Swedish Trucking Co. Moves To Arbitrate Fundraiser's Claims

By Victoria McKenzie (October 12, 2021, 5:10 PM EDT) -- Swedish sustainable trucking startup Einride says a California investor must arbitrate claims that he was never paid for his work in rescuing the company from the jaws of failure with a successful $110 million fundraising campaign.

In a reply brief filed Thursday in California federal court, Einride said that the consultancy contract between "sophisticated venture capitalist" Christian Lagerling and the "fledgling startup in which he invested" clearly governs disputes over both debt financing and equity fundraising.

The relationship soured shortly after Einride's May 2020 announcement that it had raised $110 million ahead of its expansion into the U.S. In July of...

Stay ahead of the curve

In the legal profession, information is the key to success. You have to know what’s happening with clients, competitors, practice areas, and industries. Law360 provides the intelligence you need to remain an expert and beat the competition.

  • Access to case data within articles (numbers, filings, courts, nature of suit, and more.)
  • Access to attached documents such as briefs, petitions, complaints, decisions, motions, etc.
  • Create custom alerts for specific article and case topics and so much more!


Hello! I'm Law360's automated support bot.

How can I help you today?

For example, you can type:
  • I forgot my password
  • I took a free trial but didn't get a verification email
  • How do I sign up for a newsletter?
Ask a question!