Mandate

Vinge advises Fouriertransform

September 30, 2010

Vinge has advised Fouriertransform AB in connection with its investment in MaxTruck AB pursuant to a directed new share issue. MaxTruck has developed a new model of an electric forklift truck which can rotate in all four directions from a stationary position and also rotate around its own axis.

Fouriertransform is participating in the new share issue together with others parties including the company’s founder and CEO, Conny Lindström. Following the new share issue, Fouriertransform will the second largest individual shareholder.

The electric forklift truck has been in development since 2001 and the prototype was unveiled in October 2009. The truck’s unique manoeuverability entails that it needs considerably less space than conventional forklifts which thus reduces the truck’s travel distance and allows it to make more efficient use of warehouse space.

Fouriertransform is a state-owned venture capital company which invests on an arm’s length basis in innovate companies and other enterprises which can contribute to increasing the competitiveness of the Swedish automotive industry.

Vinge’s team consisted of partner Bo Adrianzon and associate Johan Steen who represented Fouriertransform in the negotiations. Other team members included associates Adam Weissbach (IT law) and Sarah Khalil who participated in the due diligence process.

REPowerEU – The European Parliament and the Council have assumed their standpoints

In May 2022, the Commission presented its proposal regarding REPowerEU. The purpose of the plan, which is based on the "Fit for 55" parcel , is to change Europe’s energy system by eliminating the EU’s dependency on Russian fossil fuels as well as to tackle the climate crisis. The European Parliament and the Council have now adopted their positions in order to incorporate the plan into the national recovery and resilience plans.
November 29, 2022

Vinge authors the Swedish contribution regarding tax disputes for The Legal 500

International companies run the risk of the erroneous management of tax issues when conducting operations in several jurisdictions. In such event, disputes can arise with the relevant tax authorities. The Legal 500 has now introduced a dedicated chapter on tax disputes in its comparative guide for the first time and Ulrika Bengtsson, advokat and counsel, has been selected to provide a clear picture of the Swedish tax litigation system.
November 09, 2022

The wide reach of the prohibition against circumventing EU sanctions

Against the background of Russia’s invasion of Ukraine, the EU has imposed a number of sanctions, which include a prohibition for companies within the EU to take certain measures in relation to Russia, as well as designated Russian people and entities on the sanction lists. Furthermore, a prohibition to circumvent the sanctions has been introduced in order to ensure that the sanctions are effective also in practice. When it comes to this circumvention prohibition, it is important to be aware of its wide interpretation, as established by the Court of Justice of the European Union and the European Commission.
October 31, 2022