Bankruptcy proceedings

When a company is no longer able to pay its creditors and goes bankrupt, it is essential for all parties involved, including the company’s ordinary trading partners, employees and financial creditors, that the bankruptcy proceedings are handled as efficiently as possible. There is often a lot at stake, and swift action is required if all or part of the company’s assets are to be rescued. The key is finding a solution that mitigates financial losses as much as possible.

Attorneys specialising in bankruptcy proceedings

We are among the leading and most experienced specialists in Denmark in the field of bankruptcy proceedings. Our services are always focused on progress and on achieving the best possible dividend for the creditors. We conduct bankruptcy proceedings involving all types of insolvent estates, whether of companies or individuals. In order to ensure maximum dividend for the creditors of the insolvent estate, we determine a strategy for handling the bankruptcy proceedings. This strategy is usually prepared and executed in close dialogue with the most significant creditors of the insolvent estate.

Advice at all stages of bankruptcy proceedings

We have experience in realising all types of assets in insolvent estates. We also have extensive experience in working with insolvent estates, identifying hidden assets or potential claims for avoidance or claims for damages to establish whether any dividend is available for distribution to the creditors.

Our assistance with bankruptcy proceedings includes:

• Planning of bankruptcy proceedings strategies
• Sale of companies in operation
• Winding up of non-Danish subsidiaries and assets, including properties
• Management and sale of properties in the open market or in a forced sale
• Identification of hidden assets
  Identification and enforcement of claims for avoidance and claims for damages
• Disqualification

We have a strong network in Denmark and internationally, ensuring that we are always able to obtain relevant advice in connection with bankruptcy proceedings.

Contact our bankruptcy specialists

We aim to achieve solutions that create maximum value for the creditors of an insolvent estate. In addition, we have developed Konkursportalen.dk, a dynamic digital tool ensuring that all parties with an interest in specific bankruptcy proceedings are able to keep track of the administration of the insolvent estate. One of the objectives of the portal is to increase transparency in bankruptcy proceedings and to align expectations between the trustee in bankruptcy and the creditors as regards the issue of how to address the individual estate administration aspects.

Contact our team of specialists and let us see how we may best help you.