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What is Arbitration court?
Arbitration court is a non-governmental legal institution reviewing and deciding upon the civil cases subjected to arbitration court.
In the modern society arbitration courts are widespread and used in resolving property claims not only in internal national civil and commercial relations, but also in international trade.
What are the advantages of the Arbitration court?
1. Speedy review of cases
Dispute is resolved once; the award is final and is not subject to appeal. It enhances a quick and objective review of dispute between the parties; taking into account that the settlement of dispute at the arbitration court generally takes approximately two up to four weeks, but in litigation in state courts legal proceeding may last up to several months and even years.
2. Economy
Taking into account that the Arbitration court adopts the decision at a one-instance legal proceeding, the expenses are much more less for there are no extra funds necessary for several court hearings as it is a case in state court litigation system.
3. Convenience
Once the case is filed for review in Arbitration court, the arbitrator may review the case grounding upon the submitted evidences at a "Written proceeding".
Language of review of the case is defined upon a mutual agreement between the parties.
Review of case is being performed at a closed Arbitration hearing thereby ensuring confidentiality and denying the possibility to unauthorized persons to obtain the information on legal proceeding.
What are the differences between the Arbitration court and State court system?
In order to enforce the collection, it shall be first necessary to have Award of the Arbitration court or a court decision. Grounding upon the decision, a writ of execution is issued. Grounding upon the writ of execution, the law enforcement officer executes the collection.
In Zemgales Arbitration court
Court hearing | Time | Activity | Result |
1 | 0.5 - 2 months | Arbitration hearing | Final Award |
In State court system
Legal proceedings | Time | Activity | Result |
1 | 6 - 24 months | Review of the case at the Court of First Instance | Subject to appeal |
2 | 6 - 24 months | Case review under appellation procedure | Subject to appeal, adjudication comes into force. |
3 | 6 - 24 months | Case review under appellation procedure | Final adjudication, or the 4th legal proceeding. |
4 | 6 - 24 months | Repeated case review at the same court, by a different court panel | Subject to appeal, adjudication comes into force. |
5 | 6 - 24 months | Review of the case under cassation procedure | Final adjudication, or the 4th legal proceeding. |
... | ... | ... | ... |
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