About

Provided by Gernandt & Danielsson Advokatbyrå KB

Our team has a prominent position in the restructuring market and a leading position in debt capital markets restructurings, having advised on several of the Nordic region’s largest reconstructions. We provide ongoing advice to clients who are at risk of finding themselves in an insolvency situation. Our broad transaction experience makes it possible for us to be solution-oriented and find ways to satisfy more stakeholders than would be the case if the company were to be forced into bankruptcy. We also provide preparatory advice before a corporate reorganisation or bankruptcy procedure, and work closely with reorganisers and bankruptcy trustees.

In addition, we assist contractors that provide services to companies headed toward a reorganisation in managing the risks entailed in the situation. If a bankruptcy proceeding has already been initiated, we assist the creditor against the bankruptcy trustee.

Our services include:

  • Restructuring of debt and equity
  • Emergency financing
  • Forced acquisitions and distressed deals
  • Preventive and preparatory measures before a possible corporate reorganisation or bankruptcy
  • Applications and safeguards regarding bankruptcy or corporate reorganisation
  • Protecting the interests of creditors and owners in bankruptcy and corporate reorganisation
  • Disputes (e.g. bankruptcy recovery)
  • Questions about preferential rights, collateral, moratorium, personal liability of shareholders and the company's representatives, etc.
  • Cross-border insolvency proceedings

Chambers Review

Provided by Chambers

Restructuring/Insolvency - Sweden

2
Band 2

What the Team is Known For

Gernandt & Danielsson is best known for its work on behalf of bondholders participating either in out-of-court negotiations or formal procedures for the restructuring of capital markets debt. The law firm's work on the debtor side of hugely significant Swedish reorganisations is testament to its broader restructuring capabilities. The team also represents local municipalities in restructuring-related financing transactions.

Work Highlights

Provided by Gernandt & Danielsson Advokatbyrå KB

  • Gernandt & Danielsson advised Viaplay on its recapitalisation, including raising SEK4 billion in new equity and an SEK14.6 billion debt renegotiation package comprising a write-down of SEK2 billion, of which SEK0.5 billion was converted into equity, and amendments and extensions of existing bank and bond commitments.

Strengths

Provided by Chambers

Notable Practitioners

Provided by Chambers

Mikael Borg
2
Mikael Borg
2
Band 2

Mikael Borg advises both distressed companies and bondholder committees on the restructuring of debt and capital structures.

Mikael is commercially aware, gives to-the-point advice and has an immense knowledge base.

Mikael is the undisputed number one in Sweden when it comes to restructurings and complicated bond questions.

Björn Svensson
3
Björn Svensson
3
Band 3
Björn Svensson is experienced in the market and regularly advises debtors and municipalities on complex financial restructuring mandates.
Caroline Jägenstedt Wikman
U
Caroline Jägenstedt Wikman
U
Up and Coming

Caroline Jägenstedt Wikman regularly assists with the restructuring of debt and capital structures, advising companies in restructuring, bondholders as well as bondholder agents.

Caroline gave good advice and was valuable to the process.

Caroline is very good to work with and available.

Ranked Lawyers at
Gernandt & Danielsson Advokatbyrå KB

Provided by Chambers
Filter by
Band

Sweden

Restructuring/Insolvency

Mikael Borg
2
Mikael Borg
2
Band 2
Björn Svensson
3
Björn Svensson
3
Band 3
Caroline Jägenstedt Wikman
U
Caroline Jägenstedt Wikman
U
Up and Coming

Members

Provided by Gernandt & Danielsson Advokatbyrå KB

Björn Svensson

Caroline Jägenstedt Wikman

Sofie Viktorsson