Restructuring/Insolvency
Europe Guide 2024 : Denmark
Band 1
Email address
[email protected]Contact number
+45 7227 0000About
Provided by Bech-Bruun
Bech-Bruun has many years' experience with all types of insolvency law issues and with assisting enterprises of all sizes and in all industries. We have been involved in some of the largest restructurings and bankruptcies in Denmark.
As tempo and expertise are decisive factors in a restructuring process, we work with external parties and experts from other business areas on raising the capital, managing power, crisis management, etc., necessary to reach the goal; a solution that will ensure continued operation of the enterprise and/or the best possible cover of the creditors' outstanding accounts.
We work to ensure the best possible realisation of assets – either through collective sale of the viable parts of the enterprise or sale of assets, and always on the best possible terms.
• Out-of-court restructuring in the form of agreements with central parties (e.g. banks)
• Conducting restructuring proceedings at the Bankruptcy Court
• Trustee's administration of bankruptcy estates
• Legal proceedings in this connection, for instance in relation to D&O liability, issues relating to charges and guarantees, avoidance, examination of claims, etc.
• Advising on tax implications of composition, restructuring, etc.
Chambers Review
Bech-Bruun is an esteemed and well-resourced practice that regularly assists domestic and international creditors and debtors with a range of bankruptcy and insolvency issues, including debt restructuring. The law firm assists with the administration of estates, including the sale of businesses as going concerns, or liquidates companies' assets through formal insolvency proceedings. The practice handles bankruptcy matters in a broad range of sectors including manufacturing, travel, construction and retail.
Strengths
Provided by Chambers
"The team is very pragmatic and solution-oriented. It keeps things as simple as possible while trying to protect the client from liability and risk."
"Bech-Bruun has a large, specialised department that shows commercial understanding and fast response times."
"The team is very pragmatic and solution-oriented. It keeps things as simple as possible while trying to protect the client from liability and risk."
"Bech-Bruun has a large, specialised department that shows commercial understanding and fast response times."
Notable Practitioners
Head of department Anders Hoffmann Kønigsfeldt rises to the top tier of the rankings. He is a notable market presence who regularly acts as appointed trustee on bankruptcies spanning a range of industries.
"Anders Hoffmann Kønigsfeldt demonstrates a high level of expertise, strong commitment and efficient working methods."
"Anders is clever, fast and flexible."
Michael Serring regularly acts on insolvency litigation advising creditors and other parties in disputes. He also acts on professional liability cases.
Advancing in the rankings, Søren Christensen Volder is regularly appointed administrator of bankruptcy estates and restructuring processes. He acts for clients in multiple sectors, with noted activity in the farming and construction industries. He is based in the law firm's Aarhus office.
"He has great commercial understanding."
Anders Hauge Gløde advises clients on bankruptcies, restructurings and litigation proceedings.
"Anders Hauge Gløde offers a high level of expertise, is accessible and has an extensive network."
"Anders' expertise, dedication and excellent communication skills are instrumental in achieving successful outcomes. Throughout the process, Anders displays a deep understanding of the complexities involved and ensures we are well informed at every step. His proactive approach and commitment to our best interests makes a significant difference."
Ranked Lawyers at
Bech-Bruun
Denmark
Members
Provided by Bech-Bruun