Gernandt & Danielsson Advokatbyrå > Stockholm, Sweden > Firm Profile
Gernandt & Danielsson Advokatbyrå Offices
114 87 STOCKHOLM
Gernandt & Danielsson Advokatbyrå > The Legal 500 RankingsGernandt & Danielsson Advokatbyrå’s capital markets practice is strong on both debt and equity work, acting for large domestic and international clients on high-profile and high-value transactions. On the equity side, the group advises on IPOs, public takeovers and issuances of complex preference shares, while in the debt space it handles high-yield bonds, medium-term note (MTN) and Euro medium-term note (EMTN) programmes, and hybrid instruments. The team is jointly led by Fredrik Palm, Carl Westerberg and Mikael Borg, who are all strong in transactional work, including M&A. Sofie Viktorsson is a key name for DCM work, while Pär Johansson, Gabriel Zsiga, Oscar Anderson and Mikael Bolling were all recently promoted to the partnership.
Fredrik Palm; Carl Westerberg; Mikael Borg
‘The equity and debt capital markets teams boast a number of exceptional individuals and can easily be considered as one of the leading capital markets practices in Sweden.’
‘Oscar Anderson is an absolute pleasure to work with on cross-border matters. He is very knowledgeable, responsive, practical and has an excellent understanding of how to help clients achieve their objectives.’
‘Excellent quality of legal advice.’
‘Always on time.’
‘Always possible to reach them.’
‘Tight team. Very much experienced and knowledgeable regarding IPOs and listing procedures. Also very good to support on business matters.’
‘Swift responses and, aside from juridical advice, also commercial input if requested.’
‘Swift, knowledgeable and pragmatic with extensive experience from capital market transactions.’
Murgröna Holding AB and ICA-handlarnas Förbund
Storskogen Group AB
Cint Group AB
Genova Property Group AB
Pierce Group AB
Trophi Fastighets AB
Stillfront Group AB
Carnegie, Jefferies, Swedbank and Kepler Cheuvreux
Carnegie Investment Bank AB and Joh. Berenberg Gossler & Co. KG
Modern Times Group AB
Media and Games Invest plc
Humble Group AB
ALM Equity AB
Catena Media plc
Compactor Fastigheter AB
Novedo Holding AB
Calligo (UK) Limited
YA Holding AB
Aktiebolaget FastatorSeafire AB
Fingerprint Cards AB
- Advised Murgröna Holding AB and ICA-handlarnas Förbund in connection with a recommended public offer to the shareholders of ICA Gruppen.
- Advised Sinch in connection with a capital raise and its acquisition of Pathwire.
- Advised OX2 AB on its IPO and listing of the company’s shares on Nasdaq First North Premier Growth Market.
Carl Westerberg; Fredrik Palm; Mikael Borg
‘Devoted team providing high attention, quality, and comfort.’
‘Always have your back.’
‘Fredrik Palm becomes not only your lawyer but your partner.’
‘Legal knowledge, perseverance and availability is remarkable.’
‘Deep understanding across all aspects of regulation: from interpretations to optimal implementation in our business.’
‘Specifically, we use them for fund regulation and deem GDA to be the strongest player in the Nordics within this field.’
‘Given their deep understanding and the ever-evolving regulatory landscape to which we are exposed, we have never had any issues, since we know where to turn in times where we need guidance.’
Modern Times Group MTG AB
Embracer Group AB
OX2 AB and its main owner Peas Industries AB
Xvivo Perfusion AB
Nordstjernan AB and its subsidiary Nordstjernan Investment AB
Setra Group AB
Upplands Motor Holding AB
Cint Group AB
Lundin Energy AB
Storskogen Group AB
Nordic Entertainment Group Sweden
Svea Ekonomi AB
Nordic Capital and Vizrt AB
Garda USA Inc.
- Advised Sinch on its acquisition of MessageMedia. Sinch paid a total enterprise value of $1.3bn, with a total cash consideration of $1.1bn and the remainder in new shares in Sinch.
- Advised Modern Times Group MTG on divesting ESL Gaming in an all-cash transaction valuing ESL Gaming at an enterprise value of $1bn+.
- Advised Cint Group AB on the acquisition of Lucid Holdings, LLC. The consideration amounted to $1bn+ on a cash and debt-free basis.
Sweden > Insolvency Tier 1The restructuring and insolvency team at Gernandt & Danielsson Advokatbyrå handles high-profile, high-value and often cross-border cases, drawing on strength from its corporate, regulatory and dispute resolution practices. The team is led by Sofie Victorsson, Mikael Borg, Caroline Jägenstedt Wikman and ‘outstanding lawyer in his field’ Björn Svensson. Borg is a noteworthy name for debt capital markets and banking work, Wikman is praised for her work on real estate matters and disputes, and Viktorsson and Svensson handle banking and finance transactions, and restructurings and refinancings respectively. In team news, Mikael Bolling was promoted to partner and Candra Torebring left for Nybron Advokater KB.
Björn Svensson; Sofie Viktorsson; Mikael Borg; Caroline Jägenstedt Wikman
Other key lawyers:
‘G&D knows everything there is to know about corporate bonds, so they are very capable of handling restructurings of bond issuers. They often come up with innovative solutions which are still very robust.’
‘It is a highly competent team, always ready to give solid reliable advice as well as innovative solutions.’
‘Deep competence and the ability to apply the competence to a real life difficult matter.’
‘Extremely highly qualified legal and business expertise as well as availability and client focus.’
‘Björn Svensson is an outstanding lawyer in his field, knowledgeable, innovative and with the client’s best interests in focus.’
Municipality of Nyköping
Intertrust (Sweden) AB
Swedish ATP Management AB
Nordic Trustee & Agency AB
YA Holding AB
- Represented Nynas AB in the restructuring of its composition debt facilities, which were implemented in connection with the termination of Nynas’ formal reorganisation process.
- Represented the municipality of Nyköping when issuing a guarantee in relation to the obligations of Stockholm Skavsta Flygplats AB (aka Stockholm South Airport) under an overdraft facility which was to be entered into with Skandinaviska Enskilda Banken AB in a refinancing/restructuring effort in the midst of the pandemic.
- Representing Intertrust (Sweden) AB (acting as Agent on behalf of noteholders) and the noteholders’ committee under the hybrid capital securities in the ongoing Chapter 11 proceedings of SAS AB as well as acting in connection with SAS’ cost savings programme “SAS Forward”.
Sweden > Banking and finance Tier 2Gernandt & Danielsson Advokatbyrå handles the full range of banking and finance matters, and has considerable experience in acquisition financings, refinancing work and syndicated loans. Björn Svensson is a key name for corporate, leveraged and asset-backed finance work, particularly on the borrower side, while Sofie Victorsson, who is dual-qualified in Sweden and England and Wales, is well versed in cross-border transactions. Mikael Borg handles syndicated bank loans and Niclas Rockborn is recommended for regulatory matters. Mikael Bolling was recently promoted to partner and Candra Torebring left for Nybron Advokater KB.
Björn Svensson; Sofie Viktorsson; Niclas Rockborn; Mikael Borg
Other key lawyers:
‘Gernandt & Danielssons’ Banking and Finance practice is by far the best buy side practice in Sweden – no other law firm comes even close. The reason for this is the profound knowledge of the buy side financial industry and the rules and regulations of it.’
‘Their commitment to extremely high quality in everything they do and their good repute with the Financial Supervisory Authority is unique and is a real asset to their clients.’
‘Extremely experienced and skilled in asset management-related issues – especially when it comes to regulations and interactions with the Swedish Financial Supervisory Authority.’
‘Niclas Rockborn is highly accessible, very creative and solution-oriented and has a rather laid back approach which makes him very easy to interact with.’
‘Great accuracy and outstanding commercial relevance.’
Fasadgruppen Group AB
Karnov Group AB
Nordstjernan Kredit KB
Adelis Equity Partners
Axcel Management A/S
- Advised ICA-handlarnas Förbund on the SEK39.6bn term and revolving bridge credit facilities agreement established in connection with the recommended public take-over offer of ICA Gruppen AB and the SEK22.5bn syndicated term and revolving credit take-out facilities agreement which partially refinanced the bridge facilities.
- Acted as Swedish counsel to DLG in connection with its €550m sustainability linked revolving credit facility agreement.
- Advising Adelis in connection with the fund raising of a new Adelis fund.
Sweden > Dispute resolution Tier 2Gernandt & Danielsson Advokatbyrå fields ‘very competent lawyers’ and advises clients on domestic and international litigation and arbitration proceedings, with considerable experience in the financial services, telecoms and oil and gas sectors. Björn Tude and Daniel Waerme co-lead the practice, with Tude offering substantial experience in corporate, financial, IP and manufacturing disputes, and Waerme handling arbitrations and commercial litigation in the finance, technology, transport and fashion arenas. Senior associate Oscar Nyrén is a key name for corporate and securities law. Charlotta Falkman and Marcus Johansson both left for Nybron Advokater KB.
Daniel Waerme; Björn Tude
Other key lawyers:
‘Worked with Björn Tude. Very nice and analytical lawyer.’
‘Very professional and thorough team with extensive experience in dispute resolution.’
‘A very well composed team where each member had its own specific task.’
‘Daniel Waerme led the team very well and presented the case excellently in front of the tribunal.’
‘Oscar Nyrén was very attentive and ready to listen to suggestions from us.’
‘Very competent lawyers.’
Naftogaz of Ukraine
Carnegie Investment Bank
Svea Bank AB
Skandinaviska Enskilda Banken (SEB)
- Successfully represented Naftogaz regarding a gas supply contract in a large commercial arbitration and a gas transit contract in another, separate arbitration against Gazprom.
- Successfully represented a global company in the IT sector in arbitral proceedings regarding an M&A transaction.
- Successfully represented the seller of a company in an M&A-transaction against claims made by the purchaser concerning alleged wrongdoings in connection with the sale of the company including breach of the share purchase agreement.
Sweden > Fintech Tier 2Gernandt & Danielsson Advokatbyrå‘s dedicated fintech team is led by Niclas Rockborn and Carl Westerberg and draws on cross-practice expertise to advise clients on financial service regulatory matters, licensing issues, data protection work and IT, IP and corporate matters, among other areas. Rockborn has over 25 years’ experience in regulatory matters and acts for e-money and payment institutions, banks and insurance clients, while Westerberg is a noteworthy name for investments, acquisitions and divestitures. Nils Unckel is another key name for financial regulatory matters.
Niclas Rockborn; Carl Westerberg
Other key lawyers:
‘The team is solution-oriented and highly commercially aware. They serve a wide range of sectors in the field of financial regulatory.’
‘Partner Niclas Rockborn has extensive experience in advising financial institutions in their most complex regulatory matters.’
‘Partner Nils Unckel is excellent in work relating to investment funds.’
The Shareholders of Sambla AB
Trustly Group AB
Cint Group AB
Nordic Capital (payments team)
Svea Bank AB
Carnegie Investment Bank
- Advising Cint Group AB on a regular basis, relating to privacy matters and various other matters.
- Advised the founders and minority investors of Sambla AB in connection with the sale of shares in Sambla to Nordic Capital Fund X.
- Advised Forex Bank Aktiebolag on changing licenses from a banking company license to payment institution licence.
Other key lawyers:
Ulrika Forsberg; Dena Dervanović
‘The service is completely tailor made to the customers’ needs.’
‘Personal, professional and accessible firm.’
‘Sharp, to the point, explains in an easy matter to understand and provides the client with multiple possibilities.’
‘One stop shop for advice and all legal issues for a bank.’
Gernandt & Danielsson Advokatbyrå > Firm Profile
Gernandt & Danielsson, one of the leading business law firms in Sweden, employs about 80 lawyers. Since its inception in 1992, the firm has grown organically. The firm specialises in mergers and acquisitions, capital markets, banking and finance, competition law and arbitration and litigation proceedings. The firm has a strong international practice and close working relationships with leading law firms in all other Scandinavian jurisdictions, elsewhere in Europe and around the world. Being independent and not part of any alliance, Gernandt & Danielsson is free to consult with or recommend the foreign law firm or expert who can best respond to each particular client’s needs.
Main Areas of Practice:
■ Capital Markets
■ Arbitration & Litigation
■ Banking & Finance
■ Real Estate
Equity Capital Markets:
The firm advises on a wide range of capital markets matters, including takeovers, listings, public offerings, private placements, redemption and buy-back programmes and stock exchange and securities regulations.
Debt Capital Markets:
The firm regularly acts both for financial advisers and issuers as well as investors and agents in all stages of corporate bond transactions, including in relation to renegotiations of terms, reconstructions and distressed scenarios.
The firm advises public and private companies, including private equity funds, on all types of mergers and acquisitions, including domestic and cross-border transactions, public and private transactions, and management buyouts.
Corporate & Commercial:
The firm regularly handles shareholder and joint venture agreements and acts as adviser in the restructuring of companies and business groups. The firm frequently advises clients on issues concerning board responsibility, changes in capital structure, incentive programmes for employees, annual general meetings of shareholders and other corporate governance issues.
Arbitration & Litigation:
The firm continuously assists in both international and Swedish arbitral proceedings, including under the Stockholm rules of arbitration, and in litigation proceedings. Several of the firm’s lawyers are frequently appointed as arbitrators in international and Swedish arbitral matters.
Banking & Finance:
The firm assists Swedish and international banks and financial companies, as well as borrowers and issuers, on areas such as bilateral loans, syndicated loans, securitisation, swaps and derivatives. The firm is also recognised for its strong practice in financial regulatory matters.
The firm advises all types of clients, from start-ups to the largest financial institutions, with regard to regulation of all areas of the financial sector and matters involving the Swedish Financial Supervisory Authority.
The firm provides advice on general commercial real estate law and real estate transactions, including portfolio acquisitions, as well as real estate finance, securitisation and investments, property management, and landlord and tenant law.
The firm provides advice on all aspects of competition law, including merger clearances and cartel cases. Employment: The firm handles all matters relating to Swedish employment law.
The firm handles all matters relating to intellectual property law, including trademark and domain name registrations and disputes, and regularly advises clients in the electronic communications, media and IT businesses on a broad range of legal matters, such as infrastructure procurement, joint ventures, outsourcing and distribution arrangements.
A considerable number of Gernandt & Danielsson’s clients are in the banking, financial and insurance sector, and include several leading Nordic financial institutions. The firm also services clients in the service, trade, telecoms, media, energy and industrial sectors.
Gernandt & Danielsson has consolidated its position as a leader in high profile international transactional work, as well as in international disputes and arbitrations.
|Banking and finance||Björn Svensson|
|Banking and finance||Sofie Viktorsson|
|Financial regulation||Niclas Rockborn|
|Capital markets||Fredrik Palm|
|Corporate and commercial||Tobias Larsson|
|Corporate and commercial||Mikael Borg|
|Intellectual property, media, IT and telecommunications||Mats Hugoson|
|Mergers and acquisitions||Manfred Löfvenhaft|
|Mergers and acquisitions||Gustav Skogö Nyvang|
|Private equity||Carl Westerberg|
|Private equity||Corinne Ekman|
|Public procurement||Björn Tude|
|Real estate and environment||Caroline Jägenstedt Wikman|
|Corporate investigations||Daniel Waerme|
|Corporate investigations||Niclas Rockborn|
|Mr Mikael Borg||Partner and Chairman of the Board||View Profile|
|Mrs Corinne Ekman||Partner||View Profile|
|Mr Andreas Holmqvist||Partner||View Profile|
|Mr Mats Hugoson||Partner||View Profile|
|Mrs Caroline Jägenstedt Wikman||Partner||View Profile|
|Mr Manfred Löfvenhaft||Managing Partner||View Profile|
|Mr Fredrik Palm||Partner||View Profile|
|Mr Niclas Rockborn||Partner||View Profile|
|Mr Gustav Skogö Nyvang||Partner||View Profile|
|Mr Björn Svensson||Partner||View Profile|
|Mr Björn Tude||Partner||View Profile|
|Mrs Sofie Viktorsson||Partner||View Profile|
|Mr Daniel Waerme||Partner||View Profile|
|Mr Carl Westerberg||Partner||View Profile|