Today, strict requirements are placed on the professionalism and diligence of board members, senior management and professionals such as auditors, solicitors, brokers and accountants. Breaches of these requirements can lead to substantial claims for damages – from shareholders, customers, contracting parties or the insolvency estate.
Such cases are often perceived as highly demanding for those facing claims, and they can involve significant financial stakes. It is therefore crucial to obtain early and clear assistance – both to identify risks, gather accurate factual information and assess how the case should best be handled – legally and commercially.
At Thommessen, we have extensive experience in professional liability and directors’ liability cases, and regularly assist clients – both before a dispute arises and as advisers and legal representatives in disputes before the courts.
Cases can be complex, involving large volumes of documentation and demanding legal assessments. Our project model and use of digital tools ensure that the client receives a predictable and efficient process – with the right use of resources and specialist expertise in each individual case.
Claims for damages against professionals and board members are often covered by professional indemnity insurance. We have a thorough understanding of the interplay between liability and insurance, and assist in clarifying insurance cover and liaising with insurance companies.
Thommessen has assisted in several of the largest board and professional liability cases in Norway, including extensive auditor disputes and claims against management in large enterprises. We have in-depth industry knowledge and broad experience across various sectors.
