International arbitration has a long-standing tradition in Sweden. As an arbitration-friendly jurisdiction, Sweden has traditionally been a popular place of arbitration, especially for parties from the ex-Soviet Union and China when negotiating with their counterparties from the USA, Western Europe and Canada. The reasons for this are historical and date from the Cold War since, […]
Advance on Costs in SCC Arbitration
When an arbitration agreement provides for arbitration with the Arbitration Institute of the Stockholm Chamber of Commerce (“the SCC”), the parties should bear in mind that they will be required to pay several costs over the course of the proceedings. In the following paragraphs, we will discuss the regime of the advance on costs in […]
Enforcement of an ICSID Arbitration Award in the United Kingdom and EU Law
The enforcement of an ICSID investment arbitration award in the United Kingdom can be a complex matter, especially when doing so would arguably violate EU law. In January 2017, the UK High Court delivered a judgement to stay enforcement proceedings of the final ICSID award in the case of Ioan Micula and others v Romania, […]
6 Arbitration Institutions Win 18 of 19 Arbitration Domains in One UDRP
Six Arbitration Panels brought a single UDRP seeking 19 domain names all owned by ICSID Lawyers, LLC and collectively won 18 of the domains. The Complainants are London Court of International Arbitration (LCIA) of London, United Kingdom of Great Britain and Northern Ireland (“United Kingdom”); International Chamber of Commerce (ICC) of Paris, France; Singapore International Arbitration Centre […]
Can Russian Investors Initiate Arbitration Against Cyprus to Recover their Losses?
Many Russian depositors are facing losses of up to 40 percent in Cyprus, and are currently considering their legal options. Should one of these options be initiating an investment treaty arbitration against Cyprus for expropriation on the basis of the 1997 Russian Federation-Cyprus bilateral investment treaty, which is included here: IAA-Bilateral-Investment-Treaty-Between-Russia-and-Cyprus. Such a claim could most […]