Firms To Watch: Insolvency

DreistStorgaard Advokater A/S‘ expertise spans a varied range of insolvencies and bankruptcies, acting for a mixture of Danish and international business. Søren Storgaard and Johnny Madsen lead the team from Køge and Aarhus, respectively.

Insolvency in Denmark

Accura Advokatpartnerselskab

Accura Advokatpartnerselskab is well-known for its heavyweight transactional focus and acts on behalf of international financial institutions, private equity funds and the financial sector such as banks, accounting firms and pension funds on an entire spectrum of cross-border work in the insolvency and restructuring arena. M&A restructuring is a core specialism of the group, headed up by ‘outstanding insolvency practitioner’ Søren Aamann Jensen, a leading name for restructuring of failing businesses and within complex financing issues.

Responsables de la pratique:

Søren Aamann Jensen


Autres avocats clés:

Charlotte Damsbo Lose


Les références

‘Both Søren Aamann Jensen and the team members are very experienced and efficient.’

‘The team has vast experience in high-profile insolvencies.’

‘Søren Aamann Jensen is an outstanding insolvency practitioner.’

Principaux clients

Danske Bank


Sydbank


Finansiel Stabilitet


Realkredit Danmark


Nordea Bank


Jyske Bank


Skandinavia Enskilda Banken (SEB)


Nykredit Bank


Spar Nord


Sparekassen Kronjylland


Principaux dossiers


  • Appointed co-trustee by the Danish Financial Supervisory Authority in connection with the bankruptcy of Gefion Insurance.
  • Appointed co-restructuring administrator in connection with the restructuring proceedings of Feast Kitchen (Simple Feast).
  • Appointed trustee in connection with the bankruptcy of TFP Ciconia Fertility ApS.

DLA Piper Denmark

DLA Piper Denmark’s finance, projects and restructuring team is known in the marketplace for being ‘very skilled, business-minded and always ready to work on finding solutions for the clients and cases they are working on’. The specialist Nordic practice group routinely handles all aspects of cross-border restructuring and insolvency matters. Three lawyers jointly head the department: distressed business expert Henrik Sjørslev and Jørgen Flodgaard lead alongside Per Astrup Madsen, who is a key contact for ongoing bankruptcy estates and in-court restructurings. Agricultural-sector restructuring specialist Trine Hasselbalch is another key member of the team.

Responsables de la pratique:

Henrik Sjørslev; Per Astrup Madsen; Jørgen Flodgaard


Autres avocats clés:

Trine Hasselbalch; Per Buttenschøn; Henrik Lund-Koefoed; Peter Hedegaard Knudsen


Les références

‘Peter Hedegaard Knudsen and Henrik Lund-Koefoed are excellent in familiarising themselves with the specific issues we run into, and they are also good at conveying comprehensible answers.’

‘The DLA restructuring and insolvency team is great. They are very skilled, business-minded and are always ready to work on finding solutions for the clients and cases they are working on. They are well-connected and ready to use it advantageously for their clients.’

‘Trine Hasselbalch is skilled when it comes to finding solutions for her clients, also in complex matters. She is hardworking and has extensive experience in all aspects of restructuring and insolvency legal issues.’

Principaux clients

The Danish Guarantee Fund for Non-life Insurers (Garantifonden for Skadesforsikringsselskaber)


The Official Committee of Unsecured Creditors to the SAS Group Chapter 11 cases


The ATP Group


PFA Invest


SEB Invest


AB Invest


Finans Denmark


Danske Bank A/S (Realkredit Danmark)


Sydbank A/S


Ringkjøbing Landbobank A/S


Sparekassen Sjælland-Fyn A/S


Danish Guarantee funds for uninsured claims (DFIM – Dansk Forening for International Motorkøretøjsforsikring)


Raiffeisen Bank


Swiss Re Group


KHR Architecture A/S


Playground ApS


Karma Sushi ApS, Taqueria ApS and Dan Gastro ApS


Repeat Fitness (Fitnesskæden af 25. Januar 2021 A/S in bankruptcy)


Tribe Hotel Management Danmark A/S


B. Nygaard Sørensen A/S


Anker Hansen & Co. A/S


Food Alien A/S and its subsidiaries


Kompleet Bygning & Inventar A/S


Europa Frugt ApS


C5 VVS-teknik A/S


Hans Christian Halmø in bankruptcy


Nørmark Food A/S in bankrupcy


Simple Feast (Feast Kitchen A/S)


Principaux dossiers


  • Advising the Unsecured Creditor’s Committee on all Danish legal matters in relation to the pending chapter 11 bankruptcy cases of the SAS Group.
  • Assisting Ausmark ApS with the voluntary solvent liquidation of the company behind the Danish chain of Domino’s Pizza restaurants, following their decision to withdraw all their activities in Denmark, including approx. 30 restaurants.
  • Appointed as trustee of Kurt Skare Holding ApS in bankruptcy. The company acted as top holding company for the Skare Group, a major Danish meat production/slaughterhouse operator with yearly revenue exceeding 1 billion DKK of which almost all the companies were declared bankrupt in February 2023.

Gorrissen Federspiel

Gorrissen Federspiel is frequently engaged on high-end Danish restructuring and bankruptcy matters, handling domestic and cross-border issues stemming from insolvency cases including out-of-court restructurings, debt workouts and liquidations. The group’s robust client list counts Danish and Nordic banks, alongside major international financial institutions. Practice head John Sommer Schmidt acts as liquidator, restructuring administrator and trustee for large, Danish bankruptcy estates as well as acting for financial institutions. Renowned insolvency lawyer Lars Grøngaard is known for his experience in assisting domestic and foreign creditors with the collection of their outstanding balances. Morten Hans Jakobsen is a key point of contact for restructuring and workouts, whilst Preben Jakobsen’s practice emphasises reorganisation proceedings and distressed M&A.

Responsables de la pratique:

John Sommer Schmidt


Autres avocats clés:

Lars Grøngaard; Preben Jakobsen; Morten Hans Jakobsen; Kristian Gammelgaard Møller


Les références

‘Our partnership has been nothing short of exceptional. Their innovative approach and deep expertise in technology law have proven to be invaluable assets throughout our journey. From the inception of our project to its completion, we have enjoyed a seamless and productive collaboration.’

‘Gorrissen Federspiel has a strong practice with a very good reputation among market participants, including representatives of the judiciary. Members of the practice are often nominated by Danish courts as insolvency office holders for Denmark’s largest and most difficult insolvency proceedings, in particular those of a cross-border nature. This is one of the top restructuring and insolvency practices in Denmark.’

‘Preben Jakobsen is extremely competent. He clearly formulates thoughts and remains calm even in the most difficult negotiations. He is very good at managing complex projects. Furthermore, he is seen as one of the leading lawyers in this area in Denmark.’

Principaux clients

Danish State Investment Fund (Vækstfonden)


Nordea Bank Denmark


SEB Denmark


Nykredit


Swedbank


Realkredit Danmark


Jyske Bank


Danske Bank


Danish Tax Authority


Principaux dossiers


  • Acting as leading Danish counsel for Nordic Aviation Capital, the world’s largest regional aircraft lessor, after it experienced severe financial distress due to mainly the Covid-19 ramifications calling for global financial restructure worth up to USD10 billion.
  • Advising the major financial creditors in respect of the distressed financial situation of TOP-TOY, previously the biggest toy retailer in the Nordics, in what was the biggest ever restructuring in Denmark based on the number of employees.
  • Advising the major financial creditor of Apollovej ApS, a company owning a well-known shopping centre, and lienholders in the property. As key creditor and lienholder, our client plays a controlling role to facilitate the restructuring solutions.

Kromann Reumert

Kromann Reumert’s large-scale insolvency and restructuring practice group fields a deep bench of specialist practitioners, capable of handling complex insolvency, restructuring and estate administration mandates alongside offering broader transactional expertise, including in M&A and financing. Christian Jul Madsen and Teis Gullitz-Wormslev jointly lead the department. Madsen is a key contact for a broad range of issues, including restructuring, bankruptcy, liquidation, compulsory composition, voluntary credit arrangements and transaction-related agreements. Gullitz-Wormslev has extensive experience in the financing of businesses, including acquisitions and financing of various types of assets, and is praised as ‘calm and solution-oriented in difficult situations’.

Responsables de la pratique:

Christian Jul Madsen; Teis Gullitz-Wormslev


Autres avocats clés:

Kamilla Krebs; Andreas Boe Laulund


Les références

‘Highly reliable and high competence level, and strong network with key financial institutions.’

‘Kamilla Krebs and Teis Gullitz-Wormslev are highly reliable and competent.’

‘Very good business and insight.’

Principaux clients

Danske Bank


Nordea


Nykredit


Jyske Bank/BRF Kredit (Jyske Realkredit)


Finansiel Stabilitet


Sydbank


SparNord Bank


EIFO (formerly Vækstfonden and EKF)


Saxo Bank


Ringkjøbing Landbobank


Vestjysk Bank


Danske Andelskassers Bank


Merkur Andelskasse


Principaux dossiers


  • Acting as restructuring administrator for Lauritz.com.
  • Acting as restructuring administrator and liquidator for SiccaDania.
  • Advised majority creditor Saxo Bank on the liquidation of Bikeshare Denmark.

Poul Schmith

Poul Schmith is well-known for its longstanding status as trust adviser to the Danish State, but also works on behalf of a robust private-sector client base on the full spectrum of complex insolvency matters, including inter-creditor agreements and debt restructurings, among others. Practice head Boris Frederiksen’s practice encompasses the entirety of insolvency law, and is praised as a ‘mastermind when it comes to strategy and a cool, straight hitting negotiator’. ‘Wonderful, cool-headed litigator’ Cathrine Wollenberg Zittan is an important point of contact for matters concerning asset tracing work, debt collections and cross-border insolvencies.

Responsables de la pratique:

Boris Frederiksen


Autres avocats clés:

Jesper Saugmandsgaard Øe; Rune Tandgaard Derno; Cathrine Wollenberg Zittan


Les références

‘They have a deep and profound understanding of the insolvency legislation, and were not afraid of going the extra mile.’

‘The team are well-educated and driven to deliver excellence at all times. They are a force to be reckoned with.’

‘Boris Frederiksen is a mastermind when it comes to strategy and a cool, straight hitting negotiator. You want him on your side in any discussion.’

Principaux clients

The Danish Tax Authorities


The Danish Financial Supervisory Authority


The Commissioners for HMRC


The Employees’ Guarantee Fund


The Danish Guarantee Fund for Non-life Insurers


The Travel Guarantee Fund


Vækstfonden (The Danish Growth Fund)


Nordea A/S


Sydbank A/S


Danske Bank


Jyske Bank A/S/


Nykredit Bank A/S


Altor Fund II


Principaux dossiers


  • Assisted the client in relation of a) the development of a new IT system for collection of taxes; and b) the assessment of claim validity and data quality in respect of claims that have been transferred to the Danish tax authorities in its capacity as debt collection authority.
  • Advising the Danish tax authorities on the recovery of unjustified refunds of withheld dividend tax for a total amount of DKK12.7 billion.
  • Representing Altor Fund II (the general partner) and the holding company that owned the shares in OW Bunker A/S their combined Danish litigations, which are currently ongoing before the Danish High Court and Supreme Court.

Bech-Bruun

Bech-Bruun’s cross-border insolvency experience sees the team undertake work across various jurisdictions, including Germany, Greenland and China, on behalf of a client list that counts major domestic banks, government funds, international lenders and debtor clients including Danish corporates. Practice head Anders Hoffmann Kønigsfeldt advises on all issues related to insolvency law, in addition to reorganising and restructuring of businesses with financial difficulties. Troels Tuxen is a key player when it comes to company restructurings, acting as trustee in bankruptcy estates, out of court suspension of payment procedures and creditor arrangements.

Responsables de la pratique:

Anders Hoffmann Kønigsfeldt


Autres avocats clés:

Søren Christensen Volder; Michael Serring; Troels Tuxen; Anders Hauge Gløde


Les références

‘They are available on short notice and provide excellent advice. Their insolvency portal is easy to use when filing a claim in a bankrupt estate.’

‘Troels Tuxen and his team are thorough, fast and keep to the deadlines.’

‘Michael Serring is extremely skilled and has provided excellent advice in a major annulment case.’

Principaux clients

Danske Bank A/S


Nordea Bank Denmark A/S


Sydbank A/S


Nykredit A/S


Rejsegarantifonden (The Danish Travel Guarantee Fund)


Jyske Bank A/S


Sparekassen Kronjylland A/S


ATP


Lønmodtagernes Garantifond (The Employee Guarantee Fund)


Vækstfonden (The Danish Growth Fund)


Principaux dossiers


  • Acting as co-administrator of Adsbøll Entreprise A/S (and several companies in the group) in bankruptcy.
  • Acting as co-administrator of Frida Forsikring Agentur A/S in bankruptcy which acted as agent for insurance companies selling legally required real estate insurance policies and subsequently handled claims for the insurance companies.
  • Acted as restructurer in a highly successful and speediest financial restructuring of one of Denmark’s top fashions houses, Minimum A/S.

Bruun & Hjejle

Bruun & Hjejle has a strong track record advising on high-profile restructuring and insolvency cases in the Danish market, alongside dispensing specialist advice on challenging bankruptcy litigation proceedings. Members of the team are frequently appointed as administrators by the Danish Debt Collection Agency. Practice head Henrik Selchau Poulsen lends his expertise to a range of restructurings, suspensions of payments and bankruptcy compositions. At associate level, Rasmus Moliin is frequently engaged on matters concerning distressed real estate properties.

Responsables de la pratique:

Henrik Selchau Poulsen


Autres avocats clés:

Rasmus Moliin


Principaux clients

Danske Bank


Realkredit Danmark


Pension Danmark


PenSam


Danske Markets/Wealth Management


Jyske Bank


Vækstfonden


Sydbank


Nykredit


Den Blå Planet, National Aquarium Denmark


Principaux dossiers


  • Appointed administrator in the complex Hesalight bankruptcy.
  • Acting on the bankruptcy of Ejendomsselskabet Sandgården ApS, initiated in the beginning of the global financial crisis of 2007-2009 (the GFC), and numerous group companies have been one of the most referenced bankruptcies.
  • Appointed administrator in the Thomas Cook Airlines Scandinavia A/S bankruptcy.

Horten

Horten is well-experienced on a full range of cross-border bankruptcy, insolvency and restructuring issues, including distressed M&A and non-performing loans, creditor representation and compulsory liquidations, among others. Jan Bech heads the team out of Aarhus, with his practice centred around restructuring of enterprises and arrangements with creditors and bankruptcy proceedings. Piya Mukherjee is highly specialised in all aspects of insolvency and restructuring, particularly debt restructuring and litigation of avoidance claims.

Responsables de la pratique:

Jan Bech


Autres avocats clés:

Piya Mukherjee; Flemming Bastholm


Les références

‘Great experience and practical understanding of how it all works. Horten have never let me down.’

‘Swift and professional.’

Principaux clients

Arbejdernes Landsbank


Finansiel Stabilitet A/S


Jyske Bank


LEGO System A/S


Nordea Bank


Nykredit Bank


Ringkjøbing Landbobank


Saxo Bank


Sparekassen Sjælland


Spar Nord Bank


Sydbank A/S


The Danish National Debt Collection Agency


Sparekassen Danmark


Vestjysk Bank A/S


Danmarks Eksport- og Investeringsfond (Export and Investment Fund of Denmark)


Weil, Gotshal & Manges (London)


AGCO Finance (De Lage Landen Finance)


TB Auctions Netherlands BV. (NL)


Kids Play Nordic A/S


Polaris


Principaux dossiers


  • Assisted TB Auctions Netherlands in bid for acquisition of assets and activities from the Bankruptcy estate.
  • Assisted INVEX Group AS regarding buy out of global cross boarder group involving numerous |on going| projects saving 125 jobs.
  • Represented Mogens Nielsen Kreaturslagteri by initiating a structured sales process over the company in close cooperation with the largest creditors and liens.

Lundgrens

The team fielded by Lundgrens represents Danish blue-chip companies, SMEs and private equity funds, as well as financial institutions and other lenders and management of businesses, on all aspects of restructuring and insolvency issues. Practice head Pernille Bigaard comes is praised as ‘one of the most experienced insolvency lawyers around’. Louise Krarup Simonsen is regularly appointed as court appointed restructurer or trustee of bankruptcy estates.

Responsables de la pratique:

Pernille Bigaard


Autres avocats clés:

Louise Krarup Simonsen


Les références

‘Lundgrens’ insolvency team excels in handling cases.’

‘They are solution-oriented and are willing to work toward restructuring rather than just going for a bankruptcy and closing the business.’

‘Pernille Bigaard has a network like no one else.’

Principaux clients

Danske Bank A/S


Jyske Bank A/S


InfoRevision


The Danish Debt Collection Agency


Grant Thornton


The Export and Investment Fund of Denmark (EIFO)


Nordic Trustee & Agency AB


Deloitte


Nordea Bank Danmark A/S


Tryg Garanti


REFA Maribo Sakskøbing Kraftvarmeværk A/S in restructuring


Artha Kapitalforvaltning A/S


Greystone Capital A/S


Christensen Kjærulff


Ringkjøbing Landbobank A/S/Nordjyske Bank A/S


Principaux dossiers


  • Assisted Moodagent A/S in a successful restructuring process, which included arrangement and composition approved by the court, and debt conversions for a number of private equity owners and other creditors.
  • Assisted Rangstrup Group (11 Danish companies, including property and factory companies) during in-court restructuring proceedings; now assisting stakeholders and creditors as court-appointed trustee in connection with finishing the properties and a possible sale.
  • Appointed trustee in the bankruptcy of one of Denmark’s largest physical retail book chains, Arnold Busck A/S, encompassing 29 stores.

Mazanti-Andersen

Mazanti-Andersen possesses the bandwidth to handle complex bankruptcy cases, both domestic and cross-border, on behalf of major Danish financial institutions. Practice head Peter Wedel Ranch Krarup has over 30 years' experience in insolvency and bankruptcy proceedings. Henrik B. Sanders' broad commercial practice includes dispensing advice to banks and creditors in relation to restructuring and insolvency mandates.

Responsables de la pratique:

Peter Wedel Ranch Krarup


Autres avocats clés:

Henrik B. Sanders


Les références

‘Great people, who put themselves in their client shoes.’

‘Henrik B. Sanders stands out for his strong business insight and ability to give firm, legal advice to clients.

‘Peter Wedel Ranch Krarup has a hands on approach to make legal matters move forward.’

Principaux clients

Nykredit A/S


Danske Bank A/S


The Maritime and Commercial Court of Copenhagen


Martin Storm Rasmussen and MSAC Holding ApS


Arnold Busck A/S


Glædelundsgård ApS


Carsten Jensen


Ejendomsselskabet Sandgården ApS


PASPX ApS


Njordtech ApS


Thyra Danebod


Lyca Mobile ApS


The Export and Investment Fund of Denmark (EIFO)


Sparekassen Danmark


Jyske Bank


Blue Equity


Principaux dossiers


  • Appointed as ad hoc trustee in Ejendomsselskabet Sandgården ApS’ bankruptcy with the task of resolving an internal dispute between the appointed other three trustees in the bankruptcy estate.
  • Appointed as co-trustee of the estate of Jet Time A/S (Luftfartsselskabet from 21 July 2020) in bankruptcy.
  • Advised in the personal bankruptcy of Martin Storm Rasmussen, who is the founder, 100% shareholder and CEO of the company MSAC Holding ApS

Plesner

The ‘highly experienced’ team fielded by Plesner leverages its specific know-how to advise on the entire spectrum of restructuring and insolvency mandates, including large corporate insolvencies on behalf of major banks, investors and creditors. Lars Skanvig heads up the practice and is permanent trustee at the Maritime and Commercial High Court in Copenhagen. Skanvig's experience extends to domestic and cross-border bankruptcies, restructurings and liquidations. Michala Roepstorff has over 25 years' experience and comes recommended as an ‘excellent attorney and adviser’.

Responsables de la pratique:

Lars Skanvig


Autres avocats clés:

Michala Roepstorff


Les références

‘Michala Roepstorff is on of the most skilled insolvency lawyers in Denmark. Pleasant to work with and always delivers on time and great results.’

‘Plesner has a very strong insolvency team, which enables Plesner to handle even the biggest and most complicated insolvency cases.’

‘Michala Roepstorff is one of the leading insolvency lawyers in Copenhagen. She is very skilled and has an excellent commercial knowledge.’

Principaux clients

Danske Bank A/S


Nykredit Group


Nordea Danmark, filial af Nordea Abp, Finland


Jyske Bank A/S


Realkredit Danmark A/S


The Danish Tax Authorities


The Swedish Tax Authorities


Principaux dossiers


  • Appointed as one of the two trustees of the formerly listed O.W. Bunker A/S as well as its Danish subsidiaries, which went bankrupt just six months after having accomplished a highly successful IPO on NASDAQ OMX Copenhagen A/S in a catastrophic and dramatic downturn.
  • Appointed as one of the two trustees in the bankruptcy proceedings of Dansk Kraftvarme Kapacitet a.m.b.a.
  • Appointed as the trustee of World Marine Offshore A/S (‘WMO’) in response to the creditors’ request.

Andersen Partners

Jan Bruun Jørgensen, Rikke Licht Bøtcher and Anders Hvidberg Plum jointly head the Kolding-based insolvency and restructuring practice housed by Andersen Partners. Acting on behalf of Danish and international creditors, the team has experience as reconstruction administrators and trustees in bankruptcies, alongside debt restructurings, compulsory dissolution mandates, solvent liquidations and reorganisations, among others.

Responsables de la pratique:

Jan Bruun Jørgensen; Rikke Licht Bøtcher; Anders Hvidbjerg Plum


Principaux clients

Jyske Bank


Nordea Bank


Skjern Bank


Sydbank


Vækstfonden


Solar A/S


Boncept A/S


Dansk Metal


3F


DAHL Law Firm

DAHL Law Firm has demonstrable experience in bankruptcies, including cases of a disqualification order, cases of avoidance and cases of board liability, as well as debt collection, forced sales, reconstruction and eviction mandates. Birgitte Jørgensen heads the practice and frequently acts as trustee of estates in bankruptcies and as a liquidator in cases of compulsory dissolutions of companies.

Responsables de la pratique:

Birgitte Jørgensen


Les références

‘Nice, pleasant and skilled practitioners.’

‘Trustworthy and good to work with.’

‘Immediate responses and focus, fair costs, and close collaboration.’

Principaux dossiers


  • Appointed restructuring officer by the Bankruptcy Court in a software company and managed to sell off the different software solutions including employees to separate buyers during a 14-day intensive sales process using the new Fast-Track rules in the Danish Bankruptcy Act.
  • Appointed administrator by the Bankruptcy Court in a company that owned 14 rental properties.
  • Appointed insolvency administrator. The insolvency administrator has conducted thorough investigations of Nordsøbyg A/S’ finances, which have led to several lawsuits, including a lawsuit regarding reversal of a transaction of the companies’ assets within the group companies, as well as a lawsuit regarding management liability against the former management and Board of Directors.

Elmann

Elmann has a strong track record in all areas of insolvency law, including debt recovery, restructuring of companies, winding-up procedures and litigation and arbitration. Practice head Finn Lynge Jepsen represents both secured and unsecured creditors, receivers, business clients in the purchase and sale of assets of solvent companies, and is a permanent trustee with the Copenhagen maritime and commercial court. Janne Yde Sjørslev is a key contact for bankruptcy proceedings, compulsory-dissolution cases and restructurings.

Responsables de la pratique:

Finn Lynge Jepsen


Autres avocats clés:

Janne Yde Sjørslev


Les références

‘This is a close-knit team where professionalism is key. Cases are handled with great care and a high degree of expertise. In addition to strong professional competences, the team has a very solution-oriented approach, which benefits all parties involved in an insolvency process.’

‘Finn Lynge Jepsen communicates in clear language and speech. You always get an honest answer and you can trust him. He always has a finger on the pulse, and he takes an active part in the case handling, so you get a lot of partner attention on your case.’

‘Finn Lynge Jepsen inspires those around him and even manages to be recognised by his counterparts, which says a lot about him as a person. ’

Principaux clients

Deminor International SCRL


Danish Tax authorities


Finsk Invest A/S


Haugaard | Braad

Haugaard | Braad’s insolvency group assists with domestic bankruptcy and restructuring cases, as well as other creditor arrangements. The practice also has a substantial presence in compulsory liquidation proceedings. Anders Braad leads the team and is recognised for his experience handling court determined restructurings of agricultural farms.

Responsables de la pratique:

Anders Braad


Autres avocats clés:

Søren Bjerre Bach


Principaux dossiers


  • Handling the insolvent estate of ParkPark A/S and ParkPark Development ApS firstly as a restructuring case later as insolvency estate.
  • Handling the insolvent estate of Kinnerup Horses, involving the selling of horses and the estate farm through official channels using farm estate brokers.
  • Handling the insolvent estate of Brovst Blikvarer A/S, including the administration and selling of the buildings for production, warehouses for stock and the pursuit for selling the entire business activity as an asset deal.

Holst, Advokater

Holst, Advokater has a strong transactional focus and sees work on insolvency mandates arising out of the construction and real estate, and agriculture sectors. Henrik Steen Jensen and Andreas Kjærsgaard Mylin head the practice group and are key points of contact. Jensen is experienced when it comes to acting as a trustee in bankruptcy estates, whilst Mylin has more than 25 years' experience working on restructuring and insolvency cases.

Responsables de la pratique:

Henrik Steen Jensen; Andreas Kærsgaard Mylin


Autres avocats clés:

Søren Skov; Anders Roug; Rene Møller-Olsen


Les références

‘Holst is very competent in the intersection between insolvency law and construction law.’

‘They give clear recommendations and are good at describing pros and cons.’

‘A skilled team, with a strong focus on bankruptcies in the construction sector.’

Principaux clients

Allianz Trade/Euler Hermes


Atradius, Filial af Atradius Crédito y Caución S.A. de Seguros y Reaseguros, Spanien


Danske Bank A/S


Djurslands Bank A/S


Jyske Bank A/S


Nordea Danmark, Filial af Nordea Bank Abp, Finland


Nykredit Group


Realkredit Danmark A/S


Skandinaviska Enskilda Banken (SEB)


Spar Nord Bank A/S


Sparekassen Kronjylland


Sydbank A/S


The Danish Debt Collection Agency (Gældsstyrelsen)


Tokio Marine Europe, filial af Tokio Marine Europe S.A., Luxembourg


Tryg Garanti


Vestjysk Bank A/S


Lund Elmer Sandager

Lund Elmer Sandager routinely handles insolvency issues, restructurings, creditor arrangements and litigation, in both the private and commercial areas on behalf of a broad array of corporate clients and creditors; it is also regularly called on to act as administrator to private bankruptcy estates. Christian B Elmer advises banks and high-end commercial clients in connection with bankruptcy and reconstruction proceedings.

Responsables de la pratique:

Christian B Elmer


Les références

‘They are easy to work with, straight forward and practical in their approach solving complex legal issues.’

‘High professional standards with efficient work routines.’

‘Dedicated individuals with focus on the goal and high integrity.’

Principaux clients

Large creditor in connection with the OW Bunker bankruptcy


MBA Miljø ApS


IDB ApS


Datoselskabet as 22/3-22 ApS (former CPH Gourmet ApS)


Riaz Burger 6 ApS


Scan Energy Production A/S


Farvercramon ApS


Superlove ApS


Principaux dossiers


  • Administrating the bankruptcy estate of Scan Energy Production A/S.

Moalem Weitemeyer

Moalem Weitemeyer‘s restructuring and insolvency group has a broad footprint that provides specialist advice on all aspects of restructuring and insolvency work; it also handles associated issues arising out of M&A transactions, disputes and real estate work. Practice leader Thomas Weitemeyer is appointed as trustee in several bankruptcy estates and acts as administrator in complex restructuring proceedings.

Responsables de la pratique:

Thomas Weitemeyer


Principaux clients

Nordea Bank Danmark A/S


Danske Bank A/S


Garmin Danmark A/S


Nomeco A/S


Gallerierne Hillerød A/S


AKP Group A/S


Sydbank A/S


Shoe the Bear ApS


LLarsen Watches A/S


Luxreaders


Principaux dossiers


  • Assisted with managing the insolvency relating to the accrued debt of Gallerierne Hillerød, stemming from a delayed renovation project.
  • Assisted Luxreaders ApS with the acquisition of the assets of the bankruptcy of Cloos ApS, formerly trading as Christoffer Cloos.

NJORD Law Firm

Praised for its ‘professionalism, expertise, and dedication to clients’, NJORD Law Firm advises companies acting as creditors on petitions for bankruptcies, and assists companies in distress alongside a full range of insolvency and restructuring matters. Practice head Anders Hammer Hansen represents financial institutions, employees and employee organisations when filing bankruptcy petitions and is appointed as trustee in several bankruptcy estates.

Responsables de la pratique:

Anders Hammer Hansen


Autres avocats clés:

Torben Krath; Lars Berg Dueholm; Tom Jensen


Les références

‘The insolvency team is always easy to reach and each case receives partner-attention.’

‘I have worked with Njord’s insolvency team on several occasions, and they are always easy to reach, quick to answer, and always provide adequate and sound advice for the numerous questions they are asked.’

‘Anders Hammer Hansen is a very knowledgeable attorney, who is well-versed in all aspects of bankruptcy and insolvency law, as well as related areas. He is efficient and reasonable, even when it comes to billing.’

Principaux clients

Jyske Bank


Jyske Finans


Nykredit


Sydbank


EIFO (former Vækstfonden)


Merkur Bank


Advokatfirmaet Schjødt

Advokatfirmaet Schjødt’s bankruptcy and insolvency practice group, headed up by Kristian Gustav Andersson and Victoria Grevit Eriksen, handles bankruptcy and insolvency cases. Andersson and Eriksen come recommended as ‘very skilled in handling complicated insolvency matters’ and both have considerable experience in the arena.

Responsables de la pratique:

Kristian Gustav Andersson; Victoria Grevit Eriksen


Les références

‘Advokatfirmaet Schjødt handles high-profile cases in Scandinavia, and is recognised and respected as one of Scandinavia’s top law firms.’

‘Kristian Gustav Andersson and Victoria Grevit Eriksen are very skilled in handling complicated insolvency matters.’

‘Kristian Gustav Andersson is excellent; very client focussed, approachable, available and pragmatic.’

Principaux clients

Early Warning


Danske Bank A/S


Jyske Bank A/S


Spar Nord A/S


The Danish Debt Collection Agency


FSCS Compensation Scheme


Nordic Trustee & Agency AB


Lollands Bank A/S


Møns Bank A/S


PWC


Ambrox Capital A/S


Sydbank A/S


Principaux dossiers


  • Acted as local counsel to Financial Services Compension Scheme in connection to the three largest bankruptcy cases in Denmark Gefion Insurance A/S in bankruptcy, Alpha Insurance A/S in bankruptcy and Qudos Insurance A/S in bankruptcy.
  • Acted as trustee for Yourpay ApS in bankruptcy which where the first payment institute (provided payment solutions and payment gateway for e.g., webshops and physical stores) to go bankrupt in Denmark.
  • Assisted the Dutch trustees of the global retail group for Scotch & Soda in both Norway, Sweden, and Denmark.

Sundgaard Advokater

Sundgaard Advokater’s ‘highly skilled’ team is praised for its ‘great knowledge of insolvency’ and sees frequent work across all aspects of insolvency, including turnarounds, restructuring, and as court-appointed administrators in liquidations, bankruptcy, and winding up proceedings. Gunvor Sundgaard Happe, Agnete Brus Krusell, Thomas Torré Christiansen and Pierre Martin Ellegaard Adolfsen head up the team between Copenhagen and Hillerød.

Responsables de la pratique:

Gunvor Sundgaard Happe; Agnete Brus Krusell; Thomas Torré Christiansen; Pierre Martin Ellegaard Adolfsen


Les références

‘A young, very skilled team with a deep knowledge of bankruptcies.’

‘Gunvor Sundgaard Happe and Agnete Bruss Krusell are both extremely skilled and very pleasant to work with.’

‘The team has shown great knowledge of insolvency, and they have been impressively consistent in their effort of creating the best possible solution for the client.’

Principaux clients

The Maritim and Commercial court – fixed administrators


The Danish Debt Collection Agency


Early Warning


OXFORD RESEARCH A/S in bankruptcy


PetLux Group ApS in bankruptcy


Sans Souci ApS in bankruptcy


Euro Deli shops in bankruptcy


Frisør Pii (Restructering)


Taxivognmand Arne Christensen in bankruptcy


Momentum Markets ApS in bankruptcy


Ringkøbing Landbo Bank


Principaux dossiers


  • Representing PetLux Group ApS as the company underwent restructuring and later bankruptcy proceedings.
  • Appointed the restructurer and later trustee in bankruptcy of Sans Souci restaurant in Copenhagen after it experienced difficulties and financial distress.
  • Permanent administrator with the Danish Maritime and Commercial Court, which has the largest bankruptcy court in Denmark.