FAI Newsletter – June 2017

A new FAI Newsletter has been published! You may find it here.

Posted in News |

New article on the determination and allocation of costs in international commercial arbitration

Chair of the FAI Board, Mr Mika Savola, has recently published an extensive article entitled “Awarding Costs in International Commercial Arbitration” in Scandinavian Studies in Law, Volume 63 (p. 276-318). It is reprinted here with the kind permission of said publication.

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YACF Blog: YACF Seminar on the import and export of knowledge – What is the value of Finnish education in the international arbitration market?

One of the events organized by the YACF this year was a morning seminar on the import and export of knowledge, where the question of the value of Finnish education in the international arbitration market were considered. The event took place on the morning of 18 May 2017 just a few hours before the Helsinki International Arbitration Day (HIAD) conference – the yearly celebration of arbitration in Finland. (more…)

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FAI’s Amended Fee Tables in Force

The Arbitration Rules and the Rules for Expedited Arbitration of the Finland Chamber of Commerce entered into force on 1 June 2013. Appendix II to the Rules contains Tables A and B regarding the determination of the FAI Administrative Fee and the arbitrators’ fees.

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Galina Zukova to become new FAI Board member

The Finland Chamber of Commerce has appointed Galina Zukova (Bélot Malan & Associés, Paris) (CV) as new FAI Board member, starting from 1 June 2017. Following Christopher R. Seppälä’s (White & Case, Paris) expressed wish to step down from the Board at the end of May 2017, the Finland Chamber of Commerce has decided to appoint a foreign member to complete the composition of the Board.

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Photos, Videos and Conference Materials of Helsinki International Arbitration Day 2017

Helsinki International Arbitration Day 2017 (HIAD 2017) on the topic “Taking a Close Look at Today’s Arbitral Process and Who Pays for It” was held on 18 May 2017. The conference attracted about 250 legal practitioners specialised and interested in arbitration and dispute resolution from approximately 20 countries. The conference was followed by a dinner with speech by Mr Eric Schwartz, arbitrator member and door tenant of Fountain Court Chambers in London. (more…)

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Key Actors in Finnish Arbitration Awarded Medals of Merit in Connection with the Helsinki International Arbitration Day 2017

The Chair of the Board of the Arbitration Institute of the Finland Chamber of Commerce (FAI), Mr Mika Savola, has been awarded The Chamber of Commerce Cross. The Finland Chamber of Commerce has awarded Savola The Chamber of Commerce Cross on behalf of the Finnish business and industry for his meritorious work for the FAI and contribution to the Finnish business and industry.

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6th DIS Baltic Arbitration Days

The FAI is a Media Partner in the 6th DIS Baltic Arbitration Days. Please find more information below and the programme here. To register for the conference please fill out the following form: https://goo.gl/forms/IdoHRdzqQALGtTWm1

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Report from the Morning Seminar on Arbitration Jointly Organised by the FAI and the SCC

The Arbitration Institute of the Finland Chamber of Commerce (FAI) and the Arbitration Institute of the Stockholm Chamber of Commerce (SCC) organised a joint Morning Seminar on Arbitration in Helsinki on 8 March 2017. The seminar addressed some topical issues at the both arbitration institutes. As to the SCC, the focus was in the SCC Rules Revision. As for the FAI, the seminar provided some insight into the FAI’s recent practice relating, inter alia, to consolidation of proceedings, confirmation of arbitrators, and determination of the costs of the arbitration. Also, the revision of local arbitration laws in Finland and Sweden was briefly touched upon during the seminar. (more…)

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Young Arbitration Club Finland – 5 years old as a development milestone

From the early days of Young Arbitration Club Finland (“YACF”) the following description has been stated at YACF’s webpage:

Young Arbitration Club Finland (YACF) is an association for young lawyers and other professionals interested in arbitration and alternative dispute resolution. Founded in 2012, YACF seeks to promote arbitration in Finland and to increase awareness of Finnish arbitration abroad by providing lawyers aged 40 and below an easy-going forum for exchanging views and networking.” (more…)

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