Restructuring/Insolvency
Europe Guide 2024 : Norway
Band 2
Email address
[email protected]Contact number
+47 21 95 55 00About
Provided by Advokatfirmaet Simonsen Vogt Wiig
Simonsen Vogt Wiig's Restructuring and Insolvency Practice
Simonsen Vogt Wiig has a well-respected restructuring and insolvency team with broad experience. The team advices both creditors/syndicates and debtors in financial distressed situations. A large part of their advisory relates to cross-border restructurings involving Chapter 11 processes / scheme of arrangements.
The firm's lawyers are widely appointed as trustees in bankruptcy estates including in relation to a number of major bankruptcies.
The firm's work has lately been focused on the difficulties within the shipping / offshore / oil & gas sectors, but their practice covers debtors in all business sectors
Chambers Review
With offices spanning the country and a roster of clients in the banking and finance, construction and energy sectors, Simonsen Vogt Wiig is well regarded for its expertise in handling bankruptcy estates and regularly advises on related contentious claims. The law firm also participates in restructurings in the shipping, oil and offshore sectors. The team regularly acts as administrator or trustee on large-scale insolvency cases.
Work Highlights
- Simonsen Vogt Wiig acted as an expert witness in Norwegian insolvency law on a lawsuit under Chapter 15 of the US Bankruptcy Code on behalf of the bankruptcy estate of Norske Skogindustrier.
Strengths
Provided by Chambers
"Simonsen Vogt Wiig provide us with clear advice and support."
"Simonsen Vogt Wiig do a really great job for us. The lawyers are solution-oriented and available at all times."
"The team at Simonsen Vogt Wiig are skilled, to the point and give us realistic feedback regarding our cases' possible outcomes."
"The team at Simonsen Vogt Wiig have good knowledge of issues and are solution-oriented and fast. Their service and response times are perfect, and their commercial awareness is impeccable."
"Simonsen Vogt Wiig provide us with clear advice and support."
"Simonsen Vogt Wiig do a really great job for us. The lawyers are solution-oriented and available at all times."
"The team at Simonsen Vogt Wiig are skilled, to the point and give us realistic feedback regarding our cases' possible outcomes."
"The team at Simonsen Vogt Wiig have good knowledge of issues and are solution-oriented and fast. Their service and response times are perfect, and their commercial awareness is impeccable."
Notable Practitioners
The Bergen-based Bjørn Åge Hamre continues to progress in the rankings. He is frequently appointed as administrator in matters involving the shipping and offshore sectors, as well as retail. He also acts as an expert witness in restructuring and insolvency cases.
"Bjørn Åge Hamre is a result-oriented lawyer."
"Bjørn Åge Hamre is an experienced lawyer who fights for his clients."
"We are very pleased with Bjørn Åge Hamre's advice and have recommended him to business friends."
Frank Aase offers experience in financial restructuring matters. He moved from Brækhus Advokatfirma to Simonsen Vogt Wiig in January 2024.
"Frank is a solution-oriented lawyer who knows the law well and understands our business."
Peter Aall Simonsen advises on debt restructuring and enforcement proceedings, especially in the offshore and energy sectors.
"I am pleased with the support Peter brings to my team."
"I would like to highlight his precise, strategic and tactical legal knowledge and experience in this field of legal advice related to bankruptcy and restructuring processes."
Ranked Lawyers at
Advokatfirmaet Simonsen Vogt Wiig
Norway
Members
Provided by Advokatfirmaet Simonsen Vogt Wiig
Erlend Lous
Halvor Klingenberg
Knut Dypvik
Nils Håkon Risberg
Per Chr. Eriksen
Peter Aall Simonsen
Head of Department
Terje Aas