Norway > Banking and finance (including shipping finance)
Index of tables
Banking and finance (including shipping finance)
Headed by the ‘solution-oriented’ Richard Sjøqvist, Advokatfirmaet BA-HR DA is routinely involved in the market’s most significant and complex deals. Along with Anders Gullåsen, Sjøqvist advised the lenders (led by Nordea Norge) on the financing of BW Offshore’s $2.4bn acquisition of Prosafe; the deal was one of Norway’s largest ever syndicated deals. The ten-partner team has various experts includingTerje Sommer, for capital markets and banking, and Rolf Johan Ringdal, a shipping finance expert and general banking lawyer.
Advokatfirmaet Schjødt AS’ six-partner team provides ‘very good service’ to banks, corporates and private equity sponsors. Although active across a broad range of industry sectors, the firm remains best known for its ‘excellent shipping and offshore financing’ capability. The ‘excellent’ Wilhelm Damm, who heads the practice, continues to advise Nordea Bank on the corporate financing and refinancing of Songa Offshore rig. The ‘very knowledgeable’ Anne Gro Sundby advised Swedbank as lender on a NOK250m corporate loan facility to Tollpost Globe. Jone Engh is a regulatory expert.
Selmer provides ‘very professional service’ to an impressive roster of banks, and advises on new-money financings, refinancings and regulatory issues. Practice head Einar Grette is praised for his ‘problem-solving ability’ and has an excellent reputation, especially for bond financings. Grette recently advised Pareto Securities and Norsk Tillitsmann on a NOK730m senior secured bond financing of Swedish mining company Northland Resources. Knut Endre and Bernt Olav Steinland are recommended for financial services regulatory work.
Advokatfirmaet Thommessen AS is praised for its ‘high level of partner involvement’ and ‘industry knowledge’, and is instructed by numerous banks including RBS, Barclays and Storebrand. The ‘commercially oriented’ Hans Haugstad recently advised DNB and Nordea on the NOK4bn refinancing of Renewable Energy Corporation. Siri Wennevik is recommended for ship financing, as are Tore Mydske and Berit Stokke for regulatory matters, and Bergen-based Jan Brudvik for borrower-side representations.
Wiersholm ‘knows at all times what is current market practice’ and handles a raft of transactions for domestic and international banks including DnB NOR, RBS and Deutsche Bank. The ‘responsive and hardworking’ Kaare Sverdrup and Leif Moltke-Hansen jointly head the practice. The ‘very experienced’ Erik Ramm advised DNB on a NOK5bn loan to Norwegian Property. Knut Bergo and Kjersti Trøbråten are recommended for regulatory matters.
‘Outstanding in every respect’, Wikborg Rein’s seven-partner team in Oslo and Bergen gives ‘high-quality’ advice and has a longstanding pedigree in the shipping and offshore sectors; it frequently works with lawyers from its Asian offices on cross-border deals. The ‘very efficient’ Bernhard Haukali advised DNB on the NOK800m export financing of several ferries. The ‘efficient and experienced’ Alexander Oweson focuses on acquisition finance and recently advised Nordea and DNB Bank on the financing of Altor’s NOK1.9bn acquisition of Veolia Group’s Norwegian business.
Paul Sveinsson heads Arntzen de Besche’s ‘very efficient’ four-partner team, which advises banks such as DNB, Glitnir Banki and ABN AMRO. The ‘very responsive’ Atle Gabrielsen, who has ‘in-depth knowledge of the oil and gas industry’, recently advised DNB on a $500m revolving credit facility to fund Detnorske Oljeselskap’s oilfield development on the Norwegian continental shelf.
Advokatfirmaet Haavind AS’ three-partner team gives ‘excellent advice’ to banks and corporates. Recent highlights include advising Nordea and DNB on the financing of the NOK2.7bn acquisition of Edda Media. Trond Kildal heads the practice.
Simonsen VogtWiig handles a wide range of transactions and a growing number of regulatory mandates, and has been acting on numerous restructurings, including representing Nordea Bank as lender on the $1.4bn restructuring of Frontline. Per Morten Christiansen has ‘superior industry and legal knowledge’, and has made a strong impact since joining from Advokatfirmaet Steenstrup Stordrange DA. Sindre Walderhaug is recommended for shipping finance. Peter Aall Simonsen heads the team. The merger with Vogt & Wiig AS in January 2013 enhanced the team’s shipping finance expertise, with the ‘responsive’ Thomas Dale and ‘excellent’ Christine Rødsæther being particularly accomplished in this area.
Advokatfirmaet Steenstrup Stordrange DA’s banking team, which is led by senior associate Oddvar Myhren Møllerløkken, advises banks on regulatory and transactional matters. Odd Moe is advising Eniro Group as Norwegian counsel on the restructuring of its term loan and revolving facilities. Ian Kenworthy excels at banking litigation and regulatory matters.
The ‘savvy and client-friendly’ Fredrik Lindblom heads DLA Piper’s team, which is ‘really dynamic on the debt side’.
Advokatfirmaet Grette DA provides high-level transactional and regulatory advice to banks and corporates, with Karl Rosén focusing on regulatory matters. Practice head Børge Grøttjord is ‘responsive and knowledgeable’.
Although rarely involved in transactional work, Advokatfirmaet Hjort is notable for its experience in financial services litigation.
Headed by senior lawyer Snorre Haukali, Kluge Advokatfirma DA provides ‘value for money’ across a range of general finance activities, with expertise in its focus areas of shipping and export finance.
Kvale Advokatfirma Da is regularly instructed by Handelsbanken and Fokus Bank and recently advised the latter on a workout case for a distressed borrower. Team head Stine Snertingdalen is recommended.