The Legal 500

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www.wiersholm.no

Norway

Banking and finance (including shipping finance)
Banking and finance (including shipping finance) - ranked: tier 1

Wiersholm

Wiersholm's client base encompasses domestic and international clients including Skandinaviska Enskilda Banken, Handelsbanken, SpareBank 1 SR-Bank and Nordea Bank.¬†Kaare Sverdrup¬†and¬†Kristine Hasle √ėverby¬†jointly lead the group; √ėverby is recognised for her ship finance and shipping transaction expertise and Sverdrup handles project financing, refinancing and acquisition financing mandates. Other key individuals include St√•le Gjengset, managing associate¬†Henrik Hafstad¬†and senior associates¬†Petter Thomren Moltu¬†and¬†Pia Sporst√łl, who specialise in the petroleum sector, and the shipping and real estate industries respectively. Leif Moltke-Hansen retired. Atle Gabrielsen¬†was a new arrival from¬†Arntzen de Besche.

Leading individuals

Kaare Sverdrup - Wiersholm

Next generation lawyers

Henrik Hafstad - Wiersholm

Kristine Hasle √ėverby - Wiersholm

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Capital markets
Capital markets - ranked: tier 1

Wiersholm

Wiersholm¬†handles the full spectrum of capital markets work including derivatives, structured products and regulatory issues and has notable experience in IPOs and acting for investment banks and issuers; clients include ABG Sundal Collier, DNB Markets and Carnegie. Group co-head¬†Tone √ėstensen¬†recently acted for Borr Drilling on its private placement totalling $800m to finance its acquisition of Transocean's jack-up fleet and assisted Marine Harvest with its ‚ā¨200m bond issuance, and fellow co-head¬†Sverre Sandvik¬†advised Fjordkraft Holding and Komplett Bank on their individual IPOs.¬†Simen Mejl√¶nder¬†is also a name to note.

Leading individuals

Tone √ėstensen - Wiersholm

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Commercial, corporate and M&A
Commercial, corporate and M&A - ranked: tier 1

Wiersholm

Wiersholm¬†combines 'great availability and business understanding' with 'a hardworking¬†approach to any task' to maintain its position as 'one of the best in the market'. The department excels in M&A and private equity work; recent examples include assisting Orkla with its sale of a 50% stake in Sapa to Hydro Aluminium, acting for Visma on the acquisition by Visma Nederland of Emerald Bidco, and advising Summa Equity on its purchase of Norsk Gjenvinning from Altor Fund III.¬†Harald Hellebust¬†leads the practice, which also includes¬†Erik Thyness, cross-border expert¬†Jarle Kvam, Gunhild Dugstad¬†and¬†Kai Th√łgersen. Nils Thommessen moved in-house.

Leading individuals

Erik Thyness - Wiersholm

Harald Hellebust - Wiersholm

Next generation lawyers

Gunhild Dugstad - Wiersholm

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Construction
Construction - ranked: tier 1

Wiersholm

As a key name in the market for construction projects,¬†Wiersholm¬†also excels in construction litigation and public procurement-related work. In a recent highlight, practice head¬†Ronny Lund¬†represented Veidekke in claims against its subcontractor Alf Brekken og S√łnner relating to the construction of part of the transnational E10 highway in Lofoten. Other clients include AF Gruppen Norge, Skanska Norge, Multiconsult, Thales Norway and Equinor (previously Statoil).¬†Helge Morten Svarva, petroleum expert¬†Sondre Dyrland¬†and litigator¬†Christian Hauge¬†are also key practitioners.

Leading individuals

Ronny Lund - Wiersholm

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Dispute resolution
Dispute resolution - ranked: tier 1

Wiersholm

Wiersholm 'handles big lawsuits in an impressive way' for a client roster that includes AIG Europe and IBM; the team acted for the latter in a dispute against the Norwegian Public Roads Administration relating to its cancellation of a contract for the delivery of a new IT solution for toll road payments. Other work includes representing CHC Helikopter Service in two Supreme Court cases relating to the application of seniority in redundancies and a compensation claim relating to a previous judgment relating to its compulsory retirement age, and acting for AF Gruppen Norge in a final account dispute with the municipality of Oslo regarding the construction of an underground water storage facility. Ronny Lund, the 'very skilled' Olav Perland and Christian Hauge jointly lead the group, which also includes public procurement expert Morten Goller and the highly regarded Magnus Hellesylt.

Leading individuals

Magnus Hellesylt - Wiersholm

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EU and competition
EU and competition - ranked: tier 1

Wiersholm

Wiersholm¬†'has unique expertise in the field' and 'always takes a business approach to legal issues' under the leadership of¬†H√•kon Cosma St√łrdal¬†for competition and antitrust work and managing partner¬†Morten Goller¬†for¬†public procurement mandates. The firm's practice comprises four areas: M&A work, antitrust, public procurement issues and state aid, and EU and EEA law. Recent highlights include assisting Wider√łe's Flyveselskap with an antitrust investigation and abuse of dominance issues relating to its refusal to supply a competitor with equipment, acting for Sector Alarm on the competition aspects of its proposed acquisition of Prevent 360, and advising Hurtigruten on the public procurement and state aid elements of its successful tender for a new coastal agreement. Vipps, Coop Norge and Telenor are also clients.¬†Stephan L Jervell¬†is 'a very experienced lawyer with a key understanding of his clients' commercial and competitive¬†position in the market', and¬†Thomas G Naalsund¬†is a key name for EU and EEA law, state aid matters and public procurement work.

Leading individuals

Morten Goller - Wiersholm

Next generation lawyers

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Electricity and renewable energy
Electricity and renewable energy - ranked: tier 1

Wiersholm

Inge Ekker Bartnes¬†and¬†Jon Rabben¬†jointly lead the practice at¬†Wiersholm, which handles issues across the full spectrum of the electricity, renewables and infrastructure sectors including regulatory matters, restructurings and project financings. Clients include Nord-Tr√łndelag Electrisitetsverk Holding, which Bartnes assisted with its restructuring process; Norsk Hydro, which Rabben advised on its investment in Njordr; and Statnett, which¬†Stephan L Jervell¬†defended in a claim relating to a tender process. The Hafslund Group and Tr√łnderEnergi are other clients. Contract specialist¬†Helge Morten Svarva¬†and environmental law expert¬†Thomas Skjelbred¬†are also key names to note.

Leading individuals

Jon Rabben - Wiersholm

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Employment
Employment - ranked: tier 1

Wiersholm

Wiersholm¬†is recognised for its expertise in complex employment work, with notable experience in contentious issues, transfers of undertakings and workforce reorganisations. Recent mandates include acting for CHC Helikopter Service in the Supreme Court in a dispute relating to the validity of several dismissals following a redundancy process and the application of seniority, representing Skolelederforbundet in a claim relating to whether the union has the right to bargain collectively to establish specific provisions for its members, and defending Lorentzen & Stemoco in claim for bonus payments brought by a former employee. Litigator Jan Fougner¬†leads the department, which also includes Eli Aasheim¬†and newly promoted partner Christel S√łreide.

Leading individuals

Eli Aasheim - Wiersholm

Jan Fougner - Wiersholm

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Fishing and aquaculture
Fishing and aquaculture - ranked: tier 2

Wiersholm

Nicolas Brun-Lie¬†leads the practice at¬†Wiersholm, which is noted for its transactional strength;¬†Jarle Kvam¬†advised Kverva Technology on its acquisition of 20% of the shares of Patogen Holding, a fish health company, and assisted Insula with its acquisitions of Nordic Group and B√•tsfjordbruket. Other clients include Marine Harvest, Salmar, Milarex, Summa Equity and Lumarine.¬†Tone √ėstensen,¬†Gunhild Dugstad¬†and senior associate¬†Svein-Helge Hanken¬†are also active in the space.

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Insolvency and corporate recovery
Insolvency and corporate recovery - ranked: tier 2

Wiersholm

St√•le Gjengset¬†heads the department at¬†Wiersholm, which focuses on restructuring work at a national and international level with substantial experience in shipping and offshore matters. In a recent highlight, Gjengset assisted Nordic Trustee with a bond restructuring; other mandates include¬†Sverre Sandvik¬†advising Viking Supply Ships and its subsidiaries on its restructuring, and¬†Kristine Hasle √ėverby¬†acting for Archer on the restructuring of its credit facilities.¬†Kaare Sverdrup¬†is a key name for insolvency work and financing issues. Leif Moltke-Hansen retired.¬†Atle Gabrielsen¬†was a new arrival from¬†Arntzen de Besche.

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Insurance
Insurance - ranked: tier 1

Wiersholm

With¬†'a strong regulatory sense and practical understanding of the insurance sector', clients praise¬†Wiersholm¬†as¬†'among the best in the field'. The department assists with non-marine insurance, marine insurance and regulatory mandates, with recent examples including its defence of CHC Helikopter Service in claims relating to a helicopter accident in Bergen and acting for AIG as liability insurer in claims relating to the bankruptcy of Terra Securities. Team head¬†Hans Kenneth Viga-Gerhardsen¬†'has good insight into the industry and how it operates',¬†Erik Blaker¬†has 'valuable strategic capabilities', and¬†Kjersti Tr√łbr√•ten¬†is a key name for regulatory work.

Leading individuals

Erik Blaker - Wiersholm

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Intellectual property
Intellectual property - ranked: tier 1

Wiersholm

Wiersholm handles the full spectrum of IP issues with notable expertise in the media, retail and technology industries. Key names in the group include broadcast, media and sport sector expert Hans Erik Johnsen, Rune Opdahl, who handles copyright, patent and trade mark issues; and litigator Magnus Hellesylt. Recent highlights include Opdahl acting for Telenor in the Norwegian Appeal Court in a copyright issue relating to access to IP addresses as evidence for copyright infringement, Opdahl and Hellesylt representing PetroMarker in a copyright infringement dispute against ORG Geophysical, and Johnsen defending Orkla in a case in which a competitor alleges that Orkla's marketing campaign breaches the prohibition against unlawful comparative advertisement. Visma, Monster and Schibsted Media are also clients.

Leading individuals

Hans Erik Johnsen - Wiersholm

Rune Opdahl - Wiersholm

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Maritime law
Maritime law - ranked: tier 1

Wiersholm

Wiersholm¬†is 'efficient and experienced when it comes to shipping transactions' and 'provides sound and professional advice' to a client base of ship owners, rig owners, shipping banks, financial advisers and service companies; examples include Hurtigruten, Siem Industries and Golden Ocean Group.¬†Karl Even Rygh¬†and¬†Kristine Hasle √ėverby¬†jointly lead the group; √ėverby recently assisted Ship Finance International with its acquisition of four container vessels on long-term charters and advised Hurtigruten on a bond issuance to repurchase and upgrade two vessels.¬†Christian Hauge¬†focuses on contentious work and¬†Erik Blaker¬†handles insurance-related matters.¬†Atle Gabrielsen¬†was a new arrival from¬†Arntzen de Besche.

Leading individuals

Erik Blaker - Wiersholm

Next generation lawyers

Christian Hauge - Wiersholm

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Offshore construction and shipbuilding
Offshore construction and shipbuilding - ranked: tier 2

Wiersholm

Wiersholm excels in the offshore construction space, particularly contentious mandates; it recently defended DNV in a claim brought by Grieg relating to defective rudders for new-build ships. Hurtigruten, Avance Gas and Golden Ocean Group are also clients. Litigator Helge Morten Svarva leads the department, which also counts Christian Hauge, contract specialist Ronny Lund and Karl Even Rygh, who joined from an in-house position in 2018, as key practitioners. Erling Lind and Lynne Skajaa joined Ro Sommernes Advokatfirma DA in 2018.

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Oil and gas
Oil and gas - ranked: tier 1

Wiersholm

Wiersholm handles the full spectrum of transactional, contentious and regulatory matters for a client roster including ConocoPhillips and Equinor (formerly Statoil); the group is representing the latter in a dispute relating to a cancelled contract. Other recent mandates include assisting VNG with the sale of its subsidiary, VNG Norge, to Neptune Energy Norge; advising on the combination of Bayerngas Norge and the North Sea exploration and production (E&P) business of Centrica to create Spirit Energy; and acting for the Norwegian Ministry of Petroleum and Energy on a carbon capture and storage project. Sondre Dyrland leads the department and regularly handles petroleum and contract law issues; Jon Rabben, Kristian Martin Lund and Thomas Naalsund are also key names to note.

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Real estate
Real estate - ranked: tier 1

Wiersholm

Wiersholm 'outperforms most other teams by a clear margin' and 'meets the needs of its clients and delivers in a constructive, timely and to-the-point manner' thanks to 'a very dedicated team, which provides the best legal advice in a professional way'. Tom Rune Lian and Ståle Meleng jointly lead the practice; Lian recently advised Deka Immobilien on its acquisition of the SPV that holds the Cort Adelers Gate 33, a combined new-build and renovated property in Oslo, and Meleng assisted Værste with a combined shopping centre and housing development project in Fredrikstad.

Leading individuals

Tom Rune Lian - Wiersholm

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TMT
TMT - ranked: tier 1

Wiersholm

Recent highlights for¬†Wiersholm's TMT group include acting for Telenor in a Supreme Court dispute relating to subscriber data and illegal file sharing, representing IBM in an IT contract dispute against the Norwegian Public Roads Administration, and advising MBL (the organisation for media enterprises) on issues relating to Norwegian media houses and their ad-tech and data privacy discussions with Google and the Norwegian Data Protection Authority. Key practitioners include¬†Hans Erik Johnsen,¬†Rune Opdahl, who specialises in IT, data protection, media and ecommerce work for clients in the media and technology sectors,¬†Kai Th√łgersen¬†and litigator¬†Magnus Hellesylt. IT and technology contract specialist and senior associate¬†Theresa Schumacher Walberg¬†is also a name to note.

Leading individuals

Hans Erik Johnsen - Wiersholm

Next generation lawyers

Rune Opdahl - Wiersholm

Theresa Schumacher Walberg - Wiersholm

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Tax
Tax - ranked: tier 1

Wiersholm

Wiersholm fields a team of 'technically very strong' lawyers, which includes highly regarded practice head Bettina Banoun, the 'service-minded' Andreas Bullen, who handles transfer pricing issues, 'commercial and proactive' litigator Morten Goller, and corporate tax expert Nicolay Vold. Recent highlights include acting for Equinor (previously Statoil) in a transfer pricing dispute and representing Yara International in litigation relating to final loss exceptions; other clients include Ikea, Saga Tankers, Kistefos and Caiano Fisk.

Leading individuals

Bettina Banoun - Wiersholm

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Legal Developments by:
Wiersholm

  • Doing Business in Norway

    Doing business in Norway contains a summary of the aspects of Norwegian law that are most likely to interest foreign companies or individuals that are contemplating doing business or engaging in commercial activities in Norway. A publication of this kind can obviously only provide a limited outline of certain legal areas. The information contained in the publication is not exhaustive.
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Legal Developments in Norway

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