Department profile
Advokatfirmaet Thommessen AS

Restructuring/Insolvency

Europe Guide 2026 : Norway

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Advokatfirmaet Thommessen AS

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About

Provided by Advokatfirmaet Thommessen AS

The internationalisation of financial markets and the business sector is making insolvency and restructuring issues increasingly complex. Thommessen has considerable experience as advisers in Norwegian and international cases, including issues that apply across national borders.

Our lawyers have been involved in all medium-sized and major insolvency and restructuring cases in Norway over the past decades. We have considerable experience from working on all sides of the table – we understand and handle all the different stakeholders.

Our lawyers provide assistance with all issues related to restructuring and insolvency, including financial restructuring or comprehensive processes involving both financial and industrial restructuring. Our team has different areas of expertise and works together to find the best solutions for our clients.

Thommessen is also ranked in this category in the leading national and international ratings.

Industries (6)

  • Banks
  • Energy
  • Industrial Engineering
  • Real Estate Finance
  • Real Estate
  • Transportation

Chambers Review

Provided by Chambers

Restructuring/Insolvency - Norway

Band 2

What the Team is Known For

Thommessen has an impressive restructuring practice assisting banks and creditors as well as debtors and bond issuers. The law firm is active on restructuring mandates in the shipping and offshore sectors. The legal team remains heavily involved in cross-border restructuring cases, often representing large bank syndicates and other clients from the financial sector. The practice possesses expertise in foreign insolvency procedures.

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Work Highlights

Provided by Chambers

  • Thommessen acted as lead counsel to Nordic Trustee and the bondholders on matters connected to a defaulted bond loan which led to creditors assuming control of Equinor's headquarters.

Strengths

Provided by Chambers

  • Thommessen has deep expertise in restructuring, paired with excellent team skills.

    Restructuring/Insolvency respondentEurope

  • Thommessen offers solid project management and effective discussion partners who provide clear and prudent legal advice.

    Restructuring/Insolvency respondentEurope

  • Thommessen demonstrates excellent team work, deep industrial understanding and an ability to analyse from a strategic, commercial and legal point of view.

    Restructuring/Insolvency respondentEurope

  • Thommessen has a wide range of lawyers with in-depth knowledge covering various topics.

    Restructuring/Insolvency respondentEurope

  • The department offers top responsiveness.

    Restructuring/Insolvency respondentEurope

Notable Practitioners

Provided by Chambers

  • Kristoffer Hegdahl
    Kristoffer Hegdahl

    Kristoffer Hegdahl

    Kristoffer Hegdahl has market-leading expertise representing lenders and borrowers in financial restructuring matters.

    • Kristoffer Hegdahl has a sharp business mind, reads the room effectively, understands the game of business and provides clear and actionable advice.

      Restructuring/Insolvency respondentEurope

    • He offers a very high degree of sophistication, a deep understanding of how finance creditors operate and an understanding of the commercial boundaries.

      Restructuring/Insolvency respondentEurope

    • Kristoffer Hegdahl possesses excellent legal skills combined with business acumen and strategic vision.

      Restructuring/Insolvency respondentEurope

    • He is very experienced and good in restructurings.

      Restructuring/Insolvency respondentEurope

    • He's an excellent negotiator.

      Restructuring/Insolvency respondentEurope
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  • Faraz Ahmed Ali
    Faraz Ahmed Ali

    Faraz Ahmed Ali

    Faraz Ahmed Ali often acts on high-value and cross-border restructurings for large banking and finance clients, with particular experience in financial restructurings and recapitalisations.

    • Faraz's availability during these processes is impressive.

      Restructuring/Insolvency respondentEurope

    • Faraz Ahmed Ali is a quick learner, with an ability to seamlessly step in for other lawyers as needed.

      Restructuring/Insolvency respondentEurope

    • He provides sophisticated and well-reasoned advice, and is always on top of the relevant facts.

      Restructuring/Insolvency respondentEurope

    • He is exceptionally talented, with a keen eye for pragmatic solutions. He is highly attentive to clients and consistently meets, and often exceeds, expectations.

      Restructuring/Insolvency respondentEurope

    • Faraz Ahmed Ali is skilled.

      Restructuring/Insolvency respondentEurope
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Ranked Individuals at Advokatfirmaet Thommessen AS (2)

Norway

Members

Provided by Advokatfirmaet Thommessen AS

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