General Company Law

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General Company Law

Business areas in focus

Challenges and requirements

The most landmark event for Danish companies, in recent times, is the entry into force of the Company Act 2010. The act introduced fundamental changes to the existing legal framework, concerning, for example, setting up a company, equity interests, the company's management, capital requirements, financial assistance, liquidation, mergers and demergers. The new law also gives rise to many new questions. Our clients, therefore, require advice and sparring as to what the new law will mean for their businesses in practice.

How we can help

Advising on general company law matters has always been an important focus area for us. Many of our lawyers are engaged in advising companies of all sizes with respect to all aspects of company law.

We have a particular understanding and unique knowledge of the Company Act 2010, due to our membership of the legislative preparatory committee established by the Danish Minister for Economics and Business Affairs, which issued the white paper on the new company act in 2008.

Our advice encompasses, among others:
Setting up and conversion of companies Board of directors' duties Management responsibility Partnerships and limited partnerships		SE companies Company cessation Corporate governance and compliance International company issues

Our ratings

Chambers Europe Rating 2012

Corporate/ M&A

This sizeable and well-known firm focuses on large cross-border M&A deals and private equity clients investing in Sweden. It was strengthened by its merger with Philip in January 2012, and recently opened a new Chinese desk, adding to its international reach. The practice attracts some prestigious international and domestic clients including Clipper, A.P. Moller - Maersk and Nova Instruments. Sources say: "A well-regarded team that provides an excellent, high-quality service."

Clients praise Jacob Hjortshøj for his negotiation skills and "excellent understanding of business and our motivations." Peers confirm that Søren Meisling "really stands out" for his M&A skills and experience. Sources recommend Eivind Einersen for his "detail-oriented approach and excellent problem-solving skills."

Chambers and Partners Europe, Corporate/M&A

Chambers Global Rating 2012

Corporate M&A

Clients praise Jacob Hjortshøj for his negotiation skills and "excellent understanding of our business and motivations." He recently advised A.P. Moller - Maersk on its sale of Rosti to Stella Plastic. Peers confirm that Søren Meisling "really stands out" for his M&A skills and experience. His recent mandates include acting for PBS Holding on its EUR1.2 billion cross-border merger with Norwegian Nordito.

Chambers and Partners Global, Corporate/M&A

Legal 500 Rating 2012

Mergers and acquisitions

Bech-Bruun fields a ‘strong, competent’ practice, as part of which Jacob Hjortshøj represented Altor 2003 Fund and LD Equity 1 K/S in the sale of Aalborg Industries to Alfa Laval. Together with Thomas Gjøl-Trønning, Hjortshøj also acted for IK Investment Partners and Ratos in the €240m sale of Superfos Industries. Steen Jensen and Regina Andersen advised Ontario Teachers’ Pension Plan Board (OTPP) on acquiring a 39% stake in Brussels Airport and 30% in Copenhagen Airport from MAp Airports. The ‘skilful, efficient’ Monica Reib is also recommended, and Aarhus-based Claus Aagaard Nielsen was promoted to partner. However, a number of partners left the firm.

Legal 500, Mergers and acquisitions