A sound and secure legal basis is essential for a visionary business, in order for the management to focus on the commercial matters of the company.

Terms and Conditions of Business

The terms of business apply to any case or assignment that DreistStorgaard performs for a client.

Entering and performing an assignment

We maintain an ongoing dialogue with the client about the legal assistance and the extent of the assignment or assignments at hand. It is important to us to provide qualified legal assistance at the agreed time and within the scope agreed upon.

Conflicts of interest

On receipt of a case, we examine whether there is a conflict of interest. If so, we will readily refer you to another law firm.

The Danish Money Laundering Act

All law firms are subject to the provisions of the Danish Act on Measures to Prevent Money Laundering and Financing of Terrorism (the Danish Money Laundering Act). This means that we are required to obtain and store information about the identity of all our clients. For example, for each case, we are required to collect data about the client’s name, address and civil registration number or company registration number. With respect to foreign clients, we are required to obtain identity information that identifies the client in the same manner as a civil registration number or a company registration number. The information about the client’s identity will be stored for at least five years after the termination of the professional relationship pursuant to the provisions of the Danish Money Laundering Act.

Case handling etc.

All assistance is rendered in accordance with the rules in force regarding the work of lawyers, including the rules regarding lawyers in the Danish Administration of Justice Act and the code of conduct drawn up and provided by the General Council of the Danish Bar and Law Society. The ensuing process and the extent of our legal assistance is agreed with the client on an ongoing basis. The copyright and all other intellectual property rights to the written material that we deliver to a client in connection with a case are the property of DreistStorgaard, unless otherwise agreed between the client and DreistStorgaard. Thus, the client will only have the rights that are necessary to use the written material to the usual extent. DreistStorgaard will store all case documents for at least five years from the conclusion of the case. Original documents are returned at the conclusion of the case, at the latest.

Confidentiality

DreistStorgaard is obliged to treat all information received from the client or about the client confidentially. The duty of confidentiality applies indefinitely.

Fees

DreistStorgaard determines a fee based on the extent of the work. Moreover, the nature of the work we perform, as well as the responsibility connected with the assignment, the complexity of the case and not least the degree of specialist knowledge that the processing of the case requires, is taken into consideration. Costs and charges related to the case are paid by the client in addition to the fee. This includes registration fees, court fees, charges, travel and accommodation expenses, as well as expenses for sizeable copying jobs and shipment.

Payment

In prolonged cases, one or more payments on account are generally made. In brief cases, bills will usually be settled at the conclusion of the case. Costs and expenses related to a case are usually charged together with payments on account or, respectively, final settlements after the expense has been paid. However, the client is usually required to pay larger costs and expenses related to the case in advance.

Our terms of payment are net 8 days from the date of invoice. In case of overdue payment, interests are calculated in keeping with the provisions of the Danish Interest Act. Any client funds entrusted to DreistStorgaard is managed in accordance with the rules on the treatment of client funds of the Danish Bar and Law Society. The money is deposited into a client account at our bank, and added interest accrue to the client, in keeping with the rules on this subject of the Danish Bar and Law Society.

Liability insurance

DreistStorgaard is responsible for the legal advice provided in accordance with the general rules of Danish law and is insured against third-party risks with a reputable insurance company. Via the same insurance company, a compulsory guarantee is provided for client account funds pursuant to the rules on this subject of the Danish Bar and Law Society. The contact information for our insurance company is: Tryg Forsikring, Klausdalsbrovej 601, 2750 Ballerup, phone number 70 11 20 20.

DreistStorgaard, our employees and our business partners are not responsible for indirect or consequential losses, including operational losses, loss of data, lost profit, goodwill, image etc. DreistStorgaard, its partners and employees are not liable for any mistakes made by advisers to which DreistStorgaard has referred the client, just as DreistStorgaard, its partners and employees are not liable for any mistakes made by subcontractors to whom Dreist Storgaard has handed over parts of the resolution of the assignment as agreed with the client.

Applicable law and venue

Any dispute is subject to Danish law, and the venue shall be the District Court of Roskilde.

Our lawyers

All of our lawyers hold a practicing certificate from the Ministry of Justice and are members of the Danish Bar and Law Society. DreistStorgaard and the individual lawyers are subject to supervision by the Danish Bar and Law Society, including the rules regarding legal ethics. Complaints about lawyers’ fees and/or conduct can be brought before the Disciplinary Board of the Danish Bar and Law Society. Information about the Disciplinary Board of the Danish Bar and Law Society, including contact information, is available on the website of the Disciplinary Board of the Danish Bar and Law Society.

Marketing and references

Following the conclusion of an assignment within the field of commercial law, where DreistStorgaard has contributed as an adviser, DreistStorgaard may use the case as a reference in marketing-related contexts, unless otherwise agreed.