Insolvency

DLA Piper Sweden

Client Satisfaction

DLA Piper Sweden’s restructuring and insolvency practice stands out for its ability to handle both domestic and multijurisdictional matters, including Swedish and US chapter 11 bankruptcies, restructurings, distressed debt financings, and winding up orders. The team has notable recent experience in the aviation, auto, retail, real estate, and energy sectors, among others. Practice head Jonas Premfors regularly acts as an administrator in bankruptcy estates, as a liquidator, and in relation to high-level company reorganisations. Erik Selander is noted particularly for his expertise in financial restructurings from a banking perspective, and Lars Wiking’s recent highlights include acting as administrator for a multinational solar energy company. Joakim Hedström and managing associate Sandra Andersson are also key contacts in the group.

Legal 500 Editorial commentary

Testimonials

Collated independently by Legal 500 research team.

‘The team has a very strong position in Sweden and the Nordics as well as in a much broader international context. They can assist you in practically all jurisdictions.’
‘Joakim Hedström is a true professional in both insolvency and litigation.'
‘Jonas Premfors is an experienced receiver.’
‘Erik Selander is a very knowledgeable insolvency practitioner with great experience of complicated in and out of court restructurings.'
‘Jonas Premfors stands out for his availability, efficiency, competence and pragmatism.'
‘They have a strong standing in the market.’

Key clients

Official Committee of Unsecured Creditors of SAS
The Body Shop Svenska Aktiebolaget
Castlelake L.P.
Azelio AB
Kaupthing ehf
Rushrail
ACE Options group of companies
Trinitas Fastigheter group of companies
It's Re:leased
S-bolagen AB and its subsidiaries (e.g. AB Minoritetsintressen)
Sisyfos Fastighetsförädling AB
Just Arrived AB and Just Arrived Sweden AB
Aligera Holding including Aligera Wind Group

Work highlights

Acting as local counsel to the Official Committee of Unsecured Creditors of SAS, the Scandinavian airline company, on the legal matters in Sweden, Norway and Denmark in connection with SAS' Chapter 11 process.
Acting as administrator for the Swedish branch of international retail firm The Body Shop. The company operates 30 stores in several parts of Sweden and also 20 franchise owned stores.
Acting as administrator for the multinational solar energy company Azelio AB (publ) listed at Nasdaq First North Growth Market in Stockholm.