Plesner

Restructuring/Insolvency Department

Denmark
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What the team is known for Leading team that is active predominantly on the debtor side of major insolvency and restructuring proceedings. Team members regularly act as trustees in bankruptcies, advising on disputes with creditors and the collection of receivables owed to bankruptcy estates. Wins praise for handling of asset tracing mandates. Handles cases relating to companies in a broad variety of sectors, notably real estate, maritime, retail and energy. New client wins include Burmeister & Wain Energy and Hellerup Finans, further bolstering the firm's activity on the debtor side of restructuring or bankruptcy matters.

Strengths "The Plesner team is hugely experienced," says one source, noting: "It is one of the largest law firms in Denmark and the lawyers have a lot of knowledge."

Market commentators note the superb reputations of the firm's senior partners.

Work highlights Assisted F Group with its restructuring process. The firm advised on the sale of part of the company, the negotiation of a court-approved composition with creditors and the liquidation of the company's remaining assets.

Notable practitioners

Head of department Lars Skanvig is recognised by interviewees as a key figure in the firm's market-leading restructuring and insolvency practice. He assisted Hellerup Finans with its bankruptcy filing following unsuccessful attempts to restructure debt in the company.

Interviewees report that Pernille Bigaard "has a huge knowledge of distressed, corporate workout and bankruptcy cases." Another source describes her as "very skilled." She boasts long-standing expertise in the insolvency area, with experience in bankruptcy proceedings in sectors including shipping, retail and pharmaceuticals.