• EU
  • 14 juni 2024

Svea Court of Appeal has set aside two arbitration awards

Two contested arbitration awards regarding international investment disputes have been declared invalid within two months by the Svea Court of Appeal. The court concluded that the maintenance of arbitration awards that have been examined against the background of arbitration clauses based on international investment disputes are clearly incompatible with the principles of EU law and thus also incompatible with the legal order in Sweden, which is why both arbitration awards now have been declared invalid by the Court of Appeal. Please read the article regarding Svea Court of Appeal's ruling Invalid arbitration awards