Nordics - Denmark
3

Insolvency

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Schjødt Advokatpartnerselskab

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Schjødt Advokatpartnerselskab‘s ’excellent’ insolvency and restructuring team handles prominent Danish insolvencies, cross-border matters, and is a preferred advisor for financial institutions in Denmark. The team leaders Kristian Gustav Andersson and Victoria Grevit Eriksen specialise in restructuring and insolvency law, with Andersson being described as ‘a real stand-out partner.’

Legal 500 Editorial commentary

Testimonials

Collated independently by Legal 500 research team.

  • ‘Excellent team, very experienced on large international transactions. Good team players.'

  • ‘Kristian Gustav Andersson is a real stand out performer. He is totally dedicated to his clients, always working exceptionally hard to deliver the best possible result for them. He is a pleasure to work with.'

  • ‘Always accessible, flexible and ability to think outside the box.'

  • ‘I have had a number of cases with Kristian Andersson, who is a recognized insolvency lawyer in the industry. Kristian has solid experience with handling companies in crisis and reconstruction. Kristian has additional experience in finance and M&A, which makes his advice particularly broad and deep.'

  • ‘They are proactive, responsive and provide excellent advice on the Danish insolvency regime.'

  • ‘The law firm Schjødt is newly established in Denmark with a few well-known profiles in the insolvency field. They have a Nordic approach to their cases, which therefore has a profile that no other competitors have in Denmark.'

  • 'Very committed and reliable. High competence level, and strong network.'

  • 'Kristian Andersson is very reliable, competent, business oriented and enjoyable to work with.'

Key clients

  • Danske Bank A/S
  • Jyske Bank A/S
  • The Danish Debt Collection Agency
  • Sydbank A/S

Work highlights

  • Advised Jones Day (as Dutch receivers) on bankruptcy proceedings for Scotch & Soda’s Scandinavian entities, resulting in a reduction of the Danish entity's unsecured debt from DKK18m to DKK3m.
  • Advised as trustees for the estates of Yourpay ApS and its subsidiary in bankruptcy, including involvement in legal proceedings around whether security accounts belonging to merchants had been sufficiently secured.
  • Advised as trustees for the DKK135.6m bankruptcy of BOOK1 Design Hostel A/S, a luxury hostel in Aarhus.

Practice head

The lawyer(s) leading their teams.

Kristian Gustav Andersson, Victoria Grevit Eriksen