Mandate

Vinge advises Irisity AB (publ)

November 10, 2018

Vinge has advised Irisity AB (publ), Nasdaq First North, in connection with a directed new issue of shares to Nordic institutional and private investors.

The subscription price of SEK 17.50 has been determined through a so called accelerated book building process. Irisity will receive approximately MSEK 25 as a result of the issue. The issue proceeds will be used, among other things, for Irisity’s development and accelerated growth by strengthening the organization through the recruitment of personnel, which can occur both through new employment and acquisition of companies with the requisite competence and thereby increasing the company’s financial flexibility and freedom of action for continued growth creation. SEB acted as financial adviser.

Vinge’s team primarily consisted of responsible partner Anders Strid, Frida Bergqvist, Wibeke Sorling and corporate assistant Camilla Andersson.

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