Mandate

Vinge advises Collector Bank in connection with an MTN program

February 09, 2017

Collector Bank AB (publ), a subsidiary of Collector AB (publ) whose shares are listed on Nasdaq Stockholm has prepared an MTN program with a frame of SEK 5 billion for lending on the Nordic capital market. Collector intends to issue an SEK denominated non-subordinated and non-secured bond with a maturity period of three years, subject to a reservation for customary market terms and conditions and final confirmation from Collector Bank. Vinge has advised Collector in conjunction with the terms and conditions governing the MTN program as well as the base prospectus which was approved by the Swedish Financial Supervisory Authority on 8 February 2017.

Vinge’s team consisted of Anders Strid, Yohanna Öhrnegård and Lina André.

 

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