CONTRACTS
Solid contracts are vital to stability, predictability and rational operation, and contributes to secure economic growth and long-term cooperation, while contributing to prevent disputes from arising.
The contract regulates the relationship between the contracting parties both during the term of the agreement and at its termination. A good contract takes into account all visible and potential developments at the time of its conclusion, and it balances performances, rights and obligations, but also allows for adjustments and negotiations.
We have long experience and are a total supplier of services within contracts. We combine commercial understanding with industry knowledge and can customize assistance to your needs – whether it is from a business or private individual’s point of view.
We assist with consulting, draw-up and consulting within most types of contracts, whether it is construction contracts, purchase contracts, employment contracts, various forms of financing agreements, option agreements, mortgage agreements, tender contracts, purchasing agreements, loan agreements, investment agreements, shareholder and partnership agreements, advisory and consultancy agreements, rental agreements, leasing agreements etc.
We assist both Norwegian and international clients with Norwegian and international contracts.
We have extensive experience in dealing with disputes, whether they arise in connection with the implementation of a contract or after the termination of the contract, and we are regularly litigating for the courts in contract disputes.
Our assistance can typically be:
- Declaration of needs and assessment of aim
- Use and adaptation of commercial standards
- Identification of risks, contract performance and other key contract components
- Assessment of risk placement
- Interpretation and assessment of contract terms
- Closing and implementation of contracts
- Final settlement
- Negotiations
- Litigation and dispute resolution
- International contracts
ARTICLES
PROPERTY INVESTMENT IN NORWAY
By: Axel M. Hansson, partner and Ida C. Stavnes Høisæther, partner Introduction Historically, investments in real estate in Norway has produced high returns. In a long-term perspective, property will usually give a high yield, [...]
New inheritance act has passed – why you should consider altering your will
By: Partner Axel M. Hansson Statue of justice The new inheritance act, which is likely to come into force in 2020, limits testator's freedom by requiring children to inherit more. Under the [...]
Stortinget has adopted amendments to the Disposal Act – property sellers are given more responsibility
The Disposal Act regulates buying and selling of housing. In May 2019, Stortinget passed amendments to the Disposal Act that are intended to lead to better and safer housing deals. The amendments are expected to [...]