UBIKourt
UBIKourt is a dispute resolution body of UBIK – Croatian Blockchain and Crypto Association. Formed primarily as the arbitration institution in the blockchain space for the blockchain space. It serves the purpose of professional, unbiased and expert objective on the dispute in question, such as:
- Standard disputes unrelated to blockchain technology;
- Crypto and smart contracts related disputes;
- Emergency issues of any kind;
- LegOps;
- Pre-solution of dispute resolution;
- Post-solution for dispute resolution;
- Dispute resolution regarding any emerging technology sector (AI…)
List of arbitrators
Vlaho Hrdalo
Partner at Hrdalo & Krnic Law Firm, Head of Legal Tech at Croatian Bar Assoc, Chairman at UBIK.hr, Teacher at University of Zagreb, Certified court interpreter of English
Area of expertise: fintech, blockchain, cryptocurrencies, company law, commercial law, diplomacy, banking, finance, international law, and export
Languages: English, Croatian
Vedran Kologranić
Attorney-at-law based in Split, Croatia
Area of expertise: Legal – blockchain, ICT/TMT, corporate, commercial, bankruptcy and insolvency, copyright, general litigation and arbitration
Languages: English, Croatian
Karla Krmpotić
Senior legal associate at Hrdalo & Krnic LLC Law Firm
Area of expertise: crypto-related compliance & crypto companies/VASP licensing, ICT/TMT, contracts
Languages: croatian, english
Ivan Krnic
Partner at Hrdalo & Krnic Law Firm, Certified court interpreter of English
Area of expertise: fintech, blockchain, cryptocurrencies, company law, commercial law, diplomacy, banking, finance, international law, and export
Languages: English, Croatian
Željka Motika
Founder of MOTIKA&Partners, the law firm, headquartered in Belgrade, Serbia
Area of expertise: Commercial law, corporate law, technology transactions, intellectual property, software, technology licensing, acquisitions, digital assets and Initial Coin Offerings (ICOs)
Languages: English, Serbian
Luka Porobija
Attorney at law at Porobija & Špoljarić LLC, Certified Mediator
Area of expertise: ICT/TMT, data protection, contracts
Languages: English, Croatian
Dora Stazić
Professional background: Attorney at law at Porobija & Špoljarić LLC, Certified Mediator
Area of expertise: ICT/TMT, Contracts, Corporate
Languages: English, Croatian, Spanish
Ivan Sumić
Managing partner at Law Firm Matulić Sumić & partners llc, based in Split, Croatia
Area of expertise: Legal – blockchain, ICT, commercial, maritime, shipping and shipbuilding, general litigation and arbitration
Languages: English, Croatian
Board of arbitrators
- President: Ivan Sumić
- Vicepresidents: Vlaho Hrdalo, Luka Porobija
- Members: Karla Krmpotić, Filip Šaravanja
Secretary
- Head Secretary: Lucija Glavaš
- Assistant Secretary: Lara Fritz
UBIKOURT FAQ
What is the fee for resolving disputes through UBIKourt?
How does UBIKourt operate?
Does it take place in real-time?
How long does the arbitration process usually take?
Is the decision of the arbitration body binding?
Who can submit a case to the arbitration body?
What sets UBIKourt apart from traditional legal processes?
Who can be appointed as an arbitrator?
Administrative Fees
Case Filing Fee
A filing fee is applicable to all arbitrations administered by the UBIKourt.
A filing fee in a fixed amount of 2.000,00 EUR for cases with an amount in dispute up to 100.000,00 EUR is payable in advance with the Request for Arbitration, Reply to the Request and each Counterclaim and is non-refundable.
Additional filing fee in the amount of 500,00 EUR for each started 100.000,00 EUR in dispute is payable in cases where the amount in dispute exceeds 100.000,00 EUR up to a maximum filing fee in amount of 25.000,00 EUR.
Filing fees cover all administrative and case management costs of UBIKourt, its Board and Secretariat.
Arbitrators` Fees
Amount in Dispute | Arbitrator's Fee |
---|---|
0 - 1.000.000,00 EUR | 5.000,00 EUR |
1.000.000,00 - 5.000.000,00 EUR | 7.500,00 EUR |
5.000.000,00 - 15.000.000,00 EUR | 10.000,00 EUR |
15.000.000,00 - 50.000.000,00 EUR | 20.000,00 EUR |
> 50.000.000,00 EUR | 50.000,00 EUR |
The amount for each Arbitrator in the case is payable in advance with the Request for Arbitration, with an increase of 20% for the President of the Tribunal and in cases where the dispute is decided by a sole Arbitrator.
The above fees are calculated on a fair time use basis of up to 20 hours of participation in the procedure. UBIKourt’s Board may require payment of additional fees in exceptional cases when such payment is reasonably justified by the complexity and the Arbitrators’ time and when this is requested by the Tribunal. In such cases the Board will decide within 7 days on the mode of payment, and the effect of the request on the pending case.
The above fees apply in cases where the parties and the Arbitrators do not agree on a higher fee. If the parties and the Arbitrators agree on a higher fee, the same fees have to apply to the entire Tribunal (with the 20% increase for the President of the Tribunal).
In cases where the tribunal decides to hold hearings in person, Arbitrators are justified in requesting reimbursement of their reasonable travel costs upon presenting the receipts.
The national taxes, if any, related to the amounts paid for participating in the arbitration will be borne by the arbitrators.
Experts' Fees
In cases where the Arbitral Tribunal appoints an Expert in accordance with the Arbitration Rules, the appointed Expert will be entitled to compensation based on time used on working on the case at the hourly rate of:
Amount in Dispute | Arbitrator's Fee |
---|---|
0 - 1.000.000,00 EUR | 200,00 EUR |
1.000.000,00 EUR - 5.000.000,00 EUR | 300,00 EUR |
1.000.000,00 EUR - 5.000.000,00 EUR | 300,00 EUR |
5.000.000,00 - 15.000.000,00 EUR | 400,00 EUR |
15.000.000,00 EUR - 50.000.000,00 EUR | 650,00 EUR |
> 50.000.000,00 EUR | 1.000,00 EUR |
Upon appointment of an expert by the Tribunal, the Tribunal will request advance payment of the Expert’s fees from the Parties for a number of hours the Tribunal finds appropriate for the task. The Tribunal will request payment of additional fees if the Expert’s time use reasonably exceeds the advance payment.
The above fees apply in case where the parties and the Expert do not agree on a higher fee.
In cases where the Tribunal decides to hold hearings in person, Experts are justified in requesting reimbursement of their reasonable travel costs upon presenting the receipts.
The national taxes, if any, related to the amounts paid for participating in the arbitration will be borne by the Experts.
Arbitration Fees