Sweden: Bankruptcy Estate of Svenska Kreditförsäkringsaktiebolaget (Sweden) v. Unione Italiana di Riassicurazione S.p.A, et al - International Arbitration Court Decisions - 3rd Edition

DECISION BY THE STOCKHOLM DISTRICT COURT RENDERED IN 2001 IN CASE K3-4897-92 AND DECISION BY THE SVEA COURT OF APPEAL RENDERED IN 2001 IN CASE Ö 5337-01 AND DECISION BY THE SWEDISH SUPREME COURT RENDERED IN 2003 IN CASE Ö 3504-01*

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.

Table of Contents:

SWEDEN

Bankruptcy Estate of Svenska Kreditförsäkringsaktiebolaget (Sweden) v. Unione Italiana di Riassicurazione S.p.A, et al,Decision by the Stockholm District Court rendered in 2001 in Case K3-4897-92 and decision by The Svea Court of Appeal rendered in 2001 in Case Ö 5337-01 and Decision by the Swedish Supreme Court rendered in 2003 in Case Ö 3504-01

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

Observations by Christer Söderlund