Mandate

Vinge has advised Fundamenta Grundläggning AB in connection with its sale of GW Asfalt

October 05, 2021

Vinge has advised Fundamenta Grundläggning AB in connection with its sale of GW Asfalt & Trädgårdsanläggningar AB to Vestum AB (publ).

GW Asfalt provides package solutions within ground and waterproofing work and are specialised on renovating courtyard. During the 12 months rolling period per June 2021 has the company had a revenue of approximately 224 million SEK. The transaction is subject to customary authority approvals.

Vinge’s team consisted of, among others, Daniel Rosvall and Stina Bengtsson (M&A) Ebba Svenburg (Employment), Frida Ställborn (Real Estate), and Viktoria Owetz Leyva (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