Commercial contracts are the lifeblood of all industries, and come in all sorts of varieties and variations. The common features are nevertheless many, and the challenges often the same. Principally, commercial contracts deal with predictability and clarification of the parties' obligations and rights, the risk distribution between the parties when performance is not according to plan, and the effects of a party not fulfilling its obligations.
Our lawyers are among the foremost in the field of contract law, and have experience with most of the many commercial agreements found in industry and commerce. We provide assistance at all stages, from drafting, negotiation and conclusion of the agreement to follow-up and continuous advice – and with dispute resolution if required. Many of our lawyers are regularly appointed arbitrators and mediators in contractual disputes.
Whatever the contents and size of the engagement, we always combine high professional quality with a practical and commercial approach to the client's needs.
Cooperation and joint venture agreements
Dealership, distribution and franchise agreements
Civil works, manufacturing and production contracts
Maintenance and modification contracts
Ship building contracts
Engineering, development and study contracts
Rental and lease contracts
Rig and well services contracts
Supply agreements, including general sales and delivery terms
Transport and freight forwarding agreements, including charter parties
Long lease contracts
Contracts for the sale of natural gas, LNG and NGL
Tie-in and processing agreements for oil and gas
In addition, we possess in-depth knowledge of a number of standard form contracts often used within their respective fields – either directly or with adaptations:
Norwegian Standard Ship Building Contract (Skip 2000)
Norwegian Civil Works Standards such as NS 8405, NS 8407, et. seq.
Norwegian Standard Manufacturing and Installation Contracts, such as NF, NTK, NIB and NSC
International Standard Production Contracts such as NL/NLM, Orgalime, FIDIC and LOGIC (Crine)
The EFET contracts for gas and electricity
The ISDA contract for financial instruments, etc.
The Norwegian Marine Insurance Plan
BIMCO standards for carriage by sea, etc.
Standard Lease Agreement for commercial premises
The LMA Standard Loan Agreement
The Computer Association's Standard Agreements for development, operation and maintenance
Wiersholm combines 'great availability and business understanding' with 'a hardworking approach to any task' to maintain its position as 'one of the best in the market'.