Foyen Advokatfirma

16th of June 2020 Partner Jonas Nilsson and associate Johanna Lenell have successfully represented one of Foyen's clients before the Supreme Court of Sweden. The judgment was handed down today, Tuesday 16 June. A major construction and contracting company was seeking almost SEK 10 million in compensation for personal liability under the Companies Act when the case was filed in the courts. The question which the Supreme Court has now considered is when in time liability for litigation costs arises. The Supreme Court agreed with the position advocated by us that an obligation to pay litigation costs arises on a continual basis as the costs are incurred and not when the judgment is issued. Given the outcome in the Supreme Court, the earlier holding by the Court of Appeal for Western Sweden remains in force and our client is only ordered to pay SEK 50,000 to the opposing party in respect of a minor issue in the case, while our client has their litigation costs compensated by the other party. For more information contact: Jonas Nilsson, Partner +46 708-25 78 79, [email protected]

Photo:“The Construction Partnering Book” - cover and author John Hane, the chairman of Foyen’s Board of Directors. Construction and engineering projects involve major investments and significant time and costs pressure, not seldom resulting in quality problems in the final results. Over the past 20 years, interest has grown notably in Sweden for alternative models for carrying out construction projects. One such model involves a higher level of cooperation or “partnering”.

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Maria Wallenborg Ekdahl will take over as the CEO of Foyen from 2 April 2020. Maria comes most recently from her role as Chief Financial Officer at AG Advokat and has 13 years’ experience within the legal profession. The recruitment is part of Foyen’s development to become Sweden's largest commercial law firm within project and technology related law.

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Foyen hasassisted Kalpataru Power Transmission Sweden AB (KPTS) in its acquisition of 85% of the shares in Linjemontage i Grästorp AB with subsidiaries.

Foyen Advokatfirma has recruited Landshypotek Bank’s former HR manager Annelie von Dahn as its new HR manager. Annelie will be responsible for developing Foyen’s operations through its human capital and will serve in the firm’s management group, writes Foyen in a press release.

Foyen's Boardof Directors grows through the addition of Johan Sköld, a co-opted director from Chalmers Ventures AB. Johan's extensive experience in IT and business development further strengthens the board's work in developing Foyen into Sweden's leading law firm for project and technology-related law,writes Foyen in a press release.

Foyen has advised Canadian mining company Mandalay Resources Corporation inits marketed public offering of shares (subscription rights) on the Toronto stock exchange for aggregate gross proceeds of 43 million CAD (32 MUSD).Mandalay is the 100 % owner of the Bjorkdal gold mine in northern Sweden and the transaction has required legal opinions regarding all companies and permits in the Swedish business operation.

Foyen Advokatfirma has recruited lawyer Erika Stjärnström from the Göta Court of Appeal. Erika has joined the law firm's Construction business sector, writes Foyen in a press release.

Foyen Advokatfirma, together with PwC, hasassisted Salem Municipality in a purchase and sale of a property over thecourse of a single day, generating a profit of SEK 38 million.

Press release 18th of December 2018 Partner Jonas Nilsson and associate Johanna Lenell have successfully represented one of Foyen's clients before the Court of Appeal for Western Sweden. The judgment was issued on 18 December.

On June 1, 2017 the Swedish Government decided to instruct an investigatory committee to analyze the potential actions or measures necessary to efficiently ensure that sufficient collateral security is in place in mining operations for remediation and other restorative measures. The investigation adopted the name the “The investigation into financing regarding mining waste” and was submitted to cabinet minister Karolina Skog in June 2018 (SOU 2018:59).

Foyen has advised Australian mining company Dragon Mining Limited in its listing of shares on the Hong Kong Stock Exchange (HKEX) on 5 November 2018. Dragon Mining is principally engaged in gold exploration, mining and processing with operating mines, pre-production mining assets and production plants in Sweden and Finland. Foyen's assignment has included environmental/permitting and corporate due diligence regarding the Swedish operation. The listing comprised a public offering for a total of 50,000,000 shares and the total funds raised were approximately HK$101 million(116 MSEK).

Foyen Advokatfirma has recruited senior associate Fatoma Hafström fromSkanska Sverige AB. Fatoma joins Foyen's Construction business sector, writesFoyen in a press release. 

The renewable energy company OX2 has been engaged to construct four wind power farms with 25 wind power plants (107.4 MW) in Finland. This will be the largest unsubsidised wind power project to date in the Nordic region.

Getting the Deal Through is a publication covering 75 business areas and containing information and analysis related to more than 150 jurisdictions. Many of the world’s leading lawyers and law firms have cooperated on Getting the Deal Through with the aim of compiling a unique information resource. The various sections in the publications have been authored by experts within the relevant subject area and jurisdiction. We assist our clients with a number of mining related issues such as land access and permit handling. We also have extensive experience in joint ventures, project finance, acquisitions, contracting and procurement. Foyen is the proud co-author of the global legal guide to mining, Getting the Deal Through – Mining 2018. The guide provides a quick overview of mining legislation in 28 countries.  The section on the Swedish mining industry has been written by partners Pia Pehrson and Peter Dyer. Foyen also contributes to the section Getting the Deal Through Construction 2018 and Project Finance 2018 >> Accreditation: Reproduced with permission from Law Business Research Ltd. This article was first published in Getting the Deal Through – Mining 2018 (Published: July 2018). For further information please visit www.gettingthedealthrough.com.

13 April, 2018 Foyen has assisted NetNordic in its acquisition of 100% of the shares in Efftel AB, including its subsidiary Efftel Solutions AB. Efftel delivers cloud based telephony and communication services to Swedish businesses. Efftel has 12 employees and revenues of ca. SEK 20 million.

15 March, 2018 Stena Renewable AB builds 16 wind turbines in the Kronoberget wind power farm and three wind turbines at Vindpark Saxberget. The new capacity adds on to Stena Renewable’s existing 17 wind turbines in operation at Saxberget.

20 February, 2018 Foyen Advokatfirma has recruited corporate counsel Johan Bogren from E.ON. Johan joins the firm’s Construction; Energy, Land and Environment; and Commercial Law practice groups.

14 February, 2018 Foyen Advokatfirma has recruited general counsel Ulrika Hedberg from Trelleborg Municipality. Ulrika is a member of the law firm’s Public Sector, Construction and Real Estate business areas, writes Foyen in a press release.

Getting the Deal Through is an international publication covering 75 business areas linked to more than 150 jurisdictions and collaborating with many of the world's leading law firms. The different sections are written by experts in each area, and we at Foyen are proud to represent Sweden with our latest contributions regarding the construction law and project financing areas in Construction 2018 and Project Finance 2018.

12 January, 2018 The renewable energy company OX2 has executed a sale and purchase agreement with Fontavis, a Swiss asset manager specialising in renewable energy and infrastructure investments.  The agreement is for 33 MW from the Orrberget wind power farm, with nine wind power turbines, which will be constructed in the Municipality of Ludvika.

20 December, 2017 The renewable energy company OX2 has been awarded the contract to construct the 357 MW Valhalla wind power farm with 85 wind power plants in Sweden. It will be one of the largest land-based wind power farms in Europe. The customer for the project is Aquila Capital.

19 October, 2017 Foyen is the proud co-author of the global legal guide to mining, Getting the Deal Through – Mining 2017. The guide provides a quick overview of mining legislation in 28 countries. Getting the Deal Through is a publication covering 75 business areas and containing information and analysis related to more than 150 jurisdictions. Many of the world’s leading lawyers and law firms have cooperated on Getting the Deal Through with the aim of compiling a unique information resource. The various sections in the publications have been authored by experts within the relevant subject area and jurisdiction.

7 November, 2017  Walerud Ventures, together with Almi Invest, recently invested SEK 7.5 million in Ekkono Solutions. Ekkono Solutions' business involves "machine learning" and linked objects, also known as the Internet of Things (IoT), with a focus on the manufacturing industry. Ekkono's solutions allow IoT products to learn and adapt, which results in production optimisation and minimisation of manual monitoring/service. 

12 December, 2017 Foyen continues to grow and, on the path to our goal of becoming Sweden’s largest business law firm in project and technology-related law, Foyen has named three new partners. Christoffer Löfquist, Oscar Wackling and Richard Sahlberg who will become partners of the firm beginning on 1 January 2018.

15 December, 2017 Foyen has assisted Pegital in the acquisition of the services company, IT-Hantverkarna. Through the acquisition, Pegital expands its business operations to cover IT services for small and midsize companies. Pegital owns the accounting firm Fortner, the home services company HomeMaid, and Veteranpoolen. All of the just over 80 employees of IT-Hantverkarna will join Pegital.

4 October, 2017 Foyen has advised Canadian mining company Mandalay Resources Corporation in its negotiation of a 40 million USD revolving credit facility with HSBC Bank Canada. Mandalay, which is listed on the Toronto Stock Exchange, is the 100 % owner of the Bjorkdal gold mine in northern Sweden and the transaction has required a number of contracts regarding the Swedish business operation. Foyen’s team was led by partner Peter Dyer, assisted primarily by associate Elinor Pejryd.

22 September, 2017 Huge Fastigheter is selling nine public-use properties with public operations in Huddinge comprising a total lettable area of 8,750 m² and approximately SEK 16.8 million in rental income. The buyer is Samhällsbyggnadsbolaget (SBB), which shall take possession of the properties in the beginning of October 2017.

 Press release 29th of August 2017 Foyen Law Firm has recruited procurement manager Johanna Hellström from Alingsås Municipality. Johanna joins the law firm's Public and Construction business sectors, writes Foyen in a press release. Johanna comes most recently from Alingsås Municipality where she worked as a procurement manager for two and a half years in charge of the municipality's procurement activities and with personnel responsibility for five employees. As procurement manager, Johanna has had a role as a coordinator and strategist that involved decision support for the municipal leadership with respect to various legal issues and responsibility for training in procurement, both internally within the municipality and externally directed towards the business community.

30 June, 2017 Åby Travsällskap has entered into a joint venture with Klövern for the construction of a trade fair centre and hotel adjacent to the Åby Racetrack in Mölndal. The project value is approximately SEK 500 million and approximately 30,000 sq. m. of lettable space is involved.

Press release 29th of June 2017 Foyen Advokatfirma has recruited senior associate Ann Liljedal from the Administrative Court in Falun. Ann joins Foyen’s Public Procurement and Construction business sectors.

16th of June, 2017  Slussgården sells the property Lammet 17 located at Korgmakargränd 2-6, Bryggargatan 4 and Gamla Brogatan 13, a short distance from Drottninggatan and Kungsgatan. Slussgården acquired the property during the summer of 2014 from Fabege.

9 June, 2017 InnoEnergy recently invested EUR 3.5 million in Northvolt AB in order to enable development of Europe’s first large-scale battery production facility.

17 March, 2017 The Foyen Law Firm represented Autoadapt AB and its subsidiary Unwin in the acquisition of the Danish company, Martech, Kliplev A/S.

17 March, 2017 The renewable energy company OX2 has been awarded a contract to build the 14.4 MW Ykspihlaja wind power farm with 4 wind power plants in Finland. The customer is Aquila Capital.

13 February, 2017 The Swedish Supreme Administrative Court has recently ruled that drones equipped with cameras are subject to the Swedish Camera Surveillance Act. This means that photographing with drones in public areas requires a permit from the county administrative board. The Swedish Supreme Administrative Court’s decision has given rise to lively debate. Set out below is an attempt to clarify some of the current issues related to flying drones.

– the legal industry’s only law firm director who is not a member of the Swedish Bar Association  17 January 2017 Linnéa Djursén took over as CEO of Foyen the 1st of January 2017. This makes Foyen the only major law firm in Sweden with a CEO who is not a member of the Swedish Bar Association. In addition, Linnéa Djursén is one of the few women executives in the industry. The goal is for Foyen to be the obvious choice for clients with technology-intensive businesses in need of legal expertise.

13 January, 2017 Nyköping Municipality recently completed a strategic acquisition of a property of approximately 100,000 square meters in Arnö. The Technical Division in Nyköping Municipality will now be relocated to the property, which in turn will enable the construction of 200-300 centrally located Residences. The size of the property also allows for future relocation of other municipal activities and, consequently, among other things, the creation of additional new housing opportunities in central Nyköping. The property was conveyed by Schneider Electric for a purchase price of SEK 56 million.

12 January, 2017 General Atlantic and a consortium comprising investors Pierre Siri, Henrik Persson and investors involved in Merro, an investment company, are becoming the new owners of Hemnet. The amount of the sale is SEK 2 billion. The current owners, Mäklarsamfundet and Fastighetsmäklarförbundet, will retain minority interests in Hemnet. The previous owners, Fastighetsbyrån and Svensk Fastighetsförmedling, are selling all of their holdings in Hemnet.

2 December, 2016   The ranking of tenders in framework agreements for architectural and engineering and consultants is destroying the industry. The purchaser is the big loser. Now when the Public Procurement Act is being reformed, there is a possibility to engage consultants in a better way. John Hane hopes that purchasers make use of the opportunity.

 – increasing focus on business law within the energy sector 5 December, 2016  Foyen continues to enhance the firm’s offer of business law services through the recruitment of four lawyers from the Nyman Rudenstam Law Firm. With the recruitments, Foyen becomes an even stronger force in business law within the energy sector. At the end of the year, Tomas Rudenstam and Jonas Conradsson will join the firm as partners. At the same time, associates Yasmine Shoaie-nia and Elinor Pejryd from Nyman Rudenstam will also join the firm.

29 November, 2016 The renewable energy company OX2 has been awarded the construction contract for the Högkölen wind farm generating 65 MW (18 wind power turbines) in Ljusdal. The customer is Aquila Capital. Foyen Advokatfirma assisted OX2 in the negotiations regarding the turbine supply agreement and the service agreement. The partner in charge at Foyen was Jacob Hamilton.

22nd November 2016 The Foyen Law Firm represented Slussgården in its acquisition of Skanska’s Snäckan 8 office property in downtown Stockholm, where KPMG previously had its headquarters. Through the purchase, Slussgården increases its ownership by just over 23,500 square metres. The acquisition is conditional on a new zoning plan and building permits.

31 October, 2016 Getting the Deal Through is a publication covering 75 business areas and containing information and analyses related to more than 150 jurisdictions. Many of the world’s leading lawyers and law firms have cooperated on Getting the Deal Through with the aim of compiling a unique information resource. The various sections in the publications have been authored by experts within the relevant subject area and jurisdiction.