With strength in export financing, aviation finance, and ship financing work, Advokatfirmaet Simonsen Vogt Wiig‘s broad banking and finance offering operates out of the firm’s offices across Norway. The ’pragmatic, knowable, and extremely effective‘ Halvor Klingenberg and Eivind Eliassen jointly lead the team from Oslo and Bergen, respectively. Peter Aall Simonsen takes point on large syndicated debt transactions as well as asset-based financings in the shipping and renewables sectors, working alongside the ’professionally strong‘ Stig Strand, while Christine Rødsæther is the key contact for cross-border transactions and restructurings in the maritime industry.

Legal 500 Editorial commentary

Testimonials

Collated independently by Legal 500 research team.

  • ‘They are effective and easy to work with and they have a pragmatic and commercial approach which makes them stand out.’

  • ‘We are particularly pleased with the work of Eivind Eliassen and Halvor Klingenberg. Halvor is notable in the Norwegian market and is pragmatic, knowable and extremely effective.’

  • ‘Very good knowledge on both finance, regulatory and industry. They take time to explain and go through everything with the client.’

  • ‘Simonsen is a very professional institution with deep (shipping) knowledge. They are always solution driven without sacrificing a lender's security position. They meet timelines, due to the proactive and very dedicated team.’

  • ‘We have dealt most with Peter Aall Simonsen and his team, specifically Sveinung Rostad. They are all excellent. The direct, person-to-person approach is welcome, and you always feel like you have the appropriate amount of partner attention.’

  • 'Stig Strand has an extremely good level of service. Professionally strong business lawyer with a broad shipping and finance background. Writes very well, and is proactive in relation to what should and must be done in various processes.'
  • ‘SVW frequently proves to have the most engaged prime tier legal partners, offering quality documents and sound business acumen in discussions while ensuring constant serviceability.’

Key clients

  • DNB Bank ASA
  • Nordea Bank Abp
  • Skandinaviska Enskilda Banken AB
  • Swedbank AB
  • ING Bank N.V.
  • NIBC Bank N.V.
  • Pareto Bank ASA
  • Maritime & Merchant Bank ASA
  • SpareBank 1 SR-Bank ASA
  • ABN AMRO Bank N.V.
  • Export financing Norway

Work highlights

  • Advised lenders such as DNB Bank, Nordea Bank and ING Bank on numerous bilateral and syndicated facilities relating to the financing of vessels owned and/or acquired by company groups such as Golden Ocean, Frontline, DHT and Songa Tankers/Blystad.
  • Advised Hima Seafood Rjukan AS on the project financing of an innovative land-based aquaculture project in Rjukan, Norway.
  • Advised Tibber AS and its subsidiary Tibber Norge AS on structuring and negotiating their financing arrangement for the purpose of financing the purchase of electricity in Norway.

Lawyers

Next Generation Partners
Junior partners with significant recognition from clients and peers in the market and key roles on multiple matters.

Practice head

The lawyer(s) leading their teams.

Halvor Klingenberg, Eivind Eliassen

Other key lawyers

Stig Strand, Peter Aall Simonsen, Sveinung Rostad, Christine Rødsæther