Arbitral Digest

Matter

Gardabani Holdings B.V., Inter RAO UES PJSC and Telasi JSC v Government of Georgia, Ministry of Economy and Sustainable Development of Georgia and State Service Bureau Ltd (ICSID Case No. ADM/18/1 and SCC Case No. V2018/039)

Case no.
ADM/18/1 and V2018/039
Applicable rules
SCC Arbitration Rules
  1. 23 November 2021Arbitration

    23 November 2021Arbitration

    Second Partial Award on Damages

    Arbitration Institute of the Stockholm Chamber of Commerce

    Decision summary
    The Tribunal ordered the Respondents to pay compensation to Gardabani Holdings B.V. and Telasi JSC, declared that the amounts awarded were on an after-tax basis, and ordered the Respondents to indemnify the Claimants for taxation liability arising in Georgia. It deferred quantification of damages for the specified period and deferred the parties' claims for interest and costs to the Final Award.

    Supporting details

    9 participants
    Gardabani Holdings B.V.
    Inter RAO UES PJSC
    Telasi JSC
    Government of Georgia
    Ministry of Economy and Sustainable Development of Georgia
    State Service Bureau Ltd
    Arbitration Institute of the Stockholm Chamber of Commerce
    Arbitrator
    Zachary Douglas

Matter record

Report a correction

Gardabani Holdings B.V., Inter RAO UES PJSC and Telasi JSC v Government of Georgia, Ministry of Economy and Sustainable Development of Georgia and State Service Bureau Ltd (ICSID Case No. ADM/18/1 and SCC Case No. V2018/039) · Matter