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Advokatfirman Törngren Magnell KB

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Joint and several liability between debtors and effect of creditor's actions

Sweden - March 17 2017 The Supreme Court recently clarified how to interpret joint and several liability when the creditor settles with one of the debtors and

Enforceability of electronic promissory notes

Sweden - November 27 2015 The Supreme Court recently granted leave to appeal in a Court of Appeal case regarding the enforceability of an electronic copy of a negotiable

The brave new world of Bitcoin

European Union, Sweden - June 12 2015 One driving force is likely to be the growing interest in the potential of the technology behind modern virtual currencies. The use of block chain or

'Sufficient information' in creditworthiness assessment for consumer credits

European Union, Sweden - December 9 2016 Consumer credit may be granted only after the creditor has assessed the consumer's creditworthiness. The assessment must be based on sufficient

New information requirements for bond prospectuses and other financial instruments

Sweden - May 18 2018 The past two years have seen corporate bonds emerge as a natural alternative to bank loans on the Swedish financial market. While traditional bank

New information requirements for bond prospectuses and other financial instruments

Sweden - May 18 2018 The past two years have seen corporate bonds emerge as a natural alternative to bank loans on the Swedish financial market. While traditional bank

Joint and several liability between debtors and effect of creditor's actions

Sweden - March 17 2017 The Supreme Court recently clarified how to interpret joint and several liability when the creditor settles with one of the debtors and

'Sufficient information' in creditworthiness assessment for consumer credits

European Union, Sweden - December 9 2016 Consumer credit may be granted only after the creditor has assessed the consumer's creditworthiness. The assessment must be based on sufficient

Update on new legislation

European Union, Sweden - August 26 2016 Following a December 15 2015 report by the Financial Supervisory Authority, in late July 2016 the government issued directives for a commission of inquiry with the purpose of analysing the market for crowdfunding and peer-to-peer lending

New rules on crisis management for credit institutions

Sweden - February 26 2016 Sweden has now implemented the EU Bank Recovery and Resolution Directive into law, mainly through the Act on Resolution and the Act on Prevention of