Mandate

System OK AB sold to Sonic Solutions Inc.

February 19, 2007

System OK AB is start-up company which has quickly grown from being a part of the business incubator Chalmers Innovation, to a successful company in the IT industry. The company develops the software BackOnTrack, that is used to quickly restore crashed personal computers. The company was sold to Sonic Solutions Inc., listed on NASDAQ, for approximately SEK 75 million.

Vinge acted as advisors to the owners of System OK AB, inter alia, Stiftelsen Chalmers Innovation, Innovationsbron Väst Startup AB, the founders Alexander Hars and Lars Karlsson, as well as a number of other private owners. Advisors involved from Vinge were Fredrik Persson, Johanna Björnum, Therése Bruze (tax), and Ulf Käll (tax).

Vinge authors the Swedish contribution regarding tax disputes for The Legal 500

International companies run the risk of the erroneous management of tax issues when conducting operations in several jurisdictions. In such event, disputes can arise with the relevant tax authorities. The Legal 500 has now introduced a dedicated chapter on tax disputes in its comparative guide for the first time and Ulrika Bengtsson, advokat and counsel, has been selected to provide a clear picture of the Swedish tax litigation system.
November 09, 2022

The wide reach of the prohibition against circumventing EU sanctions

Against the background of Russia’s invasion of Ukraine, the EU has imposed a number of sanctions, which include a prohibition for companies within the EU to take certain measures in relation to Russia, as well as designated Russian people and entities on the sanction lists. Furthermore, a prohibition to circumvent the sanctions has been introduced in order to ensure that the sanctions are effective also in practice. When it comes to this circumvention prohibition, it is important to be aware of its wide interpretation, as established by the Court of Justice of the European Union and the European Commission.
October 31, 2022

Sanctions update 14 October

Further to our previous sanctions updates of 25 February, 3 March, 11 March, 16 March , 14 April and June 8 and 22 July, we herewith provide a further update of recent sanctions developments following Russia’s war against Ukraine:
October 14, 2022