Arbitral Digest

Matter

O.A.-S. Ltd v Arbitration Respondents (Supreme Court of Georgia A-1049-Sh-31-2025)

Case no.
V2022/143
  1. 16 April 2024Arbitration

    16 April 2024Arbitration

    Procedural Order No. 4 on Interim Measures dated 16 April 2024

    Arbitration Institute of the Stockholm Chamber of Commerce

    Decision summary
    The sole arbitrator ordered interim measures securing the claim, including attachment of the respondents' 100% shares in eight companies, restrictions on registry changes, and steps concerning a director change registration.

    Supporting details

    8 participants
    O.A.-S. Ltd
    K. Dz.
    A. Dz.
    T. Dz.
    S. M.-Dz.
    D. M.-Dz.
    I. T.
    Arbitration Institute of the Stockholm Chamber of Commerce
    Arbitrator
    Sole arbitrator

    6 months and 30 days later · 213 days

  2. 15 November 2024Arbitration

    15 November 2024Arbitration

    Final Award dated 15 November 2024

    Arbitration Institute of the Stockholm Chamber of Commerce

    Decision summary
    The arbitral tribunal dismissed the claim, including the request for damages of GEL 1,450,198, transfer of 100% corporate rights in eight companies, interest, and other damages; the interim measures and orders ceased when the final award was issued.

    Supporting details

    7 participants
    O.A.-S. Ltd
    K. Dz.
    A. Dz.
    T. Dz.
    S. M.-Dz.
    D. M.-Dz.
    I. T.
    Arbitration Institute of the Stockholm Chamber of Commerce

    8 months and 3 days later · 245 days

  3. 18 July 2025Georgia

    18 July 2025Georgia

    Ruling of the Civil Chamber of the Supreme Court of Georgia in case A-1049-Sh-31-2025 dated 18 July 2025

    Civil Chamber of the Supreme Court of Georgia

    Decision summary
    The court granted the arbitration respondents' application, recognized and enforced the portion of the 15 November 2024 final award that terminated the interim measures, and lifted the restrictions previously imposed when the court recognized and enforced Procedural Order No. 4. The ruling is final and not subject to appeal.

    Supporting details

    8 authorities · 10 participants
    O.A.-S. Ltd
    K. Dz.
    A. Dz.
    T. Dz.
    S. M.-Dz.
    D. M.-Dz.
    I. T.
    Civil Chamber of the Supreme Court of Georgia

    Authorities cited

    8
    • United Nations Convention on the Recognition and Enforcement of Foreign Arbitral Awards (New York Convention (1958))
      treaty
    • Law of Georgia on Private International Law
      statute
    • Law of Georgia on Arbitration
      statute
    • Civil Procedure Code of Georgia
      statute
    • ICCA Guide to the Interpretation of the 1958 New York Convention (2013)
      academic
    • Mustill, Arbitration History and Background (Journal of International Arbitration, Vol. 6 No. 2 (1989))
      academic
    • Finn Madsen, Commercial Arbitration in Sweden (Commercial Arbitration in Sweden (Jure Förlag AB, 1st ed., Stockholm, 2004))
      academic
    • G. Tsertsvadze, Preconditions for International Arbitration Proceedings (Preconditions for International Arbitration Proceedings (Tbilisi, 2008))
      academic

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O.A.-S. Ltd v Arbitration Respondents (Supreme Court of Georgia A-1049-Sh-31-2025) · Matter