Mandate

Vinge advises SEB, Handelsbanken and Nordea in connection with Trelleborg’s new issue

March 23, 2009

Vinge has advised SEB, Handelsbanken and Nordea in connection with Trelleborg AB’s new issue of shares subject to pre-emption rights for the existing shareholders of approximately SEK 2.2 billion. Trelleborg is listed on NASDAQ OMX Stockholm. The issue is underwritten in its entirety by Trelleborg’s major shareholders, certain other interested parties and SEB, Handelsbanken, Nordea and DnB NOR. SEB, Handelsbanken, Nordea and DnB NOR have undertaken to underwrite approximately SEK 900 million which thus comprises approximately 40 per cent of the new issue. The detailed terms and conditions governing the new issue including the subscription price will be determined and communicated on 21 April 2009.

Ola Sandersson and Dain Nevonen advised SEB, Handelsbanken and Nordea.

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