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New SCC Practice Note on Security for Costs
In 2017, the SCC added user-friendly provisions to the SCC Rules, including on security for costs. After the SCC Rules were revised in January 2023, SCC Legal Counsel Jake Lowther and former Intern Gaurav Majumdar reviewed and summarised the decisions on security for costs in closed proceedings from 2017 to 2022.
Our 3 week dispute resolution service is now available in Swedish
Not all disputes need to endure lengthy proceedings. Disputes of lesser complexity can be easily resolved within three weeks and at a fixed price with the SCC Express Rules. We have translated the rules into Swedish to make them even more accessible for Swedish businesses.
IBA report on small value claims in investment arbitration
In its recently released Report, the IBA Arbitration Committee presents research of data from the three biggest ISDS for a; SCC, ICSID, and the PCA.
The SCC arbitrators' council is launched
The SCC expands its structure with a new body – the SCC Arbitrators' Council, aimed at widening the SCC’s network of users and fostering relations with arbitral practitioners worldwide. “This is an
Pros and cons of third-party funding
The number of the SCC cases funded by third parties has increased – and demand is growing. “We expect continued market growth in the Nordics”, says Thony Lindström Härdin, CEO at Litigium Capital. We
SCC Sustainability commitment
Assessing risks and setting corporate ambitions related to sustainability are central issues for any business today. Companies need to understand the environmental, economic, and social impacts of
Lucy Greenwood started The Green Pledge to push change
“We wanted to make it easy for people who want to make changes”, says Lucy Greenwood who founded the Campaign for Greener Arbitration in 2019. An initiative that is still highly relevant and also
Joint statement: EU provides exemption for arbitration proceedings
SCC, VIAC, FAI, DIS, CAM and Swiss Arbitration Centre comments on the EU’S 7th sanctions package.
Swedish ruling allows remote hearings
In a recent ruling by the Svea Court of Appeal, the Court of Appeal confirmed that the right to an oral hearing under the Swedish Arbitration Act (the “SAA") is technology neutral and allows for
SCC survey shows positive approach to digitalized working methods
According to a new SCC survey, 77% of inhouse-lawyers at Nordic companies considers the choice of dispute resolution method a strategic decision at management level. The survey also indicates that
Intensive training in a 19th century setting
A packed program including lectures and interactive exercises in a lovely historical setting: the first SCC/SAA intensive training course for international arbitrators has been launched.
Caroline Falconer joins as new Deputy Secretary General
As of 9 May, Caroline Falconer has taken on the role as Deputy Secretary General and Head of Operations at the SCC. As a former Legal Counsel at Vattenfall, she brings valuable insights on what the