Vinge assisted in a large asset backed funding of consumer loans
November 11, 2009
Vinge assisted the lender and the arranger in connection with a Sweden based NOK 2.4 billion asset backed funding of consumer loans originated by Nordax Finans AB (publ). Vinge's team consisted of Henrik Ossborn, Magnus Bigner and Johan Ragnar.
Not so long ago, sanctions were a rare occurrence which only involved obscure products and countries, and which were decided by the members of the United Nations Security Council. Today, the European Union and particularly the United States, impose sanctions and other trade restrictions with high frequency which have the potential to affect any type of transaction. Set forth below is a summary of some recent developments.