The Norwegian Water Resources and Energy Directorate (NVE) has completed a strategic impact assessment of three of the 20 offshore areas identified as potential sites for offshore wind development in Norway. NVE recommends to increase capacity in the Vestavind F area, to open a new project area in Sørvest F, and to defer any developments in Vestavind B for the time being.

With the effects of the corona crisis spreading into the economy, companies risk breaching financial covenants and facing illiquidity in the months to come. A number of companies will ultimately need to go through financial restructuring to ensure continued operations.

Restructuring, bankruptcy and insolvency

Company Law

Partner

Kaare Christian specialises in transactions (M&A) and restructuring of solvent and insolvent businesses. Kaare Christian also has notable experience with long term joint ventures, inter alia within renewable energy. 

Kaare Christian heads the firm's restructuring practice. In addition to his legal degree Kaare Christian holds a MSc in Management from HEC Paris. He is recommended in his fields of expertise in inter alia Chambers and Legal 500. Kaare Christian is also a member of Wikborg Rein's board.

Oslo

Member of the Board, Wikborg Rein

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Kaare Christian is a member of Wikborg Rein's board. He has previously headed the firm's Corporate, Finance and Tax department, and currently heads the firm's Restructuring practice.

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