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Vinge advises LBS Intressenter AB on the sale of independent high schools

August 23, 2007

Vinge is advising LBS Intressenter AB on the sale of Ljud & Bildskolan LBS AB and Drottning Blankas Gymnasieskola AB to Academedia. Through this acquisition, Academedia will become Sweden’s largest, in terms of volume, education providers listed on the stock exchange. LBS’s shareholders will receive shares in AcadeMedia and will become the owners of approximately 15.52 per cent of the share capital and 10.01 per cent of the votes in AcadeMedia.

The Vinge team includes Johan Göthberg and Mi Gustavsson.

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