Praised by clients as the ‘first call legal team’ for cross-border matters, BAHR’s insolvency and corporate recovery practice stands out for its strength in corporate restructurings, with a strong client base of Norwegian bondholders. Richard Sjøqvist oversees the team and leads on international financing and restructuring matters, while Magnus Tønseth specialises in shipping, offshore and energy sector restructurings. The practice is supported by a strong team of associates including Steffen Rogstad, who is a key name for complex negotiations for in and out-of-court restructurings; Daniel Jovanovic, who takes point on multi-jurisdictional restructurings and enforcement work, and restructuring expert Kristine Hjertenæs.
Legal 500 Editorial commentary
- Profile
Accolades
Client satisfaction
Testimonials
Collated independently by Legal 500 research team.
‘BAHR is the first call legal team for bondholders, creditors and companies involved in complex cross-border situations. The BAHR team had a long history of navigating difficult transactions involving multiple jurisdictions.’
‘The individuals that I worked with were skilled and experienced in working with Norwegian and English legal issues and understood how to advise on the advantages, risks and costs of pursuing a range of legal strategies. Additionally, Magnus was excellent at advising the bondholder group, understanding their respective communication requirements and setting the conditions for reaching a consensus.’
‘Competence and collaboration.’
Key clients
- Nordea Bank Norge ASA
- DNB Bank
- Nordic Trustee ASA
- Credit Agricole Corporate
- Skandinaviska Enskilda Banken AB (publ)
- ING Bank NV
- Swedbank AB
- PGS ASA
- Danske Bank (Norwegian branch)
- Export Finance Norway (Eksfin)
Work highlights
- Acted as Norwegian legal adviser and global legal coordinator to leading seismic vessel operator PGS ASA on the successful financial restructuring and refinancing of financial commitments.
- Advising OSE-listed Aker Horizons ASA in connection with its investment in Mainstream Renewable Power.
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Practice head
Richard Sjøqvist
Other key lawyers
Magnus Tønseth; Steffen Rogstad; Daniel Jovanovic; Kristine Hjertenæs