Rikard Wikström-Hermansen is a Stockholm-based Partner focusing on Swedish and international commercial arbitration as well as Swedish court proceedings. He was appointed Lawyer of the Year for Sweden by Benchmark Litigation both 2019 and 2020. He has represented Swedish, foreign and multinational corporations before courts and arbitral tribunals under various arbitration rules such as the SCC, the ICC, the SIAC, the FAI and the UNCITRAL rules. The disputes have involved many different business sectors, such as Construction and Infrastructure, Energy, the automotive industry and M&A disputes.
Rikard also regularly sits as arbitrator and has chaired several international commercial arbitrations – governed by English, Swedish, Finnish and Russian law – involving Danish, Egyptian, Estonian, German, Norwegian, Russian, Spanish, Finnish, Swedish and Swiss parties.
Rikard is recognized as one of the leading experts in dispute resolution/arbitration in Sweden by international legal directories such as Chambers Europe, Chambers Global, Who’s Who Legal. In addition, Rikard is the exclusive winner of the Benchmark Litigation Europe Award 2019 and 2020: the Lawyer of the Year for Sweden.
Clients enthuse that Rikard is “very good in international arbitration with full knowledge of procedural matters and a good eye for detail“ (Chambers Europe, 2020). They also highlight that he is “a very experienced lawyer with a good sense for strategy” (Chambers Europe, 2017) and “extremely reliable and creative” (Chambers Europe, 2018). One client comments: “He is tremendous under pressure, the papers we submitted were top notch and he was impressive in oral argument” (Who’s Who Legal: Future Leaders – Arbitration 2017). Rikard receives further praise from clients for his “entrepreneurial spirit” and ability to “get to grips with very complicated matters” (Chambers Europe, 2019).
Rikard Wikström-Hermansen’s experience includes advising:
- Turkish contractor in USD 12 billion project regarding construction of gas processing plant in Russia;
- European gas buyer in gas price reviews under multi-billion USD long term supply contracts;
- North American aerospace goods seller in ICC proceedings against Russian buyer;
- International construction company in UNCITRAL proceedings against claims for defects in European infrastructure project with claims over EUR 150 million;
- A Russian metal company against a Kazakh company in an SCC arbitration and emergency arbitration regarding supply failure, termination of long-term sales of goods contract and total damages claims of more than USD 500 million;
- A German high tech construction company against a Russian client in parallel ICC and SCC proceedings with claims exceeding EUR 100 million;
- An international IT-company against a Sri Lankan JV-partner in SIAC proceedings in Singapore with damages claims exceeding USD 550 million.
White & Case /Stockholm, Partner (2012-2017), Associate (2006-2012)
Gärde Wesslau Advokatbyrå, Associate (2004-2006)
Law clerk, trained at the Bench (2002-2004)
Member of the International Bar Association
Member of the ICC Commission on Arbitration and ADR
Member of the International Council for Commercial Arbitration (ICCA)
Member of Stockholm Center for Commercial Law (SCCL) research panel on Arbitration and Other Dispute Resolution (2018-)
Member of the Swedish Bar Association
Member of the Swedish Arbitration Association (SAA)
Member of Young Arbitrators Sweden (YAS), Chair (2010-2014)
”The Impact of Alleged or Demonstrated Corruption on the Arbitral Process”, Arbitration and Corruption, Kluwer Law International, 2021
“Tvistlösning är till stor nytta vid kriser” (“Dispute resolution is of great use when crises arise”), article in Svenska Dagbladet Brännpunkt, 3 April 2015
“The IBA Guidelines on Conflicts of Interest in International Arbitration: do they set the standard or is there now a need for revision?”, Construction Law International, Volume 8, Issue 2, June 2013
“The IBA Guidelines on Conflicts of Interest in International Arbitration: do they set the standard or is there now a need for revision?”, IBA Arbitration News, Volume 17, No. 2, September 2012
“The Impact of Document Production on the Efficiency of Arbitration”, with C. Zettermarck, essay in “Between East and West: Essays in honor of Ulf Francke”, JurisNet LLC, New York, USA, 2010
“Technology and Innovations in International Arbitration”, Dutch Arbitration Day, Amsterdam, 17
October 2018 (Speaker)
“Innovative procedures in the 2017 SCC Arbitration Rules: Cost and time-saving mechanisms”,
Consulate of Sweden, St Petersburg, 12 September 2017 (Speaker and panelist)
“The new SCC Rules and the Quiet Triumph Premier”, Embassy of Sweden, Moscow,
17 February 2017 (Speaker and panelist)
ISDS seminar, The European Parliament, Brussels, 5 May 2015 (Speaker)
Stockholm University, LL.M. (2001)
Augsburg College, Minneapolis, USA, B.A. (1996)
English, Swedish, French
Very good in international arbitration with full knowledge of procedural matters and a good eye for detail.Chambers Europe