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BLB SECURED VICTORY FOR ONE OF THE DEPOSITORS OF TERABANK IN THE LANDMARK CASE AGAINST THE COMMERCIAL BANK

BLB represents depositor of Terabank in the commercial dispute against the Terabank concerning violation of Deposit Agreement.

The dispute relates to mass violation of depositor’s rights, including bank’s obligations arising out form the bank secrecy principle. 

The case is unique for Georgian court practice: the dispute is initiated by the individual whose deposit has been used by the commercial bank for repayment of loans issued in favor of third parties not related to the depositor. 
BLB managed to secure more than GEL 1,5 million win for its client at the Tbilisi City Court and continues representation of the client at the second instance court.

 
Цитаты
"BLB изменила свое местонахождение и сейчас находится по адресу: улица Марджанишвили 5/16-18, второе здание, второй этаж 0102 Тби..."
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"Compact firm providing comprehensive assistance to large national and regional companies, advising on Georgian legislation and regulations, assisting with documentation and providing due diligence."
Chambers Europe


 
 
 
 
 

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