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Decision by the Stockholm District Court rendered in 2001 in case K3-4897-92 & Decision by the Svea Court of Appeal rendered in 2001 in case 5337-01 & Decision by the Swedish Supreme Court rendered in 2003 case 3504-1 2 - SAR 2004 - 1

Author(s): 
Christer Söderlund
Page Count: 
14 pages
Media Description: 
1 PDF Version from "Stockholm Arbitration Reporter"
Published: 
December, 2004
Jurisdictions: 
Sweden
Practice Areas: 
Categories of Disputes,
Arbitrability,
Banking and Finance Disputes,
Parties,
Bankruptcy of a Party

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Stockholm Arbitration Report (SAR)

Preview Page SAR 2004 - 1

Observations by Christer Söderlund

SUBJECT-MATTER: Applicability of an arbitration clause in bankruptcy proceedings.

FINDING: A bankruptcy estate is bound by an arbitration agreement concluded by the debtor prior to the bankruptcy.

PARTIES:
Claimant: Bankruptcy estate of Svenska Kreditförsäkringsaktiebolaget (Sweden)
Respondents: Unione Italiana di Riassicurazione S.p.A, et al

PLACE OF COURT PROCEEDINGS: Sweden

APPLICABLE LAW: The Swedish Bankruptcy Act

Excerpts below are an unofficial translation of the proceedings in the Stockholm District Court, the Svea Court of Appeal and the Swedish Supreme Court.