Last year’s new entrant from Sweden is having to deal with the loss of Hans Bagner
- People in Who’s Who:
- Value of pending counsel work:
- US$1.5 billion
- Current arbitrator appointments:
- 1 (of which 1 is as sole or chair)
- No. of lawyers sitting as arbitrator:
This disputes boutique was established in 2006 when three younger members of the dispute resolution team at Vinge saw a gap in the market. The three founders – Marcus Axelryd, Helena Dandenell and Kristoffer Persson – planned to offer a dispute resolution practice that wouldn’t suffer from as many conflicts problems as the larger, full-service firms.
Originally aimed at domestic arbitration and court proceedings, the firm quickly branched into international disputes. With the hire of another ex-Vinge lawyer, Johan Sahlstrand, it gained specialisation in media, IT and telecoms.
The intervening period saw a series of associates arrive from Vinge, Hammarskiöld and Gernandt & Danielsson, and in 2010, one of Swedish arbitration’s big names, Hans Bagner, joined.
Bagner is a former member of the ICC Court (1996 and 2002) and a current member of the ICC arbitration commission. He’s one of the more experienced arbitration advocates in Sweden – notably serving as co-counsel with Freshfields Bruckhaus Deringer in a long-running SCC dispute over Russian mobile phone company MegaFon. Bagner lately announced plans to leave the firm.
A national business title recently described the firm as the fastest growing Swedish law firm of 2011.
Who uses it?
The energy, telecoms, IT and sports sectors provide this boutique with a steady supply of commercial arbitration work at the SCC. Lately, a number of European gas companies have relied on Frank in arbitrations over gas deliveries to eastern Europe.
One of the firm’s proudest moments came in a nuclear dispute recently. In 2010, Frank lawyers won 220 million kronor for a client in the nuclear industry, and a declaratory award rejecting more than 625 million kronor in counterclaims from its opponent. That success led to an immediate further instruction and the partners now regard themselves as well-versed in international and domestic nuclear industry regulations.
Hans Bagner has now left Frank for the litigation department of Nordic firm MAQS, where he started on 1 January 2012.
Meanwhile, the firm added to its telecoms practice by hiring hired Anna Byström, a former legal counsel at Telenor and senior associate at Vinge, in Stockholm.
Helena Dandenell completed a training programme for young arbitrators run by the Swedish Arbitration Association and the Stockholm Chamber of Commerce.