Successful Outcome in Borgarting Court of Appeal in Case on Board Liability Under the Companies Act § 17-1
In a judgment from Borgarting Court of Appeal on January 23, 2024, Hjort’s client was granted com-pensation under the Companies Act § 17-1. According to the provision, among others, the CEO, board members, or shareholders can be held personally liable for damage caused intentionally or negligently.
Full victory in Søndre Østfold District Court for Hjort’s client
Following the Supreme Court’s decision in November 2023 that ByWe had lost the right to claim dismissal due to agreed arbitration, the main hearing in IdHair Company A/S’s lawsuit against ByWe took place in January 2024. Søndre Østfold District Court has, in its judgment of January 25, 2024, ruled in favor of IdHair, and ByWe is ordered to pay compensation and legal costs totaling 12 million Norwegian kroner.
Strengthening Security of Supply – Legislative Proposal to the Storting
Before the New Year, the Ministry of Petroleum and Energy, now the Ministry of Energy, submitted Prop. 33 L (2023-2024) on amendments to the Watercourse Regulation Act and the Energy Act to strengthen security of supply to the Storting. The bill is being considered by the Storting’s Energy and Environment Committee, which will submit its recommendation by February 13, 2024. The bill fol-lows up on the government’s proposal for a new governance mechanism.
Agreement Reached in the Fosen Case
The dispute over the farm at Storheia on Fosen has now been resolved. After an extensive mediation process between Sør-Fosen sijte, Fosen Vind DA, and with the participation of the state, an agreement has been reached. Hjort, led by lawyer Kristin Bjella, has assisted Fosen Vind in this mediation.
How Will the Changes in the Norwegian Working Environment Act Impact the Right to Permanent Employment?
The first paragraph of section 14-9 in the Norwegian Working Environment Act establishes the fundamental principle regarding permanent employment. According to the Norwegian government, a high percentage of permanent employment will contribute to more productive, adaptable, and competitive businesses.
Legal Issues with use of Artificial Intelligence in Businesses
Artificial intelligence (AI) presents opportunities and challenges for businesses. While AI can offer significant benefits, and the risk of not implementing AI can also be perceived as high by many, it is crucial to understand and address the associated legal risks to ensure compliance and ethical AI development. Failure to adhere to legal requirements, or to take proper account of them when planning an AI strategy, can also limit an enterprise’s ability to harness the potential of AI.