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In International Arbitration Yearbook

Baker McKenzie International Arbitration Yearbook 2023-2024 – Sweden

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A. LEGISLATION AND RULES A.1 Legislation The Swedish Arbitration Act (SAA) continues to be the primary source of arbitration law in Sweden and governs both domestic and international arbitration proceedings. The SAA does not differentiate between domestic and foreign proceedings, with the exception of the enforcement and recognition of foreign awards and proceedings. There have been no legislative amendments in 2023. A.2 Institutions, rules and infrastructure The SCC is the central arbitration institute in Sweden…

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In Europe

Baker McKenzie International Arbitration Yearbook 2021-2022 – Sweden

by , and 7 Mins Read

A. LEGISLATION AND RULES A.1       Legislation The Swedish Arbitration Act (SAA) continues to be the primary source of arbitration law in Sweden which governs both domestic and international arbitral proceedings. The SAA does not differentiate between domestic and foreign proceedings with the exception of the enforcement and recognition of foreign awards and proceedings. There have been no legislative amendments in 2021. A.2       Institutions, rules and infrastructure A.2.1    The SCC Institute and the SCC Rules The…

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In Arbitration Agreements

The Swedish Supreme Court requests a preliminary ruling from the CJEU on the validity of an arbitration agreement in light of the Achmea ruling

by 4 Mins Read

The case concerns a damage claim between a Luxembourg company and the Republic of Poland. The arbitral tribunal determined, in one separate and one final award, that Poland had violated its obligations under an intra-EU bilateral investment treaty (BIT) between Poland, Luxembourg and Belgium by expropriating the Luxembourg company’s shareholdings in a Polish bank, and subsequently, the company was entitled to damages. The awards were challenged by Poland inter alia on the grounds that the…

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In Arbitration Procedure

Modernization of the Swedish Arbitration Act in progress

by 4 Mins Read

Approaching its twentieth anniversary, the modernization of the Swedish Arbitration Act (“SAA”) is closer than ever. Although the general perception is that the SAA is effective, the long-prepared reform aims to make it even more responsive to the needs of its users. The development of the reform to date The first steps towards modernizing the SAA were taken in February 2014, when the Swedish Government appointed a parliamentary committee to review the SAA, identify any…

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