Liability

Enterprises nationally and globally are subject to regulatory requirements, and expectations from shareholders and contracting parties imply a high degree of professionalism. Annual accounts must be audited, anti-money laundering procedures implemented, data protection measures complied with and contracts reviewed in order to protect the best interests of the enterprise.

To meet these expectations, advisory services for billions of kroner are purchased each year. The advisors are subject to strict professional liability pursuant to law and contracts and a potential liability for damages may be very significant as erroneous advice may result in huge losses or liability for the enterprises. Nor are boards of directors and managing directors exempted from liability for their acts and omissions – they are subject to strict company law requirements, with corresponding liability for damages.

Wiersholm is a liability expert, and in addition to being at the top of their game when it comes to advising both enterprises and professionals before a matter is brought to court, Wiersholm has litigated some of Norway's largest liability matters before the courts, and assisted in disputes that were amicably settled.