Mandate

Vinge advises Platzer Fastigheter in conjunction with the acquisition of AB Volvos real estate portfolio in Gothenburg

February 08, 2017

Vinge has advised Platzer Fastigheter in conjunction with the acquisition of AB Volvo’s real estate portfolio in Gothenburg.

The underlying real estate value amounts to approximately SEK 2.8 billion. The acquired portfolio consists of 338,000 square meters of rentable area as well as land located in Arendal, Torslanda and Säve. The ground area amounts to approximately 3.6 million square meters. The preliminary closing date is 15 December 2016. In order to finance part of the acquisition, Platzer intends to carry out a rights issue of approximately SEK 700 million. In connection with the acquisition, Platzer also intends to utilize bank financing of up to approximately SEK 1.7 billion. Vinge has advised Platzer in all parts of the transaction.

Vinge’s team consisted of partners Olof Jisland, Assur Badur, Charlotte Levin, Louise Brorsson Salomon, counsel Johan Cederblad, partner Robert Deli, associates Christian Lindhé, Anna-Maria Terzi, Anna Lonergan, Ludvig Frithiof, Kristoffer Larsson, Marith Welin-Berger, Emelie Parland and Frida Ställborn.

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