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Mandate VINGE ACTED AS SWEDISH COUNSEL IN CONNECTION WITH SANITEC’S REFINANCING

June 28, 2013

Vinge acted as Swedish counsel for the lenders UBS Limited, Deutsche Bank AG, Danske Bank A/S and DNB Bank ASA in connection with the bathroom manufacturer Sanitec’s refinancing through the issue of corporate bonds to a value of EUR 250 million with a maturity date in 2018 and a new revolving credit facility amounting to EUR 50 million. Sanitec will use the funds to repay old loans and provide dividends to the company’s shareholders.

Vinge’s team consisted of responsible partner Fredrik Wilkens and associates Emma Stuart-Beck, Malin Sund, Helena Håkansson and Sabina Börjesson and associate Martin Folke in relation to real estate issues.

Clarification of the interpretation of ”nearest suitable railway station”

 Road transport performed by Samskip Sia in Sweden has been confirmed to be within the framework of a permitted combined transport through a decision of the Administrative court of Falun in Sweden. The central question in the case was how to interpret the term “nearest suitable railway station”
June 30, 2020

DAC 6 – EU Directive concerning reportable cross‑border tax arrangements

 DAC 6 is a EU Directive which entails that advisers are subject to a duty to notify the relevant tax authorities concerning their client’s cross‑border arrangements. The purpose of the information disclosure obligation is to combat tax evasion, tax fraud and tax avoidance.
June 04, 2020

The importance of continuous focus on compliance procedures in disrupting times

 A large number of corporations will most certainly be severely impacted by the effects of the Covid-19 pandemic. The new challenges will impact companies’ compliance risks, which are likely to be different and, to a certain extent, increased. It is crucial that - also in disrupting times - internal compliance procedures are maintained and that new risks are identified and mitigated.
May 28, 2020