Collective agreement, as a general act, which determines rights, obligations and responsibilities of employees arising out of labor relation and interrelationships of participants in conclusion of the collective agreement, is created when the meeting of minds is reached between negotiations participants. In the negotiations procedure for conclusion of collective agreement or its modifications and amendments a dispute between the participants may occur. Even when the collective agreement is concluded there can also be a dispute between contracting parties with respect to its application. The subject-matter of the collective labor dispute is either dispute with respect to conclusion of the collective agreement and/or its modifications and amendments or dispute with respect to application of the collective agreement. First type of collective disputes is named interest collective disputes, and second ones are legal collective disputes. Collective labor disputes may be resolved in front of arbitration, by conciliation, and if these means fail contracting parties of the collective agreements may protect its rights from the collective agreement before the competent court.