The shareholders of Silknet have appointed Ted Jonas, an American-qualified
lawyer with over 25 years; practice experience, to the companys supervisory board.
Ted is highly rated by the international legal rating agencies as one of the best
business and finance lawyers dealing with Georgia.
Jonas's central function on the supervisory board will be to help bring the company’s
corporate governance up to the next level in its development, and to assist the
company on international legal compliance issues. “Silknet’s business is growing,
and so too are our financial requirements,” said George Ramishvili, (Chairman of the
Supervisory Board) “We increasingly look to international banks and capital markets
to raise funds. Ted brings expertise in the corporate governance and international
legal compliance requirements that these banks and financial markets require the
company to meet. We are fortunate to be able to bring on board an international
lawyer who knows Georgia and our company so well, and who has an excellent
reputation for honesty, independence, and the high quality of his work.”
Jonas was the managing partner of DLA Piper in Georgia for nearly 10 years, and is
now Senior Counsel with Dentons, another global law firm, which took over DLA
Piper’s Georgia practice in May 2017. Ted has been a trusted legal advisor to Silk
Road Group and its affiliates as their outside counsel for more than 11 years, so he
enters Silknet as a independent member of its supervisory board with a great deal of
knowledge about the company and its operations.