Department profile
Kvale Advokatfirma DA

Restructuring/Insolvency

Europe Guide 2026 : Norway


Kvale Advokatfirma DA

Rankings

About

Provided by Kvale Advokatfirma DA

Kvale has one of the largest and most recognized restructuring and insolvency departments in Norway.

Kvale regularly advises banks in distressed cases, assessing the banks' position, negotiating with other stakeholders, handling (enforcement of) security interests and drafting i.a. restructuring, refinancing and guarantee documentation.  

Kvale also advise the board of directors and administration of companies in distress to navigate the various stakeholders in times of economic crisis, and in identifying measures and instruments in court or out of court to restructure and/or refinance the business.

Kvale is often appointed as trustee/administrator in complex national or cross-border insolvency proceedings, and are continuously handling a substantial number of bankrutpcies/liquidations, of which several are among the largest bankruptcy/liquidation proceedings in Norway every year.

Kvale leads private and public investigations. Through the role as appointed trustee in insolvency proceedings, Kvale regularly handles investigations of economic transactions, acts or omissions by board members, management and/or auditors and other related matters.

Chambers Review

Provided by Chambers

Restructuring/Insolvency - Norway

Band 1

Band 1


What the Team is Known For
Kvale has a highly accomplished bankruptcy and insolvency group with an impressive reputation for acting as bankruptcy trustee over distressed entities, debt settlement and recovery. The law firm is experienced in contentious matters including cross-border proceedings. The team regularly acts for an array of impressive clients, including major financial institutions, as well as energy suppliers and retail clients.

Work Highlights

Provided by Chambers

  • Kvale acted as court-appointed trustee to the bankruptcy estate of Bolig Partner.

Strengths

Provided by Chambers

  • Kvale is very knowledgeable and hands on.

    Restructuring/Insolvency respondentEurope
  • Kvale possesses a very high level of expertise, works efficiently and provides sound, commercially grounded advice.

    Restructuring/Insolvency respondentEurope
  • Kvale is very commercial and understands the business aspect of the transaction very well. The team is very responsive.

    Restructuring/Insolvency respondentEurope
  • Kvale consistently demonstrates strong capability in handling complex reconstruction and insolvency matters. It combines technical legal expertise with practical commercial understanding, enabling it to navigate sophisticated issues effectively.

    Restructuring/Insolvency respondentEurope
  • The team responds proactively and follows up with us closely.

    Restructuring/Insolvency respondentEurope

Notable Practitioners

Provided by Chambers

  • Band 1Stine Snertingdalen
    Band 1Stine Snertingdalen

    Stine Snertingdalen

    Stine Snertingdalen is a top-ranked lawyer who regularly acts as bankruptcy trustee. She also advises syndicated lenders on financial restructurings.

    • Stine is structured, efficient and one the most experienced bankruptcy lawyers in Norway. It is always a pleasure to work with her.

      Restructuring/Insolvency respondentEurope
    • She demonstrates strong specialist knowledge in reconstruction and insolvency matters, whilst also showing the ability to provide broader strategic advice when required.

      Restructuring/Insolvency respondentEurope
    • Stine Snertingdalen always tries to find an angle to maximise our position; she has super impressive business acumen that always looks for an edge in negotiations.

      Restructuring/Insolvency respondentEurope
    • Stine is very solution oriented, proactive and full of energy. She's on top of everything and sees to it that everything goes smoothly.

      Restructuring/Insolvency respondentEurope
    • Stine Snertingdalen is outstanding.

      Restructuring/Insolvency respondentEurope
  • Band 3Thomas Piro
    Band 3Thomas Piro

    Thomas Piro

    Thomas Piro handles a range of bankruptcy cases, including those involving international elements. He advises on the sale of distressed assets, debt recovery processes and pre-insolvency investigations.
  • Up and ComingBjørn Løtveit
    Up and ComingBjørn Løtveit

    Bjørn Løtveit

    Bjørn Løtveit assists bankruptcy estates with insolvency proceedings. He has additional experience advising creditors on the restructuring and refinancing of distressed companies, as well as debt collection and the enforcement of security.

    • Bjørn Løtveit is always positive and working really fast on delivering everything we need. He is pragmatic, solution oriented, super reliable, engaged in the law and always has clear answers.

      Restructuring/Insolvency respondentEurope
    • He's very good at the security package and difficulties in connection to that.

      Restructuring/Insolvency respondentEurope
    • Bjørn is incredibly responsive.

      Restructuring/Insolvency respondentEurope
    • Bjørn Løtveit is good at following up on things.

      Restructuring/Insolvency respondentEurope
    • Bjørn Løtveit is a highly talented finance lawyer.

      Restructuring/Insolvency respondentEurope
  • Up and ComingErik Torjusen
    Up and ComingErik Torjusen

    Erik Torjusen

    Erik Torjusen advises debtors on bankruptcy proceedings. He is also knowledgeable acting for borrowers and lenders on refinancing and restructuring processes, in addition to debt collection issues.

    • Erik provides strong service delivery combined with good commercial awareness. He is responsive and accessible, and demonstrates the ability to understand business context and provide pragmatic advice.

      Restructuring/Insolvency respondentEurope
    • Erik is extremely decisive in the application of the relevant Norwegian law.

      Restructuring/Insolvency respondentEurope
    • He has a very good understanding of the problems to be solved, and good knowledge in the relevant law.

      Restructuring/Insolvency respondentEurope

Ranked Individuals at Kvale Advokatfirma DA (4)

Norway

Members

Provided by Kvale Advokatfirma DA

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