Dispute Resolution | BAHR represents client in multi- billion “earn-out” dispute under the SCC rules

BAHR's Dispute Resolution team has recently represented a client in an international arbitration under the arbitration rules of the Arbitration Institute of the Stockholm Chamber of Commerce.

The claim – exceeding 1,6 billion NOK – is based on loss of earn-out payments due to an alleged breach of an efforts clause in a share sale and purchase agreement. The case raises fundamental questions concerning the scope of efforts clauses in international commercial contracts governed by Norwegian law.

BAHR’s Dispute Resolution team consisted of Atle Skaldebø-Rød, Daniel Sipos, Emily Firing-Toften and Benjamin Berg Bentele. Read more about the BAHR Dispute Resolution practice here.