Restructuring/Insolvency
Europe Guide 2024 : Sweden
Band 2
Email address
[email protected]Contact number
+46 8 670 6600About
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
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.
Strengths
Provided by Chambers
"Gernandt & Danielsson have a very good understanding of our commercial considerations."
"The team brings in the expertise needed in each topic, ensures analysis with different perspectives and provides clear and well-structured reporting."
"Gernandt & Danielsson have a very good understanding of our commercial considerations."
"The team brings in the expertise needed in each topic, ensures analysis with different perspectives and provides clear and well-structured reporting."
Notable Practitioners
Björn Svensson is experienced in the market and regularly advises debtors and municipalities on complex financial restructuring mandates.
"He is a really good lawyer who is easygoing, always available and has his client's best interests as the goal."
Mikael Borg joins the rankings this year following impressive plaudits from clients. He advises both distressed companies and bondholder committees on the restructuring of debt and capital structures.
"He offers very valuable expertise."
Caroline Jägenstedt Wikman features in the rankings for the first time and is recognised as an up-and-coming lawyer in the field. She regularly assists with the restructuring of debt and capital structures.
"She is sensible, pragmatic and works holistically on the problem."
Ranked Lawyers at
Gernandt & Danielsson Advokatbyrå KB
Sweden
Members
Provided by Gernandt & Danielsson Advokatbyrå KB
Björn Svensson
Caroline Jägenstedt Wikman
Sofie Viktorsson