Cross-border subsidiary and employment transfer (Italy-Norway)

Interlegal members in Italy and Norway provided legal assistance to a Fortune 500 Norwegian Group to help establish an Italian IT subsidiary. The client, a major supplier of oil and gas products, and world’s third largest manufacturer of aluminum products, required the subsidiary to service other group subsidiaries and the transfer of some workforce. Professional services involved corporate law, tax advice and regulatory compliance, as well as negotiation among the concerned parties, including the workforce trades unions.