Mandate

Vinge has advised Santander Consumer Bank AS

March 16, 2020

Vinge has advised Santander Consumer Bank AS in connection with its acquisition of all shares in Forso Nordic AB, a subsidiary within the Ford Motor Company group.

Forso Nordic AB is a consumer credit institution who provides financial arrangements for leasing of vehicles in Scandinavia via its branches and subsidiary. The business includes to actively support sales and marketing of Ford Motor Company’s products on the Nordic market and directly or indirectly support the dealer’s sale and marketing of vehicles, spare parts and other vehicle products, by offering financing and administrative services relating thereto.

Vinge’s team consisted of Christina Kokko, Ulrich Ziche, Michaela Cronemyr, Isabelle Jengsell, Hanna Risberg, Clara Sohlberg (M&A), Emma-Stuart Beck, Caroline Krassén, Paulina Malmberg, Elin Samara (Regulatory), Nicklas Thorgerzon (GDPR/IT), Trine Osen Bergqvist, Christina Åqvist (Competition), Sofia Landolsi (Agreements), Ilze Lukins (IPR), Karolina Cohrs (Real Estate), Josefine Lanker (Banking and Finance), Hayaat Ibrahim (CSR), Lisa Ullman (Employment), Viktoria Owetz (VDR Specialist) och Bonnie Holmström (Project Assistant).

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

European Commission provides sanctions compliance guidance

The European Commission has recently issued three opinions regarding the interpretation of asset freeze provisions in certain sanctions legislation pertaining to Central African Republic, Ukraine, Libya and Syria. The opinions are also of relevance for other sanctions regimes which provide for the same or similar restrictions. Therefore, their practical relevance goes far beyond the sanctions regimes in the context of which they were issued and they therefore provide for helpful guidance regarding the required thresholds for sanctions compliance generally.
September 20, 2021