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Arbitration & Mediation

At COBALT, we prioritise negotiations and mediation as effective alternative dispute resolution methods. When these avenues are not viable, our team adeptly represents clients before arbitration tribunals, excelling in complex commercial and multi-jurisdictional disputes across various legal sectors.

Our clientele includes corporate entities and governmental bodies engaged in both local and international arbitration proceedings. We possess extensive experience in arbitral proceedings conducted under the arbitration rules of various prominent institutions such as the International Chamber of Commerce (ICC), Stockholm Chamber of Commerce (SCC), London Court of International Arbitration (LCIA), International Centre for Settlement of Investment Disputes (ICSID), Finland Arbitration Institute (FAI), the chambers of commerce in Estonia, Latvia, and Lithuania, as well as UNCITRAL Arbitration Rules.

Our success stems from a collaborative approach that combines high-level arbitration expertise with specialised legal knowledge pertinent to each case. Memberships in networks like Lex Mundi and the World Services Group, along with our pan-Baltic cooperation, enable us to effectively manage arbitration disputes involving multiple jurisdictions.

We offer comprehensive support throughout the dispute resolution process, including:

  • Contractual assistance – advising during contract drafting, formulating arbitration clauses, and suggesting most suitable arbitral institution, seat, and governing law.
  • Legal opinions – providing insights on procedures, best strategies and potential outcome of the dispute.
  • Serving as legal counsel in arbitration proceedings – advocating for clients in domestic and international arbitration proceedings.
  • Setting aside of arbitral awards – assisting in annulment proceedings in local courts.
  • Enforcement of arbitral awards – assisting in recognition and enforcement proceedings of both international and domestic arbitral awards.

Additionally, our team members frequently serve as arbitrators, bringing a balanced perspective to the arbitration process. At COBALT, we are dedicated to delivering tailored dispute resolution strategies that align with our clients’ specific needs and objectives.

 

Experts
Deals & cases
Publications
Recognitions

Arbitration Guide LATVIA   2025 - 07 - 01

Baltic Disputes Market Overview 2024   2025 - 01 - 23

Clifford Chance: Unilateral Option Clauses Survey 2024   2024 - 12 - 04

Arbitration in Latvia: A Summary (Including 2024 Amendments)   2024 - 07 - 04

Latvia introduces a set-aside mechanism and other needed changes to its Arbitration Law   2024 - 06 - 13

Recent Developments in Latvian Arbitration Law   2024 - 06 - 06

Latvian Constitutional Court: Absence of a Mechanism for Setting Aside of Arbitral Awards Violates the Rights to a Fair Trial   2023 - 03 - 22

Absence of the set-aside action under Latvian law: a comparative and historical perspective   2021 - 11 - 29

Clifford Chance: Unilateral Option Clauses Survey 2021   2021 - 02 - 18

Arbitration in Latvia: A Cautionary Tale?   2017 - 04 - 11

Arbitration in Latvia: Was a Restart a Failure?   2016 - 01 - 25

The effect of arbitrator certification on the quality of arbitration process   2015 - 01 - 21

Supreme Court of Estonia clarifies parties’ right to seek review of court decisions enforcing arbitral awards   2015 - 01 - 06

The Variegated Landscape of Mediation. A Comparative Study of Mediation Regulation and Practices in Europe and the World   2014 - 11 - 13

Supreme Court of Estonia limits parties’ right of action for setting aside arbitral awards   2014 - 05 - 29

Recent case law developments in declaring arbitration agreement invalid   2014 - 04 - 28

Consequences of failure to rely on arbitration agreement within time limit   2013 - 09 - 09

Know-how in the Court of Arbitration   2012 - 09 - 19

„COBALTS’s fast response times, proactive service and client-focused dedication ensure tailored, effective solutions, demonstrating their commitment and expertise in every interaction.“
Chambers Europe 2025, Dispute Resolution, Estonia office
"The team is fully equipped with professional members to offer legal support and solve cases in different areas depending on the client's needs."
Legal 500 2025, Dispute Resolution, Estonia office
“COBALT have considerable knowledge of litigation in Lithuania and have a pragmatic approach.”
Chambers Europe 2025, Dispute Resolution, Lithuania office
“COBALT fields a specialised and diversified disputes team. What truly sets COBALT apart is its unparalleled experience not only in legal representation but also in advocacy and legislative drafting.”    
Chambers Europe 2025, Dispute Resolution, Latvia office