Mandate

Advises DiDi Chuxing with its investment in NEVS

October 30, 2017

Vinge has advised DiDi Chuxing in connection with its investment in the form of convertible loans in the Swedish electric car manufacturer National Electric Vehicle Sweden AB (NEVS).

The investment is part of a larger partnership agreement between DiDi Chuxing and NEVS, which includes both investment in NEVS and purchase of NEVS’ cars. DiDi Chuxing is the world’s largest provider of app-based taxi and ride-sharing services with around 400 million rides annually.

Vinge’s team consisted of partner Albert Wållgren and associates Helena Håkansson, Malte Hedlund and Elias Lundin.

The Swedish rules on cabotage transport and posting will change on 2 and 21 February 2022

The Swedish government has decided on a number of new rules concerning cabotage transports, combined transports, transport customer responsibility for driving and rest times and posting of workers.
January 21, 2022

Vinge presents the Swedish chapter for the 2022 version of The Legal 500: Private Equity Country Comparative Guide

The guide provides an overview of the Swedish Private Equity market and the salient legislation in connection with PE transactions in Sweden.
January 11, 2022

The prohibition imposed by EU law on complying with secondary sanctions laid down by the United States against Iran may be relied on in civil proceedings

On Tuesday 21 December, the EU Court of Justice delivered its long-awaited judgment in the Bank Melli Iran case (Case C-124/20) on the interpretation of the EU Blocking Statute regarding compliance with third country sanctions. According to the Court, the prohibition imposed by EU law on complying with secondary sanctions laid down by the United States against Iran may be relied on in civil proceedings. Following the Court’s judgment, anyone seeking to terminate a contract with a person or business subject to US sanctions must thoroughly consider if the termination is motivated by other reasons than the existing sanctions and reflect on whether to apply to the Commission for a derogation from the Blocking Statute.
December 23, 2021