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Stockholm Arbitration Report (SAR)

Preview Page SAR 2002 - 2

Subject-matter: Ambiguous arbitration clause.

Finding: A clause referring to “the International Commercial Arbitration Court of Stockholm, Sweden” was found to refer to the Arbitration Institute of the Stockholm Chamber of Commerce.

Parties:
Claimant: The Production Company, S.A. (Switzerland)
Respondent: The Trading Company, S.A. (British Virgin Islands)

Place of arbitration: Stockholm, Sweden

Language of the proceedings: English

Nationality of arbitrators:
Chairman: Swedish
Arbitrator: Swedish
Arbitrator: Swedish

Amount in dispute: EUR 920 000

Arbitration costs: EUR 70 000*