Start-ups and Arbitration – HIAD on 3 December 2021

 

The topic of HIAD 2021 on 3 December is Start-ups and Arbitration. Since HIAD will be held following the world’s leading start-up event Slush, Helsinki will be the world’s start-up capital during that week.

Dispute resolution services are meant to solve problems of end customers. Therefore, we need to listen to users, and understand their reality, and their needs. Start-ups are not a homogeneous group and do not always share the same needs in terms of dispute resolution. However, there are common features that typically separate start-ups from other types of companies. These features might relate, for example, to the future-oriented mode of operation, fast development, and corporate structure.

In addition to addressing start-ups’ dispute resolution needs, HIAD will include the following topics: arbitration in shareholders’ agreement disputes, what lawyers could learn from the start-up community and how the start-up way affects corporate customers’ expectations of dispute resolution services, and start-ups and innovation in arbitration. The event culminates with the FAI’s 110th anniversary dinner.

See the program and register here.

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Focus on End Customers – Value Proposition and Purpose of Arbitration  

 

Focus on the end customers is a rising topic in arbitration at the moment. Ms. Claudia Salomon, the President-elect of the ICC Court, emphasised the importance of client mindset in the 6th Annual AtlAS Lecture. According to Ms. Salomon, the international arbitration community has not effectively responded to needs of the parties, who are not usually the loudest participants in the discussion on arbitration. Similar topics were also discussed by Secretary General Santtu Turunen in two blog posts published in Kluwer Arbitration Blog. (more…)

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Six Questions to Olli Sailas

Six Questions to Olli Sailas, CEO at Wiidare, FAI Board Member

What is the most enjoyable part of your work?

Helping our clients to succeed in business and working together with absolutely fantastic colleagues.

What is most challenging in your work?

Definitely finding the time to do all the interesting things that I would like to do and get done. Saying no and putting things on hold is never easy. (more…)

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Miisa Happonen joins the FAI team as a Case Manager

 

Miisa Happonen has joined the FAI team as a Case Manager in the FAI Specialisation Programme for Arbitration Lawyers.

As part of the FAI Specialisation Programme, Happonen will, in addition to case management work, further develop her expertise in arbitration with the institution experience. She will participate in the Finnish Arbitration Academy which will be organised starting in September 2021, as well as other national and international FAI events such as the HIAD2021.

Prior to joining the FAI, Miisa Happonen has been working as an associate at Roschier for three years. During her studies, Ms Happonen has participated in the Willem C. Vis International Commercial Arbitration Moot as a member of the University of Helsinki team. After her graduation, Ms Happonen has coached the team for two consecutive years. Ms Happonen speaks Finnish, professional English and Swedish. (more…)

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Aleksi Komulainen started as a legal trainee at the FAI

Aleksi Komulainen started as a part-time legal trainee at the FAI. Komulainen is a fourth-year law student at the University of Turku. In addition to his other studies, he is currently participating in the Vis Moot, one of the biggest and most prestigious moot court competitions in the world.

At the FAI, Komulainen will first participate in developing the FAI data system. In addition to that, he will assist in case management, communications, organisation of events and various research tasks at the institute. (more…)

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Record number of 101 new cases filed with the Finland Arbitration Institute (FAI) in 2020

In the year 2020, the FAI received a record number of 101 new requests for arbitration. This translates into a growth of 50 percent in comparison to 2019 (67 RfAs) and 25 percent in comparison to the previous record year 2013 (80 RfAs).

 

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Six Questions to Tero Artimo

 

Six Questions to Tero Artimo, Partner at Artimo & Co, FAI Board Member

What is the most enjoyable part of your work?

Independence and autonomy: Having both control and freedom within the job. My clients set the goals but I get to select the strategy and means. Variability and diversity: every assignment is different and presents a new challenge, which enables one to learn and evolve professionally.

What is most challenging in your work?

It seems I still give too much time and resources to work at the expense of my family and personal well-being. Adjusting the workload to a balanced level is anything but easy. (more…)

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The 6th edition of Finnish Arbitration Academy was completed by 35 participants

 

The Finnish Arbitration Academy is a programme organised by the FAI to ensure that the pool of qualified arbitration practitioners will continue to grow in Finland. More than 180 lawyers have already completed the Academy.

 

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COVID-19 Pandemic and FAI Arbitrations

 

The COVID-19 pandemic has an impact on the daily life of all businesses and citizens in some way. Further, the pandemic also affects arbitral proceedings, as traditional practices and agreed timetables may prove difficult to adhere to.

In these exceptional circumstances, it is increasingly important that arbitration offers an expeditious, flexible and reliable way of resolving disputes and providing access to justice. Speed and efficiency are important in already ongoing proceedings, but also in new disputes that may arise as a result of contractual disruptions in a difficult economic and business environment.

The FAI continues to be fully operational

The FAI continues to manage its ongoing proceedings and ensures the management of new proceedings without undue delay. Already prior to the pandemic, the FAI administered its disputes mainly electronically.

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Erkko Meri appointed as a Case Manager at the FAI

 

Erkko Meri has joined the FAI team as a Case Manager as of 15 April 2020.

Prior to joining the FAI, Meri was working as a Lawyer at the Entrepreneurship and Business Environment Team of the Finland Chamber of Commerce. He has experience as an in-house lawyer at Signom Ltd and also as a legal trainee at law firm Hästö & Co. Mr Meri speaks professional English and Swedish, in addition native Finnish.

”I’m looking forward to deepening my understanding of dispute resolution at the FAI. Effective dispute resolution is, in the end, what makes rights and contracts relevant. I’m sure I will enjoy the inspiring and energetic spirit at the Institute and I hope that I will be able to contribute to its growth”, Meri says.

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