Restructuring and insolvency law
Few situations are more demanding than when a company is approaching insolvency. Owners must decide whether to inject further capital, board members must carefully consider their personal liability, banks must plan how to manage their exposure, and customers and suppliers must assess whether to continue contractual relationships in what is often a critical phase for all involved. Misjudgements at this stage can have severe consequences.
Such complex circumstances place high demands on advisers. Our lawyers have extensive experience providing clear, precise advice to owners, boards, banks, customers and suppliers on the wide range of issues that arise when a company faces serious financial distress. This includes shareholder disputes, directors’ duties and the limits of corporate discretion, contract termination, default, enforcement, restructuring and bankruptcy. Our team also has substantial experience acting as administrators in some of Norway’s largest insolvency proceedings.
I would recommend them because of their ability to be commercial, efficient and proactive. The lawyers are highly skilled and offer excellent client service.
Chambers Europe, 2025
Selected references includes:
- Hurtigruten, Norwegian and DOF – adviser to creditors and creditor representatives in the companies’ restructurings
- Norske Skog – advising creditors and creditor representatives in the restructuring process, as well as enforcement of share pledges
- Reinertsen – appointed administrator in the bankruptcy of the construction company with debts exceeding NOK 1.6 billion
- Sydvaranger Gruve – creditor advisory in the restructuring of mining operations
- Norske Skog and Kleven Verft – representing board members in liability proceedings
