Banks and other leasing companies are holding security interest in aircraft owned by Norwegian Air Shuttle ASA (“NAS”). A protection of these creditors is regulated in the Cape Town Convention on International Interests in Mobile Equipment of 16 November 2001 and its Protocol on Matters Specific to Aircraft Equipment (collectively referred to as the “CTC”)….

On 15 April, the Norwegian Government proposed to the Parliament a Temporary reconstruction law to remedy financial problems as a result of outbreaks of covid-19 (Reconstruction Act) The proposed new legislation will, if it is passed by the parliament, be favourable for the ongoing restructuring efforts in Norwegian. The proposed legislation includes, among other things,…

Er din bedrift rammet av omsetningstap som følge av tiltakene rundt korona? Da kan du kanskje søke om kompensasjon til nødvendige utgifter. Søknadsprosessen vil i stor grad være automatisert, men det er viktig å være sikker på at opplysningene som sendes inn er korrekte. Både med hensyn til å få riktig kompensasjon, og ikke komme…

The board is a body in an association that varies from joint-stock companies to associations and it is estimated that there are several hundred thousand boards in Norway and even more board members. In essence, the board's responsibility and the activities of a board are regulated by law, but not always, associations have no legal regulation. The Limited Companies Act is central in all respects and is used analogously

For companies that are economically disadvantaged in Norway, they can, again and again, need to hire workers only for a frozen period. Basically, employees in Norway find that hoisting, unrestricted employment The Norwegian Employment Law (working environment law) opens when the possibility of exempt employment contracts in particular, provided for by law. (§ 14-9 paragraph 1 a - f)