Compulsory dissolution
The compulsory dissolution of a company is often a turbulent procedure. Within a relatively short timeframe, decisions must be made regarding the future of the company, including whether operations should be continued or not.
We have significant experience in acting as an advisory partner for businesses that are subject to compulsory dissolution proceedings. Also, several of our team members are permanent trustees for the Bankruptcy Division of the Maritime and Commercial Court in Copenhagen and the Bankruptcy Court in Aarhus, and we are therefore frequently appointed as liquidators of companies subject to compulsory dissolution by order of the Danish Business Authority.
Our thorough knowledge of compulsory dissolution procedures means that we can quickly set to work. We have the requisite insight and courage to assist management in making tough decisions about the business – including whether it can and should resume trading, or whether there are better options involving liquidation, restructuring or bankruptcy. We make sure that all aspects are taken into consideration without causing unnecessary damage to the business, and while also attending to creditor interests.
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