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 […]
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 […]
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 […]
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 […]
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 […]
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 […]
Do you have a handle on the rules on moving-in and moving-out inspections?
27 December 2022 If you, as a landlord, own more than one residential lease, you are covered by the rules on holding move-in and move-out inspections. Failure to comply with this means that you as the landlord lose your claim to repair the lease upon the tenant’s vacating, this also applies even if the tenant […]
Greenwashing: New rules clarify the boundaries for when you can call something green
In this article, DreistStorgaard’s business team reviews the Danish rules on when a company is guilty of greenwashing . Today, many companies make a point of telling what they do in the ESG area, but you have to be careful that you don’t communicate something that actually goes against the rules of proper marketing. The […]
Is your company compliant?
The Data Protection Regulation and the Data Protection Act, which have been in force since 25 May 2018, provide for a new, significantly increased level of fines that must be effective and deterrent. With the regulation, it is also assumed that the Member States harmonize the sanctions for breaches of the data protection rules. In […]
DreistStorgaard powers the work in the M&A area and advises in connection with capital fund transactions
DreistStorgaard has advised the owners of a group of electrical installers in Zealand, including A/S Aage Langkjær with headquarters in Skælskør, in connection with the sale to the Norwegian capital fund Credo Partners, which at the same time also buys El & Teknik in Næstved and El-Comp in Vordingborg. Credo Partners has recently sold the […]