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The Legal 500 Hall of Fame highlights individuals who have received constant praise by their clients for continued excellence. The Hall of Fame highlights, to clients, the law firm partners who are at the pinnacle of the profession. In Europe, Middle East and Africa, the criteria for entry is to have been recognised by The Legal 500 as one of the elite leading lawyers for seven consecutive years. These partners are highlighted below and throughout the editorial.
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Norway > Capital markets > Law firm and leading lawyer rankings
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Find out which law firms are representing which Capital markets clients in Norway using The Legal 500's new comprehensive database of law firm/client relationships. Instantly search over 925,000 relationships, including over 83,000 Fortune 500, 46,000 FTSE350 and 13,000 DAX 30 relationships globally. Access is free for in-house lawyers, and by subscription for law firms. For more information, contact david.burgess@legal500.com.
At Advokatfirmaet BAHR AS, joint practice heads Richard Sjøqvist and Robin Bakken specialise in debt and equity capital markets respectively. Clients include Pareto Securities and Aker; Haakon Flaatten and Svein Gerhard Simonnæs advised the latter on its NOK500m equity investment in Solstad Offshore. Other practitioners include Svein Gerhard Simonnæs and securities expert Bjørn Gabriel Reed. Lars Knem Christie was a new arrival in April 2018 from Selmer.
With ‘exceptional strength’ in the offshore and oil services sectors, Advokatfirmaet Schjødt AS recently advised Nel on a private share placement; it also handled Evry’s IPO and assisted Axactor with a share placement totalling NOK598m. Debt specialist Jon Kristian Sjåtil leads the department; Thomas Aanmoen, Viggo Bang-Hansen and Erling Christiansen are other names to note.
Selmer’s recent work includes advising Plantasjen and Apax Partners on a proposed dual-track IPO, assisting SpareBank 1 Østlandet with its Oslo Børs listing, and acting for Scatec Solar on its NOK380m private share placement. Debt expert Christopher Jensen and recently promoted partner Per Arne Dæhli are the key names. Lars Knem Christie joined Advokatfirmaet BA-HR DA in April 2018.
As ‘a clear leader in the market for equity capital markets thanks to a superior combination of legal understanding and business knowledge’, Advokatfirmaet Thommessen AS provides ‘outstanding advice’ across the full gamut of issues. Noteworthy practitioners in the ‘absolutely brilliant’ group include Einar Grette, Hans Cappelen Arnesen and Anders Arnkværn. Solveig Fagerheim Bugge made partner in 2017.
Wiersholm’s ‘high-quality and experienced’ team is jointly led by Tone Østensen and Sverre Sandvik. Highlights included assisting Arcus with its Oslo Stock Exchange IPO and advising Borr Drilling on two private share placements totalling $955m. Kristine Hasle Øverby was promoted to the partnership in 2017.
Dag Erik Rasmussen heads the ‘leading’ department at Wikborg Rein, which is ‘great for debt work’, particularly in the offshore, energy and shipping sectors; clients include Songa Bulk, Solstad Farstad and Questerre Energy. Rasmussen recently advised Rem Offshore on its restructuring, including a NOK170m equity placement.
Lars André Gjerdrum at Aabø-Evensen & Co Advokatfirma is ‘a preferred partner for many clients’, who praise his ‘brilliant market knowledge and pragmatism’. The group covers all elements of capital markets work, with ‘key expertise in equity transactions’. Hege Dahl joined from Arntzen de Besche in 2017.
Arntzen de Besche focuses on the oil, energy, offshore and fishery sectors, with recent work including advising Magseis on a private placement and assisting Norway Royal Salmon with its acquisition of a stake in Arctic Fish. Per Dagslet leads the group, which recruited Marianne Sahl Sveen and Lars Horgen Hinze from Wikborg Rein in 2017.
The ‘extremely client friendly and prepared’ Edvard Cock heads Advokatfirmaet CLP DA’s team, which also includes the ‘knowledgeable’ Andreas Kildal and ‘highly experienced’ Jakob Villum. The group has expertise in IPOs, public takeovers, securities trading and share placements.
Core sector focuses for the ‘tremendous’ practice at Advokatfirmaet Grette DA include life sciences, technology, energy and real estate sectors; clients include Oceanteam and Jool Markets. The ‘highly experienced and personable’ Andreas Myrstad leads the equity department, and Karl Rosén heads the debt team.
At Advokatfirmaet Haavind AS, clients praise practice head Cornelius Sogn Ness, who is ‘well recognised in the market for his broad knowledge of transactions from both an equity and debt standpoint’ and ‘has a strong track record advising on public takeovers’.
Kluge Advokatfirma AS leverages its strength in the offshore and energy sectors to advise a client roster including Reach Subsea, which the group assisted with a private placement and restructuring. Avinor and Marine Harvest are also clients. Atle Degré leads the team.
At Advokatfirmaet Simonsen Vogt Wiig, practice head Amund Fougner Bugge is the key name for equity transactions, while Morten Wilhelm Winther focuses on structured finance issues.
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GC Powerlist -
Europe
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GC Powerlist: Nordics
To celebrate the publication of the GC Powerlist: Nordics, The Legal 500 hosted an evening for leading general counsel from the Nordics region at Bech-Bruun's Denmark offices.
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Launch Event GC Powerlist: Nordics
GC Powerlist: Ireland Teams
The Legal 500, Legal Business, GC Magazine and The In-House Lawyer event in Dublin brought a range of Ireland’s finest in-house teams together to celebrate the launch of this year’s GC Powerlist: Ireland Teams.
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Launch Event GC Powerlist: Ireland Teams -
GC Powerlist: Russia
The Legal 500, Legal Business, GC Magazine and The In-House Lawyer event in Moscow brought a range of Russia’s finest in-house counsel together to celebrate the launch of this year’s GC Powerlist: Russia Teams.
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Launch Event GC Powerlist: Russia Teams -
GC Powerlist: Turkey
To celebrate the publication of the GC Powerlist: Turkey, The Legal 500 hosted an evening for leading General Counsel across Turkey at the Hotel Les Ottomans, Istanbul.
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Launch Event GC Powerlist: Turkey
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Press releases
Legal Developments in Norway
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Norway not included when short sale regulations in EU take effect 1 November 2012
From 1 November 2012 EU Regulation 236/2012 on short selling and certain aspects of credit default swaps will come into effect. Although the Regulation is within the scope of the EEA Agreement, Norway has not implemented the EU Regulation. Based on unofficial information from the Norwegian authorities, we expect the implementation process to be delayed until at least late 2013. Meanwhile, existing rules on short sale in Norway will continue to apply for transactions performed on the Norwegian market. -
Proposed ban on personal import of medicinal products ordered via Internet
The Ministry of Health and Care has recently issued a hearing letter proposing stringent restrictions on import of medicinal products for personal use. Among the actions proposed, is a general ban on the import of prescription drugs, and access for Customs to seize and destroy falsified or illegal medicinal products. -
Increased transparency for applications for marketing authorisation
On 17th July 2012, the Norwegian Medicines Agency (NMA) announced a change in their practice regarding disclosure of information for applications of marketing authorisations for medicinal products. -
New Patent Office Act to enter into effect on 1st January 2013
A new Act on the Patent Office and Industrial Property Rights Appeals Commission (the Patent Office Act) will be enacted and come into effect on 1st January 2013. The current Act on the Industrial Property Protection Board was enacted in 1910, and time for a complete reform had come. -
Sunset clause for medicinal products in Norway
"Sunset clause" is a common term for the provision which could lead to the cessation of the validity of the marketing authorisation of a medicinal product. -
New review on pension schemes
Questions on pensions have long had a large political focus in Norway, in connection with pension reforms such as obligatory occupational pension and changes in the National Insurance Scheme. -
New provisions on competition clauses
In 2011 it was expected that new provisions for competition clauses, customer clauses and non-recruitment clauses would come into force. As early as June 2010, the Department of Employment sent a proposal on new provisions in the Working Environment Act for comments. -
Norway implements the EU block exemption regulation for R&D agreements
Earlier this year, EU Commission Regulation No 1217/2010 was implemented in Norwegian law. -
Hearing: Reimbursement of off-label use of medicinal products
In accordance with the provisions of the Act on Medicines and the appurtenant Regulation on Medicinal Products, pre-approved reimbursement for use of a medicinal product outside the approved indications of the marketing authorization is not allowed. -
New review on pension schemes
Questions on pensions have long had a large political focus in Norway, in connection with pension reforms such as obligatory occupational pension and changes in the National Insurance Scheme.
Press Releases worldwide
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Galadari Advocates & Legal Consultants appoints Matthew Donovan as Partner
Galadari Advocates& Legal Consultants, one of the leading integrated law firms in the region,announces the appointment of Matthew Donovan as a partner based in the firm’sheadquarters in Dubai. -
And It Was the IP Strategy That Made My Business Plan Edgy!
For both Ariana and Asma it was critical that their respective business plans get accepted. While Araina was trying to win the investors for her start up, Asma wanted her much awaited promotion from the board of directors. While Ariana did crack the deal,sadly Asma didn’t. -
Out with the Old, In With the New: Comparing DIFC and ADGM Arbitration Law
The UAE has implemented a major initiative to update its laws and procedures, by adopting best international practice to encourage foreign direct investment and trade more generally with the UAE. There was a new Companies Law in 2015, a Bankruptcy Law in 2016, tax laws in 2017, and a Federal Arbitration Law and Foreign Direct Investment Law in 2018. In addition to that, Federal law No. 18 of 2017 amended the Companies Law to allow the authorities to dis-apply the requirement for 51% local ownership of UAE companies. A clear message is being sent to the world that the UAE is open for business, there is a strong modern structure in place in a form which is familiar to the big international players and which will serve their business needs. -
Are Security Cheques Still an Effective Form of Security in Dubai?
Cheques are the most commonly used commercial paper in the UAE not only because they are used as a method of payment, but also, because they are the only commercial paper secured by the provisions of the UAE’s Penal Code (the “Penal Code ”)to enhance confidence in cheques as a form of payment. As a result, cheques have been used for decades in the local market as a form of security. -
Prof. dr hab. Jarosław Majewski recommended in the 2019 Chambers Europe ranking
11.03.2019 -
DMS partners taking part in Polish Seminar on EPA in Japan
C. David DeBenedetti and Bartosz Bagieński, DMS partners, took part in the 13 th annual General Meeting of the Polish Chamber of Commerce in Japan and Polish Seminar on “New Possibilities of the Bilateral Economic Relations between Japan and Poland under the EU-Japan Economic Partnership Agreement (EPA)”. -
Arbitration in The UAE Under the New Arbitration Law
Arbitration practice and procedure has developed rapidly in the UAE, and the courts now take a far more pro-active role in supporting the arbitration process and enforcing arbitral awards. This movement can be seen progressively in Cassation Court judgments over the past ten years and is now recognised in Federal Law No. 6 of 2018 on Arbitration (the “new Arbitration Law”), which repealed and replaced the old arbitration law in Articles 203 to 218 of Federal Law No. 11 of 1992. The old law did not reflect international best practice and left too much scope for the award debtor to avoid making payment -
No anti-arbitration relief from Civil Court even when fraud/collusion is alleged
No anti-arbitration relief from Civil Court even when fraud/collusion is alleged -
Boult Wade Tennant LLP’s London team has moved
Boult Wade Tennant LLP’s London team has moved to a new office location. -
C. David DeBenedetti, partner in DMS in an interview given to a Spanish journal "Expansión”
C. David DeBenedetti, attorney of the State of New York and DMS partner gave an interview to a Spanish journal "Expansión”. In his conversation with Victor Moreno, he touched on the changes on the market of legal services that occurred as a result of development of new technologies and said that DMS attempts to fully adjust to these new conditions. Based on the analysis of the M&A market in Poland and internationally in recent years, C. David DeBenedetti guaranties that despite a drop in investments in Poland, the M&A market will continue to grow while DMS, as a member of Globalaw, expects intensified work in this area.