About

Before moving in-house in 2012, Lindström accumulated almost five years of experience as an associate at law firms Setterwalls and Mannheimer Swartling. Thereby developing his skills in corporate law, international arbitration and commercial litigation before moving to Rederi AB TransAtlantic. Thony Lindström has recently accepted a job at Floatel International Ltd, a Swedish based shipping company that specialises in Offshore Accommodation Vessels. Being the first lawyer ever to be employed by Viking Supply Ships AB and its subsidiary Rederi TransAtlantic AB, Lindström set up the legal department and determined his own role. As the general counsel of a listed company he became part of the management team and contributed in changing their way of working. Legal scrutiny for instance, is now incorporated in the company’s Investor Relations. This has led to a significant reduction of costs incurred for external counsel. Working under extreme time pressure in financially distressed situations whilst providing quality legal advice is challenging, but Lindström enjoys driving decision-making at the very beginning of the process. When he started in 2012, the group was loss-making and not performing to its usual high standards. Lindström has played a key role in an extensive restructuring scheme, leading on many parts of the cost-side of the business, which contributed to a turnaround in company profits. This has included divesting subsidiaries which were determined as not belonging to the core of the business, reflagging and change of management for the entire fleet of vessels, reducing the legal entities from 55 to 20, renegotiating bareboat charters and other financing obligations. Together with improved sales and an improved market, the group showed positive results in 2014 with a SEK 200 million profit.