Published
06/11/2024
Morris Law acted as legal advisor and assisted Sweden Timber in the acquisition of all shares in Aspa pulp mill from Ahlstrom
Aspa pulp mill produces bleached and unbleached long-fiber sulfate pulp. The pulp produced at Aspa is of the highest quality and is sold worldwide for a variety of applications. Aspa has a production capacity of 200,000 tons and employs 174 people.Sweden
Timber is a Swedish-owned wood and paper manufacturer with production facilities in southern Sweden. Sweden Timber manufactures sustainable paper products, sawn and planed timber, as well as bio-composite granules where wood replaces plastic.
The acquisition of Aspa is a further step in Sweden Timber’s strategy to continue growing and developing the company. Through this acquisition, Sweden Timber expands its existing product portfolio of paper, timber, and wood fiber composites with pulp products.Morris Law is proud to have had the opportunity to assist Sweden Timber in this transaction.
The team at Morris Law primarily consisted of Therese Andersson and Carl Friberg.
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).