The ‘highly qualified’ insolvency and restructuring practice at Kromann Reumert is recognised for its expertise in specialised insolvency, restructuring, and estate administration, complemented by broad transactional experience in M&A and financing. The practice is co-led by Christian Jul Madsen, described as a ’high-class advisor,’ who specialises in restructuring, bankruptcy, and liquidation proceedings, including complex out-of-court schemes with multiple financial creditors. Supporting him is Teis Gullitz-Wormslev, who is a specialist in all aspects of insolvency law and a permanent liquidator at the Copenhagen Bankruptcy Court. Kamilla Krebs also plays a key role, advising on the management of insolvent or distressed businesses across sectors such as finance, real estate, and groceries.

Legal 500 Editorial commentary

Testimonials

Collated independently by Legal 500 research team.

'Christian Jul Madsen is a high-class advisor with a big various of knowledge related to legal matters for a Bank. It makes the dialog and collaboration outstanding for a legal counsel like me in a bank without other legal counsels.'
'Very energic team with a holistic approach on taking care of matters.'
'Very professional individuals. Teis Gullitz-Wormslev and Andreas Boe Laulund are fantastic to work with and know what they are doing. Very good project leadership from Gullitz-Wormslev in our common engagment.'
'I know the team as highly qualified, easy to get in touch with and talk to.'
'Highly skilled people with clear different roles acting together as a perfect team.'
'We have a long and well established corporation with Kromann Reumert and have real good relations to the persons/lawyers/partners we're dealing with.'
'Over the years we have had a super cooperation with many employees and partners of Kromann Reumert and all have handled the business very professionally. In recent years, my cooperation has mainly been with Partner Teis Gullitz-Wormslev, Mariana Gadalla and Homa Rahbar Pakdel, to whom I can give my best recommendations.'
'Kromann Reumert is a high valued advisor, because of their big knowledge, pragmatic and solution oriented answers to legal questions.'

Key clients

Danske Bank
Nordea
Nykredit
Jyske Bank/BRF Kredit (Jyske Realkredit)
Saxo Bank

Work highlights

Advised major shareholders and banks on the appointment of a liquidator for the listed company Scandinavian Brake Systems A/S.
Advised by mandate from Danske Bank and Realkredit Danmark, who appointed them as (co-)restructuring administrators, and later (co-)liquidators, in the case of GMB Holding, Entreprenør og Produktion.
Advised Spar Nord Bank on the liquidation of PBO Group ApS, a prominent Danish fashion company, where assets were successfully sold through a business transfer within a week of initiating bankruptcy proceedings.