Insolvency

Cirio Advokatbyrå AB

Cirio Advokatbyrå AB’s restructuring and insolvency practice continues to advise on a broad range of domestic and cross-border matters, including financial workouts, refinancings of distressed debt, insolvency-related litigation, and solvent and insolvent liquidations. Practice head Karl Björlin is often appointed by courts as a receiver in insolvency and restructuring proceedings. Pierre Pettersson regularly advises both debtors and creditors on distressed debt and cross-border insolvency issues; he is also regularly appointed by courts as receiver and administrator in insolvency proceedings. With over 30 years’ experience, Lars-Henrik Andersson is a key contact in the team, and Odd Swartling is noted for his experience in financial crises and formal restructurings.

Legal 500 Editorial commentary

Testimonials

Collated independently by Legal 500 research team.

‘Cirio has a good insolvency team with experienced people and is big enough to take on big assignments.’
‘Both Pierre Pettersson and Lars-Henrik Andersson are very experienced and talented. They often want to find quick pragmatic solutions in the cases they handle.’
‘Lars-Henrick Andersson is extremely well regarded and a brilliant operator and leader who has built an excellent offering at Cirio. He has great commercial awareness and is very well connected. Karl Björlin is also great and extremely responsive.'
‘The team is very experienced and well plugged in to the Swedish market and restructuring and insolvency community in Stockholm and London. They have a lot of experience of a breadth of insolvency and restructuring situations often involving cross-border issues. The team is user friendly and responsive and really good to work with.’

Key clients

Hisingens Industri & Skeppsservice AB (HISAB) and Ferm & Persson AB
Urb-it AB
Petroswede Europe AB
Bolagsspecialisten Sverige AB, Bolagsspecialisten Stockholm AB (Group)
Re:newcell AB
Kvalitena AB
Kungsängen Produktion AB
Scotch & Soda Sweden AB
Inzile AB (publ)
Teknikmagasinet SWE AB

Work highlights

Advising BolagsSpecialisten Sverige AB and BolagsSpecialisten Stockholm AB, together with a large number of related subsidiaries (roughly 375).
Acting as bankruptcy trustee for Teknikmagasinet SWE AB, the Swedish part of a retailer group with 60 stores (35 in Sweden and 25 in Norway).

Lawyers

Hall of Fame

The lawyers at the very top of the profession, widely known and respected by peers and clients for their longstanding involvement in market-leading work.