Mandate Vinge advises Hexatronic in connection with acquisiiton of Ericssons fiber cable operations in New Zealand

May 24, 2016

Vinge has advised Hexatronic Group AB, listed on Nasdaq Stockholm, in connection with the acquisition of Ericsson’s fiber cable and duct operations in New Zealand.

The acquisition is structured as an asset transfer, including an offer of employment to all employees and assignment of lease agreements, machinery, equipment and stock-in-trade.

Vinge’s team consisted of partner Anders Strid and associate Frida Bäckegren and local counsel, Quigg & Partners.

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.
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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"
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