Region: Finland

Gazprom sheds light on dispute with Finnish gas buyer

Gazprom has provided more details about an award issued in an arbitration with a Finnish state-owned gas importer, saying the tribunal ruled the Russian company is owed over €300 million and was entitled to cut off supplies owing to force majeure.

17 November 2022

Rosatom faces disputes over Finnish and Turkish projects

Rosatom is bringing several ICC cases and potentially also a treaty claim over the termination of its contract for a Finnish nuclear power plant, GAR has learned, as the Russian state entity is threatened with arbitration by a Turkish contractor over another politically sensitive project.

03 August 2022

Russian state entity plans claim over Finnish nuclear project

Russian state entity Rosatom is preparing to launch an arbitration against a Finnish company that cited the war in Ukraine when it terminated a contract for work on a €7 billion nuclear power plant project.

22 July 2022

Funder sues treaty claimant after settlement with Egypt

A disputes funder that provided initial financing for an investment treaty claim against Egypt before going bankrupt is now suing the successful claimant for a share of the settlement proceeds.

20 May 2022

Gazprom faces first arbitration over roubles demand

Finland’s state-owned gas company has said it is bringing an arbitration against Gazprom’s export arm – the first reported case arising from Russia’s demand that gas supplies be paid for in roubles.

18 May 2022

Roschier’s Helsinki head goes solo

Gisela Knuts is leaving her role as head of Roschier’s Helsinki office to practise as an independent arbitrator – as the firm promotes Carl Persson to partner in Stockholm.

18 February 2022

Chinese investor brings first treaty claim against Finland

An UNCITRAL tribunal is hearing the first known investment treaty claim against Finland, brought by a Chinese investor who was detained and had his business centre raided and shut down on suspicion it was facilitating illegal immigration.

01 December 2021

Finnish investor launches second claim against Egypt

A Finnish businessman has made good on his threat to file a US$500 million investment treaty claim against Egypt over alleged expropriatory behaviour committed by the state after it lost a prior treaty arbitration.

17 August 2021

Arbitration Institute of the Finland Chamber of Commerce (FCC)

28 January 2020

Finland

Featured in The European Arbitration Review 2020

18 October 2019

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