Day of Commercial Courts
June 4, Wednesday
History of the holiday
The holiday is tied to the adoption of the Law "On the Arbitration Court" by the Verkhovna Rada of Ukraine on June 4, 1991. This law became the foundation for the establishment of the commercial court system in independent Ukraine. Later, on November 6, 1991, the Commercial Procedural Code of Ukraine was adopted, which regulated the procedure for resolving commercial disputes.
Importance of commercial courts
Commercial courts play a key role in the economic life of the country. They handle disputes between legal entities and entrepreneurs related to:
* conclusion and execution of commercial contracts
* bankruptcy and liquidation of enterprises
* protection of property rights and intellectual property
* other matters of commercial law
Who celebrates
On this day, congratulations are extended to:
* judges of commercial courts
* court staff members
* lawyers and attorneys specializing in commercial law
* law faculty professors and students
Traditions of the celebration
The Day of Commercial Courts is usually marked by:
* ceremonial gatherings and conferences
* awards for outstanding employees and judges
* official greetings from the leadership of the judiciary and government
* discussions on current issues of commercial litigation
This holiday highlights the importance of fair and effective resolution of commercial disputes for the stability and development of the country's economy.