Mandate

Vinge advises Agnico Eagle in connection with its acquisition of a majority stake in and joint venture regarding Gunnarn Mining AB

June 18, 2015

Vinge advises Agnico Eagle Mines Limited in connection with its acquisition of a 55% interest in Gunnarn Mining AB, the owner of the Barsele Gold Project, from Orex Minerals Inc. for US $10 million and the entering into of a joint venture agreement for the management and operation of Gunnarn Mining AB and the exploration and development of the Barsele project. As part of the transaction, Agnico Eagle granted a royalty interest in the project to Orex, has committed to spend US $7 million over three years and will earn an additional 15% interest in Gunnarn Mining AB if it completes a pre-feasibility study. The transaction was completed on 11 June 2015.

Vinge advises Agnico Eagle on Swedish law matters and in co-operation with Davies Ward Phillips & Vineberg LLP. Vinge’s team consists of M&A partners Malin Ohlin and Peter Sundgren, associates Kajsa Hallner (M&A), Isabell Nielsen (commercial agreements), Lova Unge (employment and benefits), Tora Hansjons (tax) and counsels Maria Schultzberg (tax) and Johan Cederblad (real estate and environment).

 

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