The Legal 500

Wistrand

BALTZAR CITY, SÖDERGATAN 22, PO BOX 4149, SE-20312 MALMÖ, SWEDEN
Tel:
Work +46 40 669 7100
Fax:
Fax +46 40 669 7101
Web:
www.wistrand.se
Email:

What we say about the firm's legal practice in Sweden

Banking and finance

Within Banking and finance, tier 4

At Wistrand, practice head Monica Petersson and Ulf Forsman advised the European Investment Bank on the €400m loan to Saab Automobile. Tommy Grönberg assisted Deutsche Genossenschafts-Hypothekenbank with acquisition financing. The firm applied its restructuring expertise to various mandates related to the financial crisis.

Capital markets

Within Capital markets, tier 4

Debt capital markets specialist Monica Petersson at Wistrand advised Swedish issuers, notably Swedbank, Telefonaktiebolaget LM Ericsson, Akademiska Hus and Landshypotek on bonds and notes issuesunder their respective EMTN and GMTN programmes. Niklas Larsson and Erik Hygrell advise on equity capital markets.

Construction

Within Construction, tier 4

Wistrand handles disputes for contractors, customers and consultants and represents municipalities and public bodies.

Corporate and commercial

Within Corporate and commercial, Wistrand is a third tier firm,

Wistrand’s clients include Choice Hotels, Schibsted and Atea Sverige. Practice heads Robert Kullgren and Lars Hasp provide ‘prompt business and legal advice’. Christian Bergqvist leads a specialist fraud and forensics department. Magnus Forssman in Stockholm and Mattias Boqvist in Gothenburg were promoted to partner.

Dispute resolution

Within Dispute resolution, Wistrand is a second tier firm,

Wistrand’s ‘top-class’ litigation group offers ‘excellent value for money’. Led by Mårten Hulterström in Gothenburg and Jesper Grünbaum in Stockholm, who is commended for his ‘excellent legal knowledge and people skills’, it successfully represented Scania in a €4m arbitration. Lars-Olof Svensson and Andreas Rönnheden successfully defended Öhrlings PricewaterhouseCoopers in the long-running €140m Prosolvia dispute after a 101-day trial. Jörgen Eklund successfully represented DB Real Estate STJ 21 KB against Swedish State alcohol monopoly Systembolaget.

EU and competition

Within EU and competition, Wistrand is a third tier firm,

Olof Alffram at Wistrand represented Shell and Peab in cartel cases and Canal Plus in disputes regarding broadcasting rights to the national Swedish Football league. Ola Wiklund joined Gernandt & Danielsson Advokatbyrå.

Employment

Within Employment, Wistrand is a third tier firm,

Mats Hilmersson at Wistrand focuses on the electronics, telecoms and software sectors. Gunnar Blomberg in Stockholm and Hans Potila Strömsnes in Gothenburg provide ‘high-speed advice and industry specific expertise’.

Energy

Within Energy, Wistrand is a second tier firm,

At Wistrand, Rudolf Laurin represented Göteborg Energi in contract negotiations in relation to the GoBiGas project, while ‘responsive, good listener’ Kristina Forsbacka advised the Swedish Energy Agency. Other key clients include Triventus and Partille Energi.

Environment

Within Environment, Wistrand is a second tier firm,

At Wistrand, Gothenburg-based Rudolf Laurin’s team assisted Lunnekullen Vindkraft with permits for an on-shore wind farm, Jönköping Energi for a heat generation plant and Renova for a waste treatment facility. Volvo Cars is a major client.

IT and telecoms

Within IT and telecoms, tier 4

At Wistrand, Lars Davidsson and his team provide broad IT expertise including dispute resolution and transactional support. Peter Helle and Magnus Moström represent ePhone in Sweden’s first court case concerning the disclosure of user information.

Insolvency

Within Insolvency, Wistrand is a first tier firm,

At Wistrand, the ‘excellent’ Christian Bergqvist in Stockholm, and Margareta Andersson in Gothenburg specialise in corporate restructuring and recovery, handling over 200 liquidations, including Skandinaviska Metmo and Moderna Finance, and advised EIB on its lending to Saab.

Insurance

Within Insurance, Wistrand is a first tier firm,

Wistrand represents ‘excellent value for money’. ‘Clear communicator’ Jörgen Eklund advised Hiscox on the reorganisation of its Swedish insurance business.

Intellectual property and media

Within Intellectual property and media, Wistrand is a third tier firm,

Wistrand is the Swedish member of the Global Advertising Lawyers’ Alliance. The ‘knowledgeable and responsive’ Michael Plogell and copyright expert Olof Alffram advise Swedish and international clients.

Mergers and acquisitions

Within Mergers and acquisitions, tier 4

Wistrand provides ‘high partner presence at a reasonable price’. Robert Kullgren advised Schibsted on the divestiture of Metronome Film & Television. Lars Hasp advised Atea on the acquisition of parts of the Office Document Group. Magnus Forssman, ‘who combines excellent negotiating skills with a great legal mind’, and Mattias Boqvist were promoted to partnership.

Real estate

Within Real estate, Wistrand is a third tier firm,

At Wistrand, Gothenburg-based Per Dalemo assisted longstanding clients Choice Hotels Scandinavia and Home Invest. The five-partner practice, commended for its ‘good response times and negotiating’ was strengthened by Lars Gahnström from Mannheimer Swartling.

Shipping

Within Shipping, Wistrand is a second tier firm,

Lave Beck-Friis’s Gothenburg-based team at Wistrand handles traditional shipping and finance-related work. It ‘provides a good service and knows the industry’. Clients include Stena Line, Scandlines and the Swedish Shipowners Association.

Tax

Within Tax, Wistrand is a third tier firm,

At Wistrand, Conny Otteland in Stockholm, Margareta Andersson in Gothenburg and litigator Börje Leidhammar advise on corporate, private and capital taxation, EC tax law and VAT.


Legal Developments by:
Wistrand

Legal Developments in Sweden

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

    How can the government’s attitude and approach to internet issues best be described? Sweden has been at the forefront in deregulating the telecoms market and has encouraged the growth of competition in the broadband supplier market.
  • The Swedish Market Court prohibits airport operator Swedavia and its contractor EuroPark from...

    abusing their dominant positions by imposing unfair fees for taxis
    - Delphi
  • Unclear rules impact adversely on Swedish real estate market

    Unclear tax rules deter real estate investors and in the worst case may impact on new construction in Sweden. Today there is a risk that the Swedish real estate market will be drained of billions of kronor. The reason lies in the unpredictable application of a complex regulatory framework for taxation of real estate. In recent years, the law and its application has become more and more unpredictable and difficult to interpret.
    - Delphi
  • Enhanced deduction for corporate expenses on research and development

    Sweden is - in relative terms - one of the leading countries in the world within research and development. Most part of research and development in Sweden is financed by the industry, with a total contribution of 83 billion SEK in 2007.
    - Delphi
  • Simplified expert tax

    The purpose of the rules when they were introduced was to strengthen Sweden’s international competitiveness and to create incentives for companies to choose Sweden for start-ups and encourage companies to locate or retain leading management functions in Sweden.
    - Delphi
  • NORDIC SURVEY 2011

    The following results are based on an on-site survey of conference attendees, conducted by the law firm Delphi at the unquote” Nordic Private Equity Congress held in Stockholm on 31 May 2011. The survey captures the views of approximately 100 attendees representing all areas of the private equity industry.
    - Delphi
  • EU Directive Introduces a 5 per cent Risk Retention Requirement

    The Swedish Capital Adequacy and Large Exposures Act (Sw. Lag (2006:1371) om kapitaltäckning och stora exponeringar) has been amended as part of the implementation of the Capital Requirement Directive (2009/111/EC) (CRD II). The Swedish Financial Supervisory Authority (Sw. Finansinspektionen) (SFSA) has also issued detailed regulations (FFFS 2007:1) (as amended) implementing CRD II.
    - Delphi
  • New Remuneration Regulations

    The Swedish Financial Supervisory Authority (Sw. Finansinspektionen) issued new regulations on 1 March 2011, introducing new requirements for finan cial institutions to implement remuneration policies that are consistent with their long-term financial results.
    - Delphi
  • ESMA – A new European Supervisory Authority

    As of 1 January 2011, a new system for the supervision of the European financial market is in place.
    - Delphi
  • Increased Deposit Insurance

    The deposit insurance is a state-provided guarantee of deposits in respect of all types of accounts at banks and securities companies. The deposit insurance was as of 31 December 2010 increased to EUR 100,000 per customer from the previous level of EUR 50,000.
    - Delphi