Two new partners at Horten

Horten has admitted Bo Christensen as Junior Partner and René Frisdahl Jensen as Partner.

The transition away from IBOR rates

We take a closer look on the impact that the transition away from the IBOR rates will have on Lenders, Borrowers and Investment Funds, after the new European reference rate €STR (Euro Short-Term Rate) was published for the first time on 2 October 2019.

The purchase option scheme is phased out, and new schemes are introduced for adjoining properties of renewable energy plants

A political agreement has been made concerning phasing out of the present purchase option scheme, change of the value reduction scheme and establishment of three new schemes to improve the conditions of the affected citizens.

Compensation for loss of commission during holiday

Recently, the Supreme Court decided on the reference period to be applied when calculating compensation for loss of commission during holiday to an employee paid on a commission basis.

Employer not liable for compen­sation for work-related mental injury

On 6 November 2019, The Western High Court acquitted an employer of liability to pay compensation in a case of an unskilled employee’s mental illness as a consequence of working at a school with pupils with problem behaviour.