Nye faste kuratorer og likvidatorer: DreistStorgaard blandt de udvalgte
Advokat og partner Søren Storgaard og advokat Per Michael Klausen er pr. 1. januar 2026 udnævnt som faste kuratorer og likvidatorer ved Skifteretten i Roskilde sammen med ni andre advokater. “Udnævnelsen er en stor tillidserklæring, som vi er både stolte af og taknemmelige for. Vi ser frem til at bidrage med vores erfaring og faglighed i arbejdet for skifteretten,” Søren Storgaard Som faste kuratorer og likvidatorer kan Søren Storgaard og Per Michael Klausen blive udpeget i de sager, hvor skifteretten ikke finder grundlag for at udpege en anden foreslået advokat. Udnævnelsen er sket efter en ansøgningsrunde med i alt 48 ansøgere og afspejler en betydelig faglig tillid fra skifteretten. Udnævnelsen løber frem til 31. december 2030. Vi ønsker stort tillykke med udnævnelsen. FAKTABOKS En kurator er den advokat, som skifteretten udpeger til at håndtere konkursbehandlingen, når en virksomhed går konkurs. Opgaven består blandt andet i at skabe overblik over virksomhedens økonomi, sikre og realisere aktiver samt sørge for, at midlerne fordeles korrekt mellem kreditorerne. En likvidator varetager tilsvarende opgaver i forbindelse med opløsning af selskaber, der ikke længere skal drives videre. Her er fokus på en ordentlig og kontrolleret afvikling af selskabets aktiviteter.
DreistStorgaard advises listed companies on international corporate transactions in Denmark and Germany
During 2025 DreistStorgaard Law Firm has provided legal advice to a number of listed clients on cross-border M&A and corporate transactions transactions in both Denmark and Germany. In particular, we have assisted several Chinese listed companies with strategic investments and acquisitions in Europe. Advising Goertek on its investment in Gryphon Audio In the spring of 2025, DreistStorgaard advised the blue-chip Chinese audio group Goertek, which already owns Dynaudio and AM3D in Denmark, in connection with the group’s investment in the Danish high-end audio company Gryphon Audio, headquartered in Silkeborg. Through its Danish company Goerdyna Holding, Goertek acquired a minority stake in Gryphon Audio. DreistStorgaard performed due diligence and advised on all legal aspects of both the share purchase agreement and the shareholders agreement for the future joint ownership. The team was led by Jingjing Su and Nikolaj Juhl Hansen in close collaboration with Jacob Dreist (company law and transaction documents) and Morten Lindkvist Nielsen (employment law). The existing owners were advised by Kromann Reumert. Read more about the transaction here Advising Jiangsu Asia-Pacific Alloy Technology on the acquisition of Alunited DreistStorgaard has also advised the Chinese listed company Jiangsu Asia-Pacific Alloy Technology Co., Ltd. in connection with the company’s acquisition of Alunited, an automotive company with production facilities in both Denmark and France. The seller was the German private equity fund Fidelium Partners. A team led by partner and solicitor Nikolaj Juhl Hansen assisted Jiangsu Asia-Pacific Alloy Technology with the Danish aspects of the transaction, including due diligence and drafting of the transfer agreement. The team also included partner Martin Skovbjerg, associates Jacob Dreist, Jingjing Su and Morten Lindkvist Nielsen as well as junior associates Nadia Vinther and Mads Magnus Gylling Olsen. DreistStorgaard was part of an international advisory team, as Jiangsu Asia-Pacific was also assisted by Livingstone (corporate finance) and the law firms Heuking (Germany) and Chammas & Marcheteau (France). Fidelium Partners were advised by Klein Wenner (Germany and France) and Horten (Denmark). Advising Chow Tai Seng on the acquisition of MBL Akustikgeräte GmbH & Co. KG Most recently, DreistStorgaard advised the famous Chinese luxury brand Chow Tai Seng in connection with the acquisition of the German high-end audio company MBL Akustikgeräte GmbH & Co. KG. After MBL entered into reconstruction earlier in 2025, DreistStorgaard, together with the German law firm Brödermann Jahn, assisted Chow Tai Seng with the acquisition of MBL’s assets, production facilities, distribution network and employees. DreistStorgaard’s Jingjing Su and Nikolaj Juhl Hansen had overall responsibility for the transaction and, in close cooperation with the other advisors, carried out a swift and efficient due diligence process and prepared and negotiated the transaction documents. International experience with M&A transactions DreistStorgaard has substantial experience with international business acquisitions, M&A transactions, and strategic investments across industries and borders. Our dedicated teams combine deep expertise in Danish corporate and transactional law with a broad international network of partners, enabling us to advise both Danish and foreign clients on complex, cross-border transactions.
DreistStorgaard rådgiver børsnoterede selskaber ved internationale virksomhedshandler i Danmark og Tyskland
English version here DreistStorgaard Advokatfirma har i 2025 ydet juridisk rådgivning til en række børsnoterede klienter i forbindelse med M&A-transaktioner og virksomhedshandler i både Danmark og Tyskland. Særligt har vi bistået flere kinesiske børsnoterede selskaber med strategiske investeringer og opkøb i Europa. Rådgivning af Goertek ved investering i Gryphon Audio I foråret 2025 rådgav DreistStorgaard den kinesiske audio-koncern Goertek, som i forvejen ejer Dynaudio og AM3D, i forbindelse med koncernens investering i den danske high-end lydvirksomhed Gryphon Audio, med hovedkvarter ved Silkeborg. Via sit danske selskab Goerdyna Holding købte Goertek en minoritetsandel i Gryphon Audio. DreistStorgaard udførte due diligence og rådgav om alle juridiske aspekter af både købsaftalen og ejeraftalen for det fremtidige fælles ejerskab. Teamet blev ledet af Jingjing Su og Nikolaj Juhl Hansen i tæt samarbejde med Jacob Dreist (selskabsret og transaktionsdokumenter) og Morten Lindkvist Nielsen (ansættelsesret). Den eksisterende ejerkreds blev rådgivet af Kromann Reumert. Læs mere om transaktionen her Rådgivning af Jiangsu Asia-Pacific Alloy Technology ved køb af Alunited DreistStorgaard har endvidere rådgivet det kinesiske børsnoterede selskab Jiangsu Asia-Pacific Alloy Technology Co., Ltd. i forbindelse med virksomhedens køb af Alunited, en automotive virksomhed med produktion i både Danmark og Frankrig. Sælger var den tyske kapitalfond Fidelium Partners. Et hold ledet af partner og advokat Nikolaj Juhl Hansen bistod Jiangsu Asia-Pacific Alloy Technology med de danske aspekter af transaktionen, herunder due diligence og udarbejdelse af overdragelsesaftale. Teamet bestod derudover af Martin Skovbjerg, Jacob Dreist, Morten Lindkvist Nielsen samt advokatfuldmægtige Nadia Vinther og Mads Magnus Gylling Olsen. DreistStorgaard indgik i et internationalt rådgivningsteam, hvor Jiangsu Asia-Pacific også blev bistået af Livingstone (corporate finance), samt advokatfirmaerne Heuking (Tyskland) og Chammas & Marcheteau (Frankrig). Rådgivning af Chow Tai Seng ved køb af MBL Akustikgeräte GmbH & Co. KG Senest har DreistStorgaard rådgivet det kinesiske luksusbrand Chow Tai Seng i forbindelse med købet af den tyske high-end audio virksomhed MBL Akustikgeräte GmbH & Co. KG. Efter at MBL tidligere i 2025 indtrådte i rekonstruktion, bistod DreistStorgaard sammen med det tyske advokatfirma Brödermann Jahn og Oaklins Beierholm Danmark Chow Tai Seng med overtagelsen af MBL’s aktiver, produktionsfaciliteter og medarbejdere. DreistStorgaards Jingjing Su og Nikolaj Juhl Hansen havde det overordnede ansvar for transaktionen og gennemførte i tæt samarbejde med de øvrige rådgivere en hurtig og effektiv proces med due diligence samt udarbejdelse og forhandling af transaktionsdokumenter. International erfaring med M&A-transaktioner DreistStorgaard har betydelig erfaring med internationale virksomhedshandler, M&A-transaktioner og strategiske investeringer på tværs af brancher og landegrænser. Vores dedikerede teams kombinerer dyb indsigt i dansk selskabsret og transaktionsjura med et bredt internationalt netværk af samarbejdspartnere, hvilket gør os i stand til at rådgive både danske og udenlandske klienter i komplekse, grænseoverskridende transaktioner.
DreistStorgaard overrakte LEVE-PRISEN 2025 til Liselund Fontænen
Til Udviklingskonferencen 2025 havde vi i DreistStorgaard den store fornøjelse at overrække LEVE-PRISEN 2025 og en donation på 15.000 kr. til Krista og Steffen Steffensen for deres arbejde med Liselund Fontænen på Møn. Prisen blev overrakt af vores kommunikationsansvarlige, Janne Jelstad, på vegne af partner Svend-Aage Dreist Hansen, som er medlem af Sjællands Udviklingsalliance. Derfor hylder vi Liselund Fontænen Hos DreistStorgaard ønsker vi at bidrage til udvikling og vækst i lokalsamfundene, og LEVE-PRISEN er et vigtigt led i den indsats. Med prisen anerkender vi den forskelligartede og imponerende indsats, Krista og Steffen Steffensen har ydet gennem Liselund Fontænen – en indsats, der spænder fra kulturliv og erhvervsliv til sociale projekter. “Med LEVE-PRISEN 2025 anerkender vi Krista og Steffen Steffensen for Liselund Fontænen på Møn. Deres brede engagement bidrager til at gøre Møn til et attraktivt sted at leve – til glæde for både borgere, erhvervsliv og turisme,” Svend-Aage Dreist Hansen, partner i DreistStorgaard og repræsentant i Sjællands Udviklingsalliance. Et lokalt engagement, der inspirerer Liselund Fontænen drives af Krista og Steffen Steffensen sammen med deres tre sønner. Familiens arbejde spænder fra istandsættelse af historiske bygninger som Liselund Slot til udvikling af kulturprojekter som Filmhøjskolen Møn og Liselund Rangers. De investerer desuden i virksomheder, der skaber arbejdspladser, tilflytning og social bæredygtighed på Møn og i resten af Sydsjælland. “Tusind tak for den anerkendelse, vi har fået med LEVE-PRISEN. Vores håb er, at den opmærksomhed, prisen giver, kan inspirere flere til at bidrage til udviklingen i Guldkanten,” Krista og Steffen Steffensen. Om konferencen Udviklingskonferencen er et årligt initiativ af Sjællands Udviklingsalliance, hvor Svend-Aage Dreist Hansen repræsenterer DreistStorgaard som medlem. Alliancen består af SJF Bank, Region Sjælland og Erhvervshus Sjælland, i samarbejde med Business Lolland-Falster som konferencepartner og Sjællandske Medier som mediepartner.
Bill on prior approval of companies entering into agreements with the public sector has a broad framework
A few weeks ago, the government submitted a draft law for consultation that will affect all companies – including Danish ones – that enter into agreements with public authorities and companies within areas that are characterized as either a critical sector, critical technology or critical infrastructure. The consultation period expired on 29 March 2023, and after that we expect a rapid adoption of the legislative changes that the proposal will entail, probably by mid-2023 at the latest. What a critical sector, critical technology and critical infrastructure? The Investment Screening Act has been in force since 2021, and has meant that the purchase of and investment in Danish companies by foreign persons and companies, the establishment of subsidiaries in Denmark and the conclusion of certain agreements with Danish contracting parties must be pre-approved by the Danish Business Authority, if we are within the scope of a number of critical sectors, critical technology and critical infrastructure, cf. the overview at the bottom of this news (in English). In this context, Denmark has defined what is critical very broadly, also when we compare ourselves with the other EU countries. We find that concrete clarification is often needed as to whether a given technology is critical or whether an area is actually defined as critical infrastructure. The new rules will initially only come into effect in the area of energy, and this is done in order to frame the conclusion of an agreement regarding the future energy island in the North Sea, but it is expected that a large number of the other critical areas will be covered before the end of 2023. Public contracts The new rules aim at any “public contract”. Public contracts are very broadly defined as any goods purchase, construction, framework, supplier, operating, service or concession agreement (i.e. in relation to the latter, where a contracting authority transfers responsibility for the delivery of a construction work or a service to a supplier who, as consideration for this, either receives the right to use the construction work or the service or this right together with the payment of a price) within a critical area, which is entered into with state, regional and municipal authorities, bodies governed by public law and associations of one or more of these authorities or one or more of these public law bodies as well as state companies. There is no lower limit for what value the public contract must have in order to be approved. If it concerns a critical area, the value is immaterial. Purely Danish companies are also covered. Until now, investment screening has been reserved for cases where foreigners were involved, including in relation to Danish companies owned from abroad. But the new screening rules in the area of public contracts apply to all contracting parties, and thus also purely Danish companies. This is, of course, a very drastic expansion of the scope of application of the rules, and something that must be expected to entail significant administrative burdens for companies that have the public sector as customers. Subcontractors Furthermore, the focus of the new rules is not only on the direct contracting party, as subcontractors must also be specified and approved as part of the procedure at the Danish Business Authority. If the subcontractors of e.g. significant partial deliveries are not known at the time of the contract award, the Danish Business Authority can set a condition in the permit that these must be approved when they are appointed. The companies that apply must therefore have incredibly good control over the use of subcontractors and they may have significant administrative burdens, also during the contract period. The approval process The process of approval can risk significantly delaying the conclusion of the contract, as the application must, as a rule, only be submitted once a party to the agreement has been identified for the agreement in question. In special cases, e.g. in relation to the tender process around the energy island in the North Sea, however, a requirement can be made that all bidders are approved before awarding. It is always the contracting party that must apply for permission from the Danish Business Authority. However, the covered public actors are also obliged by law, as a final agreement may not be entered into before permission has been obtained. For the same reason, an agreement entered into without permission is invalid. It is planned that unproblematic applications can be processed within a period of 45 working days, whereas, in relation to complicated applications that require a “phase 2” review, there is a deadline of 125 working days. The approval procedure also applies to public tenders. It is the specific conclusion of the agreement that is approved, and companies cannot thus be “pre-approved” to enter into an agreement with the public sector. DreistStorgaard’s comments It is our opinion that the rules for entering into agreements with public actors are significantly complicated. The complexity that has been there so far in terms of tendering rules is increasing significantly. Advisors will now often have to be involved in connection with entering into an agreement, particularly in relation to whether this requires approval, and if so, handling the application process itself. This means that the costs of entering into an agreement with public actors may risk increasing significantly. Since it is not only the company itself that must be approved, but also the subcontractors, this requires a very strict handling of the subcontractors and that one considers whether they could endanger an approval. This too risks becoming a significant administrative burden and, of course, particularly for small and large companies and in relation to agreements that are not currently covered by the procurement rules. One can therefore hope that based on the consultation response from the organizations that have been asked for advice, there will be a relaxation of the rules before they are adopted, but if the process is the same as when the Investment Screening Act was adopted in May 2021, then there will probably
Find your way through the debt collection jungle and learn the good reminder process
What do you do when a customer doesn’t pay, how many reminders should you send to the customer, and when should you consider sending the case to debt collection? It can be difficult to find your way around the debt collection jungle, but we have collected a few good tips and knowledge to make it a little easier. If a customer does not pay, it may be advantageous for the sake of the customer relationship to initially send the customer a friendly reminder of the non-payment. It could be that there has been a cross-payment or that the non-payment is simply due to an oversight. If the customer still does not pay, you should send a reminder letter to the customer. There is neither an upper nor a lower limit to how many reminders you must send to the customer before the case is, for example, handed over to our debt collection department. However, there is a limit to how many reminder fees you may charge: You may only claim a total of three reminder fees spread over three reminder letters sent at least 10 days apart. The reminder fee must be clearly stated in the reminder letter and must, as a rule, amount to no more than DKK 100. It is important that during the reminder process you consider whether it is time to send the claim to debt collection. In this connection, it would be appropriate to keep an eye on when the claim expires. Invoice claims expire after 3 years as a starting point. The claim should therefore be sent to debt collection in good time before then. What do you do when your customer does not pay despite reminders? If, despite reminder letters, the customer still does not pay, there are two options for the further process regarding recovery of the amount. Option 1) You can either choose to send a collection notice to the debtor yourself. In that case, it is important that the debt collection notice states that the debtor can pay off the claim within a minimum of 10 days without incurring additional costs, and that the case will be sent to debt collection with additional costs for the debtor if payment is not made , cf. § 10 of the Debt Collection Act. Option 2) You can also choose to simply send the matter to our debt collection department, which will subsequently send a debt collection notice – and a letter to the debtor. Depending on the nature of the case, the case can subsequently be sent to the enforcement court with a view to obtaining a judgment for the claim as well as the possibility of obtaining security in the debtor’s assets, if any.
Do your company’s statutes and rules of procedure correspond to reality?
The Danish Parliament has recently adopted an amendment to the Annual Accounts Act, so that the deadline for reporting the annual report will henceforth be 6 months. In this connection, we encourage all companies to check whether their articles of association contain a wording about the previous reporting period of 5 months, and we are happy to help you check and make the necessary changes. For example, if a company’s articles of association contain a wording that an ordinary general meeting must be held within 5 months of the end of the previous financial year, the articles of association should be amended so that the general meeting can be held within 6 months of the end of the previous financial year. Are there rules of procedure? In the same connection, we encourage companies with a board of directors to review their rules of procedure. We find that many auditors in recent years have tightened up their responsibility to check whether a company holds the number of board meetings stated in the company’s rules of procedure and whether minutes of the meetings have been prepared. Therefore, the rules of procedure should reflect reality. There is no requirement for a specific number of board meetings, but it is considered good management to hold a minimum of 4 annual meetings. We can help you ! We are of course happy to help check your company’s articles of association and any rules of procedure and make the appropriate changes. You are more than welcome to contact DreistStorgaard on tel.: 5664 3320 or by email kontakt@dslaw.dk.
When liquidity presents the company with challenges and leads them towards bankruptcy
The current economic situation in 2022 means that we will experience more bankruptcies. Unfortunately, the trend shows an upward curve and here in October it is expected that the number of bankruptcies will also be high, as in the previous months [1] . This is where restructuring can be used to make a last ditch effort to prevent bankruptcy and give the company a chance to get back on its feet. The purpose of a reconstruction It is to place the company in a state of hibernation, where the financial conditions are examined and where the options for saving all or part of the company are clarified. It provides an overall overview of how best to handle the liquidity crisis. The creditors may have different interests and one option for them to take care of them is to enter into composition agreements where the amount of the debt is reduced. In a number of cases, the creditor may be better off by waiving part of the debt during a restructuring than by taking the company under bankruptcy proceedings. Why does the company end up in a reconstruction If the company has liquidity problems and fails to pay their bills on time. But even if you are no longer able to pay your bills on time, it does not necessarily mean that you have a bad business.[2] In many cases, the poor liquidity can be caused, for example, by a large customer going bankrupt, a lost court case or the like, where an unexpected loss occurs. The practicalities of reconstruction You can, both as an owner or as a creditor, where the payment has not taken place on time, request a reconstruction in the probate court. It can be a long process, but typically takes about 7 months and must be completed within 12 months, otherwise the probate court automatically requests bankruptcy proceedings. During this period, a reconstructor will be appointed to handle the process. At the same time, a planning meeting with the creditors is scheduled, and then an advertisement is placed in the Statstidende, where the creditors are encouraged to register their claims and come to the planning meeting in the bankruptcy court. The planning meeting itself includes a vote where the creditors must vote on whether they can approve the overall plan from the reconstructor. If the overall plan is approved, the final reconstruction proposal must be drawn up within 6 months, which must then be adopted at a voting meeting in the bankruptcy court. If the proposal is accepted and confirmed by the probate court, it has legal effect and thereby also applies to creditors who may not have voted in favor. If the plan for reconstruction cannot be adopted, the bankruptcy court will basically declare the company bankrupt. Counseling At DreistStorgaard, we have extensive experience in advising companies in connection with liquidity problems. Our specialists are familiar with the issues of insolvency law and can therefore help with the establishment and implementation of financial reconstructions of crisis-affected and insolvent companies. We are ready to advise and help you Contact us on 5663 4466 or kontakt@dslaw.dk By lawyer Steffen Kristiansen [1] https://www.finanshus.dk/makrookenomi/brat-stigning-i-konkurser/ [2] https://www.finanshus.dk/makrookenomi/brat-stigning-i-konkurser/
DreistStorgaard Advokater has assisted with the sale of Viking Energi A/S to Kosan Gas A/S
The capital owners of Viking Energi A/S, with advice from partner Svend-Aage Dreist Hansen, have sold the company to Kosan Gas A/S per 1 December 2022. Since 2012, the Danish company Viking Energi A/S has been a significant player on the Danish gas market. The company has sold and distributed gas in bottles and tanks to businesses and retailers all over the country. When the opportunity for a sale presented itself, and the timing was right, the capital owners in Viking Energi A/S chose to enter into dialogue about a sale. Therefore, on 1 December, Viking Energi A/S was taken over by Kosan Gas A/S, which is one of the Nordics’ leading suppliers of gas in tanks with over 90 years of experience. With the purchase of Viking Energi A/S, Kosan Gas A/S strengthens their position on the Danish market. DreistStorgaard has been involved since the start-up of Viking Energi A/S, and therefore it is a special deal for Svend-Aage Dreist Hansen, who says: “A chapter for the owners of Viking Energi A/S is over, and it has been a big decision for them to sell their company. We are happy to have advised the capital owners in Viking Energi A/S, and together we have arrived at a good result. Our role has been to provide comprehensive and targeted advice in order to optimize the process and the results as best as possible.” The director of Viking Energi A/S, Kenneth Krogh, says about the collaboration with DreistStorgaard: “The collaboration with Svend-Aage Dreist Hansen and DreistStorgaard goes back a long way, and with good reason. I am very satisfied with our cooperation regarding the sale of Viking Energi A/S, where the whole process has gone well and constructively. We have achieved a good sale, and with advice from DreistStorgaard, the extensive legal work has been managed. Thanks to Svend-Aage (ed. Attorney and partner Svend-Aage Dreist Hansen) and his team for the great work.” Congratulations on the business transfer to the capital owners in Viking Energi A/S
DreistStorgaard assists the Viking group in connection with property investments in Croatia
DreistStorgaard Advokater has assisted the Viking group with the preparation of the set of agreements regarding a number of investors’ investment in a real estate project with 20 luxury villa apartments in the coastal town of Rovinj in Croatia. The project is the Viking Group’s 20th project in Croatia since 2010, and the Danish property developer now has a portfolio that includes property projects in a number of cities, including Zagreb, Umag, Rovinj, Opatija and Rijeka. In total, the Viking group has initiated real estate projects with more than 1,000 apartments and villas in Croatia for an investment amount of almost EUR 100 million, of which EUR 30 million. in equity has been raised by more than 30, primarily Danish, investors. The Viking Group has put together a team with extensive international and local experience, consisting of Danish and Croatian forces, who on most projects budget and deliver an IRR over a 3-4 year period of 18-20% while also being able to offer investors a hurdle rate of 8%. Viking Group’s CEO, Jeppe Vestergaard Frandsen, says: “After 12 years in Croatia, we have established a good market position and good relations with the central players, including in relation to sourcing new projects, banks, local authorities, construction companies, estate agents, architects, etc. When you see this in combination with a market which is a member of the EU, which has growth well above the level in the EU, which is underdeveloped in the cities and where urbanization is far below average – and which in 2023 will be part of both the eurozone and Schengen cooperation – then we want to continue to grow our commitment in Croatia”. DreistStorgaard’s team on the case was partner Nikolaj Juhl Hansen and Casper Simonsen, who have now advised the Viking group in connection with the investments in +15 projects. Jeppe Vestergaard Frandsen says about DreistStorgaard: “I have now worked with Nikolaj and his team for 5 years, and it is good to have a “safe hand on the wheel” in relation to getting our investors anchored in a clear financing agreement. They have been a really good help in terms of creating security for our investors”. Advice at DreistStorgaard At DreistStorgaard, we advise on real estate projects both at home and abroad. We have a strong team that specializes in real estate, and can therefore advise on all aspects of a property investment or trade.
