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Restructuring, insolvency and bankruptcy
We assist all types of companies, banks, credit institutions, and private individuals, both nationally and internationally, who are experiencing various financial crisis situations.
Legal expertise in insolvency law
We assist businesses, banks, credit institutions, corporate management, boards, owners, and private individuals with legal challenges of varying complexity. Our advice is always tailored to the client’s needs, and we assemble dedicated teams to ensure maximum value in every assignment.
With solid experience in insolvency law, our lawyers provide comprehensive and efficient support at all stages of the process. We have a strong reputation as bankruptcy administrators, restructuring supervisors and investigation leaders, and our lawyers are regularly appointed to these roles.
Our services include, among other things:
Company review, including identification of issues and realistic action alternatives in crisis situations
Assessment of companies' and the board's/management's scope of action, including advising owners, the board and management
Financial and/or structural restructuring (reorganization) of solvent and insolvent businesses
Assessment preperation of loan agreements, collateral arrangements and security documentation
Assignments as bankruptcy administrator or reconstruction supervisor in restructuring proceedings
Assistance to parties affected by bankruptcy/reconstruction/restructuring/refinancing
Assessment of transactions prior to bankruptcy (avoidance issues)
Purchase and sale of businesses in and outside bankruptcy
Securing creditor interests; interim injunctions/attachments, petitions for debt settlement, bankruptcy, or reconstruction, filing of claims, etc.
Debt collection and enforcement of claims
International insolvency law matters
Investigation management
Great rankings and satisfied clients
Bull's team in restructuring, insolvency and bankruptcy is ranked in The egal 500 andChambers Europe. Additionally, the team also performs exceptionally well in Kapital Jus' Lawyer Survey.
Bull's client service is great. They are extremely solution-oriented and has gone to great lengths to help us. The team have come up with good and strategic solutions for us.
The law firm has a well-reputed and experienced insolvency team. The lawyers are skilled and hard-working. They reach extremely good legal conclusions in complex cases.
Bull's team stands out for its combination of deep legal expertise and an empathetic, client-centred approach. They are not just focused on the legal outcome but also on ensuring the best possible solution for all stakeholders involved.
The lawyers have a very good understanding of the business and problems regarding insolvency/debt negotiations and cases regarding suits for damages.
Bull's client service is great. They are extremely solution-oriented and has gone to great lengths to help us. The team have come up with good and strategic solutions for us.
The law firm has a well-reputed and experienced insolvency team. The lawyers are skilled and hard-working. They reach extremely good legal conclusions in complex cases.
Useful insight
This is how the Norwegian Reconstruction Act can resolve deadlocked shareholder conflicts.
When financial challenges threaten a company, the Reconstruction Act can be the solution.
The Act provides opportunities to restructure debt and capital more flexibly, often yielding better outcomes than bankruptcy. It can also resolve deadlocked shareholder conflicts and reduce capital requirements.
Efforts are underway to improve its accessibility, and with potential legislative changes on the horizon, the Act could become an even more vital tool for companies looking to start anew.
Does the board have room for action when the company's financial performance is negative?
According to case law, the board has a certain room for action, even when the financial situation is so negative that the board's duty to act has been triggered.
Is it possible to purchase businesses from bankruptcy estates?
Yes, it is possible. When purchasing a business from a bankruptcy estate, the debt belonging to the company will typically remain with the estate unless otherwise agreed between the parties. This often makes it more advantageous to take over a business after bankruptcy.
How do I proceed if someone owes money and can't pay?
If attempts to recover the outstanding amount have been unsuccessful, you can petition for the debtor's bankruptcy. We can assist with drafting the bankruptcy notice and the bankruptcy petition.
