News

Vinge lawyer awarded the king's medal

January 31, 2013

Johan Gernandt of Vinge has been awarded the H. M. King’s Medal of the 12th size with the ribbon of the Order of the Seraphim for his “outstanding contributions to the Swedish banking industry as well as Swedish and international business law”.

Johan has worked at Vinge since 2009 and is one of Sweden’s most eminent lawyers in the field of international dispute resolution with more than 40 years’ experience.

Before joining Vinge, Johan was a partner and one of the founders of the law firm, Gernandt & Danielsson.

Johan is the chairman of the Swedish Riksbank’s General Council. At the beginning of this year, he resigned as chairman of the Arbitration Institute of the Stockholm Chamber of Commerce, where he has been a member of the board since 1994, initially as an ordinary member and thereafter as deputy chairman and as chairman since 2006.

Johan is also a board member of Systembolaget and the Centre for Commercial Law.     

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