Mandate

Vinge advises Nordic Mines in connection with new share issues

January 04, 2010

Vinge has advised Nordic Mines AB (publ) in connection with a directed share issue of SEK 180 million and a preferential rights issue of approximately SEK 60 million. The issues, which total approximately SEK 240 million, are intended to allow Nordic Mines to secure the equity required to carry out an investment in the company's planned gold mine located in Laiva in Finland.

The issue resolutions are conditional upon approval by the shareholders at the extraordinary shareholders' meeting to be held on 11 January 2010.

Vinge's team consisted of responsible partner Göran Nyström and associates Jesper Schönbeck, Emil Hedberg and Andreas Wirén.

New statute prohibits unfair terms and conditions and practices in conjunction with the purchase of agricultural and food products

The so-called UTP Act prohibits buyers from using certain terms and conditions and practices against suppliers of agricultural and food products. The Swedish Competition Authority exercises supervision and can, among other things, carry out unannounced inspections and order individual to attend formal interviews. In conjunction with violations, sanctions such as injunctions subject to a default fine or a sanction fee of up to one per cent of the buyer’s annual turnover can be imposed. The UTP Act will enter into force on 1 November 2021 and will also be applicable to contracts which are entered into prior to this date.
October 05, 2021

Vinge employs additional antitrust economists to further strengthen its practice

We welcome Adam Löfquist and Carl Widstrand to our EU, Competition & Regulatory practice group.
September 30, 2021

European Commission provides sanctions compliance guidance

The European Commission has recently issued three opinions regarding the interpretation of asset freeze provisions in certain sanctions legislation pertaining to Central African Republic, Ukraine, Libya and Syria. The opinions are also of relevance for other sanctions regimes which provide for the same or similar restrictions. Therefore, their practical relevance goes far beyond the sanctions regimes in the context of which they were issued and they therefore provide for helpful guidance regarding the required thresholds for sanctions compliance generally.
September 20, 2021