DEPARTMENT PROFILE

Advokatfirmaet Simonsen Vogt Wiig

Restructuring/Insolvency

1 ranked lawyersBand 3NorwayEurope 2021 View ranking table
DEPARTMENT PROFILE

Advokatfirmaet Simonsen Vogt Wiig

Restructuring/Insolvency

1 ranked lawyersBand 3NorwayEurope 2021 View ranking table
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department information
ranked lawyers
chambers review
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ranked lawyers

Chambers Review

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What the team is known for

With offices spanning the country and a roster of clients in the banking and finance, construction, energy and cosmetics sectors, this sizeable practice is well regarded for its expertise in handling bankruptcy estates and regularly advises on related contentious claims. Also participates in restructurings in the shipping, oil and offshore sectors. Regularly acts as administrator or trustee on large-scale insolvency cases.

Strengths

One client enthuses that "they give holistic, long-term advice," adding that "they are able to balance between the purely legal aspects and the commercial reality."

Another source says: "The team has excellent negotiation skills, keeps up the momentum and makes sure that you get across the finish line."

Work highlights

Assisted Nordea Bank with the enforcement of its securities over a USD233.2 million loan against SOMARGAS II.

Notable practitioners

Peter Aall Simonsen is held in particularly high regard for his experience in the shipping industry, regularly advising on debt restructuring and enforcement proceedings. Clients highlight his "precise, strategic and tactical legal knowledge."

Department Information

This content is provided by Advokatfirmaet Simonsen Vogt Wiig.

Overview

​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


Members

Simonsen, Peter Aall (Head of Department)

Aas, Terje

Dypvik, Knut

Eliassen, Eivind

Eriksen, Per Chr.

Hamre, Bjørn Åge

Klingenberg, Halvor

Lous, Erlend

Risberg, Nils Håkon

Simonsen, Peter Aall

Restructuring/Insolvency Department

Advokatfirmaet Simonsen Vogt Wiig

firm
Department location

Filipstad Brygge 1

P.O. Box 2043

Vika

Oslo

Oslo

Norway

0125

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Ranked Lawyers

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Norway

Restructuring/Insolvency


Peter Aall Simonsen
Band 4