Restructuring/Insolvency
Norway
4 years ranked
Provided by Advokatfirmaet Simonsen Vogt Wiig
Bjørn Åge Hamre has a broad background in corporate law with a great deal of experience in contract law, restructuring and insolvency in particular.
Bjørn Åge assists companies in connection with restructuring processes and negotiations, including transactions to secure businesses and reduce creditor losses. He also assists Norwegian and foreign companies, including banks and other creditors, in strategic decisions to safeguard their creditor interests. Since the Norwegian Restructuring Act was passed in 2021, Bjørn Åge has been involved in several of the restructuring cases instituted in Norway, advising both companies undergoing restructuring and creditors.
Bjørn Åge is regularly appointed by the District Court as trustee of a bankruptcy estate, and over the past ten years he has been trustee in some of the largest bankruptcies in western Norway. He also has extensive experience in consulting on contract issues and regularly assists clients in negotiations and contract drafting. Bjørn Åge is a member of the Norwegian Advisory Council on Bankruptcy. The Council issues statements on questions of principle relating to administration of estates and is a permanent advisory body to the Ministry of Justice and Public Security in the development of legislation in the field of bankruptcy and insolvency. In addition, it draws up guidelines that are followed by Norway’s courts and trustees.
Provided by Chambers
The Bergen-based Bjørn Åge Hamre is frequently appointed as administrator in matters involving the shipping and offshore sectors, as well as retail. He also acts as an expert witness in restructuring and insolvency cases.
Provided by Chambers
He is experienced and efficient, and has a great understanding of his role as reconstructor and administrator in bankruptcy estates.
Bjørn is a very fast-working person who understands the company's problems very well. He is attentive to the issues that may arise and proactive in terms of solutions, and he has an ability to understand the company's overall process.
He quickly understands the commercial context, gives clear and workable guidance and maintains a high level of sophistication throughout. This balance of expertise and pragmatism makes his advice especially valuable.
Bjørn Åge Hamre has exceptional knowledge of bankruptcy and insolvency proceedings.
He is always easy to get in contact with, and always gives good and clear guidance as to where our position is in the specific case and which steps we need to take to get into a good position.
Chambers is the leading data and intelligence partner for the legal sector.