Prior to the entry into force of the FDI Screening Regulation on 11 October 2020, there was no EU-wide formalized cooperation among the Member States and the European Commission on these matters. In the EU, the European Commission’s strong expectation is that all 27 EU Member States will put national FDI screening mechanisms in place. A national screening mechanism in all 27 Member States serves to safeguard all individual Member States against potentially risky foreign investments. Norway is not a part of this cooperation but has chosen to introduce its own national rules in the Security Act...
Simonsen Vogt Wiig is a leading business law firm with offices in all major cities in Norway and Singapore. Our 180 lawyers assist all key industries, and build lasting relationships with our clients by combining inbound business acumen and legal expertise in counseling. High quality at all levels to be guiding principles for our business. Through cooperation and availability, we arrange for relevant and effective communication and advice to our clients. We have the capacity to be both specialized and versatile, and expertise to solve the most demanding problems and the major missions.
Year this Office was Established: 2013
Lawyers Worldwide: 250
Languages: English, French, Portugese, German, Scandinavian languages, Icelandic, Mandarin, Greek, Vietnamese
Areas of Practice
The full-text judgement in English has not yet been released, but the press release with a summary of the judgement and its result can be accessed here. The case concerns an action brought by Poland seeking annulment of Article 17 of Directive (EU) 2019/790 on Copyright in the Digital Single Market. In short, Article 17 sets out the principle that providers of online content-sharing services (such as YouTube) are directly liable for user-uploaded content which infringes rightsholders’ copyright and related rights...
Merger control is an integral part of competition law. The Norwegian Competition Authority (NCA) enforces the Norwegian rules. Notification to the NCA is compulsory prior to closing and implementation of all mergers and acquisitions that bring about a structural «change of control» in the market and exceed the national turnover thresholds (the combined annual turnover in Norway of all the undertakings concerned must exceed NOK 1 billion; and the annual turnover in Norway of each of at least two of the undertakings concerned must exceed NOK 100 million)...
Thomas Talén joins Simonsen Vogt Wiig’s employment law team from Deloitte. Thomas has extensive expertise within structuring and implementation of various compliance programs, forensic investigations, and handling of whistleblower cases. He also advises national and international clients on acquisitions, restructuring/downsizing as well as individual personnel matters. «The recruitment of Thomas is a great addition to our employment law team and contributes to further strengthen a department in growth. We are very happy to have him joining the SVW team!» Managing Partner Mona Søyland says...