BAHR fields a practice with particular expertise in the corporate restructuring market, and the team frequently acts for Norwegian bondholders. Practice head Richard Sjøqvist is an expert in international financing work and restructurings, while Magnus Tønseth specialises in restructurings in the shipping and offshore markets and Jon Christian Thaulow is an insolvency litigator. The group also includes Daniel Jovanovic and Kristine Hjertenæs, who both act in complex multi-jurisdictional restructurings, as well as Steffen Rogstad, who frequently assists with complex negotiations and cross-border matters.

Kvale Advokatfirma DA's fully specialised insolvency and restructuring practice is ‘highly competent‘ and particularly sought after by clients for advice on bankruptcy and judicial restructuring proceedings; the team also assists banks with securing and recovering funds from customers in financial distress. Leading the practice, Stine Snertingdalen is an expert in insolvency and insolvency-related banking and finance mandates. The group also includes Tom Hugo Ottesen, who assists companies and banks with restructuring and refinancing matters; Thomas Piro, who advises on bankruptcy issues; and distressed M&A expert Anne Kjølseth Ekerholt. Bjørn Løtveit, who joined the firm in January 2023 and specialises in financing and collateral issues, and insolvency specialist Erik Torjusen, are also key contacts.

Ro Sommernes Advokatfirma DA's ‘very skilled‘ practice specialises in insolvency, restructuring and debt negotiations, and the team frequently advises debtors, creditors and mortgagees on corporate recovery matters. Practice head Håvard Wiker is a ‘new leading light‘ in the fields of restructurings, debt negotiations and bankruptcies. The group also includes ‘super adviser‘ Erik Sandtrø and the ‘driven‘ Nils Holger Koefoed, who both advise on general business law with a focus on acquisitions, debt negotiations and bankruptcy proceedings. Thomas Monsen and Harald Sommernes are also key contacts.

Advokatfirmaet Simonsen Vogt Wiig's ‘high quality‘ insolvency practice frequently acts for bankruptcy estates and is appointed as administrator on matters; it also advises banks and financial institutions on restructurings within the shipping, oil, offshore and aviation industries. Peter Aall Simonsen heads up the restructuring and insolvency department in Oslo and is a trusted adviser for banks, bondholders and creditors across a variety of industries. The group also includes Bjørn Åge Hamre, who leads the Bergen office and is an experienced court-appointed administrator; and Kristiansand-based practice head Asbjørn Breistein. Per Christian Eriksen, who is a well-regarded insolvency and restructuring practitioner with extensive experience in restructurings and bankruptcies, is another key contact.

Advokatfirmaet Thommessen AS fields a ‘uniquely qualified‘ practice, advising on financial restructurings, especially in the offshore, oil services and shipping industries. Practice head Kristoffer Hegdahl is an ‘extremely capable restructuring lawyer‘ with particular expertise in financial restructurings, financially distressed scenarios and workouts. Other notable practitioners include Halvor Mansåker, who works primarily with debt capital market transactions; Ellen Teresa Heyerdahl, who focuses on matters relating to bank and bond financings; and Frida Stene-Slotte, whose practice centres on debt capital market transactions and financial restructurings. Faraz Ahmed Ali, who ‘stands out and is always on top of all details’, primarily handles restructuring and insolvency matters within the shipping and offshore industries.

The ‘dedicated and skilled insolvency team’ at Wikborg Rein has expertise in both restructuring and insolvency mandates, and is particularly sought after for restructurings in the energy, shipping and offshore sectors. Practice head Kaare Christian Tapper has ‘an eye for details‘ and is a highly experienced practitioner in the insolvency and restructuring fields. The group also includes Stian Tande Mortensen, who specialises in debt financings with a focus on high yield bonds, direct lending transactions and financial restructurings; and Leif Petter Madsen, who is a competent litigator specialising in bankruptcies. The ‘experienced and solution-oriented‘ Sofie Vikse is a key practitioner in bankruptcy cases and advises companies and creditors on financial restructurings and insolvency issues, while Mira Levand Bergsland, who assists with bankruptcy and restructuring matters, is also recommended.

Advokatfirmaet Haavind AS assists with the full range of insolvency and distressed situations in a manner that is ‘efficient, hands-on and client oriented’. ‘Very skilled‘ practice head Ellen Schult Ulriksen is an insolvency specialist with particular expertise in restructurings, bankruptcy proceedings and creditor negotiations. Hans-Christian Donjem leads the banking and finance team at the firm, and is also active in the restructuring and insolvency space. Other notable practitioners include the ‘up-and coming and highly skillful‘ Karianne Evje Skiaker, who is frequently appointed as trustee of bankruptcy estates; and Christoffer Baisgård, who regularly assists with debt recovery work, debt negotiations and enforcement proceedings.

Advokatfirmaet Schjødt AS fields a ‘highly experienced and professional‘ practice, which frequently assists banks, financial institutions and bondholders with domestic and cross-border restructuring and insolvency matters. Practice head Egil Horstad is an insolvency and restructuring expert and litigator and has ‘excellent legal skills’. The team also includes Peter Bugge Hjorth, who specialises in out-of-court proceedings and complex distressed situations, as well as cross-border matters; and Siv Sandvik, who has expertise in the international insolvency field. Johan Henrik Nossum, who advises distressed companies in out-of-court restructuring proceedings and also acts as administrator for bankruptcy estates, is another key practitioner.

Wiersholm frequently assists debtors, banks and bondholders with restructurings in an ‘outstanding‘ manner, with sector-specific knowledge of the shipping, offshore and aviation industries. Group head Ståle Gjengset focuses his practice on advising industrial companies, financial institutions and investment banks on matters relating to financial restructurings, M&A and capital markets transactions. The team also includes Kristine Hasle, who is highly experienced in finance transactions and restructurings; debt financing expert Atle Gabrielsen; and Petter Thomren Moltu, who focuses on debt capital markets, banking and finance, and restructuring mandates. Ingrid Tronshaug joined the team in 2023 from Kvale Advokatfirma DA, and brings with her expertise in insolvency and restructuring law with a focus on bankruptcies.

Arntzen de Besche assists with a variety of insolvency and corporate restructuring matters, and has ‘excellent‘ sector-specific knowledge in the banking and finance, real estate, construction and media and entertainment industries. Practice head Trond Kildal is an insolvency and corporate recovery expert, and frequently acts for Norwegian and international banks, financial institutions and brokers. The ‘problem-solving and active‘ Stein Knut Tonning focuses on corporate restructurings, debt settlements and bankruptcy proceedings; and Vidar Løhre is highly experienced in matters relating to companies operating on the Norwegian continental shelf. Joar Grimsbu, who focuses on debt settlements, bankruptcy law and corporate restructurings, is also a key contact.

DLA Piper advises on a wide range of issues relating to insolvencies and restructurings, and is notably assisting the unsecured creditor committee for the Chapter 11 restructuring process of Scandinavian Airlines. Practice head Egil Hatling has extensive expertise in all aspects of restructuring and insolvency law, while Johan Ratvik is highly experienced in litigation and restructurings, as well as regularly acting as a court-appointed administrator in bankruptcies.

Selmer advises on a range of issues relating to insolvencies and restructurings, particularly in the shipping and offshore sectors. Team leader Tor Herdlevær is a financial restructuring specialist; Per Morten Christiansen focuses on financing, restructuring, securities and financial regulatory matters; and banking and finance practitioner Erica Blakstad is particularly strong in restructuring and insolvency matters relating to the bank and bond market.

Advising both domestic and international clients, CMS Kluge‘s team provides a wide range of legal services relating to bankruptcy and restructuring matters and ‘possesses a truly unique ability to quickly grasp the issues at hand’. Practice head Hans Ingvald Stensholdt is a competent litigator who assists creditors and debtors with restructuring and insolvency mandates, and Dag Thomas Hansson is a highly experienced financing and restructuring lawyer. Another key practitioner is Thea Killengreen, who has significant experience in corporate law, particularly capital markets work.

Ræder Bing has ‘strong professional knowledge‘ and advises on mandates relating to bankruptcies, restructurings and assets recovery work. Group head Anne Christine Wettre is singled out as an ‘outstanding‘ insolvency lawyer with specialist knowledge of monetary claims, regulations, and financial and debt collection company compliance. Erling Opdal is an experienced insolvency and restructuring lawyer, who frequently acts as trustee for bankruptcy estates, as does Anne Gro Enger, who is also an experienced tax lawyer.