Frank C. Aase is known for his expertise in restructuring and insolvency, banking/finance, and bankruptcy.
Frank has extensive experience assisting companies facing financial challenges. He provides support to banking and company clients as well as advice to various creditors about how to safeguard their interests.
Frank has considerable experience helping companies and creditors with restructuring/ reconstruction, capital injections, and other insolvency-related issues. He is also a specialist in board liability and has given several lectures on the subject to other lawyers through Advokatenes HR. He has broad knowledge about business and served as managing partner of Brækhus Advokatfirma.
Previously Frank has worked as an in-house lawyer for one of the largest banks in the Nordic region, Nordea, where he primarily supported the bank’s bad debt department. He has wide experience in financial restructuring, securing credit arrangements , default management, and various loss-reducing measures. He regularly gives lectures at various banks on loss limitation and risk management for exposed/defaulted engagements.
For the past eight years, Frank has been a member of the Norwegian Bar Association’s law committee for liens, bankruptcy, enforcement, voluntary arrangement and debt collection, serving the last two years as the committee’s chairman. Additionally, he is regularly appointed as a trustee in bankruptcy at the Oslo District Court handling a large number of bankruptcies every year.
Frank has been identified as a leading expert in restructuring and insolvency in Chambers Europe and in Commercial, Corporate, and M & A in Legal 500. He is also ranked as one of Norway’s top lawyers in the categories of Restructuring and Bankruptcy Law and described as «up & coming» in Banking and Finance in Finansavisen’s annual lawyer survey.
Chambers and partnersFrank is a solution-oriented lawyer who knows the law well and understands our business.
Chambers and partnersHe is highly appreciated by clients and peers for being a skilled and enthusiastic lawyer with extensive experience in financial restructuring matters.
Work experience
2024 | - | (today) | Partner, Advokatfirmaet Simonsen Vogt Wiig |
2016 | - | 2023 | Partner, Brækhus Advokatfirma (Managing partner 2019-2022) |
2015 | - | 2016 | Associate partner, Brækhus Advokatfirma |
2014 | - | 2015 | Lawyer, attorney and professional liability department, Tryg Forsikring |
2010 | - | 2014 | Lawyer, Group legal, Nordea Bank Norge |
2007 | - | 2010 | Associate/Lawyer, Brækhus Advokatfirma |
Education
2001 | - | 2007 | Cand. Jur., Universitetet i Oslo |
Appointments
2022 | - | (today) | Appointed as leader of the Norwegian Bar Association’s law committee for liens, bankruptcy, enforcement, voluntary arrangement and debt collection |
2016 | - | 2021 | Appointed as member of the Norwegian Bar Association’s law committee for liens, bankruptcy, enforcement, voluntary arrangement and debt collection |