Insolvency Law and Reconstruction of Businesses

LETT has extensive experience in all issues relating to insolvency law.

 

Given the size of our insolvency-law team and the location of LETT’s offices, we are able, at short notice, to select a team of highly qualified as well as experienced staff members to assist our clients in urgent situations anywhere in Denmark. The team also draws on competence from LETT’s other practice areas and we can thus, at short notice, bring together a tailored team of specialists. Consequently, we provide advice within all areas relating to businesses facing financial difficulties. 

 

LETT regularly acts as a corporate reconstruction administrator, trustee in bankruptcy and liquidator in connection with reconstruction, arrangements with creditors and winding-up of businesses.

 

In a number of cases, LETT has assisted owners, creditors, boards of directors or executive boards in reconstructing ailing businesses. The assistance rendered comprised all kinds of reorganisation, including corporate changes, capital injections or divestment of some or all activities. Our advice includes both impact assessment of share or asset transfers and planning as well as determining the most appropriate structure considering the needs and situation of the individual debtor or creditor.

 

LETT assists Danish and foreign financial institutions in a number of cases relating to the setting up of structures for the purpose of hedging commitments, including complex transfers as well as liquidations of commitments.