Tag: Sweden

ASCOM case: Kazakhstan’s request to set aside is rejected, the SCC award “was not fraudulent”

ASCOM case: Kazakhstan’s request to set aside is rejected, the SCC award “was not fraudulent”

On 9 December 2016 the Svea Court of Appeal (Sweden) rejected Kazakhstan’s request for the award in Anatolie Stati, Gabriel Stati, Ascom Group SA and Terra Raf Trans Trading Ltd v Kazakhstan (Arbitral Award in SCC Case No. V (116/2010) the “Award“) to be set aside, finding Kazakhstan’s allegations regarding a presentation by investors during the […]

By 10 January, 2017 0 Comments Read More →
Russian Investors Turning More Frequently to Investment Arbitration

Russian Investors Turning More Frequently to Investment Arbitration

In 2016 the Russian Federation has most commonly appeared on the host state’s end of investor-state disputes, facing numerous arbitration claims brought in relation to the events in Crimea. However, quite recently Russia has also become more involved as a home state, with Russian investors becoming more active in investor-state disputes. This post highlights the […]

By 22 November, 2016 0 Comments Read More →
Arbitrators and courts: two battlefields over the tribunal’s jurisdiction

Arbitrators and courts: two battlefields over the tribunal’s jurisdiction

In a recent decision rendered in Stockholm on 21 April 2016, the Swedish Supreme Court confirmed that national courts have the same authority to conduct a fully-fledged review of an arbitral tribunal’s jurisdiction as the arbitral tribunal itself. The decision comes in relation to an ongoing UNCITRAL arbitration under the auspices of the Stockholm Chamber of Commerce, […]

By 1 August, 2016 0 Comments Read More →
CIS-Related Disputes in Stockholm On the Rise Because of the Economic Crisis

CIS-Related Disputes in Stockholm On the Rise Because of the Economic Crisis

CIS Arbitration Forum is starting a series of interviews with representatives of major international arbitration institutions working on disputes related to Russia and the CIS region. We hope the readers will appreciate updates from major arbitration institutions and their efforts to improve services rendered to arbitration users from the region. The series starts with an […]

Yukos Award – Beginning of a New Enforcement Saga

Yukos Award – Beginning of a New Enforcement Saga

While the recent agreement between Yukos shareholders and Rosneft settles all litigation disputes between them, it does not solve the existing disputes between Yukos and Russia as a state, in particular the $50 billion arbitration award made by the PCA in The Hague in 2014. As Russia refuses to voluntarily comply with the award, Yukos […]

How far Should the Court go in Applying Public Policy? Lessons from Sweden

How far Should the Court go in Applying Public Policy? Lessons from Sweden

In January 2015 the Russian Supreme Court upheld the decisions of the lower courts which refused to enforce a SCC arbitration award due to public policy reasons. Prior to that the Swedish Svea Court of Appeal has reviewed the same case in the annulment proceedings and came to the opposite conclusion. The approaches of the Russian and […]

By 19 February, 2015 0 Comments Read More →
SCC is Organising a Conference on CIS Dispute Resolution in Stockholm

SCC is Organising a Conference on CIS Dispute Resolution in Stockholm

The Stockholm Chamber of Commerce (SCC) is organising a two-day conference on International Dispute Resolution in Sweden involving parties from Russia and CIS 3-4 of November in Stockholm. The conference will have a special focus on disputes involving Russian and CIS parties and is organised by the SCC in cooperation with the Russian Arbitration Association and the […]

By 8 September, 2014 0 Comments Read More →
“Arbitration in Sweden” Released in Russian

“Arbitration in Sweden” Released in Russian

The Arbitration Institute of the Stockholm Chamber of Commerce (SCC) and Swedish Arbitration Association (SAA) have finished a year-long project and released a Russian translated version of the book “Arbitration in Sweden”. “Arbitration in Sweden”, a book covering international commercial arbitration in Sweden, has been translated into Russian by SCC legal counsel Natalia Petrik. Free […]

Award Enforcement in Russia: Forum Conveniens Rule

Award Enforcement in Russia: Forum Conveniens Rule

A significant number of foreign assets can be found in the territory of the Russian Federation. As such, the country may become a popular venue for the enforcement of arbitral awards against foreign entities. This post looks at Russian law and practice when it comes to enforcement of arbitral awards against parties that are not incorporated in […]

Arbitration in Sweden: Law and Practice by Roman Zykov

Arbitration in Sweden: Law and Practice by Roman Zykov

This is the first book which provides for a fully comprehensive Russian-language commentary and analysis on arbitration available in Sweden. Authored by Roman Zykov, the Russian language book “Arbitration in Sweden: law and practice” was published in December 2013. Sweden is a major player in the field of arbitration when it comes to commercial and investment […]

By 20 January, 2014 0 Comments Read More →
Chasing the Russian Federation

Chasing the Russian Federation

On 1 July 2011 the Supreme Court of Sweden refused sovereign immunity protection to the trade mission of the Russian Federation. The decision opens a new page in a long battle between the Russian Federation and a German investor Franz Sedelmayer who won in arbitration against Russia in 1998. In early 1990s, Franz Sedelmayer, a […]