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One year ago, in May 2021, the Arbitration Institute of the Stockholm Chamber of Commerce (“SCC”) extended its portfolio of dispute resolution services with the SCC Express Dispute Assessment (“SCC Express”). The SCC Express constitutes a new, hybrid form of dispute resolution between arbitration and mediation. Depending on what the Parties want, the SCC Express offers them a binding or non-binding legal assessment of their dispute(s) by a neutral professional. The SCC’s biggest marketing points…

In May 2018, Spain requested the set-aside of an arbitral award in front of the Swedish Svea Court of Appeal. In the award, the SCC tribunal had granted the Luxembourg company, Novenergia, EUR 53.3 million in damages on the grounds that Spain had, as an effect of Spain’s reform to its renewable energy subsidy regime, violated standards of fair and equitable treatment under the Energy Charter Treaty (ECT). Novenergia was awarded damages in relation to…

On 21 November 2018, the Swedish Parliament adopted revisions to the Swedish Arbitration Act (“SAA”). The revisions continue to reflect the influence that the UNCITRAL Model Law also had on the current 1999 Act, but are intended to make arbitration proceedings seated in Sweden more efficient and more accessible, especially for foreign practitioners, ensuring that Sweden continues to be an attractive venue for international dispute resolution. The revised SAA is set to enter into force…

The Arbitration Institute of the Stockholm Chamber of Commerce (“SCC”) was founded in 1917.  It is part of the Stockholm Chamber of Commerce, but acts independently in its administration of domestic and international disputes. On February 2017, the SCC published a report on investor-state disputes registered at the SCC, describing among other things, the nationalities of the parties and arbitrators appointed, the basis of consent invoked by investors, the outcomes of the cases decided under…