Mandate

Vinge advises the Port of Gothenburg in the divestment of their container terminal

October 11, 2011

APM Terminals has acquired Skandia Container Terminal AB and will take over the operation of the container terminal in the Port of Gothenburg. Skandia Container Terminal AB was acquired from Göteborg Port Operation AB, a company controlled by the City of Gothenburg. In connection with the transaction, a concession agreement will be entered into concerning the operation of the terminal and related infrastructure. The acquisition is subject to approval of the relevant competition authorities.The transaction was the last of three in relation to the privatization process of the terminal operations in the Port of Gothenburg. The other two terminals, i.e. the ro/ro- and the car terminal respectively, were sold during 2010 and 2011. The Port of Gothenburg is by far the largest port in the Nordic region and the container terminal handles approximately 800,000 containers per year.

Vinge has advised Göteborg Port Operation AB and the Port of Gothenburg throughout the privatization process. The firm’s team was led by Fredrik Sonander and included Charlotte Forssander and Lisa Askbrink, as well as a number of other co-workers from the practice groups M&A, Shipping, Employment and Pensions, Real Estate and Environment.

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