Leif Petter Madsen


About Leif Petter Madsen

Leif Petter Madsen is a Partner at Wikborg Rein's Oslo office. He is the senior member of the Restructuring and Insolvency team. Madsen's areas of expertise includes Insolvency Law, Bankruptcy and Restructuring, Litigation and Dispute Resolution.

Madsen has been appointed trustee in several major bankruptcies in Norway the past 25 years. In 2003-2008, he was appointed trustee in the Finance Credit system, one of the largest finance scandals in Norway.

From 2011 until 2016 Madsen administered the bankruptcy of Faktor Eiendom ASA with its 50 subsidiaries. In 2015 he was appointed trustee in Sydvaranger Gruve AS. Recent assignments include the waste management company Veireno AS, the jewelry chain Panorama AS and the biggest Nordic music chain, Musical Retail Holding AS "4 Sound". In 2020 Madsen was appointed trustee in G Travel Norge AS, a major travel agency in Norway with several subsidiaries abroad.

Since 2016 Madsen has assisted financial institutions and companies under restructuring within supply and oil service as well as shipyards and ship owners. In 2019-2021 he assisted in the restructurings of amongst others, Kleven Shipyard AS, Solstad Offshore ASA and Havyard Shiptechnology AS.

Madsen has litigated several cases regarding management and auditor liability.

Madsen is admitted to the Supreme Court. He is also co-writer of the law commentary to the Norwegian Creditors Recovery Act and to the Norwegian Wage Guarantee Act.

Work experience
  • 1991 -

    Partner, Wikborg Rein, Oslo

  • 1988 - 1991

    Legal practice in shared offices with Rime, Ro, Sommernes, Oslo

  • 1986 - 1987

    Deputy Judge, Larvik Sorenskriverembete

  • 1984 - 1986

    Associate, Rime, Ro, Sommernes, Oslo

  • 2008

    Admitted to the Norwegian Supreme Court

  • 1984

    Cand.jur., University of Oslo

  • Member of JUS, a professional committee for bankruptcy, composition, mortgages and pledges and accounts.

  • "Foretaksrett", ad Notam Gyldendal 1989

  • "Konkursr√•d", Justisdepartementet, 2001

  • Contrituor to the book 100 n√¶ringseiendomstips (100 commercial real estate tips), Wikborg Rein 2014