Insolvency and corporate recovery in Norway

BAHR

Active advisor on restructuring and insolvency, BAHR has positioned itself as a key advisor on bond defaults and associated negotiations. Practice head Richard Sjøqvist has long-standing experience and has acted on major restructurings within the market. Magnus Tønseth is recommended for his expertise in international restructuring cases. Daniel Jovanovic works closely with banks, investors, and issuers on restructuring and enforcement matters. Steffen Rogstad is a key supportive presence on restructuring at the firm, and Kristine Hjertenæs has recently represented agents and lenders in restructurings.

Responsables de la pratique:

Richard Sjøqvist


Autres avocats clés:

Magnus Tønseth; Daniel Jovanovic; Steffen Rogstad; Kristine Hjertenæs


Les références

‘BAHR’s insolvency and corporate recovery practice is technically strong and commercially minded. In complex situations, the team maps legal options to business realities, helping clients prioritise risks and maintain momentum among stakeholders.’

Principaux clients

Nordea Bank Norge ASA


DNB Bank


Nordic Trustee ASA


Credit Agricole Corporate


Skandinaviska Enskilda Banken AB


ING Bank NV


Swedbank AB


PGS ASA


Danske Bank


Export Finance Norway


Citibank N.A


ABN Amro Bank N.V


Global Loan Agency Services Limited


Golden Energy Offshore Management AS


Aker Horizons ASA


Aker Mainstream Renewables AS


Mainstream Renewable Power Ltd


Nordic Trustee & Agency AB


Hurtigruten Group AS


Transporte y Comercio Maritime Service Ltda and Transportes Patagonia Wellboat Ltda


Ad Hoc Group of Noteholders to WOM


Principaux dossiers


  • Advising Ellos Group AB,  on a ground-breaking transaction in the Swedish market to restructure and issue a new bond in a fully Swedish law governed setting.
  • 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.

Kvale Advokatfirma DA

Kvale Advokatfirma DA has a comprehensive insolvency and corporate recovery offering, allowing the team to advise on reconstruction, refinancing, reorganisations, advanced debt collection, and bankruptcies. The practice is notably active in bankruptcy proceedings and assisting banks in recovering values. Practice head Stine Snertingdalen works closely with financial institutions on insolvency matters in the banking and finance space. Thomas Piro is highly experienced in bankruptcy proceedings, whereas Erik Torjusen assists distressed companies with the composition of rescue plans and financial institutions with asset recoveries. Bjørn Løtveit handles financial and corporate restructurings. Tom Hugo Ottesen departed from the firm.

Responsables de la pratique:

Stine D. Snertingdalen


Autres avocats clés:

Thomas Piro; Erik Torjusen; Bjørn Løtveit


Les références

‘Kvale’s insolvency and corporate recovery team is recognised as one of the leading practices in Norway for handling restructurings, bankruptcies, and complex financial distress matters. The team distinguishes itself through its combination of technical excellence, commercial understanding, and ability to manage large and demanding processes across industries such as shipping, oil & gas and real estate.’

‘Erik Torjusen is widely recognised for his deep experience in bankruptcies, reconstructions, and out-of-court restructurings. Clients value his strategic thinking and ability to find practical solutions in highly pressured situations.’

‘Stine D. Snertingdalen is a leading name in the Norwegian market for restructuring and insolvency, appreciated for her strong analytical skills, commercial awareness, and her ability to manage complex processes with clarity.’

Principaux clients

The bankruptcy estate of Bolig Partner AS with subsidiaries


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


Danske Bank


DNB Bank


Eksfin / Eksportfinansiering Norge


Sparebank 1 SR-Bank


The bankruptcy estate of IMSK


Contexo reconstruction


Axxis Geo Solutions reconstruction


The bankruptcy estate of ØPD


The bankruptcy estate of Norhard and other group companies


The bankruptcy estate of NP Group


The bankruptcy estate of Miris


The bankruptcy estate of Jisco Alumina Norway


The bankruptcy estate of REC Wafer Norway


The bankruptcy estate of Polar Miljø


The bankruptcy estates of Flott Fond 1 and Flott Gjort, a group of 26 companies.


Byggmesterforsikring


Handelsbanken


Breeze


Principaux dossiers


  • Advising the bankruptcy estates of five companies in Norske Skog Group, the Norway-based pulp & paper group of companies, on complex, cross-border bankruptcy proceedings, with circa €2.2 billion at stake.
  • Advising the bankruptcy estate of Bolig Partner, one of Norway’s largest house suppliers, and its 16 subsidiaries.
  • Advising the bankruptcy estate of Miris, a Norway-based real property company on a complex, highly-publicised bankruptcy.

Ro Sommernes Advokatfirma AS

Regarded for ‘professionalism, collaboration, and a positive attitude,’ Ro Sommernes Advokatfirma AS‘s bankruptcy and restructuring department acts for debtors, creditors, and mortgagees in corporate recovery cases. Department head Håvard Wiker chiefly focuses on restructuring, debt negotiations, and bankruptcy, and Nils Holger Koefoed combines knowledge in business law with experience in bankruptcy and debt negotiations. Harald Sommernes handles restructuring, bankruptcy, and debt negotiations. Tuva Wolff Eikrem and Håkon Styrvold Carlberg are key supportive presences on a variety of matters.

Responsables de la pratique:

Håvard Wiker


Autres avocats clés:

Erik Sandtrø; Nils Holger Koefoed; Harald Sommernes; Tuva Wolff Eikrem; Håkon Styrvold Carlberg; Caroline Lomsdalen Bendixen


Les références

‘This is the only true specialist insolvency and recovery practice in Norway with a preeminent position both in the academic community for insolvency law and in the practical work with liquidations and restructurings. The practice has a wide selection of solid people on all levels.’

‘We have consistently experienced a high level of professionalism, strong legal expertise, and a proactive, solution-oriented approach. The team demonstrates a commitment to driving matters forward efficiently towards the best possible outcome.’

‘Håvard Wiker possesses exceptional legal expertise and a remarkable composure, reflecting his many years of experience with complex and challenging cases. He combines this depth of knowledge with a pragmatic and solution-oriented approach, always focused on achieving the best possible outcome. It is a genuine pleasure to work with someone of his calibre and professionalism.’

Principaux clients

Bjarøy Gruppen AS


Bjarøy Handel AS


Plantasjen Norge AS


WSF Gruppen AS


Brødrene AS


Foto.no AS


Foto.no Butikk AS


Folkeuniversitetet AS


Norsun AS


Principaux dossiers


  • Appointed reconstructor in Plantasjen Norge AS, a Nordic retail chain specialised in plants and garden products.
  • Appointed trustee for Brødrende Aa AS, its bankruptcy estate
  • Assistance to Bjarøy Handel AS, with the acquisition of the bankrupt operation of Home & Cottage AS

Advokatfirmaet Simonsen Vogt Wiig

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.

Responsables de la pratique:

Bjørn Åge Hamre; Frank C. Aase; Nils Håkon Risberg; Asbjørn Breistein


Autres avocats clés:

Silje Stokland; Chistian Bohne


Les références

‘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.’

‘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 expertise and commerciality.’

Principaux 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


Principaux dossiers


  • 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.

Advokatfirmaet Thommessen AS

Advokatfirmaet Thommessen AS maintains a strong position in the market across financial restructuring, insolvency procedures, and enforcement. Kristoffer Hegdahl spearheads the practice, bringing in-depth knowledge of financial transactions, including financial restructuring and scenarios involving financial distress. Faraz Ahmed Ali is a key contact for clients in the shipping and offshore industry for assistance on restructuring and insolvency mandates, while Frida Stene-Slotte is equally recommended for restructuring in debt capital market transactions.

Responsables de la pratique:

Kristoffer Hegdahl


Autres avocats clés:

Faraz Ahmed Ali; Frida Stene-Slotte


Les références

‘Commercially strong and excellent project skills. Very capable of balancing strong insolvency practice with business objectives and operational results.’

‘Excellent project management skills, strong strategic capabilities, strong in simplifying and packaging synthesis, action plan and ensured results in an extremely short time frame.’

‘Hands-on, pro-active approach. Great use of project data rooms, filing and organising all project documents, making the client experience very smooth. ’

Principaux clients

Nordic Trustee


DNB Bank ASA


Nordea Bank


Danske Bank


Swedbank


NIBC


Seadrill


Export Finance Norway


Eksportfinans ASA


Handelsbanken


Danish Ship Finance


SpareBank 1 Sør-Norge


SpareBank 1 SMN


Sparebanken Møre


Skandinaviska Enskilda Banken


MPC Containerships ASA


DOF ASA


Unicare


BAML


Waldorf Production


Nordic Corporate Bank


Grøntvedt AS


Lowell


Intrum


Observe Medical


Principaux dossiers


  • Advised the creditors (Nordic Trustee and the bondholders) in connection with a defaulted real estate bond loan which led to Nordic Trustee enforcing the share pledge, resulting in the creditors taking control over the property company which owns Equinor’s headquarters.
  • Advised Ratos and the Plantasjen group (a Nordic retail chain specialising in plants, gardening products, outdoor furniture etc.) in connection with Plantasjen’s restructuring efforts throughout H2 2024 and Q1 2025.
  • Advised a group of financial creditors in connection with the special situation relating to the advanced construction vessel « Normand Maximus ».

Wikborg Rein

’s insolvency and corporate recovery practice is well-placed to advise a varied client roster of energy, shipping, offshore, and financial companies. Kaare Christian Tapper oversees the department, taking on complex restructurings, while Leif Petter Madsen is a name to note for complex bankruptcies and is engaged by companies and creditors on financial restructuring, creditor protection, and enforcement. Thea A. Sørensen has extensive experience acting for corporate clients and creditors in restructuring and refinancing mandates.

Responsables de la pratique:

Kaare Christian Tapper


Autres avocats clés:

Leif Petter Madsen; Thea A. Sørensen; Sofie Vikse; Johan Astrup Heber


Les références

‘The insolvency and restructuring team is practical, responsive, and solution-focused. They handle complex cases with confidence and offer clear advice. The team has deep experience and a collaborative approach, making them a go-to team for complex restructuring matters.’

Sofie Vikse is sharp, reliable, and easy to work with. She handles complex insolvency matters calmly and gives clear, practical advice. Leif Petter Madsen is highly experienced and dependable. His deep knowledge of insolvency law and calm, strategic approach make him a valued advisor in complex cases.’

‘Working with the team from Kaare Christian Tapper in particular, is clean, efficient and precise.’

Principaux clients

Brødrene AS


Brødrene Eiendom AS


Solstad Offshore ASA


DNB Bank ASA


Havila Holding AS


Conduit Club Oslo AS, estate in bankruptcy


Fleks AS, estate in bankruptcy


Home & Cottage AS, estate in bankruptcy


Dolphin Drilling AS


Recreate ASA, estate in bankruptcy


OpenGate Capital


Cityplan AS, estate in bankruptcy


Petter Olsen


NorgesGruppen ASA


Theracule AS, estate in bankruptcy


Altor Fund


Frogner Kino Eiendom AS, estate in bankruptcy


Fronger Kino Drift AS, estate in bankruptcy


Tørn AS, estate in bankruptcy


Principaux dossiers


  • Advised the secured lenders of XXL ASA in restructuring negotiations of the XXL group’s debt of approx. NOK 900m.
  • Assisted Brødrene Aa AS, a leading Norwegian shipbuilder, with restructuring efforts following financial difficulties.
  • Advised ASA on bankruptcy proceedings.

Advokatfirmaet Haavind AS

Advokatfirmaet Haavind AS’s restructuring and insolvency practice is well prepared to advise financial creditors, industrial players, and public sector clients, with a practice spanning from restructuring to debt recoveries and bankruptcy and reconstruction. Department head Ellen Schult Ulriksen has notable proficiency in restructuring, bankruptcy proceedings, and creditor negotiations. Other key individuals include Karianne Evje Skiaker, who is a key name to note for debt recovery and enforcement proceedings, and Christoffer Baisgård, who oversees restructuring, insolvency, and cross-border proceedings for both creditors and debtors.

Responsables de la pratique:

Ellen Schult Ulriksen


Autres avocats clés:

Karianne Evje Skiaker; Christoffer Baisgård


Les références

‘Karianne Evje Skiaker is pleasant to work with, skilled, organised and delivers with high quality.’

‘The team has a unique commercial understanding, which is indeed valuable in reconstruction and bankruptcy proceedings. The team is lean and hands-on in every case, ensuring that the resources are well spent.’

‘Karianne Evje Skiaker has extensive expertise and experience within insolvency, bankruptcy, debt negotiations and restructuring.’

Principaux clients

BMI Norge AS


BMI Produksjon AS


IcopalTak AS


Futurehome AS


Zwipe AS


Wanda Group


DHJ Eiendom AS


Axeptia Credit Intelligence AS


We Come In Peace AS


Svart Eiendom AS


Oslo Cargo AS


Leimegnå.no AS


Principaux dossiers


  • Acted as court-appointed reconstructor, was selected by the court to handle the restructuring of three major Norwegian subsidiaries of BMI Group (BMI Norge AS, BMI Produksjon Norge AS, and IcopalTak AS).
  • Represented an independent special committee of a multinational group in connection with U.S. Chapter 11 proceedings before the United States Bankruptcy Court for the District of Delaware.
  • Appointed as trustee for the bankruptcy estate of Zwipe AS, a publicly listed Norwegian technology company specialising in biometric authentication solutions.

Advokatfirmaet Schjødt AS

Advokatfirmaet Schjødt AS‘s insolvency and corporate recovery practice is adept at all aspects of restructuring and insolvency, covering out-of-court restructuring, bankruptcy proceedings, and litigation related to insolvency. Co-head Egil Horstad has been active on reconstruction negotiations and assisting on bankrupticies, and co-head Peter Bugge Hjorth chiefly focuses on cross-border restructurings and insolvencies. Johan Henrik Nossum concentrates on distressed M&A and insolvency litigation. The firm is ably supported by a team of associates including Amalie Osnes Opdal, Mathias Anker Paulsen, and Kristian Kronborg.

Responsables de la pratique:

Egil Horstad; Peter Bugge Hjorth


Autres avocats clés:

Johan Henrik Nossum; Amalie Osnes Opdal; Mathias Anker Paulsen; Kristian Kronborg; Rolf Hjertaker


Les références

‘Schjødt has developed a strong position within insolvency in the West County of Noreay. This is thanks to Egil Horstad and his team.’

‘Egil Horstad is hard-working, with a high level of knowledge within insolvency.’

‘Schjødt AS has exceptional industry knowledge. This insight helps provide clients with commercially focused advice, which in turn helps progress complex cross-border matters.’

Principaux clients

Largest bondholder group of Intrum AB


SAS AB and SAS Norge AS


JP Morgan Chase Bank N.A


DOF ASA


Selecta Group B.V


Prosafe SE


A group of hedge funds investing in distressed debt domiciled in the United States of America and the Cayman Islands


Bakkegruppen AS


Byggmester Markhus AS


Meteva AS


Bondholder group of Hurtigruten AS


Nordic Trustee AS


Official Committee of Unsecured Creditors of Northvolt AB


Principaux dossiers


  • Advising the largest bondholder group of Intrum AB in connection with Intrum’s approximately EUR 4,500,000,000 debt restructuring and recapitalisation, following the company emerging from both the U.S. Chapter 11 proceedings and the Swedish in-court reorganisation process.
  • Advising a group of bondholders of the senior secured EUR 300,000,000 bond originally issued by Explorer II AS (Hurtigruten Group) pursuant to a wider restructuring/recapitalisation of the Hurtigruten Group.
  • Advising Prosafe SE with the successful completion of its fully consensual recapitalisation and refinancing, including the conversion of USD 193,000,000 from debt into equity and refinancing of a USD 150,000,000 super senior secured facility, including USD 75,000,000 in new money, and reinstatement of a USD 75,000,000 senior secured facility.

Arntzen Grette

Arntzen Grette‘s restructuring and insolvency practice is turned to by domestic and international banks, industrial groups, and corporates across a wide array of matters, including insolvency proceedings, creditor negotiations, and recovery litigation. Department head Thomas Fjell chiefly focuses on pre-insolvency mandates and financial restructurings. Vidar Løhre is adept at restructuring involving bond issues, while Øyvind Greaker Bjørndal is a name of note for corporate recovery in the energy and renewables space. Siril Visnes is equally recommended for her knowledge across distressed situations.

Responsables de la pratique:

Thomas Fjell


Autres avocats clés:

Vidar Løhre; Øyvind Greaker Bjørndal; Siril Visnes; Jan Olav Aabø


Principaux clients

Paragon Seillian AS


The Body Shop Plc


Bankruptcy Estate of Gerry Weber Norge AS


Millstreet Capital


Nordic Trustee AS


Kroll Trustee Services Limited


Tryg Forsikring


If P&C Insurance


RSM Norge AS


Principaux dossiers


  • Advised Nordic Trustee as bond trustee in the full restructuring and recapitalisation of the Hurtigruten Group.
  • Acted as Norwegian counsel to Millstreet Capital in connection with Jervois Mining’s USD 309 million global recapitalisation under a prepackaged U.S. Chapter 11 plan.

Advokatfirmaet Bull AS

Advokatfirmaet Bull AS‘s restructuring, insolvency, and bankruptcy practice is adept at contentious and non-contentious restructuring and reconstruction matters, as well as acting on cases of directors’ liability. Practice head Kristoffer Aasebø provides companies and creditors with advice on insolvency and directors’ liability. Other key practitioners in the team are Klemet Ingvar Gask, a go-to contact for handling out-of-court schemes of arrangement and debt negotiations, and Anne Helsingeng, whose practice sits at the intersection of compliance and insolvency. Mira Levánd Bergsland frequently assists clients with debt refinancing and restructuring.

Responsables de la pratique:

Kristoffer Aasebø


Autres avocats clés:

Klemet Ingvar Gask; Anne Helsingeng; Mira Levánd Bergsland


Les références

‘Advokatfirmaet Bull AS is very strong with good lawyers at every field in the process.’

‘Klemet Ingvar Gask with his fantastic memory, remembering every small detail, even what the counterparty said last time and what’s different in their explanation this time, etc. We can highly recommend him.’

‘Very good expertise and large insolvency team.’

Principaux clients

Abeking & Rasmussen Schiffs- und Yachtwerft SE


Atea AS


Bergmanns AS


Bien Sparebank AS


Buskerud District Court


Brewery International AS


Flaen Sag & Høvleri AS


Foodtech Gruppen AS


HCH Eiendom AS


Marco Offshore & Shipping AS


Ministry of Children and Families


Oslo District Court


R.E.N Group


Ringerike, Asker and Bærum District Court


Romerike and Glåmdal District Court


Sentrum Storgata Eiendom AS


Sign Production AS


Struckton Group NV


Vestre Innlandet District Court


We Come in Peace AS


Principaux dossiers


  • Advised the bankruptcy estate of Novelda AS on a high-profile and complex business and asset sale process.
  • Advised We Come in Peace AS on restructuring its bar and restaurant group, including share and asset sales pre and post bankruptcy, and liquidation of insolvent companies.
  • Advised Foodtech Group on restructuring its company structure and navigating bankruptcy proceedings for two subsidiaries.

CMS Kluge

Working closely with the firm’s corporate, dispute resolution, and real estate teams, CMS Kluge‘s practice spans from bankruptcy litigation to pre-insolvency financial reorganisations. Hans Ingvald Stensholdt oversees the practice and receives a varied stream of work on insolvency negotiations and the restructuring of both domestic and international companies. Working alongside him, Dag Thomas Hansson is experienced in restructuring.

Responsables de la pratique:

Hans Ingvald Stensholdt


Autres avocats clés:

Dag Thomas Hansson


Les références

‘The team handles cases efficiently and always takes care of our need for legal services in the best possible way.’

Principaux clients

Ruter


Nordic Kingfish Fredrikstad


IWG Group


Regus


Mayr Meinhof Holz


Hotel Management Group


HIP Eiendom


Maderna Capital


Servicebakeriet


DLA Piper

DLA Piper actively advises on insolvency and restructuring issues, with recent work including its appointment as administrator for the reconstruction of Mynd Entreprenør AS. Egil Hatling spearheads the practice, adding longstanding experience across the restructuring and insolvency arena to the practice. Hatling is particularly noted for his work on financial restructuring, debt negotiations, and bankruptcy proceedings. Maria Krutå and Julie Steinnes both act on restructurings, with the latter bringing expertise in financial regulatory frameworks to the practice.

Responsables de la pratique:

Egil Hatling


Autres avocats clés:

Maria Krutå; Julie Steinnes


 


Les références

‘Practical and good solutions – finding skills.’

‘Excellent business acumen. Vast, relevant experience, both national and international.’

‘Very practical and operational. Relevant and adequate judicial knowledge, but effective and goal-oriented in terms of the task at hand. ’

Principaux clients

Rental Group


Loke Minerals


Lufthansa


H&M


Mynd Entreprenør


Lemonsjøen Utvikling AS


Sparebanken Øst


Aegis


C.J. Coleman, Lloyd’s Syndicate


Polygon


Dreamwork Academy AS


Oslo City Court


BNS Holding


Citycon


Harald A. Møller


Romerike og Glåmdal District Court


Next Gen Tech AS


Tryg


Kampen Bolig- og Næringseiendom AS


Accountor


Reitan convenience Norway


SAS


Principaux dossiers


  • Appointed trustee to the NOK 1bn bankruptcy of Maribel Hotel Group,  securing continued operations of six hotels, arranging asset sales, and pursuing litigation against the board of directors for misconduct.
     
  • Appointed administrator in the court-approved reconstruction of Mynd Entreprenør AS, involving approx. NOK 113m in debt and more than 250 creditors.
     
  • Advising Loke Minerals AS on the acquisition of strategic business assets from a bankruptcy estate in the natural resources sector.
     

Ræder Bing

Regarded for its ‘strong combination of technical excellence and commercial pragmatism’, Ræder Bing is well-placed to advise clients on all phases of restructuring. Practice head Øyvind Bjørnstad is an expert in debt recovery, enforcement and restructuring, developed through his former experience from the Norwegian Tax Administration and Law Enforcement Office. Erling Opdal is regularly appointed as trustee and administrator on bankruptcy estates, while Anne Christine Wettre is knowledgeable on enforcement and regulatory compliance for debt collection companies.

Responsables de la pratique:

Øyvind Bjørnstad


Autres avocats clés:

Erling Opdal; Anne Christine Wettre; Anne Gro Enger; Anders Melgaard; Anne Helene Moen; Thea Hagenes


Les références

‘The insolvency team at Ræder Bing stands out for me, due to their expertise, professionalism, and collaborative approach. The team, led by the renowned Erling Opdal, is frequently appointed by Norwegian district courts to manage some of the largest and most complex bankruptcy estates in the country.’

‘The insolvency team at Ræder Bing possess several highly skilled and engaged professionals, in addition to the trustees previously mentioned. Partner Øyvind Bjørnstad and associate Anne Helene Moen are truly exemplifying these qualities. Bjørnstad oozes expertise and has a hands-on approach that ensures thorough and efficient handling of complex bankruptcy matters.’

‘Good legal expertise and excellent practical approach.’

Principaux clients

Oslo City Court


Alliance Norway


Norges Blindeforbund


Ryde Technology AS


Workman AS


Maskingrossisternes Forening


Heder Bank ASA


Akro AS


Vexta AS


Oslo Drosjeeieres innkjøpslag


Bo Klokt AS


BKH AS


Basal AS


Malmlaft Eiendom AS / CH Skog AS


Tinfos AS


Interimleder AS


Teko Trading AS


RMB-AS


Bielke&Yang AS


Dreamwork Group AS


Nye Eegeberg Invest AS


Selmer

Selmer is well positioned to advise lenders, companies, and trade creditors on domestic and cross-border financial restructurings. Tor Herdlevær heads up the group and is a seasoned advisor on financial restructurings. Per Morten Christiansen‘s far-reaching practice spans financing, restructuring, and financial regulatory matters, with notable activity on the refinancing and restructuring of loan facilities. Lars Myklebust Tomasson is a key contact for clients in the shipping and offshore sector on financing and restructuring.

Responsables de la pratique:

Tor Herdlevær


Autres avocats clés:

Per Morten Christiansen; Lars Myklebust Tomasson


Les références

‘Tor Herdlevær was a vital support in our process. Available, came up with good solutions, great communicator, and enjoyable to work with.’

‘Skilled and knowledgeable, good sparring partners and always available. Willing to put in a lot of effort in a short amount of time.’

‘Tor Herdlevær provided guidance and legal assistance through a restructuring and insolvency for the board and the CFO. Hands-on approach with clear directions and recommendations. He was also valuable in the discussions with the creditors and their legal representative.’

Principaux clients

SpareBank 1 SMN


Sparebanken Vest


Export Finance Norway


Sparebank 1 Østlandet


Sparebanken Møre


Convene Holding AS


Eidesvik Offshore


Principaux dossiers


  • Acted as legal counsel to the Intrum Group in connection with a reorganisation and refinancing of the multinational group to the value of EUR 4.48 billion.
     

Wiersholm

With experience in international restructurings, typically on the debtor side, Wiersholm is engaged by clients in a wide array of sectors, including shipping, offshore, aviation, and financial services. The team is led by Gunhild Dugstad, who brings wider commercial acumen to the fore, alongside her aptitude in restructuring. Ingrid Tronshaug is a notable name at the practice, regularly handling bankruptcy estates, restructuring, and advising companies in distress. Tronshaug is also an active advisor on debt collection, security interests, and enforcement. Ståle Gjengset departed from the firm in June 2025.

Responsables de la pratique:

Gunhild Dugstad


Autres avocats clés:

Ingrid Tronshaug; Kristine Hasle


Les références

‘Very skilled team.’

‘Ingrid Tronshaug is pragmatic, friendly, and a pleasure to work with.’

‘What makes Wiersholm unique is the combination of deep legal expertise with a practical, solution-oriented approach. The team demonstrated not only technical excellence but also strong commercial understanding.’

Principaux clients

The Ministry of Trade, Industry and Fisheries


The Kingdom of Norway


Nordic Trustee AS


Siem Offshore Inc


DNB Bank ASA


Sparebank 1 SR-Bank ASA


Altor Equity Partners


Olympic Subsea ASA


Polarcus Limited


SFL Corporation Ltd


Archer Limited


The bankruptcy estate of Atam AS