Published
12/12/2024
Morris Law has acted as legal advisor to the owners of Trexab Bygg-Sanering AB in connection with the divestment of the shares in Trexab to Circura.
Trexab provides construction services in infrastructure-adjacent environments, with several large public and private clients. The company has a turnover of roughly SEK 250 million and approximately 50 employees. All shareholders and key personnel in the organization have, in connection with the transaction, reinvested a portion of the purchase price, thereby becoming co-owners in the Circura Group.
Circura was founded in 2021 with Adelis Equity Partners as the main owner and is Sweden's leading group in the renovation and servicing of properties. The company operates in a decentralized and customer-focused manner, utilizing the resources of a large company to renew and enhance Sweden's buildings. Circura's ambition is to unite and develop specialized companies that operate locally.
The team at Morris Law mainly consisted of Gustav Thorslund, Hedda Sahlin Ekberg and Martin Prager.
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).