DEPARTMENT PROFILE

Kromann Reumert

Restructuring/Insolvency

2 ranked lawyersBand 1DenmarkEurope 2021 View ranking table
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chambers review
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Ranked Lawyers

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What the team is known for

Acclaimed practice known for covering a broad range of restructuring and insolvency matters, such as estate administration and related transactional support. Acts for a number of key financial institutions on negotiations with Danish companies for the restructuring of their debt. Well placed to handle liquidation proceedings and clawback actions. Particularly active on insolvencies in the retail and leisure industries.

Strengths

An interviewee endorses the lawyers' commercial advice, saying: "They work with us to find the solution to the problem."

A client appreciates that the law firm "quickly gained a strong understanding of our business and the need for tailoring solutions to it."

Work highlights

Represented the liquidator of CS&P Aviation Fund B in a structured sales process and a subsequent redemption process.

Notable practitioners

Aarhus-based Christian Jul Madsen is best known for representing banks as creditors of distressed companies from a range of industries.

Teis Gullitz-Wormslev represents companies as well as banks as creditors in insolvencies from a range of industries including travel and retail. A client notes that he is "very user-friendly, commercial, understands the key elements of the legal position and is a very effective communicator."

Department Information

This content is provided by Kromann Reumert.

Overview

Kromann Reumert's Insolvency and Restructuring group boasts Denmark's leading specialists who provide advice to all types of distressed businesses, lenders and other creditors. We have also accumulated unique specialist knowledge through our assistance in several complex cases concerning non-performing loans.

Our extensive experience enables us to provide fast and informed recommendations that identify solutions to maximise value for the relevant business or creditor – from a legal and commercial point of view. We can provide ongoing assistance to ensure efficient handling of the matter.

Our areas of advice include:

- Restructuring
- Compulsory dissolution
- Bankruptcy

Members

Gullitz-Wormslev, Teis

Jul Madsen, Christian

Krebs, Kamilla

Laulund, Andreas Boe

Restructuring/Insolvency Department

Kromann Reumert

firm
Department location

Sundkrogsgade 5

Copenhagen

Hovedstaden

Denmark

DK-2100

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Ranked Lawyers

Chambers Research is conducted by 200 Research Analysts, across 200 jurisdictions and provides nearly 6,000 rankings tables. Annually we collect hundreds of thousands of responses from clients, the majority via in-depth interview. Learn more about our methodology.

Denmark

Restructuring/Insolvency


Christian Jul Madsen
Band 1
Teis Gullitz-Wormslev
Band 3