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The Arbitration Court at the “Legal Aid and Mediation” Association (LAMA) is an independent dispute resolution institution that adjudicates domestic and international property disputes.
The Arbitration Court at the “Legal Aid and Mediation” Association was established by a resolution adopted by the members of the non-profit association “Arbitration Court – Veliko Tarnovo” on 20 December 2010. By the same resolution, the Statutes, Rules, Schedule of Fees and List of Arbitrators of the Arbitration Court at LAMA were adopted.
By a resolution of the Association’s members dated 28 February 2011, the Association’s name was changed to the non-profit association “LEGAL AID AND MEDIATION.”
The Arbitration Court at the “Legal Aid and Mediation” Association resolves civil and commercial disputes concerning property rights and obligations, as well as disputes relating to the filling of gaps in contracts or their adaptation to newly arising circumstances. Such disputes may arise between natural persons or legal entities, whether domiciled or having their registered office in the Republic of Bulgaria or abroad. The disputes are heard in accordance with the Rules of the Arbitration Court at the “Legal Aid and Mediation” Association by arbitrators included in the Court’s List of Arbitrators.
The Arbitration Court at the “Legal Aid and Mediation” Association provides the framework and procedures for the out-of-court settlement of domestic and international disputes of a private-law nature in respect of which settlement by agreement is legally permissible.