Poul Schmith has a strong reputation in the Danish insolvency space thanks to its connection to the Danish tax authorities, and has notable expertise in representing public entities in insolvency proceedings. The team also handles investigations into large Danish institutions, and works as liquidator in cross-border bankruptcies. Boris Frederiksen is head of the team, and is adept at handling restructurings, contract administration issues, reorganisations and liability assessments; clients praise his ability to ‘see the big picture and play the long game, while also being on top of the key details’. Rune Derno and Cathrine Wollenberg Zittan also have expertise in debtor restructurings. Mathias Juul Holter adds depth to the team with expertise in the insolvency of insurance companies.
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Testimonials
Collated independently by Legal 500 research team.
- Their availability.
- The team at Poul Schmith is highly responsive and excels at delivering client-centric service. They achieve this through a strong level of business insight and a general ability to navigate complex regulatory landscapes.
- The team has extensive experience in all types of insolvency proceedings and excels in managing large-scale and complex matters, including cases involving cross-border activities or fraud. They utilize excellent IT tools, including a platform that allows us to track our cases in almost real-time, and the preparation of fee estimates and invoicing is handled smoothly and swiftly. We give them our highest recommendation.
- Mikkel Winther Løgsted is a class-leading insolvency lawyer at Poul Schmith. He combines deep knowledge of insolvency law with a practical understanding of business realities, enabling him to deliver solutions that protect the interests of creditors and clients. His reputation for integrity and results makes him a trusted advisor in all insolvency matters, while also being approachable and easy to work with.
- Jesper Saugmandsgaard Øe, Cathrine Wollenberg Zittan, Rune Derno, and Philip Prochownik are all partners with a very commercial mindset and a solution-oriented approach.
- Prompt responses.
- The insolvency group at Poul Schmith is the largest in Denmark, often representing the Danish State. The group is headed by Boris Frederiksen, partner and chairman of the law firm. Very experienced and able to handle very complex and high-profile challenges.
- We have, in particular, worked together with Rune Derno and Cathrine Zittan, and we have also had cases involving Boris Frederiksen. They are all exceptionally skilled lawyers. Rune Derno is outstanding in court, and it is always a pleasure to have him involved in the process. He is adept at devising strategies for larger or more difficult cases and at suggesting alternatives as the cases evolve. The entire team is a pleasure to work with, and they provide excellent service.
- ‘The team is first rate, incredibly thorough and professional. They are are joy to work with.’
- ‘Boris Frederiksen is one of the top insolvency lawyers in Denmark and the Danish lawyer who has most Insolvency Office Holder mandates of all lawyers in Denmark. He is an outstanding Insolvency litigator. Cathrine W. Zittan, Rune Derno and Jesper Saugsmandsgaard Øe all stand out as cutting edge insolvency litigators and they all do remarkable bankruptcy trustee work in high profiled cases.’
Key clients
- Nykredit Bank A/S
- Altor Fund II
- The Commissioners for HMRC
- The Danish Financial Supervisory Authority
- The Danish Guarantee Fund for Non-life Insurers
- The Danish Tax Authorities
- Danske Bank A/S
- The Employees’ Guarantee Fund
- Jyske Bank A/S
- Sydbank A/S
- Skare Group
- Sealing System A/S
- Paustian Group
- Nordic Waste A/S and
- DSH Recycling A/S
- Dansk Boligbyg A/S
- Joko Components A/S
- Altan.dk A/S
- Lauritz.com Group A/S
- MS Svejseteknik
Work highlights
Conducted a review and oversight of Danske Bank A/S’s debt collection practices.
Appointed by the court as trustee in the Nordic Waste A/S bankruptcy.
Represented Altor Fund II in a case involving the default of OW Bunker A/S.
Lawyers
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Practice head
Boris Frederiksen
Other key lawyers
Cathrine Wollenberg Zittan; Rune Derno; Jesper Saugsmandsgaard Øe; Mikkel Løgsted; Mathias Juul Holter