- Latin America
- United Kingdom - Solicitors
- United Kingdom - The Bar
- United States
- What is the GC Powerlist?
- How to nominate in-house counsel
- Australia/New Zealand
- Asia Pacific
- Ireland Teams
- Latin America
- Middle East
- Middle East Teams
- Russia Teams
- Switzerland Teams
- United Kingdom
- Client Intelligence Report
- Human rights insight
- MINT: the legal challenges of working and investing in emerging economies
- Response to Brexit
- An investigation of the GCC and Middle East legal market
- Litigation and regulatory challenges in financial services
- AI and the law tools of tomorrow:
A special report
- Scottish GCs
- North West clients
- Pan-Europe bribery crackdown
- Arbitration backing Africa's investment boom
- Business thinking
- In-house management
- Career path
- Legal perspective
- Big picture
- In discussion
- Interrogating value
- GC interviews
- The Changing Talent Economy In Sub-Saharan Africa
- Act like a leader, think like a leader
- In-House Life: James Ratcliffe, Art Loss Register>
- Tracking Change for In-House Legal Departments
GC Diversity & Inclusion Report 2016
- Shaping the future of the Bar Roundtable
- Chief Marketing Officer Roundtable
- Dispute resolution in Africa roundtable
- GC Diversity and Inclusion Report
- Investing in Indonesia: the role of the in-house lawyer in growing markets
- The Legal Business 100 Debate
- GC Powerlist UK summer reception
- The Brexit debate
- AI and the law
- GC Powerlist: Middle East roundtable
- Alternative disputes: the role of arbitration in Turkey
- The risk debate
- Two visions of nearshoring
- Dissenting perspectives
- Developments in Panama
- The international arbitration summit
- The Global 100 debate - Chasing Alpha
Share this page
- Legal market overview
- Banking and finance
- Capital markets
- Commercial, corporate and M&A
- Dispute resolution
- EU and competition
- IT and telecoms
- Intellectual property and media
- Public procurement
- Real estate
- Bosnia and Herzegovina
- British Virgin Islands
- Burkina Faso
- Cayman Islands
- Costa Rica
- Czech Republic
- Dominican Republic
- El Salvador
- Equatorial Guinea
- Hong Kong
- Isle of Man
- Ivory Coast
- Latin America: International firms
- New Zealand
- Puerto Rico
- Saudi Arabia
- South Africa
- South Korea
- Sri Lanka
- St Barts
- St Vincent
- United Kingdom
- United Arab Emirates
- United States
Legal market overview
After a strong second half of 2014, the Swedish transactional market slowed down once again in 2015, with fewer private M&A transactions in the small-cap and mid-cap segments. On the public M&A side, one of the standout mandates was the €6.6bn acquisition of Fortum’s electricity distribution business in Sweden by a consortium made up of Borealis Infrastructure Management, Swedish national pension funds Första AP-Fonden and Tredje AP-Fonden and Swedish mutual insurance and pension savings company Folksam. Starwood Capital Group’s aquisition of Swedish Real estate firm Svea Real Fastigheter was a significant transaction on the real estate market and Microsoft’s $2.5bn buyout of game developer Mojang (creator of Minecraft) was one the most high-profile tech transactions globally. The previously modest IPO markets roared back in 2015, with several listings on Nasdaq Stockholm and on Nasdaq First North.
Disputes arising from the bankruptcy of HQ Bank are still keeping a number of local law firms busy, while the dispute between Naftogaz of Ukraine and Russia’s Gazprom is proving to be among the most complex cases in Sweden.
The Swedish legal market saw several new entrants in 2015: Bokwall Rislund, a specialist firm focused on competition and public procurement, was founded by former Advokatfirman Cederquist lawyers Olle Rislund and Carl Bokwall; and Sweden saw the arrival of Ernst & Young AB, with former Advokatfirman Delphi partner Paula Hogéus establishing its employment department.
Legal Business: country analysis
Breaking new ground – advisers hope shale revolution can restart CEE market
Weighed down by political unrest and slowing economies, energy and infra projects look like one area to be driving
the CEE economy. Can the shale revolution power up
Click here to read the feature.
GC Powerlist -
INSIGHT: Hard graft
the pan-Europe bribery crackdown
As European agencies turn up the heat on bribery and corruption, we team up with Simmons & Simmons to assess how clients are responding.
Search News and Articles
By lawyer/partner Pia Pehrson and associates Pelle Stubelius and Ludvig Gustafson, Foyen Advokatfirma
By Pia Pehrson, partner, and Pelle Stubelius, associate; Foyen Advokatfirma
A recent Court of Appeal case illustrates the risk that parties (and their counsel) run when an agreement is governed by a law of a different language from that used in the agreement itself. Due to the chairman's casting vote, the otherwise split decision came down in favour of one dictionary translation.
Update and trends
In the first case of its kind to be decided by a higher court in Sweden, the Court of Appeal finds no probable cause for infringement where a competitor’s trade mark was used for keyword advertising on Googles AdWords service.
In a noteworthy ruling the Northern Norrland Court of Appeal had to consider two interesting questions regarding commercial agents:
New Swedish closely related party rules for listed companies: On 31 January 2012, the Swedish Securities Council issued a new set of closely related party rules which may have a substantial impact on the business and ownership of listed companies in Sweden. Partners Peder Grandinson and Ulf Grubbström of Hammarskiöld & Co comment on the new rules and possible consequences thereof.
Swedish Competition Authority
Industrial activities are of great importance to Europe’s financial wealth. Industrial emissions, however, cause environmental pollution and industrial emissions constitute a major part of Europe’s total emissions to air, water and soil. Consequently, there is a need for regulation of industrial operations at an EU level. Partner Erica Nobel and associate Christina Hellström comment on the new legislation and the possible consequences thereof.
Swedish state aid news
The renewable energy company OX2 has been retained to construct the Lehtirova wind farm generating 148 MW (41 wind power turbines) in Norrbotten. The customer is Aquila Capital. Foyen Advokatfirma assisted OX2 in the negotiations regarding the turbine supply agreement and the service agreement with the turbine supplier, Vestas. The partner in charge at Foyen was Jacob Hamilton.
Swedegas and Vopak are now preparing, in partnership with the Port of Gothenburg, construction of a terminal for liquefied natural gas, LNG. The City of Gothenburg has approved zoning and demolition work on the site has started in order to make way for the terminal.
Elgin Mining Inc. and Mandalay Resources Corporation., both listed on the Toronto stock exchange, have entered into an agreement whereby Mandalay acquires Elgin for consideration consisting of a combination of cash and shares. The total transaction value is approximately 425 million SEK.
The lawyers Lars Svärd, John Pellegrini and Robert Moldén have been appointed as new partners at Gärde Wesslau law firm's Gothenburg office.
Gärde Wesslau continues the expansion and enhancement of its international expertise in Gothenburg by recruiting lawyer Sofie Strempel .
Niederer Kraft & Frey advised China Development Bank on its EUR350 million project financing of a mine mouth coal-fired power plant in Stanari, Bosnia and Herzegovina. This was the first ever project financing led by a Chinese bank in Europe. The transaction involved one of the largest independent power projects (300 MW plant) in the region. Also, it is the first large scale power project to be constructed by Chinese contractors in Europe.
BG Research’s Client Barometer 2012 names Delphi as IT/Telecom Law Firm of the Year. The award reflects the fact that the majority of Swedish buyers of legal services state that their first choice of law firm would be Delphi when IT/Telecom legal advice is needed.
Advokatfirman Delphi has together with Ernst & Young Law GmbH advised Perusa Partners Fund 2 LP in the acquisition of SEM Aktiebolag and its subsidiary SEM Technology Suzhou Co. Ltd in China from the energy and environmental technology group Opcon.
Advokatfirman Delphi has assisted Cherry AB (publ) on the sale of their business area Maritima Spel, the transaction was closed on 8 November 2012.
Advokatfirman Delphi has assisted Peab on its sale of properties in Stadsdel Norr in Östersund. The acquiring company is Dalripan Fastigheter AB and the transaction has a value of SEK 220 million.