Regulation
Mediation clause

Mediation clause

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Typical mediation clause

 

Any dispute, controversy or claim in connection with this contract, or the breach, termination or invalidity thereof, shall be settled by mediation under the rules mediation of the “Mediation House of the Riga Arbitration Court" in Riga in the absence of objections to the parties.

 

 

Typical mediation clause - combined clause

Any dispute, controversy or claim in connection with this contract, or the breach, termination or invalidity thereof, shall first be submitted for settlement by way of mediation under the rules of mediation of the “Mediation House of the Riga Arbitration Court " in Riga in the absence of objections to the parties. If a party objects to mediation or if the mediation procedure is terminated, the dispute shall be finally resolved ____________________.

 

Important:

 

When using this clause, one of the following options should be included:

 

Option number 1 ... in the Riga Arbitration Court (№40003756873), in accordance with the rules of this arbitration court, composed of one arbitrator. "

 

Option number two ... in the Riga Arbitration Court (№40003756873), in accordance with the rules of this arbitration court, composed of one arbitrator, in written proceedings on the basis of the documents submitted. "

 

Option number 3 ... in the Riga Arbitration Court (№40003756873), in accordance with the rules of this arbitration court, composed of one arbitrator, or a court of the Republic of Latvia at the option of the plaintiff. "

 

Option number 4 ... in a court of the Republic of Latvia.