Morris Law acted as legal advisor in the divestment of Wackes to IDÉ Group AS
Morris Law has acted as legal advisor to the owner of Wackes AB and Wackes AS in connection with its divestment of the shares in Wackes AB and Wackes AS to IDÈ Group AS.
Published
02/02/2024
dSPACE is a global leader in simulation and validation solutions used in the development of connected, autonomous, and electric vehicles. With over 2,400 employees worldwide, the company provides comprehensive solutions, engineering services, and support to leading OEMs and suppliers across the automotive sector.
Fengco has long served as the exclusive distributor of dSPACE products in Sweden. Through this acquisition, dSPACE strengthens its local presence and long-term commitment to the Nordic market.
Morris Law’s team, led by Racine Ashjari and Therese Andersson, supported the client throughout the transaction – from legal due diligence to contract negotiation.
Morris Law has acted as legal advisor to the owner of Wackes AB and Wackes AS in connection with its divestment of the shares in Wackes AB and Wackes AS to IDÈ Group AS.
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.