Mandate

VINGE ADVISES BERGVIK SKOG AB IN CONJUNCTION WITH A CO-OPERATION WITH VATTENFALL VINDKRAFT AB CONCERNING SVARTNÄS WIND FARM

November 27, 2014

Vinge has advised Bergvik Skog AB in conjunction with its execution of a co-operation agreement relating to Svartnäs wind farm with Vattenfall Vindkraft AB. The agreement entails that Vattenfall will take over the future project planning phase of the wind farm and Vattenfall has also been granted an exclusive right to acquire the project, which is based on a permit issued to Bergvik Skog AB in January 2014 to construct a total of 53 wind turbines at the Svartnäs wind farm. The investment in Svartnäs wind farm will be in the region of SEK 1-1.5 billion and the farm is estimated to become operational in 2017.

Vinge’s team consisted of responsible partner Fabian Ekeblad, partner Thomas Sjöberg and associates Johan Cederblad and Malin Buch.

Arbitration proceedings between a Member State and an investor from another Member State further curtailed – the judgment of the EU Court of Justice in PL Holdings

Following the much debated judgment by the CJEU in Achmea, arbitration clauses in bilateral investment treaties between Member States under which an investor in one of those Member States may bring proceedings against the other Member State are considered incompatible with EU law. However, the judgment in Achmea seemed to leave it open whether an arbitration agreement between a Member State and an investor from another Member State not based on such a clause would be considered acceptable by the CJEU. Yesterday’s ruling by the Court in the Swedish case PL Holdings (Case C-109/20) dealt with one aspect of this question, resulting in further limits to investment arbitration in the EU.
October 27, 2021

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