The world of business knows at first hand how important it is to think over each step in advance and consider different options for the outcome of cases. Wise and intelligent entrepreneurs appreciate the security of their business more than anything else. One can secure the business, first, with correct documents and contracts. When making deals and concluding agreements, it is important to foresee and include the procedure for resolving disputes in the text of the agreement. Arbitration clause in the contract is an excellent choice in favor of the security of business.
1. «Jebkurš strīds, nesaskaņa vai prasība, kas izriet no šī līguma, kas skar to vai tā pārkāpšanu, izbeigšanu vai spēkā neesamību, kā arī no tā izrietošiem zaudējumiem, tiks izšķirts Rīgas šķīrējtiesā (№ 40003756873), saskaņā ar šķīrējtiesas reglamentu, viena šķīrējtiesneša sastāvā.»
«Any dispute, controversy or claim arising out of this contract that are associated with it, or the breach, termination or invalidity thereof, as well as all the damages that come with it, will be subjected to settlement in the Riga Arbitration сourt (№ 40003756873), in accordance with the rules of the arbitral tribunal, composed of one arbitrator.»
Including this clause, dispute will be reviewed in an oral form, in the presence of the parties.
2. «Jebkurš strīds, nesaskaņa vai prasība, kas izriet no šī līguma, kas skar to vai tā pārkāpšanu, izbeigšanu vai spēkā neesamību, kā arī no tā izrietošiem zaudējumiem, tiks izšķirts Rīgas šķīrējtiesā (№ 40003756873), saskaņā ar šķīrējtiesas reglamentu, viena šķīrējtiesneša sastāvā rakstveida procesā uz iesniegto dokumentu pamata.»
«Any dispute, controversy or claim arising out of this Agreement which affects it or its violation, termination or invalidity thereof, as well as all the damages that come with it, will be subjected to settlement in the Riga Arbitration сourt (№ 40003756873) in accordance with the rules of the arbitral tribunal, composed of one arbitrator , in writing on the basis of the submitted documents.»
Including this clause, the dispute will be considered on the basis of the documents submitted, without the presence of the parties.
3. «Jebkurš strīds, nesaskaņa vai prasība, kas izriet no šī līguma, kas skar to vai tā pārkāpšanu, izbeigšanu vai spēkā neesamību, kā arī no tā izrietošiem zaudējumiem, tiks izšķirts Rīgas šķīrējtiesā (№ 40003756873), saskaņā ar šķīrējtiesas reglamentu, viena šķīrējtiesneša sastāvā vai Latvijas Republikas tiesā pēc prasītāja izvēles.»
«Any dispute, controversy or claim arising out of this Agreement which affects it or its violation, termination or invalidity thereof, as well as all the damages that come with it, will be subjected to settlement in the Riga Arbitration сourt (№ 40003756873), in accordance with the rules of the arbitral tribunal, composed of one arbitrator the judge or the court of the Republic of Latvia chosen by the plaintiff.»
Including this clause, the plaintiff has discretion concerning the court in which to sumbit the claim to – the Riga Arbitration сourt, or the court of the Republic of Latvia.
4. «Jebkurš strīds, nesaskaņa vai prasība, kas izriet no šī līguma, kas skar to vai tā pārkāpšanu, izbeigšanu vai spēkā neesamību, kā arī no tā izrietošiem zaudējumiem, tiks izšķirts Rīgas šķīrējtiesā (№ 40003756873), saskaņā ar šķīrējtiesas reglamentu, viena šķīrējtiesneša sastāvā rakstveida procesā uz iesniegto dokumentu pamata. Visas attiecības, strīdi un citi jautājumi, kas izceļas no šī līguma, tiek reglamentēti un interpretēti saskaņā ar Spānijas (vai kādas citas valsts) likumiem.»
«Any dispute, controversy or claim arising out of this Agreement which affects it or its violation, termination or invalidity thereof, as well as all the damages that come with it, will be subjected to settlement in the Riga Arbitration сourt (№ 40003756873) in accordance with the rules of the arbitral tribunal, composed of one arbitrator , in writing on the basis of the submitted documents. All relations, disputes and other matters arising from this agreement are regulated by and construed in accordance with the laws of Spain.»
Including this clause, the dispute will be considered on the basis of the documents submitted, without the presence of the parties, applying the laws of Spain or some other country on which the parties have agreed.