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Amendments to the Law on Commercial Arbitration of the Republic of Lithuania

2017 06 29

On the 1st of July, 2017 amendments to the Law on Commercial Arbitration of the Republic of Lithuania entered into force. The amendments concern court assistance in arbitration proceedings (paragraph 2 of Article 9), enforcement of the award of Arbitral tribunal (paragraphs 4-7 of Article 41), and the activities of the Court of Appeal of Lithuania, when examining the issue of the annulment of an arbitration award (paragraph 7 of Article 50).

Attention to be drawn to the amendments to Article 41 of the Law, which provide that, if the award of Arbitral tribunal which place is in the Republic of Lithuania is not enforced, the local district court of the Arbitral tribunal shall issue a writ of enforcement at the request of a party in accordance with the procedure established by the Code of Civil Procedure. Consideration of the application for the issue of a writ is a subject to the written procedure. The article also indicates cases in which a district court may refuse to issue a writ. If the district court refuses to issue a writ of enforcement, the separate complaint can be submitted. The law also provides that writs of enforcement can be enforced within five years from the date of entry into force of the award of Arbitral tribunal.