Practice Areas - Restructuring and Insolvency Law Firms and Lawyers
| Deal Date: | 15-07-2015 | Practice Area: | Restructuring and Insolvency |
| Deal Title: | Danske Bank-Led Bank Group - Torm A/S Restructuring | Industry: | Industrial Transportation |
| Description: |
KR advised on the restructuring of the product tanker company Torm A/S and consolidation with OCM Njord Holdings S.a.r.l. KR advised the group of banks (the par lenders) led by Danske Bank A/S holding approx. 73% of the shares in Torm A/S following the 2012 restructuring of Torm A/S. Upon completion of the 2015 transaction, the remaining par lenders held less than 4% of the shares.
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| Financial Center: | Copenhagen | Value: | 0.00-0.00 |
| Advised Party: | Creditors | Law Firm | Kromann Reumert |
| Denmark | Denmark | ||
| Classification: |
Debt Restructuring |
Lawyer | Thomas Albrechtsen |
