Faroe Law has experience of providing advice in construction cases, acting for employer and adviser as well as contractor.
Furthermore we assist in drafting construction, adviser and partnering contracts as well as consortium agreements.
We also conduct court and arbitration cases concerning construction matters, including cases before the Building and Construction Arbitration Board.
Please find a guide containing information for construction companies on doing business in the Faroe Islands here. Only available in Danish. The guide is merely informative and not comprehensive and cannot substitute legal advice.
Faroe Law has experience of bankruptcy proceedings, from listed companies to minor, single proprietors.
One of our characteristics is that we aim to reconstruct the failing company. Faroe Law has the necessary resources and expertise to organise operations, typically by suspension of payments, so that a total closing down is avoided and the sound parts of the company are maintained for continuous operation and sale. In this way the values of the company are maintained to the advantage of the creditors and staff interests are taken into consideration
Furthermore, Faroe Law assist creditors in insolvent estates, for example through participation in creditors’ committees, by conducting avoidance cases as well as by advising on securing creditor claims.
Faroe Law assists in reconstructing depressed companies. In critical cases, we are able to provide immediate assistance at short notice in order to avoid bankruptcy. The sooner we are involved, the better the possibility of establishing the basis for a full or partial continuation of the company.
We have close associations with a large number of Faroese and Danish finance houses, which has often proven important in ensuring quick and successful negotiations.
In the area of competition matters, we provide legal assistance concerning distribution agreements, distributor agreements, franchise agreements, chain co-operation and other kinds of co-operation. In addition, we provide legal assistance relating to the observance of merger control rules in connection with business ownership transfer.
Other competition law issues we deal with include competition and customer clauses and unfair competition from former employees and competitors.
We provide legal assistance in all areas of employment law, i.e. concerning the relations between employer and employee.
Faroe Law offers assistance in connection with drafting employment agreements, including executive agreements, as well as in cases concerning termination of employment and equal rights.
We also deal with issues in connection with employee demands for restructuring and reconstruction, the legal positions of employees as a result of business ownership transfer or with employer’s suspension of payments and bankruptcy.
We provide assistance in the area of trademark rights and copyright, including registration of trademarks and domain names, drafting of licence agreements and entry on the register of trademark licences.
Furthermore, we assist in connection with infringement of trademark and copyright, including the issuing of injunctions.
Is it legal to use a quotation from a book in an advertisement?
Is it legal to link to another company’s homepage or refer to a competitor’s products?
Is it legal to use information collected from consumers through “direct marketing”?
We assist in evaluating specific marketing initiatives to ensure that the marketing is within the legal framework. We also assist in connection with conflicts on infringement of IP rights, use of pictures in advertising, goodwill free riding, marketing on the internet, etc.