Mandate

STAR Capital Partners announces sale of its investment in recycling business

February 19, 2007

STAR Capital Partners announces the sale of BUS Group, a leading European recycling company to Befesa Medio Ambiente SA for an enterprise value of €330 million. BUS Group is the leading European recycler of metal containing dust produced by the European EAF Steel Industry. The Company operates from five recycling plants in Germany, France and Sweden.

Vinge acted as Swedish Counsel to the seller STAR Capital Partners. Representatives from Vinge included Björn Gustavsson, Jens Haneklint, Sara Mindus, Anna Edström and Mattias Larsson.

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

The EU Commission proposes a new tool to counter the use of economic coercion by third countries

The European Commission has proposed a new regulation that will provide it with tools to counteract economic coercion from third countries with measures such as tariffs and imports restrictions.
December 13, 2021