Gorrissen Federspiel

This cross border Banking & Finance guide provides a summary of the key issues for lenders providing commercial loan facilities in Denmark including loan markets and recent developments, lending, security and guarantees, enforcement, intercreditor issues and governing law and disputes

This Practice Note produced in partnership with Gorrissen Federspiel is a guide to restructuring and insolvency in Denmark, including key legislation, types of proceedings available, applicable time limits to commence insolvency proceedings, treatment of stays, post-filing credit (DIP finance), set-off, employment liabilities, distributions, reviewable transactions, directors’ liabilities, cross-border co-operation and updates and trends.

This is a chapter in a survey of World-Wide Financial Services Laws and Regulations, intended to provide a quick and easy overview of the key laws and regulations applicable to financial businesses in Denmark. The questions have been developed in discussion with the financial services industry in Denmark. The answers are intended to contain sufficient detail to be helpful without inhibiting their use as a reference tool. Detailed legal advice will be required when new services are to be undertaken, products developed or offices opened in Denmark.