Schjødt

📰 𝗢𝘄𝗻𝗲𝗿𝘀𝗵𝗶𝗽 𝗿𝗲𝘀𝘁𝗿𝗶𝗰𝘁𝗶𝗼𝗻𝘀 𝗶𝗻 𝗡𝗼𝗿𝘄𝗲𝗴𝗶𝗮𝗻 𝗯𝗮𝗻𝗸𝘀 𝗮𝗻𝗱 𝗶𝗻𝘀𝘂𝗿𝗮𝗻𝗰𝗲 𝗰𝗼𝗺𝗽𝗮𝗻𝗶𝗲𝘀 𝘁𝗼 𝗯𝗲 𝗮𝘀𝘀𝗲𝘀𝘀𝗲𝗱 𝗯𝘆 𝘁𝗵𝗲 𝗘𝗙𝗧𝗔 𝗰𝗼𝘂𝗿𝘁 – 𝗮 𝘁𝗮𝗸𝗲𝗼𝘃𝗲𝗿 𝘄𝗮𝘃𝗲 𝗼𝗻 𝘁𝗵𝗲 𝗵𝗼𝗿𝗶𝘇𝗼𝗻? Norway practises ownership control rules in banks and insurance companies that are more restrictive than applicable EU directives. In particular, the Ministry of Finance has restricted any owner who is not a financial institution from owning more than 20/25 % of a Norwegian bank or insurance company. The EFTA Surveillance Authority (ESA) has brought an infringement action before the EFTA Court against Norway on this point. A public hearing was held 1 April 2025 and the EFTA Court's decision is expected within 6-8 months. The arguments brought forward by the Norwegian Government supporting existing practice has not convinced ESA or the European Commission and we expect the EFTA Court to decide against Norway. This may pave the way for takeovers of Norwegian banks and insurance companies. Read more in our newsletter. Link to the article is in the comment section. 👇

Les hva Schjødts fiskeri- og havbruksgruppe mener om Havbruksmeldingen. Lenke til nyhetsbrevet i kommentarfeltet 👇 Tore Fjørtoft | Tobias Øren | Tord Fondevik | Eline Vik Grøvdal | Morten Ulland Henriksen | Dag Sigvart Kaada | Hedda Marie Hammerhaug Kallar | Hugo P. Matre | Stian S. Tennfjord | Eirik Wold Sund | Lasse Brustad Horn

𝐒𝐜𝐡𝐣ø𝐝𝐭 𝐜𝐨𝐧𝐭𝐢𝐧𝐮𝐞𝐬 𝐭𝐨 𝐜𝐥𝐢𝐦𝐛 𝐢𝐧 𝐄𝐮𝐫𝐨𝐩𝐞𝐚𝐧 𝐌&𝐀 𝐫𝐚𝐧𝐤𝐢𝐧𝐠𝐬 🥇Highest deal count in the Nordics 🚀 4th highest deal count in Europe 🚀 20th highest deal count globally 🇩🇰 2nd highest deal count in Denmark 🇳🇴 3rd highest deal count in Norway 🇸🇪 9th highest deal count in Sweden   According to Mergermarket's Global and Regional M&A Rankings 1Q25, Schjødt is once again the highest-ranked law firm in the Nordics by deal count and the only Scandinavian firm in the Global top 20 list. In the Europe table, Schjødt climbs further to fourth place.   Our M&A department in Copenhagen leads the way with 26 deals and climbs six spots, placing us 2nd for the quarter in Denmark. In Norway, Schjødt is placing 3rd for the quarter, with a total deal count of 24. In Sweden, Schjødt is placing 9th with nine deals.   Schjødt once again demonstrates a unique ability to deliver seamless transaction services to our regional and international clients across Scandinavia and the UK.   We thank all those who have trusted us with their projects and look forward to assisting new and existing clients with their upcoming transactions and other mandates in the coming quarter. #Mergermarket #rankings #transactions

📰 𝗟𝗼𝘃𝗳𝗼𝗿𝘀𝗹𝗮𝗴 𝗼𝗺 𝗹𝗲𝗺𝗽𝗲𝗹𝘀𝗲 𝗮𝗳 𝗯𝗲𝘀𝗸𝗮𝘁𝗻𝗶𝗻𝗴 𝗮𝗳 𝗮𝗸𝘁𝗶𝗼𝗻æ𝗿𝗹å𝗻 𝗼𝗴 𝗹ø𝗯𝗲𝗻𝗱𝗲 𝘆𝗱𝗲𝗹𝘀𝗲𝗿 Efter lovforslaget bliver aktionærer, der låner penge af eget selskab bliver fremover ikke dobbeltbeskattet af samme lånte beløb, hvis der sker tilbagebetaling til selskabet af lånet og der derefter foretages nye lån op til samme beløb. I tilfælde af løbende ydelser, foreslås det, at sælger fremadrettet kan anmode om henstand med betaling af skatten, så sælger ikke beskattes fuldt ud i aftaleåret af den kapitaliserede værdi af den løbende ydelse. I stedet beskattes sælger proportionelt ved modtagelse af de løbende ydelser. Læs mere i nyhedsbrevet. Link til artiklen er i kommentarfeltet. 👇

📰 𝗪𝗲𝗹𝗰𝗼𝗺𝗲 𝘁𝗼 𝘁𝗵𝗲 𝗔𝗽𝗿𝗶𝗹 𝟮𝟬𝟮𝟱 𝗲𝗱𝗶𝘁𝗶𝗼𝗻 𝗼𝗳 𝗦𝗰𝗵𝗷ø𝗱𝘁'𝘀 𝗧𝗲𝗰𝗵𝗻𝗼𝗹𝗼𝗴𝘆 𝗨𝗽𝗱𝗮𝘁𝗲.  Swipe through the excerpts from the newsletter below. This month you will find: 🔎 Jeppe Songe-Møller and Trygve Karlstad looking into the proposal for the Norwegian DORA Act.   ⚖️ Thomas Hagen and Paal-André Storesund providing a summary of a recent judgement from the Oslo District Court in which a provider of e-learning courses was found guilty of infringing another provider's copyright by copying the latter's courses. 📢 Sigurd Fjærtoft-Andersen providing an overview of the changes to the Norwegian Broadcasting Act.   The Technology Update is edited by Ane V. Rode. All the articles can be found on our website if you want the full story. Link in the comment below. 👇

📰 𝗦𝗰𝗵𝗷ø𝗱𝘁'𝘀 𝗧𝗮𝘅 𝗨𝗽𝗱𝗮𝘁𝗲 – 𝗤𝟭 𝟮𝟬𝟮𝟱 Schjødt's tax group reviews and highlights international, Norwegian, Swedish and Danish tax news. The Q1 2025 newsletter is filled with insightful articles that cover significant developments in tax regulations across these countries. Read our newsletter below. 👇 https://lnkd.in/dZdiBZfG

𝗦𝗰𝗵𝗷ø𝗱𝘁 𝗮𝗱𝘃𝗶𝘀𝗲𝘀 𝗣𝗿𝗶𝘃𝗲𝗾 𝗼𝗻 𝘁𝗵𝗲 𝗰𝗿𝗲𝗮𝘁𝗶𝗼𝗻 𝗼𝗳 𝗠𝗮𝗸𝗶𝗻 𝗚𝗿𝗼𝘂𝗽    Schjødt is pleased to have advised private equity firm Priveq, a leading Nordic mid-market growth and buyout investor, on the three parallel acquisitions of Kinematic, Makin and Maskinstyring – creating Makin Group, a group offering machine control solutions for heavy construction machines and engineering services contributing to efficiency gains in construction workflows. Schjødt's team comprised lawyers from our Swedish, Danish and Norwegian teams – yet another great example of our pan-Scandinavian team working as an integrated deal team. The Schjødt core team consisted of Karl Klackenberg, Christoffer Bjerknes, Tobias Bonde Frost, Daniel Bolsveen Nyhus, Christian Mørch, Sofus Larsen, Zain Abdin, Ane V. Rode, Kajsa Sundklev, Mads Willer Skytte, Andrea Cecilie Rakvaag, Mathilde Dueholm Bache, Elisabeth Bekke Kjær, Josephine Omann and William Eitrem.

🤝 𝗪𝗲'𝗿𝗲 𝗵𝗮𝗽𝗽𝘆 𝘁𝗼 𝗲𝘅𝘁𝗲𝗻𝗱 𝗼𝘂𝗿 𝗽𝗮𝗿𝘁𝗻𝗲𝗿𝘀𝗵𝗶𝗽 𝘄𝗶𝘁𝗵 𝗠𝗮𝘀𝘁𝗲𝗿𝗰𝗮𝗿𝗱 𝗟𝗶𝗴𝗵𝘁𝗵𝗼𝘂𝘀𝗲 𝗱𝘂𝗿𝗶𝗻𝗴 𝟮𝟬𝟮𝟱! 🇸🇪🇳🇴🇩🇰 Our involvement in the Lighthouse program is a strong testament to our pan-Scandinavian offering, as we continue to grow our presence in the fintech, tech, and VC startup ecosystem across the Nordics. 🔴🟠 Mastercard Lighthouse is a leading Nordic accelerator for digital innovation and strategic partnerships. 💬 Hear from our colleagues Henrik Elvingsson and Morten Richardsen below. #MastercardLighthouse #Fintech #Startups #VC #LegalPartner #Scandinavia #Nordics #Innovation #TechLaw

𝗣𝗿𝗼𝗽𝗼𝘀𝗲𝗱 𝗻𝗲𝘄 𝗡𝗼𝗿𝘄𝗲𝗴𝗶𝗮𝗻 𝗠𝗶𝗻𝗲𝗿𝗮𝗹𝘀 𝗔𝗰𝘁 (𝗣𝗿𝗼𝗽. 𝟳𝟭 𝗟 (𝟮𝟬𝟮𝟰–𝟮𝟬𝟮𝟱)) 📰 On 28 March 2025, the Ministry of Trade, Industry and Fisheries published Prop. 71 L (2024–2025), proposing a new Minerals Act to replace the current 2009 legislation. The proposal aims to modernize the legal framework for mineral activities in Norway, emphasizing more efficient processing of applications, predictable conditions for the industry, and better protection of societal interests. Schjødt's Advisory group gives you the key takeaways from the proposal. Link to the newsletter is in the comment section. 👇 #norskbergindustri Siv Sandvik | Tobias Øren | Geir Evenshaug | Ole G. Klevan

⭐ 𝗦𝘁𝗿𝗲𝗻𝗴𝘁𝗵𝗲𝗻𝗶𝗻𝗴 𝗼𝗳 𝗼𝘂𝗿 𝗕𝗮𝗻𝗸𝗶𝗻𝗴 𝗮𝗻𝗱 𝗙𝗶𝗻𝗮𝗻𝗰𝗲 𝗽𝗿𝗮𝗰𝘁𝗶𝗰𝗲 𝗶𝗻 𝗗𝗲𝗻𝗺𝗮𝗿𝗸 ⭐   We welcome Philip Hundahl, Julia Fell and Lea Enke to our Banking and Finance team in Copenhagen.   Philip joins us as a partner and brings a wealth of experience from his previous roles at Accura and Danske Bank, where he specialised in banking and financing. Joining him are his esteemed colleagues Julia (Managing Associate) and Lea (Associate), who also have strong backgrounds from leading Danish law firms. Together, they bring extensive expertise in financing, particularly in leveraged finance transactions, real estate financing, renewable financing, and debt financing of privately held and listed businesses.   🚀 The new team significantly strengthens our seamless Banking and Finance offering throughout Scandinavia and the UK.    #Schjødt #Copenhagen #BankingAndFinance #Law