Insolvency


our experience and expertise

We have wide experience within restructuring, administration of bankruptcy estates, compulsory dissolution of companies and creditor representation as well as optimization of the lender's position. 

We have a strong international network and detailed knowledge of the numerous differences between Danish and foreign insolvency systems, and we provide all relevant advice in connection with foreign creditors' claims against bankruptcy estates.

The team also includes specialised paralegals with broad experience within insolvency. We are therefore able to provide strong specialised competencies and efficient case administration.

Our insolvency team includes partners and senior attorneys with many years' experience as liquidators, restructuring administrators and trustees

our clients

Our clients include Danish and foreign banks and suppliers having claims against distressed companies in Denmark. Our clients also include companies and/or persons having commercial and financial interests in a distressed company as shareholders or owners. 

One client finds the firm to be an efficient choice for a range of cases, saying the team is their 'primary selection for complex cases, but also in situations when I need something to happen quickly and when time is of the essence, because they are solution-oriented and have a really good network of buyers ready to acquire assets from distressed companies'.<br><br>

Chambers, 2018

One source describes the firm as 'very helpful and responsive, timely in their communication, and I was happy with the engagement. I would recommend them without a second thought.'<br><br>

Chambers, 2018

They were very proactive and offered strategic advice. They were also flexible, available and very reasonable.

Chambers Europe, 2017

The Horten team has been excellent. They are very proactive and easy to deal with.

Chambers Europe, 2017

news

Horten recognised as leading law firm by Legal 500

13 April 2018

Horten is recognised as leading law firm within a wide range of legal disciplines. At the same time, 26 partners are nominated as being among the best legal advisers in Denmark.

Recent High Court judgments reject “luxury debt restructuring”

5 April 2018

In two judgments, the Eastern High Court recently rejected restructuring of personal debtors with reference to the fact that the proposed compulsory composition was contrary to the purpose of the rules on restructuring.

The Supreme Court approves flexible agreements concerning provision of security to bankruptcy estates

23 March 2018

Prior to bringing legal action, a bankruptcy estate and a creditor had agreed on payment of security in relation to the action. The creditor provided security for the costs of the action against payment of 50 % of any proceeds from the outcome of the action. The Supreme Court found that there was no basis for setting the agreement aside.

New rankings from Chambers

13 March 2018

Chambers, the leading international guide to the best law firms, ranks Horten as one of the best in the country yet again.

Horten carries out sale of Tvilum to a group of investors and is appointed trustee of the bankruptcy estate

12 February 2018

After intense negotiations, a sale agreement with an investor group was signed on Friday 9 February. With this agreement, 504 out of 598 jobs were preserved.

Unique cooperation between Horten and Symbion

5 February 2018

Horten has entered into unique cooperation with Symbion and Accelerace where we will make a team of lawyers available for start-up businesses at the shared office facilities Horten CoLab.

Two new specialised attorneys at Horten

31 January 2018

Horten has appointed two new specialised attorneys with strong business insight within municipal and administrative law and insolvency and bankruptcy law.

New Managing Partner at Horten

2 January 2018

Finn Schwarz, Attorney and Partner, has been appointed Managing Partner of Horten Law Firm as of 1 January 2018.

IFLR1000 recognises 12 Horten partners

18 October 2017

The international directory IFLR1000 recently published its Financial and Corporate Rankings for 2018 - and Horten has improved its ranking in several areas.

Horten advances in new Chambers and Legal 500 rankings

19 April 2017

In 2017, the leading international ranking agencies, Legal 500 and Chambers, are once again ranking Horten among the best law firms in Denmark.

The EU will help more companies survive

15 March 2017

Each year, 200,000 companies are subject to bankruptcy proceedings within the EU. Now, the European Commission will ensure that more companies survive.

Horten advises Burmeister & Wain Scandinavian Contractor A/S on its acquisition of Burmeister & Wain Energy A/S in bankruptcy

8 February 2017

With effect from 6 January 2017, Burmeister & Wain Energy A/S (BWE) was acquired by Burmeister & Wain Scandinavian Contractor A/S (BWSC), which, despite the common name, has had different owners since the 90'ies.

Global Leaders in Law appoints Horten as exclusive partner for Denmark

10 January 2017

Global Leaders in Law, the leading global general counsel forum based in London, and Horten has announced partnership. Appointed as a global bronze partner, Horten will sponsor the activities of Global Leaders in Law in 2017.

IFLR1000 ranks eight Horten partners as Leading Lawyers and two as Rising Stars

18 October 2016

The international directory IFLR1000 recently published its Financial and Corporate Rankings for 2017. These rankings were good news for Horten, as we have increased the number of partners ranked as Leading Lawyers within their legal areas of expertise.

When is a floating company charge accepted?

20 September 2016

In the Cimber case, the Supreme Court must decide when a chargee accepts a floating company charge.

New fundamental ruling on accumulated bankruptcy restriction orders

5 September 2016

On 11 August 2016, the Maritime and Commercial High Court imposed a bankruptcy restriction order on a "liquidation director" of three companies for a total of nine years.

New rankings from IFLR1000: Horten is still the leading law firm within energy and infrastructure

22 June 2016

Every year, the international directory IFLR1000 publishes a guide of the world's best law firms within energy and infrastructure. In the recently published guide, Horten is, like last year, rated as one of the country's best advisers within this area.

A/B Duegården was allowed to go bankrupt

11 May 2016

The Supreme Court has ruled in the widely publicized case A/B Duegården in liquidation vs. Nykredit Bank A/B and Nykredit Realkredit A/B.

Horten partner admitted as member of the international insolvency institute

20 April 2016

Piya Mukherjee has been admitted as member of the International Insolvency Institute.

Horten Corporate Day 2016 - Danish companies at the forefront

18 March 2016

At Horten's Corporate Day 2016 on 16 March, Danish and foreign executives and experts gave their views on the trends and opportunities of the Danish business sector. Horten will repeat the success next year with Horten Corporate Day 2017.