Mandate

Vinge has advised Eleda Infra Services Group (“Eleda”) on the acquisition of Älmby Entreprenad Aktiebolag (”Älmby Entreprenad”)

September 28, 2021

Älmby Entreprenad is based in Älmhult, has 115 employees and has yearly sales around SEK 500 million. Älmby Entreprenad offers unique solutions in ground construction but also provides demolition and drilling services.

Vinge’s team consisted primarily of partner Christina Kokko and associates Manne Bergström, Carl Fredrik Wachtmeister, Nando Basic and Ellen Åkerdahl Flygt (M&A), Isak Willborg and Mario Saad (Agreements), Ebba Svenburg (Employment), Jolinn Uhlin (Banking & Finance), Karolina Cohrs and Ulf Pyk (Real Property & Environment), Johan Wahlbom and Victoria Fredén (Competition) and Sara Dahlros Sköld (VDR-assistant).

 

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