To practices

Restructuring and Insolvency

Simonsen Vogt Wiig has a considerable practice in restructuring and insolvency.

We assist companies and creditors with distressed situations, both in Norway and in other jurisdictions. We are particularly experienced with assisting banks and syndicates with defaulted loans, including with negotiating and completion of restructurings, securing creditor interest, debt recovery, enforcement of security and takeover of companies and assets.

Our lawyers are experienced with operations, resale and termination after such takeover and are also appointed as board members in companies which are controlled by the creditors.

Simonsen Vogt Wiig continuously handles a considerable number of bankruptcy estates and our bankruptcy lawyers are regularly appointed as trustees for major and complex bankruptcies. We additionally have considerable experience in directors’ liability cases.

Clients appreciate the team's excellent client service, with one reporting that their performance is exceptional and it's been great to have such experienced and competent lawyers to consult with.

- Chambers and Partners

Core contacts

Peter has expertise in debt restructurings and corporate insolvency.
Bjørn Åge has extensive experience in insolvency and financial restructuring. He regularly advises companies on board-level in restructuring processes and negotiations, including transactions to secure businesses and reduce credit losses.
Nils Håkon primarily works with corporate restructurings, debt settlement and bankruptcy proceedings. He is widely experienced in probate law, both as a retained counsel for private probate and as a court appointed probate administrator.
Arne has broad experience in assisting restructuring and insolvency projects. He has experience in assisting savings banks as well as other large and small parties connected to demanding debt obligations, bankruptcy, guarantees etc.
Asbjørn has experience in insolvency and financial restructuring. He regularly advises companies on restructuring processes and negotiations, including transactions to secure businesses and reduce credit losses.