Åke J. Fors
Senior Counsel, Member of the Swedish Bar AssociationProfile
Since the late 1980s, I have assisted Swedish and foreign companies, public authorities and institutions with advice within a broad spectrum of law, primarily within the financial sector, and often with international connections.
My main areas of practice are finance law and arbitration. I also have substantial experience of insurance and reinsurance law. I have worked for more than 30 years within these areas of law, with employment in Sweden and the USA, and also otherwise internationally in court proceedings and transactions, such as project financing. On a number of occasions, I have been nominated as one of the foremost Swedish lawyers within finance law and company law (and on three occasions, most recently in May 2017, nominated one of Sweden’s foremost business lawyers by lawyer colleagues in the periodical Legally Yours). During more than 25 years I have taught at the Faculty of Law at Stockholm University, and have written articles on various legal subjects. I have also had a number of arbitrator appointments.
Head of Setterwalls’ financial market, banking, finance and insurance team during 2005-2020.
1987-,
Setterwalls
1987,
Hedberg & Johnsson Advokatbyrå
1985-1986,
Haight, Gardner, Poor & Havens, New York and Lillick & Charles, San Fransisco
1983-1985,
District Court of Stockholm, law clerk
1982,
University of Oslo, Maritime Law
1982,
Lund University, LL.M.
1981-1982,
Lund University, research assistant at the Faculty of Law president of the student council for law courses in Sweden and member of the School Board of the Faculty of Law in Lund
18 Jun 2021
Setterwalls has advised FNZ in the negotiations with Swedbank regarding a platform agreement09 Dec 2020
Setterwalls represented the single largest creditor in Nynas’ successful company reorganisation12 Nov 2019
Setterwalls assisted in the Thomas Cook bankruptcy regarding the sale of the Vingresor Group to new ownersExternal publications
2015
Author of International Securities Law Handbook, Kluwer law
2015
Author of the Swedish section of "International Insurance, Law and Regulation"
2015-2016
Author of commentaries to "The Instalment Sales of Goods Act between merchants and others", Stockholm
2014
Co-author on International Civil Fraud Thomson Reuters London
FEB 2014
Author of the Swedish section of Aircraft Finance, in Sweden
DEC 2012
Author of the Swedish section of "Aircraft Liens & Detention Rights in Sweden"
2010
Co-author International Securities Law Handbook, Kluwer Law
2004
Co-author of "Swedish and UK Takeover Regulations and Their Supervision - a Comparison of certain rules", Comparative Law Yearbook of International Business Vol. 26
2000
"International Business Acquisitions -major legal issues in Sweden", Kluwer Law, London
1998
"Maritime Liens in Sweden", Benedict on Admiralty, Vol.2
1995-1996
Co-author of "Swedish Loan Prohibition and Other Financial Rules", Comparative Law Yearbook of International Business, Vol. 17
APR 1995
"The New Maritime Code", the Baltic, London
1995
"Sweden's new Maritime Code", Maritime Transport International, London
”Åke Fors is knowledgeable in the subject and has good market knowledge.”
Legal 500
”I would absolutely recommend Mr Fors.”
Chambers Europe
”High-quality lawyer.”
Chambers Europe
”Åke Fors and Samuel Pihl are very responsive and provide practical solutions. They are easy to work with.”
Legal 500
”Åke J Fors has an extremely sharp mind and uniquely broad legal expertise. I would rely on his advice on anything from dispute resolution to insurance, banking and transactional matters.”
Legal 500
”Åke Fors has experience on the insured side of coverage claims. His wider practice extends to advising public sector pension providers on their interactions with the Swedish Financial Supervisory Authority. Clients appreciate his ability to give a "big-picture view" of matters, saying: "He is experienced and knowledgeable, so it is good to have a discussion with him on the different angles to consider."”
Chamber Europe
”Åke Fors is a very skilled lawyer.”
Legal 500
”Hard worker. Excellent competence. Solves problems.”
IFLR1000
”Åke Fors is acknowledged for his "long background," incorporating a good deal of international experience, in the insurance sector. He is further recognised for his handling of indemnity and, particularly, reinsurance matters for a clientele which notably includes insurance brokers and pension providers.”
Chambers Europe
”It was great to have him as an adviser to guide us.”
Chambers Europe
”He was always reachable and very knowledgeable.”
Chambers Europe
”Nominated to appear in the 13th edition as one of the leading Aviation lawyers worldwide.”
Expert Guides
”Han har unika kunskaper inom affärsjuridiken.”
Legally Yours
”The kind of lawyer you'd want on board due to his knowledge and experience, which is broad and deep. He has a good understanding of the appropriate business decisions.”
Chambers Europe
”He is very talented and experienced, and I like to work with or against him.”
Chambers Europe
”Knows us and what we need. He is great at negotiating and draws up documents that are appreciated by all sides.”
Chambers