Advokatfirmaet Schjødt AS
More informationAdvokatfirmaet 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.
Testimonials
Collated independently by Legal 500 research team.
‘Highly experienced and professional legal service in a very particular legal matter. They meet and to some extent exceed client expectations.’
‘Egil Horstad has excellent legal skills in a very complex manner. He is able to deal with complex legal matters in a professional and practical way.'
'Peter Hjorth is razor sharp and able to comprehend and turn the tables on any complex negotiation.'
'The diversity of the team allows it to excel.'
Key clients
- DNB Bank ASA
- Nordea Bank Abp
- SAS AB and SAS Norge AS
- Prosafe SE
- Nordic Trustee AS
- Archer Ltd
- Mime Petroleum
- Bardin Hill Investments LLC
- Altera Infrastructure Holdings LLC
- The Norwegian Banks Guarantee Fund
Work highlights
- Acted as administrator in the reconstruction proceedings in DOF ASA, and later as administrator in the bankruptcy estate of DOF ASA, where the DOF group had a debt of approximately NOK23bn, and DOF ASA separately had a debt of approximately NOK11bn.
- Advising as local counsel for the listed company SAS AB in connection with its financial restructuring and ongoing Chapter 11 process in the US.
- Assisted Archer Limited, a Norwegian oilfield services company, with completing its overall distressed refinancing and recapitalisation.
Lawyers
Practice head
The lawyer(s) leading their teams.
Egil Horstad