An Update on SCC Arbitration Cases - SIAR 2008-2
Linn Bergman is a lawyer leading a division of the Secretariat of the Arbitration Institute of the Stockholm Chamber of Commerce ( SCC Secretariat).
Originally from: Stockholm International Arbitration Review
AN UPDATE ON SCC ARBITRATION CASES
Many people contact the Stockholm Chamber of Commerce (SCC) asking for statistics and information about SCC cases, procedures, and practice. Previous SIAR issues have published articles describing SCC practice relating to challenges to jurisdiction and to arbitrators. In upcoming SIAR issues, the SCC will continue to publish information in order to increase awareness in the arbitration community and to facilitate comparative analysis between the SCC and other international arbitration institutions. This note will focus on the relatively new SCC Rules, so called "East-West" arbitration, investment arbitration, and the first preliminary results of the SCC User Survey.
The New Features in the 2007 SCC Rules
The SCC has undertaken several changes during the past few years with the purpose of maintaining and strengthening its position as one of the leading international arbitration institutions. The SCC has gone from having a Board consisting of Swedes to an international Board composed of members located practically all over the world. We are proud to say that essentially all regions of the world are represented on the SCC Board, which consists of six prominent Swedish members; Mr Johan Gernandt, Professor Kaj Hobér, Mr Christer Söderlund, Dr Patricia Shaugnessy, Mr Einar Lundgren and Mrs Cecilia Vieweg, and leading international arbitration specialists; Dr Pierre Karrer (Switzerland), Mr V.V. Veeder (UK), Mr David Rivkin (US), Professor Alexander Komarov (Russia), Dr M.I.M. Aboul-Enein (Egypt), and Dr. Wang Sheng Chang (China).
The most recent and major change to report is the 2007 revision of the SCC Rules. The revision updated the Rules to take into account developments in international arbitration occurring since the previous revision made in 1999. The overriding objective of the revision was to create a modern set of arbitration rules that would provide an attractive and efficient arbitral procedure for the resolution of international disputes.