Region: Sweden
US bankruptcy court halts ICDR claim against Swedish e-commerce startup
A New York bankruptcy court has granted emergency relief to a Swedish e-commerce startup, staying an ICDR arbitration launched against the company by one its largest US creditors.
20 September 2024
Finland faces first ICSID claims
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
Gambia seeks annulment of tiger-prawn award
The Gambia has turned to new counsel as it seeks to annul an ICSID award that ordered the state to pay damages to Swedish and Australian investors over the expropriation of their tiger-prawn farming business.
25 July 2024
Morocco defeats bulk of oil refinery claim
Morocco says it has knocked out most of a US$2.7 billion ICSID claim by a Saudi-owned investor over a collapsed oil refinery.
16 July 2024
New chair at Swedish body
Ginta Ahrel of Westerberg & Partners has been appointed as the new chair of the executive committee at the Swedish Arbitration Association (SAA).
28 June 2024
Italy sees another intra-EU award overturned in Sweden
A Swedish court has overturned a second Energy Charter Treaty award in favour of renewables investors against Italy on the basis it is incompatible with EU law.
17 June 2024
Italy overturns intra-EU award in Sweden
A Swedish court has invalidated an Energy Charter Treaty award that required Italy to pay €11 million to a Dutch renewable energy investor, finding it was incompatible with EU law.
31 May 2024
US appeals court upholds recognition of ICSID award against Romania
A US appeals court has for the second time upheld the confirmation of an ICSID award in favour of Sweden’s Micula brothers against Romania, which the state argued had been voided as a result of decisions by the Court of Justice of the European Union (CJEU).
15 May 2024
Tiger-prawn investors win claim against Gambia
A split ICSID tribunal has ordered the Gambia to pay damages to Swedish and Australian investors over the expropriation of their tiger-prawn farming business by the government of former president Yahya Jammeh.
27 March 2024