The Legal 500

Baker & McKenzie Advokatbyra

LINNÉGATAN 18, PO BOX 5719, 114 87 STOCKHOLM
Tel:
Work +46 8 566 177 00
Fax:
Fax +46 8 566 177 99
Web:
www.bakermckenzie.com
Email:

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

Banking and finance

Within Banking and finance, tier 4

Baker & McKenzie Advokatbyra’s impressive client list includes HSBC. Leif Gustafsson and Cecilia Bjelle advised ING REIM on the €521m refinancing of its Nordic Property Fund. They represent a consortium including NIAM, JarlAM and Carval Investors financing a landmark development in Stockholm’s city centre. Tord Svensson is ‘a proactive problem solver’.

Capital markets

Within Capital markets, tier 4

Baker & McKenzie Advokatbyra’s team, headed by Cecilia Bjelle, acted for börse-stuttgart Holding in its acquisition of Nordic Growth Market NGM, one of Sweden’s two securities exchanges, from NGM Holding; and advised West Siberian Resources on its merger with Alliance Oil.

Construction

Within Construction, Baker & McKenzie is a third tier firm,

At Baker & McKenzie Advokatbyra, Jan Alexanderson and Maurice Silverstolpe ‘combine good judgment with sound business advice’ on property development and infrastructure matters. Clients include Diligentia and government-owned Jernhusen Group. In 2008, the practice advised Nordic Airport Properties on construction agreements worth SEK1.5bn.

Corporate and commercial

Within Corporate and commercial, Baker & McKenzie is a second tier firm,

At Baker & McKenzie Advokatbyra, Robert Fröman advises major Swedish corporations, notably within the food, airline and transportation industries. Carl Svernlöv, also a professor of corporate law at Uppsala University, offers specialist advice on corporate law and corporate governance. Highlights of 2008 include advising the Royal Opera in Stockholm on media and contractual law issues. Stefan Brandt represented Specsavers Optical Group and Specsavers Blic Franchise.

Dispute resolution

Within Dispute resolution, Baker & McKenzie is a third tier firm,

Baker & McKenzie Advokatbyra’s Stefan Bessman and Jonas Benedictsson – commended for his ‘exceptional brainpower and commitment’ – are lead counsel in the multi-jurisdictional LUKOIL arbitrations against PetroKazakhstan. The six-lawyer team works with the firm’s global network, and ‘provides a high level of service’. It is representing Coinstar Inc in an ongoing arbitration.

EU and competition

Within EU and competition, Baker & McKenzie is a third tier firm,

Baker & McKenzie Advokatbyra’s team, headed by Leif Gustafsson, represented Brenntag Nordic before the Swedish Competition Authority in relation to its acquisition of Köping Divestment Business. It successfully defended power producer Ekfors Kraft before the Swedish Market Court.

Employment

Within Employment, Baker & McKenzie is a second tier firm,

Sten Bauer’s ‘simply excellent’ six-lawyer team at Baker & McKenzie Advokatbyra advises multinational companies on collective redundancies, outsourcing and business transfers. Clients in 2008 included Jones Lang LaSalle and Carnegie Investment Bank.

Environment

Within Environment, tier 4

Baker & McKenzie Advokatbyra advises on laws and regulations concerning the chemical and paint trades.

IT and telecoms

Within IT and telecoms, Baker & McKenzie is a third tier firm,

Baker & McKenzie Advokatbyra’s Stefan Brandt has ‘extensive, in-depth experience’ advising clients including TradeDoubler and the Swedish Space Corporation. Work covers transactional support and IT contracts as well as regulatory and licence issues. The firm advised Söderberg & Partners on the purchase of financial services software developer Mantacore.

Insurance

Within Insurance, Baker & McKenzie is a first tier firm,

Baker & McKenzie Advokatbyra’s practice increased by 40% during 2008. Clients include Cigna Life Insurance Co, Sparebank 1, and Swiss Re. In 2008, group head Stefan Bessman successfully represented some 50 reinsurers who were awarded over €45m against the estate of bankrupt credit insurer Svenska Kredit. Jonas Benedictsson handles P&I insurance claims.

Intellectual property and media

Within Intellectual property and media, Baker & McKenzie is a third tier firm,

Baker & McKenzie Advokatbyra’s Stafan Brandt represented SEIKO Watch Corporation in a dispute regarding trade-mark infringement and unauthorised parallel imports. Media expert Mattias Hedwall specialises in TV production. Clients include Publicis Groupe and Sweden’s Royal Opera.

Legal market

Within Legal market,

Baker & McKenzie Advokatbyra is expanding its Swedish presence, supported by a combination of local talent and global reach. It has boosted its ranks by recruiting a team of TIME/M&A lawyers from Lindahl.

Mergers and acquisitions

Within Mergers and acquisitions, Baker & McKenzie is a third tier firm,

Baker & McKenzie Advokatbyra’s Carl Svernlöv is ‘excellent, pragmatic and available 24/7’ and ‘anticipates clients’ needs’. With co-head Sten Bauer, Svernlöv handles increasingly large deals. In 2008, the firm advised Ratos on its €139m acquisition of the train maintenance operations EuroMaint from Swedcarrier. Major clients include Sun Microsystems and SAS. Anders Fast is ‘professional, acute and sharp-minded’.

Real estate

Within Real estate, Baker & McKenzie is a third tier firm,

Baker & McKenzie Advokatbyra’s international client base includes Northern Logistic Properties ASA. ‘Vastly experienced’ Mauritz Silfverstolpe and ‘clever negotiator’ Anders Fast advised a Norwegian fund established by First Securities on the acquisition of a €100m property portfolio from Systembolaget, the government-owned Swedish Alcohol Retail monopoly.

Shipping

Within Shipping, Baker & McKenzie is a third tier firm,

Baker & McKenzie Advokatbyra draws on the resources of its international practice for its shipping work.

Tax

Within Tax, Baker & McKenzie is a second tier firm,

Baker & McKenzie Advokatbyra has ‘outstanding expertise’ in VAT and indirect taxation. ‘Skilled-practitioner’ Bo Lindqvist advised Sun on the Swedish elements of its acquisition of MySQL. Mika Punkki advised Alimak HEK group worldwide on major restructuring of the group’s VAT compliance and reporting.


What we say worldwide

Please choose another Baker & McKenzie office to view full details of what we say in that region, or choose from this list to view a specific editorial reference in context.

Australia

Offices in Sydney and Melbourne

Austria

Offices in Vienna

Azerbaijan

Offices in Baku

Belgium

Offices in Brussels, Antwerp, and Brussels

Bahrain

Offices in Manama

China

Offices in Beijing and Shanghai

Czech Republic

Offices in Prague

Germany

Offices in Berlin, Frankfurt, Dusseldorf, and Munich

Egypt

Offices in Cairo

Spain

Offices in Madrid and Barcelona

France

Offices in Paris

Ghana

Hong Kong

Offices in Hong Kong

Hungary

Offices in Budapest

Indonesia

Offices in Jakarta

India

Italy

Offices in Rome, Milan, and Bologna

Japan

Offices in Tokyo

Kuwait

Kazakhstan

Offices in Almaty

London

Offices in London and London

Libya

Malaysia

Offices in Kuala Lumpur

Netherlands

Offices in Amsterdam

UK Overview

Philippines

Offices in Makati

Poland

Offices in Warsaw

Qatar

Russia

Offices in Moscow and St Petersburg

Sweden

Offices in Stockholm

Singapore

Offices in Singapore

South Korea

Saudi Arabia

Offices in Riyadh

Switzerland

Offices in Zurich and Geneva

Taiwan

Offices in Taipei

Thailand

Offices in Bangkok

Ukraine

Offices in Kiev

US

Offices in Washington DC, Palo Alto, New York, Miami, Dallas, Chicago, San Diego, San Francisco, and Houston

Vietnam

Offices in Hanoi and Ho Chi Minh City

Legal Developments by:
Baker & McKenzie

  • Tax Reforms Towards the Creation of an International Financial Center in Russia

    In December 2009 the Russian Parliament adopted important changes further promoting the Russian holding companies regime. Starting from January 1, 2011 Russian holding companies will no longer be required to meet the present 500 million ruble threshold for investments made into companies qualifying as “strategic investments” to receive tax benefits.
    - Baker & McKenzie

Legal Developments in Sweden

Legal Developments and updates from the leading lawyers in each jurisdiction. To contribute, send an email request to
  • Earn-out Models for Mergers and Acquisitions

    Buyers and sellers often have different views on how much a target is worth and how its value should best be determined. Normally, the valuation of a company is based on both its past performance and its projected future performance. While the seller may be confident of the company's future growth, the buyer may be reluctant to assume the risk of the company failing to perform as expected by paying the seller the whole purchase price upfront. In some cases this problem can be mitigated by the parties agreeing on the introduction of an earn-out provision into the transaction, thus spreading the risk between the seller and buyer.
    - Delphi
  • Construction Company Wins Protracted Dispute on Illegal Industrial Action

    A Latvian company, Laval un Partneri Ltd, with its principal offices in Riga, supplied around 35 workers for construction work on a number of sites in Sweden, including in Vaxholm, from May to December 2004. The work was to be performed by Laval's subsidiary, L&P Baltic Bygg AB.
    - Delphi
  • Commission v Germany: A New Approach on In-house Providing?

    On June 9, 2009 the European Court of Justice (the ECJ) handed down its judgment in Commission v Germany (C-480/06).1 The case, the facts of which are described below (see section 3), concerns the scope for co-operation between local authorities without the need for a tendering procedure in accordance with the detailed rules of Directive 92/50 (which in all aspects relevant to this article are the same as in the new Directive 2004/18).2 At first glance the judgment may appear to the reader to be contradictory to the ECJ’s settled case law on what the Court itself refers to as in-house providing (the so called Teckal doctrine, described in further detail below in section 2).3 Consequently the judgment has, in Sweden as well as in other Member States, given rise to discussions among those active within the field of public procurement. Some commentators have even expressed the view that the judgment in Commission v Germany represents a new approach on in-house providing.
    - Delphi
  • News: October 2009

    The latest legal developments
    - Delphi
  • Changes in Swedish legislation on wind power

    – the opportunity the energy sector has been waiting for?
    - Delphi
  • Ethical rules on marketing – an obstacle merely in the USA?

    The Göta Court of Appeal held in its judgment on 19 November 2008 that certain doctors could be convicted of accepting bribes – but not the suppliers. A decision which gives some food for thought…
    - Delphi
  • Whistleblowing

    Whistleblowing is a system under which employees in a company can report serious irregularities in the company aside of the normal reporting channels.
    - Delphi
  • Criminal liability for faulty registration -

    - for faulty registration of management participation programmes in privately held companies
    - Delphi
  • New rules on public takeovers on the Swedish stock market

    The rules enter into force on 1 October.
    - Delphi
  • Record fines of SEK 500 million in the asphalt cartel

     – are higher fines to be expected in the future?
    - Delphi