COVID-19

  • Shipping Offshore, COVID-19

    2020

    Navigating the liquidity squeeze

    The COVID-19 virus and its countermeasures, the plunge in the oil price and extreme currency fluctuations are adding to the pain of a prolonged downturn in several shipping / offshore segments with imminent risk of liquidity loss. Decisive response is thus crucial to preserve value for the stakeholders involved.

  • Technology and IT Law, Data Protection, COVID-19

    2020

    COVID-19 and new IT solutions: Privacy in quarantine?

    The corona virus is putting the health and social contemporary world in crisis. The spreading of the virus is very fast and the implementation of new IT solutions to manage both ascertained and potential corona contagions is under evaluation worldwide. The question is - how will the new technologies handle privacy of individuals?

  • Employment Law, COVID-19

    2020

    Temporary lay-offs

    Temporary lay-off (Nw. "permittering") is an arrangement where the employee's duties lapse in full or in part, and the employer's duty of remuneration lapses correspondingly. Lay-offs are temporary and the employee maintains his/her status as an employee.

  • Shipping Offshore, COVID-19

    2020

    The COVID–19 virus: Legal challenges for the shipping and offshore industry

    The fast spreading of the COVID-19 virus world-wide and actions by regulatory bodies create challenges for all industries, and particularly the shipping and offshore industry, being of international character.

  • Mergers and Acquisitions, Tax Law, COVID-19

    2020

    Governmental support in the coronavirus situation

    The following gives an overview over the most relevant temporary measures put in place by the Norwegian government to mitigate the effects of the ongoing Covid19 situation with respect to the Norwegian industry and commerce. This article is last updated 20 March 2020 12:00 (CET). Please note that changes to the below-outlined measures may be made quickly, and that new measures are continuously being evaluated and put into force.

  • Employment Law, COVID-19

    2020

    The coronavirus - labour law issues (updated 24 March)

    We have compiled our assessments of certain practical issues for employers related to the coronavirus situation. The situation is subject to rapid development, and everyone should stay oriented about what applies to each specific business.

  • Capital Markets, COVID-19

    2020

    Structuring bond buy-backs in declining markets

    Fear of the Corona virus and a plummeting oil price has sent stock markets down and the credit spreads are widening significantly. With investors in sell-off mode issuers can buy back bonds at more attractive spreads, but buy-backs of listed bonds should take into account securities trading regulations and be structured properly.

  • Technology and IT Law, Protection of privacy, COVID-19

    2020

    COVID-19 and Data Protection

    The Norwegian and three other European data protection supervisory authorities on employers' collection and disclosure of employee data.