Banking and finance (including shipping finance)

Advokatfirmaet Schjødt AS

With notable strength in shipping finance, the banking and finance team at Advokatfirmaet Schjødt regularly handles a broad range of financial matters for clients in the offshore, oil and gas, real estate, and infrastructure sectors. The team is jointly led by Peter Bugge Hjorth and Kaare P. Sverdrup; Hjorth focuses his practice on restructuring and insolvency work and financing litigation, while Sverdrup, who joined the firm in 2023 from Wiersholm, assists large corporates and borrowers with various forms of financing, including project financings and refinancings. Camilla Skøie Mørkve is a key contact for ship financing and also handles high-yield bond and direct lending mandates, while Erlend Brun Bakken is a key name for clients in the oil and gas sector. Sunniva Kinsella joined the practice in 2024 from Advokatfirmaet Simonsen Vogt Wiig.

Legal 500 Editorial commentary

Testimonials

Collated independently by Legal 500 research team.

‘A very strong competence in the area combined with swift, pragmatic and short response and handling time. Particularly the pragmatic approach that has saved us hours on the assignments, and the network towards the other legal firms that enable a good dialogue where the best way forward can be agreed before the process starts.’
‘I work with Camilla Skøie Mørkve. I find her very competent, accurate and easy to talk to. She is always prepared, she is good at explaining legal logic to a layman and translate legal agreements. She is available when required and takes the time necessary.’
‘Excellent availability, experience and knowledge about our industry and corresponding financing solutions.’
‘Erlend Brun Bakken; Honest feedback/excellent commercial understanding/solutions oriented.’

Key clients

HitecVision
Nordea Bank
Skandinaviska Enskilda Banken (SEB)
Crayon Group Holding ASA
Nordic Trustee AS
Transocean
InfraNode
DNB Bank ASA
Danske Bank A/S
Clarksons
Arctic Securities
Pareto Securities
Altor
Meltwater
ABG Sundal Collier

Work highlights

Assisted all the lenders (Nordea Bank Abp, filial i Norge, Skandinaviska Enskilda Banken AB, Danish Ship Finance, SMBC Bank International plc and ABN AMRO Bank N.V.) to Wallenius Wilhelmsen ASA with the refinancing of all of its existing debt relating to its shipping businesses.
Assisted the finance parties, Crédit Agricole Corporate and Investment Bank (CA-CIB) as Agent and Maquarie Capital (Europe) Limited as Sponsor, in connection with the largest PPP project ever in Norway (the RV555/Sotra Link project).
Assisted a consortium consisting of Deutsche Bank AG, Cross Ocean Partners and TSY Group Ltd. (a subsidiary of Seatankers) with the acquisition of NIBC Bank N.V.'s and ABN AMRO Bank N.V.'s portfolios of loans/facilities in the offshore sector.

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