PRACTICE NOTES
Sweden: Recognition and Enforcement of Foreign Arbitral Awards—Exequatur, Refusal Grounds, Stays, Enforcement Measures, Invalidity/Set-Aside, and Intra-EU Investment Arbitration Developments
Swedish law differentiates between ‘Swedish arbitral awards’ and ‘foreign arbitral awards’.
Domestic awards are enforceable in the same manner as judgments of Swedish courts, and, notably, they proceed without any exequatur requirement.
In contrast, to execute a foreign arbitral award in Sweden, one must first secure exequatur from the Court of Appeal and then apply to the Swedish Enforcement Authority for execution of the award. In practice, the procedure is straightforward and will usually take a few weeks, unless the counterparty raises objections, in which event the process may become considerably lengthier.
This practice note deals solely with the enforcement of foreign arbitral awards and does not consider domestic awards within this context and scope. Before examining the rules governing enforcement of foreign arbitral awards in Sweden, a brief outline concerning invalidity and the setting aside of an arbitral award will be provided for clarity. The Swedish Arbitration Act (the SAA) sets out provisions on invalidity of awards and on setting aside awards. Section 33 of the SAA identifies the grounds on which an award is invalid, namely:
the award determines a matter which, under Swedish law, is not arbitrable,
if the award, or the manner in which the award...
Arbitration