Norway Ends Temporary Rule Exempting Tax Claim Priority in Restructuring Under the Bankruptcy Act

The Norwegian government has published a release from the Ministry of Finance on changes in the rules regarding the priority of tax claims during corporate restructuring under the Bankruptcy Act, approved by the parliament (Storting) on 9 June 2026. During the COVID-19 pandemic in 2020, a temporary rule was introduced providing that the government would not have priority for its tax claims when a company underwent restructuring. This temporary rule has been amended so that the exemption from…