Advokatfirmaet Simonsen Vogt Wiig is a leading name in the market for insolvency and is regularly appointed as the administrator of bankruptcy estates. The firm is particularly active in the shipping, real estate, aviation, and renewable industries. Bjørn Åge Hamre is frequently appointed as administrator for shipping companies, shipyards, and offshore companies. Frank C. Aase is a key contact for companies and creditors with restructuring and capital injections, while Nils Håkon Risberg has long-standing experience as a trustee in bankruptcy for the District Court. Asbjørn Breistein is another name of note for restructuring and insolvency. while Silje Stokland assists companies and banks in insolvency and restructuring.
Legal 500 Editorial commentary
Accolades
Client satisfaction: Lawyer & team quality
Testimonials
Collated independently by Legal 500 research team.
- ‘Bjørn Åge Hamre is a super-efficient person in relation to his profession. That is, he works quickly, purposefully and reports back to the customer in relation to progress plans and checkpoints that have been set. He is also very innovative and forward-looking in his work, which is reflected in his consistently positive results.’
- ‘Excellent expertise and commerciality.’
- ‘Bjørn Åge Hamre is our main contact in legal matters, and he advises us on cases which are in his competency area, and for those cases for which he does not have the right competencies, he advises on who is the right man for the job, within his law firm or other places. This is a good quality which makes us comfortable, that we get great advice.’
- ‘Excellent legal experts who have the ability to quickly see the client's need, and advise accordingly. Except for their expertise in legal matters, they are "to the point" and have a great understanding of the business as well, which makes them great advisors for us as their client.’
- ‘Frank C. Aase stands out as an energetic and highly skilled lawyer with extensive experience in insolvency and restructuring. His strong commercial insight, combined with his practical approach, enables him to deliver effective solutions tailored to clients’ needs.’
- ‘Partner Asbjørn Breistein stands out as highly skilled, competent, and exceptionally dedicated.'
Key clients
- The bankruptcy estate of Norske Skogindustrier ASA Nordea Bank Abp, filial i Norge Brage Finans AS The bankruptcy estate of Kleven Verft AS Berent Friele, under bankruptcy The bankruptcy estate of Ecoteq Energy ASA The Norwegian Advisory Council on Bankruptcy Byggmester Markhus AS Bank of America Leasing Limited, Standard Chartered Bank, SDH Leasing Limited Orix Aviation Air Lease Corporation Teknobad AS The bankruptcy estate of Bankruptcy in Gaustad & Kvaal AS and 7 subsidiary and affiliated companies The bankruptcy estate of Agder Gruppen AS with subsidiaries The bankruptcy estate of Circa Group AS The Norwegian Bar Association’s law committee for liens, bankruptcy, enforcement, voluntary arrangement and debt collection The bankruptcy estate of EMS Fehn AS Swedbank AB NUF The bankruptcy estate of N2 Applied AS Pareto Bank ASA
Work highlights
Appointed as bankruptcy trustee for Agder Gruppen AS, Agder Rental AS and Agder Anleggsenter AS with more than NOK 2.2 billion in debt.
Advising to Norske Skogindustrier in an appointment as expert witness on Norwegian insolvency law in a major lawsuit under Chapter 15 of the US Bankruptcy Code.
Advising Brage Finans in a high-profile case involving a total of 12 banks and leasing companies, which together have approximately NOK 1.5 billion outstanding.
Lawyers
Leading partners
The strongest partners in their field, leading on market-leading deals and endorsed by peers and clients alike.
Practice head
Bjørn Åge Hamre; Frank C. Aase; Nils Håkon Risberg; Asbjørn Breistein
Other key lawyers
Silje Stokland; Chistian Bohne