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Advokatfirmaet Simonsen Vogt Wiig
Department profile | Advokatfirmaet Simonsen Vogt Wiig
Restructuring/Insolvency

About

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

Provided by Chambers

Restructuring/Insolvency - Norway

2
Band 2

What the Team is Known For

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

Provided by Advokatfirmaet Simonsen Vogt Wiig

  • 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."

Restructuring/Insolvency respondent
Europe

"Simonsen Vogt Wiig do a really great job for us. The lawyers are solution-oriented and available at all times."

Restructuring/Insolvency respondent
Europe

"The team at Simonsen Vogt Wiig are skilled, to the point and give us realistic feedback regarding our cases' possible outcomes."

Restructuring/Insolvency respondent
Europe

"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."

Restructuring/Insolvency respondent
Europe

Notable Practitioners

Provided by Chambers

Bjørn Åge Hamre
3
Bjørn Åge Hamre
3
Band 3

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."

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Frank Aase
4
Frank Aase
4
Band 4

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."

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Peter Aall Simonsen
4
Peter Aall Simonsen
4
Band 4

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."

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Ranked Lawyers at
Advokatfirmaet Simonsen Vogt Wiig

Provided by Chambers
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Band

Norway

Restructuring/Insolvency
Bjørn Åge Hamre
3
Bjørn Åge Hamre
3
Band 3
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Frank Aase
4
Frank Aase
4
Band 4
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Peter Aall Simonsen
4
Peter Aall Simonsen
4
Band 4
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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