Department profile
Advokatfirmaet Bull AS

Restructuring/Insolvency

Europe Guide 2026 : Norway


Advokatfirmaet Bull AS

Rankings

About

Provided by Advokatfirmaet Bull AS

Restructuring, insolvency and bankruptcy

Advokatfirmaet Bull AS provides high-quality legal counsel to businesses, banks, financial institutions, and individuals facing financial distress and complex insolvency issues. Operating both nationally and internationally, our dedicated team delivers tailored, practical advice to safeguard corporate values and manage financial risk.

Our lawyers have extensive experience in navigating corporate crises and advising management, boards, owners, and creditors. The team holds a strong position in the Norwegian market, and our lawyers are regularly appointed by the courts as bankruptcy trustees, reconstructors, and heads of independent investigation committees.

Core Capabilities

  • Crisis Management: Corporate reviews and assessing options for continued operations.
  • Liability Counsel: Advising boards and management on duties and legal latitude.
  • Restructuring: Financial and structural reorganizations of enterprises.
  • Financing & Security: Drafting loan agreements and security documentation.
  • Court Mandates: Acting as court-appointed trustees and reconstructors.
  • Creditor Rights: Safeguarding interests, filing claims, and enforcement.
  • Clawback & Risk: Analyzing pre-bankruptcy transactions and clawback claims.
  • Distressed M&A: Buying and selling businesses inside and outside of bankruptcy.
  • Cross-Border Insolvency: Handling international insolvency and investigations.

Chambers Review

Provided by Chambers

Restructuring/Insolvency - Norway

Band 4

Band 4


What the Team is Known For

Bull provides restructuring and insolvency legal advice in the Norwegian market, representing both debtors and creditors. Its team members are regularly appointed as administrators. The firm takes on various assignments involving companies in the hospitality, manufacturing and construction sectors, among others. It also handles restructuring matters with white-collar crime elements.

Work Highlights

Provided by Chambers

  • Bull advised the bankruptcy estate of Novelda on a competitive bidding process to sell the company.

Strengths

Provided by Chambers

  • Bull possesses in-depth knowledge and guides us through the challenging environment regarding rules and regulations.

    Restructuring/Insolvency respondentEurope
  • Bull is highly knowledgeable and provides practical advice. It has good availability and short lines of communication, and is fast.

    Restructuring/Insolvency respondentEurope
  • The team has an impressive ability to combine pragmatic, commercially grounded guidance with strategic decision-making and robust legal execution throughout bankruptcy proceedings.

    Restructuring/Insolvency respondentEurope
  • The law firm has a superb understanding of the business and subject areas regarding insolvency, debt negotiations and damages cases.

    Restructuring/Insolvency respondentEurope
  • The team has strong legal expertise and experience in handling major insolvencies.

    Restructuring/Insolvency respondentEurope

Notable Practitioners

Provided by Chambers

  • Band 4Klemet Ingvar Gaski
    Band 4Klemet Ingvar Gaski

    Klemet Ingvar Gaski

    Klemet Ingvar Gaski assists companies with restructuring processes. He also represents clients in professional liability cases connected to distressed situations.

    • Klemet Ingvar Gaski is an outstanding lawyer.

      Restructuring/Insolvency respondentEurope
  • Band 4Kristoffer Aasebø
    Band 4Kristoffer Aasebø

    Kristoffer Aasebø

    Kristoffer Aasebø represents both creditors and debtors in restructuring matters, including court-led proceedings.
    • He is always prepared, supportive and solution oriented.

      Restructuring/Insolvency respondentEurope
  • Band 4Mira Levánd Bergsland
    Band 4Mira Levánd Bergsland

    Mira Levánd Bergsland

    Mira Levánd Bergsland regularly advises debtors on restructuring processes and has experience acting as a court-appointed administrator. She is knowledgeable in distressed M&A as well as fraud investigations and the enforcement of claims.

    • Mira Levánd Bergsland is highly skilled and a pleasure to work with.

      Restructuring/Insolvency respondentEurope
    • She is solutions oriented and provides commercially and legally sound advice that is critical to the successful execution of processes.

      Restructuring/Insolvency respondentEurope
    • Mira consistently goes above and beyond to safeguard our interests, offering clear guidance even in the most complex and time-critical situations.

      Restructuring/Insolvency respondentEurope
    • Her ability to quickly understand not just the legal issues, but also the commercial, operational and human dimensions of the situation is truly exceptional.

      Restructuring/Insolvency respondentEurope
    • She combines deep technical expertise and a broad overview with excellent communication skills and a highly solution-oriented mindset.

      Restructuring/Insolvency respondentEurope

Ranked Individuals at Advokatfirmaet Bull AS (3)

Norway

Members

Provided by Advokatfirmaet Bull AS

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