SCC Statistics 2017
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.
2017 has proven to be another strong year for the SCC. In this year, the SCC administered 200 cases, which is the third highest caseload since the SCC was founded in 1917.
The SCC presents a more extensive statistics for 2017 compared to the years before. Among the new statistics is the gender balance in arbitrator appointment and amount in dispute.
Out of the 200 cases, 48% (96) were international and 52% (104) Swedish, which clearly evidenced the strong position of the SCC as a preferred venue for dispute resolution among both the Swedish and the international business community.
Of the 2017 caseload, 54% (108) were administered under the SCC Rules, and 36% (72) were administered under the SCC Rules for Expedited Arbitrations. The SCC also administered 3 Emergency Arbitrator proceedings.
Parties from 40 different countries chose to resolve their disputes with the SCC in 2017. Swedish parties continued to appear most frequently in SCC cases. Outside Sweden, Russia, Ukraine, USA, Germany and Azerbaijan were the most frequent nationalities to appear before the SCC.
The cases commenced in 2017 were disputes stemming from a wide range of contract subjects. Most frequently parties brought disputes arising out of delivery agreements, service agreements, business acquistions, construction agreements and shareholders agreements.
For the majority of awards rendered under the SCC Arbitration Rules in 2017, it took between 6-12 months from the time of registration of a case until the rendering of an award.
More than half of the awards rendered under the SCC Rules for Expedited Arbitration in 2017 were rendered within 3 months. The vast majority of award were rendered within 6 months.
The most frequent applicable law in SCC cases commenced in 2017 was Swedish law (72%), followed by English law and Investment law.
The total amount in dispute for cases commenced in 2017 was more than EUR 1.5 billion.
Other than Swedish, English and Russian were the languages that were most used in SCC cases commenced in 2017.
In 73% of cases commenced in 2017, Stockholm was selected as the seat of arbitration. Gothenburg and Malmö are the second most frequently-chosen seats.
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.
Three emergency arbitrator proceedings were commenced at the SCC between in 2017. In all cases, the emergency arbitrator was appointed within 24 hours.
In 2017, the SCC received three requests for the appointment of an emergency arbitrator. Interim relief was granted by two of the appointed emergency arbitrators, and denied by the third.
In 63% of cases commenced in 2017 under the SCC Arbitration Rules, three arbitrators were appointed. In the rest of the cases, one arbitrator was appointed.
Arbitrators from Europe were appointed the most often in SCC cases commenced in 2017. However, arbitrators from Australia and Asia were also appointed.
Of the total appointments of arbitrators in 2017, 18% were women. When the SCC made the appointment, women made up more than 35% of the appointments.
Among the six challenges of arbitrator launched in 2017, over 80% was rejected. Meanwhile, the only request for release was sustained.