DLA Piper Denmark‘s ’strong’ insolvency and restructuring team, renowned for its ‘great knowledge, commitment, and efficiency,’ advises both domestic and international stakeholders on a range of matters during the current increased number of insolvency cases and the implementation of preventive restructuring proceedings. The team is co-led by Henrik Sjørslev, seen as ’a key figure,’ who is well-versed in all areas of bankruptcy and insolvency law, including out-of-court restructurings, insolvency litigations and distressed cross-border M&A. He is supported by Per Astrup Madsen, who is known for his expertise in in-court restructurings and renowned for ‘serving as highly experienced trustee in numerous bankruptcy cases.’ Henrik Lund-Koefoed is another key figure, specialising in advising foreign professional lenders on Danish insolvency law.

Legal 500 Editorial commentary

Testimonials

Collated independently by Legal 500 research team.

  • 'Strong team with great knowledge, commitment and efficiency. Always aware and ready with great service.'

  • ‘Henrik Sjørslev, and his team are excellent insolvency lawyers. All very experienced.'

  • 'Stands out as a truly exceptional team, with deep specialization and a wealth of experience across both large, complex cases and the efficient handling of smaller matters. What’s particularly impressive is their seamless internal collaboration, which enhances their problem-solving approach. This firm exemplifies a well-coordinated team that consistently delivers strong work.'

  • ‘Henrik Lund-Koefoed a younger lawyer, experienced in insolvency and definitely a rising star.'

  • ‘A key figure in the firm is Henrik Sjørslev. He has a remarkable ability to find solutions even in difficult situations. He is known for turning words into action, even when dealing with the most challenging cases.'

  • 'Trine Hasselbalch manages a significant number of out-of-court restructurings and has a refined expertise in handling them as well as handling difficult bankruptcies. She's effective and solution orientated. Trine also takes on international assignments and is highly respected for knowledge and experience in the field of insolvency.'
  • 'Per Astrup Madsen is another standout in the team. His legal acumen is second to none and he possesses an extensive knowledge of both legal theory and practice, and is particularly adept at translating that theoretical understanding into effective, practical solutions for clients. Per excels in handling in-court restructurings, showcasing a mastery of the process, while also serving as a highly experienced trustee in numerous bankruptcy estates.'
  • ‘Trine Hasselbalch in respect of handling of restructuring, Henrik Sjørslev in respect of acting as board member of association of insolvency lawyers and association of group of selected permanent trustees appointed by the Maritime and Commercial Court of Copenhagen ’

Key clients

  • The Danish Guarantee Fund for Non-life Insurers (Garantifonden for Skadesforsikringsselskaber)
  • The Official Committee of Unsecured Creditors to the SAS Group
  • Danske Bank A/S (Realkredit Danmark)
  • Sydbank A/S

Work highlights

  • Advised as Danish counsel for the Official Unsecured Creditor’s Committee in the Chapter 11 cases of SAS AB and 10 other SAS-group companies and entities.
  • Advised as court-appointed administrator in the insolvency proceedings of companies with the Paustian Group.
  • Advised Qlife ApS on its in-court restructuring proceedings.

Lawyers

Leading associates
Leading associates with regular involvement in their team's key work, and recognition from peers or clients as being ones to watch.
Leading partners
The strongest partners in their field, leading on market-leading deals and endorsed by peers and clients alike.

Practice head

The lawyer(s) leading their teams.

Henrik Sjørslev, Per Astrup Madsen, Jørgen Flodgaard

Other key lawyers

Trine Hasselbalch, Henrik Lund-Koefoed