Published
07/10/2020
Morris Law has advised Coeli Tyresö AB, a company within the alternative investment fund Coeli Fastighet II AB, in the acquisition of the real estate Tennet 4 in Tyresö.
Coeli Fastighet II AB is an alternative investment fund focusing on real estates where there are opportunities to create development rights for residential purposes or other commercial real estates with good potential and value creation.
Through the acquisition, Coeli is strengthening its real estate portfolio within Coeli Fastighet II AB and the plan for the acquisition is that the real estate in the long run will be converted into housing.
Morris Law's project group consisted mainly of Racine Ashjari, Per Nylander and Victoria Kedner.
Morris Law has acted as legal advisor to Åhléns Group in connection with the company’s successful issuance of senior secured bonds in the amount of SEK 500 million, under a framework of up to SEK 1 billion. The bonds have a tenure of three and a half years and carry interest at STIBOR 3 months plus 5 percent per annum.
Pursuing a dispute always involves financial risk – even when the case is strong. It also places pressure on a company’s liquidity throughout the process. As a result, many companies choose to abandon even well-founded claims. Through our collaboration with Litigium Capital, we offer flexible pricing models that make it possible to pursue legal proceedings without bearing the full cost yourself. You retain control of the process – we share the risk.
Morris Law has entered into a collaboration agreement with legal financing company Litigium Capital for the financing of disputes. The agreement, likely the first of its kind in the Nordic region, means that Litigium Capital will invest in a portfolio of disputes managed by Morris Law on full or partial contingency (under a success-based fee model).