Autolink

Traditionally, Autolink had used the Norwegian State Railways, and subsequently their subsidiary CargoNet, for operation of the autorack trains.^[12] On 31 January 2007, Autolink bought 40% of the private railway company Ofotbanen, and transferred the freight contract to them. This made Autolink Ofotbanen's largest customer.^[13] In March, Ofotbanen ordered additional 70 new autoracks for NOK 175 million.^[14]

Ofotbanen had since their establishment had economic problems. The contract with Autolink had helped, but in July 2008, Autolink cancelled their contract with Ofotbanen.^[15] Two weeks later, Autolink announced that they would establish their own railway company, which they had been working with since April. They stated that the deal with Ofotbanen was discontinued because the majority owner—Rail Management, owned by Michael Steimler—would not allow additional private placements of capital, nor sell their shares to Autolink.^[16] From 29 July all automotive trains stopped running, and no cars were transported for ten days. The same day, all board members in Ofotbanen from Autolink withdrew their positions.^[17]

The matter ended in court, regarding the matter of if Autolink should be allowed to take control over four train radios that were located in locomotives owned by Autolink, but operated by Ofotbanen. In a shareholder agreement between Autolink and Rail Management, the ownership of the train radios had been transferred to Autolink, but the agreement has clauses that specified that Autolink could not start a competing railway company. Stating that Autolink had behaved disloyal with regard to the contract, Ofoten District Court ruled on 17 July 2008 against Autolink's demand for an interim order to transfer the ownership to Autolink.^[8] The court ruled that an interim decision could not be made due to the complexity of the contracts, and that a normal lawsuit would have to be carried out to determine the matter. What was agreed upon was that Autolink on 13 February 2008 had bought five shunters from Ofotbanen for NOK 12 million, of which NOK 9.5 million was paid by Autolink deleting debt.^[18]

Ofotbanen lost their license from the Norwegian Railway Inspectorate on 7 October 2008 at 12:00. This was because Ofotbanen had not documented necessary accounts for 2007, nor provided evidence of necessary liquidity.^[19] On 24 October, the company was declared bankrupt.^[20][21] Rail Management subsequently established the new company Ofotbanen Drift, and stated that the cause of the bankruptcy was that Autolink had not let them make a private placement of NOK 10 million.^[22]

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