Setterwalls > Gothenburg, Sweden > Firm Profile

Setterwalls
SANKT ERIKSGATAN 5
PO BOX 11235
404 25 GÖTEBORG
Sweden

Sweden > Banking and finance Tier 1

Setterwalls‘ deep banking and finance bench houses expert practitioners across the entire range of disciplines. Dominant financial institutions including all major Nordic banks instruct co-head Mikael Magnusson, Carl Lindencrona handles a range of debt financing transactions, and co-head Jesper Kuschel leads on high-value real estate transactions for lenders and borrowers. Showcasing his industry reputation, Åke Fors is retained by major government bodies including the Swedish Central Bank to advise on export credit and multilateral lending issues. The regulatory practice, which fields counsel Andreas Löfholm, was strengthened by the recruitment of specialist counsel Tobias Björklund from the Swedish FSA. Jonas Frii also contributes to the practice.

Testimonials

‘A true banking team – it is clear they know what they are doing.’

‘Carl Lindencrona is an excellent lawyer.’

‘Exceptionally hands on and available partners. Always on top of their cases.’

‘Mikael Magnusson and Carl Lindencrona are the ones to note – both great and still hungry partners building their practice into one of the leading firms in Stockholm.’

‘The firm’s banking and finance practice is taking its place as one of the undisputed leaders in the Swedish market.’

‘Mikael Magnusson is by far one of the most hands-on partners that you will find amongst the Nordic top law firms. He combines excellent and relevant advice based on deep industry knowledge. Adding unparalleled project management and focus on the items that really matters for his clients makes him our most appreciated adviser out there.’

Key clients

Swedish Central Bank

The Seventh Swedish National Premium Pension Fund (AP7)

The Fourth Swedish National Premium Pension Fund (AP4)

Swedish Government

Walleniusrederierna

Arise AB

Ness, Risan & Partners AS

Lansa Fastigheter AB

Banco Santander SA

Adapta Fastigheter AB

Swedbank AB

Skandinaviska Enskilda Banken AB

Svenska Handelsbanken AB

Nordea

Helaba

Volvo Treasury AB

Work highlights

  • Advised Citigroup Global Markets Limited, J.P. Morgan AG and Carnegie Investment Bank AB as joint global coordinators and joint bookrunners in connection with CELLINK’s offering of senior unsecured convertible bonds convertible into class-B shares and a class-B share issuance in an overall amount of SEK3bn.
  • Advising Nordisk Bergteknik in connection with a total refinancing of existing loan facilities and a bond loan in connection with an IPO of the shares of Nordisk Bergteknik on Nasdaq Stockholm.

Sweden > Data privacy and data protection Tier 1

The IT team at Setterwalls has expertise in a vast range of data protection and privacy matters, including cybersecurity matters. The head of the IP and technology practice group Fredrik Roos regularly advises on complex privacy matters related to the introduction of modern technologies and services and leads on GDPR compliance projects. Joacim Johannesson assists banks and fintech companies with cybersecurity assessments and consumer data processing requirements. Co-head Jörgen Axelsson handles data privacy issues in the healthcare sector, while Sophia Spala focuses on data protection matters in complex commercial and regulatory environments. Marc Tullgren is also recommended.

Testimonials

‘The Setterwalls privacy team are always available and ready to give useful and practical advice even if the matter or issue is vague or complicated.’

‘Niklas Follin delivers practical advice that is always business minded and on time. A star in my view.’

‘Ability to respond quickly.’

‘Quick and reliable information with quality; professionalism; friendliness.’

‘The team is always ready to provide relevant guidance to the client, regardless of client’s own maturity. Setterwalls has shown broad and deep understanding of the data privacy and data protection practice within Europe.’

‘Partner Fredrik Roos has a unique understanding of the data role in future business model. He has ensured that our Company is well protected against future unknowns without limiting the possibility to work with partners, customers and suppliers in a good way.’

‘Versatile practice group but we primarily work with Fredrik Roos.’

‘Fredrik Roos is very pragmatic and leads projects independently.’

Key clients

Stena Line AB

Novacura AB

Talentwise AB

Ford Motor Company AB

Alligator Bioscience AB

Novo Nordisk Scandinavia

Safeture AB

Ascelia Pharma AB

The Central Bank of Sweden

Agency for Digital Government (DIGG)

Trustly Group AB

FNZ Group

Embark Studios AB

Doktorse Nordics AB

Work highlights

  • Represented The Central Bank of Sweden in several IT and Data Protection related matters.
  • Assisted Doktorse Nordics AB with all significant IT and privacy matters and several negotiations where Doktor.se, besides its ordinary healthcare operations, provides its telemedicine platform to other healthcare players.

Sweden > Energy Tier 1

The ‘fantastic’ team at Setterwalls provides ‘razor-sharp legal advice with ease’, leveraging its ‘deep industry experience in relation to all aspects of renewable energy projects’, particularly wind energy matters including permitting work and environmental issues. Beyond wind, the group also has experience in biofuel, battery storage, district heating, nuclear, solar and hydroelectricity mandates. In Malmö, transactional specialist Jonas Frii and environmental expert Tove Andersson lead the practice alongside Martin Sandgren in Stockholm, who is a key contact for international energy and infrastructure projects.

Other key lawyers:

Testimonials

‘Setterwalls is one of the most experienced law firms in Sweden in the energy sector and consequently they can offer razor sharp legal service with ease. A strong customer focus in combination with high partner attention enables Setterwalls to be a rock in stormy waters, if you need one, as well as a swift service provider in day to day operations. Simply a full fledged law firm covering everything an industrial player like us needs.’

‘Very competent, and service minded partners and associates, bringing a lot of new ideas “to the table”, very valuable when on a transition journey. We truly appreciate working with Setterwalls.’

‘Jonas Frii’s team is more than a well oiled machine – they are up with the best in Europe.’

‘Jonas Frii is the best energy lawyer in the Swedish market – if it comes to energy transactions there is no-one in the market that can match his capabilities, negotiation skills, legal and business acumen and stamina.’

‘The team is fantastic, they lead us through multi-billion kronor deals with perfect diligence and in an astute, extremely business oriented way. Must also say that the interpersonal relationships are outstanding.’

‘From a customer perspective, one of Setterwalls strengths lies in seamless team work. Offering the right competence on time, as well as a dynamic up- and down-scaling of resources, as needed, goes with ease. Jonas Frii, as partner, stays close to the customer and orchestrates elegantly the work of the team. It has always been a pleasure to work with the different experts. Just to mention one, Johan Göransson, did a great job.’

‘Tove Andersson – Very efficient, direct and possesses an impressive capability to identify the core of a problem or what could be relevant to us as a client. Jonas Frii – A great strategist with an unquestionably determination to put our needs first. Bruno Neumann – Very reliant with a first class service, providing relevant and clever advice extremely swiftly. Johan Göransson – Very reliant and structured. A great capability to identify relevant issues. A proactive approach.’

‘Setterwalls has a broad team with very experienced lawyers in the Energy sector. Both Jonas Frii and Martin Sandgren are excellent lawyers and really know the industry.’

Key clients

Aquila Capital

Marguerite (The 2020 European Fund for Energy, Climate Change & Infrastructure)

Fontavis AG

ewz (City of Zürich renewable energy investment vehicle)

Arise AB

Stena Renewable AB

Axpo

Sydvatten AB

Platina Energy Partners Ltd.

Prime Capital

Rabbalshede Kraft AB

CEE Group (Brookfield Asset Management)

Eurowind Energy AB

Norddeutsche Landesbank (Nord/LB)

Ringhals (nuclear power plant)

SBM Offshore Inc.

Hydro Energy

MAHA Energy

EcoWave Power

BillerudKorsnäs

Vattenfall AB

Capital Dynamics Clean Energy Infrastructure

Octopus Renewables Infrastructure Trust

Helios AB

Commerz Real AG

Axel Johnson Aktiebolag

Axfood AB

Martin & Servera

RWE Renewables Sweden AB

Hexicon AB

Lundin Energy

Hydro REIN Invest

Falkor

Liquid Wind

Enlight Renewable Energy Ltd (ENLT)

Prime Green Energy Investment Fund

Work highlights

  • Representing Arise AB in two complex permit processes, as well as advising on an agreement with The Renewables Infrastructure Group Limited and funds managed by InfraRed for the sale of the wind farm projects Ranasjöhöjden and Salsjöhöjden, in total comprising 242 MW of renewable energy.
  • Advised Axel Johnson Aktiebolag in connection with a long-term financial power purchase agreement with Alight AB.
  • Successfully assisted Tvinnesheda Energi AB, a company within the Stena Renewable sphere, in a guiding case regarding final turbine dimensions for a wind farm in southern Sweden at the Land and Environment Court of Appeal.

Sweden > Environment Tier 1

Setterwalls ‘puts together a very competent and collaborative dynamic team with a holistic approach’ to regulatory, transactional and contentious work including advising on water rights issues, renewable energy projects, operational matters and legislative work. The group acts for a broad range of domestic and global clients and has recently been advising Harvard University on the novel SCoPEx project, which relates to developments in solar geoengineering technology. Anders Linnerborg heads up the team and is active in water matters and permitting issues. Other key names include Tove Andersson , who was recently appointed as an expert in an inquiry by the Ministry of Environment; Malin Wikström, who regularly handles permit applications; and Linnea Ljung, who ‘provides very sound and solution-focused advice’.

Practice head(s):

Testimonials

‘Overall very strong support and commitment to drive clients interest.’

‘Linnea Ljung – excellent qualifications and great drive to represent clients interest as well as great collaboration with internal and external stakeholders and teams.’

‘They are a very good team and they are always well prepared for our meeting. Easy to understand. I can highly recommend this team!’

‘They get back to us very quickly, always one expert with us when we have a meeting and they are easy to understand. Tove is very dedicated and inspiring, we would highly recommend her!’

‘A dedicated team, bringing a variety of competencies to the table, being able to successfully lead through complex matters in reasonable time and for reasonable costs also in difficult times.’

‘We have valued the efficiency and pertinacity in dealing with matters, the ability to sort the relevant aspects in a wide group of stakeholders and interests and the open calm and friendly way of communicating with the clients and counterparts. Good response times.’

‘It is nice to have one contact person, who also makes sure that what we get is of high quality. In general high quality work and personnel with excellent competence.’

‘Tove Andersson is the best environmental lawyer in Sweden that I know of! She has great knowledge, but also the ability to listen in and adjust when she gets new knowledge. Our field of work is continuously evolving and legal practice and courts interpretation changes often. She helps us interpret new verdicts quickly and accurately and assists us in all environmental matters. Of course she has a legal team to help her, but she makes sure that all is of high quality.’

Key clients

Borås Energi och Miljö AB

Borås Stad

Arise AB

AB Sydsten

Stena Renewable AB

Svevia AB

Svenska Kaolin AB

Lindab AB

Skanska Öresund AB

Befesa Scandust AB

Sydvatten AB

Clarendon House Capital

Rabbalshede Kraft AB

Veidekke Industri AB

SKF AB

BJC Group

Titan X Holding AB

Bertling Enviro AB

Samgräv Recycling AB, part of Bellman Group

NCC Industry AB

Clarios EMEA

Eurowind Energy AB

Orkla Foods Sverige AB

Sveriges geologiska undersökning

Harvard University

Jönköping Energi AB

ÅGAB Syd AB

Scandinavian stone AB

Naturstenskompaniet Sverige AB

O Kavli AB

Svevia AB

Swedavia AB

Port of Gothenburg, City of Gothenburg

Work highlights

  • Advised Harvard University on the project SCoPEx. The SCoPEx project test would have tried out delivery equipment that might be used in a later experiment to release a tiny amount of reflective material 20km into the atmosphere, to help researchers better understand how such “solar geoengineering” might help cool the planet.
  • Assisting longstanding client, Stena Renewable on multiple projects including assisting Tvinnesheda Energi AB, a company within the Stena Renewable sphere, with a guiding case regarding final turbine dimensions for a wind farm in southern Sweden at the Land and Environment Court of Appeal.
  • Representing Östhammar municipality regarding Svensk Kärnbränslehantering AB’s ongoing permit application proceeding for a repository of spent nuclear fuel from Swedish nuclear reactors.

Sweden > Healthcare and life sciences Tier 1

Setterwalls provides a full-service healthcare and life sciences offering which combines the expertise of leading partners across a number of key areas. Particularly impressive is Helena Nilsson‘s regulatory practice, as applied to issues of classification, authorisation, market access and distribution in strictly regulated industries including the cosmetics, medtech and food sectors. Marcus Nivinger, Jörgen Axelsson and Richard Hammarvid lead on the breadth of capital markets and corporate activity, and the practice also has an impressive IP element under Per Lidman and Martin Levinsohn, in regards to both commercial and contentious work.

Other key lawyers:

Testimonials

‘The team at Setterwalls always brings experience, energy and genuine interest to a project. They are relentless in the pursuit of the client’s objective. From the start, they display a thorough understanding not only regarding the technology involved but of the most pragmatic way forward. This interest and understanding also confers that more as a rule than an exception, they find new angles and arguments not covered by or included in the instructions provided.’

‘Top-quality team, very responsive and creative problem solver.’

‘The team are highly professional while still personal in their communication. This allows them to recognize our needs and translate them in to sound advice and services. They have a collaborative way of working allowing them to allocate the right competency needed for each assignment.’

‘The team has a strong track record within and outside the field of life sciences. They have an interdisciplinary approach and are highly skilled and professional. They proved to us that they have a strong global network of partnering law firms in various territories, among others. They always walk the extra mile and always think of the best possible outcome for the customers product(s)/asset(s)/company.’

‘Helena Nilsson: Practice: very good knowledge about Swedish Pharma market and legal environment; high responsiveness and to-the-point work results.’

‘Martin Levinsohn at Setterwalls has an impressive knowledge and understanding about legal strategies based on the factual circumstances.’

‘Hanna Sonning and Richard Hammarvid, accessible at all times. Understand the start-up arena and the need for agreements that will cover a range of future scenarios.’

‘The individual team members are customer focused and very attentive to any input given. The result is a highly adaptive and flexible deliveries. Our main contact, Richard Hammarvid, while delivering high quality services stemming from expert knowledge, still maintains a close collaborative and easily accessible interface to us in every inquiry we bring. This level of service enables a professional partnership which tends our every need.’

Key clients

Saniona AB

Isofol Medical

Index Pharmaceuticals

Klaria Pharma

Doktorse Nordic

OncoZenge AB

Recipharm AB

Promore Pharma AB

Moberg Pharma AB

Galecto Biotech

Orifarm Generics

Sandoz

Abboxia

Abacus Medicine

Apoteksgruppen i Borrby

Nordic Trading Group

Work highlights

  • Advising Nordic Trading Group on its appeal of the Medical Products Agency’s decision to prohibit online sales of CBD products to consumers in Sweden.
  • Advising Orifarm on its acquisition of Takeda’s portfolio, including merger control aspects.
  • Advised innovative biotech company Isofol Medical AB when entering into its first definitive license agreement with Solasia Pharma K.K, a specialised oncology company headquartered in Japan, to develop and commercialize Isofol’s proprietary late-stage drug candidate arfolitixorin in Japan.

Sweden > Intellectual property and media Tier 1

Setterwalls is noted in the market for the breadth of its intellectual property practice, which encompasses matters involving patents, copyrights, and marketing. Martin Levinsohn is the key partner in patent litigation, representing clients in the Swedish elements of cross-border disputes, while Sophia Spala and Per Lidman have broad practices across contentious and non-contentious trade mark and copyright law. Fredrik Roos focuses on transactional IP matters, such as licensing work, R&D agreements and joint ventures, with a particular specialism in the technology sector.

Testimonials

‘Per Lidman’s advice was highly appreciated and he was very solution oriented.’

‘The team at Setterwalls always brings experience, energy and genuine interest to a project. They are relentless in the pursuit of the client’s objective. From the start, they display a thorough understanding not only regarding the technology involved but of the most pragmatic way forward. This interest and understanding also confers that more as a rule than an exception, they find new angles and arguments not covered by or included in the instructions provided.’

‘Martin Levinsohn is one of the most experienced and knowledgeable patent litigators in the Swedish market. His attention to detail and quality as well as the big picture are impeccable. Per Lidman is as experienced, a great presenter and team leader who has a genuine interest in the technology involved and often finds new arguments or solutions to more challenging scenarios. They are both persons you always want to have on your litigation team.’

‘Sophia Spala and the team at Setterwalls have been invaluable consultants in the early stages of setting up protection for our brand. I would highly recommend Sophia Spala and Setterwalls to our peers.’

‘Fredrik is to the point, extremely service minded and has in-depth knowledge of the relevant IP laws. Fredrik has the ability to communicate complex matters in a simple manner, so that the client is able to understand the issues at stake and make a well thought out decision on how to proceed.’

‘The team shows relevant and high quality expertise within the area but can at the same time convert this expertise into concepts that are easily digestible for people who do not have legal expertise. They have shown their ability to draft complex IP regulations and supported in negotiations of the same.’

‘They are easy-going, hard-working and with an exceptional business understanding that expands well beyond what could be expected by a firm within this practice. The individuals are determined to find solutions and always working hard to find a way forward with the client’s best interest in mind. Fredrik Roos’ knowledge within the IP area has been vital to the success of my Project.’

‘Sophia Spala is a very complete lawyer. She is smart and fast. She understands the client’s situation and adapts to it, without compromising her integrity. In addition, she is very nice and easy to work with.’

Key clients

Coop Sverige AB

Finansiell ID-teknik BID AB

Sophiahemmet

FlixMobility

Diageo

Komplett AS/Webhallen AB

Mynewsdesk

Bulgari

Simplex

Stockholms stadsteater

Lyft

General Motors

Teva

Sandoz

Orifarm

Fresenius Kabi

Abacus Medicine

Boozt Fashion AB

Cloetta

Alligator Bioscience

Novo Nordisk

Dynapac

Fristads

Resurs Bank

SWEP International (Dover)

Rockwool

Kompan

Specsavers

Life Euro AB

Power Factors LLC

Rivian IP Holdings

EQT

Visit Sweden

Oaktree Capital/Power Factors

Work highlights

  • Representing Orifarm in a patent dispute.
  • Handling the Swedish trade mark portfolio of Diageo and acting as local counsel for the Diageo Group (including all companies within the group) with ongoing legal support in IP matters, particularly trade mark matters.
  • Representing Jollyroom, the Nordic region’s largest e-commerce company in children’s and baby products, as the claimant in several disputes on improper market practices.

Sweden > IT and telecoms Tier 1

The ‘friendly, professional and efficientSetterwalls is a full-service firm that is well regarded in the market for digital transformation and data protection work. It acts for large international clients, as well as smaller domestic players, from its nationwide network of offices. Jörgen Axelsson has considerable experience in outsourcing transactions, major systems procurements and disputes, while Joacim Johannesson is a name to note for fintech transactions. Fredrik Roos is recommended for projects involving new technologies, such as AI and the Internet of Things (IoT). Marc Tullgren is another key practitioner.

Other key lawyers:

Testimonials

‘Good knowledge on IT-outsourcing in the financial industry.’

‘Niklas Follin has proven to be a very thorough and structured person.’

‘With their diverse expertise, the team stands out in providing legal advice on complex and diverse issues.’

‘They are always available.’

‘Niklas Follin excels in grasping and solving complicated matters.’

‘Niklas Follin is technically skilled and always delivers pragmatic and practical advice.’

‘Industry and subject matter knowledge coupled with pragmatism = a great winning combination.’

‘Fredrik Roos is my main go-to-person for all things IT and tech.’

Key clients

Stena Line AB

Novacura AB

Aareon Nordic AB

The Central Bank of Sweden (Sw. Riksbanken)

Trustly Group AB

Spotify

Virtual1 Ltd

Agency for Digital Government

Work highlights

  • Advised The Central Bank of Sweden (Sw. Riksbanken) on e-currency matters.
  • Advised Trustly on complex cross-border data flow issues, including in relation to Schrems II and transfers between the EU/EEA and the US.
  • Advising Agency for Digital Government (DIGG) on several matters at the cutting edge of digital developments.

Sweden > Capital markets

Characterised by an emphasis on equity capital markets transactions, Setterwalls‘ extensive roster of domestic and international issuers instructs the group on main-market IPOs, public share offerings, public takeovers and private placements. Recent stand-out work saw co-heads Jörgen Axelsson and Ola Grahn  closing major deals in the pharmaceuticals sector, while co-head Marcus Nivinger led on impressive listings in the energy sector. The group is also highly active in the technology sector. Carl Lindencrona‘s debt capital market practice focuses on investment-grade issuances.

Other key lawyers:

Testimonials

‘Ola Grahn is highly experienced, and delivered very strong and speedy support for us.’

‘Apart from being highly competent within capital markets, Setterwalls is always looking at tasks with solutions in mind. Setterwalls is also very good at presenting possible scenarios from a choice of different decisions. That guides us in our choices.’

‘The lead partner Ola Grahn can grasp many different angles/disciplines and not solely related to capital markets. That provides us with a good foundation for making robust decisions and the potential consequences of these decisions. He also has very high integrity.’

‘The team is very responsive and always available and very business- and solution oriented. Also, Setterwalls’ capital markets team is well-coordinated and work close together. The team also focus on the essential parts of the transaction and have the capability to think outside the box. Setterwalls always deliver high quality advice and always on time, even with extremely tight schedules and deadlines. The team offers follow-up sessions after larger transactions and takes care of our data room between projects and keeps it up-to-date.’

‘Marcus Nivinger is our go-to person and trusted adviser in all capital markets and M&A matters. He is very experienced and knowledgable, in particular within ECM and also very accessible and always delivers quality and steers the project in the right direction. He is also a very inventive lawyer and solution oriented. Also Jörgen Axelsson, partner, and Axel Helle, senior associate, are very solid, reliable and available.’

‘Local and highly competent and service minded firm. Always easy to get in touch with, and get the job done. Always engage and propose other solutions that serve us better. Super efficient handling. Provides safety.’

‘Knowledge, availability and efficient handling. High Service level. Creativity.’

Key clients

Fastighets AB Balder

Knowit AB

Bulten AB

K-Fastigheter

Arise AB

SERNEKE Group AB

Ascelia Pharma

Saniona

Maha Energy AB

Better Collective

Boozt

Alligator Bioscience

Sivers Semiconductors

IAR System

IRRAS

InDex Pharmaceuticals Holding AB

GomSpace Group AB

AAC ClydeSpace AB

Wästbygg Gruppen AB

Thunderful Group AB

Rejlers AB

EWPG Holding AB (Eco Wave Power Ltd.)

Maxar Technology Inc

Agile Content SA

Work highlights

  • Advised Recipharm’s founders in connection with the SEK24.9bn public takeover bid for Recipharm together with EQT IX.
  • Advised HiQ International AB in connection with the SEK4bn public takeover bid from Triton Fund V, through Trisall AB.
  • Advised Fastighets AB Balder in connection with its Euro medium term note programme for 2021.

Sweden > Commercial, corporate and M&A Tier 2

Setterwalls’ corporate and M&A practice has vast experience in private equity and transactional advisory work alongside handling energy, life sciences, and venture capital deals. Practice head Ola Grahn, who focuses on venture capital transactions, assists both venture capital businesses and entrepreneurs on fundraising mandates. Co-head Anders Holmgren specialises in M&A deals in the telecoms, life sciences, and retail arenas, while co-head Anders Söderlind assists Swedish and foreign PE sponsors with cross-border transactions in the cleantech and technology industries. Johan Hallén leads the commercial team.

Other key lawyers:

Testimonials

‘The team has the potential to get structured with required competence from matter to matter. There is a broad competence offered also with the edge where needed. The team is supportive and move quick in questions, always with an in-built control system to secure a second-opinion. The team leader shows and delivers full responsibility for work performed and response delivered.’

‘The individuals are professional. They are interested to support the client and to get all needed information on the table to assess and challenge the situation – the approach is structured and always balanced between speed and quality based on the situation. The individuals invite and take support from different competences to deliver optimal service to the client. The individuals do not let anything fall in between the gaps.’

‘Very proactive. Recognized and understands the commercial dimensions of the legal aspects.’

Key clients

Priveq

FSN Capital

Nalka Investment

SEB Private Equity

Ceder Capital

Monterro

PEQ Investment

AB Gustaf Kähr

Entercash Ltd.

Hydro Energi

Drug Free Sport

Construcciones y Auxiliar de Ferrocarriles, S.A (CAF)

FlixMobility GmbH

AddLife AB

Better Collective A/S

Meniga Ltd

Volvo

Coor Service Management

Galecto Biotech

Novax AB

Standout Capital AB

Enea AB

Elof Hansson Holding AB

Baillie Gifford

Polygon International AB

Aleph Commodities Ltd

Thunderful Group AB

Ford Motor Company Inc.

Resurs Holding AB

Lidds AB

Gapwaves AB

Alelion Energy Systems AB

Volvofinans Bank AB

Essity

Work highlights

  • Advised Baillie Gifford on its investments in Northvolt as part of two recent private placements made by the company.
  • Advised Third Point Reinsurance Ltd. on a merger process with Sirius International Insurance Group, Ltd.
  • Assisted Knowit, which is one of the major Nordic IT consulting companies, with the acquisition of Cybercom.

Sweden > Construction Tier 2

Setterwalls handles complex issues across the full spectrum of construction law, including disputes, construction contracts, projects, and developments. The firm covers clients from all corners of the construction industry such as developers, construction companies, real estate investment funds, and energy and utility providers. The team is led by Henrik Trölle, who focuses on contract negotiations and dispute resolution in court and arbitration tribunals as both counsel and arbitrator. The team is also co-headed by Hans Dahlberg Kolga, who is experienced in contract work and construction disputes, and Erik Svedlund, who assists companies in the real estate industry.

Testimonials

‘Very dedicated team which operates in a structured way. The practice has a typical Scandinavian approach being pleasant but direct and professional at the same time.’

‘Hans Dahlberg Kolga made a good impression and blended into the project cooperation in a very professional way. Took lead of the open questions and answers within competences and was able to assist the project to the very end reaching the success, timeline and expected goals.’

‘The Team is very useable with good client knowledge and provides a good cooperative environment.’

‘Henrik Trölle is knowledgeable, with very good understanding of client and business needs.’

Key clients

NCC Sverige AB

Strängbetong/Consolis

Per Aarsleff A/S

Svenska Kraftnät AB

Borås Energi och Miljö AB

Bravida Sverige AB

VBA Syd AB

RGS Nordic AB

Emil Lundgren AB

AB Sydsten

Arise AB

Hilti Sverige AB

Svevia AB

Magnolia

Riksbyggen ekonomisk förening

Coop Logistik AB

Samuelssons Tak AB

Aberdeen Asset Management

Serneke Group

Wästbygg AB

Work highlights

  • Represented NCC in an arbitration against BillerudKorsnäs Sweden AB.
  • Represented Serneke in creating a joint venture in relation to what will be the highest skyscraper in the Nordics – the Karlatornet Project in Gothenburg.
  • Advised Coop Logistik AB on new fully automated high-bay storage warehouse construction project at Eskilstuna Logistik park.

Sweden > Dispute resolution Tier 2

Setterwalls has a reputable dispute resolution practice with industry sector expertise in the construction, automotive, energy and insurance industries. Johan Strömbäck regularly acts in disputes relating to corporate issues and shareholding, post-M&A and financing matters. Magnus Berlin is co-founder of the Malmö office and regularly represents Swedish and international companies before the arbitral tribunals. Johannes Ericson has an excellent record in commercial disputes, while Magnus Rydberg is highly rated.

Other key lawyers:

Testimonials

‘Strong on insurance and directors liability.’

‘Johannes Ericson is hardworking, experienced and skilled.’

Key clients

Riksbyggen

NCC Construction AB

Chubb Insurance

Sydvatten

Strabag

Ricoh

Strängbetong/Consolis

Per Aarsleff A/S

Bravida

Arise

Länsförsäkringar

AIG

If Insurance

Priveq Investment

NRG Victory Reinsurance Ltd

AXA XL

UAB Furniture

Work highlights

  • Represented the founder and former chairman of listed pharmaceuticals company Oasmia Pharmaceutical in court proceedings.
  • Represented the former board members of Swedish pension trust Monér in a dispute before the Swedish courts.
  • Represented NRG Victory Reinsurance Ltd in a coverage dispute against the real property company KAB Friggagatan AB (KAB) under a Construction Defect Insurance where KAB is claiming indemnification for several alleged defects in hundreds of apartments in a number of apartment blocks.

Sweden > Employment Tier 2

Setterwalls regularly advises on the full gamut of issues within employment law including restructurings, M&A, TUPE, redundancies and the employment elements of corporate transactions. The team has a roster of prolific clients across the technology, IT, gaming and software sectors. The firm is regularly engaged in disputes and transactional work with unique expertise in sexual harassment, discrimination and bullying within the workplace claims. Group co-head Åsa Erlandsson has experience in misconduct investigations, while fellow co-head Henrik Kjellander is an expert in terminations, restructurings and investigations.

Other key lawyers:

Jenny Söberg; Emmelie Tedfelt

Testimonials

‘Very high level of knowledge, experience and service orientation. Always pragmatic and solution orientated. A great support and adviser in complicated matters.’

‘Setterwalls have supported our company in a major restructuring of our organisation. The support given has been excellent in terms of speed, accuracy and business understanding. As well as offering different levels of expertise depending on the question at hand.’

‘Åsa Erlandsson sets herself apart with the energy and insight that she brings. I am fully confident that I will get a rapid and complete response that reflects our corporate strategy as she has taken the time to understand our business risk tolerance.’

‘Setterwalls is a medium-sized office and can offer a wide range of services through lawyers, all of whom are highly qualified within their respective field of expertise. This means that clients can typically cover most of their needs in respect of legal services and thus build a more close relationship with the company.’

‘Jenny Söberg is highly qualified within the field of Swedish employment and labour law. She is thorough with the work she delivers and solves the tasks cost efficiently and on time. In addition she is likeable and pleasant to collaborate with and excellent in the handling of clients.’

‘I have been using the Setterwalls employment law practice a lot recently. As I see it, they should be the definition of what being a consultant is all about. The team headed by Åsa Erlandsson is extremely competent, business oriented and always puts the client first. They have truly unique skills in understanding their clients situation and in adapting their service accordingly. Always available and meet expectations even with very tight deadlines as I have had several times.’

‘Setterwalls have an excellent, experienced and very highly skilled team regarding employment law. For us the people and expertise within the company is their greatest strength. Setterwalls and Åsa Erlandsson supported us in several labour law issues and in a complex reorganisation process. The result from all the different cases exceeded our expectations.’

‘Åsa Erlandsson is very service-minded, knowledgeable, constructive, broad knowledge of various aspects of employment law, great with clients.’

Key clients

Adobe

Caverion

Workforce Logiq

Savills Sweden

Infranord

Transdev

The Central Bank of Sweden

Region Stockholm

The Swedish Food Federation (Livsmedelsföretagen)

Ford Motor Company

Thunderful Group AB

Work highlights

  • Represented Ford Motor Company Inc. in the sale of all shares in the Swedish subsidiary Ford Motor Company AB to Hedin Group AB.
  • Represented the Swedish Food Federation and one of its member companies in litigation before the Labour Court relating to the interpretation of a collective bargaining agreement and its conformity with GDPR.

Sweden > Insolvency Tier 2

Setterwalls provides advice to clients on all aspects of restructurings as well as insolvency related matters with a focus on debt restructuring matters which involve loan restructurings, distressed debt trading issues and out-of-court refinancings. The team, headed up by finance and arbitration specialist Åke Fors, further advises on contingency planning work, distressed transactions and formal insolvency proceedings. Carl Lindencrona and Mikael Magnusson act for financial institutions, borrowers and investors on workouts and restructurings and are well versed in a variety of debt instruments.

Practice head(s):

Testimonials

‘I do work with their banking and finance team on various financing transactions and am very pleased with the service provided.’

‘Mikael Magnusson as partner in charge gives satisfactory partner attention to each case.’

Sweden > Insurance Tier 2

Setterwalls has a strong presence in the Swedish insurance market, and with a strategic focus on contentious matters, the practice also provides advisory services, encompassing transactional and regulatory mandates. On the contentious side, the firm is well known for litigation and arbitration proceedings, and disputes concerning insurance coverage. The team is headed up by veteran insurance practitioner Åke Fors, who is recommended for transactional work and arbitrations, and has particular experience in the maritime sector. Johannes Ericson is recommended for disputes and is experienced in commercial litigation.

Practice head(s):

Other key lawyers:

Testimonials

‘Skilled lawyers who have great knowledge of the insurance business’.

‘Always very committed to the cases they work on and available for discussions at anytime’.

‘Johannes Ericson is knowledgeable, responsive and a pleasure to work with’.

‘Exemplary client service and top-quality advice’.

‘Magnus Rydberg is very responsive and produces advice of the highest quality’.

‘The team is very responsive, easy to work with and quick in responding to your needs’.

‘They are able to see the overall picture and consider issues in their advice outside the scope of what was initially discussed’.

‘Åke Fors is knowledgeable in the subject and has good market knowledge’. 

Key clients

National General Insurance

Euro Accident Livförsäkring AB

Small Business Consortium

Relacom Management

UK P&I Club

North of England P&I Club

Steamship Mutual P&I Club

London P&I Club

AP7 (the Swedish Seventh governmental AP pension fund)

If Skadeförsäkring

Länsförsäkringar

Third Point Reinsurance Ltd.

NRG Victory Reinsurance

Work highlights

  • Advised Third Point Reinsurance Ltd. on a merger process with Sirius International Insurance Group, Ltd.
  • Represented NRG Victory Reinsurance Ltd in a coverage dispute in the Stockholm District Court against the real property company KAB Friggagatan AB (KAB) under Construction Defect Insurance (CDI) where KAB claimed indemnification for several alleged defects in hundreds of apartments in a number of apartment blocks.
  • Representing If Skadeförsäkring in litigation against a real estate development company concerning (i) insurance coverage and (ii) alleged negligent claims handling as a result of a major flooding in the Stockholm area in 2016.

Sweden > Public procurement Tier 2

Setterwalls has a broad practice, advising the suppliers and contracting authorities on the procurement of a wide range of services across a variety of sectors including the IT, healthcare, and energy industries. Erik Gadman joined the firm from Gernandt & Danielsson Advokatbyrå in 2022 and now leads the team following the departure of Ulf Djurberg; he is supported by Martin Levinsohn, who leverages his expertise in life sciences to advise on public procurement work in this sector. Senior associate Lorentz Reige is also praised by clients as a ‘very skilled lawyer’.

Practice head(s):

Other key lawyers:

Testimonials

‘Setterwalls has wide experience from advising both contracting authorities and suppliers which makes their understanding of public procurement questions much richer. Also, the lawyers are business oriented which is crucial.’

‘Setterwalls is a very professional and business oriented firm with strong analytical and industry expertise.’

‘The individuals I have worked with possess the rare combination of outstanding professionalism and likability. Easy to work with, focused on the key questions and always deliver high quality within set deadlines.’

‘Erik Gadman is one of the most pragmatic lawyers I have ever worked with. I truly appreciate his deep knowledge as regards public procurement.’

‘Erik Gadman is very professional and I feel very confident in what he is doing for us. He is good at explaining complex things so that I can understand and make good decisions about the next step. As far as I can judge he is a very competent lawyer who really knows how to get through a battle with the giants of law. And he is always available!’

Key clients

Swedish International Development Cooperation Agency (Sida)

Government Offices of Sweden

Borås Energi och Miljö AB

Klottrets Fiende No 1

RGS Nordic

NCC Sverige AB

Bravida AB

Region Stockholm (Stockholm County Council)

Green Landscaping

The Swedish Health and Social Care Inspectorate (IVO)

Swedish eHealth Agency

National Property Board Sweden

Första AP-fonden

Tredje AP-fonden

Fjärde AP-fonden

AP7

Gothenburg Municipality

DIGG, the Swedish Agency for Digital Government

Work highlights

  • Acted as exclusive legal adviser to the Swedish International Development Cooperation Agency (Sida) on the relocation of the agency’s head offices.

Sweden > Real estate Tier 2

Setterwalls houses a full-service real estate practice, notable for its consistent involvement in high-value real estate transactions covering matters from land developments to pension fund issues. Department head Patric Olofsson is active on high-profile matters relating to real estate, insurance, and logistics issues. Stockholm group head Jessica Schönning leads on real estate mandates for prominent Swedish public bodies including Sveriges Riksbank and SIDA, while senior associate and Malmö team head Anders Frick applies his knowledge to real estate sales and acquisitions. The firm is increasingly active at the international level, and has represented both governmental and international corporate clients. Jesper Kuschel leads the Gothenburg-based practice, and Magnus Steninger was promoted to the partnership in 2022.

Other key lawyers:

Testimonials

‘The people are amongst the absolute best in the business and are also very easy and enjoyable to work with.’

‘Magnus Steninger is an exceptional professional with great enthusiasm that truly understands, and takes interest in, the big picture of a deal.’

‘Patric Olofsson is an outstanding lawyer with a lot of experience. Patric is an efficient and pragmatic problem solver.’

‘Very strong and experienced real estate team, led by the partner Patric Olofsson, accompanied by adjacent fields of practice such as banking, finance, insurance, construction contract law, tax, etc.’

‘Patric Olofsson and Magnus Steninger are two excellent individual lawyers but as a team they are unbeatable.’ 

‘Patric Olofsson and Magnus Steninger, working as a team or individually are, in my opinion, among the leaders in the Swedish legal real estate scene. They fully understand our business and offer service at an outstanding level. Both have in-depth knowledge and experience from years working at the top of the industry. Magnus also adds equally important curiosity and openness for new technical solutions to the business. Paired with personal qualities, it makes working with them a true pleasure and something I can highly recommend.’

‘Setterwalls’ real estate team is characterized by diversity and how they work inclusively as a team, seniors vs associates. The team always look for the clients’ best and have the ability to give high quality business advice.’

Key clients

Aberdeen Standard Investment

Akademiska Hus

Catena

Coop Group

Arlandastad Holding AB

Cromwell Property Group

Erlandsson Bygg

Folksam Insurance Group

Index Residence

K2A Knaust & Andersson Fastigheter AB

Lansa Fastigheter

Lille Oslo Eiendom

Magnolia Bostad

Ness, Risan & Partners AS

NRE Sweden AB

Nuveen Real Estate

Oscarson Invest AB

Sehlhall Fastigheter AB

Serafim Fastigheter AB

Serneke Group AB

SIDA – The Swedish International Development Cooperation Agency

Skandia Fastigheter

Stadsrum Fastigheter AB

Trelleborg AB

Veidekke Bostad

Wästbygg Gruppen

Work highlights

  • Assisted the Folksam Group/KPA in relation to the acquisition of shares in the property company owning the property Stockholm Gångaren 10.
  • Advised Serneke AB on creating a joint venture for the development of three blocks in Karlastaden, a new district being constructed in the city of Gothenburg.
  • Acted as legal counsel to Aberdeen Standard Life in the acquisition of three real properties from the well know real estate group Wallenstam.

Sweden > Shipping Tier 2

Under the leadership of finance and insurance specialist Åke Fors, Setterwalls’ maritime and transport group stands out for its commercial experience and knowledge of shipping insurance issues, acting for a range of P&I clubs in insurance claims. Other areas of expertise include regulatory matters, transport agreements and charter parties. Håkan Fohlin is a key contact for collision cases, Martin Sandgren handles charter parties and shipbuilding and sale contracts, and associate Samuel Pihl focuses on insurance work.

Practice head(s):

Other key lawyers:

Key clients

Rederi AB Soya

Wallenius Lines AB

Wallenius Marine AB

Wallenius SOL AB

Wallenius Water AB

Sweden Orient Line AB

EUKOR Car Carriers Inc.

UK P&I Club

London P&I Club

North of England P&I Club

Steamship Mutual P&I Club

NYK Line

Deugro

ZITON A/S

SBM

Work highlights

  • Advised Wallenius Lines AB and Wallenius Marine AB on a ground breaking initiative to create wind powered commercial vessels, including the design of a wind powered car carrier.
  • Advised Wallenius Lines AB and Swedish Orient Line AB on the establishment of the new shipping company WALLENIUS SOL that will transport forestry products and other goods in a network covering the Gulf of Bothnia, the Baltic Sea and the North Sea.
  • Advised Wallenius Marine AB on the investment in the SAAB Ventures AB majority owned company C-leanship A/S.

Sweden > Tax Tier 2

Under the joint leadership of Niclas Hermansson, Sören Brekell and Christian Sjöqvist, Setterwalls advises on the full gamut of international taxation and VAT matters; corporate taxation and restructurings, incentive programmes, IPOs, customs duties and tax matters related to capital markets issues are all areas of expertise. The firm’s successful track record of representing clients in the Supreme Administrative Court also serves to illustrate the team’s contentious proficiency. The firm has recently been growing significantly at the junior level, with the arrival of a number of practitioners – including experienced associate Omar Khalil, formerly of Deloitte AB.

Other key lawyers:

Andreas Ödman; Carl-Johan Lundgren; Omar Khalil

Testimonials

‘Firm and hands on advice.’

Key clients

Ford Motor Company Inc.

Fristads Kansas Group

Wästbygg Gruppen AB

Thunderful Group AB

Commerz Real AG

Work highlights

  • Advised Ford Motor Company on the sale of its Swedish subsidiary to Hedin Group.
  • Assisted Commerz Real with its acquisition of the onshore wind farm projects known as Boarp, Dållebo and Rosenskog from Eolus.
  • Advised Thunderful Group, a well-known gaming company in Sweden and globally, on tax and structuring issues in connection with its listing on the Nasdaq First North Premier Growth Market.

Sweden > EU and competition Tier 3

Setterwalls is highly active in the merger control space, where it advises clients on complex transactions in highly regulated sectors such as the pharmaceuticals industry. In the contentious space, the team handles investigations and follow-on claims. Erik Gadman joined the firm from Gernandt & Danielsson Advokatbyrå in 2022 and now leads the team following the departure of Ulf Djurberg. The practice provides strategic competition law advice to clients, reviewing their operations and commercial agreements to ensure compliance with regulations; Bo Berndtsson focuses on this area. Martin Levinsohn is also noted for his work on merger control issues, while senior associate Angelica Ström is praised by clients, and Rolf Larsson, who joined from Gernandt & Danielsson Advokatbyrå in 2022 along with Gadman, also heads up the group.

Practice head(s):

Erik Gadman; Rolf Larsson

Testimonials

‘Great knowledge about the automotive industry, high availability and efficient.’

‘Mattias Wiklund, our key contact, was great to work with and he had great undertanding of our business as well as the key questions at hand.’

‘Setterwalls has a great EU and competition team that has broad experience and drive legal development in the field.’

‘Professional, service-minded, accessible.’

‘Rolf Larsson provides spot on and practical advice.’

‘Hands-on. Doesn’t commit a big team to every small project. Proactive and solution-oriented.’

Key clients

Knowit AB

Alfa Laval Corporate AB

The Cotton Group AB

Orifarm Generics

Ford Motor Company AB

KLS Ugglarps

Walleniusrederierna (Wallenius Lines)

Work highlights

  • Assisted Knowit with its acquisition of Cybercom Intressenter AB.
  • Represented Orifarm Generics in a complex merger which significantly increased its market share.
  • Acted as legal adviser to Cotton Group throughout the entire sales process of some of its portfolio brands to Hultafors Group AB.

The firm: Setterwalls is one of Sweden’s leading full-service business law firms, as well as one of Sweden’s largest law firms, with some 190 lawyers servicing clients from its three offices in Sweden’s largest cities – Stockholm, Gothenburg (Göteborg) and Malmoe (Malmö). Setterwalls is an independent law firm with an extensive, well-established international network. Established in 1874, it is also Sweden’s oldest law firm.

Areas of practice: Being a commercial full-service practice, Setterwalls offers clients a complete range of business law services, including within the following areas of practice:

Aviation; commercial; corporate; dispute resolution; employment and labour law; energy and commodities; environment; equity capital markets; EU and competition law; financial markets; financial services regulation practice; infrastructure and construction; insolvency and restructuring; insurance and reinsurance; intellectual property rights and marketing law; life sciences; M&A; private client; private equity; public procurement; public sector; railway; real estate; real estate M&A; shipping; sports and entertainment; tax; technology, media and telecoms; transportation; see the firm’s website for more information.

Clients: By combining its legal expertise with extensive knowledge of numerous sectors, Setterwalls attracts clients within a wide range of sectors – from biotech entrepreneurs, clean tech and media companies to private equity firms, game developers and real estate funds – including many of Sweden’s, and the world’s, leading companies, banks and other financial institutions and government agencies.

International work: Because it is based in Scandinavia, which has one of the world’s most globalised business environments, Setterwalls is accustomed to working in multinational contexts – across linguistic and cultural boundaries. All in all, about half of Setterwalls client assignments originate from countries outside of Sweden, including from many of the world’s leading companies, banks and other financial institutions.

Foreign desks: Setterwalls has established a number of foreign desks – the China desk, the French desk and the German desk – to meet clients’ demand for truly international expertise and legal advice. Each desk consists of a group of lawyers who combine legal specialist expertise with linguistic skills and a deep understanding of the business culture and legal system of China, France, and Germany respectively. See the firm’s website for more information.

DepartmentNameEmailTelephone
Banking and finance Jesper Kuschel
Data privacy and data protection Fredrik Roos
Energy Linnea Ljung
Intellectual property and media Fredrik Roos
IT and telecoms Fredrik Roos
Capital Markets Jesper Kuschel
Commercial; Corporate Johan Hallén
M&A; private equity Anders Holmgren
Dispute resolution Emmelie Tedfelt
Employment and labour Emmelie Tedfelt
Environment Linnea Ljung; Malin Wikström
Insolvency and restructuring Kenneth Nilsson
Insurance Kenneth Nilsson
Public Procurement Bo Bernrdtsson
Real estate Jesper Kuschel
Shipping Andréa Jällbrink
Tax Christian Sjöqvist
Construction Erik Svedlund
EU and competition Bo Berndtsson
Healthcare & Life Sciences Richard Hammarvid; Hanna Sonning
PhotoNamePositionProfile
Bo Berndtsson photoAdv Bo BerndtssonPartner Bo Berndtsson has more than 20 years of experience in Swedish…
Johan Hallén photoAdv Johan HallénPartner For 20 years, Johan Hallén has assisted Swedish and foreign companies…
Richard Hammarvid photoAdv Richard HammarvidPartner Since 1994, Richard Hammarvid has assisted Swedish and foreign companies with…
Anders Holmgren photoAdv Anders HolmgrenPartner Anders Holmgren is the head of Setterwalls’ Corporate and M&A practice…
Jesper Kuschel photoAdv Jesper KuschelPartner Jesper Kuschel is a partner in the firm and for more…
Linnea Ljung photoAdv Linnea LjungPartner Linnea Ljung has worked with environmental law at two of Sweden’s…
Jon Meltzer photoAdv Jon MeltzerSpecialist Counsel Jon Meltzer is specialised in commercial dispute resolution and acts…
Kenneth Nilsson photoAdv Kenneth NilssonSpecialist Counsel Kenneth Nilsson work within three different areas: financing, insolvency and…
Magnus Örtorp photoAdv Magnus ÖrtorpPartner Magnus Örtorp assists owners and management teams mainly on issues relating…
Fredrik Roos photoAdv Fredrik RoosPartner Fredrik is a partner since 2010 and the leader of Setterwalls’…
Hanna Sonning photoAdv Hanna SonningSenior Associate Hanna Sonning helps companies to create value from their intellectual…
Erik Svedlund photoAdv Erik SvedlundSpecialist Counsel Erik Svedlund has more than ten years of experience in…
Emmelie Tedfelt photoAdv Emmelie TedfeltSpecialist Counsel Emmelie Tedfelt assists Swedish and foreign companies with advice on…
Malin Wikström photoAdv Malin WikströmPartner Malin Wikström has almost 20 years of working experience within the…
Number of lawyers : 190
Chinese
English
French
German
Italian
Spanish
Other offices : Malmö
Other offices : Stockholm