TUREX LTD v. GEORGIA

Communicated on 8 July 2016 FOURTH SECTIONApplication no. 22398/10TUREX LTD against Georgialodged on 10 April 2010STATEMENT OF FACTS1.  The applicant, Turex Ltd, is a limited liability company registered in Georgia. It is represented before the Court by Mr B. Kacan, a lawyer practising in Istanbul.A.  The circumstances of the case2.  The facts of the case, as submitted by the applicant, may be summarised as follows.3.  On 4 August 1998 the Tbilisi Municipality issued a decree granting the applicant a right to possession over a plot of land measuring 8,704 square meters. A subsequent lease contract was concluded between the parties on 25 September 1998.4.  The applicant privatised the leased property in accordance with the domestic legislation on 12 July 1999 and became its lawful owner, as confirmed by the Tbilisi Public Registry records of 15 October 2001.1.  The first set of proceeding …