We are pleased to have acted as lead counsel for DNB Bank ASA as agent in the financing of DOF Group ASA's acquisition of Maersk Supply Service A/S.

Offshore wind projects will play an important role in meeting the world’s need and demand for sustainable energy going forward. Offshore wind projects make an attractive investment, due to, among other factors, their stable and heavily regulated nature, as well as their green profile and the possibility of long term cash flows.

Financing

Fisheries and Aquaculture

Restructuring, bankruptcy and insolvency

Shipping Offshore

Partner

Lars-Erik Østerbø is a partner at Wikborg Rein's Finance team, with international shipping, offshore, seafood, export and project financing as his main areas of expertise. He is also regularly engaged by lenders in matters related to restructuring and insolvency, as well as a broad spectre of traditional and untraditional lending and leasing structures.

Østerbø's primary focus is on Norwegian and international banks who are regularly participating in the Norwegian market, as well as Norwegian and international governmental export credit agencies. He also acts regularly for leasing houses and other financial institutions. As part of his practice, he provides strong and proactive project leadership, and he assists his clients with all aspects of the transaction. Østerbø's main legal expertise is within Norwegian contract-, security-, corporate-, and insolvency law, and his main business sector expertise is within shipping, offshore, seafood and banking. Due to the international nature of these sectors, Østerbø is very experienced with multi-jurisdiction transactions, and he has broad knowledge of and contact networks in most relevant jurisdictions.

Lars-Erik is ranked as up and coming within Shipping Finance at Chambers, where he is described as "very down to earth and good at handling complex matters".

Bergen

Next Generation Partners

Notable practitioner

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Lars-Erik's main area of expertise is ship finance, and he has broad experience within shipbuilding, chartering, loan documentation and export credit finance.

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Recognitions