Specialists of “Goretskyy and Partners” Law Firm are judges of the Arbitration Court. At the conclusion of contracts (agreements), our customers are very often include “arbitration clause”, under which all disputes under the contract (agreement) in the future should be considered in the appropriate court of arbitration.
Arbitration courts are functioning according to the Law of Ukraine “On arbitration courts” adopted in May 2004 and perform arbitration functions.
Ukrainian legislation defines the arbitration courts as the competent authorities for the resolution of disputes arising from civil and economic relations.
Main principles of activity of the arbitration courts:
Arbitration courts are not public bodies and are not included in the system of courts administering justice on behalf of the state.
The decision of the parties to submit the dispute to arbitration made in writing form in the form of a separate arbitration agreement or arbitration clause in the text of the main contract.
The competence of the arbitration courts is limited by law. Arbitration courts in the manner prescribed by law, may consider any matters arising from civil and economic relationships, with the exception of:
The decision of the arbitration court may be appealed by the parties, third parties, as well as persons who are not involved in the case, if the arbitration court decided the question of their rights and responsibilities.
The decision of the arbitration court is obligatory upon the parties in the case. Enforcement of the decision of Arbitral court is made by a state executive service.
Law Firm “Goretskyy and Partners” has a positive experience in representing clients’ interests in the International Commercial Arbitration Court at the Chamber of Commerce of Ukraine, as well as the recognition and enforcement of arbitral decisions abroad.
The current economic relations dictate their terms to customers and offer more and more complex challenges. Quite often, business entities that have relationships with foreign counterparts, point in their contracts / agreements so-called “arbitration clause”, in the presence of a controversy between the participants of economic relations shall be referred to the International Commercial Arbitration Court at the Chamber of Commerce in Ukraine.
Our experts will help you:
Send your contact information. We will contact you soon.