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GAR 100 - 10th Edition

Roschier

02 March 2017

Helped an energy client gain emergency relief at the SCC

People in Who’s Who Legal 2
Pending cases as counsel 14
Value of pending counsel work US$7 billion+
Treaty cases 1
Current arbitrator appointments 2 (of which 1 is as sole or chair)
Lawyers sitting as arbitrator 1

Roschier was founded in Helsinki in 1936 but its arbitration practice these days is balanced between its Finnish and Swedish offices.

For many years, husband-and-wife team Carita Wallgren-Lindholm and the late Tomas Lindholm anchored the work. When they left in 2009 to found a boutique, Petri Taivalkoski stepped up to head the dispute resolution team in Helsinki. He has been a member of the ICC’s commission on arbitration since 2004 and regularly sits as an arbitrator.

Other names to know are Helsinki partners Gisela Knuts and Henrik Fieber, and Johan Sidklev in Stockholm, who joined from Setterwalls in 2014 and focuses on energy-related work.

Network

Roschier has had an office in Stockholm since 2005 and has collaborated with firms in Estonia, Lithuania and Latvia. It is also the Finnish member of Lex Mundi, the international network of independent law firms.

Who uses it?

Nokia, engineering group Sandvik, Saab Automobile and British American Tobacco are all clients. It’s acted for an oil multinational in a dispute over Siberian exploration rights at the SCC and a Nordic company in a multibillion-dollar energy case at the ICC.

Track record

The firm obtained a victory for a Nordic party in three consolidated ICC arbitrations initiated under five different arbitration agreements. The result was a multimillion-euro award for its client plus full costs and the dismissal of claims from four south-east European companies.

The firm successfully defended German sugar producer Nordzucker from a €30 million claim brought by Finnish food company Apetit, with the tribunal rejecting all the latter’s claims in 2014. The firm also settled a Miami-seated arbitration on behalf of a Latin American IT business following a successful application for interim relief in the Swedish courts.

In 2015, it won a €18 million award against a German private equity fund in a purchase price dispute, persuading the tribunal that the parties’ joint intention differed from the wording of their agreement.

Recent events

In early 2016, Roschier helped a Cypriot client obtain emergency relief at the SCC in a US$250 million dispute over natural gas deliveries, winning an order preventing the other side from disposing of its immoveable assets.

The firm advised a Danish client in an arbitration with a listed Swedish company over environmental guarantees; and a multinational in the IT sector in a US$17 million ICC case against its former business partner in Pakistan.

In 2016, Aapo Saarikivi in Helsinki was promoted to the partnership and Eva Storskrubb in Stockholm was promoted to counsel. Partner Rikard Wikström joined the Stockholm office in early 2017 after more than a decade with White & Case. He was recently listed as a “future leader” in arbitration by GAR’s sister publication Who’s Who Legal and has a particular focus on oil and gas work.