We are pleased to announce that Calissendorff Swarting partner Odd Swarting together with special counsel Alexander Besher and associate Johanna Forsberg, have represented the winning party in a case regarding a challenge of an arbitration award. The matter was adjudicated by the Swedish Supreme Court in a judgement rendered 20 March 2019.
The case concerned a challenge of an arbitration award regarding a mining project in Turkmenistan. The party challenging the arbitration award argued that it should be set aside in its entirety, alleging that several errors had been committed by the arbitral tribunal.
The Court of Appeal partially set aside the arbitration award. The party represented by the firm appealed to the Supreme Court. The Supreme Court changed the judgement by the Court of Appeal and rejected the challenge in full. The precedent set by the Supreme Court is an important matter for the Swedish and international arbitration community.
The award (in Swedish) is linked below.