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Gardabani Holdings B.V. and Silk Road Holdings B.V. v. Georgia, ICSID Case No. ARB/17/29
Short Name:
Seat of Arbitration:
Applicable Treaty:
Applicable Legal Instruments:
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.

