About

Provided by BAHR

BAHR represents financial institutions, investment banks, bondholders, trustees and other clients who need top quality advice in challenging circumstances. We offer extensive experience of insolvency processes in Norway, the US, the UK, Singapore and elsewhere. Whatever the situation, we aim to achieve the best possible settlement for our clients, ideally without resort to formal proceedings. However we also work closely with our dispute resolution group when cases turn contentious. 


Known as a ‘go to’ firm for major lenders in the largest international transactions, we are a core counsel for some of the most active banks in Norway. We are also notable as Norway’s number one bondholder firm through our work for the Nordic Trustee ASA, as well as a number of investment banks. Consequently we have a key role in every major bond default that takes place in Norway.


With Norwegian legislation being far from ideal when it comes to negotiating complex debt settlements, achieving a successful agreement demands broad knowledge of alternative procedures. BAHR’s practical, creative, highly skilled lawyers have that knowledge.

Chambers Review

Provided by Chambers

Restructuring/Insolvency - Norway

1
Band 1

What the Team is Known For

BAHR has an impressive practice reputed for its capabilities in restructuring matters. The law firm handles issues relating to corporate reorganisation, financial restructuring and recoveries. The team is particularly well known for representing bondholders, banks and distressed companies. The practice advises on contentious cases, including cross-border enforcement proceedings.

Work Highlights

  • BAHR assisted Hurtigruten with its recapitalisation and restructuring.

Strengths

Provided by Chambers

Notable Practitioners

Provided by Chambers

Richard Sjøqvist
1
Richard Sjøqvist
1
Band 1
Richard Sjøqvist heads the department and is a market-leading practitioner who regularly advises bondholders and distressed companies on a broad range of restructuring mandates.

Richard Sjøqvist provides good support in complex processes.

Magnus Tønseth
2
Magnus Tønseth
2
Band 2
Magnus Tønseth advises lending syndicates and bondholders on restructuring matters involving the offshore and energy sectors.

He is an experienced restructuring lawyer and a tough negotiator with a great sense of the commercial aspects in a restructuring transaction.

Ståle Gjengset
2
Ståle Gjengset
2
Band 2

Ståle Gjengset advises debtors as well as creditors, including bondholders, on restructuring processes.

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.

Ranked Lawyers at
BAHR

Provided by Chambers
Filter by
Band

Norway

Restructuring/Insolvency

Richard Sjøqvist
1
Richard Sjøqvist
1
Band 1
Magnus Tønseth
2
Magnus Tønseth
2
Band 2
Ståle Gjengset
2
Ståle Gjengset
2
Band 2
Peter Aall Simonsen
4
Peter Aall Simonsen
4
Band 4