Mandate

Vinge advises iZettle in connection with capital procurement ahead of international expansion

June 25, 2012

Vinge has advised iZettle and its founders in connection with a capital raising of approximately EUR 25 million from a number of venture capital investors including, among others, Greylock Partners, Index Ventures and Creandum and MasterCard. iZettle’s service consists of an app with chip card that turns an iPhone, iPad or iPod Touch into a mobile payment terminal. iZettle’s services are currently available in Sweden, Norway, Denmark, Finland and Great Britain and the company will use the additional funds to expand into additional international markets.

Vinge’s team consisted of, among others, partner Henrik Wenckert and associates Kristina Ekberg and Maria Eierborg as well as project assistant Maria Ikonomou. Advokat Dan Hanqvist and associate Katarina Rykowska advised on regulatory issues.

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

The EU Commission proposes a new tool to counter the use of economic coercion by third countries

The European Commission has proposed a new regulation that will provide it with tools to counteract economic coercion from third countries with measures such as tariffs and imports restrictions.
December 13, 2021