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Setterwalls

STUREGATAN 10, PO BOX 1050, 101 39 STOCKHOLM, SWEDEN
Tel:
Work +46 8 598 890 00
Fax:
Fax +46 8 598 890 90
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Web:
www.setterwalls.se
Gothenburg, Malmo, Stockholm

Press releases and law firm thought leadership

This page is dedicated to keeping readers informed of the latest news and thought leadership articles from law firms across the globe.

If your firm wishes to publish press releases or articles, please contact Shehab Khurshid on +44 (0) 207 396 5689 or shehab.khurshid@legalease.co.uk

 

Setterwalls advisor for Brinova Fastigheter in major takeover bid

May 2012. Press Releases by Setterwalls (view listing).

Setterwalls assists Brinova Fastigheter AB (publ) in connection with the public takeover bid from Backahill Holding AB. The bid means that all shares in Brinova are valued at approximately SEK 2.7 billion.

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Environmental technology – Setterwalls advisor when Wallenius opens Chinese subsidiary

May 2012. Press Releases by Setterwalls (view listing).

Setterwalls is advising the environmental technology company Wallenius Water AB - world leader in chemical free water treatment - with several contracts for the supply of purification systems for fish farming companies in China.

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Setterwalls has assisted Bain Capital in connection with the acquisition of Bravida

May 2012. Press Releases by Setterwalls (view listing).

Setterwalls has assisted Bain Capital in connection with the acquisition of Bravida, Scandinavia's premier integrated supplier of technical installation and service solutions for buildings and plants.

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Setterwalls advices Bure when selling holdings in Carnegie and Max Matthiessen

May 2012. Press Releases by Setterwalls (view listing).

Bure Equity has sold all of its shares in Carnegie Holding, Carnegie Asset Management and Max Matthiessen to Altor Fund III.

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Setterwalls has acted as legal advisor to PE fund FSN Capital in the sale of Via Travel to Egencia

May 2012. Press Releases by Setterwalls (view listing).

Setterwalls has acted as legal advisor to the private equity fund FSN Capital in the sale of Via Travel - the largest travel market company in Sweden and in the Nordics - to Egencia. Egencia is a part of Expedia, Inc., the world's largest travel marketplace.

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Setterwalls assists Peab on assignment worth billions

April 2012. Press Releases by Setterwalls (view listing).

Peab has been assigned by Northland Logistics AB to transport iron ore by truck from an iron ore mine near Kaunisvaara near Pajala to a transload facility located in PitkÀjÀrvi, where the iron ore will be loaded on wagons and transported by rail to Narvik, Norway.

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Setterwalls Stockholm County Council’s advisor in the procurement of emergency healthcare at...

April 2012. Press Releases by Setterwalls (view listing).

S:t Göran’s hospital

The recently completed procurement process for the operation of S:t Göran’s hospital is estimated to be one of the largest in the world within emergency healthcare. 

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Setterwalls advisor when Arlandastad sells land

April 2012. Press Releases by Setterwalls (view listing).

Arlandastad Holding AB has sold a lot of land to Bockasjö AB by the E4 at the Arlanda Airport exit outside Stockholm. The area of the land is 120.000 square meters. Through Assur Badur Setterwalls assisted Arlandastad Holding AB in the sales.

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Setterwalls assists Delivery Hero in acquisition of Online Pizza

April 2012. Press Releases by Setterwalls (view listing).

Setterwalls has assisted the German company Delivery Hero in its acquisition of Online Pizza Norden AB.

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Setterwalls student team Wins Top Recognition in Frankfurt Moot

April 2012. Press Releases by Setterwalls (view listing).

The Stockholm University team, sponsored by Setterwalls, won top recognition in the 5th Frankfurt Investment Arbitration Moot. The team advanced to the semi-final rounds and team member Daniela Palacios won the Best Advocate Prize.

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Setterwalls advisor to FjÀrde AP-fonden (AP 4) in a major investment

March 2012. Press Releases by Setterwalls (view listing).

Setterwalls has advised FjÀrde AP-fonden, (AP4), one of the Swedish buffer funds, in an investment in a Qualified Investment Fund (QIF) in the form of a unit trust in Ireland set up by the BlackRock Alternative Advisors business unit of BlackRock, Inc..

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Setterwalls assists Skanska in a dispute against Luftfartsverket

March 2012. Press Releases by Setterwalls (view listing).

(the Swedish Civil Aviation Authority)

Skanska is entitled to payment of approximately SEK 60 million including interest and litigation costs for ground reinforcement work at the building of a parking garage at Landvetter Airport. 

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Setterwalls recruits VAT expert Marie Hedin

March 2012. Press Releases by Setterwalls (view listing).

Setterwalls makes a strategic recruitment in the growing area of tax and recruits advokat and VAT specialist Marie Hedin from Maqs Law Firm. Marie is employed as Specialist Counsel within the Setterwalls tax group as of 12 March.

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Setterwalls advises in the sale of Biomain

March 2012. Press Releases by Setterwalls (view listing).

On March 1, the German company Heraeus Dental, which is part of the precious metals and technology group Heraeus, headquartered in Hanau, Germany, acquired all shares in Biomain AB, Helsingborg.

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Otto Rydbeck award for law 2012

March 2012. Press Releases by Setterwalls (view listing).

In association with Blendow the legal sector met at Operaterrassen on 16 February 2012 to hand out the Otto Rydbeck Award for Law.

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Setterwalls in finance transaction concerning ZeroChaos and PNC Bank

February 2012. Press Releases by Setterwalls (view listing).

Setterwalls and Weil, Gotshal & Manges LLP (New York) have advised ZeroChaos and the U.S. private equity firm Snow Phipps on a refinance of credit facility of up to USD 250,000,000 for ZeroChaos’ continued global growth strategy, including Zero Chaos AB (formerly Madeo Sourcing Group AB).

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Setterwalls shortlisted for Chambers’ “Award for Excellence”

February 2012. Press Releases by Setterwalls (view listing).

For the second year in a row Setterwalls has been shortlisted for Chamber and Partners' Award for Excellence 2012 in the country of Sweden. The Award ceremony will take place in Amsterdam on 10 May.

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Setterwalls awarded “European Onshore Wind Deal of the year 2011”

February 2012. Press Releases by Setterwalls (view listing).

Setterwalls was, together with Arise Windpower AB (publ), Platina Partners Ltd., DNB, SEB, EKF and Pension Danmark, awarded the prize European Onshore Wind Deal of the year 2011 by Project Finance Magazine.

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Setterwalls advises Cobra Biologics in its acquisition of the Unitech Pharma Group

February 2012. Press Releases by Setterwalls (view listing).

Setterwalls has advised Cobra Biologics in its acquisition of the Unitech Pharma Group and its bio-production facility in Matfors near Sundsvall.

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Setterwalls adviser in the divestment of BioNordika

February 2012. Press Releases by Setterwalls (view listing).

Advised the seller in its divestment of the BioNordika Group with subsidiaries in Denmark, Estonia, Finland, Norway and Swden to Addtech Life Science.The transaction was closed on 26 January 2012.

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Setterwalls assists VĂ€tterledens Invest at the sale of GIA Industri to Atlas Copco

February 2012. Press Releases by Setterwalls (view listing).

Setterwalls has represented VĂ€tterledens Invest in its sale of GIA Industri to Atlas Copco. GIA’s product range includes electric mining trucks, other mining vehicles and ventilation systems.

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Setterwalls advises Ramirent in its acquisition of Consensus Entreprenad

January 2012. Press Releases by Setterwalls (view listing).

Setterwalls has advised Ramirent in its acquisition of the Swedish rental company Consensus Entreprenad AB, a company with an annual turnover of MSEK 25 and with eight employees.

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Setterwalls has assisted KappAhl with a new share issue

January 2012. Press Releases by Setterwalls (view listing).

Setterwalls has assisted KappAhl AB (publ) in connection with a new share issue of approximately SEK 600 million with preferential rights for shareholders for the purpose of strengthen the company's financial position. KappAhl is a leading clothing retail chain with more than 370 stores and 4 800 employees in Sweden, Norway, Finland, Poland and the Czech Republic.

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Setterwalls advices when Brinova sells City Gross-property

January 2012. Press Releases by Setterwalls (view listing).

Setterwalls has advised Brinova Fastigheter AB (publ) in connection with the sale of commercial retail property (City Gross) in KungÀlv to Handelsfastigheter i Sverige III AB. Brinova, which is listed on NASDAQ OMX, is active in the Swedish property market.

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Seven new partners at Setterwalls

December 2011. Press Releases by Setterwalls (view listing).

Setterwalls has appointed seven new partners for 2012. The majority of these are from the firm's biggest practice areas - Corporate, Equity Capital Markets and M&A, IP/Tech, Construction & Real Estate, Banking & Finance and Tax - all of which have continued to grow during 2011. Employment and Labour La

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Young Banking and Finance Professionals (YBF) – New network established by Setterwalls

December 2011. Press Releases by Setterwalls (view listing).

Setterwalls has established a new network for young banking- and finance professionals.

Our aim is to create a platform for meetings and discussions concerning current issues in the banking- and finance industry. The first meeting will take place 26 January 2012 at Setterwalls. During the evening we will tell you more about the new network and listen to our first speaker Anton Sikström. He will talk about his exciting experiences of the financial sector in the Middle East.

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Setterwalls assisted Resurs Bemanning in connection with a public offer

December 2011. Press Releases by Setterwalls (view listing).

Setterwalls has assisted the Board of Directors in Resurs Bemanning CNC AB (publ) in connection with the public offer from Wise Group AB (publ).

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Setterwalls assists KappAhl in launching its web-shop

November 2011. Press Releases by Setterwalls (view listing).

KappAhl is a leading fashion chain with more than 370 stores and 4 800 employees in Sweden, Norway, Finland, Poland and the Czech Republic. KappAhl is now also launching its web-shop by opening KappAhl Shop Online.

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Setterwalls assists Yara International in the acquisition of Petro Miljö

November 2011. Press Releases by Setterwalls (view listing).

Yara, the world’s leading chemical company that converts energy, natural minerals and nitrogen from the air into products for farmers and industrial customers, today announced its acquisition of the Swedish company Petro Miljö, a company which is a leader in Selective Non Catalytic Reduction (SNCR), a technology that can reduce nitrogen oxide (NOx) emissions, from industrial plants by up to 90 percent.

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Setterwalls assists Arise Windpower

October 2011. Press Releases by Setterwalls (view listing).

Arise Windpower AB (publ) is listed on NASDAQ OMX Stockholm and is one of Sweden’s leading companies in onshore wind power with the business concept of selling electricity produced using its own onshore wind power stations.

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Setterwalls assists Arkivator in the acquisition of Exir

October 2011. Press Releases by Setterwalls (view listing).

Arkivator Holding AB has acquired Exirguppen AB’s subsidiaries in Sweden and Hungary. In connection with the acquisition, Exirgruppen AB became a shareholder in Arkivator Holding AB through a directed issue of new shares. The combined group is expected to generate a turnover of SEK 1.1 billion and will have 600 employees, with operations in Sweden, Hungary and China.

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Johan Sidklev speaks at Kiev Arbitration Days

October 2011. Press Releases by Setterwalls (view listing).

On 17-18 November 2011 the conference Kiev Arbitration Days takes place in Ukraine.

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Setterwalls assists SjÀtte AP-fonden in the sale of Meca

October 2011. Press Releases by Setterwalls (view listing).

SjÀtte AP-fonden sells Meca to Mekonomen at a purchase price of slightly more than SEK 2 billion, on a debt-free basis as per June 30, 2011.

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Setterwalls represented BTJ in important appeal

September 2011. Press Releases by Setterwalls (view listing).

SKL Kommentus Inköpscentral AB has procured literature, with and without library equipment, for all Swedish municipalities, county councils and their companies.

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Setterwalls recruits dispute resolution specialist Jesper GrĂŒnbaum from Wistrand

September 2011. Press Releases by Setterwalls (view listing).

Setterwalls’ recruitment of Wistrand partner Jesper GrĂŒnbaum represents a strategic acquisition in the growing dispute resolution field. Jesper will join the Stockholm office as a partner from 19 September 2011.

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Setterwalls assists KappAhl Setterwalls assits story hotel in major lease agreement

September 2011. Press Releases by Setterwalls (view listing).

Setterwalls has assisted Story Hotel AB – a smart, stylish and new kind of hotel for today’s travelers – when entering into a lease agreement in the new district Signalfabriken in Sundbyberg, Sweden.

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Dispute Resolution for business relations

September 2011. Press Releases by Setterwalls (view listing).

Fred Wennerholm and Marie Öhrström from Setterwalls will lecture at a seminar held by the German-Swedish Chamber of Commerce (Tysk-Svenska Handelskammaren) where the arbitration court, arbitrators and the new arbitration regulations are presented.

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Cross Border M&A: Strategy, tips and country comparisons (seminar)

September 2011. Press Releases by Setterwalls (view listing).

Welcome to a seminar on 27 September 2011 about Cross Border M&A where Setterwalls is co-arranger.  Anders Söderlind at Setterwalls is also participating as panel co-chairman.

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Setterwalls advises Eson Pac in its acquisition of StrÄlfors Identification Solutions (SIS)

September 2011. Press Releases by Setterwalls (view listing).

Setterwalls has advised Eson Pac Holding AB and Eson Pac Group AB in its acquisition of StrÄlfors Identification Solutions (SIS) and in creating one of the leading packaging businesses in Scandinavia.

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Setterwalls assists KappAhl in the launch of its fashion club Life & Style by KappAhl

September 2011. Press Releases by Setterwalls (view listing).

KappAhl launches the fashion club Life & Style by KappAhl, a membership club with emphasis on life and style. Membership is free and members will receive information on fashion news, special offers and selected membership benefits. http://mysite.kappahl.stroederalton.se/login.aspx.

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Meet Setterwalls at Business Arena

September 2011. Press Releases by Setterwalls (view listing).

Come meet our experts in real estate law at Business Arena, Scandinavia’s most important meeting place for management staff and decision makers in the real estate business.

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Setterwalls assists in major civil works project to Hochtief

September 2011. Press Releases by Setterwalls (view listing).

Hochtief AG is Germany's largest construction and real estate company. It is based in Essen but operates globally. Setterwalls has successfully supported Hochtief in a tender for major civil works in Sweden and assisted in the negotiations for the 100 MEUR project to transfer parts of the major national highways E4 and E20 between Stockholm and Solna, Sweden, into tunnels. Setterwalls continues to advice Hochtief in the execution of the works.

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Sidklev heads new Russian/CIS Arbitration Network

September 2011. Press Releases by Setterwalls (view listing).

Advokat Johan Sidklev, partner at Setterwalls law firm, has been elected to the executive committee of the newly established Russian and CIS Arbitration Network, or RCAN.

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The Bodycote Group signs syndicated credit facility

September 2011. Press Releases by Setterwalls (view listing).

The Bodycote Group, with five Swedish subsidiaries, and the world largest provider of methods and processes for blasting, surface and heat treatment etc. to the manufacturing industry, entered into on 27 July 2011 a new Revolving Facility Agreement up to GBP 125 million with Lloyds TSB Bank PLC as Facility Agent for a syndicate of banks with Barclays, HSBC, Unicredit AG, Wells Fargo, ING and Svenska Handelsbanken.

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Setterwalls assists German DEKRA for the accreditation of vehicle inspection in Sweden

August 2011. Press Releases by Setterwalls (view listing).

Setterwalls assists German DEKRA for the accreditation of vehicle inspection in Sweden

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ZeroChaos acquires Madeo Sourcing Group

August 2011. Press Releases by Setterwalls (view listing).

ZeroChaos a global workforce solutions company headquartered in Orlando acquires Madeo Sourcing Group, a fast-growing Swedish consultant broker with operations in Sweden, Finland and net sales of 110 million EURO for the first half of 2011. Madeo has due to its rapid growth been appointed to "Gazelle company" by the Swedish financial daily newspaper Dagens Industri Poland with consolidated. ZeroChaos is owned to the majority by the US private equity firm Snow Phipps.

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EFM sells business to Cornerstone

August 2011. Press Releases by Setterwalls (view listing).

Setterwalls has assisted EFM in connection with its divestiture of its business relating to the management of the NRF portfolio to Cornerstone.

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Centeni sells Högdalen shopping centre

August 2011. Press Releases by Setterwalls (view listing).

Setterwalls has assisted Centeni AB in connection with its disposal of its subsidiary Centeni Högdalen AB to Citycon AB.

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Lidl sells logistics property

July 2011. Press Releases by Setterwalls (view listing).

Setterwalls has assisted Lidl Sverige KB in connection with its disposal of a logistics real property in Eskilstuna to a company owned by Svensk Fastighetsfond AB.

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Sale of Thea TandhÀlsa

July 2011. Press Releases by Setterwalls (view listing).

Setterwalls has advised the seller of the dental chain Thea TandhÀlsa AB, with an annual turnover of 110 million and 150 employees, in the divestment of Thea to Smileco Group AB.

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Diligentia sells development rights in VĂ€stra Hamnen

July 2011. Press Releases by Setterwalls (view listing).

Setterwalls has assisted Diligentia in its sale of five blocks of  housing development rights in the area Masthusen in Malmö, which answers to five of the company’s eighteen blocks in that area. Ikano Bostad buys four blocks and Hökerum Bygg buys one block.

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Nordic Drugs AB v. Reckitt Benckiser Healthcare A/S

July 2011. Press Releases by Setterwalls (view listing).

Setterwalls has assisted Swedish pharmaceutical company Nordic Drugs AB in a matter before the Swedish Market Court against Reckitt Benckiser Healthcare A/S and its marketing of its medicinal product Galieve.

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Vitruvian Partners investment in Flexpay AB

July 2011. Press Releases by Setterwalls (view listing).

Setterwalls has advised the sellers’ of Flexpay AB in connection to Vitruvian Partners investment in and ownership of the Company.

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Proffice buys studet staffing company Komet Holding

July 2011. Press Releases by Setterwalls (view listing).

Setterwalls has been advisor to Constallation Group in connection with its and the minority shareholders’ divestment of Komet Holding, with subsidiaries, to Proffice AB (publ).

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Setterwalls assists in connection with a MSEK 120 investment round in Bonesupport

July 2011. Press Releases by Setterwalls (view listing).

The Swedish MedTech company BONESUPPORT HOLDING AB has in June 2011 executed a financing round of MSEK 120 to guarantee continued expansion and further development of pipeline products.

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Inter IKEA Investments becomes new major owner of Forsbergs Fritidscenter

July 2011. Press Releases by Setterwalls (view listing).

Setterwalls has advised the shareholders and founders of Forsbergs Fritidscenter when Inter IKEA Investments becomes new major owner.

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Ramirent acquires Hyrman

July 2011. Press Releases by Setterwalls (view listing).

Setterwalls has advised Ramirent AB in its acquisition of the Swedish rental company Hyrman i Lund AB. Hyrman.

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Bink acquires Tailsweep

July 2011. Press Releases by Setterwalls (view listing).

Bink AB, Bonnier’s sales organization for web media, has acquired the advertising network company Tailsweep AB. Tailsweep is Sweden’s largest and leading media channel in blogs and social media.

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Sale of Elgiganten's Nordic distribution centre

July 2011. Press Releases by Setterwalls (view listing).

Setterwalls has assisted a syndicate of Norwegian investors with the purchase and financing of Elgiganten's Nordic central distribution centre in Jönköping.

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Setterwalls has assisted Papyrus

July 2011. Press Releases by Setterwalls (view listing).

Setterwalls has assisted Papyrus in an investment program for the benefit of the management of Papyrus.

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Altor acquires Orchid Orthopedic Solutions

July 2011. Press Releases by Setterwalls (view listing).

Orchid is a worldwide leading provider in the design and manufacture of implants and instruments for the orthopedic and dental markets.

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STRABAG acquires Swedish construction companies

July 2011. Press Releases by Setterwalls (view listing).

STRABAG SE, Central and Eastern Europe’s largest construction company has, assisted by Setterwalls, acquired five subsidiaries of Sweden’s NIMAB Group.

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Thermo Fisher Scientific Inc to acquire Phadia AB

July 2011. Press Releases by Setterwalls (view listing).

Thermo Fischer Scientific Inc., the world leader in serving science, has signed a definitive agreement to acquire all shares in the company owning Phadia AB, a global leader in allergy and autoimmunity diagnostics, from the private equity firm Cinven and Phadia AB's management, for EUR 2.47 billion in cash.

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ByggVesta establishes new real-estate company - Grön Bostad

July 2011. Press Releases by Setterwalls (view listing).

Setterwalls has acted for Swedish property developer ByggVesta in connection with the establishment of the new property owner Grön Bostad.

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Odd Swarting has been appointed as the new chairman of UNICEF Sweden

July 2011. Press Releases by Setterwalls (view listing).

At the annual general meeting on 18 May, Odd Swarting, member of the Swedish bar and partner was elected as chairman for UNICEF Sweden.

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Brinova divests three City Gross-estates to Handelsfastigheter

May 2011. Press Releases by Setterwalls (view listing).

Brinova Fastigheter AB (publ) has entered into an agreement with Handelsfastigheter i Sverige III AB concerning transfer of three City Gross properties at a total value of MSEK 180.

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Setterwalls counsels at the listing of FinnvedenBulten AB (publ)

May 2011. Press Releases by Setterwalls (view listing).

Setterwalls has assisted FinnvedenBulten AB (publ) in connection with the listing on the NASDAQ OMX Stockholm. First day of trading is expected to be 20 May 2011.

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Setterwalls legal advisor to Mio's web

May 2011. Press Releases by Setterwalls (view listing).

Setterwalls has assisted Mio AB with all legal matters when the company launched its online ordering of products and has ensured that the company's website www.mio.se otherwise complies with all legal requirements.

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Service Point acquires Holmbergs

May 2011. Press Releases by Setterwalls (view listing).

Service Point Solutions S.A. ("Service Point"), one of Europe's leading corporations within documents, printing and information management, has through its Swedish subsidiary Service Point Sweden Holding AB acquired all shares in Holmbergs i Malmö AB ("Holmbergs").

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The trademark Comfora stops Comforté

May 2011. Press Releases by Setterwalls (view listing).

Setterwalls has through Josefin Leiman and Cecilia Tholse Rogmark successfully conducted an opposition procedure in OHIM for Nordic Drugs AB. The procedure was initiated in late 2009 when the German company Ontario Inc.

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Braathens Aviation acquires Sverigeflyg

May 2011. Press Releases by Setterwalls (view listing).

Braathens Aviations, through Braganza II AB, has signed an agreement with over 80 % of the shareholders of Lokalflyg Sverige AB, parent company in the Sverigeflyg group, to purchase their shares in the company. The same offer which has been accepted by more than 80 % of the shareholders has also been made to the remaining shareholders of the company. By the acquisition, Sverigeflyg will form part of the Braathens group, which includes Malmö Aviation.

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Opportunities and Challenges in M&A: Exploring China-Nordic dealmaking

May 2011. Press Releases by Setterwalls (view listing).

Setterwalls organises this seminar together with MergerMarket and KPMG.

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Konica Minolta acquires Koneo AB

May 2011. Press Releases by Setterwalls (view listing).

Konica Minolta Business Solutions Sweden AB (“Konica Minolta”), the world leading supplier of products and solutions for of its multi-functional peripherals (MFPs) has acquired Koneo AB (“Koneo”), an office and information technology (IT) services company headquartered in Stockholm, Sweden.

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Setterwalls’ client Erste Bank has sucessfully defended itself against a billion crown claim

May 2011. Press Releases by Setterwalls (view listing).

Setterwalls has represented Austrian Erste Bank, the respondent in an arbitration against Sparbanksstiftelsernas Förvaltnings AB, following a claim for more than one billion SEK after a previous transfer of Swedbank shares from Sparbanksstiftelserna. “We are very pleased with the outcome”, says Åke Fors and Johan StrömbĂ€ck and goes on to sat that: “It is of course satisfying when an arbitral tribunal awards the client full success. The award confirms that it is fully acceptable for a pledgee to purchase the pledged property”.

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Setterwalls represented Icelandic Össur group in a long-term refinancing agreement

March 2011. Press Releases by Setterwalls (view listing).

Setterwalls and Slaughter and May have represented the Icelandic Össur group – a global leader in orthopaedic solutions – and its Swedish subsidiaries in connection with an agreement for a long-term refinancing in the amount of USD 231 million arranged by ING Bank, SEB and Nordea.

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Kaba strengthens its market position in connection with the acquisitions of businesses in Sweden

March 2011. Press Releases by Setterwalls (view listing).

Setterwalls has represented Kaba Holding AG, a company listed at Six Swiss Exchange, in the acquisition of the Norwegian based MĂžller Undall group including the Swedish company Aktiebolaget A.M. de Jong as well as businesses in Norway and Denmark. A price of NOK 262.5 million is being paid on a debt-free basis.Kaba strengthens its market position in connection with the acquisitions of businesses in Sweden

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Sparbanken Öresund AB won action for revocation against Swedbank

March 2011. Press Releases by Setterwalls (view listing).

In August 2010 Sparbanken Öresund AB filed an action for revocation against Swedbank’s earlier trademark Sparbanken SkĂ„ne since it has not been used for five years. Sparbanken Öresund won this action and Swedbank will compensate Sparbanken Öresund for litigation costs. The judgment became legally binding in January 2011.

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Midsona Group AB chooses Setterwalls

March 2011. Press Releases by Setterwalls (view listing).

Midsona Group chooses Setterwalls to handle and administer its intellectual property. Midsona Group has signed an agreement with Setterwalls under which Setterwalls will administer and represent the rights of all companies that are part of Midsona Group’s world wide. Part of Midsona Group are companies such as Maxmedica AB, Maxmedica Oy, Friggs AB, Vitalas AB, Vitamex AB, Midelfart Sonesson AS and Miwana AB.

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STICKSTOP – invention that facilitates the work of midwives – receives protection

March 2011. Press Releases by Setterwalls (view listing).

Setterwalls has advised Mediplast AB in the process of umbilical cord sampling. Previously, sampling has been risky since the midwife can easily prick her hand.

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SKF sells the cage factory in Gothenburg to Japanese company NKC

February 2011. Press Releases by Setterwalls (view listing).

SKF Sverige AB has entered into an agreement which transfers the cage production in Gothenburg to the Japanese component manufacturer Nakanishi Metal Works CO., Ltd. (NKC).

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Leaf won against Antula Healthcare in the Market Court

February 2011. Press Releases by Setterwalls (view listing).

Antula Healthcare AB has motioned for the Market Court to prohibit Leaf Sverige AB from using the expression "sĂ€ker andedrĂ€kt" when advertising its products.Leaf won against Antula Healthcare in the Market Court, no stop to the use of the expression ”sĂ€ker andedrĂ€kt”

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Skanska won contract dispute against Luftfartsverket

February 2011. Press Releases by Setterwalls (view listing).

Luftfartsverket hired Skanska Sverige to construct a parking garage for a turnkey contract comprising 1 800 parking spaces on five levels at Göteborg - Landvetter Airport.

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Setterwalls recruits a specialist in the field of pharmaceuticals and pharmacies

January 2011. Press Releases by Setterwalls (view listing).

Setterwalls recruits a specialist in the field of pharmaceuticals and pharmacies from the Government Offices

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Setterwalls has advised Citicorp North America, Inc. on refinancing

November 2010. Press Releases by Setterwalls (view listing).

In connection with a pre-packaged Chaper 11 of Xerium Technologies Setterwalls has in cooperation with Chadbourne & Parke LLP advised Citicorp North America, Inc. in a refinancing. The financing included a approx.USD 410 million loan.

 

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Alignment Systems AB acquires business from Elmatech AG

November 2010. Press Releases by Setterwalls (view listing).

Alignment Systems AB has acquired all assets and intellectual property rights necessary in order to produce, label, market and sell the MidiSpot Vision Welder worldwide from Elmatech AG.

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Fourth Swedish National Pension Fund (AP 4) – IVALDI SICAV Note Investment

November 2010. Press Releases by Setterwalls (view listing).

Setterwalls has advised the Fourth Swedish National Pension Fund (Sw. FjÀrde AP-fonden), one of the Swedish buffer funds, in an investment through a Luxembourg based investment platform which have been set up by Citigroup and former Citigroup employees to give institutional investors access to Alpha-generating investments.

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Setterwalls has advised Phoenix Pharmahandel GmbH & Co. KG on refinancing

November 2010. Press Releases by Setterwalls (view listing).

Phoenix Pharmahandel GmbH & Co. KG, which is Europe's second largest pharmaceutical wholesaler, has been advised by Setterwalls in cooperation with the German law firm Hengeler Mueller in a comprehensive refinancing.

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Setterwalls recruits Joachim Hagen Pikwer from IKEA

November 2010. Press Releases by Setterwalls (view listing).

Setterwalls continues to strengthen its infrastructure and construction practice by recruiting Joachim Hagen Pikwer. With many years experience at Skanska, Joachim boosts the firm's expertise in construction and property law, as well as project financing. From October 1, Joachim will work from the Stockholm office.

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INSOL Europe has a new Swedish representative from Setterwalls

November 2010. Press Releases by Setterwalls (view listing).

INSOL Europe is part of INSOL International which has more than 7 000 members and is a European organization for specialists in insolvency and reconstructions.

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Bra Bil in transfer of limited partnership company to Hedin Bil

October 2010. Press Releases by Setterwalls (view listing).

Bra Bil has transferred a limited partnership company to Hedin Bil AB. The partnership owns a real property in Gothenburg. Part of Bra Bil's car sales and repair business, which was conducted at the real property, was also transferred to Hedin Bil. Setterwalls represented Bra Bil in the transaction.

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Legal advisor in the HQ matter

October 2010. Press Releases by Setterwalls (view listing).

Setterwalls has been the advisor of HQ AB (publ) since the company publicly announced its requirement to strengthen its capital base due to losses in its trading operation. Setterwalls has, inter alia, advised HQ in connection with the proposed and guaranteed rights issue of SEK 1 billion, and the sale of HQ Fonder to Investment AB Öresund for SEK 850 million to assure HQ’s short-term capital requirement.

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SjÀtte AP-Fonden sells Sportex to Team Sportia

October 2010. Press Releases by Setterwalls (view listing).

Setterwalls has advised SjÀtte AP-Fonden.

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STRABAG wins contract to rebuild mall in TĂ€by, Stockholm

October 2010. Press Releases by Setterwalls (view listing).

Lennart Iwar from Setterwalls advised STRABAG Projektutveckling AB, which is part of the global Strabag AS (listed on Austrian stock market), in negotiations with Rodamco Projekt AB, which is part of the listed French group Unibail-Rodamco SA (one of Europe’s largest real-estate owners) regarding a turnkey project to refurbish and extend the mall in TĂ€by (retail, commercial and residential space).

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Aviagen purchases LantmÀnnen SweChick

October 2010. Press Releases by Setterwalls (view listing).

Aviagen, the world's leading poultry breeding company, purchases LantmÀnnen SweChick AB, the leading poultry supplier for the broiler chicken industry in the Nordic region, by LantmÀnnen. Setterwalls has assisted Aviagen in the transaction.

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Setterwalls has assisted Lobus Mobile AB in an acquisition

September 2010. Press Releases by Setterwalls (view listing).

Setterwalls has assisted Lobus Mobil AB in its acquisition of the business field Mobile Entertainment Business in Sweden, Norway and Denmark from Aspiro, listed on Nasdaq OMX Nordic Exchange.

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Bra Bil in transfer of limited partnership company to Hedin Bil

September 2010. Press Releases by Setterwalls (view listing).

Bra Bil has transferred a limited partnership company to Hedin Bil AB. The partnership owns a real property in Gothenburg. Part of Bra Bil's car sales and repair business, which was conducted at the real property, was also transferred to Hedin Bil. Setterwalls represented Bra Bil in the transaction.

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Legal advisor in the HQ matter

September 2010. Press Releases by Setterwalls (view listing).

Setterwalls has been the advisor of HQ AB (publ) since the company publicly announced its requirement to strengthen its capital base due to losses in its trading operation. Setterwalls has, inter alia, advised HQ in connection with the proposed and guaranteed rights issue of SEK 1 billion, and the sale of HQ Fonder to Investment AB Öresund for SEK 850 million to assure HQ’s short-term capital requirement.

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Setterwalls assists Sofidel S.p.A

July 2010. Press Releases by Setterwalls (view listing).

Setterwalls assists Sofidel S.p.A in relation to the Swedish aspects of its acquisition of the UK LPC Group

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Important decision in the Supreme Administrative Court

July 2010. Press Releases by Setterwalls (view listing).

Setterwalls has assisted listed Navamedic ASA in the Supreme Administrative Court in a matter regarding substitution of pharmaceuticals. The Supreme Administrative Court declares that the lower courts have failed in their handling of the case and finds that the Medical Products Agency's original decision to declare Navamedic's product GlucomedÂź substitutable with Pfizer's product ArtroxÂź. The matter has included an important issue on the placement of the burden of proof.

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Stampen Media Partners investment into Katshing AB

July 2010. Press Releases by Setterwalls (view listing).

Setterwalls has assisted Wazoo AB and its shareholders in the investment made by Stampen Media Partner AB.

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Inpension Asset Management becomes part of Söderberg & Partners

July 2010. Press Releases by Setterwalls (view listing).

Setterwalls has assisted Inpension Asset Management and its shareholders in entering into Söderberg & Partners and the increased co-operation between these companies.

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Top SAS lawyer and new business development role to strengthen Setterwalls

June 2010. Press Releases by Setterwalls (view listing).

Erik Hellners is yet another SAS lawyer to join Setterwalls. Erik will be strengthening the EU & Competition and the Aviation practice groups. His recruitment reflects an increasing demand for advice in these areas. In addition, Marie Öhrström comes on board as Business Development Lawyer. She joins us directly from the Arbitration Institute of the Stockholm Chamber of Commerce where she was vice secretary general.

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The MetroAuto group signs credit facility agreements with Nordea

May 2010. Press Releases by Setterwalls (view listing).

The MetroAuto group, Scandinavia's second biggest retailer of cars, with i.a. the Swedish subsidiaries Svenska Bil i Norden AB and MW Gruppen Stockholm AB, has recently signed agreements for credit facilities with Nordea Bank Finland Plc.

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Setterwalls has assisted Bomhus Energi

May 2010. Press Releases by Setterwalls (view listing).

GÀvle Energi AB and KorsnÀs AB have established a jointly owned company which will invest in a new bioenergy plant in GÀvle

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Three new lawyers to strengthen Setterwalls' environment group

April 2010. Press Releases by Setterwalls (view listing).

Setterwalls is strengthening its position in environmental law in its recruitment of Anders Linnerborg, one of Sweden's leading lawyers in the field and two associates. These new hires reflect the increased importance of the environmental dimension in an ever-growing number of areas in the business world.

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Ramirent strengthens its position in Sweden

April 2010. Press Releases by Setterwalls (view listing).

Setterwalls has acted as legal advisor to Ramirent AB, the Swedish wholly-owned subsidiary of Ramirent Plc, in the acquisition of the rental equipment company Hyrmaskiner i GĂ€vle AB, including its subsidiaries Hyrmaskiner i Mora AB and Hyrmaskiner i Falun AB, operating in GĂ€vleborg and Dalarna under the brand Tidermans Hyrmaskiner. The company's sales amounted to about 7 EUR million annually. The acquisition strengthens Ramirent's presence in the middle of Sweden.

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Setterwalls advise on listing of Arise

April 2010. Press Releases by Setterwalls (view listing).

Setterwalls has advised Arise Windpower AB (publ) in connection with the listing on the Nasdaq OMX Stockholm. Arise is the first Swedish listing on the main OMX list since the start of the financial crisis. In connection with the listing an oversubscribed issue of approximately MSEK 550 is made, exclusive of the over-allotment option. The market value at the listing a total market value SEK 1.75 billion. Several well-reputed institutional investors are among the owners, e.g. Nordea and Third Swedish National Pension Fund.

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Setterwalls advises Thuban AB in its public offer for Ledstiernan AB (publ)

January 2010. Press Releases by Setterwalls (view listing).

Setterwalls is advising Thuban AB (jointly owned by Adam Gillberg and his family together with Monterro Holding and Martin BjÀringer) in its public offer for all shares in Ledsteirnan AB (publ). The shares in Ledstiernan are listed on the NSDAQ OMX Stockholm Stock Exchange.

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Successfully defended a one billion US dollar arbitral award in the Svea Court of Appeal, Stockholm

January 2010. Press Releases by Setterwalls (view listing).

Setterwalls, Clifford Chance and Jones Day have successfully defended a one billion US dollar arbitral award in the Svea Court of Appeal, Stockholm

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E-delegationen föreslÄr en förenklad hantering av e-legitimationer m.m.

November 2009. Press Releases by Setterwalls (view listing).

Setterwalls har bitrÀtt e-delegationen i arbetet med att ta fram underlag för en hÄllbar och framtidssÀker anvÀndning av e-legitimationer och anknytande funktioner för identifiering och elektroniska underskrifter m.m.

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Setterwalls advisor to Kronans Droghandel in relation to the Apoteket transaction

November 2009. Press Releases by Setterwalls (view listing).

Kronans Droghandel Retail AB, as owned by Oriola-KD and KF, will acquire pharmacy cluster 2, which entails 171 pharmacies across Sweden with a total turnover of SEK 4.4 billion and 930 employees. As a result, Kronans Droghandel will buy the second largest cluster company and will be one of the largest players on the new re-regulated pharmacy market. Kronans Droghandel was during its process advised by Setterwalls.

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CSIT acquires Teracom’s broadband business

September 2009. Press Releases by Setterwalls (view listing).

Setterwalls has advised CSIT AB in its acquisition of Teracom AB’s subsidiary Quadracom Networks AB (also known as Comet Networks AB and previously referred to as Teracom Bredband AB). Quadracom has operated the Teracom-group’s broadband business and currently reaches more than 650,000 households and 80,000 businesses in approximately 50 Swedish municipalities.

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Setterwalls assists Arise Windpower:

July 2009. Press Releases by Setterwalls (view listing).

regarding frame contract with GE Energy for the delivery of 57 wind turbines.

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Bergendahl Home Deco acquires Duka Polska

July 2009. Press Releases by Setterwalls (view listing).

Bergendahl Home Deco has acquired 100% of the shares in Duka Polska which presently has 24 stores in Polen and an additional 5-9 stores under development.

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Recruitment from SAS strengthens the aviation group

June 2009. Press Releases by Setterwalls (view listing).

Setterwalls has recruited attorney Magnus Eriksson, from SAS, to the aviation group. Setterwalls has of lately experienced an increasing demand of aviation assignments. These assignments are predominantly comprised of leasing agreements and purchase and loan agreements pertaining to the client’s fleets. Setterwalls’ aviation group represents aviation companies as well as banks and owners/renters with Swedish and international backgrounds.

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Setterwalls top-ranked

May 2009. Press Releases by Setterwalls (view listing).

Chambers and Partners has released their annual ranking and yet again Setterwalls is top-ranked with a first place in Shipping, Setterwalls’ original field of expertise. Chambers writes, among other things, "This ten-strong team impresses with its capacity in both Stockholm and Gothenburg. 
 Sources agree that this is among the most prestigious names in shipping law."

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Setterwalls’ client won patent case in the Supreme Court

March 2009. Press Releases by Setterwalls (view listing).

2009-01-07 - On December 23, 2008, the Supreme Court rendered its decision in a fundamentally significant patent infringement case between Pfizer AB and STADApharm AB

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Clean Tech - A pioneering water purification product is launched globally

March 2009. Press Releases by Setterwalls (view listing).

2009-01-26 - Setterwalls has assisted the environmental technology company, Wallenius Water AB - world leading in sustainable water purification - in the preparation of a joint production with the German company Boll & Kirch of combining an advanced oxidation technology with a self cleaning particle filter.

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Anders Ackebo to join Setterwalls

March 2009. Press Releases by Setterwalls (view listing).

2009-02-16 - From 2 March, Setterwalls will strengthen its Capital Markets group with one of Sweden’s foremost capital markets and corporate lawyers, Anders Ackebo. He comes to Setterwalls from Nasdaq OMX where he headed up the listing and supervisory functions. He led stock exchange supervision there from 2001-2008.

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Peter Sarkia - new partner of Setterwalls

March 2009. Press Releases by Setterwalls (view listing).

2009-02-17 - Peter Sarkia, a partner specialising in M&A, is to leave Hammarskiöld to become a partner and member of the M&A team at Setterwalls.

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Legal Developments in Sweden

Legal Developments and updates from the leading lawyers in each jurisdiction. To contribute, send an email request to