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Press release 18th of December 2018
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On June 1, 2017 the Swedish Government decided to instruct an investigatory committee to analyze the potential actions or measures necessary to efficiently ensure that sufficient collateral security is in place in mining operations for remediation and other restorative measures. The investigation adopted the name the âThe investigation into financing regarding mining wasteâ and was submitted to cabinet minister Karolina Skog in June 2018 (SOU 2018:59).
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Foyen has advised Australian mining company Dragon Mining Limited in its listing of shares on the Hong Kong Stock Exchange (HKEX) on 5 November 2018. Dragon Mining is principally engaged in gold exploration, mining and processing with operating mines, pre-production mining assets and production plants in Sweden and Finland. Foyen's assignment has included environmental/permitting and corporate due diligence regarding the Swedish operation. The listing comprised a public offering for a total of 50,000,000 shares and the total funds raised were approximately HK$101 million(116 MSEK).
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The renewable energy company OX2 has been engaged to construct four wind power farms with 25 wind power plants (107.4 MW) in Finland. This will be the largest unsubsidised wind power project to date in the Nordic region.
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By lawyer/partner Pia Pehrson and associates Pelle Stubelius and Ludvig
Gustafson, Foyen Advokatfirma
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By Pia Pehrson, partner, and Pelle Stubelius, associate; Foyen
Advokatfirma
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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 competitorâs 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: