Department profile
Cirio Advokatbyrå AB

Restructuring/Insolvency

Europe Guide 2026 : Sweden


Cirio Advokatbyrå AB

Rankings

About

Provided by Cirio Advokatbyrå AB

Restructuring and Insolvency

We offer insolvency advice regarding complex Swedish and cross-border financial restructuring and refinancing. We are regularly appointed by the courts as bankruptcy trustees, administrators and liquidators. 

Substantial expertise throughout every stage 

Our Restructuring and Insolvency group is a specialist leader in Sweden providing authoritative legal advice and unparalleled experience in insolvency law. We advise companies facing financial issues and payment difficulties. We assist debtors in financial distress with solutions and advice, as well as advising banks, other financiers, and suppliers in which their counterparties are affected by insolvency. 

In addition, we are regularly appointed by the courts as bankruptcy trustees and administrators. We have wide-ranging experience in all types of bankruptcies, company reorganisations, informal restructurings and corporate workout in large and small companies whether it be in Sweden or a larger cross-border matter. 

In short, our expertise in this area covers all insolvency-related matters, and we have the capacity to handle all types of cases regardless of complexity and size. 

Chambers Review

Provided by Chambers

Restructuring/Insolvency - Sweden

Band 2

Band 2


What the Team is Known For
Cirio has a highly regarded restructuring and bankruptcy practice, with its lawyers frequently acting as court-appointed administrators, receivers and liquidators on high-value proceedings. The law firm additionally acts for trade creditors on the protection of their interests through restructuring or insolvency processes. It has further experience in distressed M&A mandates.

Work Highlights

Provided by Chambers

  • Cirio advised Re:NewCell on its bankruptcy proceedings.

Strengths

Provided by Chambers

  • Cirio is extremely responsive, fast and hard-working.

    Restructuring/Insolvency respondentEurope
  • The team combines solid restructuring experience with practical guidance that helps navigate complex decisions. Their responsiveness and structured way of working clearly distinguish them from others in the industry.

    Restructuring/Insolvency respondentEurope
  • Their ability to clearly explain legal options and present alternative strategies is invaluable in helping us make informed decisions during negotiations.

    Restructuring/Insolvency respondentEurope
  • Cirio has experienced and broad expertise in insolvency and reconstruction.

    Restructuring/Insolvency respondentEurope
  • The team provides quick and efficient responses and a genuine willingness to help in what are sometimes stressful situations.

    Restructuring/Insolvency respondentEurope

Notable Practitioners

Provided by Chambers

  • Band 1Lars-Henrik Andersson
    Band 1Lars-Henrik Andersson

    Lars-Henrik Andersson

    Lars-Henrik Andersson is one of the best-known lawyers involved in Swedish insolvency cases. He accepts appointments as reconstructor or administrator in formal reorganisations or bankruptcies, and he is central to the law firm's broader practice, defending the interests of trade creditors in restructurings.

    • He is very quick and very well connected.

      Restructuring/Insolvency respondentEurope
    • Lars-Henrik is a talented lawyer.

      Restructuring/Insolvency respondentEurope
    • He has been around for a long time and has a wealth of experience.

      Restructuring/Insolvency respondentEurope
    • Lars-Henrik has great technical capability and deep familiarity with Swedish restructuring law and issues. He is easy to work alongside and provides helpful insight.

      Restructuring/Insolvency respondentEurope
  • Band 3Karl Björlin
    Band 3Karl Björlin

    Karl Björlin

    Karl Björlin often takes on assignments as an official receiver in relation to insolvency proceedings, as well as handling business reorganisations.
    • He has a high level of commitment and expertise.

      Restructuring/Insolvency respondentEurope
    • Karl combines professionalism and calm authority with clear, practical guidance.

      Restructuring/Insolvency respondentEurope
    • Karl is very plugged into the community.

      Restructuring/Insolvency respondentEurope
    • His understanding of both the legal framework and the business context is excellent, and his communication is consistently clear, structured and reassuring.

      Restructuring/Insolvency respondentEurope
  • Band 3Pierre Pettersson
    Band 3Pierre Pettersson

    Pierre Pettersson

    Pierre Pettersson is often appointed as official receiver or reconstructor. He has experience in the restructuring or liquidation of businesses with operations in multiple jurisdictions.

    • He shows clear commitment and determination to achieve the best possible outcome.

      Restructuring/Insolvency respondentEurope
    • Pierre is the kind of lawyer any layperson would feel comfortable consulting. He explains options clearly and suggests solutions in a precise, understandable way. He is down to earth and approachable, and instantly inspires confidence in his ability to guide you through complex situations.

      Restructuring/Insolvency respondentEurope
    • Pierre is very service-minded. He quickly understands a matter and comes up with quick answers and concrete solutions.

      Restructuring/Insolvency respondentEurope
    • He is very innovative and thinks about new ways to go forward.

      Restructuring/Insolvency respondentEurope

Ranked Individuals at Cirio Advokatbyrå AB (4)

Sweden

  • Profile image of Lars-Henrik Andersson

    Lars-Henrik Andersson

    Head of Restructuring/Insolvency

    View profile
  • Profile image of Lars-Henrik Andersson

    Lars-Henrik Andersson

    Restructuring/Insolvency: Trustees/Administrators

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  • Profile image of Karl Björlin

    Karl Björlin

    Restructuring/Insolvency: Trustees/Administrators

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  • Profile image of Pierre Pettersson

    Pierre Pettersson

    Restructuring/Insolvency: Trustees/Administrators

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Members

Provided by Cirio Advokatbyrå AB

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