Arbitration Rules

The Applicable Rules of the Arbitration Proceeding at the Riga International Commercial Arbitration Court are determined by the agreement of the parties, the Arbitration Rules, the ”Regulations on the Arbitration Organization” and the “Regulations on Expenses Related to the Dispute Resolution”.

Payment Details

European lawyers' chamber
Registration number 40008187130

Legal address: Terbatas street 14 – 3, Riga, LV-1011, Latvia

Bank: AS Swedbank
Bank account (EUR): LV28HABA0551042850136

Calculator of Costs
The calculator of costs on our site can provide an approximate indication of expenses:
  • EUR
  • Amount of the Claim: 155 450
  • Number of arbitrators: 8
  • Fees of the Arbitral Tribunal: 5 450
  • Administrative charge: 10 000
  • Total: 15 450 EUR
The total sum without VAT.