The offering at Cirio Advokatbyrå AB is led by Karl Björlin who has noteworthy experience acting as both bankruptcy trustee and as liquidator in various complex restructuring matters. The team's complex cases, which are often cross-border in nature, span various industry sectors, including retail and energy. Other important members of the team include specialist Lars-Henrik Andersson who frequently advises domestic and international financial institutions on various cases, and the 'outstanding' Pierre Pettersson who brings skills in relation to distressed debt issues and complex restructurings. Odd Swarting brings also brings expertise in financial distress cases.
Insolvency in Sweden
Cirio Advokatbyrå AB
Praxisleiter:
Karl Björlin
Weitere Kernanwälte:
Lars-Henrik Andersson; Pierre Pettersson; Odd Swarting
Referenzen
‘The insolvency team combines solid expertise with a pragmatic, solutions-oriented approach, that can be described in no other words than a ’no-nonsense‘ approach. They are consistently responsive, commercially astute and adept at handling complex cross-border matters. Their ability to provide clear, timely advice under pressure sets them apart in the market.’
‘Pierre Pettersson is an outstanding practitioner — exceptionally knowledgeable, highly responsive and commercially-minded. He combines sharp legal insight with solid integrity and absolute trustworthiness, earning the confidence of clients and counterparties alike. A trusted adviser in high-stakes situations, Pierre distils complex insolvency issues into clear, practical guidance. ’
‘I have used them several times and I’m always extremely happy the way they tend to treat you. They are much to the point, no nonsense. They also well understand the client’s situation. They are easy to work with.’
Kernmandanten
Office Depot Svenska AB
Teknikmagasinet SWE AB
eCom Teams Sweden AB
Urb-it AB
Petroswede Europe AB
Bolagsspecialisten Sverige AB, Bolagsspecialisten Stockholm AB (Group)
Sun4Energy Sweden AB and Niutech Sol och Energi AB
Libro Stålteknik AB and Blixthuset Stålhallar AB
Kavalleriet AB
Plagazi AB (publ)
RiVe Juridiska Byrå AB and AB C&P
Re:newcell AB
Mathem AB
tretton37 AB
NA-KD/ Nakdcom One World AB
CMS Wistrand
The well-established team at CMS Wistrand provides advice on complex restructurings and major insolvency cases, with clients spanning such industries as retail and construction. Stockholm-based Fredrik Thor and Gothenberg-based Jörgen Wistrand co-lead the team. Thor specialises particularly in handling insolvency proceedings, while Wistrand is regularly appointed as a bankruptcy administrator on major cases. Other key names include established expert Christian Bergqvist, Anders Nilsson and Nina Baecklund.
Praxisleiter:
Fredrik Thor; Jörgen Wistrand
Weitere Kernanwälte:
Christian Bergqvist; Anders Nilsson; Nina Baecklund
Referenzen
‘One of the top insolvency teams in Sweden, especially when it concerns insolvency litigation. CMS Wistrand is a solid traditional Swedish firm.’
‘Anders Nilsson is one of the most skilled trustees in Sweden with special knowledge in insolvency litigation. He has a solid reputation in the market and is known as a pragmatic and very technically skilled practitioner.’
‘Good team with large assignments.’
DLA Piper Sweden
Led by practice head Jonas Premfors who harnesses expertise handling complex restructuring proceedings, the team at DLA Piper Sweden advises a broad array of clients, the roster of which includes major airlines and energy companies. Lars Wiking is a key name who brings knowledge and skills across the full range of insolvency matters, with particular strengths in bond restructuring and wind-up cases. Other key names include Anders Svensson Clark, who is experienced handling both domestic and international work, and Sandra Andersson who specialises in wind-up procedures.
Praxisleiter:
Jonas Premfors
Weitere Kernanwälte:
Lars Wiking; Anders Svensson Clark; Sandra Andersson
Referenzen
‘The team is highly skilled with great legal technical skill and business understanding/judgement. The team has a good mix between senior and junior resources.’
‘I have worked with Anders Svensson Clark, whose capacity and commercial understanding stands out.’
‘What I really appreciate with this team is that they are highly experienced and professional, while staying very hands-on. I don’t get drowned in long theoretical memos – I get clear, practical advice I can use. Since we often end up in fairly complex cross-border situations, it makes a real difference that their international capacity is so well integrated.‘
Kernmandanten
Official Committee of Unsecured Creditors of SAS
The Body Shop Svenska Aktiebolaget
Azelio AB
Information & Kompetens i Sverige Aktiebolag
Northvolt Ett Expansion AB
Oscar Properties Holding AB
Kaupthing ehf
XNK Therapeutics (publ) AB
ReiRei AB
PEPTONIC medical AB (publ)
Castlelake L.P.
Highlight-Mandate
- Acting as local counsel to the Official Committee of Unsecured Creditors of SAS in connection with SAS‘ Chapter 11 proceedings before the U.S. Bankruptcy Court of the Southern District of New York and subsequent restructuring.
- Acting as administrator for the Swedish branch of international retail firm The Body Shop.
- Acting as administrator for the multinational solar energy company listed at Nasdaq First North Growth Market in Stockholm with approximately 40,000 shareholders.
Gernandt & Danielsson Advokatbyrå
With strong expertise in the insolvency space, Gernandt & Danielsson Advokatbyrå‘s team frequently advises on complex restructuring matters and major bankruptcy proceedings, with work regularly involving cross-border aspects. Advising on cost-saving programs in multi-jurisdictional contexts is a key feature of the team’s workload. Practice co-head Mikael Borg regularly advises on complex DCM restructurings, while fellow co-leads Björn Svensson and Sofie Viktorsson work on both contentious and non-contentious matters. Fredrik Haräng is another key name. Caroline Jägenstedt Wikman left the firm in September 2025.
Praxisleiter:
Mikael Borg; Björn Svensson; Sofie Viktorsson
Weitere Kernanwälte:
Fredrik Haräng
Referenzen
‘Clear market leaders on HY in Sweden, both new issues and restructurings.’
‘Mikael Borg is the go-to guy.’
Kernmandanten
CSC (Sweden) AB
DistIT AB
Ellos
Desenio
Boliden Mineral AB
Cohanzick
Go North
Plantagen
Midsummer AB
Swedbank AB
Magnolia Bostad AB (publ)
Nynas AB
Highlight-Mandate
- Represented CSC (Sweden) AB regarding unsubordinated hybrid capital securities in connection with SAS‘ cost savings programme „SAS Forward“.
- Advised DistIT AB in connection with a restructuring of its outstanding bonds by way of an issue of new shares of up to approximately SEK 168m.
- Advised on the complex restructuring of the complete debt and equity structure of Ellos.
Mannheimer Swartling
Mannheimer Swartling's team is co-led by Andreas Zettergren and Christoffer Monell. Stockholm-based Zettergren brings key restructuring experience, alongside his skills in energy project finance, whilst Gothenberg-based Monell brings experience on all aspects of formal reorganisation and bankruptcy proceedings in both domestic and cross-border contexts. Other key contacts include Daniel Karlsson who brings knowledge of financial issues, Johan Ljungberg who assists on cross-border matters, and Emelie Jivegård.
Praxisleiter:
Andreas Zettergren; Christoffer Monell
Weitere Kernanwälte:
Daniel Karlsson; Johan Ljungberg; Emelie Jivegård
Referenzen
‘Great knowledge and great collaboration skills.’
‘A highly dedicated team with deep sector knowledge.’
Kernmandanten
Trafikverket
SAS AB
Sheikh Mohammed Al Amoudi
Moroncha Holdings Co. Ltd
Markbygden Ett AB
Northvolt AB
Wellbred Trading SA
Highlight-Mandate
- Advised Northvolt and subsidiaries on its restructuring efforts, including in connection with their Chapter 11 proceedings in the United States.
- Acted for SAS AB in restructuring proceedings, including Chapter 11 proceedings in the United States.
- Acted for Markbygden Ett AB in connection with formal reorganisation proceedings, as well as negotiations with several key stakeholders aimed at finding a basis for a reorganization plan.
Roschier
The team at Roschier is headed up by Niklas Eriksson who provides strong advice on restructurings, insolvency, and banking and finance issues. The team’s clients include a major airline, construction companies, and financial institutions. Veronica Stiller and Markus Kern Fahlander are key members of the team; both bring expertise in international and domestic financial matters. Carl Brodén is another noteworthy member of the team; he brings further experience handling complex restructuring issues for high-profile clients. Johan Häger departed the team in August 2025.
Praxisleiter:
Niklas Eriksson
Weitere Kernanwälte:
Veronica Stiller; Markus Kern Fahlander; Carl Brodén
Referenzen
‘Hands-on, proactive, commercial and solutions-orientated.’
‘Carl Brodén gets stuck-in, is proactive and, importantly, is commercial. He is able to give practical and commercial advice and solutions, including where the law is new or untested. This makes him stand out.’
‘Carl Brodén is uniquely skilled at combining commercial work with practical insolvency matters.’
Kernmandanten
Nordea
Skandinaviska Enskilda Banken
DNB
Swedbank
Danske Bank
The Kingdom of Denmark
SIBS AB
Sunborn Finance Oyj
Ilija Batljan Invest AB
Pareto Securities
CSC
Fortaco Group Holdco Oyj
Nordic Trustee & Agency AB
Highlight-Mandate
- Advised the client in connection with SAS’s financial difficulties.
- Advising the steering committee for a syndicate of banks providing a super senior revolving credit facility to Intrum.
- Advising SIBS AB as issuer in respect of its capital structure restructuring.
Vinge Advokatfirman KB
The team at Vinge Advokatfirman KB is led by a trio of experts, being Stockholm's Fabian Ekeblad, Gothenberg-based Anna Palmérus, and Henrik Ossborn who is based in Malmö. Ekeblad has particular experience handling compulsory liquidations and complex restructurings, whilst Palmérus provides expertise handling the full range of insolvency issues. Another important name in the team is Morgan Hallén who has handling a variety of restructuring matters, including winding-up procedures and composition procedures.
Praxisleiter:
Fabian Ekeblad; Anna Palmérus; Henrik Ossborn
Weitere Kernanwälte:
Morgan Hallén
Referenzen
‘Unique competence and experience, gave very clear recommendations.’
‘Solid capabilities regarding finance law, more on the debtor side and loan agreements. Also has in-house capabilities regarding insolvency law.’
‘Anna Palmérus has first hand experience of acting as bankruptcy administrator which is useful also when providing advice regarding market practice and understanding of practical matters.’
Kernmandanten
Mckinsey & Co
Invesco Senior Secured Management
Nordstjernan Kredit
Intrum
Spiltan Högräntefond
Spiltan Aktiefond
Re:NewCell
RLS Global AB
Capital Four AIFM
Highlight-Mandate
- Advising the ad-hoc noteholders’ committee in respect of the financial restructuring of Cabonline Group.
- Advising Intrum AB on a holistic restructuring review of its entire EUR 5.5bn debt portfolio.
- Advising the board of the client during a distressed period of time leading up to the company’s application for bankruptcy.
Advokatfirman Fylgia KB
The practice at Advokatfirman Fylgia KB, led by Jakob Callmander, advises on the range of work. Its roster of clients includes EV manufacturers and retail companies. Mathias Winge is skilled in handling both domestic and international restructuring matters, and insolvency specialist Bo Söder is equipped to handle both contentious and non-contentious cases. Another key contact in the team is Tobias Gårderyd.
Praxisleiter:
Jakob Callmander
Weitere Kernanwälte:
Mathias Winge; Bo Söder; Tobias Gårderyd
Referenzen
‘Extremely good and broad experience. Very good understanding of the business needs.’
‘The firm has a long history and has a strong focus on traditional insolvency matters.’
‘Mathias Winge can find or create solutions in tough situations.’
Kernmandanten
Fudd Finans AB
Nordic Finance AB
Advokatfirman Schjødt
The practice at Advokatfirman Schjødt handles the range of restructuring and insolvency matters for its clients, the portfolio of which spans industries including construction, retail and real estate. Practice head Emma Berglund Uväng handles complex insolvency matters. Hans Renman, bankruptcy and restructuring expert Johan Hörnberg, and Tommy Hallsten are all key contacts. Johan Linder left the firm in June 2025.
Praxisleiter:
Emma Berglund Uväng
Weitere Kernanwälte:
Hans Renman; Johan Hörnberg; Tommy Hallsten; Henrik Resare
Referenzen
‘Very experienced team with stars Emma Berglund Uväng and Hans Renman.’
‘Emma Berglund Uväng is one of the top insolvency practitioners in Stockholm. Easy to work with, pragmatic and has a long standing solid reputation in the market. Hans Renman is very academically skilled in insolvency related topics. ’
‘The team have a broad experience in insolvency practice and certain lawyers bring in depth expertise in specific areas ensuring high quality and reliable advice. The team has a strong teamwork where lawyers leverage each other’s strengths.’
Kernmandanten
Libergs Sweden AB
Odd Molly Sverige AB
Brothers AB
Mathesa Group
Aktiebolaget Nyåkers Pepparkakor
Cura of Sweden AB
Picsmart AB
Wayoo Tech Sweden AB
Tebrito AB
AB Mando
Vinden Group
Stay Creative AB
Mackmyra Svensk Whisky AB
Sätra Centrum Fastigheter AB
Triwa AB
Nova Airlines AB
Highlight-Mandate
- Managed the restructuring proceedings of company Libergs Sweden AB.
- Managed the restructuring proceedings of Brothers AB.
- Managed the restructuring proceedings of Aktiebolaget Nyåkers Pepparkakor.
Advokatfirman Cederquist KB
The team at Advokatfirman Cederquist KB advises its clients, the list of which includes energy companies and financial institutions, on the wide array of matters. At the team’s helm is Per Henriksson who has noteworthy banking and finance expertise and advises on the full gamut of restructuring and insolvency issues. Another key member of the team is Berndt Pettersson who has worked on a variety of complex restructurings and brings particular skills in international matters.
Praxisleiter:
Per Henriksson
Weitere Kernanwälte:
Berndt Pettersson
Referenzen
‘Per Henriksson is a fantastic partner who is incredibly collaborative and has exceptional commercial understanding. He, amongst others, has been key on our recent work under Swedish law.’
Kernmandanten
Ellos Group AB
Markbygden Ett AB
Midaq AB
Mathem i Sverige AB
Nordic Trustee & Agency AB
Deutsche Bank
Nordea Bank Abp, filial i Sverige
DNB Bank ASA, Sweden Branch
Swedbank AB
Danske Bank AS, Danmark, Sverige Filial
Nordic Environment Finance Corporation
Highlight-Mandate
- Advised the secured lenders in connection with the insolvency of the Northvolt group and the enforcement over the assets of the group.
- Advised Markbygden Ett AB in connection with its restructuring of its senior debt and hedging debt.
- Advised the bondholders in connection with the insolvency of Kvalitena AB.
Setterwalls
The team at Setterwalls is led by Stockholm-based Mikael Magnusson, alongside Christian Andersch and Kenneth Nilsson, both of whom are based in Gothenberg. The team regularly advises on complex restructuring and insolvency cases, and brings a broad range of experience in recapitalisation and conversion of existing debt obligations. Its workload spans industry sectors from real estate to retail. Other key team members include Carl Lindencrona and Johan Strömbäck.
Praxisleiter:
Mikael Magnusson; Christian Andersch; Kenneth Nilsson
Weitere Kernanwälte:
Carl Lindencrona; Johan Strömbäck
Snellman
Snellman's group handles a range of restructuring and bankruptcy cases for its clients. The team is led by Fredrik Olsson who has noteworthy experience handling various complex financing and restructuring matters. Carolina Wahlby specialises in advising on insolvency-related transactions, with a particular focus on corporate workouts, while Johan Wahlund harnesses capabilities in disputes.
Praxisleiter:
Fredrik Olsson
Weitere Kernanwälte:
Carolina Wahlby; Johan Wahlund; Pontus Ewerlöf; Oscar Bengtsson
Kernmandanten
Castlelake, L.P.
Highlight-Mandate
- Acting as counsel to Castlelake, L.P. in connection with Scandinavian Airlines Systems US Chapter 11 process and reorganisation under Swedish law.
Merino Advokatbyrå
The boutique insolvency offering at Merino Advokatbyrå is led by its ‘very skilled’ founder Leonardo Merino. Key members of the team include construction sector specialist Lars Ehrstedt who is highly regarded for his ‘unmatched experience’, and Linnéa Karlsson who acts on the breadth of matters across the range of industry sectors.
Praxisleiter:
Leonardo Merino
Weitere Kernanwälte:
Lars Ehrstedt; Linnéa Karlsson
Referenzen
‘A niche firm concentrated on insolvency law and bankruptcy administration with high capability, skills and competence. The team is highly devoted to finding ways to getting the best result for creditors.’
‘Leonardo Merino is one of the very best bankruptcy administrators based on his devotion to finding ways to achieve the best results. Well-known for his legal skills and ability to use them for practical purposes and for finding pragmatic ways to resolve difficulties.’
‘Merino Advokatbyrå’s insolvency practice is unique in combining the unrivalled authority of Lars Ehrstedt with the dynamism and vision of Leonardo Merino. Together, they form a practice that few other firms in Sweden can match. For decades Lars has shaped the field with his unmatched experience, judgment, and strategic insight. Clients and peers alike recognise him as a true senior statesman whose voice carries authority in the courtroom, in negotiations, and across the profession.‘
Kernmandanten
Parkgate AB
GLHF Entertainment AB
Esports Pulze AB
Företagarna
GOYADA
Bröderna Jansson Nissavarvet AB
Visbyark AB
Studio Krog AB (Restaurang Rummel)
Viospatia AB
Panprices AB
G.A.D.
Garde Frindarve
Ahlqvists Brunnsborrning AB
EP Motorcenter
RR Tak Teknik AB
Bulletin AB
Eliva Mätteknik AB
Lvls Digital II AB
Sesimbra AB
MångSysslarFirman i Märsta AB (MSF AB)
Re:Market Gotland AB
Lil Toys AB
Highlight-Mandate
- Acting as a bankruptcy trustee for Parkgate AB in a cross-border insolvency case in the property sector.
- Acting as a bankruptcy trustee for GLHF Entertainment, a former gaming content agency.