LAWYER PROFILE

Wikborg Rein Advokatfirma AS

Leif Petter Madsen

Oslo, Norway

Europe Guide 2021

Ranked in 1 departments

Ranked in : Restructuring/Insolvency

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Lawyer Information

Lawyer profile for Europe 2021

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Europe

Restructuring/Insolvency - Norway

Band 1

Leif Petter Madsen regularly advises on large-scale debt restructuring mandates and substantial Norwegian bankruptcies. Clients say that "he has unrivalled experience in the field," with one source describing him as "pragmatic, business-oriented and calm in stressed situations."

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Practice Areas

Madsen is a Partner at Wikborg Rein's Oslo office. He is the senior member of the Restructuring and Insolvency team. Madsen's areas of expertise includes Insolvency Law, Bankruptcy and Restructuring, Litigation and Dispute Resolution.

Madsen has been appointed trustee in several major bankruptcies in Norway the past 25 years.

In 2003-2008, Madsen was appointed trustee in the Finance Credit system, the largest finance scandal in Norway.

From 2011 until 2016 Madsen administered the bankruptcy of Faktor Eiendom ASA with its 50 subsidiaries. In 2015 Madsen was appointed trustee in Sydvaranger Gruve AS. Recent assignments include the waste management company Veireno AS, the jewellery chain Panorama AS and the biggest Nordic music chain, Musical Retail Holding AS "4 Sound". In 2020 Madsen was appointed trustee in G Travel Norge AS, a major travel agency in Norway with several subsidiaries abroad.

Since 2016 Madsen has assisted financial institutions and companies under restructuring within supply and oil service as well as shipyards and ship owners.

Madsen has litigated several cases regarding management and auditor liability.

Madsen is admitted to the Supreme Court. He is also co-writer of the law commentary to the Norwegian creditors recovery act and to the Norwegian wage guarantee act.