It's about who we are
In 100 years, we have gone from being a maritime law firm to becoming one of Norway's largest full-service business law firms. In our anniversary year, we are celebrating our story and our devoted team as we look to the future at what is yet to come.
News and updates
We are thankful for the opportunity to assist Summa Equity in connection with Summa Fund I's and other existing shareholders' sale of NG to Summa Circular, a continuation vehicle managed by Summa Equity.
The proposal for regulating artificial intelligence by the European Commission marks a global first, introducing a comprehensive legal structure in this domain. This Act targets both AI system providers and users, emphasising significant penalties for non-compliance — potentially up to 40 million Euros or 7% of the total annual turnover. This underscores the importance of adherence to these regulations. At the heart of the Act is a commitment to fostering trust in artificial intelligence, a cornerstone deemed essential for unlocking and maximising the vast social and economic possibilities offered by AI technologies
This week, the Investment Control Commission – appointed by the Norwegian government in 2022 – delivered its report concerning Norway's foreign direct investment laws. The report proposes significant changes to the current system, ostensibly in order to protect national security interests, and would bring Norway's rules on FDI more in line with some of its European neighbours.
WR ESG Alert: New climate lawsuit against the Norwegian government and expansion of the EU Emissions Trading System
In this month's ESG alert, we highlight that shipping activities have been incorporated into the EU Emissions Trading System, and that provisional agreement has been reached at EU level with respect to the Critical Raw Materials Act, the EU Nature Restoration Law and an EU Regulation to reduce energy sector methane emissions. We also report on the latest climate lawsuit against the Norwegian government.
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The green transition
A comprehensive change is needed in the way we use our natural resources. Climate change perspectives and environmental degradation is increasingly reflected in legal requirements. The EU is a driving force in the green transition, with a strong emphasis on maintaining economic growth. Businesses will play a vital part in the green shift. Solutions with reduced climate emissions, a circular economy approach and the integration of nature into decision making are key in a sustainable business development. We assist companies to be well positioned to fulfil business opportunities.
We organise a number of seminars, webinars, lectures and courses throughout the year. Feel free to sign up via the registration form at the bottom of the page if you would like to receive invitations to our events.