Banking and Finance
The banking and finance industry manages large assets and is an important operator in industry and commerce and in society in general. For this reason, the legislation is often extensive and complex. In addition, the industry is largely influenced by regulatory changes driven by international development, strong competition and the extensive pace of technological change.
The constant changes to the industry's framework conditions underline the importance of a legal partner who at all times has the overview of the legislation, the market and the operators' room for manoeuvre.
Wiersholm's industry group for banking and finance possesses extensive expertise in all relevant fields. For this reason, we have been top-ranked in the category "Banking and Finance" in national and international lawyer surveys for a number of years.
We place great emphasis on a high professional standard, in-depth industry knowledge, a high level of service and degree of availability in our assistance to banking and finance undertakings. Our client portfolio in banking and finance includes almost all the major financial institutions in Norway, as well as a number of Nordic, European and US financial institutions, their subsidiaries and branch offices. Our assistance is distinctly project-oriented, and since a large proportion of our clients are foreign undertakings, we use a well-developed collaborative network of international law firms.
In banking and finance, we assist with, among other things, loan agreements and guarantee facilities, derivatives, acquisition financing and project financing, restructurings and insolvency, as well as dispute resolution. We also have experience with major disputes relating to defaulted engagements and enforcement of charges, such as share charges.