Mandate

Vinge advises Aspiro in capital raising

June 16, 2014

Aspiro AB (publ) has published a rights issue prospectus for approximately SEK 65.8 million before transactions costs. The rights issue is fully subscribed by, among others, the principal owner, Streaming Media AS, a company within the Schibsted group. The rights issue is intended to strengthen the company’s financial position and implement the company’s strategies.

Vinge advised Aspiro in connection with the rights issue. Vinge’s team primarily consisted of Jesper Schönbeck, Oskar Bellani and Amanda Granqvist.

Aspiro is a media technology company which is playing a prominent role in redefining music consumption. The company offers WiMP, a premium music streaming service for consumers with HiFi quality audio and the first and only multimedia service with integrated editorial, magazine and video content. In addition, Aspiro is also a content supplier to the media industry through the syndicated platform, RADR, and helps its partners to attract and retain visitors on their websites. For more information, visit www.aspiro.com.

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