Mandate

Vinge advises BofA Merrill Lynch and Credit Suisse in connection with Swedbank’s new share issue

August 17, 2009

Vinge is acting as Swedish legal advisor to BofA Merrill Lynch and Credit Suisse in connection with Swedbank’s 15 billion rights offering. BofA Merrill Lynch and Credit Suisse have agreed to underwrite 53.4% of the shares to be issued in the rights offering, subject to customary terms and conditions, and will act as Joint Global Co-ordinators and Bookrunners for the rights offering.

Vinge’s team consists of Göran Nyström, Rikard Stenberg, Petter Alberts, Johan Thiman and Fredrik Stjernström.

 

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