Kvale Advokatfirma DA has ‘excellent technical and commercial skills’ across its insolvency and corporate recovery team and is a key partner to leading Nordic financial institutions on the entire spectrum of matters, singled out for its strength in bankruptcy and judicial restructuring proceedings.  Stine Snertingdalen heads up the department and regularly advises on insolvencies and insolvency-related banking and finance mandates. The group also includes Tom Hugo Ottesen, who is a key name for banks and companies seeking restructuring and financing advice; Anne Kjølseth Ekerholt, who stands out for distressed M&A matters; and Thomas Piro, who is an expert in major bankruptcies. Erik Torjusen, who takes point on insolvency matters, and restructuring expert Bjørn Løtveit are also recommended.
Legal 500 Editorial commentary

Testimonials

Collated independently by Legal 500 research team.

  • ‘Kvale is a professional, dedicated, highly knowledgeable company.’

  • ‘Stine Snertingdalen is highly professional, dedicated, knowledgeable and a pleasure to cooperate with. Erik Torjusen and Bjørn Løtveit are also worth mentioning.’

  • ‘Partner Stine D. Snertingdalen is a significant contributor in the field within and outside of Norway. As her client, you get excellent advice from the beginning to the end. She is efficient, committed, and utterly client-focused. And on top of that, she provides a great team and is very easy to get on with.’

  • ‘Excellent technical and commercial skills.’

  • ‘Solution driven and reliable. When things get complicated you feel you are in very good hands.’

Key clients

  • The bankruptcy estate of Flyr
  • The bankruptcy estate of AG Installasjon
  • The bankruptcy estate of A-K Maskiner and subsidiaries
  • Nuax forced liquidation estate
  • Sparebank 1 Helgeland
  • The bankruptcy estates of Norske Skogindustrier and other companies in the Norske Skog company group
  • Norion Bank (previously Collector Bank)
  • Danske Bank
  • DNB Bank
  • Eksfin / Eksportfinansiering Norge (formerly GIEK)

Work highlights

  • Advised the bankruptcy estate of Norske Skogindustrier in connection with its asset recovery lawsuit.
  • Handled the complex bankruptcy estates of a restaurant group funded by a fund of private investors, with Flott Fond 1 and Flott Gjort as parent companies, and with 24 subsidiaries.
  • Handled the bankruptcy estate of Flyr, an airline which operated 12 airplanes with 44 air routes both in Norway and overseas.

Lawyers

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Practice head

Stine Snertingdalen

Other key lawyers

Tom Hugo Ottesen; Anne Kjølseth Ekerholt; Thomas Piro; Erik Torjusen; Bjørn Løtveit