Partner Note - Rusudan Maisuradze

Significant victory over Terabank JSC

BLB team managed to secure a more than GEL 1,5 million win against the commercial bank, Terabank, in a very complex case of depositors v. Terabank.

The case consisted of several claims of depositors and counterclaims of the bank regarding alleged illegal appropriation of the client’s deposit account by Terabank. Our litigators stand for depositors. At this stage, we won the counter lawsuit initiated by Terabank against its depositors.