News and current topics from various practice areas and industries

In collaboration with Lowenstein Sandler, our firm advised Reach Capital LLC, a US-based venture capital fund, in its role as lead investor in a NOK 48 million share issue in Curipod AS, a Norwegian edtech company.

In recent years, there have been several proposed and implemented changes to the Working Environment Act, including stricter regulations on hiring, especially with regards to temporary employment. On June 16th, the government presented proposals for new changes, covering the use of trial periods, the right to written justification statements if part-time or temporary employees request more predictable and secure working conditions, as well as the requirements for written employment contracts and the consequences of deficiencies in these contracts.

Hjort lawyers Erik Gjævenes and Liv Zimmermann assisted Hydropower AS in obtaining approval for the establishment of a new solar power plant that is under construction in Modum municipality.

Hjort acted as lead counsel to Sopra Steria, a leading European IT company listed on Euronext Paris, in connection with the acquisition of shares in Marin IT AS and its global subsidiaries.

Hjort advised SPG AS in the acquisition of shares in the energy company KWH.

Both individuals and companies risk severe penalties if they contribute to money laundering, even if the contribution is the result of negligence. By appointing an anti-money laundering officer organisations will reduce their risk, protect its reputation and comply with the law.

We are now entering the most common period for summer vacation and payment of holiday pay. Questions often arise about determining vacation and what payments the employer should take into account when calculating the basis for holiday pay.

On May 25, 2023, the Ministry of Labour and Social Inclusion decided to implement an approval scheme for temporary employment agencies. The approval scheme is an extension of the tightening of access to hiring labor from staffing agencies, which came into effect on April 1, 2023.