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Railway package could derail the EEA Agreement

Railway package could derail the EEA Agreement Norwegian authorities propose to undermine the EFTA pillar in the European Economic Area Agreement, replacing the system of two separate pillars with just one. In doing so, the fundamental principles of the EEA Agreement are put at stake. Fierce popular opposition and public debate has delayed the Norwegian parliament’s handling of the proposed incorporation of the EUs 4th Railway package into the EEA Agreement. After the Norwegian Supreme Court in March concluded that the Storting, if it so wishes, can adopt the EU s 4th Railway Package by way of a simple majority, a final decision is expected in May.

Convicted child killer won t be released

Convicted child killer won’t be released April 29, 2021 An appeals court in Oslo has ruled that Viggo Kristiansen, convicted and sentenced in the rape and murder of two young girls in Kristiansand in May 2000, won’t be released from prison. He was sentenced to Norway’s maximum 21 years of confinement with  forvaring, which means he can be held for life. Kristiansen has consistently claimed innocence in the murders that shocked the nation 21 years ago. Eight-year-old Stine Sofie Sørstrønen and 10-year-old Lena Sløgedal Paulsen were both found raped and strangled two days after they disappeared from an early summer outing to Baneheia, a popular hiking and swimming areas in the hills above the southern Norwegian city.

Alpha Blue Ocean Welcomes Final Victory Against Induct in Norwegian Supreme Court

Alpha Blue Ocean Welcomes Final Victory Against Induct in Norwegian Supreme Court Induct must repay loan and issue remaining shares from conversion notice Court rules legal costs must be paid by Induct Alpha Blue Ocean Group ( Alpha Blue Ocean ), an alternative investment firm specialising in providing innovative financial solutions for publicly listed entities, has welcomed the decision by the Norwegian Supreme Court to uphold the original decisions by an Oslo court and the Court of Appeal in relation to the Norwegian firm Induct and the European High Growth Opportunities Securitization Fund ( EHGO ). Alpha Blue Ocean is investment manager of EHGO.

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