Published
22/12/2022
Morris Law has been a legal advisor to the owners of Delta of Sweden Aktiebolag in connection with Pamica Group’s acquisition of all shares in the company.
Since the start in 1997 Delta of Sweden has pioneered the sand category within the activity of toys market. Today, Delta of Sweden is an innovative and dynamic technology company based in Halmstad specialized in the creation and development of unique and distinctive compounds based on their patented technologies, mainly for sand-based products.
Pamica Group is an investment company based in Halmstad that invests in small and medium-sized companies with historical profitability and with a clear growth opportunity.
Morris Law's team consisted mainly of Racine Ashjari, Per Nylander and Agnes Fahlén.
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).