Insolvency and Restructuring
If a business is in financial difficulties, it is essential to find creative alternatives. We can help you to find viable solutions in due time.
We can offer strong special competencies and guarantee an effective case handling, and we have a deep and broad experience in relation to insolvency and restructuring, including:
- Insolvency proceedings
- Out-of-court creditor compositions
- Creditor representation
- Optimisation of lender’s position
We are frequently appointed liquidators, organisers of creditor compositions or administrators by request of lenders. In addition, we have great experience in advising the managements of distressed companies how to navigate out of the crisis at an early stage.
Our client portfolio also includes:
- National and foreign banks and suppliers with claims against distressed companies
- Distressed businesses
- Companies and/or individuals with commercial and financial interests in a distressed business, such as shareholders and owners
Our insolvency team
Our insolvency team consists of partners and senior lawyers with many years’ experience, including three certified insolvency lawyers. In addition, the team consists of several specialised assistants who have several years of experience in insolvency proceedings.
The team has a strong, international network and a thorough knowledge of the many differencies between local and foreign insolvency systems. We advise foreign creditors and have experience in managing assets abroad.
“NJORD Law Firm acts for creditors and distressed business in insolvency proceedings and assists with the drafting and renegotiation of creditors’ and loan facility agreements. The firm is frequently appointed as liquidator, organiser of creditor compositions and administrator. Malene Eigtved and Jørgen Erik Frandsen jointly head the practice and regularly advise managements and shareholders on restructuring measures.”