Rising Stars

Insolvency in Denmark

Accura Advokatpartnerselskab

Accura Advokatpartnerselskab‘s team primarily assists international private equity funds, domestic banks and hedge fund creditors with the full range of insolvency issues, including acting as trustee of estates for companies in bankruptcy and handling voluntary restructurings. Søren Aamann Jensen leads the team and frequently assists businesses with planning restructuring processes to mitigate future proceedings, in addition to acting as trustee in bankruptcy matters.

Practice head(s):

Søren Aamann Jensen


Other key lawyers:

Charlotte Damsbo Lose


Testimonials

‘Søren Aamann Jensen is a key figure in the Danish market. He has a strong business understanding and a creative approach for solutions to challenged businesses.’

‘Very solution oriented and able to provide practical, good solutions to all stakeholders.’

‘Able to engage and understand perspectives of all related parties. Solution oriented. Always accessible and a creative mindset.’

Key clients

Danske Bank


Sydbank


Finansiel Stabilitet


Realkredit Danmark


Nordea Bank


Jyske Bank


Skandinavia Enskilda Banken (SEB)


Nykredit Bank


Spar Nord


Sparekassen Kronjylland


Work highlights


  • Appointed co-trustee by the Danish Financial Supervisory Authority in connection with the bankruptcy of Gefion Insurance.
  • Appointed co-trustee in connection with the bankruptcy of Shopping Center Kronen.
  • Appointed co-restructuring administrator in connection with the restructuring proceedings of Feast Kitchen (Simple Feast).

DLA Piper Denmark

Henrik Sjørslev, Per Astrup Madsen and Jørgen Flodgaard jointly lead the finance, projects and restructuring team at DLA Piper Denmark. The team represents a variety of clients, including financial and public sector creditors, corporate debtors and suppliers, often receiving instructions as direct court appointments. Sjørslev often acts as a trustee in bankruptcies and has acted as liquidator for numerous distressed airlines, while Madsen provides guidance under the EU sponsored Early Warning Scheme to distressed companies. The ‘very efficient and innovativeTrine Hasselbalch makes use of her experience in the agriculture and hospitality sectors to assist businesses in distress.

Practice head(s):

Henrik Sjørslev; Per Astrup Madsen; Jørgen Flodgaard


Other key lawyers:

Trine Hasselbalch; Per Buttenschøn


Testimonials

‘The team has a commercial approach, is client orientated, and collaborates well.’

‘Trine Hasselbalch is very efficient, innovative and a true driver. Trine has a lot of legal skills and knowledge, and a strong commercial view.’

‘Henrik Sjørslev has skills, knowledge, drive as well as a very strong understanding.’

Key clients

The Danish Guarantee Fund for Non-life Insurers


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


Raiffeisen Bank


Swiss Re Group


KHR Architecture A/S


Playground ApS


Karma Sushi ApS, Taqueria ApS and Dan Gastro ApS


Repeat Fitness


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)


Work highlights


  • Advising the creditor’s committee on all Danish legal matters in relation to the pending Chapter 11 bankruptcy cases of the SAS Group.
  • Appointed as co-restructuring administrator for Feast Kitchen ApS (Simple Feast), a major vegan meal box provider in the Nordics.
  • Acting as trustee for the estate of a major agricultural business. The matter included continued operations of the several properties located on Southern Funen and ended up in a aggregated business sale with a purchase price of DKK113m.

Gorrissen Federspiel

Gorrissen Federspiel houses a broad team, which handles international out-of-court restructurings, fraud work and asset recovery issues for banks and the Danish Tax Authorities. John Sommer Schmidt leads the team from Aarhus and often assists financial creditors with restructurings and liquidation proceedings. Morten Hans Jakobsen has broad knowledge of the transport sector and advises airlines in financial distress on restructuring and bankruptcy procedures, and Lars Grøngaard has longstanding experience in administering large estates. Preben Jakobsen is particularly experienced in reorganisations and distressed M&A concerning agricultural businesses and creditor fraud issues.

Practice head(s):

John Sommer Schmidt


Other key lawyers:

Lars Grøngaard; Preben Jakobsen; Morten Hans Jakobsen


Testimonials

‘Preben Jakobsen has proven his ability to combine legal and commercial understanding. In addition to a proactive mindset, availability and a quick response to new case development you get skilful counselling from Preben.’

Key clients

Danish State Investment Fund


Danish Tax Authority


Danske Bank


Nordea Bank Denmark


SEB Denmark


Nykredit


Swedbank


Realkredit Danmark


Jyske Bank


Nordic Aviation Capital


SAS


Work highlights


  • Advised Nordic Aviation Capital, which experienced severe financial distress following the Covid-19 pandemic resulting in a global financial restructure worth $6-10bn.
  • Advised Orphazyme A/S on all aspects of the restructuring process including the successful sale of the client’s main activities.
  • Advised Scandinavian Airlines System (SAS) on its restructuring, which is currently subject to US Chapter 11 proceedings.

Kromann Reumert

The ‘very efficient‘ and ‘very experienced‘ team at Kromann Reumert often acts for creditors, most notably domestic and foreign banks, including Jyske Bank and SparNord, and private equity debt funds and hedge funds. Christian Jul Madsen and Teis Gullitz-Wormslev jointly head up the practice from Aarhus and Copenhagen respectively. Madsen is a ‘high-quality adviser‘, acting for financial creditors on out-of-court and cross-border restructurings in addition to handling structured and accelerated M&A matters for distressed companies. The ‘very pragmatic‘  Gullitz-Wormsley has substantial experience in advising on the transfer of portfolios of distressed debt.

Practice head(s):

Christian Jul Madsen; Teis Gullitz-Wormslev


Other key lawyers:

Andreas Boe Laulund


Testimonials

‘Very solution oriented and able to provide practical good solutions to all stakeholders, they are able to engage and understand perspectives of all related parties. A very efficient team with high moral standards.’

‘The team are clearly very experienced within the field of insolvency, and are highly capable of understanding the different areas of business.’

‘Christian Jul Madsen stands out as a high-quality adviser, always able to see pragmatic, business oriented solutions, and combine these with the insolvency legislation.’

‘Teis Gullitz-Wormslev is very pragmatic and very good. Not afraid to act.’

‘Andreas Boe Laulund provides clear and concise advice. He is very much hands-on, Andreas is extremely competent.’

‘Highly competent legal advice with a good commercial understanding.’

‘Kromann consists of high performers who are capable of delivering top-quality advice and solutions.’

Key clients

Danske Bank


Nordea


Nykredit


Jyske Bank/BRF Kredit (Jyske Realkredit)


Finansiel Stabilitet


Sydbank


SparNord Bank


Vækstfonden


EKF


Ringkjøbing Landbobank


Vestjysk Bank


Danske Andelskassers Bank


Work highlights


  • Advised Apollo Global Management on the Danish aspects of the DIP financing provided to Nordic airline SAS in US Chapter 11 proceedings.
  • Advised Danske Andelskassers Bank on the restructuring and sale of the activities of Yding Grønt.
  • Advised Silver Point Capital on the Danish aspects of the Danish founded Nordic Aviation Capital (NAC) in US Chapter 11 proceedings.

Poul Schmith

Poul Schmith‘s ‘first-class‘ team is ‘second to none‘ in advising on the full spectrum of insolvency matters, including intercreditor agreements and debt restructurings. The team continues to broaden its client base while maintaining its position as a trusted adviser to the Danish State. Practice head Boris Frederiksen is a ‘superb legal strategist‘ who primarily handles matters concerning the protection of creditor interests, fraud schemes, and the negotiation of reorganisations, and often acts for the Danish tax authorities and the Danish Financial Supervisory Authority. ‘Extremely talented lawyerCathrine Wollenberg Zittan has notable experience in advising on asset tracing work, debt collections and cross-border insolvencies.

Practice head(s):

Boris Frederiksen


Other key lawyers:

Jesper Saugmandsgaard Øe; Rune Tandgaard Derno; Morten Plannthin; Cathrine Wollenberg Zittan; Anne Christine Kjær Egholm


Testimonials

‘The pre-eminent practice in the region. They provide very sophisticated advice. Strong communications skills and a commercial approach to the cases. Not afraid of challenging big creditors.’

‘Boris Frederiksen is a superb legal strategist; unflappable; one of the best lawyers I have ever worked with, anywhere.’

‘Cathrine Wollenberg Zittan is excellent all round – clear, smart, easy to work with as a lawyer or an administrator.’

‘Poul Schmith’s understanding of the restructuring and insolvency arena is also second to none. They have expertise, professionalism, and nothing is too much to handle. A first-class firm.’

‘Cathrine Wollenberg Zittan is an extremely talented lawyer at the top of her game. She always impresses, considers alternative approaches. Knowledge and strategy skills are always demonstrated.’

‘Boris Frederiksen is a brilliant lawyer. No stone is left unturned and he has pin point accuracy. Completely unflappable and always solid in any difficult situation. Definitely the one you want on your side.’

‘Anne Christine Kjær Egholm is a great lawyer, clients love her and its easy to see why.’

Key clients

The Danish Tax Authorities


The Employees’ Guarantee Fund


The Commissioners for Her Majesty’s Revenue & Customs


Jyske Bank


Nykredit Bank


Nordea A/S


The Danish Guarantee Fund for Non-life Insurers


The Danish Financial Supervisory Authority


Vækstfonden


Danske Bank A/S


Sydbank A/S


The Travel Guarantee Fund


Work highlights


  • Advising the Danish tax authorities on the recovery of unjustified refunds of withheld dividend tax for a total amount of DKK12.7bn.
  • Appointed as a liquidator by the Danish FSA in 2018 to continue the business of Qudos Insurance and minimise its debt.
  • Appointed as a liquidator by the Danish FSA for Alpha Insurance A/S in bankruptcy.

Bech-Bruun

The team at Bech-Bruun utilises its ‘lengthy experience‘ in cross-border insolvency mandates across Germany, Greenland and China. The team assists a diverse client base of domestic banks and government funds, in addition to corporates, and domestic subsidiaries on the debtors side. Practice head Anders Hoffmann Kønigsfeldt handles bankrupt estates, and often appears before the High Court in matters aimed at avoiding bankruptcy. Troels Tuxen is ‘extremely experienced‘ in advising shipping companies on the out-of-court suspension of payment procedures, creditor arrangements, and frequently acts as trustee of bankruptcy estates.

Practice head(s):

Anders Hoffmann Kønigsfeldt


Other key lawyers:

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


Testimonials

‘They are always very responsive, effective and to the point. The team works well and knows the sector.’

‘Troels Tuxen is a gentleman and a good lawyer with more than 30 years of experience. Troels has a broad knowledge of insolvency and is extremely experienced. He is always accessible and provides solid advice.’

‘Bech-Bruun’s team is extremely specialised and has lengthy experience within bankruptcies and restructurings. They act quickly and accurately.’

‘Michael Serring and Anders Hauge Gløde provide excellent advice.’

Key clients

Danske Bank A/S


Nordea Bank Denmark A/S


Nykredit A/S


Sydbank A/S


The Danish Travel Guarantee Fund


Jyske Bank A/S


Sparekassen Kronjylland A/S


Skjern Bank


ATP


Lønmodtagernes Garantifond


The Danish Growth Fund


Work highlights


  • Appointed co-administrator of Great Dane Airlines A/S in bankruptcy.
  • Appointed co-administrator of Daurehøj Erhvervsbyg A/S in bankruptcy.
  • Appointed administrator of the Thor Shipping A/S and Sofia Shipping A/S in July 2020.

Bruun & Hjejle

Bruun & Hjejle houses a talented team of practitioners, who are often appointed as administrators by the Danish Debt Collection Agency, and act in contentious bankruptcy matters. The team often assist banks, mortgage providers and pension funds. Henrik Selchau Poulsen leads the team with his expansive experience in advising on bankruptcies of large companies across the aviation, real estate and energy sectors. Associate Rasmus Moliin handles an array of matters relating to distressed real estate properties for a variety of stakeholders.

Practice head(s):

Henrik Selchau Poulsen


Other key lawyers:

Rasmus Moliin


Key clients

Danske Bank


Realkredit Danmark


Pension Danmark


PenSam


Danske Markets/Wealth Management


Jyske Bank


Vækstfonden


Sydbank


Nykredit


Danica


Work highlights


  • Appointed administrator in the Hesalight bankruptcy.
  • Appointed administrator in the Thomas Cook Airlines Scandinavia A/S bankruptcy and responsible for looking into potential liability for management, potential avoidance claims examining filed claims of approximately DKK17bn.
  • Appointed administrator in the House of Amber bankruptcies, with House of Amber having flagship stores in Copenhagen, subsidiary companies and shops in Shanghai, Beijing, Hong Hong, Macau, Dubai and Japan.

Horten

Horten‘s team of practitioners advises a varied client base on the full spectrum of issues, including distressed M&A and matters relating to non-performing loans and compulsory liquidations, in addition to representing numerous creditors in lawsuits against bankruptcy estates. Flemming Bastholm leads the practice from Aarhus, and has notable experience advising on in-court business restructurings as an administrator, while Piya Mukherjee handles numerous cross-border insolvency issues. Bo Christensen has since left the practice to join Clemens.

Practice head(s):

Flemming Bastholm


Other key lawyers:

Nicolai Dyhr; Ulrik Holsted-Sandgreen; Jan Bech; Piya Mukherjee


Key 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


Vækstfonden


Weil, Gotshal & Manges (London)


AGCO Finance (De Lage Landen Finance)


Work highlights


  • Advised the main creditors of Social Food Danmark A/S on the initiation of a suspension of payments, with the purpose of securing these creditors.
  • Appointed as a restructuring administrator for MPNM Byggeri ApS.
  • Appointed ‘ad hoc’ trustee on behalf of LEGO System A/S and other suppliers to TOP-TOY A/S in order to investigate potential management liability and the role of the syndicated banks and the administration of the €100m floating charge in the time leading up to the restructuring and the subsequent bankruptcy.

Lundgrens

The team at Lundgrens assists a broad client roster with the transfer of bankrupt businesses and debt for equity swaps, and acts for both creditors and security agents. Practice head Kristian Gustav Andersson is ‘very knowledgeable‘ in advising domestic and international corporates on securities work and creditor and pledge rights, and is often appointed trustee by banks. Praised as a ‘key figure in the Danish market‘, Pernille Bigaard handles an array of financial restructurings and insolvency proceedings, while the ‘outstandingLouise Krarup Simonsen is ‘very skilled and thorough‘ when acting as trustee and restructurer in restructuring proceedings.

Practice head(s):

Kristian Gustav Andersson 


Testimonials

‘Lundgrens are deeply interested in finding sustainable solutions for all parties involved. They have a unique team. They deliver great solutions and are willing to go the extra mile.’

‘Louise Krarup Simonsen is very skilled and thorough in all matters she handles. Louise is simply outstanding.’

‘The team is a good combination of experience in traditional insolvency work and ambitions towards restructuring work and distressed M&A.’

‘Pernille Bigaard has longstanding experience and is a key figure in the Danish market. She is always ready to help and easy to work with.’

‘Louise Krarup Simonsen and Kristian Gustav Andersson are both very knowledgeable and hands on in their approach.’

‘Kristian Gustav Andersson has the ability to see things from a larger perspective.’

Key clients

Early Warning


Danske Bank A/S


Jyske Bank A/S


Spar Nord A/S


FSCS Compensation Scheme


The Danish Debt Collection Agency


Grant Thornton


Vækstfonden


Nordic Trustee & Agency AB


Hines Interests Limited Partnership


Deloitte


DEAS A/S


Nordea Bank Danmark A/S


Tryg Garanti


REFA Maribo Sakskøbing Kraftvarmeværk A/S in restructuring


Lollands Bank A/S


Beierholm Statsautoriseret Revisionspartnerselskab


Capital InvestmentA/S


Artha Kapitalforvaltning A/S


Greystone Capital A/S


Work highlights


  • Appointed trustee of the bankruptcy estate for Yourpay A/S, the first payment institution to go bankrupt in Denmark.
  • Acted as court appointed restructurer in the restructuring of Selskabet 31. Marts 2022 A/S, formerly known Moodagent.
  • Acted as court appointed restructurer for major property group Ved Amagerbanen 29 ApS /Rangstrup Ejendomme Group of 11 companies in in-court restructuring proceedings.

Mazanti-Andersen

The insolvency team at Mazanti-Andersen consists of ‘experts with wide knowledge‘ of large corporate insolvencies, liquidations and cross-border restructurings. Practice head Peter Wedel Ranch Krarup is rated by clients as ‘one of the best insolvency lawyers in Denmark‘ and advises a number of real estate companies on bankruptcy proceedings, and often acts as trustee in the personal bankruptcies of CEOs. Henrik B Sanders frequently assists banks and creditors with bankruptcy cases involving fraud elements and claims for unpaid VAT and is praised for his ‘hands-on approach‘.

Practice head(s):

Peter Wedel Ranch Krarup


Other key lawyers:

Lars Rasmussen; Henrik B Sanders


Testimonials

‘The team is service minded, and has a high level of knowledge. They are experts with wide knowledge. The team is very pragmatic and solution oriented.’

‘Peter Krarup is one of the best insolvency lawyers in Denmark. Peter is a very skilled insolvency lawyer.’

‘Henrik B. Sanders and Peter Krarup are experienced insolvency administrators and trustees.’

‘Henrik B. Sanders is known and respected in the market for his hands-on approach.’

‘Peter Krarup knows a lot about the field of insolvency and Lars Rasmussen is very strong.’

‘The firm’s strength is their highly professional standards as well as years of experience.’

Key clients

Arnold Busck A/S in bankruptcy


Jet Time A/S in bankruptcy


Duegården A/B in bankruptcy


Quint ApS in bankruptcy


Glædelundsgård ApS in bankruptcy


Ejendomsselskabet Sandgården ApS in bankruptcy


David Nikolai Nielsen in bankruptcy


PASPX A/S in bankruptcy


Engelgaar Teknik A/S in bankruptcy


Tales ApS in bankruptcy


Carsten Jensen in bankruptcy


Thyra Danebod in bankruptcy


Søndersø Entreprenør- og Vognmandsforretning A/S


Njordtech ApS in bankruptcy


Lyca Mobile ApS in bankruptcy


Martin Storm Rasmussen and MSAC Holding ApS


Work highlights


  • Advised the 124-year-old bookshop, Arnold Busck, on the first substantial retail bankruptcy in Denmark owing to the Covid-19 outbreak.
  • Appointed as co-trustee of the estate of Jet Time A/S (Now Luftfartsselskabet af 21 July 2020 A/S).

Plesner

Plesner‘s team utilises its ‘very good knowledge‘ of insolvency law to advise on large corporate insolvencies, and assist a number of banks, investors and creditors. Lars Skanvig leads the practice and often acts for international companies on the full range of insolvency matters, including compulsory dissolutions, voluntary arrangements, and notified restructuring proceedings. Michala Roepstorff is an ‘excellent lawyer‘ who regularly handles the insolvencies of real estate investment companies.

Practice head(s):

Lars Skanvig


Other key lawyers:

Michala Roepstorff; Anine Severin


Testimonials

‘Michala Roepstorff has a good commercial grasp of what matters to creditors, and is a very dedicated insolvency expert. Michala is not only an excellent lawyer, but is also very pleasant to work with.’

‘The team has very good knowledge of insolvency law.’

‘Michala Roepstorff and Anine Severin really put in effort to produce results better than one could ever dream of.’

Key clients

O.W. Bunker A/S in bankruptcy


Dansk Kraftvarme Kapacitet a.m.b.a. in bankruptcy


Burmeister & Wain Energy A/S in bankruptcy


TravelCo Nordic A/S in bankruptcy (Bravo Tours)


Danske Bank A/S


The Danish Tax Authorities


The Swedish Tax Authorities


Europharma.DK ApS in bankruptcy


Hellerup Finans A/S in bankruptcy


Nykredit Group


Nordea Bank Danmark A/S


Jyske Bank A/S


Work highlights


  • Acting as trustee of the estate for O.W Bunker A/S. The case involves third party rights on assignments, pledges on fungible assets and voidable transactions across various jurisdictions with cross-border collection measures.
  • Advised on the insolvency of TravelCo Nordic A/S (Bravo Tours) in bankruptcy. The matter involved a sales process and transfer of operations and assets.

Andersen Partners

Based in Kolding, Andersen Partners handles the full range of insolvency matters, including debt restructurings and compulsory dissolutions. The team is led by Jan Bruun Jørgensen and Rikke Licht Bøtcher. Jørgensen advises banks and debtors on agreements and restructurings, while Bøtcher handles the transfer of distressed businesses and the administration of insolvent estates on behalf of creditors.

Practice head(s):

Jan Bruun Jørgensen; Rikke Licht Bøtcher


Other key lawyers:

Anders Hvidberg Plum


Work highlights


  • Advising on an owners agreement with a bank regarding a restructuring, amortisation of debt and credit facilities.
  • Advising a bank on the daily operation of an insolvent farm administrated by a Bailiff Court.

Haugaard | Braad

Haugaard | Braad houses a ‘great‘ team which specialises in acting as court-appointed administrator on the restructuring of construction and industrial companies. Anders Braad leads the team from Aalborg, and often handles court determined restructurings of agricultural farms, including dairy and pig farms, and biogas companies; Braad also advises on forced sales and compulsory agreements.

Practice head(s):

Anders Braad


Other key lawyers:

Rasmus Haugaard


Testimonials

‘Great team, great cooperation, and high level of personal service combined with a high level of skills.’

‘Anders Braad has a high level of empathy for the clients in trouble. Anders has unique strength in making any advanced question simple.’

‘Rasmus Haugaard is the man with big background knowledge.’

Key clients

Spar Nord Bank A/S


Jyske Bank A/S


Sparekassen Danmark


Nordjyske Bank /Ringkøbing Landbobank


The Courts of Aalborg


Work highlights


  • Advising Jyske Bank A/S on the insolvent estate of one of the biggest producers of mink in Northern Denmark.
  • Advised Jutlander Bank A/S (Sparekassen Danmark) on the insolvent estate of Kasper Flarup agricultural farm.
  • Advising Spar Nord Bank A/S on the insolvent estate of JOKA Biler ApS including a group of subsidiaries which all collapsed.

Holst, Advokater

The real estate and construction focused team at Holst, Advokater often advises domestic and overseas banks and guarantee companies. Henrik Steen Jensen and the ‘very knowledgeableAndreas Kærsgaard Mylin jointly head up the practice from Aarhus and Copenhagen respectively. Jensen has been appointed trustee numerous times for contractors, including Anker Hansen & Co. and B. Nygaard Sørensen, while Mylin focuses on assisting businesses with the mitigation of future insolvency proceedings, and often acts as a restructuring administrator.

Practice head(s):

Henrik Steen Jensen; Andreas Kærsgaard Mylin


Other key lawyers:

Søren Skov; Anders Roug; Rene Møller-Olsen


Testimonials

‘The insolvency team at Holst has in depth knowledge and experience.’

‘Henrik Steen Jensen and Søren Skov stand out as the most specialised and experienced practitioners.’

‘Andreas Kærsgaard Mylin is very knowledgeable and has a creative solution orientated approach to insolvencies.’

Key clients

Allianz Trade/Euler Hermes


Atradius


Danske Bank A/S


Djurslands Bank A/S


Jyske Bank A/S


Nordea Danmark


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


Tokio Marine Europe


Tryg Garanti


Vestjysk Bank A/S


NJORD Law Firm

Fielding a ‘really good team with very experienced people‘, NJORD Law Firm advises companies acting as creditors on petitions for bankruptcies, and assists companies in distress. Rated by clients as ‘by far the best lawyer in the field‘, practice head Anders Hammer Hansen often advises financial institutions and employee organisations when filing for bankruptcy petitions, in addition to acting as trustee in bankruptcy estates.

Practice head(s):

Anders Hammer Hansen


Other key lawyers:

Malene Eigtved; Jørgen Erik Frandsen; Torben Krath; Ole Larsen


Testimonials

‘Anders Hammer Hansen is by far the best lawyer in this field. Very knowledgeable and with a very sharp intellect.’

‘Njord has a really good team with very experienced people. The team is particularly well qualified and experienced. Efficient, fair, and very professional team. What makes them unique is the humanity they show. They are generally nice and nice people to work with.’

‘Ole Larsen and Anders Hammer Hansen, through many years of experience, solve their cases at a high professional level.’

‘Torben Krath is easy to work with and a nice person.’

Key clients

Jyske Bank


Jyske Finans


Nykredit


Sydbank


Vækstfonden


Merkur Bank


Skau Reipurth

The team of ‘highly experienced professionals‘ at Skau Reipurth assists clients with pre-insolvency restructuring negotiations and distressed M&A transactions. The firm often acts as a court appointed restructurer and trustee in insolvency and bankruptcy proceedings.

Testimonials

‘The insolvency team at Skau Reipurth give advice at a very high professional level. The team consists of highly experienced professionals.’

Key clients

Danske Bank A/S


Sparekassen Vendsyssel A/S


Handelsbanken A/S


Jyske Bank A/S


Vækstfonden


Nykredit


The Danish Debt collection Agency


Sundgaard Advokater

Insolvency boutique Sundgaard Advokater houses an ‘innovative‘ team which is adept at handling the full gamut of insolvency issues. The team regularly assists with winding up proceedings, turnarounds and restructurings. Gunvor Sundgaard Happe often handles bankruptcy estates for large domestic banks, and Agnete Brus Krusell focuses on advising employees on their rights relating to distressed companies with the support of Thomas Torré Christiansen.

Practice head(s):

Gunvor Sundgaard Happe; Agnete Brus Krusell; Thomas Torré Christiansen


Other key lawyers:

Pierre Martin Ellegaard Adolfsen


Testimonials

‘Innovative team with many years of experience in insolvency.’

‘Gunvor Sundgaard Happe is a professional advocate. You sense that she has the experience and network. She is focused, listens to client needs, then takes care of the project.’

‘Sundgaard Advokater is a boutique, they are highly specialised and very competent.’

‘Gunvor Sundgaard Happe, Agnete Brus Krusell and Pierre Martin Ellegaard Adolfsen all have big-firm expertise that they combine with small-firm presence.’

Key clients

Taxivognmand Arne Christensen in bankruptcy


Cozy ApS in bankruptcy


Bowa ApS in bankruptcy


Lynge Kro – multiple bankruptcies


Asminderød Kro ApS in bankruptcy


Momentum Markets ApS in bankruptcy


Noodle investment ApS in bankruptcy


Sensum Pleje ApS in bankruptcy


The Maritime and Commercial court


The Danish Debt Collection Agency


Work highlights


  • Acting as a fixed administrator with the Danish Maritime and Commercial Court.
  • Advising Bowa ApS in bankruptcy.