Adv Åke J. Fors > Setterwalls > Stockholm, Sweden > Lawyer Profile

Setterwalls‘ deep banking and finance bench houses expert practitioners across the entire range of disciplines. Dominant financial institutions including all major Nordic banks instruct co-head Mikael Magnusson, Carl Lindencrona handles a range of debt financing transactions, and co-head Jesper Kuschel leads on high-value real estate transactions for lenders and borrowers. Showcasing his industry reputation, Åke Fors is retained by major government bodies including the Swedish Central Bank to advise on export credit and multilateral lending issues. The regulatory practice, which fields counsel Andreas Löfholm, was strengthened by the recruitment of specialist counsel Tobias Björklund from the Swedish FSA. Jonas Frii also contributes to the practice.

Setterwalls provides advice to clients on all aspects of restructurings as well as insolvency related matters with a focus on debt restructuring matters which involve loan restructurings, distressed debt trading issues and out-of-court refinancings. The team, headed up by finance and arbitration specialist Åke Fors, further advises on contingency planning work, distressed transactions and formal insolvency proceedings. Carl Lindencrona and Mikael Magnusson act for financial institutions, borrowers and investors on workouts and restructurings and are well versed in a variety of debt instruments.

Setterwalls has a strong presence in the Swedish insurance market, and with a strategic focus on contentious matters, the practice also provides advisory services, encompassing transactional and regulatory mandates. On the contentious side, the firm is well known for litigation and arbitration proceedings, and disputes concerning insurance coverage. The team is headed up by veteran insurance practitioner Åke Fors, who is recommended for transactional work and arbitrations, and has particular experience in the maritime sector. Johannes Ericson is recommended for disputes and is experienced in commercial litigation.

Under the leadership of finance and insurance specialist Åke Fors, Setterwalls’ maritime and transport group stands out for its commercial experience and knowledge of shipping insurance issues, acting for a range of P&I clubs in insurance claims. Other areas of expertise include regulatory matters, transport agreements and charter parties. Håkan Fohlin is a key contact for collision cases, Martin Sandgren handles charter parties and shipbuilding and sale contracts, and associate Samuel Pihl focuses on insurance work.