Finance law sweden
Sweden, also called as Kingdom of Sweden officially, is a country located in the northern part of European Continent. It became a member of European Union on 1st January, 1995. Its capital is Stockholm. In terms of area, it is 3rd largest country in the continent and is one of major exporter of copper and iron ore and timber across the world. There are many types of business activities relating to industries and corporate bodies found here. Finance law in Sweden is quite elaborative with many functional areas that cover all the types of business and industrial activities found here.
Finance law is enforced by Swedish Enforcement Administration, which is also called as Kronofogdemyndighheten. It is basically the Swedish Tax Board law enforcement service and carries out necessary judgments with respect to finance law in Sweden. In the past few years, role of finance law has increased due to the fact that frequency of liquidation bankruptcies in Sweden has increased as compare to other countries in the European continent. As per the survey made from 1985 to 1996, Sweden along with Finland and Norway has higher number of bankruptcies. These pertain to domestic companies as well as overseas companies. Hotels and restaurants are among the leading centers to declare bankruptcies. This has called for a strict financial laws governing set up and management of these organizations. Shell companies are also believed to have increased the number of bankruptcies here. Financial institutions like banks etc do not file for bankruptcy so frequently. Above incidents have also increased the role played by various law firms dealing in financial affairs in Sweden.
Finance law in Sweden comes under Business and Finance Law. It has been divided into many sections. These are updated at regular intervals. For example, 2006:484 is the law regarding the franchisors duty to provide required information whenever requires. Section 2004: 451 deals with the Product Safety Act applicable in Sweden. Price Indication Act is one of important acts of finance and is covered under section 2004: 347. Auditor Act has been covered under 2001: 883 whereas 2000: 606 covers the Bookkeeping Ordinance. Annual reports and budgets have been covered under the section 2000 : 605 of business and finance law. It is governed by Swedish National Financial Management Authority.
Law firms
Advokatfirman Liljeblan and Co. is one of renowned law firms in Sweden that practices in different areas of finance law in Sweden. It is located at Biblioteksgatan 11, Box 7425 103 91 Stockholm Sweden. Contact number of this law firm is + 46 8-440 5100. It was founded in the year 2004. This law firm practices basically in commercial and business law. It specializes in transactional law and is one of best law firms to be contacted for mergers and acquisitions. It also represents domestic and foreign companies in relation to different types of business transactions. Lawyers at this law firm are quite experienced in different areas of legal practice and most of them have also worked as corporate lawyers. It also offers international law services by means of its contacts in New York, London and other cities across the world. Mission of this law firm is to ensure the business success of its clients. First area of finance law in Sweden in which it provides services across the nation is Merger and Acquisitions. It represents sellers, buyers and other intermediaries in transfer structuring, financing issues, problem resolution etc in corporate as well as private acquisitions.
Banking and Finance is other area of finance law in Sweden where services are provided. Lenders and borrowers are represented in various types of financial transactions. Various types of services offered in this area include option programs, derivatives and convertibles, stock exchange admission, securitization, leasing, syndicated and bilateral loans and other areas of financing. Corporate Law is also an important constituent of finance law in Sweden. This law firm represents Swedish as well as foreign companies in the matters related to corporate law. Various types of services provided include joint ventures, stock exchange admission, public offers, capital procurement, privatizations, venture capital investments and incentive programs. Similarly, matters pertaining to Contract Law are also taken up. This includes areas of law pertaining to agency contracts, distribution agreements, drafting of purchase agreements, cooperation agreements, commercial rental and leasing agreements, retailer agreements, shareholders agreements and franchising agreements. Insurance Law is also an important constituent of finance law in Sweden. Brokers as well as insurance companies are represented. Other areas served under the law include company transfers, mergers and acquisitions, captive establishments, broker business license and other related regulator matters. Insurance contracts are also drafted. One of most important areas of finance law served by this law firm is Venture capital and private equity. Services related to this field include representation of private equity and venture capital funds, financial advisers, entrepreneurs, and transfer structuring.
Similarly, matters pertaining to marketing law are also taken up. The reader should note here that in the past few years, demand for the competent and experience lawyer has increased to a great extent. This law firm has extensive contacts with the advertising agencies and helps its clients in formulation of advertising agreements, web agreements, sponsorship agreements etc. Review services pertaining to Television commercials, campaigns and advertisements are also provided. Intellectual Property Law matters are also taken up. Many successful companies obtain services for the protection of their intellectual property rights and it helps them to compete in a very competitive environment. Various types of services provided in this category of finance law include trade mark protection, patent, design and pattern and copyright. Employment matters are also included in the finance law cases and it provides many types of employment legal services. These include restructurings, business organization staffing, company transfers etc. Real Property law has become an important constituent of financial law in present times and services are provided regarding sale and purchase of corporate and private property, easement, leasehold properties, compulsory acquisitions and re-allotment. Apart from all of above, it also provides required assistance in arbitration procedures and court representations. These services are provided to domestic as well as foreign clients. Litigation and dispute handling services are provided in perfect manner with regards to labor disputes, damage suits, agreement interpretation dispute and insurance disputes.
Another law source providing services related to finance law in Sweden is Hokerberg and Soderqvist Advokatbyra. It can be conatacted at P.O. Box 7836, Kungsgatan 36, Stockholm 103 98, Sweden. Its contact number is +46 8 407 88 27. Goal of this law firm is to provide highest quality legal services to its clients in areas of finance law. It is always tried to provide the clients with best solutions with business and legal perspective. It specializes in many legal areas and its clients include medium sized and large companies. It is associated with one of largest bankruptcy practices in Sweden. Company reorganization, insolvency and capital market matters are also taken up. Various areas of finance law in which services are available include arbitration, appellate practice, project financing, civil law, property law, securities, litigation, corporate and business law, employment and labor law, mutual funds etc.
Similarly, Advokatfirman Delphi and Company is another law firm providing services in the area of finance law in Sweden. It is located at Regeringsatan 30-32, P.O. Box 1432 Stockholm SE 11184. Its contact number is +46 8 677 54 00 and is one of largest commercial law firms in Sweden. It was established in the year 1984 and has 5 offices across the globe. Various areas of finance law in which services are provided include Banking, commercial law, construction and copyright, labor law, communications, real estate, science and technology, trademarks, insolvency, international law, insurance etc.
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