Region: Finland

A Swiss court has upheld an ICC award that accepted jurisdiction over claims worth €800 million against Russia’s Rosatom concerning advance payments for work on a Finnish nuclear power plant.

22 November 2024

Ukraine’s Naftogaz says a Finnish court has granted its request to freeze Russian state-owned assets worth tens of millions of dollars in aid of its bid to enforce a US$5 billion investment treaty award. 

28 October 2024

Finland’s Fortum Oyj says it has settled its €200 million ICC dispute with a Danish manufacturer over Russian wind projects – as Russia instructs counsel in a separate treaty claim lodged by the Finnish state-owned company. 

11 October 2024

Finland is facing its first-ever ICSID cases – a pair of Energy Charter Treaty claims brought by investors in the country’s largest electricity distribution network.

27 August 2024

One of the first awards to address the disruption of Russian gas supplies to Europe caused by the war in Ukraine has surfaced – shedding light on the legal consequences of a Putin decree requiring buyers to pay for gas in roubles. 

11 July 2024

Tuuli Timonen has left her role working in-house at Nokia to join Helsinki-headquartered firm Dottir as its new head of dispute resolution. 

01 May 2024

Sanna Kaistinen has stepped down as secretary general of the Arbitration Institute of the Finland Chamber of Commerce to return to private practice – with Henrik Sajakorpi of Roschier taking over the role.  

09 April 2024

Finland’s majority state-owned energy company has launched an investment treaty claim against Russia, seeking several billion euros in damages over the seizure of its operations in the country.

27 February 2024

Featured in The European Arbitration Review 2024

11 October 2023

Finland’s majority state-owned energy company has threatened Russia with an investment treaty claim worth several billion euros after its operations in the country were seized under a presidential decree.

13 July 2023