The Legal 500

Arntzen de Besche

PO BOX 2734, SOLLI, 0204 OSLO, NORWAY
Tel:
Work +47 23 89 40 00
Fax:
Fax +47 23 89 40 01
Web:
www.adeb.no
Email:
Trondheim, Stavanger, Oslo

Norway

Top-tier recommendations


Norway

Within Banking and finance (including shipping finance), Arntzen de Besche is a second tier firm,

Praised for its ‘strong knowledge about the development of international legal standards and issues related to loan agreements’, Arntzen de Besche has an excellent reputation for asset finance and corporate finance transactions. The ‘excellent’ Atle Gabrielsen advised DNB Bank on the $1bn multicurrency revolving credit facility provided to Det norske Oljeselskap. Team head Paul Sveinsson is also recommended.

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Within Capital markets, Arntzen de Besche is a second tier firm,

Arntzen de Besche handles cross-border deals for issuers in the oil and gas sector. Recent highlights include advising Teekay on its acquisition of Sevan Marine, the transaction including a share issue and a public offer for all outstanding shares in Sevan Marine. The ‘commercial and responsive’ Geir Evenshaug and Trond Vernegg are recommended.

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Within Construction, Arntzen de Besche is a third tier firm,

Up and coming for construction’, Arntzen de Besche has ‘invested heavily in the area’, and has a strong presence out of its Trondheim office. Kjell Sagen Berg is ‘highly experienced in the construction sector’. Clients include Veidekke and PEAB.

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Within Corporate and M&A, Arntzen de Besche is a third tier firm,

A strong firm for M&A in the oil and gas industry and increasingly active in other industry sectors, Arntzen de Besche has substantial visibility in the market and acts for a mix of corporates, government bodies and private equity sponsors; names include Opera Software, Warburg Pincus, and the Norwegian Ministry of Trade and Industry. Erlend Bakken and the ‘sharp and business-minded’ Geir Evenshaug advised Tullow Oil on its acquisition of domestic exploration company Spring Energy Norway. Team head Per Dagslet is also recommended.

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Within Dispute resolution, Arntzen de Besche is a second tier firm,

Headed by Kåre Moljord, Arntzen de Besche’s 15-partner team provides an ‘excellent and efficient’ service before courts of all levels and across a broad array of practice areas. ‘Technical genius’ Hanne Skaarberg Holen and the ‘very wise’ Ulf Werner Andersen are representing Transocean in the civil litigation elements of its high-profile tax evasion case. Stavanger-based Thomas Smedvsig is ‘service-minded, and has a broad field of knowledge’.

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Within Electricity and renewable energy, tier 4

Headed by Dag Erlend Henriksen, Arntzen de Besche maintains a prominent position in the energy market, and has strong relationships with clients including Enova, Gassnova and Statnett. John Egil Bergem is recommended.

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Within Employment, Arntzen de Besche is a first tier firm,

Strengthened by the arrival of former Minister of Labour Hanne Inger Bjurstrøm, Arntzen de Besche’s eight-partner team delivers ‘high-quality advice’ to clients including TrønderEnergi, Statoil and Vard Group. Sven Iver Steen is a leading expert on pensions, and together with the ‘knowledgeable and experienced’ Tron Dalheim is advising the SAS Group on the restructuring of its pension plans and collective agreements. Lars Holo and Ingeborg Moen Borgerud are also recommended.

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Within EU and competition, Arntzen de Besche is a second tier firm,

Headed by the ‘knowledgeable’ Stein Ove Solberg, Arntzen de Besche’s five-partner team has ‘an excellent reputation’ and covers the full gamut of issues from merger control to public procurement. The ‘responsive’ and ‘experienced’ Espen Bakken is recommended for state aid and procurement matters, and together with the ‘analytical’ Thomas Nordby is representing Icelandic company Mila before the EFTA Court challenging the EFTA Surveillance Authority’s decision on alleged state aid.

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Within Insolvency and corporate recovery, Arntzen de Besche is a second tier firm,

Arntzen de Besche excels in debtor work for mid-size and large companies. Led by Erlend Bakken, the firm advised Norse Energy on its recent NOK17m convertible bond issuance, and is now advising it in negotiations with stakeholders for a complete restructuring of the company’s capital structure. The ‘very experienced’ Joar Grimsbu, in Trondheim, is recommended for traditional insolvency matters.

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Within Intellectual property and TMT, tier 4

Arntzen de Besche is strong in the oil and gas sector, and is representing Sensor Developments in patent infringement disputes against US company Schlumberger regarding oil and gas technology. Team head Espen Sandvik is recommended.

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Within Oil and gas, Arntzen de Besche is a first tier firm,

Arntzen de Besche has ‘in-depth industry knowledge’. Rune Omdahl represents Lundin Norway across a range of matters, currently advising it in relation to the development of the Edvard Grieg field. The ‘experienced and customer-focused’ Christian Michelet is regularly sought out to advise foreign governments on policy and legislative issues. Dag Erlend Henriksen heads the team, whose other clients include Gassnova, Tullow Oil and Single Buoy Moorings.

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Within Real estate, Arntzen de Besche is a second tier firm,

Arntzen de Besche’s ‘excellent’ team handles transactional work for a range of stakeholders including private equity sponsors, developers and public bodies. The ‘focused and commercial’ Hans-Henrik Kværne and Trond Vernegg advised Avantor on the NOK718m sale of Statnett’s headquarters. Erling Høyte and Eilif Koch are also recommended.

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Within Tax, Arntzen de Besche is a second tier firm,

Arntzen de Besche is regularly engaged by clients to advise on oil and gas related tax issues. Hanne Skaarberg Holen and Ulf Werner Andersen continue to represent Transocean in the high-profile tax evasion case.

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