Gardabani Holdings B.V. and Silk Road Holdings B.V. v. Georgia, ICSID Case No. ARB/17/29
Case type:
Applicable arbitration rules:
Investment treaty:
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Economic sector:
Outcome:
Amount of damages:
US $75,900,000
Other remedy:
The Tribunal ordered the Respondent to indemnify the Claimants against any Georgian tax liabilities on the awarded amounts and granted simple interest at the six-month USD SOFR rate plus 2% from December 24, 2021, until payment is finalized.
Available documents
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Oct 2022
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Oct 2022
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Nov 2022
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Feb 2023
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