{"id":3487,"date":"2022-07-07T09:43:04","date_gmt":"2022-07-07T09:43:04","guid":{"rendered":"https:\/\/haavind.no\/en\/kompetansen\/insolvency-and-restructuring\/"},"modified":"2023-11-27T13:48:50","modified_gmt":"2023-11-27T13:48:50","slug":"insolvency-and-restructuring","status":"publish","type":"expertise","link":"https:\/\/haavind.no\/en\/expertise\/insolvency-and-restructuring\/","title":{"rendered":"Insolvency and restructuring"},"content":{"rendered":"\t
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Insolvency and restructuring<\/h1>\n\n
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Our lawyers have extensive experience in handling the challenges faced by companies, management, owners and creditors when a business is in financial difficulties. <\/p>\n\n\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t\t\t

\n\t\t\t\tContact us<\/a>\n\t\t\t\tReferences<\/a>\n\t\t\t\tWe advise on<\/a>\n\t\t\t<\/div>\n\t\t\t<\/div>\n\t\n\n\n

While uncontrolled insolvency causes a loss in economic value for a business and its stakeholders, a successful restructuring ensures the business\u2019s long-term survival. Companies have several restructuring options at their disposal to tackle poor trading performance and unsustainable debt levels.<\/p>\n\n\n\n

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We find that Haavind’s team show great commercial understanding and care for all involved parties in difficult reconstruction and bankruptcy proceedings,<\/em><\/em><\/p>\nChambers & Partners<\/cite><\/blockquote>\n\n\n\n

Our restructuring and insolvency team regularly assist all types of parties in all insolvency related and distressed situations, reaching from restructuring, debt recovery, insolvency related liability cases and bankruptcy proceedings to reconstruction proceedings under the new, temporary act on reconstruction of companies in distress \u2013 \u201cThe Temporary Act on Reconstruction to Remedy Financial Distressed Caused by the Outbreak of Covid-19″.<\/p>\n\n\n\n

While uncontrolled insolvency causes a loss in economic value for a business and its stakeholders, a successful restructuring ensures the business\u2019s long-term survival. Companies have several restructuring options at their disposal to tackle poor trading performance and unsustainable debt levels.<\/p>\n\n\n\n

Our restructuring and insolvency team regularly assist all types of parties in all insolvency-related and distressed situations, reaching from restructuring, debt recovery, insolvency-related liability cases and bankruptcy proceedings to reconstruction proceedings under the new, temporary act on the reconstruction of companies in distress \u2013 \u201cThe Temporary Act on Reconstruction to Remedy Financial Distressed Caused by the Outbreak of Covid-19″.<\/p>\n\n\n\n

The unique diversity and wide range of capabilities that come from having extensive experience from all sides of the table allow for a solution-oriented and pragmatic approach to any distressing situation.<\/p>\n\n\n\t

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