Mandate

Vinge advises RusForest in connection with in kind acquisition of NTG

March 28, 2011

In order to expand RusForest AB’s (publ) (“RusForest” or the “Company”) operations in the Arkhangelsk region, the Board of Directors has entered into a sale and purchase agreement with the shareholders of Clonri Holding Limited and Piatkowski Holdings Limited, which together with subsidiaries comprise the Nord Timber Group (“NTG”), regarding the purchase of shares in and receivables from NTG against payment in the form of newly issued shares in RusForest. The total consideration amounts to 29 437 529 RusForest shares. The acquisition is conditioned upon, inter alia, the extraordinary shareholders’ meeting on 15 April 2011 approving the proposed increase of the share capital thresholds in RusForest’s articles of association, and on the Board of Directors resolving in accordance with its authorization to issue the consideration shares.

RusForest is a forestry and sawmilling company operating in Eastern Siberia and the Arkhangelsk region of Russia. The Company controls long term forest leases with an annual allowable cut of approximately 2 million m3, and utilizes these resources to produce a wide range of sawnwood products. Eastern Siberia is renowned for its Pine and Larch of exceptional quality, while the Arkhangelsk Region in northwest Russia has high quality spruce and pine forests similar to those found in northern Sweden.

Vinge’s team consisted of Jesper Schönbeck, Christian Granqvist and Jonas Johansson. Göran Nyström is partner in charge.

Anti-counterfeiting – the best way to work to counteract trademark infringement and counterfeiting

Counterfeiting and intellectual property law infringement constitute significant problems for both individual trademarks and companies as well as from a broader societal perspective. In this year’s edition of WTR’s “Anti-Counterfeiting: A Global Guide” we present the most important parts of the Swedish legislation, as well as how companies can create successful preventive measures.
June 07, 2021

Full service within IP gives top ranking

Vinge's IP team has been ranked in the top band by the international guide IP Stars in two areas; Trade mark contentious and Trade mark prosecution - law firms.
May 21, 2021

Extensive amendments to the Swedish Protective Security Act - increased obligations and a comprehensive sanctions system

Extensive amendments to the Swedish Protective Security, which include increased obligations for operators of security-sensitive activities and a comprehensive sanctions system, are proposed to enter into force on 1 December 2021. These changes, which were presented in a Government bill of 18 March 2021, generate new and far-reaching obligations for many companies, especially in view of the severe sanctions that may be imposed if the obligations are not complied with.
May 19, 2021