Mandate

Vinge advised Tele 2 in the largest competition damages case in Sweden

May 27, 2016

Stockholm District Court delivered its judgment today in the largest competition damages case in Sweden to date.

According to the judgment, Telia shall pay damages in the amount of SEK 240 million plus interest to Tele2. The total damages awarded thus currently amounts to approximately SEK 500 million. Notice of appeal must be submitted to Svea Court of Appeal on or before 16 June 2016.

The case relates to damages for alleged abuse of a dominant position by Telia at the beginning of 2000. The alleged abuse consisted of so-called margin squeezing in connection with the provision of resale services for broadband connections via ADSL.

Vinge’s team consists of advokat Johna Karlsson (partner) and advokat Mikael Broomé as well as counsel Richard Westman and associate Karl Samuelsson.

Related

Vinge has advised EQT AB in connection with the refinancing of EQT’s EUR 1,500,000,000 sustainability-linked revolving credit facility

The sustainability-linked credit facility has a tenor of 5 years with two 1-year extension options.
July 23, 2024

Vinge has advised Embracer Group in connection with a EUR 600 million multicurrency revolving facility agreement

Vinge has advised Embracer Group in connection with a EUR 600 million multicurrency revolving facility agreement entered into with BNP Paribas, Citibank Europe, DNB, JP Morgan, Nordea, SEB and Swedbank.
July 19, 2024

Vinge has advised SBB and Sveafastigheter in connection with an exchange offer

Vinge has advised Samhällsbyggnadsbolaget i Norden AB (SBB) and Sveafastigheter AB in connection with an exchange offer directed to investors in SBB’s outstanding bonds, whereby investors exchanged senior and hybrid bonds in SBB for new senior bonds issued in Sveafastigheter AB. The existing bonds were partly issued under SBB’s EMTN programme, partly on a standalone basis. Following the transaction, the investors have been slotted in under Swedish bond terms on a standalone basis.
July 09, 2024