Published
14/05/2020
Morris Law acted as legal advisor when the owner of Global Freight Solutions Sverige AB brought in French Bolloré Logistics as the new majority shareholder. The transaction strengthens Bolloré’s position in the Nordic region and expands its capacity to offer Swedish exporters new solutions for successful market entry in Africa, the Middle East, and Asia.
Global Freight Solutions is an independent freight forwarder and shipping agent, providing tailored logistics solutions worldwide. With the new ownership, the company gains access to a broader international network and the resources of a global logistics leader.
Bolloré Logistics operates in over 100 countries and is part of the Paris-listed Bolloré Group, which generated approximately EUR 23 billion in revenue in 2018.
Morris Law’s team – Racine Ashjari and Therese Andersson – supported the sellers throughout the process, including structuring, negotiations, and drafting of agreements.
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).