Legal analysis regarding planned limitations of online loans in Business Contact by GLCC Law Firm Partner Mr. Irakli Gaprindashvili
Lack of effective control and over-regulating the tariff of international calls by Communication Commission caused reduced international calls (over 50%) from year to year, and subsequently resulted in suspension of small and medium local operating companies.
Supreme Court of Georgia: Shareholders and Executive may be held personally liable for the financial responsibilities of the Company
Partner of GLCC Law Firm Mr. Irakli Gaprindashvili talked to Rustavi2 TV on the ambiguity of the court decision and increased risk of possible abuse by the government institutions. Legislative action is needed to clarify rules of corporate limitations and limit wide discretion of the individual judge.