Region: Sweden
Ex-Vattenfall lawyer joins SCC as deputy secretary general
Caroline Falconer has left her role as senior legal counsel at Swedish state-owned power utility Vattenfall to become the new deputy secretary general and head of operations at the Arbitration Institute of the Stockholm Chamber of Commerce.
30 May 2022
Mannheimer partner goes solo in Stockholm
German and Swedish-qualified lawyer Alexander Foerster has left the partnership at Sweden’s Mannheimer Swartling after 30 years with the firm to practise as an independent arbitrator in Stockholm.
13 May 2022
GE pays out after losing corruption challenge in legacy case
A General Electric subsidiary has paid an ICC award over a Lithuanian power plant project after Sweden's Supreme Court refused to hear its final appeal that the contract was tainted by corruption – a case practitioners say shows the Swedish courts are taking a “UK approach” to such allegations.
05 May 2022
Greek state entity defeats Stockholm set aside bid
Greece’s state-owned gas company Depa has defeated an attempt by Turkish counterpart Botaş to have a Stockholm court set aside a US$227 million ICC award over the price of gas supplied under a pipeline deal.
05 April 2022
SCC says pandemic has led to caseload dip
The Arbitration Institute of the Stockholm Chamber of Commerce says the coronavirus pandemic has led to a 26% drop in the number of new cases it took on last year, while nearly half of the arbitrators appointed by its board were women.
11 March 2022
Polish utility beats Gazprom set-aside bid
UPDATED: Gazprom has lost its Swedish court challenge to a gas price review award said to be worth US$1.5 billion in favour of Polish state utility PGNiG, as Orrick confirms it has ceased to act as counsel to the Russian state-owned company.
10 March 2022
Ukraine seeks to unseat Alexandrov
Ukraine has become the latest state to challenge Bulgarian arbitrator Stanimir Alexandrov as it defends an ICSID claim by a Swedish energy company over the collapse of a joint venture.
28 January 2022
Huawei brings ICSID claim against Sweden over 5G ban
Chinese telecoms giant Huawei has made good on its threat to bring an investment treaty claim against Sweden over its exclusion from the rollout of 5G network technology amid national security concerns.
24 January 2022
Vattenfall saga at an end
A long-running ICSID arbitration worth nearly €8 billion brought by Swedish power company Vattenfall over Germany’s phase-out of nuclear energy has been discontinued after a €1.4 billion settlement took effect.
12 November 2021
Gazprom sees off another price review challenge
A Swedish court has rejected a Turkish energy company’s bid to set aside an award in another gas price review arbitration with a subsidiary of Gazprom.
01 November 2021