Sweden’s Rise as International Arbitration Forum

London and Paris are generally regarded as the primary forums for international arbitration in the trade networks built around the Atlantic Ocean and Mediterranean Sea, with major international cities such as New York, The Hague, and Rome also figuring prominently. But this article in the AmLaw Daily highlights the growing importance of Stockholm as a center for the arbitration of large international disputes. In a recent survey of half-billion dollar international awards, Stockholm emerged as a leader in large awards, topping New York in that category. The reason is that many of the biggest cases involve natural resources from Russia, and Russians prefer the cultural familiarity of Stockholm to other, more heterogeneous forums. Despite the location in Sweden, most of the attorneys appear to be based in the big London firms.

2 thoughts on “Sweden’s Rise as International Arbitration Forum”

Leave a Reply

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.