Gernandt & Danielsson Advokatbyrå’s restructuring and insolvency practice continues to handle high-profile restructuring mandates on both the debt and equity side. Recent highlights for the group include advising Swedish video streaming service Viaplay in connection with its multijurisdictional restructuring and recapitalisation. Mikael Borg leads the dedicated DCM restructuring practice alongside Caroline Jägenstedt Wikman. Björn Svensson’s broad banking and finance practice covers corporate restructurings as well as contentious and non-contentious insolvency matters; he leads the debt/equity restructuring team with Sofie Viktorsson, whose experience includes Chapter 11 filings. High-yield bonds expert Mikael Bolling plays a key role in the team, and at senior associate level, Fredrik Haräng and Sebastian Sandén are key contacts.
Legal 500 Editorial commentary
- Profile
Testimonials
Collated independently by Legal 500 research team.
- ‘Björn Svensson is a very competent lawyer and a leader within his field.'
‘A leading legal firm in Sweden.'
Key clients
- Viaplay Group
- Nynas AB
- Nordstjernan / Bonava
- Svenska Nyttobostäder
- Intertrust (Sweden) AB
- YA Holding AB (publ)
- Cohanzick/Go North
- Nordic Trustee & Agency AB
Work highlights
Advised Viaplay on its recapitalisation including SEK4bn new equity raise and SEK14.6bn debt renegotiation package comprising a write-down of SEK2bn, of which SEK0.5bn is converted into equity, and amendments and extensions of existing bank and bond commitments.
Represented Nordstjernan, in its role as a main existing shareholder in Bonava, in Bonava’s ongoing out of court restructuring, including a rights issue and renegotiations of existing debt, including a new security package across multiple jurisdictions.
Advised YA Holding AB (publ) and one of its subsidiaries in relation to their liquidity shortage.
Lawyers
Practice head
Mikael Borg; Björn Svensson; Caroline Jägenstedt Wikman; Sofie Viktorsson
Other key lawyers
Mikael Bolling; Fredrik Haräng; Sebastian Sandén