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International Law

: Swedish Law Blog

Swedish Law ? Company Reorganisation ?Company?s Agreements (continued)

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The provisions about what happens to the agreements of a Swedish company undergoing reorganisation apply even if the parties have agreed otherwise. Any agreement contrary to the rules in the Act is null and void.

It should also be noted that the provisions do not apply to employment contracts not to creditors holding financial instruments or currency as security.

Full post as published by Swedish Law Blog on March 11, 2009 (boomark / email).

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