Any dispute, disagreement or claim arising from this Agreement and the accessory agreements relating to this Agreement concerning its validity, expiry, termination, repudiation and their consequences (including the application of injunctive reliefs) as well as the matters concerning the validity and existence of the Arbitration Clause provided in this paragraph shall be referred for hearing and final resolution to Arbitration Chamber of Georgia Ltd (ID number 205267389), to the jurisdiction of which the parties hereby irrevocably submit.
The Arbitration shall hear the dispute in accordance with its Regulations.
Depending on its complexity, any case shall be heard by the Arbitration comprising one or three arbitrators. The arbitrators are appointed and their number is determined by the Arbitration.
The parties further undertake to give the Arbitration a notice of any change in address and/or actual location. Otherwise, the Arbitration will send correspondence to the address specified in this Agreement and such correspondence (including the bundle, notice of certain arbitration proceedings, orders, the Award, etc.) shall be deemed to have been served (with any pertaining legal implications).
Mamuka Ghviniashvili has been practicing law for over 20 years. At different times, he has served in a variety of capacities, including as Head of the Supreme Court of Georgia Chamber for Civil, Entrepreneurial and Bankruptcy Cases, Assistant Judge for Gardabani District Court, and Lawyer for United Georgian Bank.
Mamuka Ghviniashvili has extensive practical experience in civil and administrative law.
He is a practicing lawyer and a member of the Georgian Bar Association. He is also a doctoral student at Grigol Robakidze University, has authored a number of of research papers and scholarly articles, and participated in a variety of conferences and trainings.
Lali Gochelashvili has been a practicing lawyer since 1991. She has served as a judge for Kutaisi District Court and the Supreme Court of Georgia. Prior to her appointment as a judge, Lali Gochelashvili led Kutaisi Branch of Young Lawyers' Association.
She was also a member of the Georgian Bar Association and served as a civil law expert for GTZ (German Technical Cooperation) Judicial Reform Group.
Since 2006, she has been the Managing Partner of Khachidze and Gochelashvili Consulting Group JLC and the Chairperson of the Standing Arbitration of the same company. She is a practicing lawyer and a member of the Georgian Bar Association.
Giorgi Sulakadze has been practicing law since 1997. At different times, he has served in a variety of capacities for the High Council of Justice of Georgia, the Ministry of Justice, and Internews Network (NGO).
He served as a judge for Tbilisi City Court for ten years. Simultaneously he served as an instructor at Ivane Javakhishvili State University, Ilia State University, and Georgian Institute of Public Affairs (GIPA).
Giorgi Sulakadze has extensive experience in international, civil and administrative law.
He is a practicing lawyer and a member of the Georgian Bar Association. He has actively participated in various conferences and trainings.
The amount of arbitration fee shall be calculated from the value of the subject of dispute and account for: