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SANDS

CORT ADELERS GATE 33, 0254 OSLO, PO BOX 1829 VIKA, NORWAY
Tel:
Work +47 22 81 46 80
Email:
Web:
www.sands.no
Alesund, Bergen, Oslo, Tonsberg, Tromso, Trondheim

Norway

Banking and finance (including shipping finance)
Banking and finance (including shipping finance) - ranked: tier 3

SANDS

Under the leadership of¬†Stein Hegdal,¬†SANDS¬†is noted for its strength in the shipping, maritime and oil and gas sectors alongside substantial experience in asset finance, energy finance, acquisition finance and syndications.¬†Marit Kirkhusmo¬†and¬†Oddbj√łrn Slinning¬†are also key names to note and¬†Hillevi Myhre¬†joined from an in-house position at Nordea. The team's recent work includes advising Helaba on various financing issues, assisting a client with a fleet financing, and acting for Solnes Invest on the structuring of a multi-currency bond loan.

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Commercial, corporate and M&A
Commercial, corporate and M&A - ranked: tier 3

SANDS

SANDS¬†is 'an all-round robust outfit with highly experienced partners' including practice head¬†Anne Kj√łlseth Ekerholt, who joined from¬†Advokatfirmaet Selmer AS;¬†Terje Gulbrandsen, who is 'pleasant to work with and is strong at the intersection of legal and financial work';¬†Sverre Tysland, who is recognised for his corporate governance expertise; and healthcare-focused¬†Erik Lind. Lind recently advised Ambea Norge on four separate acquisitions in the healthcare space and assisted Arcus with two trade mark acquisitions.

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Construction
Construction - ranked: tier 2

SANDS

Geir Fr√łholm¬†leads the group at¬†SANDS, which is recognised for its expertise in construction and infrastructure projects and PPP issues. In a recent highlight,¬†Alf Johan Knag¬†advised Teknisk Entrepren√łr Vest on the construction of a business centre near Bergen Airport.¬†Morten Hugo Berger¬†is the main contact for construction disputes and¬†Tor Anthon Christiansen¬†assisted √ćstak with a project for Helgeland Kraft involving the construction of five power plants in Northern Norway.

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Dispute resolution
Dispute resolution - ranked: tier 2

SANDS

SANDS' 'strong analytical¬†thinking and client-friendly approach' allows it to have 'a unique view of cases it is involved in', Its team of 'skilled negotiators' includes group head¬†Morten Steenstrup, who is 'extremely service minded and hardworking',¬†Bj√łrn Stordrange, construction expert¬†Morten Hugo Berger, shipping specialist¬†Oddbj√łrn Slinning,¬†Hege Birkeland Ersdal¬†and¬†Lars Tormodsgard, who is 'sophisticated, sharp and commercial, with an outstanding ability to read and analyse complex situations'. The group recently represented hundreds of former students in a compensation claim against Westerdals, which charged college fees that exceeded the maximum fee level allowed under Norwegian law, and is defending Finnmarksykehuset in an environmental lawsuit relating to an oil fuel tank spillage.

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EU and competition
EU and competition - ranked: tier 3

SANDS

SANDS'¬†'very professional' team has 'expansive knowledge and in-depth experience at a Norwegian and international level'. Merger control expert¬†Thomas Sando¬†leads the practice and clients praise his 'high levels of commercial awareness'; he recently advised chocolate producer Hval Sjokoladefabrikk on a complaint to the ESA relating to the Norwegian sugar and chocolate levy, alleging it constitutes unlawful state aid.¬†Aksel Joachim Hageler¬†and Bergen-based¬†√Öshild Fl√łisand¬†are also names to note; Hageler represented Fjord Line in a dispute over port access and the allocation of sailing slots, and Fl√łisand focuses on public procurement work.

Next generation lawyers

Thomas Sando - SANDS

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Electricity and renewable energy
Electricity and renewable energy - ranked: tier 3

SANDS

SANDS¬†has 'a broad understanding of all aspects of the electricity and renewable energy sectors' thanks to 'a small but highly skilled and dedicated team that can handle any problem thrown at them'.¬†Sverre Tysland¬†heads the team and is a key name for transactional work,¬†Alf √ėystein Skudal¬†has 'strong strategic and organisation skills' and¬†specialises in hydro power and grid work, and Halvor Grov¬†handles renewables work. The team recently advised Midt Energi on the divestment of its electrical grid activities and assisted R√łros Elektrisitetsverk with its reorganisation.

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Employment
Employment - ranked: tier 3

SANDS

SANDS' team provides 'professional advice that clients know they can rely on' across employment disputes and investigations, workforce reductions and matters in the energy and natural resources sectors. Torkel Tveit leads the department, which also includes Henning Heitmann, Espen Johannessen and Per Ragnar Bronken; Bronken recently represented Menzies Aviation Norway in a dispute relating to a dismissal during a probation period.

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Fishing and aquaculture
Fishing and aquaculture - ranked: tier 2

SANDS

Ole-Martin Lund Andreassen leads the department at SANDS, which advises on the full spectrum of issues across the fishing and aquaculture sectors handling regulatory, transactional, corporate advisory and contentious work for clients along the entire supply chain. Andreassen's expertise encompasses coastal zone planning, location clearing issues, aquaculture concessions and issues surrounding vessels. Other key practitioners include regulatory expert Halfdan Mellbye, Eirik Edvardsen, who focuses on transactional mandates, and Lars Alsaker, who has public and administrative law experience.

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Insolvency and corporate recovery
Insolvency and corporate recovery - ranked: tier 3

SANDS

The 'innovative' practice at¬†SANDS¬†has 'in-depth knowledge' of bankruptcies, insolvencies and restructuring mandates; it recently represented Terra Securities in bankruptcy proceedings, and advised Cecon on its bankruptcy. Practice head¬†Jon Skj√łrshammer¬†led the work and has 'excellent negotiating abilities'.¬†Robert Jensen¬†is the key name for contentious work. Brandment, KM Energy, Prima Invest, Transportnett and Svea Finans are also clients.

Leading individuals

Jon Skj√łrshammer - SANDS

Next generation lawyers

Robert Jensen - SANDS

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Insurance
Insurance - ranked: tier 2

SANDS

The 'effective and highly competent' department at SANDS acts for insurer and policyholder clients including Zurich, Allianz and Protector. Christian Kjellby Nesset leads the practice; he represented Johnson Controls and Chubb in a dispute pertaining to professional liability, advised WR Berkley on the restructuring of its insurance activities in Norway and Sweden, and acted for Moen Marine on the insurance issues relating to two shipwreck incidents.

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Intellectual property
Intellectual property - ranked: tier 4

SANDS

With 'a practical approach to IP work',¬†SANDS¬†is 'proactive and has an excellent network of IP specialists' led by the 'conscientious, service-minded and creative'¬†Katrine Malmer-H√łvik; other key names include patent litigator¬†Vidar Johnsen¬†and newly promoted partner¬†Ketil Sell√¶g Ramberg. The team advised Warner Music Norway on copyright issues, and is assisting Nofima with IP work relating to its research projects.

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Maritime law
Maritime law - ranked: tier 2

SANDS

SANDS' 'very professional and responsive' team is 'a pleasure to work with' and advises on transactional, financing, insurance, contentious and employment issues. Team co-leader¬†Marit Kirkhusmo¬†is a key name for financing work and fellow co-head¬†Oddbj√łrn Slinning¬†has notable experience in restructuring matters. Recent work includes acting for DHT Holdings on the negotiation of a vessel acquisition agreement relating to its purchase of BW Group's entire fleet of VLCC tankers, and assisting Pareto Securities and Master and Commander with the renegotiation of a long-term bareboat charter with CGG.

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Oil and gas
Oil and gas - ranked: tier 3

SANDS

Under the leadership of the 'highly¬†experienced and resourceful'¬†Lars Berge Andersen,¬†SANDS¬†has 'a highly commercial¬†and responsive approach to disputes' and 'is pragmatic but tough when required'. The group also handles non-contentious work and recently assisted MHWirth with negotiations with a shipyard for a topside and drilling equipment package to furnish a semi-submersible new-build rig. Other clients include Sevan Marine, Safelink and Frydenb√ł Industri. Maritime expert¬†Oddbj√łrn Slinning¬†is also active in the space.

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Real estate
Real estate - ranked: tier 3

SANDS

SANDS acts for real estate investors, companies and funds on transactions and developments. Recent highlights include advising Pioneer Capital Partners on its sale of shares in Sagveien Tower and assisting Anders Opsahl Holding with its purchase of three plots of land in Oslo. Jens Aas leads the department and specialises in commercial real estate work and property-related tax issues. Ove-Marthin Granlund and Christian Hartmann are also recommended.

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Tax
Tax - ranked: tier 3

SANDS

SANDS¬†'has the skills to combine knowledge of the law generally and tax specifically' to handle global tax mandates, with notable expertise in the fisheries and aquaculture sectors. In a recent highlight,¬†Stig Nordal¬†advised Huddly on the tax issues relating to its series A and series B funding rounds. Other key practitioners include group leader¬†Ulf S√łrdal,¬†Ernst Ravnaas,¬†Torgeri Fjeldskaar¬†and¬†John Olav Auran.

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Legal Developments by:
SANDS

  • Norway: MERGERS & ACQUISITIONS 2010

    Norway is not a member of the European Union (‚ÄúEU‚ÄĚ), but it is a member of the European Free Trade Association (‚ÄúEFTA‚ÄĚ) and the European Economic Area (‚ÄúEEA‚ÄĚ). This means that most EU regulations concerning M&A transactions has been and will be implemented in Norwegian law, including MIFID and the Transparency Directive.
    - Advokatfirmaet Steenstrup Stordrange DA

Legal Developments in Norway

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