Nordics - Denmark

DLA Piper Denmark

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DLA Piper Denmark’s finance, projects and restructuring team is known in the marketplace for being ‘very skilled, business-minded and always ready to work on finding solutions for the clients and cases they are working on’. The specialist Nordic practice group routinely handles all aspects of cross-border restructuring and insolvency matters. Three lawyers jointly head the department: distressed business expert Henrik Sjørslev and Jørgen Flodgaard lead alongside Per Astrup Madsen, who is a key contact for ongoing bankruptcy estates and in-court restructurings. Agricultural-sector restructuring specialist Trine Hasselbalch is another key member of the team.

Legal 500 Editorial commentary

Testimonials

Collated independently by Legal 500 research team.

  • ‘Peter Hedegaard Knudsen and Henrik Lund-Koefoed are excellent in familiarising themselves with the specific issues we run into, and they are also good at conveying comprehensible answers.’

  • ‘The DLA restructuring and insolvency team is great. They are very skilled, business-minded and are always ready to work on finding solutions for the clients and cases they are working on. They are well-connected and ready to use it advantageously for their clients.’

  • ‘Trine Hasselbalch is skilled when it comes to finding solutions for her clients, also in complex matters. She is hardworking and has extensive experience in all aspects of restructuring and insolvency legal issues.'

  • 'Per Astrup Madsen is very experienced and able to handle complex matters.'
  • 'Henrik Sjørslev is widely recognised within the restructuring and insolvency field in Denmark. He is extremely experienced and handles also very big international cases with an impressive overview and ability to find viable solutions. ’
  • ‘The insolvency team of DLA is unique. The partners are always available on a short notice and provide an excellent team to solve the matter.’

  • ‘Henrik Sjørslev is extremely experienced and handles large-scale insolvency matters. Always available on a very short notice.’

  • ‘Trine Hasselbalch has great legal skills, combined with a commercial and efficient approach. A problem-solver.’

Key clients

  • The Danish Guarantee Fund for Non-life Insurers (Garantifonden for Skadesforsikringsselskaber)
  • The Official Committee of Unsecured Creditors to the SAS Group Chapter 11 cases
  • The ATP Group
  • PFA Invest
  • SEB Invest
  • AB Invest
  • Finans Denmark
  • Danske Bank A/S (Realkredit Danmark)
  • Sydbank A/S
  • Ringkjøbing Landbobank A/S
  • Sparekassen Sjælland-Fyn A/S
  • Danish Guarantee funds for uninsured claims (DFIM – Dansk Forening for International Motorkøretøjsforsikring)
  • Raiffeisen Bank
  • Swiss Re Group
  • KHR Architecture A/S
  • Playground ApS
  • Karma Sushi ApS, Taqueria ApS and Dan Gastro ApS
  • Repeat Fitness (Fitnesskæden af 25. Januar 2021 A/S in bankruptcy)
  • Tribe Hotel Management Danmark A/S
  • B. Nygaard Sørensen A/S
  • Anker Hansen & Co. A/S
  • Food Alien A/S and its subsidiaries
  • Kompleet Bygning & Inventar A/S
  • Europa Frugt ApS
  • C5 VVS-teknik A/S
  • Hans Christian Halmø in bankruptcy
  • Nørmark Food A/S in bankrupcy
  • Simple Feast (Feast Kitchen A/S)

Work highlights

  • Advising the Unsecured Creditor’s Committee on all Danish legal matters in relation to the pending chapter 11 bankruptcy cases of the SAS Group.
  • Assisting Ausmark ApS with the voluntary solvent liquidation of the company behind the Danish chain of Domino’s Pizza restaurants, following their decision to withdraw all their activities in Denmark, including approx. 30 restaurants.
  • Appointed as trustee of Kurt Skare Holding ApS in bankruptcy. The company acted as top holding company for the Skare Group, a major Danish meat production/slaughterhouse operator with yearly revenue exceeding 1 billion DKK of which almost all the companies were declared bankrupt in February 2023.

Lawyers

Leading individuals

Practice head

The lawyer(s) leading their teams.

Henrik Sjørslev, Per Astrup Madsen, Jørgen Flodgaard

Other key lawyers

Trine Hasselbalch, Per Buttenschøn, Henrik Lund-Koefoed, Peter Hedegaard Knudsen