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Partner
Copenhagen

Troels Tuxen

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Troels Tuxen specialises in bankruptcy and restructuring

Troels Tuxen has extensive experience advising Danish and international clients on insolvency matters and on general legal matters, e.g. company law issues.

He has assisted with many company reconstructions and has acted as trustee/supervisor in numerous bankruptcy estates and suspension of payment procedures. He is currently the trustee in bankruptcy for Landic Property A/S, formerly part of Islandic Landic Property hf, one of the largest real estate companies in Scandinavia.

Furthermore, Troels is an experienced litigator and has conducted numerous court cases concerning insolvency and property law issues.

Troels is, moreover, a seasoned lecturer in property law and company reconstructions. 

The Team

Insolvency & Restructuring

  • Insolvency & Restructuring
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Engagements

  • Board of directors (chairman), Oxymat A/S
  • Board of directors (member), Aage & Viggo Quistgaard Pedersens Familielegat
  • Board of directors (member), Kai Houmann Nielsens Fond
  • Board of directors (member), Novi Tech ApS
  • Member, International Bar Association (IBA)
  • Member, The Society of INSOL Europe
  • Board of directors (member), 21.12.2010 ApS

Education and language

  • Right of audience, The Danish Supreme Court
  • Admission to practice law
  • Master of Laws
  • English
  • Swedish

Ratings

Legal 500 Logo

Bech-Bruun acts as trusty of bankruptcy estates, liquidator and restructuring administrator. The practice assists with negotiations with banks and other creditors, verifies charges and prepares restructuring plans. The firm assists with tax aspects and carries out distressed M&A transactions. The team is also experienced in advising creditors on the recovery of lent capital. Troels Tuxen is experienced in advising on cross-border insolvencies. The firm also advises on new business management and ownership structures and acts for insolvent companies in court cases regarding liquidation.

Legal 500, Insolvency

Troels Tuxen is lauded as "very solution-oriented and always two steps ahead. He very quickly sees where we need to be in the end and finds the path to get there." He is experienced on the creditor side of bankruptcy proceedings involving the tracing of assets in foreign jurisdictions. He also acts for debtors on negotiations with lenders for the restructuring of debt.

Chambers and Partners Europe, Restructuring/Insolvency

In terms of mandates, a highlight this year was simply the largest ever bankruptcy in Denmark. Acting for the creditors, leading lawyer Troels Tuxen was appointed as trustee and worked in regard to the collapse of the Landic Group of companies. Involving over 200 separate legal entities, the total balance was €3 billion. The work continues at time of writing.

ILR1000, Restructuring and insolvency