News
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Norway finally implements PSD2
New Norwegian legislation implementing the public law part of the second payment services directive (PSD2) will become effective on 1 April 2019.
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Still the leading law firm on technology and digitalisation
Simonsen Vogt Wiig is once again ranked as the leading law firm within technology and digitalisation in Finansavisen's lawyers' survey ("advokatkåringen"). We are pleased to announce that we have also been ranked as the leading law firm within data protection.
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Hard Brexit – consequences for UCITS funds either domiciled in or managed from the UK being marketed in Norway
UK leaving the EU without any form of agreement (Hard Brexit) 29 March seems more and more likely. In this newsletter, we look at what this would mean for UCITS funds either domiciled in or managed from the UK being marketed in Norway, and for the Norwegian investors.
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Experiences from the completion of buyers' due diligence of single purpose real estate companies
With regard to the acquisition of single purpose real estate companies, the completion of a due diligence is a fundamental basis for the buyer's decisions. A flexible and effective due diligence process can contribute considerable benefits for the buyer, both as part of the negotiations with the seller and with regard to reducing the risk for future surprises. Furthermore, experience shows that there are certain recurring issues that should be devoted extra attention in these transactions.
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McDonald's Loses its EU "BIG MAC" Trademark
Following a revocation application from the Irish fast food chain Supermac, the European Union Intellectual Property Office (EUIPO) ruled to cancel McDonald's "BIG MAC" trademark in the EU.