Profile

Since the late 1980s, I have assisted Swedish and foreign companies, public authorities and institutions with legal advice across a broad spectrum of law, primarily within the financial sector and often with an international dimension.

My main areas of practice are banking and finance law and arbitration. I also have substantial experience in insurance and reinsurance law. I have more than 30 years’ experience in these areas, gained through roles in Sweden and the United States, as well as internationally, in litigation and transactions, including project finance. On a number of occasions, I have been recognised as one of Sweden’s leading lawyers in banking and finance and in company law, and on three occasions—most recently in May 2017—as one of Sweden’s top ten business lawyers in peer surveys conducted by the periodical Legally Yours. For more than 25 years, I have taught at the Faculty of Law, Stockholm University, and I have published articles on various legal subjects. I have also held a number of appointments as arbitrator.

Head of Setterwalls’ Banking & Finance and Insurance practice, 2005–2020.

Språk: English, German, Swedish, German

Karriär

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

Rekommendationer

  • “Åke Fors has fantastic competence and is a hard worker. He will always deliver value.”

    Legal 500

  • “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

Meriter

Case

Case | 23 May 2025

Setterwalls has assisted Soya Group in the acquisition of forest assets from Stora Enso

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Case | 04 Feb 2025

Setterwalls advised WALLENIUS SOL in connection with the acquisition of Mann Lines

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Case | 21 Jun 2023

Setterwalls has advised AP7 in the acquisition of shares in Urban Escape and Gallerian shopping center with a transaction value of approx. EUR 2.2 billion

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Case | 29 Jun 2021

Setterwalls advisor to Wallenius in the establishment of a 50/50 joint venture with Alfa Laval – AlfaWall Oceanbird – for the supply of wind propulsion solutions for sustainable shipping

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Case | 18 Jun 2021

Setterwalls has advised FNZ in the negotiations with Swedbank regarding a platform agreement

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Case | 09 Dec 2020

Setterwalls represented the single largest creditor in Nynas’ successful company reorganisation

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Case | 25 Mar 2020

Setterwalls has advised Norddeutsche Landesbank Girozentrale (Nord) LB on the 37 MEUR refinancing of the 94MW wind project portfolio VindIn

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Case | 12 Nov 2019

Setterwalls assisted in the Thomas Cook bankruptcy regarding the sale of the Vingresor Group to new owners

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Case | 29 Apr 2019

Setterwalls has assisted in the formation of the shipping company WALLENIUS SOL

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Case | 08 Feb 2019

Setterwalls has assisted the seller in connection with BAUHAUS' acquisition of Fredells Byggvaruhus

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Case | 10 Jan 2019

Setterwalls’ has assisted a consortium of shareholders when signing an agreement on restructuring of Bergvik Skog

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Case | 19 May 2017

Setterwalls advisor to Wallenius in the merger with Wilh. Wilhelmsen

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Case | 20 Apr 2011

Setterwalls’ client Erste Bank has successfully defended itself against a billion crown claim

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Artiklar

Financial Markets Report Winter 2015-2016
News | 01 Dec 2015

Financial Markets Report Winter 2015-2016

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Financial Markets Report Winter 2014
News | 11 Dec 2014

Financial Markets Report Winter 2014

Läs nyhet