News

2015. year 03. march

Conformity of The Riga International Arbitration Court to the Arbitration Law

The Riga International Arbitration Court implementing the paragraph 8 section 6 requirements of the Arbitration Law confirms to the Register of Enterprises of the Republic of Latvia its list of arbitrators as updated. This fact also confirms that arbitrators of the Riga International Arbitration Court are suitable to the paragraph 14 sections 2 and 4 of the Arbitration Law, and that they are not subjects of restrictions mentioned in the paragraph 15 of the Arbitration Law. At the same time the...

2015. year 03. march

Work with law reforms

The Ministry of Justice of the Republic of Latvia has been started work with establishment in norm of expressed findings that is related to arbitration competence principle in November 28th, 2014 resolution in case No. 2014-09-01 of Constitutional court of the Republic of Latvia. Members of the Riga International Arbitration Court actively are taking part in created task group work.

2014. year 29. december

The new wording of the Rules of the Riga International Arbitration Court

The Register of Enterprises of the Republic of Latvia 16/12/2014 has registered new wording of the Rules of the Riga International Arbitration Court. The new wording of the Rules shall take effect starting from 1 January 2015. The new wording of the Rules are available in Latvian, English and Russian. 

2014. year 03. october

The Arbitration Law has adopted

On September 11, 2014 the Saeima made the decision to adopt the Arbitration Law, which has been promulgated on October 1, 2014. The Arbitration Law is set to come into force on 1 January 2015. The adoption of the new Arbitration Law is going to change the legal regulation of arbitration action. The full text of the law can be viewed on the webpage likumi.lv -http://likumi.lv/doc.php?id=269189. The Riga International Arbitration Court already fully complies with the requirements defined in the...

2014. year 11. july

The new wording of the Rules of thе Riga International Arbitration Court

The Register of Enterprises of the Republic of Latvia 02/07/2014 has registered the new wording of the Rules of the Riga International Arbitration Court, including  Supplement №1 - List of arbitrators and Supplement №2  - Costs of the arbitrage. At the moment the new wording  of the Regulations is available only in Latvian. The new wording of the Regulations will be translated into English in the nearest future. In case of any questions, please contact us directly!

Contacts

Palasta str 10, Riga, Latvia
LV-1050

Phone:
+ 371 6 722 2822
Fax:
+ 371 6 722 4447
E-mail:

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Opening hours:

- Monday 10:00-13:00 and 14:00-16:00

- Tuesday 10:00-13:00 and 14:00-16:00

- Wednesday 10:00-13:00 and 14:00-16:00

- Thursday 10:00-13:00 and 14:00-16:00

- Friday 10:00-14:00

 

Why we?

Expenses

Legal expenses of the Riga International Arbitration Court are substantially lower than the court fees of the state’s courts of law and there are no expenses for appeals and the Supreme Court of Cassation needed.

Competence

Arbitration Court has an extensive list of arbitrators, consisting of highly competent professionals.

Quickness

Arbitration Court settles any disputes with no unnecessary delay - within a period between a month and 3 months, depending on the complexity of a case.