We are pleased to announce that Wikborg Rein has assisted Swedish company Nobina AB - the Nordic region’s largest public transport operator, with 15,000 employees across four countries and serving one million passengers daily - in its acquisition of Norwegian company Oslobuss AS and its subsidiary Vestfoldbuss AS.

The Cyberspace Administration of China has issued a draft standard contract for cross-border transfers of personal information out of China which will, if adopted, constitute a valid transfer mechanism under the Chinese Personal Information Protection Law. Both the transferring entity and the overseas recipient must still be aware of additional data protection requirements related to cross-border transfers, including reporting requirements.

The sweeping sanctions implemented against Russia give renewed relevance to the Chinese countermeasures to foreign companies with operations in China or doing business with Chinese counterparties. Companies should tread carefully to avoid falling foul of Chinese legislation.

For those who are interested in the Chinese offshore wind market, it is crucial to understand that the Chinese regulatory framework for this sector is complicated and comprehensive, covering the whole value chain.

Companies that operate internationally may often face demands for bilingual contracts in foreign jurisdictions.

China

Company Law

Contract Law and Construction

Data Protection and GDPR

International Trade

Construction and Infrastructure

Industry

Specialist Counsel

Therese works primarily with M&A transactions and corporate legal advice, which often have cross-border aspects. She regularly assists funds and industrial players with acquisitions and mergers across industry sectors. Therese also has seven years of experience from China, and assists on corporate assignments, as well as compliance and regulatory assessments related to China.

Within M&A, Therese has extensive experience in leading due diligence processes, negotiations and drafting of transaction documents. She has experience from private equity transactions and related regulatory issues for the private equity industry.

She also assists Norwegian and Scandinavian industrial and technology companies with a China presence, as well as Chinese companies with a presence in Norway. Therese has experience from company establishment, regulatory affairs, and contractual agreements in China, and disputes arising from the same. On compliance matters, she assists companies with activities in China both with preventive work, training and whistle-blowing cases.

Therese is a board member of the Norwegian-Chinese Chamber of Commerce and is frequently used as a speaker at conferences and in other fora.

Oslo

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Therese works primarily with M&A transactions and corporate legal advice, which often have cross-border aspects.

Therese Trulsen

Trainee at Hong Kong International Arbitration Centre