Issues of jurisdiction of disputes for arbitration proceedings. Comparative analysis of legislation of Baltic States (Latvian Republic and Estonian Republic)

The issues of jurisdiction of disputes between economic entities to be solved through the institution of commercial non-state arbitration and the competence of arbitration institutions to consider certain types of disputes are analyzed. As a continuation of the publication in the previous issue of the journal, the arbitration legislation and arbitration practice of the Baltic states of the former USSR, such as the Republic of Latvia and the Republic of Estonia, were researched and the activities of local arbitration institutions. There is an influence on genesis of the above states legislation of Soviet and Russian law, as well as the legal traditions of some states of the European Union, especially the countries of Western Europe and Scandinavia. The Baltic republics are characterized by formed market economy at a relatively high level. The institution of commercial arbitration, as a means of resolving economic disputes, is also quite developed and in popular in the legal and economic systems of the above states. This publication analyses the legal issues of arbitrability of disputes in legal systems of Latvia and Estonia, national and international legislation governing these issues. Conclusions have been developed about the main advantages and disadvantages of legal regulation of institution of arbitration in above states.