The Norwegian bankruptcy proceedings in a nutshell
Most people and businesses are from time to time affected by a bankruptcy. They may be employed by a company going into bankruptcy, have a contracting party that goes bankrupt, or they are owner or board member of a company being declared bankrupt. The person or company taken under bankruptcy proceedings are subject to extensive and complex regulations and in this article we have sought to give an overview and introduction to these regulations under Norwegian law.
Most people and businesses are from time to time affected by a bankruptcy. They may be employed by a company going into bankruptcy, have a contracting party that goes bankrupt, or they are owner or board member of a company being declared bankrupt. The person or company taken under bankruptcy proceedings are subject to extensive and complex regulations and in this article we have sought to give an overview and introduction to these regulations under Norwegian law.
Read the article here.
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