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 € | 400,0 € | 150,0 € |
| from 7`001,0 € to 20`000,0 € | 1`000,0 € + 3,5% from the sum exceeding 7`000,0 € | 600,0 € | 300,0 € |
| 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:
- in claims for recovery of money - the amount to be raised;
- in claims for reclamation - the cost of the reclaimed property;
- 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;
- in claims for termination of the transaction or invalidation - the contested amount of the transaction;
- in claims for property rights to the real estate - its value, but not less than its cadastral value;
- 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)