Insolvency and corporate recovery in Norway

BAHR

Richard Sjøqvist heads up BAHR‘s ‘exceptional‘ restructuring team; according to clients ‘it has the legal and commercial acumen to navigate even the most complex insolvency and restructuring dynamics across numerous sectors and jurisdictions‘. The practice has an excellent reputation for assisting bondholders with cross-border restructurings, and is well regarded for its expertise in acting for banks on lender-side matters. Magnus Tønseth has expertise in large-scale international restructuring matters and regularly advises offshore clients. Finance specialist Audun Nedrelid acts for banks, borrowers and lenders on complex debt restructurings.

Practice head(s):

Richard Sjøqvist

Other key lawyers:

Magnus Tønseth; Audun Nedrelid

Testimonials

‘The BAHR team is truly exceptional. Their partners are extremely impressive, and their associates incredibly capable. Partners are highly knowledgeable, extremely hands-on and experienced in both local and cross-border restructuring processes. The full team, from the most senior to the most junior, make an unparalleled effort to drive deal processes forwards.’

‘I have had significant experience working with Richard Sjøqvist and Magnus Tønseth, each of whom have impressed me deeply with their client commitment, their legal expertise and their commercial acumen. Together and separately, they are a force to be reckoned with. They are deeply committed to their clients’ needs, extremely “hands-on” and involved in all aspects of transaction structuring and negotiation, and they each have a true understanding of the cultural and commercial sensitivities which need to be navigated to achieve value-optimising transactions for their clients.’

Key clients

Aker Group

Nordea Bank Norge ASA

DNB Bank ASA

Nordic Trustee ASA

Pareto Securities

Norwegian Air shuttle ASA

Norvestor VI L.P.

ABN Amro

ING Bank NV

Swedbank AB

Work highlights

  • Assisting Norwegian Air Shuttle ASA with multiple restructuring matters, including a debt for equity swap where $1.3bn of debt was converted to equity.
  • Representing Nordea Bank Norge ASA as agent for a syndicate of lenders in connection with the ongoing refinancing of Prosafe SE and its subsidiaries.
  • Acting as joint lead restructuring counsel for a coordination committee of creditors, representing lenders under 12 credit facilities, holding approximately $5.7bn of secured debt relating to the restructuring of an offshore company.

Kvale Advokatfirma DA

The ‘strong and experienced‘ team at Kvale Advokatfirma DA has an excellent reputation for handling a broad range of insolvency work, including refinancings, reorganisations and bankruptcy cases. The practice advises a solid client roster of financial institutions on complex debt restructurings; Stine Snertingdalen, who is ‘highly skilled and service-minded‘, is a key figure in the team for insolvency-related banking and finance work. The ‘practicalTom Hugo Ottesen is well known for acting for companies and banks in restructuring and refinancing matters, while practice head Thomas Piro counts cross-border bankruptcy work as a key area of instruction. Jon Skjørshammer and Robert Jensen are also key members in the team.

Practice head(s):

Thomas Piro

Other key lawyers:

Stine Snertingdalen; Tom Hugo Ottesen; Jon Skjørshammer; Robert Jensen

Testimonials

‘Kvale’s team is very service oriented. They have a high level of expertise. The team members work well together, and their strength is their solution- oriented focus.’

‘Stine Snertingdalen is highly skilled, service-minded and she has strong analytical skills.’

‘Tom Hugo Ottesen is an experienced and practical lawyer. He always manages to find practical solutions in complex matters.’

‘Robert Jensen always takes a thoughtful and strategic approach and doesn’t set a foot wrong in his legal reasoning.’

Jon Skjørshammer’s massive experience and street smarts are a big advantage when dealing with challenging adversaries and debtors.’

Key clients

The bankruptcy estates of Norske Skogindustrier ASA and other companies in the Norske Skog company group

The bankruptcy estates of the Vita company group

Collector Bank

Bank 2

Danske Bank

DNB Bank

GIEK (The Norwegian Export Credit Guarantee Agency)

The bankruptcy estate of REC Wafer Norway AS

Sparebank 1 SR-Bank

The bankruptcy estate of Tribe Invest AS

The bankruptcy estate of IMSK SE

The bankruptcy estate of Top-Toy Norge AS

POP Norge AS

Dilla Holding AS

Contexo AS

X Maskinutleie AS

Blåfjell AS

Axxis Geo Solutions AS

The bankruptcy estate of Aker Brygge Trading AS

The bankruptcy estate of Bacchus Spiseri AS

The bankruptcy estate of ØPD AS

The bankruptcy estate of Norhard AS

The bankruptcy estates of NP Group

Work highlights

  • Acting on the bankruptcy estates of five companies in the Norske Skog group – Norske Skogindustrier; Norske Skog Holding; Norske Skog Eiendom; Norske Treindustrier; and Lysaker Invest.
  • Handling the bankruptcy estate of IMSK SE, a Norway-based gas carrier shipping company.
  • Handling the bankruptcy estates of five companies in the former VITA company group, a Norway-based cosmetics chain.

Ro Sommernes Advokatfirma DA

Ro Sommernes Advokatfirma DA is praised by clients as ‘probably the best boutique firm within insolvency, bankruptcy and restructuring in Norway‘. The group, which is particularly active in high-profile, multi-jurisdictional bankruptcy cases, is led by Håvard Wiker, who is well regarded for his expertise in restructurings, bankruptcy work and debt negotiations, and includes Knut Ro, who has established expertise in insolvency law, and the ‘straightforward and easy to work withNils Holger Koefoed. Ole Johan Stensli, who handles financing transactions, and Erik Sandtrø are also noted.

Practice head(s):

Håvard Wiker

Other key lawyers:

Nils Holger Koefoed; Knut Ro; Ole Johan Stensli; Erik Sandtrø

Testimonials

‘It is probably the best boutique firm within insolvency, bankruptcy and restructuring in Norway. They are very pleasant to collaborate with and combine legal knowledge with an impressive solution-oriented approach.’

‘Håvard Wiker is calm, but possesses a natural authority. He is extremely knowledgeable and his solution oriented approach is impressive.’

Nils Holger Koefoed gets things done and always has an alternative plan or solution when you need one.’

‘They focus on solving the issues at hand and are easy to work with. They are creative in finding good solutions and are available whenever I need them.’

‘Nils Holger Koefoed in my view is second to none in Norway within this legal area. He is straightforward and easy to work with, while also being able to solve complicated and difficult issues. He is also very good at managing and leading his team.’

‘They are very professional in their approach when dealing with both bankruptcies and restructurings and are open for commercial solutions.’

‘The team has a practical and solution-oriented approach.’

‘Nils Holger Koefoed is solution-oriented, commercial and a polite person who is easy to work with.’

Key clients

Norwegian Air Shuttle ASA

Norwegian Pilot Services Norway AS/ Norwegian Cabin Services Norway AS

Norwegian Air Resources Shared Service Center AS

Gresvig Retail Group AS

Polarn O. Pyret Norge AS

Rapp Bomek AS

K A Aurstad AS

Jacobsen Elektro AS

Havyard Ship Technology AS

Viking Heat Engines

Advokatfirmaet Simonsen Vogt Wiig

Advokatfirmaet Simonsen Vogt Wiig‘s restructuring and insolvency team garners praise for its ‘very considerable experience and technical expertise‘, with an established track record in acting as administrator counsel in large bankruptcy cases. Shipping and offshore restructuring mandates are another core pillar of strength for the practice. The group operates from the firm’s Bergen, Trondheim and Oslo offices; Bjørn Åge Hamre, Nils Håkon Risberg and the ‘very experiencedPeter Aall Simonsen are the respective key contacts.

Practice head(s):

Peter Aall Simonsen; Bjørn Åge Hamre; Nils Håkon Risberg

Testimonials

‘Peter Aall Simonsen is very experienced. Responds immediately.’

‘Precise, strategic and tactical legal knowledge and experience in this field.’

‘Simonsen Vogt Wiig has a longstanding ship finance practice and is a market leader when it comes to acting for lenders to the shipping and offshore sectors. The firm is equally comfortable with large corporate style restructurings as it is with smaller “workouts” or restructurings.’

Key clients

ABN AMRO Bank

The bankruptcy estate of Bergen Bunkers AS (a subsidiary of O.W. Bunkers)

Bergen tingrett

DVB Bank SE

GIEK (The Norwegian Export Credit Guarantee Agency)

ING Bank N.V.

The bankruptcy estate of Kleven Verft AS

Nordea Bank Abp

The bankruptcy estate of Norske Skogindustrier ASA

The bankruptcy estate of Nordic Personell AS (IMO Offshore AS)

The bankruptcy estates of Sesam Parkering, Separk Tech AS and Separk Holding AS

Work highlights

  • Acting as Norwegian counsel to the bankruptcy estate of Norske Skogindustrier ASA, with claims exceeding NOK10bn, concerning ongoing, cross-border proceedings under Chapter 15 of the US Bankruptcy Code.
  • Providing ongoing assistance to three syndicates (comprised of 12 international banks) regarding the high-profile second reorganisation of Seadrill Limited.
  • Assisting ING Bank N.V., DVB Bank SE and Sparebanken Møre with the ongoing second restructuring of Island Offshore.

Advokatfirmaet Thommessen AS

Advokatfirmaet Thommessen AS‘ restructuring and insolvency practice is home to a ‘top-class, highly knowledgeable, creative, solution-minded and diligent‘ team, which provides ‘first-class service and advice‘. The department has been kept busy acting as lead counsel to banks and syndicates of lenders in connection with multiple financial restructurings within the Norwegian oil sector. Kristoffer Hegdahl, who heads up the team, is ‘hands-on, commercial, and solution-oriented‘, and has expertise in assisting lenders, borrowers and stakeholders with workouts, financially distressed scenarios and financial restructurings. The ‘very knowledgeableEllen Teresa Heyerdahl focuses on advising lenders,  borrowers and managers on bank and bond financings. Specialist counsel Øyvind Dehli and managing associate Faraz Ahmed Ali are also key names to note.

Practice head(s):

Kristoffer Hegdahl

Other key lawyers:

Ellen Teresa Heyerdahl; Øyvind Dehli; Faraz Ahmed Ali

Testimonials

‘The Thommessen team is a solid team when it comes to knowledge, experience, service-minded approach and initiative. In our experience, they add a lot of value in complex structures with their practical approach when solving complex issues. The team works well together.’

‘Kristoffer Hegdahl is hands-on, commercial, solution-oriented and has impressed us with his ability to handle complex cases with various stakeholders.’

Ellen Teresa Heyerdahl is solution-oriented, very knowledgeable and nice to work with.’

Øyvind Dehli is experienced and a good discussion partner. He is also very knowledgeable.’

Faraz Ahmed Ali is hard-working, solution-oriented and nice to work with.’

‘The team led by Kristoffer Hegdahl is always available and respond quickly.’

‘Kristoffer Hegdahl and Faraz Ahmed Ali are a great duo with high industry and legal knowledge and experience. They deliver industry-leading services, trustworthy advice, and are always available. They have great interpersonal skills which is important in challenging situations.’

Key clients

Nordic Trustee

DNB Bank ASA

Nordea Bank

Danske Bank

Swedbank

GIEK (The Norwegian Export Credit Guarantee Agency)

DVB Bank SE

ABN Amro

NIBC

The Export-Import Bank of China (CEXIM)

Seadrill

Eksportkreditt (Export Credit Norway)

Eksportfinans ASA

Handelsbanken

DBS

Danish Ship Finance

SpareBank 1 SR-Bank

Sparebank 1 Søre Sunnmøre

Sparebanken Møre

Skandinaviska Enskilda Banken (SEB)

MPC Containerships ASA

DOF ASA

Unicare

Work highlights

  • Acting for prominent offshore driller company Seadrill on its ongoing financial restructuring.

Wikborg Rein

Restructuring expert Kaare Christian Tapper heads up Wikborg Rein‘s ‘strong‘ team, which also includes stand-out practitioner Leif Petter Madsen. The practice is well versed in assisting bondholders and lenders with a range of insolvency and restructuring matters, and has an established track record in handling mandates from the offshore and shipping sectors. At senior lawyer level, the ‘service-mindedJohan Astrup Heber advises on bankruptcies and corporate and financial restructurings, and Mira Bergsland has expertise in assisting public and private companies, banks and administrators with insolvency issues.

Practice head(s):

Kaare Christian Tapper

Other key lawyers:

Leif Petter Madsen; Johan Astrup Heber; Mira Bergsland

Testimonials

‘The team is very service minded and have impressed us with their ability to combine industry knowledge with excellent legal advice. Their ability to give advice on strategic and commercial questions is highly valued. The team is professional, nice to work with and always willing to assist.’

Kaare Christian Tapper is very competent and has an excellent overview of details in large restructuring cases.’

Mira Bergsland has excellent legal skills, is nice to work with and is always focused on finding the best solution.’

‘Leif Petter Madsen and Mira Bergsland are both thorough, highly qualified and provide practical and sound advice.’

Key clients

Solstad Offshore ASA

Nordic Trustee AS

DNB Bank ASA

GIEK

Floatel International Ltd

Atlantica Tender Drilling Ltd

G Travel Norge AS

Danske Bank AS

Swedbank

Sparebank 1 SR Bank

ABN Amro Bank

Optin Bank ASA

Work highlights

  • Acting for all the secured lenders (and affiliated guarantee institutions) of DOF ASA (and its various subsidiaries) in ongoing financial restructuring negotiations.
  • Appointed as trustee of G Travel Norge AS.

Advokatfirmaet Haavind AS

The ‘very knowledgeable, solution-oriented and efficient‘ team at Advokatfirmaet Haavind AS has ‘great commercial understanding‘, and is particularly sought out for its established expertise in advising creditor and debtor clients from the private and public sectors on high-value bankruptcy and restructuring cases. Department head Ellen Schult Ulriksen ‘stands out in the market‘ as ‘pragmatic‘ and ‘one of the most solution-oriented lawyers in this field‘; she is well known for acting as a court-appointed trustee in complex bankruptcies. Senior lawyer Karianne Evje Skiaker is ‘efficient and professional‘, and acts as trustee in bankruptcy cases, as well as advising real estate clients on debt negotiations. Senior associate Christoffer Baisgård is another key contact.

Practice head(s):

Ellen Schult Ulriksen

Other key lawyers:

Karianne Evje Skiaker; Christoffer Baisgård

Testimonials

‘Experienced team, especially within bankruptcy law.’

‘Ellen Schult Ulriksen is effective and has a commercial edge which we appreciate.’

‘Haavind’s restructuring and insolvency team has a strong international presence and the lawyers have assisted several international creditors and banks with debt negotiations, as well as in restructurings and bankruptcy proceedings.’

The team shows great commercial understanding and cares for all involved parties in difficult reconstruction and/or bankruptcy proceedings.’

‘Ellen Schult Ulriksen is a highly competent adviser in reconstruction and insolvency matters. She has great experience with both reconstruction and bankruptcies, in Norway as well as cross-border. She is a likeable person and highly respected as a heavyweight within the academic community of reconstruction and insolvency.’

‘Ellen Ulriksen is a lawyer with an ability to quickly understand and analyse the issues at hand and will give practical, no-nonsense advice.’ 

‘The team is very efficient and professional. They are proactive and resourceful.’

‘Ellen Schult Ulriksen: outstanding competence combined with a friendly personality, always positive and calm. Impressive responsiveness. Excellent network in the restructuring/insolvency area in Norway. Finds the perfect angle for any approach.’

Key clients

Agrinos AS

Kleven Prosjekt 401 AS

Vatvedt Technology AS

Northern Lights Sensors AS

The Magic 5 AS / “The Juicery”

Live Strong AS

Bemanning og Infrastruktur AS

The bankruptcy estate of Moods Wholesale AS

Vøyenenga Drift AS / El Camino AS

UAV AS / Nordicworld Rights AS

HG Prosjekt AS

The bankruptcy estate of Taran Express Money Transfer AS

Work highlights

  • Acting as trustee of global agricultural company Agrinos AS, involving the successful sale of all assets to a wholly owned subsidiary of agrochemical company American Vanguard Corporation.
  • Acted as administrator for the successful debt settlement negotiations of Kleven Prosjekt 401 AS, which involved NOK310m of debt.
  • Appointed as administrator for the restructuring of Vatvedt Technology AS.

Advokatfirmaet Schjødt

Egil Horstad heads up Advokatfirmaet Schjødt‘s practice, which is well known for its expertise in high-profile restructuring mandates. The ‘very experienced and well-composed‘ team continues to assist Prosafe SE with the ongoing restructuring of the Prosafe Group; the ‘brilliantPeter Bugge Hjorth, who is based in Oslo, and Stavanger-based managing partner Erling Ueland lead the advice on this matter. Other key names in Oslo include Johan Henrik Nossum, who regularly acts for debtors in large restructurings, and Siv Sandvik, who is very experienced in cross-border matters and advises mining, shipping, oil and financial services clients.

Practice head(s):

Egil Horstad

Other key lawyers:

Erling Ueland; Peter Bugge Hjorth; Johan Henrik Nossum; Siv Sandvik

Testimonials

‘The team is knowledgeable, easy to work with and innovative in their thinking.’

‘Peter Hjorth is brilliant. A real leader in the field.’

‘Johan Henrik Nossum stands out with his creativity and problem solving abilities.’

‘A combination of solid legal minds, positive personalities, proactive style and knowledge of the industry and business, which also allows them to be good business advisers.’

Key clients

Prosafe SE

Nordic Trustee AS

The bankruptcy estate of Bergen Bunkers AS

The bankruptcy estate of Conseptor AS and its (Norwegian) subsidiaries / DNB Bank ASA

Axxis Geo Solutions ASA

DSV Air & Sea AS

Nordic White Diesel ASA

Mobylife AS

Flux Group AS

The bankruptcy estate of Norske Skogindustrier ASA

The bankruptcy estate of Themoon AS

Wiersholm

Wiersholm fields a ‘first-class team‘, which garners praise for its ‘high technical ability, coupled with a strong commercial awareness‘. Led by stand-out practitioner Ståle Gjengset, the group continues to handle a high volume of prominent financial restructuring mandates in the offshore and shipping industries, and has a solid track record in acting in cross-border restructurings. The client roster includes financial institutions, debtors, creditors, bondholders and distressed companies. Kaare P Sverdrup assists Norwegian and international banks and financial institutions with refinancing matters, Kristine Hasle is a key contact for shipping and offshore restructuring work, and Atle Gabrielsen specialises in debt financings. Senior associate Kristian Wangsfjord is also noted.

Practice head(s):

Ståle Gjengset

Other key lawyers:

Kaare P Sverdrup; Kristine Hasle; Atle Gabrielsen; Kristian Wangsfjord

Testimonials

‘Excellent combination of commercial connections, legal excellence, industry knowledge and great people.’

‘Ståle Gjengset is superb. Great to deal with on complex and time-pressured matters. He is the go-to insolvency lawyer in his market.’

Key clients

The Ministry of Trade, Industry and Fisheries/The Kingdom of Norway

Polarcus Limited

Siem Offshore Inc.

DNB Bank ASA

Sparebank 1 SR-Bank ASA

Altor Equity Partners

Olympic Subsea ASA

Nordic Trustee ASA

Viking Supply Ships A/S

Archer Limited

Arntzen de Besche

Arntzen de Besche‘s practice stands out for its ‘lengthy experience in working with insolvency and corporate recovery‘. Joar Grimsbu and Trond Kildal jointly lead the team, which has a solid track record in assisting clients in the construction, transport, real estate, media and entertainment, and banking and finance sectors with asset recovery litigation, bankruptcy proceedings and debt settlement work, to name a few areas of expertise. Other key practitioners include Siril Visnes, who handles restructuring matters for creditors, and Stein Knut Tonning, who regularly advises on the administration of complex bankruptcy estates.

Practice head(s):

Joar Grimsbu; Trond Kildal

Other key lawyers:

Stein Knut Tonning; Siril Visnes

Testimonials

‘Professional breadth and large capacity.’

Key clients

The bankruptcy estate of Reinertsen AS

Swedbank

Sparebank1 SMN

The bankruptcy estate of Wie Montasje AS

The bankruptcy estate of Albert E Olsen AS

Hugaas Entreprenør AS

Bygg Design AS

EY

Norfund

Citibank

Scandinavian Airlines System

Work highlights

  • Acted as Norwegian counsel to SAS AB, an airline holding company, regarding a recapitalisation plan valued at SEK14.2bn.
  • Assisting with the administration of the bankrupt estate of Norwegian trade company Albert E Olsen AS, with claims exceeding NOK185m.
  • Assisting with the ongoing, high-profile $200m debt restructuring process of oil service and offshore construction contractor Reinertsen AS.

CMS Kluge

At CMS Kluge, the restructuring and insolvency team is advising Norwegian government agency Statsbygg in connection with the financial distress and insolvency proceedings of Rapp Bomek, following the latter’s declaration of bankruptcy; department head Hans Ingvald Stensholdt leads on this matter. Dag Thomas Hansson acts for Norwegian and international banks, as well as borrower clients, on a range of insolvency and restructuring matters.

Practice head(s):

Hans Ingvald Stensholdt

Other key lawyers:

Dag Thomas Hansson

Testimonials

‘Excellent knowledge of local law and case law.’

‘Hans Ingvald Stensholdt is an excellent lawyer, constantly striving to help customers understand the essence of the problem and find the most appropriate solution.’

Key clients

Nordic Trustee

Bane NOR

Bennett Management Corp

Statsbygg

Herøya Industripark AS

Energima AS

GMC Maritime AS

Vestland Fylkeskommune

Bolig Partner AS

Advokatfirma DLA Piper Norway DA

Advokatfirma DLA Piper Norway DA‘s ‘highly skilled and very pleasant to work with’ team is recognised for its strength in handling large-scale restructuring mandates, and draws upon the firm’s global network to assist with multi-jurisdictional proceedings. Practice head Frode Finnøy is well known for his established track record in acting as a court-appointed administrator. Egil Hatling acts on domestic and cross-border restructuring work, and fields expertise in debt negotiations, schemes of arrangement and bankruptcy proceedings. Johan Ratvik is a key name for litigation.

Practice head(s):

Frode Finnøy

Other key lawyers:

Johan Ratvik; Egil Hatling

Testimonials

‘Agile, responsive and able to co-operate internally, securing the right person for each task.’

‘Good business acumen and ability to grasp the big picture, as well as keeping track of details.’

Key clients

Telenor

Lufthansa

Terminal One Group

Menzies Aviation

H&M

Sichuan Road & Bridge (Group) Corporation

Deep Ocean ASA

Betonmast Hæhre

Marti

IK Gruppen

Maribel

Western Union

Subsea 7

Danske Bank

Danish Air

Zurich Insurance

Aegis/C.J. Coleman, Lloyd’s Syndicate

Centennial

Polygon

Cyrus Capital

Oslo County Court

Gasmann Holding

Zentio

OC Industrier

The Norwegian Cosmetics Association

Morris

Altitude Asker

BNS Holding/BNS Container

Citycon

Harald A. Møller

Øvre Romerike Country Court

Sparebanken Øst

Brakar

Work highlights

  • Advising Terminal One Group LLP on a large-scale restructuring, comprising UK, Irish and Norwegian entities.
  • Administrating the ongoing bankruptcy proceedings of the Maribel Hotel Group.
  • Acted as counsel to the board of directors of three UK-based subsidiary companies of subsea services provider Deep Ocean in connection with a restructuring plan.

Advokatfirmaet Selmer AS

Tor Herdlevær heads up the restructuring and insolvency group at Advokatfirmaet Selmer AS, which works in tandem with the firm’s shipping and offshore practice to provide advice on oil, offshore and shipping financial restructurings. Per Morten Christiansen assists Norwegian and international lenders with loan restructuring issues, and Christopher Jensen handles financing work. Senior associate Erica Blakstad advises shipping and offshore clients on debt refinancing matters.

Practice head(s):

Tor Herdlevær

Other key lawyers:

Christopher Jensen; Per Morten Christiansen; Erica Blakstad

Key clients

Sparebank 1 SMN

Sparebanken Vest

GIEK

Eksportkreditt Norge

Sparebanken Møre

Sparebank1 Sogn og Fjordane

Sparebank1 Søre Sunnmøre

Nordic Trustee

Advokatfirmaet Grette AS

At Advokatfirmaet Grette AS, the ‘hardworking and experienced‘ team is noted for its ‘deep understanding of insolvency law‘. Led by Thomas J. Fjell, the group has a solid track record in acting for borrower and lender clients on large-scale restructuring mandates. Bankruptcy cases have also been prominent in the department’s workload. Firm managing partner Jacob S. Bjønness-Jacobsen handles insolvency litigation and advises on financial workouts.

Practice head(s):

Thomas J. Fjell

Other key lawyers:

Jacob S. Bjønness-Jacobsen

Testimonials

‘Ability to establish a high level understanding including all aspects, not only legal matters.’

Well organised – excellent process due to good preparations.’

High professional standards.’

Key clients

Rapp Bomek AS

Oceanteam ASA

Lehmkuhl Capital AS

Adolfsen Gruppen AS

Huugaas Entreprenør AS

Primex Norway AS

If Skadeforsikring NUF

Fosun Travel Group

Bohus AS

Ferda AS

Advokatfirmaet Ræder AS

Advokatfirmaet Ræder AS fields ‘a very strong team with specialists in both corporate restructuring and traditional liquidation proceedings‘. Practice head Anne Christine Wettre has longstanding expertise in bankruptcy proceedings, and Erling Opdal is well known for acting as a court-appointed administrator of bankruptcy estates. Anne Gro Enger advises on the tax aspects of restructuring and insolvency mandates, while senior associate Hanne Brun Haugen advises on bankruptcy and debt negotiations.

Practice head(s):

Anne Christine Wettre

Other key lawyers:

Erling Opdal; Anne Gro Enger; Hanne Brun Haugen

Testimonials

‘They have a professional and good relationship with clients. They work hard, manage to be objective and find good practical solutions to complex legal problems/questions.’

‘Advokatfirma Ræder AS delivers very good quality of service.’

‘Partner Erling Opdal is always available and a very skilled lawyer. Good at strategy and always solution-oriented.’

‘Team members are service-minded, knowledgeable and easy to communicate with.’

‘Anne Gro Enger offers high-quality advice and has valuable knowledge of the industry. Furthermore she is easy to get access to and good at building trust.’

‘They have a very skilled team with very great experience of bankruptcy.’

Key clients

Oslo City Court

Amesto Accounthouse

Euler Hermes Credit Insurance

Norges Blindeforbund

Ryde Technology AS

Norwegian Block Exchange AS

Oslo Chambers of Commerce

Brødrene Ringstad

Vexta AS

Oslo Drosjeeieres innkjøpslag

Bo Klokt AS / BKH AS

Basal AS

Malmlaft Eiendom AS / CH Skog AS

Tinfos AS

Interimleder AS

Teko Trading AS

Enter Gruppen AS

Work highlights

  • Assisting real estate group Enter Gruppen AS with its restructuring process.
  • Acting on the administration of seven bankruptcy estates under the Easy Lavpris retail brand.
  • Advising on the administration of the bankruptcy estate of Vlantana Norge AS.