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UNCITRAL-secretary on reforming Investor State Dispute Settlement
After high publicity cases where companies have been awarded billions of dollars in damages from developing countries, Investor State Dispute Settlements, ISDS, in recent years has met critique. But what would happen if there was no ISDS? Who better to answer that question but Anna Joubin-Bret, Secretary of the United Nations Commission on International Trade Law, UNCITRAL, and Director of the International Trade Law Division in the Office of Legal Affairs of the UN Secretariat.
Romanian Court clarifies who can administer institutional arbitration in Romania
In a landmark decision, Romania's High Court of Cassation and Justice confirmed that non-governmental organizations of public interest in Romania may administer institutional arbitration only if authorized by law, resolving legal uncertainty. In this news article, Cosmin Vasile, a member of the SCC Arbitrators’ Council and partner at Zamfirescu Racoți Vasile & Partners in Romania, analyses the decision and provides some key takeaways.
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