Mandate Vinge advises Borgo in connection with the formation of a new mortgage company

September 20, 2019

Five finance companies have formed a new residential mortgage platform. Ålandsbanken, Ica Banken, Ikano Bank, Söderberg & Partners and Borgo have entered into an agreement regarding the establishment of a jointly owned mortgage company on the Swedish market.

In connection with the creation of the new residential mortgage platform, the majority of the shares in Borgo were acquired by Ålandsbanken, Ica Banken, Ikano Bank and Söderberg & Partners. Borgo’s management will assume the operational responsibility for the co‑ordination and establishment of the new mortgage company.

Vinge’s team primarily consisted of Johan Larsson, Mattias Schömer, Emma‑Stuart Beck and Malin Haag.

Sanctions round-up

Not long time ago sanctions were a rare occurrence which only involved obscure products and countries, and which were decided by the members of the United Nations Security Council. Today, the European Union and, in particular, the United States, impose sanctions and other trade restrictions with high frequency which have the potential to affect any type of transaction. Below you will find a summary of some recent developments.
December 22, 2020

EU Commission criticizes Sweden for its application of the rules on combined transports

Through a formal notice to Sweden, the European Commission has criticized the inadequate application of Directive 92/106/ECC on common rules for certain forms of combined transport of goods between Member States (the “Combined Transports Directive”). The notice mainly concerns the Swedish Transport Agency's application of the term "nearest suitable railway station"
December 11, 2020