Arbitration Court in Croatia
Arbitration Court in Croatia
Updated on Monday 24th July 2017based on 1 reviews.
The Arbitration Court in Croatia was established in 1853. It functions alongside other Croatian courts and it administers international commercial arbitrations under specific rules and regulations. The arbitration court in Croatia also performs various administrative tasks such as giving assistance to arbitrators when settling commercial disputes. Our lawyers in Croatia can tell you more about the legal framework of the Arbitration Court.
The Functions of the Arbitration Court in Croatia
According to the Law on Arbitration, the court can settle international and domestic arbitration and commercial and non-commercial disputes. The main functions of the Arbitration Court in Croatia include the following:
• To handle contract, construction and privatization disputes;
• To solve international disputes with Croatia's trading partners: Germany, Italy and Austria;
• To settle any broken arbitration agreement – any person or Croatian company have the right to enter an arbitration agreement for any subject of their interest;
• To select arbitrators and party representatives – any adult person may serve as an arbitrator, except for Croatian judges. All arbitrators have to be impartial and independent. Given the complexity of certain commercial issues, it is highly advisable to turn to the professional services of a Croatian law firm for assistance with the Arbitration Court. Any party can be represented in an arbitration proceeding, provided that a valid power of attorney is presented.
The organization of the Arbitration Court in Croatia
The Arbitration Court in Croatia functions within the Croatian Chamber of Economy and is governed by the Law on Arbitration, passed by the local government in 2001. The main bodies of the Arbitration Court in Croatia are the following:
• The presidency - handles the general supervision of all its activities, ensures the application of its principles and decides on issues related to its competency;
• The president - it represents the Arbitration Court and appoints arbitrators to solve various litigations;
• The secretary - prepares the activities of the president and enforces the decisions made by the court. It also undertakes all the administrative work of the Arbitration Court and implements the verdicts given by the arbitral tribunals.
If you need legal assistance in an arbitral tribunal, don't hesitate to contact our attorneys in Croatia.