Mandate

Vinge advises Irisity in connection with new issues

November 07, 2017

Vinge is advising Irisity AB (publ), listed on Nasdaq First North, in connection with a rights issue and a directed new issue of shares.

The rights issue is underwritten to 100% through subscription undertakings and underwriting guarantees. The directed issue occurs via Vätterledens Invest and Hans Andersson & Co AB, both long term strategic investors. An extraordinary general meeting will adopt a resolution concerning the issues on 24 November and a prospectus is expected to be published on 5 December with the subscription period commencing on 7 December. Irisity conducts operations within intelligent camera surveillance and develops camera solutions with the help of proactive working and self learning algorithms.

Vinge’s team consists of Anders Strid, Frida Bäckegren, Joel Zetterström (IP) 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