Mandate

Vinge advises Industrifonden in connection with its investment in solar cells company, Sol Voltaics

July 04, 2011

Vinge has advised Stiftelsen Industrifonden in connection with its SEK 18.5 million investment in the solar cells company, Sol Voltaics. Sol Voltaics has developed a completely new type of material which can significant reduce the cost of producing electricity from solar cells. The total amount of the issue is SEK 40 million and the capital will be used for the future development of the company’s products. Sol Voltaics has developed a new material and a new production method for the manufacture of solar cells. In brief, it is based upon the rapid production of nano threads of gallium arsenide (GaAs), where each thread is a solar cell. This material has been widely recoginsed for some time as the best way of manufacturing solar cells although up to now it has been too expensive to use. Sol Volatics has now developed a method which can radically reduce the costs associated with the aforementioned method.

Vinge’s team consisted of Johan Larsson (project manager) and Claes Henriksson. Johan Winnerblad was the responsible partner.

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