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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.
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."
Assisted Nordea Bank with the enforcement of its securities over a USD233.2 million loan against SOMARGAS II.
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."
This content is provided by Advokatfirmaet Simonsen Vogt Wiig.
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
Simonsen, Peter Aall (Head of Department)
Eriksen, Per Chr.
Hamre, Bjørn Åge
Risberg, Nils Håkon