Mandate

Vinge advises KLP Fastigheter in connection with the acquisition of Radisson SAS Royal Viking Hotel in Stockholm

May 18, 2009

Vinge has advised KLP Fastigheter AB in connection with the acquisition of the property designated as Pennfäktaren 12 in central Stockholm from RBS Nordisk Renting. Most of the property includes the five star Radisson SAS Royal Viking Hotel.

KLP Fastigheter AB is a wholly-owned subsidiary of the Norwegian company, KLP Eiendom AS, which is one of Norway’s largest property owners. KLP Eiendom AS is owned in turn by KLP Forsikring, which is one of Norway’s largest life insurance companies.

KLP Fastigheter AB was advised by partners Stefan de Hevesy and Patrick Forslund together with associate, Anders Frick.

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