Region: Sweden
CJEU says UK infringed EU law by enforcing Micula award
The Court of Justice of the European Union has ruled that the UK infringed EU law by allowing Sweden’s Micula brothers to enforce a €178 million ICSID award against Romania.
14 March 2024
SCC announces new board members and fee hike
The SCC Arbitration Institute has added five new members to its board as it announces a rise in its arbitrator fees.
02 January 2024
Top Dutch court refuses to reinstate freeze on Kazakh fund
Moldovan investors engaged in a decade-long campaign to enforce a US$500 million Energy Charter Treaty award against Kazakhstan have failed to reinstate a Dutch attachment against a sovereign wealth fund – after reporting favourable rulings in Sweden, the US and Gibraltar.
13 October 2023
ICSID panel orders Huawei to disclose Swedish contracts
An ICSID tribunal hearing Huawei’s claim against Sweden over its exclusion from the rollout of 5G has ordered the Chinese group to produce unredacted versions of its contracts with mobile network operators in the country.
25 August 2023
Annulment of intra-EU award upheld in Sweden
The Swedish Supreme Court has refused to hear a Luxembourg fund’s appeal against the annulment of a €56 million Energy Charter Treaty award against Spain.
17 July 2023
Construction group reports win in Stockholm mall dispute
A Swedish construction group says it has won an SCC award worth US$129 million in a dispute with a subsidiary of France’s Unibail-Rodamco-Westfield over one of Scandinavia’s largest shopping malls.
04 July 2023
Russian court restrains SCC case against Rosneft entity
A Russian court has ordered a Texas oil company to refrain from pursuing a Stockholm Chamber of Commerce arbitration against a Rosneft subsidiary or face a US$148 million penalty – as a final award in the dispute comes to light.
22 February 2023
Dutch court blocks Stati award over “procedural fraud”
A Dutch court has refused to enforce a US$500 million Energy Charter Treaty award against Kazakhstan after finding that the Moldovan claimants committed procedural fraud in the arbitration – just as a Swedish court allows them to target sovereign assets.
25 January 2023
Swedish courts annul intra-EU treaty awards
The Swedish courts have set aside intra-EU investment treaty awards made against Poland and Spain based on the European Court of Justice’s rulings in Achmea and Komstroy.
14 December 2022