Gernandt & Danielsson Advokatbyrå > Stockholm, Sweden > Firm Profile

Gernandt & Danielsson Advokatbyrå
HAMNGATAN 2
BOX 5747
114 87 STOCKHOLM
Sweden

Sweden > Capital markets

Gernandt & Danielsson Advokatbyrå's equity capital markets group recently conducted numerous high-profile deals in the technology and financial services sectors, handled by practice co-heads Fredrik Palm and Carl Westerberg. Other regular instructions pertain to preference share issuances, public takeovers and headline IPOs, acting for a client portfolio comprised of leading banks, financial institutions and multinational corporations, and recent mandates encompass recapitalisations, hybrid note issuances and multibillion-SEK medium term note programmes, including market-first high-yield issuances. Debt capital markets experts include co-head Mikael Borg, Sofie Viktorsson and senior associate Mikael Bolling.

Testimonials

‘Best lawyers with great advice. Not the cheapest but still worth their weight in gold.’

‘Daniel Sveen is fantastic. All the best recommendations to him. Best lawyer I have worked with. Fredrik Palm is also great. Very professional.’

Key clients

Ework Group AB

Cint Group AB

Sinch AB

Fasadgruppen Group AB

Carnegie Investment Bank AB and Swedbank AB

Nordea and Swedbank

Carnegie Investment Bank AB and Joh. Berenberg, Gossler & Co. KG

Carnegie Investment Bank AB, Goldman Sachs International and Joh. Berendberg, Gossler & Co. KG

Genova Property Group AB

Haldex Aktiebolag

Goldman Sachs and DNB Markets

Catena Media plc

Moberg Pharma AB/OncoZenge AB

Flexion Mobile Plc

Xvivo Perfusion AB

Modern Times Group MTG AB

Nordstjernan AB

Volati AB

Pierce Group AB

Work highlights

  • Advised Cint Group AB on its IPO and listing on Nasdaq Stockholm.
  • Advised Sinch AB in connection with three different equity capital markets transactions.
  • Advised the initial purchasers Fasadgruppen Group AB in connection with the offering by Clear Channel International of $375m senior secured notes.

Sweden > Commercial, corporate and M&A Tier 1

Jointly led by Carl Westerberg, Fredrik Palm and Mikael Borg, Gernandt & Danielsson Advokatbyrå fields a full-service corporate and M&A practice operating in the domestic and international markets. The group handles complex transactions including cross-border public and private M&A and controlled auctions, where it acts for clients in the telecoms, financial services, online gaming, renewable energy and transport sectors. Corinne Ekman assists with major investments and divestments in the automotive industry, and in the media sector, the group recently advised on complex deals involving branding interests.

Other key lawyers:

Testimonials

‘Good experience.’

‘Team dedicated to fulfilling client objectives.’

‘Gernandt & Danielsson truly understands our needs and challenges and therefore assists us in a super professional way – simple, effective and well balanced. We can rely on them.’

‘Fredrik Palm is great to work with since you know that you will get the assistance needed, he stand-outs when it comes to attention and support. In addition, the team are solution oriented and creative and I feel that we work as a team in projects.’

Key clients

Embracer Group AB

Sinch AB

Sambla AB

Peas Industries AB

Nobina AB

Enlabs AB

MTG Modern Times Group AB

Xvivo Perfusion AB

Nordstjernan AB

Volati AB

NDX Group

Evolution Gaming Group AB

Betsson AB

Nordstjernan Investment

Upplands Motor Holding AB

Work highlights

  • Advised Sinch AB on three new company acquisitions.
  • Advised Modern Times Group on multiple acquisitions.
  • Advised Xvivio Perfusion on the acquisition of the Dutch company Organ Assist accompanied by a private placement of shares to Swedish and international institutional investors for the purpose of financing the acquisition.

Sweden > Insolvency Tier 1

Gernandt & Danielsson Advokatbyrå is adept at handling complex cross-border restructuring and insolvency mandates and fields a dedicated debt capital markets restructuring team covering both the equity and debt sides of restructurings; Björn Svensson has extensive experience in borrowing and equity transactions while Mikael Borg has niche expertise in high-yield bond financings. Caroline Jägenstedt Wikman is experienced in dispute resolution matters relating to insolvency cases and Sofie Viktorsson, who is dual-qualified in England and Sweden, regularly acts on renegotiations with lenders regarding financings.

Key clients

Eniro

Nynas

Swedish ATP Management AB

Intertrust (Sweden) AB

Nordic Trustee & Agency AB

Haldex Aktiebolag

Work highlights

  • Acted as lead legal counsel to Nynas in connection with its reorganisation which was initiated in December 2019 and included restructuring of SEK9bn+ of liabilities.
  • Advised Nasdaq Stockholm listed Eniro in connection with the implementation of a plan for a new recapitalisation and composition of Eniro.
  • Advised Swedish ATP Management AB on the restructuring of its maximum senior unsecured callable zero coupons bonds 2019/2022.

Sweden > Banking and finance Tier 2

Gernandt & Danielsson Advokatbyrå‘s banking and finance practice is stacked with partners with an impressively diverse skill set. Predominantly acting for borrowers, co-heads Björn Svensson and Sofie Viktorsson advise on acquisition financings, asset-backed borrowing matters and refinancing mandates, while co-head Niclas Rockborn spearheads the regulatory segment. The team works seamlessly with Mikael Borg‘s debt capital markets practice on debt offerings and syndicated bank loans, instructed by corporate sponsors and financial lenders. Candra Torebring departed to Nybron Advokater in early 2022.

Other key lawyers:

Testimonials

‘Predominantly use Mikael Bolling on complex and highly bespoke financing transactions. Very strong commercial skills, an outstanding work ethic, and always available when we need him.’

Key clients

Nynas

Catena Media

Betsson

Fasadgruppen Group

Svea Ekonomi

Haldex

INEOS

Radisson Hospitality

Peas Industries

Bellman Group/Verdane

Antiloop

Transcom/Altor

Procuritas/Pierce

Work highlights

  • Acted as lead legal counsel to Nynas in connection with its successful SEK9bn reorganisation.
  • Acted as Swedish local counsel in connection with (i) INEOS Quattro Finance 1’s issuance of €500m senior notes and (ii) INEOS Quattro Finance 2’s issuance of €800m and $500m senior secured notes.
  • Advised Fasadgruppen on its SEK1bn working capital financing for general corporate purposes (including acquisitions) entered into in connection with its IPO.

Sweden > Dispute resolution Tier 2

Gernandt & Danielsson Advokatbyrå‘s disputes resolution bench provides representation in high-stakes, high-value litigation and commercial arbitration proceedings, most notably in the international financial services, telecoms and oil and gas sectors. Under co-heads Björn Tude and Daniel Waerme, the team is seeing a sharp uptick in contentious regulatory mandates including insider trading actions and workplace disputes logged by the Swedish Work Environment Authority.

Practice head(s):

Björn Tude; Daniel Waerme

Testimonials

‘It is a strong team with great competence and where G&D uses cutting-edge expertise internally in a very good way, this means that a complicated case is not just led by a lawyer, instead unique competencies are used for different parts. G&D also involves you as a customer in a very good way throughout the process.’

‘I am lacking words! Excellent!’

‘Good listeners!’

Key clients

Naftogaz of Ukraine

Swedbank

Carnegie Investment Bank

The Dunker Foundation

Nobina

Statkraft Group

Skandinaviska Enskilda Banken (SEB)

AIG

Neova

Hi3G

Work highlights

  • Represented Naftogaz regarding a gas supply contract in the largest ever commercial arbitration in monetary terms and a gas transit contract in another separate arbitration against Gazprom.
  • Represented the Dunker Foundation in multiple proceedings against the former board members of a Swedish company.
  • Represented the former board members of a publicly listed company against SEK240m claims concerning alleged violations of the Swedish Companies Act in relation to securities issued by the company.

Sweden > Data privacy and data protection Tier 3

Gernandt & Danielsson Advokatbyrå has extensive experience in handling data protection work, including handling safe data transfer matters for regulated industrial clients. Niclas Rockborn, who leads the practice, focuses on regulatory issues for a wide range of clients including banks, insurance asset management companies and other financial institutions. Counsel Ulrika Forsberg is also a core member of the team, as is associate Dena Dervanović.

Practice head(s):

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
■ M&A
■ Banking & Finance
■ Competition
■ 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.

M&A:
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.

Financial Services:
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.

Real Estate:
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.

Competition/Antitrust:
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.

Intellectual Property:
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.

Clients:
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.

International Work:
Gernandt & Danielsson has consolidated its position as a leader in high profile international transactional work, as well as in international disputes and arbitrations.

DepartmentNameEmailTelephone
Arbitration Björn Tude
Litigation Björn Tude
Banking and finance Björn Svensson
Banking and finance Sofie Viktorsson
Financial regulation Niclas Rockborn
Financial regulation Nils Unckel
Capital markets Fredrik Palm
Corporate and commercial Tobias Larsson
Corporate and commercial Mikael Borg
Employment Andreas Holmqvist
Intellectual property, media, IT and telecommunications Mats Hugoson
Mergers and acquisitions Manfred Löfvenhaft
Mergers and acquisitions Tobias Larsson
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
Energy Fredrik Palm
Corporate investigations Daniel Waerme
Corporate investigations Niclas Rockborn
Number of lawyers : 80 (approx)
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Contact : Manfred Löfvenhaft