SCC Statistics 2015
The Arbitration Institute of the Stockholm Chamber of Commerce (SCC) is one of the world’s leading forums for dispute resolution. The SCC also plays a leading role internationally as the second largest forum in the world for the administration of disputes between investors and states under its own rules.
2015 proved to be another strong year for the SCC with 181 administered cases which is the sixth highest result ever since the SCC was founded in 1917.
Out of the 181 cases, 43 % (78) were Swedish and 57 % (103) international, which clearly evidence the strong position of the SCC as a preferred venue for dispute resolution among both the Swedish and the international business community. Compared to 2014, the share of international cases increased by 6 percentage points.
Of the 2015 caseload, 62 % (118) were administered under the SCC Rules, and 27 % (50) were administered under the SCC Rules for Expedited Arbitrations. During 2015, the SCC also administered one Emergency Arbitrator proceeding.
In 7 % (12) of the cases, parties also requested SCC’s administrative services as appointing authority in ad-hoc arbitrations, consisting of appointments of arbitrators in ad-hoc arbitrations conducted under the Swedish Arbitration Act (2), appointment of arbitrator for ad-hoc arbitration conducted under the UNCITRAL Rules (1), and appointments of valuator/auditor (9).
Parties from 37 different countries chose to resolve their disputes with the SCC in 2015. Swedish parties continued to appear most frequently in SCC cases. Of the international parties, Russia, Ukraine, Germany, Norway, UK and Azerbaijan were the most frequent nationalities to appear before the SCC.
During 2015, the SCC administered disputes stemming from a range of different sectors. Most frequently parties brought disputes arising out of delivery agreements, service agreements, share purchase agreements, and shareholders agreements.
For the majority of cases administered under the SCC Rules it took between 6-12 months from the time of registration of a case until the rendering of an award.
For 62 % of the cases administered under the SCC Rules for Expedited Arbitrations an award was rendered within 3-6 months.
If a decision on interim measures is needed to provisionally ensure a party's claim, before the commencement of an arbitration, the party may apply to the SCC for the appointment of an Emergency Arbitrator in accordance with the SCC Rules.
Five emergency arbitrator proceedings were commenced at the SCC between 2014 and 2015. Three investor treaty protection agreements, one share purchase agreement and one construction agreement, respectively, formed the basis of the request for interim measures.