Romerike Insolvency Forum, 16 September Programme and registration →

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Insolvency forum Romerike

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Halvorsen regularly encounters the same practical questions from business owners, accountants, auditors and banks about different life phases in a business: What do we do when things are going well? What do we do when liquidity is tight? When should the bank be involved? What steps can the board take and when is it too late? And how does the dialogue with the bankruptcy trustee work once bankruptcy is a fact?

Romerike has a lot of expertise in banking, accounting, auditing and management. At the same time, many people find that the threshold can be high for discussing demanding cases across professional environments, especially when the pace is fast and the risk picture is unclear. That's why Advokatfirmaet Halvorsen wants to establish a new network in Romerike which brings together stakeholders who are on the front line when organisations face financial challenges.

The network is particularly relevant for:

  • Accounting staff, accountants and auditors
  • Bank employees (credit, corporate market, default/follow-up)
  • Company managers and board members

Purpose of the sessions and relevant topics

The aim is to create a safe and useful meeting place that combines professional replenishment with practical examples. We want to share experiences so that decisions are made on the best possible basis for the benefit of both businesses, creditors and advisors. The meetings will be biannual with a low threshold for participation.

The network will particularly focus on issues within:

  • Insolvency and early intervention: warning signals, liquidity management, prioritisation of payments and liability assessments
  • Bankruptcy and the opening processWhat happens when things come to a head, what documents are needed, and how to handle operations in the «transition phase»?»
  • Contact and interaction with the trustee: expectations, information flow, asset protection, creditor interests and practical co-operation

We will also address the interface between legal assessments and what you work with on a daily basis: credit monitoring, financial reporting, auditors' assessments and management's room for manoeuvre.

Next collection - we want your input

Feel free to send suggestions for topics or issues you would like highlighted, for example:

  • When should you recommend restructuring and when should you prepare for bankruptcy?
  • Directors' liability and duty to act in the event of impending insolvency
  • Practical advice for dialogue with the trustee
  • Pledge, set-off, guarantees and priority issues in practice
  • Rescission and unlawful creditor favouritism

If you have any suggestions for the theme of the next meeting, or would like to be on the invitation list for Insolvensforum Romerike, you are most welcome to contact senior lawyer Cathrine Mindnes ([email protected]) or lawyer/partner Thomas Christian Wangen ([email protected]).

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