Looking The Other Way: Recent Cases Of AML And Sanctions Failings In Scandinavia
On June 28, 2024, the United States Patent and Trademark Office (“USPTO”) requested the public’s views on the current state of the common law experimental use exception to patent infringement and whether legislative action...more
In the absence of a formal declaration or notification to UNIDROIT, Alternative A (as adopted domestically by Sweden) is deemed to have no international effect and no applicability in U.S. bankruptcy case. Although Sweden...more
In response to the EU Pay Transparency Directive, which requires employers operating in European Union member states to report on pay data, Trusaic will be evaluating the state of each country in the EU’s current gender pay...more
In its recent judgment in Tristan Oil Ltd v The Scheme Creditors (BVIHCM 2023/0120) the BVI Commercial Court (the Hon. Justice Paul Webster (Ag.)) has considered the question of when a party not bound by a scheme of...more
The past 12 months have not been the best for European IPO activity, with EMEA IPO proceeds (including SPACs) falling 24 percent year-on-year to US$22.19 billion. After a challenging year when IPO appetite was impacted...more
Sweden’s accession to NATO provides not only increased political stability in Northern Europe, but also presents significant opportunities to Swedish companies. On March 7, 2024, after a nearly two-year delay, Sweden...more
1. INTRODUCTION TO THE VARIOUS AVAILABLE LEGAL ENTITY TYPES - The most common form of legal entity to start a newco in Sweden is through a Limited Liability Company (Sw. Aktiebolag). There are, however, other types of...more
Please note, while we address some country-specific updates related to the COVID-19 pandemic, this Alert contains information regarding global restrictions and closures as they stand today. Given the constantly changing...more
The past 12 months have seen three major rights issues by Swedish corporates, each raising approximately SEK 10 billion in new equity. White & Case advised on all of them. In recent talks with other corporates considering the...more
1. TYPES OF ENTITIES AVAILABLE IN SWEDEN THROUGH WHICH TO CONDUCT BUSINESS AND MATTERS TO BE CONSIDERED WHEN CHOOSING A BUSINESS ENTITY TYPE - The most common form of business association in Sweden is a Limited Liability...more
Now in its seventh year of annual publication, White & Case's Foreign Direct Investment Reviews provides a comprehensive look into rapidly evolving foreign direct investment (FDI) laws and regulations in approximately 40...more
Corporate deals in the region proved to be more resilient than private equity (PE) as financing costs rose, with exits showing weakness - M&A market activity in the Nordics (Sweden, Denmark, Norway, Finland and Iceland)...more
On November 25, 2022, the Swedish National Platform for Nanosafety (SweNanoSafe) and the Swedish University of Agricultural Sciences (SLU) held the Fifth Annual Research Network Workshop. According to SweNanoSafe’s December...more
As the year draws to an end, it is clear that 2022 will be the year when short-selling activism and short-seller reports gained real traction in Sweden. From being virtually unheard of in the Swedish context, the use of...more
The tribunal in Green Power v. Kingdom of Spain declined jurisdiction, finding that the parties had not validly consented to arbitration under the Energy Charter Treaty. A tribunal seated in Sweden has become the first...more
Senate Scrambles Ahead of Summer Escape. While members of the U.S. House of Representatives returned home for the August congressional recess, the U.S. Senate remained in Washington, D.C., this week to wrap up some...more
Effective from 1 August 2022, a new Restructuring Act (Sw. lag om företagsrekonstruktion), which implements the EU Directive on restructuring and insolvency (the "Restructuring Directive"), comes into force in Sweden. As...more
Below is this week’s congressional update by BakerHostetler’s Federal Policy team. We’ll continue to post in weeks when both chambers of Congress are in session....more
In the last post, we discussed the fact that INTERPOL’s new president, Ahmed Nasser Al-Raisi, is the subject of multiple human rights violations allegations (these have been raised in the countries named in the post title,...more
Prior to being elected President of INTERPOL, Major General Ahmed Nasser al-Raisi was the subject of several accusations of human rights violations in connection with his law enforcement role in the United Arab Emirates. For...more
1. DESCRIPTION OF THE TYPES OF ENTITIES AVAILABLE IN EACH JURISDICTION THROUGH WHICH TO CONDUCT BUSINESS AND MATTERS TO BE CONSIDERED WHEN CHOOSING A BUSINESS ENTITY TYPE - The most common form of business association in...more
On December 17, 2021, the new Whistleblowing Act (2021:890) entered into force, implementing the EU Whistleblowing Directive (2019/1937). The new act provides protection of persons who, in a work-related context, have...more
New rules require transactions involving Swedish security-sensitive activities or assets to undergo a security screening - Sweden remains a country that recognizes the beneficial effects of foreign direct investment (FDI)...more
In fall 2020, the Swedish National Platform for Nanosafety (SweNanoSafe) organized three workshops on education within nanosafety, with the goal of starting and consolidating an education network. The first workshop focused...more