New on Swedish Arbitration Portal: Svea Court of Appeal dismissed ordre public claims
In a decision recently published on the Swedish Arbitration Portal, the Svea Court of Appeal upheld an arbitration award, rejecting allegations that it was clearly incompatible with Swedish ordre public.
Kazakhstan challenged the arbitral award claiming that the investors had violated the Swedish ordre public by knowingly misleading the arbitral tribunal, withholding relevant information, and presenting false evidence. Kazakhstan also claimed that the award was not covered by a valid arbitration agreement and that the tribunal had been appointed in violation of the SCC Rules.
The Svea Court of Appeal dismissed Kazakhstan’s claims, holding that the award was not clearly incompatible with Swedish ordre public, that the arbitration agreement was valid, and that the arbitral tribunal was duly appointed.
The Swedish Arbitration Portal is facilitated by the Arbitration Institute of the Stockholm Chamber of Commerce (the SCC). The project’s mission is to increase transparency in arbitration by making Swedish case law more accessible to the international community.