Esbjerg Brygge 28
6700 Esbjerg
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H. C. Andersens Blvd. 45
1553 København V
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Dalgasgade 21, 2
7400 Herning
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Bredgade 67
6900 Skjern
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Distressed M&A

There is a perceived need, on the market, for expedited transactions. The purpose is always to save sound assets of businesses which find themselves in an insolvent environment due to isolated events with associated risks. Acting in such an environment requires thorough knowledge of the risks – and opportunities – that exist in the specific situation. 

The Kirk Larsen & Ascanius insolvency department is a group of experienced, dedicated analysts of businesses in an insolvent environment who seek the best possible solution for the business in question. In addition, we can draw on in-house experts in specific legal disciplines or with industry knowledge at any time.

We have extensive experience in planning and carrying out reorganisation and out-of-court restructuring of businesses, voluntary composition and payment rescheduling, including dialogue with secured and unsecured creditors.

Out of court, skilled advisers are essential. They must have in-depth knowledge of the framework determined by case law for acting in an insolvent environment, including liability of directors and managers, the pari passu principle, valuation principles etc.

In addition to our in-depth legal knowledge of out-of-court restructuring, Kirk Larsen & Ascanius takes a practical approach to cases. This leads to successful commercial solutions for the businesses and pleases their partners and creditors.