Mandate

Vinge assists SJ with financing from NIB

April 22, 2009

Vinge has advised SJ AB in connection with a financing transaction in which SJ is borrowing approximately SEK 500,000,000 (MEUR 45) from the Nordic Investment Bank (NIB) in order to partly finance 20 new high-speed trains. The new trains will constitute the base for SJ’s new traffic system and will be delivered during 2010.

”NIB imposes stringent demands for granting loan facilities and SJ had a significant advantage as a result of the positive environmental aspects which flow from development of, and investment in, train services in Sweden” says Fredrik Wilkens, partner at Vinge.

Vinge’s team consisted of responsible partner Fredrik Wilkens and associates Emma Stuart-Beck and Katarina Rykowska.

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

The EU Commission proposes a new tool to counter the use of economic coercion by third countries

The European Commission has proposed a new regulation that will provide it with tools to counteract economic coercion from third countries with measures such as tariffs and imports restrictions.
December 13, 2021