Projects

  • 2015

    The Herkules case

    Ståle was a part of the litigation team representing the founders of Herkules Capital in the Norwegian Supreme Court. The court found that there was no basis for a reallocation of "carried interest" paid by private equity funds to the fund management company. Further, the court found that there was no basis for taxing the founders for their respective shares of the "carried interest" as income from employment. The case was of a principal character and will have an impact on the outcome of a number of subsequent cases related to other enterprises within the Norwegian private equity industry.

  • 2014

    Sale of Get

    Ståle was a part of the Thommessen team that advised Get and its shareholders (the private equity funds Goldman Sachs Capital Partners and Quadrangle) in the dual track exit process for the fibre-based broadband and content provider Get. The process comprised an auction sale in which industrial players and financial sponsors were invited to make offers for the company, and an IPO process on the Oslo Stock Exchange. Get was prepared to announce its intention to float and print the IPO prospectus when a final share purchase agreement was entered into with TDC A/S for the sale of Get AS at an enterprise value of NOK 13.8 bn (EUR 1.7 bn). Deutsche Bank and Goldman Sachs International were managing the auction sale, and additional banks were involved as managers in the IPO track.

Work experience

  • 2014
    Admitted to the Supreme Court of Norway
  • 2007–
    Partner, Thommessen
  • 2004–2006
    Senior Associate, Thommessen
  • 2001
    Admitted to the bar
  • 2000–2003
    Associate, Thommessen
  • 1998–2000
    Associate, PricewaterhouseCoopers DA Law Firm

Education

  • 1997–
    Candidate in Jurisprudence, University of Oslo
  • 1996–1997
    Studies in European and International law and International private law, University of Edinburgh
  • 1996–
    English studies, University of Oslo