Finance and pension

news

Compliance: E-leaning in competition law

20 September 2017

Horten now offers e-learning in competition law tailored to each company.

ATP makes investment in Copenhagen Airports - tender offer expected

15 September 2017

Copenhagen Airports (Nasdaq Copenhagen listed; ticker: KBHL:DC), the operator of the largest airport in the Nordic Region, announced on September 13 that ATP together with Ontario Teachers' Pension Plan had agreed to purchase a stake in Copenhagen Airports bringing joint control over 57.7 per cent of all shares and votes.

The International Comparative Legal Guide to Alternative Investment Funds 2017

28 June 2017

The International Comparative Legal Guide to Alternative Investment Funds is published each year. Partner Claus Bennetsen has contributed to this year's edition.

Change in the regulation of investment advisors

12 June 2017

With a new act, the regulation of investment advisors will be transferred from the Financial Business Act to the Act on financial advisors and mortgage credit intermediaries. As the change introduces restrictions as to which financial instruments investment advisors must advise on, investment advisors may now also receive and transmit orders from investors.

Final sale of LM Wind Power to General Electric

1 May 2017

The actual takeover of LM Wind Power took place on 20 April 2017 following the competition authorities' approval in the EU, USA, China and Brazil.

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.

Horten is part of Copenhagen Fintech Lab's Law Connect

20 March 2017

Horten participates in Copenhagen Fintech Lab’s Law Connect programme where we, together with a number of other law firms, are to assist the Lab's residents with relevant legal sparring.

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.

New billion loan supports the development of Carlsberg Byen's largest phase so far

5 January 2017

Horten has advised Carlsberg Byen in connection with the conclusion of a DKK 4.2 billion financing agreement with the pension company PFA.

New partners

4 January 2017

With effect from 1 January 2017, Horten appointed Lars Lüneborg and Julie Arnth Jørgensen as partners.

Legalisation of loans to shareholders and members of management adopted

1 December 2016

Until now, Denmark has been one of the few EU countries that has not allowed companies to issue loans to shareholders and members of management, except for loans to Danish and some international parents. Obviously, this is a competitive disadvantage. On 1 January 2017, such loans will be legal.

Mezzanine Capital Partners grants EUR 15 million to MBL Gruppen

31 October 2016

Mezzanine Capital Partners has concluded an agreement with MBL concerning a grant to the company and its shareholders of EUR 15 million to ensure MBL's future geographical growth and development of its product range. Horten has assisted MBL Gruppen.

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.

Legalisation of loans to shareholders and members of management

7 October 2016

Danish businesses will finally be able to grant loans to shareholders and members of the management in connection with the adoption of a new bill.

Horten assists VPK Packaging Group with acquisition of Peterson Packaging

3 October 2016

On 3 October 2016, the Belgian packaging manufacturer VPK Packaging Group acquired the Norwegian Peterson Packaging A/S from Pemco A/S and Unitel A/S.

NETS awards shares to approx. 2,500 employees

30 September 2016

In connection with the recent IPO, NETS, the leading supplier of payment solutions, awarded a total of 400,000 shares to approx. 2,500 employees.

Axcel, PFA and PKA acquires control in Danish Ship Finance

28 September 2016

Danish Ship Finance, the leading Copenhagen based dedicated ship finance institution, today announced that its large owners Danske Bank A/S, Danmarks Nationalbank, A.P. Møller-Maersk A/S and Nordea Bank AB (publ) had entered into an agreement to sell their entire shareholdings equal to 72 per cent of the shares in Danish Ship Finance to a Danish consortium consisting of Axcel, PFA and PKA.

IPO of Nets

27 September 2016

Nets, the Copenhagen based digital payment provider, settled the sale and purchase of offer shares in its successful IPO on Nasdaq Copenhagen.

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 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.

New ratings from the international reference book Legal 500

4 May 2016

There are several good news for Horten in the new rankings, among these to new Tier 1-ratings in Media & entertainment and Telecoms.

Bill on registration of actual shareholders adopted

19 April 2016

On 1 March 2016, a bill on registration of actual shareholders was adopted by the Danish Parliament. The act will, among others, amend the Companies Act.

International women lawyers discuss the future of the legal profession

6 April 2016

Horten participates when 150 lawyers from all over the world meet in Berlin on 7-8 April under the headline "Law in a changing world – how women can contribute to innovation of the legal profession".

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.

Public-private investments in Greenland

9 March 2016

On 26 February 2016, Horten and Nuna Law Firm hosted a conference with focus on public-private investments in Greenland.