Mandate

Vinge advises SES ASTRA

April 12, 2010

Vinge is advising SES ASTRA S.A. (“SES ASTRA”) in connection with the company’s acquisition of full ownership of SES SIRIUS AB (“SES SIRIUS”), a leading provider of satellite services primarily in the Nordic and Baltic regions. SES ASTRA became the owner of all shares in SES SIRIUS following the acquisition of the remaining 10 per cent of the shares in SES SIRIUS from the Swedish Space Corporation. SES ASTRA became a shareholder in SES SIRIUS in October 2000 when it acquired a fifty per cent shareholding in the company. During the last decade, SES ASTRA has gradually increased its holding culminating in a 90 per cent holding in 2008. SES SIRIUS has offices in Sweden, Latvia, Russia, the Ukraine and Romania.

SES ASTRA is a market leader in Direct-to-Home (DTH) satellite systems in Europe and provides services to more than 122 million DTH and cable households and broadcasts more than 2,500 analogue and digital TV and radio channels.

Vinge’s team consists of Carl Johan af Petersens, Mikael Broomé, Ola Sandersson and Fredrik von der Esch.

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