Arbitration expenses

Sum in dispute Expenses Arbitrator's fee
In case the dispute is resolved
by 1 Arbitator
Arbitrator's fee
In case the dispute is resolved
by 3 Arbitators
up to 2`000,0 € 15% of sum, but not less than 250,0 € 250,0 € 100,0 €
from 2`001,0 € to 7`000,0 € 600,0 € + 4% from the sum exceeding 2`000,0 € 600,0 € 300,0 €
from 7`001,0 € to 20`000,0 € 1`000,0 € + 3,5% from the sum exceeding 7`000,0 € 200,0 € 120,0 €
from 20`001,0 € to 100`000,0 € 2`500,0 € + 1,8 % from the sum exceeding 20`000,0 € 900,0 € 500,0 €
from 100`001,0 € to 500`000,0 € 3`500,0 € +1,4% form the sum exceeding 100`000,0 € 1`500,0 € 800,0 €
from 500`001,0 € to 1`000`000,0 € 6`500,0 € + 0,75% from the sum exceeding 500`000,0 € 2`900,0 € 900,0 €
over 1`000`000,0 € 9`500,0 € + 0,5% from the sum exceeding 1`000`000,0 € 3`800,0 € 1`500,0 €

Immaterial claims

400,0 € 350,0 € 200,0 €

Ammount claimed:

  1. in claims for recovery of money - the amount to be raised;
  2. in claims for reclamation - the cost of the reclaimed property;
  3. in claims for early termination of the lease and hiring - the total amount of payments for the remaining duration of the contract, but not more than for three years;
  4. in claims for termination of the transaction or invalidation - the contested amount of the transaction;
  5. in claims for property rights to the real estate - its value, but not less than its cadastral value;
  6. in claims consisting of several independent property claims - a total sum of all claims.
  • If the process involves several plaintiffs and / or multiple defendants, the fee for the proceedings is increased by 10% for each additional plaintiff or defendant.
  • Reimbursement for secretarial services is determined in the amount of 100.00 € per meeting of the arbitral tribunal, which lasts not more than 3 hours. If a meeting of the arbitral tribunal lasts more than three hours, remuneration for secretarial services is determined in the amount of 25.00 € per hour, which is paid in addition to the arbitral tribunal. Additional charges applied as per every next meeting of the arbitral tribunal.
  • Reimbursement for the interpreter’s services is determined on the basis of the interpreters estimates drawn up by a sworn translator, translator or translation bureau.
  • Reimbursement for the experts services is determined on the basis of the experts estimates, drawn up by the expert, expertise bureau or any other institution performing the expertise.
  • Travel expenses of the arbitrator and payment for accommodation are determined on the basis of the calculation of the arbitrator and corresponding documents.
  • Fee for the copies of archives materials ie of the case that has been completed is 0.50 € per page.

The costs of the arbitration shall be paid:

Biedrība "RDAC", reg.number 40008232684, to the bank account № LV77HABA0551039581227 in AS Swedbank (SWIFT code HABALV22)

Contacts

Contacts:

Riga, Lāčplēša street 27-6
+371 67-284-567

Opening hours:

Please be so kind to make agree time of your visit by phone: 67284567 beforehand
Monday: 11.30 – 13.30
Friday: 11.30 – 13.30

Requisites:

Biedrība "RDAC" Lāčplēša iela 27-6, Rīga Reģ. Nr. 40008232684 LV77HABA0551039581227 AS Swedbank HABALV22
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