Day-to-day operation of SOVs

We provide advice on all legal aspects related to the day-to-day operation of independent public enterprises (SOVs), including advice on the relationship between owner, board and management and the framework for operating the SOV.

SOVs are generally comprised by both private and public law rules.
Company law rules apply to SOV operations, which are carried out on an arm’s length basis, while public law rules apply in relation to any regulatory tasks discharged by the SOV. This obviously places very special demands on the way in which operations are handled from a legal perspective.

Each SOV has its own statutory framework. Accordingly, providing advice requires interdisciplinary specialists and cooperation. We ensure optimum knowledge sharing and cooperation across different professional groups, both within our own firm and with your other advisors. Our extensive knowledge of the regulatory framework of SOVs, including the special circumstances related to the SOV’s relationship with its ministry owners, provides us with a unique position to advise on legal issues related to operation of the SOV.

From SOV tender to purchasing and selling enterprises

Our services span the full spectrum from advice in connection with day-to-day operations to assistance in making major decisions on matters of principle, while always focusing on the special legal issues at play in respect of SOVs.

Our services include:

• handling company meetings, board meetings, etc.
• liaising between the relevant ministry and the enterprise, including in relation to the scope of management and ownership powers
• interpreting the statutory framework governing the SOV, including relevant sector legislation
• state aid
• concluding contracts and completing tenders
• SOV compliance with relevant compliance procedures, including data protection and anti-money laundering.

Contact our SOV team

Do you need advice on operating an SOV? Or are you facing major decisions that require knowledge of the specific legal basis?
We help you sort out the difficult legal issues. If and when required, we cooperate with all of Kammeradvokaten / Poul Schmith’s other specialists, including in the fields of company law, finance law, public law, state aid law, procurement law and corporate compliance.