Court of Arbitration

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The Arbitration Court of LCCI is an institutional arbitration attached to the Latvian Chamber of Commerce and Industry (founded in 1934), which traditionally provides distinct advantages of arbitration through its more flexible processes and wide enforceability award.

The Arbitration Court of LCCI provides the settlement of international and local commercial disputes in accordance to the LCCI Rules of Arbitration.

Where the parties have agreed, the Arbitration Court at LCCI may provide for the settlement of disputes in accordance with UNCITRAL Arbitration Rules.

The reputation of Arbitration Court of LCCI is well known in Latvia as the only arbitration institution, which has not a list of arbitrators and Ethic Code (about arbitrators impartiality ) as a part of arbitration procedure. To look the Ethic Code click here.

There are flaxible taxes of arbitration costs and terms for rendering an arbitration award in respect of small disputes, amounted till 1000 Ls (see: the rules).

The Overview of 2007 was accepted by Council of Arbitration Court at LCCI on 10 January 2008 (see: the actualities and events).

To look overview 2007 click here.