
It is a non-state independent institution, which is created by engagement or an appropriate decision of interested individuals and/or legal entities in the manner prescribed by the Law to resolve disputes arising from civil and economic relations. This is how the Law interprets it.
Simply stated, it is an arbitration court where arbitrator is chosen by the parties to resolve their dispute.
The Court of Private Arbitration is permanent and was created in March, 2007 under the ASSOCIATION “BUSINESS PARTNERS GROUP”, in recognition thereof a certificate of the Ministry of Justice of Ukraine dated 05.03.2007 No. 10 was issued.
Of course, the parties of the conflict, giving the right to independent arbitrator to judge them, must be absolutely sure as follows: on parity basis in winning, on competence of judge in the subject of the dispute, on acceptance of all evidences provided and finally the fact that ultimately fair and objective decision will be taken. It is the principles on which the Court of Private Arbitration under the “BUSINESS PARTNERS GROUP” ASSOCIATION is functioning. Independent arbitrators qualified lawyers and advocates helping business representatives to resolve their economic conflicts, and individuals’ civil disputes.
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