Published
02/02/2024
Morris Law has assisted dSPACE in connection with dSPACE’s purchase of all shares in Fengco Real Time Control Aktiebolag (”Fengco”). Fengco is a company with over 20 years of experience in model-based development and control engineering. Fengco provides tools for the development and testing of embedded control systems, from prototype to final product with verified functionality. Fengco acts as distributor of dSPACE’s products on the Swedish market and is pending name change to dSPACE Nordic AB.
dSPACE is one of the world's leading providers of simulation and validation solutions used in the development of connected, self-driving and electrically powered vehicles. With the company's end-to-end range of solutions, automotive manufacturers and their suppliers in particular develop and test software and hardware components for their new vehicles long before a new model hits the road.The portfolio ranges from end-to-end solutions for simulation and validation to engineering and consulting services to training and support. With more than 2,400 employees worldwide, dSPACE is providing off the shelve products as well as customer specific solutions worldwide.
Morris Law's team mainly consisted of Racine Ashjari and Therese Andersson.
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).