SCC: “𝗔𝗹𝗹 𝘀𝗼𝗿𝘁 𝗼𝗳 𝗡𝗼𝗿𝗱𝗶𝗰 𝗰𝗼𝗺𝗽𝗮𝗻𝗶𝗲𝘀, 𝗶𝗳 𝘁𝗵𝗲𝘆 𝗰𝗮𝗻𝗻𝗼𝘁 𝗰𝗵𝗼𝗼𝘀𝗲 𝘁𝗵𝗲𝗶𝗿 𝗼𝘄𝗻 𝗱𝗼𝗺𝗲𝘀𝘁𝗶𝗰 𝗶𝗻𝘀𝘁𝗶𝘁𝘂𝘁𝗲 𝗼𝗿 𝘁𝗵𝗲𝗶𝗿 𝗼𝘄𝗻 𝗹𝗮𝘄𝘀, 𝘁𝗵𝗲𝘆 𝗽𝗿𝗲𝗳𝗲𝗿 𝗦𝘄𝗲𝗱𝗶𝘀𝗵 𝗹𝗮𝘄 𝗮𝗻𝗱 𝘁...

“𝗔𝗹𝗹 𝘀𝗼𝗿𝘁 𝗼𝗳 𝗡𝗼𝗿𝗱𝗶𝗰 𝗰𝗼𝗺𝗽𝗮𝗻𝗶𝗲𝘀, 𝗶𝗳 𝘁𝗵𝗲𝘆 𝗰𝗮𝗻𝗻𝗼𝘁 𝗰𝗵𝗼𝗼𝘀𝗲 𝘁𝗵𝗲𝗶𝗿 𝗼𝘄𝗻 𝗱𝗼𝗺𝗲𝘀𝘁𝗶𝗰 𝗶𝗻𝘀𝘁𝗶𝘁𝘂𝘁𝗲 𝗼𝗿 𝘁𝗵𝗲𝗶𝗿 𝗼𝘄𝗻 𝗹𝗮𝘄𝘀, 𝘁𝗵𝗲𝘆 𝗽𝗿𝗲𝗳𝗲𝗿 𝗦𝘄𝗲𝗱𝗶𝘀𝗵 𝗹𝗮𝘄 𝗮𝗻𝗱 𝘁𝗵𝗲 𝗦𝗖𝗖.”   Laila Sivonen, Partner at Roschier in Finland, explains that there is a clear regional preference for institutional arbitration over ad hoc arbitration, and that the SCC is preferred for many complex contracts or when the Nordic company cannot choose its own domestic law or institute.    🎥 Watch the full recording from the event on SCC’s YouTube channel: https://lnkd.in/dTyGCQki