TEST YOUR KNOWLEDGE

TEST YOUR KNOWLEDGE

High Council of Justice of Georgia

High Council of Justice of Georgia

High School of Justice of Georgia

High School of Justice of Georgia

Disciplinary Committee of Judges of Common Courts of Georgia

Disciplinary Committee of Judges of Common Courts of Georgia

Georgian Bar Association

Georgian Bar Association

Coalition for an Independent and Transparent Judiciary

Coalition for an Independent and Transparent Judiciary

National Center for Commercial Law

National Center for Commercial Law

National Center for Alternative Dispute Resolution

National Center for Alternative Dispute Resolution

Arbitration Initiative Georgia

Arbitration Initiative Georgia

EWMI/PROLoG Supports Third Workshop to Develop Company Law Course for Judges

19 October 2017 Prof. Lasha Tsertsvadze and Supreme Court judge Nino Bakakuri presenting financial structure of companies to judge trainers

EWMI/PROLoG, in cooperation with the High School of Justice and the German International Development Agency (GIZ), organized a third Training of Trainers workshop for selected Georgian judges on Corporate Law and Governance in Georgia and the EU. Like the previous workshops in May and June, the October 14-15 training included presentations, case studies, discussions and exercises that guided the “judge trainers” on the most important company law issues, such as formation and financial structure of companies, managers’ and shareholders’ rights and duties, European principles of capital maintenance, and the specific problems of closed corporations. The event marked the final stage of the Training of Trainer process. The next step will be for the judge-trainers to conduct three pilot trainings for their fellow judges, which will be organized by the end of this year. 

Under the EU-Georgia Association Agreement, within the next three to five years Georgia must implement several EU company law directives. In 2016, the Georgian Government started the implementation process and with donor support, including from PROLoG, developed a draft Company Law that is currently being prepared for submission to the Parliament. After the adoption of the new Company Law, Georgian courts will have to apply new legal concepts and interpret the law in accordance with the EU directives. The trainers trained through the EWMI/PROLoG and GIZ workshops will help prepare Georgia’s judges for these new and increased responsibilities.

USAID
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