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Freezing Those Costs: A Swedish-Romanian Dialogue on Controlling Arbitration Costs

BUCHAREST • ROMANIA • JANUARY 19, 2012

Arbitration is the only practical method for resolving cross-border disputes arising from business contracts. It is also the preferred method for solving business disputes in general. As business transactions are becoming increasingly complex, dispute resolution is often perceived as too lengthy and too costly. As part of the general initiative for making arbitration more cost-efficient, this discussion reviews avenues to freeze the rising costs of arbitration.

The dialogue will examine various cost-cutting mechanisms available to the parties by drawing on the needs and experiences of Romanian practitioners using the SCC Arbitration Rules and Stockholm as good examples on how to achieve a streamlined and tailor-made resolution of international disputes.

The Swedish Arbitration Act and the SCC Arbitration Rules have recently been translated to Romanian for the benefit of enterprises and lawyers in Romania and will be presented to the audience.

The conference is ideal for corporate legal counsels, arbitration practitioners and business people who want to learn more about the efficient resolution of domestic and international business disputes. The program will be conducted in English.

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PROGRAM

15:30 – 15:45 Registration

15:45 –16:00 Welcome remarks by Cornel Marian, Associate, Stockholm Arbitration & Litigation Center (SALC), Stockholm

16:00 – 18:00 Panel discussion

18:00 – 20:00 Reception

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SPEAKERS

Linn BergmanDeputy Secretary General, Arbitration Institute of the Stockholm Chamber of Commerce (SCC), Stockholm Tiberiu Csaki Head of the Litigation & Arbitration Practice, SALANS, Bucharest Sorina Cretu Partner, Nestor Nestor Diculescu Kingston Petersen, Bucharest
Dan Engström Managing Partner, Stockholm Arbitration & Litigation Center (SALC), Stockholm Crenguta Leaua Managing Partner, Leaua si AsociatiiVice President, the Court of International Commercial Arbitration of the Chamber of Commerce and Industry of Romania, Bucharest Sorin SuciuCountry Manager, Swedish Trade Council in Romania, Bucharest

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REGISTRATION

Please register at Cornel.Marian@salc.se by 12 January 2012. Early registration is encouraged as seating is limited.

VENUE

The dialogue will be held on 19 January 2012 at Athenée Hilton Palace (Regina Maria – II), 1-3 Episcopiei St., District 1, Bucharest

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