Mandate

Vinge has acted as legal adviser to Deutsche Bank, Citigroup Global Markets and Nordea in connection with the establishment of Vattenfall’s Swedish EMTN programme.

May 15, 2018

The EMTN programme enables Vattenfall to continuously issue notes within a maximum outstanding nominal amount of EUR 10 billion at each time.

The EMTN programme is the first ever to be established under Swedish law. Deutsche Bank AG, London Branch is acting as arranger and Deutsche Bank AG, London Branch, Citigroup Global Markets Limited and Nordea Bank AB (publ) are appointed as dealers under the programme. The prospectus was approved by the Swedish Financial Supervisory Authority on 18 April 2018.

Vinge’s team consisted of partner Mikael Ståhl together with Josefine Larsson and Sara Osman.

Arbitration proceedings between a Member State and an investor from another Member State further curtailed – the judgment of the EU Court of Justice in PL Holdings

Following the much debated judgment by the CJEU in Achmea, arbitration clauses in bilateral investment treaties between Member States under which an investor in one of those Member States may bring proceedings against the other Member State are considered incompatible with EU law. However, the judgment in Achmea seemed to leave it open whether an arbitration agreement between a Member State and an investor from another Member State not based on such a clause would be considered acceptable by the CJEU. Yesterday’s ruling by the Court in the Swedish case PL Holdings (Case C-109/20) dealt with one aspect of this question, resulting in further limits to investment arbitration in the EU.
October 27, 2021

New statute prohibits unfair terms and conditions and practices in conjunction with the purchase of agricultural and food products

The so-called UTP Act prohibits buyers from using certain terms and conditions and practices against suppliers of agricultural and food products. The Swedish Competition Authority exercises supervision and can, among other things, carry out unannounced inspections and order individual to attend formal interviews. In conjunction with violations, sanctions such as injunctions subject to a default fine or a sanction fee of up to one per cent of the buyer’s annual turnover can be imposed. The UTP Act will enter into force on 1 November 2021 and will also be applicable to contracts which are entered into prior to this date.
October 05, 2021

Vinge employs additional antitrust economists to further strengthen its practice

We welcome Adam Löfquist and Carl Widstrand to our EU, Competition & Regulatory practice group.
September 30, 2021