Issue of lis pendens.
Where a court action has been initiated by one party in matters later
referred to arbitration by the second party, and where the issue of the
court’s jurisdiction has not yet been finally decided, such court action does
not constitute ground for litispendens in the arbitral proceeding initiated
by the second party.
Claimant: 1. Alpha S.p.A (Italy)
2. Alpha Technical AB (Sweden)
Respondent: Beta Technical S.p.A (Italy)
Place of arbitration:
Language of the proceedings:
Nationality of arbitrators:
Sole Arbitrator: Swedish
Amount in dispute:
EUR 1 260 000
EUR 46 000*