This newsletter is updated to include the latest reliefs introduced by the Government.
News
Kluge has put together a team of experts who can assist with legal issues caused by the coronavirus.
Chambers Europe has published their results for 2020 Kluge is once again ranked as a band 1 firm in two of our core practice areas: Competition/Antitrust: Public Procurement and Construction.
Congratulations to Eurofins Scientific with completing the investment in Havlandet Forskningslaboratorium. Together with Havlandet, Eurofins shall build a centre of excellence for the aquaculture business in Florø.
The Norwegian Ministry of Finance released yesterday a proposal for the introduction of 15% withholding tax on interest, royalty payments and leasing in the Norwegian Tax Act. This is now part of a public hearing open for written submissions.
Stena Rederier AB announced on 18 December 2019 that it has entered into and closed an agreement to acquire 75 % of the shares in 7 Seas LNG & Power AS.
A team from Kluge's litigation group has written a contribution to the international publication “In House Laywer”, which targets at the same target group as the Legal 500.
Wellesley Petroleum AS has completed the transfer of its 20 % interest in the Duva field to PGNiG Upstream Norway AS.
The new publication of International Comparative Legal Guides: Sanctions 2020 covers 22 different jurisdictions sanction regimes, including their legal basis, sanction authorities, implementation and enforcement. The book provides guidance on how companies operating within international trade should maneuver in an increasingly complex legal landscape.
The Norwegian sporting goods chain XXL has acquired West System Norge AS, a Norwegian retailer of water sports equipment.