In the inaugural episode of The Arbitration Acumen Podcast, host J.P. Duffy sits down with Caroline Falconer, secretary general of the SCC Arbitration Institute, and Madeleine Thörn, deputy secretary general of the SCC, to discuss the SCC's unique role in international dispute resolution. They discuss various topics, including:
- the history of the SCC
- the rising global caseload
- updated arbitration rules
- new tools, such as the SCC Express Rules, aimed at making arbitration faster and more efficient
Episode Highlights
[04:40] SCC's Historic Role in International Arbitration: Caroline explains SCC's unique role as a neutral forum, including its historic agreements with the United States, Russia and China. She outlines its evolution from a Swedish chamber service to a major player in international commercial and investment arbitration.
[10:23] Record Caseload and Global Reach: Madeleine notes that the SCC handled 204 cases in 2024, with over half being international and involving parties from 40 countries. The total disputed amount surged to €13.5 billion, reflecting SCC's growing global footprint.
[17:32] Adapting Arbitration Rules for Efficiency: The trio highlight SCC's 2023 rules update, including clarifications about the tribunals' power to hold virtual hearings and expanding expedited procedures. Madeleine emphasizes the focus on modern, cost-effective case management.
[22:56] SCC Express Rules and Future Goals: Madeleine introduces the SCC Express Rules, a rapid and flexible dispute resolution tool with decisions in as little as three weeks. Caroline shares SCC's long-term goals of maintaining efficiency, leveraging AI and supporting international trade and peace through arbitration.
Connect With Us
☑️ Have questions about what you have heard on this podcast? Contact J.P. Duffy.
☑️ Connect with us on LinkedIn, X/Twitter, Facebook and Instagram.
☑️ Subscribe to Arbitration Acumen on Apple Podcasts, Spotify, or wherever you get your podcasts.
The opinions expressed in this podcast are those of the speakers and do not necessarily reflect the viewpoint of their institutions or clients.
The content of this article is intended to provide a general guide to the subject matter. Specialist advice should be sought about your specific circumstances.
