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.
Testimonials
Collated independently by Legal 500 research team.
‘Best in the business when it comes to contentious insolvency matters. The team combines in-depth insolvency legal expertise with strong litigation skills. They are able to provide small and lean teams that can handle large and complex matters. Their pragmatism and commercial mindset makes them great sparring partners in every case. We always feel that we get great value for the work done.’
‘Large team with excellent professional and sector-specific knowledge.’
‘Arntzen de Besche has for many years specialised in insolvency cases and has experienced lawyers, specialists and a back office function. They have traditionally worked on the biggest cases in the region and have a good reputation with the district courts concerned.’
‘They are very solution-oriented and come up with good input for proposed solutions.’
‘Arntzen de Besche is one of the leading law firms in this field in central Norway.'
‘Stein Knut Tonning is an experienced bankruptcy trustee with a pragmatic approach.'
‘Stein Knut Tonning is a very experienced lawyer who mainly works with insolvency cases. He is active and problem-solving in his way of working.’
Key clients
- Reinertsen AS, the bankruptcy estate
- If P&C Insurance
- JP Morgan AG
- Nordea Bank Abp, Norwegian Branch
- Orkla ASA
- Air Montasje, the bankruptcy estate
- Hugaas Entreprenør AS, the bankruptcy estate
- Wie Montasje AS, the bankruptcy estate
- Bygg Design AS, the bankruptcy estate
- Fearnley Securities AS
- Arctic Securities AS
- Hugaasgruppen AS
- Stålsystemer AS
Work highlights
- Assisting Orkla ASA with the reorganisation of the group to establish an industrial investment company consisting of 12 individual portfolio companies with its own dedicated organisation.
- Assisting the bankruptcy estate of Reinertsen AS in a complex debt restructure and bankruptcy proceedings.
- Administering the bankruptcy estate of Hugaas Entreprenør AS, a Norwegian construction company specialising in building sports halls and arenas all over Norway. About 320 creditors and submitted claims of NOK526m.