Mandate

Vinge advises Balticgruppen AB in connection with real estate transaction with Västerbottens-Kurirens AB

September 21, 2009

Vinge is advising Balticgruppen AB in connection with the formation of real estate company in Umeå which will be jointly owned with Västerbottens-Kurirens AB. The new company, Fastighetsbolaget Kuriren AB, will be a 50/50 joint venture between Balticgruppen AB and Västerbottens-Kurirens AB. Both Balticgruppen AB and Västerbottens-Kurirens AB will be selling properties to the jointly-owned company which will include Umedlasparken, Vita Husen, VK-Huset, Uminova Husen, Patienthotellet Björken and Vårdvetarhuset, all of which are situated in Umeå. In total, the new company will own properties with a total area of 130,000 sq.m. Completion will take place in January 2010. The properties will be managed by Balticgruppen Fastighet AB on behalf of Fastighetsbolaget Kuriren AB.

Vinge’s team advising Balticgruppen AB consists of partners Jan Widlund and Patrick Forslund together with, among others, associate Jenny Dangré. Tax advice is being provided by partner Lennart Larsson and associate Johan Norström.

New statute prohibits unfair terms and conditions and practices in conjunction with the purchase of agricultural and food products

The so-called UTP Act prohibits buyers from using certain terms and conditions and practices against suppliers of agricultural and food products. The Swedish Competition Authority exercises supervision and can, among other things, carry out unannounced inspections and order individual to attend formal interviews. In conjunction with violations, sanctions such as injunctions subject to a default fine or a sanction fee of up to one per cent of the buyer’s annual turnover can be imposed. The UTP Act will enter into force on 1 November 2021 and will also be applicable to contracts which are entered into prior to this date.
October 05, 2021

Vinge employs additional antitrust economists to further strengthen its practice

We welcome Adam Löfquist and Carl Widstrand to our EU, Competition & Regulatory practice group.
September 30, 2021

European Commission provides sanctions compliance guidance

The European Commission has recently issued three opinions regarding the interpretation of asset freeze provisions in certain sanctions legislation pertaining to Central African Republic, Ukraine, Libya and Syria. The opinions are also of relevance for other sanctions regimes which provide for the same or similar restrictions. Therefore, their practical relevance goes far beyond the sanctions regimes in the context of which they were issued and they therefore provide for helpful guidance regarding the required thresholds for sanctions compliance generally.
September 20, 2021