Published
16/01/2024
Morris Law has assisted Never Eat Alone Invest III AB (“NEA Partners”) in connection with NEA Partners’ investment in Bookea Vulkan Group AB.
Bookea is an innovative publishing group based in Stockholm. The company was founded in 2008 with the vision of lowering the barriers to getting a book published – both in physical and audiobook formats. Bookea is currently a leading player with a comprehensive digital offering and is one of Sweden's fastest-growing publishers, historically releasing over 10,000 unique titles.
NEA Partners is a Swedish investment company founded in 2017 with the idea of combining the best of entrepreneurship, network, and capital.
Morris Law's team mainly consisted of Martin Prager 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).