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.
Testimonials
Collated independently by Legal 500 research team.
‘Good local presence.’
‘Professional team.’
‘Up front and quick and at the same time at a high quality level.’
'Peter Aall Simonsen is very experienced. He responds immediately. I would like to highlight his precise, strategic and tactical legal knowledge and experience in this field.'
'Bjørn Åge Hamre does a good and effective job.'
‘They have knowledge and competency.’
Key clients
- ABN AMRO Bank
- DNB Bank
- Nordea Bank Abp
- ING Bank N.V.
- Eksfin (Norwegian Export Finance)
- The bankruptcy estate of Kleven Verft AS
- The bankruptcy estate of Norske Skogindustrier ASA
- The bankruptcy estate of Nordic Personell AS (IMO Offshore AS)
- The bankruptcy estate of Bergen Bunkers AS (a subsidiary of O.W. Bunkers)
- Hordaland tingrett (Court appointed trustees)
- Agder tingrett (Court appointed trustees)
- Air Lease Corporation
- Bank of America Leasing Limited
- Standard Chartered Bank
- The Norwegian Advisory Council on Bankruptcy
- The bankruptcy estate of Verada Marine AS
- The bankruptcy estate of Dale Fabrikker AS
- Fosen Seafarm Construction AS
- Termowood AS
- Curida AS
- Vestafjell AS
- The bankruptcy estate of Teknobad AS
Work highlights
- Acting as Norwegian law expert on behalf of the bankruptcy estate of Norske Skogindustrier ASA in complex insolvency proceedings before the United States Bankruptcy Court Southern District of New York.
- Advised Nordea Bank in connection with the second restructuring of Seadrill.
- Appointed administrator for the highly publicised bankruptcy estate of Kleven Verft AS.
Lawyers
Practice head
The lawyer(s) leading their teams.
Peter Aall Simonsen, Bjørn Åge Hamre, Asbjørn Breistein