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Legal Developments and updates from the leading lawyers in each jurisdiction. To contribute, send an email request to
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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.
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Update and trends
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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.
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In a noteworthy ruling the Northern Norrland Court of Appeal had to consider two
interesting questions regarding commercial agents:
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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.
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Swedish Competition
Authority
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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.
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Swedish state aid news
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Effective July 1st, 2012, the new revised Swedish legislation on bribery entered into
force. The last time this area was more thoroughly revised was in 1977. The previous
regulation was criticized for being both inaccessible and outdated.
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On October 1, 2012, changes in Regulation (2003:770) on government authorities’
electronic information exchange enter into force. The changes involve an obligation
for a number of government authorities to implement e-commerce, and from May
31, 2013 handle all of their orders for supplies and services electronically. In this
article partner Kristian Pedersen and associate Ingrid Sandstedt present the new
rules.
The latest news direct from law firms. If you would like to submit press releases for your firm, send an email request to
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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.
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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.
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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.
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Advokatfirman Delphi has
assisted Cherry AB (publ) on the sale of their business area Maritima
Spel, the transaction was closed on 8 November 2012.
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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.
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founded – submission regarding the opinion “The future for the Procurement Assistance”, SOU 2012:32
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Delphi's team of partners is strengthened this September by three additional lawyers.
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Hammarskiöld & Co represented Bel Fuse Inc. in relation to its acquisition of Powerbox Italia S.r.l. from Powerbox International AB.
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liquefied petroleum gas
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Nokas AS has acquired 80% of the stakes in the
Swedish emergency service centre Riksettans Larmcentral AB from its
founder. As part of the agreement, Nokas has been given an option to
acquire the remaining 20% within three years.