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Norway

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Norway is considered one of the world’s most affluent countries, with one of the highest levels of income per capita in the world, according to the World Bank and the IMF. The Norwegian economy has long been based on the exploitation of natural resources, such as hydropower, minerals and fish. The 1960s saw the emergence of the Norwegian oil and gas industry. Today, Norway is the world’s third largest exporter of gas. It is also among the world’s leading producers and exporters of fish and seafood. Norway has an open economy, based on extensive trade. The country currently has a population of just over five million people. CMS is based in Norway with the Norwegian full-service business law firm Kluge.

About CMS Kluge

CMS Kluge is a full-service Norwegian law firm with 52 partners and over 200 employees, established in 1923, with offices in Norway’s capital Oslo, in the energy hub Stavanger and in Norway’s second largest city, Bergen. CMS Kluge is one of Norway’s fast growing law firms, with a strong presence in the Norwegian business and legal community and a strong position within the energy, construction, infrastructure and public sectors. By joining CMS in 2021, Kluge has further strengthened our international capabilities. 

We add value to our clients by combining a sector approach, deep industry insight and its top ranked legal qualifications to each and every matter.

What CMS Kluge’s clients say:

“Their knowledge of the field is impressive and the analysis of the issues is crystal clear. We are equally impressed with the team's ability to understand us as a client, our needs and intentions.”

“They are flexible and provide very good service. They are also professional, knowledgeable and show excellent technical expertise and a very good attitude to find solutions.”

“Unique capability to look at cases from all angles and find excellent strategies to make sure all weak points are covered.”

“A highly professional team, which always seeks to find the optimal solution.”

CMS Kluge’s team advises on all major fields of business law. It is recognized in Legal500 and Chambers & Partners in all practice areas:

  • Legal500 ranked within Construction, Public procurement, Dispute Resolution, Employment, Oil and gas, Capital Markets, Commercial, corporate and M&A, Banking and finance, EU and competition, Insolvency and corporate recovery, Intellectual property, Real Estate, and Tax. 
  • Chambers ranked within Competition/Antitrust; Public procurement, Construction, Dispute Resolution, Employment, Intellectual property, Real estate, Restructuring/Insolvency, TMT, Tax, Electricity & Renewable Energy and TMT.

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25/01/2023
CMS Green Globe | New coun­try ad­ded!
Stay in­formed about the latest sus­tain­ab­il­ity claims trends and de­vel­op­ments CMS Green Globe is an in­ter­act­ive plat­form that al­lows busi­nesses and cli­ents to stay aware and duly in­formed about all the main rap­idly chan­ging trends and de­vel­op­ments re­lated to sus­tain­ab­il­ity claims across the world.Here you will find in­form­a­tion on reg­u­la­tion and de­vel­op­ments you need to know when ad­vert­ising and mar­ket­ing your busi­ness or product by us­ing sus­tain­ab­il­ity claims as well as our key ex­perts to sup­port you in nav­ig­at­ing the world of such claims.CMS Green Globe helps you to avoid gre­en­wash­ing your con­sumer in your jur­is­dic­tion as well as across the globe. Dis­cov­er CMS Green Globe Best ex­plored on desktop
03/01/2023
Three new part­ners in CMS Kluge
We are happy to wel­come Anne Buan, Alf Amund Guls­vik and Hen­rik Nord­ling as new part­ners in CMS Kluge.Anne comes from a po­s­i­tion as as­so­ci­ated part­ner in Si­mon­sen Vo­gt Wiig and has ex­tens­ive ex­per­i­ence...
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CMS Ex­pert Guide to Schrems II
On 16 Ju­ly 2020, the Court of Justice of the European Uni­on (CJEU) de­clared the EU-US Pri­vacy Shield De­cision to be in­val­id by judge­ment in the “Schrems II” case (C-311/18). Even though the Pri­vacy...
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27/12/2022
CMS Ex­pert Guide to AIFM pass­port­ing
In­form­a­tion provided as of 1 Decem­ber 2022.The EU Com­mis­sion pro­moted pass­port­ing rights as one of the key be­ne­fits for hedge, private equity, real es­tate and oth­er al­tern­at­ive in­vest­ment fund man­agers...
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CMS Ex­pert Guide to UCITS pass­port­ing
In­form­a­tion provided as of 1 Decem­ber 2022The UCITS Dir­ect­ive was es­tab­lished to har­mon­ise re­tail col­lect­ive in­vest­ment schemes in the EU through the in­tro­duc­tion of a com­mon in­vest­ment vehicle known...
20/12/2022
CMS Kluge has ad­vised Credo Part­ners AS in con­nec­tion with the sale of...
CMS Kluge has had the pleas­ure to as­sist Credo Part­ners with the sale of elec­tric­al in­stall­a­tion group Kon­stel Hold­ing AS to Nim­las Group AB con­trolled by KLAR Part­ners Lim­ited. We have since 2019 ad­vised...
01/12/2022
CMS Ex­pert Guide to private place­ment of funds rules and law
In­form­a­tion provided as of Decem­ber 2022.When im­ple­ment­ing the Al­tern­at­ive In­vest­ment Fund Man­agers Dir­ect­ive (“AIFMD”), some EU States have tightened or severely re­stric­ted their private place­ment...
17/11/2022
The an­nu­al In­ter­na­tion­al Com­par­at­ive Leg­al Guides to Cy­ber­se­cur­ity 2023...
This sixth edi­tion provides an in­sight in­to cy­ber­se­cur­ity laws and reg­u­la­tions, cov­er­ing hot top­ics across mul­tiple jur­is­dic­tions.  me­di­um­CMS Kluge's Sti­an H. Oddb­jørnsen, Ove A. Vanebo, Iver J. Brække...
14/11/2022
New part­ner in CMS Kluge
We are very happy to wel­come Al­ex­an­der With as a part­ner in CMS Kluge.  Al­ex­an­der comes from a po­s­i­tion as part­ner in De­loitte law firm, where he was head of the in­dir­ect tax de­part­ment for twelve years...
08/11/2022
Tech­no­logy Trans­form­a­tion – Me­dia
The me­dia sec­tor is known to be highly com­pet­it­ive, with that com­pet­i­tion driv­ing in­nov­a­tion. Older me­dia busi­nesses have had to grapple with dis­rupt­ive new entrants. And those new entrants are con­stantly work­ing to de­liv­er bet­ter and more en­ga­ging con­tent and user ex­per­i­ences to main­tain their ad­vant­age. Di­git­isa­tion has changed how me­dia com­pan­ies in­ter­act with their audi­ence in ways we could not have ima­gined just a few years ago, but this comes with risk.This re­port is a deep dive in­to the data first pro­duced for the re­port Tech­no­logy Trans­form­a­tion: Man­aging Risks in a Chan­ging Land­scape. This saw over 500 cor­por­ate coun­sel and risk man­agers sur­veyed from mul­tiple in­dus­tries across the world. Here we look in de­tail at the 75 re­spond­ents from the me­dia sec­tor, and their per­spect­ives on the risks as­so­ci­ated with busi­ness-crit­ic­al tech­no­lo­gies, in­clud­ing emer­ging tech­no­lo­gies. What did we find? Me­dia is a dy­nam­ic sec­tor and can be an early ad­op­ter of many nov­el tech­no­lo­gies as com­pan­ies push for com­pet­it­ive ad­vant­ages to cre­ate and sat­is­fy cus­tom­er de­mand. As we look to the fu­ture, the sec­tor does seem un­der­prepared in some areas, which is a po­ten­tial cause for con­cern.Down­load the Tech­no­logy Trans­form­a­tion me­dia sec­tor re­port now to read aboutThe prin­cip­al drivers in the ad­op­tion of busi­ness-crit­ic­al tech­no­logy in the me­dia sec­tor­Con­fid­ence in man­aging tech-re­lated risks among seni­or me­dia ex­ec­ut­ivesFu­ture threats from new tech­no­lo­gies like AI and block­chain­Which plans and pro­cesses me­dia com­pan­ies are put­ting in place to pro­tect tech in­fra­struc­ture­Cul­tur­al bar­ri­ers to man­aging tech risks in the me­dia sec­tor­Preferred ap­proaches to dis­pute res­ol­u­tion in the me­dia sec­tor
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CMS European Private Equity Study 2022
We are very pleased to share with you the first edi­tion of the CMS European Private Equity Study 2022.This study ana­lyses over 100 CMS Private Equity deals that we ad­vised on in 2021 also tak­ing in­to ac­count for com­par­is­on data of PE deals we ad­vised on in 2020 and trade deals of both peri­ods. Key find­ings based on ana­lys­is of 2021 deals Deal activ­ity: deal volume was in line with gen­er­al mar­ket trends, with a sig­ni­fic­ant de­crease in deal activ­ity in 2020, the year of the out­break of COV­ID-19, fol­lowed by an un­pre­ced­en­ted level of activ­ity in 2021.Deal Drivers: one of 2021's ma­jor deal drivers was di­git­al­isa­tion (11% in 2021 com­pared to 2% in 2019 and 2020).For­eign In­vest­ment Con­trol: In 2021, 14.8% of the PE deals we ana­lysed in­cluded some form of FDI ap­prov­al pro­cess as part of the con­trac­tu­al terms.W&I In­sur­ance: The num­ber of PE deals fea­tur­ing W&I in­sur­ance in­creased from 36% in 2020 to 42% in 2021. In high­er value deals (where the pur­chase price is more than EUR 100m), W&I in­sur­ance cov­er­age is now the stand­ard, hav­ing been used in 74% of the PE deals we ana­lysed.Man­age­ment in­cent­ive schemes: The ma­jor­ity of the in­cent­ive schemes re­viewed al­loc­ated up to 25% of the exit pro­ceeds to man­age­ment. In more than 70% of cases leav­er pro­vi­sions ap­ply and, when triggered, man­age­ment has to for­feit or sell (de­pend­ing on wheth­er they are a good or bad leav­er) both sweet equity and any strip (e.g. rollover in­vest­ment).
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CMS Ex­pert Guide to Dis­missals and Ter­min­a­tion of Em­ploy­ment
This year has seen un­em­ploy­ment reach his­tor­ic lows in many eco­nom­ies. With in­fla­tion and in­terest rates rising, how­ever, em­ploy­ers may face fresh pres­sures to re­view their work­force and see where ef­fi­cien­cies...
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