SCC: The SCC Arbitration Institute in Stockholm has introduced an important new policy on deciding the seat of arbitration for intra-EU...

The SCC Arbitration Institute in Stockholm has introduced an important new policy on deciding the seat of arbitration for intra-EU investment treaty disputes. This change responds to recent rulings by the Court of Justice of the European Union, which have raised issues around the enforceability of arbitral awards in intra-EU investment cases. The policy clarifies SCC's approach: in cases where the parties have not agreed on a seat, SCC will generally choose a location outside the EU. This aligns with SCC’s commitment to ensuring that awards issued under its rules are legally enforceable. Why is this relevant? For businesses and investors, the policy provides clearer guidance and greater confidence that intra-EU investment disputes will be managed to maximise enforceability. By adapting to evolving EU regulations, the SCC reinforces its role as a trusted, neutral forum for international dispute resolution, strengthening confidence for investors across Europe and beyond.   Read more about this important development on the SCC’s website: https://lnkd.in/dKfhKKJg