Ana Kostava


Ana Kostava


Tbilisi | Dechert Georgia LLC, Pixel Building, 7th Floor, 34 Chavchavadze Avenue, Tbilisi 0179
+995 322 20 66 28

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Ana Kostava is a graduate of Cambridge University LLM. She has previously worked in the fields of international dispute settlement, public international law and human rights with organizations such as the World Trade Organization Appellate Body Secretariat, AfricaRice, and European Court of Human Rights. In addition to that, she had another two years of domestic legal practice with a Georgian law firm and as a Chief Legal Counsel for an investment SPV prior to joining Dechert. Her experience covers fields of general corporate law, foreign investments, international dispute settlement, public international law, telecommunications, aviation, gaming regulations, energy project financing and regulation related transactions, among others.


Significant Representations

  • The Ministry of Economy and Sustainable Development of Georgia on the investor selection and negotiation process for the Build, Own, Transfer Agreement for the Anaklia Black Sea Deep Water Port Project.
  • A foreign investor in Georgia in relation to investments in real estate and hotel assets.
  • JSC Georgian Oil and Gas Corporation on a liability management exercise in relation to its US$250 million 6.875% notes due in 2017, which included the issuance of new notes.
  • The European Bank for Reconstruction and Development in relation to its financing of a supermarket chain in Georgia.
  • The Ministry of Justice of Georgia in relation to the development of commercial courts in Georgia.
  • The Ministry of Justice of Georgia in relation to a dispute with IFI S.p.A. regarding Georgia’s potential violation of a Bilateral Investment Agreement between Georgia and Italy.
  • IATA Consulting in relation to its assessment of the Georgian airline market. This included providing a detailed review and assessment of Georgia’s regulatory framework regarding aviation.
  • A subsidiary of the Georgian Co-Investment Fund on its refinancing of a loan extended to a Cayman-based subsidiary of Bitfury Group Limited.
  • Bitfury USA in relation to its entering into a joint venture with Advania Data Centers in Georgia.
  • A major foreign investor in relation to the $250-300 million of acquisition and development of energy projects in Georgia.
  • BNY Mellon in relation to securing the return of its funds held in arrest by the Office of the Chief Prosecutor of Georgia.
  • Betsson AB in relation to its US$85 million acquisition of a Georgian company operating in the gaming sector.
  • The Government of Ras Al-Khaimah on numerous Georgian-law disputes and litigation matters, as well as advice regarding Georgian real properties.
  • J.P. Morgan Securities plc and Merrill Lynch International as Joint Lead Managers in connection with the issuance, offering and sale of JSC BGEO Group’s US$350,000,000 6.00% Notes due 2023 on the Irish Stock Exchange.
  • A major European telecommunications company in connection with due diligence and Georgian-law advice relating to its assets and legal entities in Georgia.
  • The Georgian Co-Investment Fund on Hydropower projects in Georgia.
  • Caucasus University, LL.B., 2011, first in class
  • University of Cambridge, LL.M., 2014
  • Georgia
  • Georgian
  • English
  • French
  • Russian
  • Spanish
  • German