Last Updated July 10, 2018

Law and Practice

Authors



Norburg & Scherp Advokatbyrå is a specialist firm for arbitration and litigation based in Stockholm, Sweden. It was founded in 2013 by experienced dispute specialists Fredrik Norburg and Pontus Scherp. Norburg & Scherp acts as counsel in Swedish and international arbitration under institutional rules, including the SCC, ICC and the Finland Chamber of Commerce Arbitration Rules, and ad hoc under the UNCITRAL Rules and the Swedish Arbitration Act. Norburg & Scherp also represents clients in commercial litigation before Swedish courts of all types and instances. The firm’s lawyers are regularly appointed as arbitrators in Swedish and international arbitration.

The courts and the arbitral tribunals normally require that the requesting party provides reasonable security, eg a bank guarantee or a pledge over a bank account, for any loss that may be suffered by the other party as a result of the interim measure. As regards security for a party’s litigation costs, at the request of a respondent, a court can only order claimants from certain jurisdictions outside the European Union to provide such security. It is less clear whether an arbitral tribunal has such authority to order security for a party’s costs in the arbitration. It may be noted that the SCC revision committee has proposed to introduce a provision to this effect in the new SCC Rules.

Norburg & Scherp Advokatbyrå

Birger Jarlsgatan 15
Stockholm
Stockholms Län
Sweden
SE 11145

+46 (0)8 658 20 80

[email protected] www.norburgscherp.se/
Author Business Card

Authors



Norburg & Scherp Advokatbyrå is a specialist firm for arbitration and litigation based in Stockholm, Sweden. It was founded in 2013 by experienced dispute specialists Fredrik Norburg and Pontus Scherp. Norburg & Scherp acts as counsel in Swedish and international arbitration under institutional rules, including the SCC, ICC and the Finland Chamber of Commerce Arbitration Rules, and ad hoc under the UNCITRAL Rules and the Swedish Arbitration Act. Norburg & Scherp also represents clients in commercial litigation before Swedish courts of all types and instances. The firm’s lawyers are regularly appointed as arbitrators in Swedish and international arbitration.

{{searchBoxHeader}}

Select Topic(s)

loading ...
{{topic.title}}

Please select at least one chapter and one topic to use the compare functionality.