BAHR‘s restructuring group is highly regarded for its ‘legal and strategic understanding, coupled with commercial acumen‘. The department has a solid track record in acting for bondholders and banks, with cross-border restructuring work and prominent insolvency matters acting as core areas of instruction for the team. Richard Sjøqvist is highly regarded for his expertise in handling high-profile restructurings, and the ‘outstanding‘ Magnus Tønseth advises on international restructuring mandates. Managing associates Steffen Rogstad and Daniel Jovanovic are also key names to note.

Insolvency expert Stine Snertingdalen heads up Kvale Advokatfirma DA‘s practice, which is home to a team of ‘very experienced insolvency lawyers with a great sense for practical solutions‘. Tom Hugo Ottesen is a key figure in the team for assisting banks with restructurings and refinancings, and is well known for his established track record in acting as a court-appointed administrator. Large-scale, cross-border bankruptcy mandates are prominent in Thomas Piro‘s workload, while the ‘highly competent‘ Robert Jensen acts for creditors, shareholders, boards of directors and investors on insolvency mandates. Jon Skjørshammer is a highly regarded practitioner in the space, and senior lawyers Ingrid Tronshaug and Erik Torjusen are also active in the space.

Boutique firm Ro Sommernes Advokatfirma DA has ‘solid cover in all relevant areas in corporate recovery and insolvency’; the department ‘combines academic excellence with the hands-on practical approach needed in corporate recoveries and insolvency’ and is ‘the unrivalled leader in this area in Norway‘, according to clients. Department head Håvard Wiker attracts praise for his ‘unique combination of being highly skilled within the law as well as having a calm and practical approach to each case‘, while Nils Holger Koefoed is ‘extremely solution-oriented‘. Other key practitioners include financing expert Ole Johan Stensli and Erik Sandtrø, who is well versed in handling bankruptcy proceedings.

Advokatfirmaet Simonsen Vogt Wiig‘s ‘very professional insolvency team‘ operates out of the Oslo, Bergen and Trondheim offices, and is regularly instructed on prominent financial restructuring mandates in the offshore and shipping industries. The group is highly regarded for its strong capabilities in advising on the administration of complex bankruptcies; Bjørn Åge Hamre is well known for his expertise in this area. Hamre jointly heads up the department with Peter Aall Simonsen, who acts for creditors in restructurings, and debt settlement expert Nils Håkon Risberg.

Kristoffer Hegdahl heads up the restructuring and insolvency department at Advokatfirmaet Thommessen AS, which continues to handle a high volume of prominent financial restructurings within the shipping, oil and offshore sectors. The group acted for offshore driller company Seadrill in its high-profile financial restructuring, valued at NOK65bn. Ellen Teresa Heyerdahl is a key name for advising borrowers, arrangers and lenders on bond and bank financing matters, while specialist counsel Øyvind Dehli has expertise in cross-border restructuring issues. Other key practitioners are recently promoted partner Frida Stene-Slotte and managing associate Faraz Ahmed Ali.

Wikborg Rein‘s ‘highly skilled and professional‘ restructuring team is ‘very business and solution oriented‘ and ‘provides very accurate and concise advice‘ on a range of insolvency and restructuring matters. Led by Kaare Christian Tapper, the group is well versed in assisting a solid client base of offshore and shipping companies, and is also adept at handling instructions from banks and energy sector entities. Of counsel Leif Petter Madsen is a highly regarded practitioner in the space. Senior lawyer Johan Astrup Heber regularly assists with financial and corporate restructurings and bankruptcy proceedings, and senior lawyer Mira Bergsland handles insolvency work.

At Advokatfirmaet Haavind AS, the ‘excellent‘ team stands out for its ‘high level of expertise‘ in handling large-scale bankruptcy mandates, and has been kept particularly busy assisting clients from the transport, retail, and construction sectors with high-value restructuring work. Practice head Ellen Schult Ulriksen is ‘very knowledgeable and has a practical approach which is very valuable‘. Banking and finance expert Hans-Christian Donjem assists private equity houses and financial institutions with restructurings, and senior lawyer Karianne Evje Skiaker is ‘very good at identifying the relevant problems to be addressed, and finding good practical solutions‘. Senior lawyer Christoffer Baisgård is ‘very responsive‘ and regularly advises on bankruptcy proceedings.

The team at Advokatfirmaet Schjødt is particularly sought out for its established track record in acting on complex restructuring matters, often including international elements. Department head Egil Horstad, who is based in Bergen, is well known for acting as a court-appointed administrator, and Oslo-based Peter Bugge Hjorth regularly acts for lenders in cross-border restructuring mandates. Also in the Oslo office, Siv Sandvik is a key name for clients from the shipping, oil, mining and financial services sectors, and Johan Henrik Nossum is a specialist in bankruptcy law. Norman Hansen Meyer joined the group in 2023.

Shipping and offshore restructuring matters are a core area of strength for Wiersholm‘s team, which is also highly regarded for its expertise in handling multi-jurisdictional restructuring work. The group is advising Nordic Trustee and multiple bondholders on the large-scale restructuring of DOF ASA and its subsidiary DOF Subsea. Department head Ståle Gjengset assists financial institutions and investment banks with financial restructurings, and Kristine Hasle has a solid track record in handling offshore and shipping-related restructurings. Financing expert Petter Thomren Moltu is also a key name to note.

At Arntzen de Besche, the restructuring and insolvency team continues to advise on the high-profile, longrunning debt restructuring process of oil service and offshore construction contractor Reinertsen; debt settlement expert Joar Grimsbu and Trond Kildal, who is well known for his expertise in restructuring and refinancing matters, are leading on this matter. Real estate, media and entertainment, transport, construction and banking and finance companies are prominent in the group’s client base. Grimsbu and Kildal jointly head up the practice with Stein Knut Tonning, who has an excellent reputation for his experience in insolvency work. Senior lawyer Simon Karim Jynge is also active in the space.

The restructuring and insolvency group at CMS Kluge has a strong track record in acting in bankruptcy litigation. In an recent matter, Hans Ingvald Stensholdt, who heads up the practice, is advising Granby Capital Management LLC in connection with the bankruptcy of Norske Skog ASA and its subsidiaries. Cross-border work is another key pillar of the practice. Senior associate Thea Killengreen advises on restructuring matters.

Advokatfirmaet Selmer AS‘ team is recognised for its strength in handling shipping, offshore and oil restructuring mandates, drawing upon the firm’s offshore and shipping practice to advise on instructions. Practice head Tor Herdlevær acts for lenders, borrowers and arrangers in shipping, oil and real estate financial restructurings, and senior associate Erica Blakstad is a key contact for debt restructuring work. Senior associate Marte Aarøe is also noted. Norman Hansen Meyer departed to Advokatfirmaet Schjødt in mid-2023.

Advokatfirmaet Ræder AS‘ restructuring and insolvency group has been kept busy assisting retail, construction, and real estate clients with a wide range of restructuring issues. The team is also highly regarded for its expertise in handling bankruptcy estates; Erling Opdal is a highly regarded practitioner in this area. Practice head Anne Christine Wettre garners praise for her ‘commitment and drive‘, and Anne Gro Enger regularly assists with the tax aspects of insolvency and restructuring matters. Senior associate Øyvind Bjørnstad is a key name for bankruptcy work.