Arbitration in Lithuania: The Matter of Fact

Arbitration in Lithuania: The Matter of Fact Arbitration in Lithuania: The Matter of Fact Rimantas Simaitis and Renata Berzanskien* Contents 1. Introduction 2. Historical Insight into Development of Lithuanian Arbitration Institutions 3. Questions of Law 4. Recognition and Enforcement of Foreign Arbitral Awards 5. Current Trends in State Courts' Practice 6. Questions of Attitude 7. Conclusions 1. Introduction As a post-Union of Soviet Socialist Republics (USSR) country, Lithuania started to learn about commercial arbitration less than two decades ago, after restoration of independence in 1990. It was not an easy task to accomplish. The dispute resolution culture was not in favour of private settlement of disputes, such as different alternative dispute resolution (ADR) techniques with the help of an independent private third party. For more than 50 years disputes were resolved only through state courts in Lithuania. Accordingly, in the first place, it was a question of confidence and reliability to entrust dispute settlement to a new type of forum. In addition, little knowledge existed among the legal community about the principles applicable to arbitral proceedings, both in domestic and international contexts. Despite these impediments, progress was quite rapid. The first textbook on commercial arbitration1 was published in Lithuanian in 1997. CoDr Rimantas Simaitis is http://www.deepdyve.com/assets/images/DeepDyve-Logo-lg.png Baltic Yearbook of International Law Online Brill

Arbitration in Lithuania: The Matter of Fact

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Publisher
BRILL
Copyright
Copyright 2008 by Koninklijke Brill NV, Leiden, The Netherlands
ISSN
1569-6456
eISSN
2211-5897
D.O.I.
10.1163/22115897-90000030
Publisher site
See Article on Publisher Site

Abstract

Arbitration in Lithuania: The Matter of Fact Rimantas Simaitis and Renata Berzanskien* Contents 1. Introduction 2. Historical Insight into Development of Lithuanian Arbitration Institutions 3. Questions of Law 4. Recognition and Enforcement of Foreign Arbitral Awards 5. Current Trends in State Courts' Practice 6. Questions of Attitude 7. Conclusions 1. Introduction As a post-Union of Soviet Socialist Republics (USSR) country, Lithuania started to learn about commercial arbitration less than two decades ago, after restoration of independence in 1990. It was not an easy task to accomplish. The dispute resolution culture was not in favour of private settlement of disputes, such as different alternative dispute resolution (ADR) techniques with the help of an independent private third party. For more than 50 years disputes were resolved only through state courts in Lithuania. Accordingly, in the first place, it was a question of confidence and reliability to entrust dispute settlement to a new type of forum. In addition, little knowledge existed among the legal community about the principles applicable to arbitral proceedings, both in domestic and international contexts. Despite these impediments, progress was quite rapid. The first textbook on commercial arbitration1 was published in Lithuanian in 1997. CoDr Rimantas Simaitis is

Journal

Baltic Yearbook of International Law OnlineBrill

Published: Jan 1, 2008

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