The Legal 500

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TJUVHOLMEN ALL√Č 16, PO BOX 1524 VIKA, 0117 OSLO, NORWAY
Tel:
Work +47 21 00 00 50
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Fax +47 21 00 00 51
Email:
Web:
www.bahr.no

Norway

Banking and finance (including shipping finance)
Banking and finance (including shipping finance) - ranked: tier 1

BAHR

BAHR¬†stands out for its transactional strength, acting for a client base spanning a variety of lenders and borrowers; notable examples include ING Bank, Danske Bank and Hitecvision.¬†Richard Sj√łqvist¬†leads the department; his recent work includes assisting the London branch of Nordea Bank with the restructuring of Seadrill and its subsidiaries including amendments to syndicated credit facilities and security packages, and advising Sparebank 1 Boligkreditt on an update to its ‚ā¨25bn global medium-term covered note programme.¬†Rolf Johan Ringdal¬†is a key name for ship and offshore finance work,¬†Peter Hammerich¬†focuses on regulatory and compliance matters, and¬†Erik Langseth¬†handles real estate financing work.¬†Audun Nedrelid¬†and¬†Arne Tjaum¬†are also names to note; Nedrelid recently acted for DNB Bank on the provision of a NOK1bn senior secured multi-currency revolving credit and overdraft facility to Kredinor and handled Aker BP's $1.5bn acquisition financing for the purchase of Hess Norge. The group also has an active funds practice; it recently established a ‚ā¨3bn euro medium-term note programme for SpareBank 1 SR-Bank.

Leading individuals

Richard Sj√łqvist - BAHR

Rolf Johan Ringdal - BAHR

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Capital markets
Capital markets - ranked: tier 1

BAHR

Richard Sj√łqvist¬†heads the group at¬†BAHR¬†and focuses his practice on debt capital markets (DCM) including bond issuances, regulatory issues and restructuring work. Other key practitioners include¬†Svein Gerhard Simonn√¶s, who is a key name for equity capital markets (ECM) work;¬†Rolf Johan Ringdal, who focuses on the shipping, offshore, energy and transport sectors; and ECM specialist¬†Lars Knem Christie, who joined from¬†Advokatfirmaet Selmer AS¬†in 2018. Ringdal recently assisted Tanker Investments with a share-for-share merger transaction with Teekay Tankers, Christie advised Abry Partners on its takeover of listed company Link Mobility, and¬†Geir Gustavsson¬†handled Golden Energy Offshore's listing on the Merkur Market. Robin Bakken moved in-house in 2018.

Leading individuals

Lars Knem Christie - BAHR

Richard Sj√łqvist - BAHR

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Commercial, corporate and M&A
Commercial, corporate and M&A - ranked: tier 1

BAHR

With 'excellent commercial understanding combined with top-notch legal experience and knowledge'¬†BAHR¬†is 'well connected across the industry' and is a stand-out name for M&A transactions, particularly those in the private equity, oil and energy, real estate and infrastructure sectors.¬†√ėystein Guv√•g¬†leads the department and¬†Lars Kristian Sande¬†is the deputy head;¬†Svein Gerhard Simonn√¶s,¬†Bj√łrn Gabriel Reed,¬†Jon Christian Thaulow¬†and shipping and offshore specialist¬†Rolf Johan Ringdal¬†are also names to note. Recent highlights include advising Point Resources on its acquisition of ExxonMobil's operated upstream business from ExxonMobil Exploration and Production, assisting Oslo Municipality with the purchase of Hafslund by Oslo Energi Holding and the subsequent delisting of Hafslund and its division into four independent business areas, and acting on the sale of the Saltdalsbygg Group to Mestergruppen. Robin Bakken moved in-house at Seatankers Management.

Leading individuals

Bj√łrn Gabriel Reed - BAHR

Svein Gerhard Simonnæs - BAHR

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Construction
Construction - ranked: tier 1

BAHR

BAHR¬†has 'great creativity when dealing with cases and proposing possible solutions' and 'guides clients through¬†the different steps in a practical way'. Newly promoted partner¬†√ėystein Myre Bremset¬†heads the practice, which also includes 'expert litigator'¬†Sam Harris, design and engineering dispute specialist¬†Gunnar S√łrlie¬†and the 'very experienced and competent'¬†Jan Einar Barbo. The department handles the full spectrum of construction issues with recent highlights including acting for Rosenlund Kontorbygg in compensation and costs claims against a contractor, advising Statsbygg on the construction of the new National Museum in Oslo, and defending Sporveien in a final account claim against Hent. Aker BP, Storebrand Eiendom and Coop Norge Handel are also clients.

Leading individuals

Jan Einar Barbo - BAHR

Sam Harris - BAHR

Next generation lawyers

√ėystein Myre Bremset - BAHR

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Dispute resolution
Dispute resolution - ranked: tier 1

BAHR

With 'a great set of litigators who are a safe pair of hands throughout',¬†BAHR¬†has 'an outstanding combination of legal skills, litigation skills and personalities' giving clients 'an entirely positive impression' of the group.¬†Atle Skaldeb√ł-R√łd¬†heads the practice and is 'excellent in court and gives fast, good, honest and to-the-point advice'; other key names include ¬†Tarjei Thorkildsen, who, according to one source, is¬†'one of the best litigators clients have ever experienced',¬†Thomas Svensen, who is 'very hardworking and hands on', IP and construction specialist¬†Gunnar S√łrlie,¬†Sam Harris,¬†energy and tax litigator¬†Jan Jansen¬†and IP expert¬†Are Stenvik. Recent highlights include representing Solveig Gas Norway, Silex Gas Norway and Infragas Norge in the high-profile Gassled litigation, acting for Aukruststiftelsen in an IP dispute relating to the ownership of the rights to the fictional¬†Fl√•klypa universe, and representing Nordic Trustee in a damages claim.¬†√ėystein Bremset¬†made partner in 2018.

Leading individuals

Gunnar S√łrlie - BAHR

Thomas Svensen - BAHR

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EU and competition
EU and competition - ranked: tier 1

BAHR

BAHR' 'responsive, proactive and extremely capable' department has 'better knowledge than a lot of firms in the market' in the merger control space; it also handles competition damage claims, cartel investigations, state aid work and public procurements. In a recent highlight, the group assisted DNB Bank with several merger control matters including issues relating to DNB's subsidiaries in the Baltic states. Other work includes acting for Color Line in litigation arising from alleged breaches of EEA articles 53 and 54 regarding a harbour agreement with the port of Strömstad in Sweden, and advising Cargotec on the competition elements of the acquisition by its subsidiary of MacGregor of TTS Group. Helge Stemshaug heads up the group, which also fields Beret Sundet and senior associate Henrik Nordling, who 'are a great team and work very smoothly together', and senior economist Harald Selte.

Leading individuals

Beret Sundet - BAHR

Helge Stemshaug - BAHR

Next generation lawyers

Henrik Nordling - BAHR

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Electricity and renewable energy
Electricity and renewable energy - ranked: tier 1

BAHR

BAHR' expertise in the electricity and renewables space encompasses transactions, financing issues, litigation, competition work and regulatory mandates. Recent highlights include advising the City of Oslo on the public takeover of Hafslund and the subsequent restructuring and related sales; assisting Enbridge with its acquisition of the right to develop Havsul, an offshore wind power project; and acting for Clean Energy Group on the development of a hydro power project in Georgia. Jon Christian Thaulow leads the department, which also includes transactional electricity specialist Rune Svoren and regulatory expert Helge Olav Bugge.

Leading individuals

Rune Svoren - BAHR

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Employment
Employment - ranked: tier 1

BAHR

Clients give¬†BAHR¬†the 'utmost positive feedback' and single out¬†Geir Mikalsen¬†as 'a truly dedicated partner who goes above and beyond and shows a deep understanding of his clients and their work'. Other key names include practice head¬†Tarjei Thorkildsen, pensions expert¬†Peter Hammerich¬†and¬†B√łrre Sofus Arnet, who primarily advises private equity houses. Recent work includes Norwegian Air Shuttle, which the team represented in the Supreme Court in a dispute relating to the employment status of its cabin crew; Norsk Industri, which it acted for in a dispute regarding whether its internal age limit of 67 is classed as age discrimination; and Norconsult, for which it handled a legal challenge following amendments to its pension scheme.

Leading individuals

Tarjei Thorkildsen - BAHR

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Fishing and aquaculture
Fishing and aquaculture - ranked: tier 2

BAHR

BAHR stands out for its transactional strength with recent mandates including assisting Ocean Aquafarms with its applications for eight development applications and advising Aker Solutions on its creation of a joint venture with Norway Royal Salmon to enter the offshore salmon aquaculture sector. The group also represented AquaScan in an appeal before Frostating Court of Appeal in a patent infringement claim relating to a device for fish counting and handled the IPO and Oslo Stock Exchange listing of Aqua Chile for Pareto Securities and DNB Markets as the managers and underwriters. Stig Engelhart heads the group and focuses on corporate and regulatory work.

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Insolvency and corporate recovery
Insolvency and corporate recovery - ranked: tier 1

BAHR

'Strong firm'¬†BAHR¬†is a key choice for bondholders and investment banks for bond defaults, and also handles major insolvencies and cross-border transactions.¬†Richard Sj√łqvist¬†leads the group; he recently assisted Nordic Trustees and bondholders with the restructuring of OSA Goliath and advised the largest creditor and bondholders of Norske Skog on its restructuring. The 'highly competent'¬†Karstein Espelid¬†handles contentious work,¬†Rolf Johan Ringdal¬†focuses on debt restructuring and refinancing transactions,¬†Audun Nedrelid¬†specialises in financing work, and¬†Atle Skaldeb√ł-R√łd¬†is experienced in restructuring disputes.¬†Peter Bugge Hjorth¬†joined¬†Advokatfirmaet Schj√łdt AS¬†in 2018.

Leading individuals

Richard Sj√łqvist - BAHR

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Insurance
Insurance - ranked: tier 1

BAHR

BAHR¬†focuses on insurer clients with a roster including Zurich, Chubb and Tryg. The group's marine insurance strength was evident in its recent representation of Norwegian Hull Club in two linked loss of hire claims brought by Suez Fortune Investments relating to vessel damage; it also acted for Skuld in a collision damage claim following a collision in a port and advised DNB Livsforsikring on the establishment of DNB Scandinavian Property Fund, the first unleveraged property fund created by a life insurance company. Insurance litigator¬†Jan Jansen¬†leads the department, and¬†Atle Skaldeb√ł-R√łd¬†and Tarjei Thorkildsen¬†focus on marine insurance litigation.

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Intellectual property
Intellectual property - ranked: tier 1

BAHR

With 'unmatched expertise' in patent litigation,¬†BAHR¬†acts for a client roster including Equinor (formerly Statoil), which it defended in a patent dispute against Neodrill relating to oil and gas well technology; Novartis, which it represented in a combined patent validity and infringement dispute relating to blood pressure medication; and Reitan Group, which it advised on the structuring and drafting of its master licence and licensing arrangements. Aker Solutions, Bayer and Biogen are also clients. The highly regarded¬†Are Stenvik¬†heads the practice and is a leading patent law,¬†Lars Norheim¬†is a key name for licensing, franchising and retail work,¬†Gunnar S√łrlie¬†handles heavyweight patent disputes and¬†Beret Sundet¬†focuses on trade mark work in the life sciences and TMT sectors.

Leading individuals

Are Stenvik - BAHR

Gunnar S√łrlie - BAHR

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Maritime law
Maritime law - ranked: tier 1

BAHR

BAHR¬†has 'a commercial mindset and at the same time maintains an excellent and thorough legal standard in its work'. With a substantial cross-border aspect to the practice, the group handles corporate work, financing issues and maritime insurance mandates. Group head¬†Geir Gustavsson¬†'consistently delivers to a high standard' and focuses on shipbuilding projects and project finance work; other key names include marine insurance expert¬†Tarjei Thorkildsen, litigator¬†Atle Skaldeb√ł-R√łd, who 'easily masters the detail',¬†and transactional specialist¬†Rolf Johan Ringdal. Thorkildsen recently represented Norwegian Hull Club in two loss of hire claims and Skaldeb√ł-R√łd acted for Skuld in a collision damage claim. Robin Bakken moved in-house.

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Offshore construction and shipbuilding
Offshore construction and shipbuilding - ranked: tier 1

BAHR

BAHR has 'a practical and knowledgeable approach to the sector and is able to tie in the legal and commercial issues into discussions that are unique and a testament to its in-depth knowledge of the shipping industry'. The Aker Group is a key client for the team; it recently assisted Aker BP with two separate alliance agreements for jackup rigs and semi-submersibles. The group also advised Golden Energy Offshore on acquiring the right to two new-build platform supply vessels and acted for Premier Maritime Fund II on its equity investment in a new-build project involving Hafnia Tankers. Geir Gustavsson leads the department, which also includes Haakon Flaatten and Jan Einar Barbo, who handle transactions and disputes respectively.

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Oil and gas
Oil and gas - ranked: tier 1

BAHR

BAHR' team 'puts considerable effort into delivering high-quality advice on time' and has 'detailed knowledge of the industry and its clients'. The group handles the full spectrum of issues including development projects, upstream oil and gas work, petroleum tax issues and litigation; it recently represented Solveig Gas Norway, Silex Gas Norway and Infragas Norge in the high-profile Gassled litigation, advised Point Resources and Eni on the merger of their Norwegian activities and the creation of Vår Energi, and assisted Rosneft with its establishment in the Norwegian market through its subsidiary, RN Nordic Oil. Practice head Thomas Svensen is 'a highly skilled and experienced professional with a commercial mindset'; Jan Jansen, Haakon Flaatten, Jon Christian Thaulow, Stig Klausen Engelhart and senior associate Sandra Simonsen are also key names to note.

Leading individuals

Jan Jansen - BAHR

Thomas Svensen - BAHR

Next generation lawyers

Sandra Simonsen - BAHR

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Real estate
Real estate - ranked: tier 2

BAHR

Anne Sofie Bj√łrkholt¬†leads the group at¬†BAHR, which is noted for its transactional and development strength. Bj√łrkholt's recent work includes working with¬†Erik Langseth¬†advising Asset Buyout Partners on its acquisition of a supply base at Mongstad industrial site from EQT, and assisting Norconsult with the sale and leaseback of its headquarters in Sandvika; Langseth also acted for Salto Eiendom on its merger with Scala Retail Property.¬†Lars Kristian Sande¬†regularly handles real estate portfolio issues and √ėystein Myre Bremset¬†made partner in 2018. Former group head Stig Bech is now at Solon Eiendom.

Leading individuals

Anne Sofie Bj√łrkholt - BAHR

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TMT
TMT - ranked: tier 3

BAHR

BAHR is recognised for its expertise in advertising and marketing law, TMT transactions, licensing and franchising issues, and TMT disputes. It's recent work includes advising Reitan Group on its master license and licensing arrangements, handling Sport1 Gruppen and Anton Sport's app- and internet-based customer loyalty schemes, and assisting Triton Partner with its sale of Infratek to Vinci Energies Group. Key practitioners include Are Stenvik, Lars Kristian Sande and Lars Norheim.

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Tax
Tax - ranked: tier 1

BAHR

BAHR' team of 'absolutely top-of-the-line lawyers' provides 'down-to-earth and honest advice that is clear, solid and based on realistic assumptions'. Clients single out practice head¬†Joachim Bjerke¬†and¬†Frode Talmo¬†as 'top tax practitioners who combine excellent business understanding and technical skills'; other key names include petroleum tax expert¬†Jan Jansen, private equity-focused¬†Peter Hammerich¬†and real estate specialist¬†Anne Sofie Bj√łrkholt. The group's client roster includes ExxonMobil Production Norway, which it acted for in a transfer pricing dispute; Shell, which it represented in a dispute relating to the application of the special duty rules on the importation of a synthetic diesel fuel; and the Norwegian Tax Appeals Board, which it defended in proceedings relating to the right to deduct input VAT on transaction costs.

Leading individuals

Joachim Bjerke - BAHR

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