Updates on insolvency proceedings

The trustee is according to section 125 of the Danish Bankruptcy Act obliged to provide information about the affairs of the estate to the bankruptcy court. The information is listed below.

Redegørelse i medfør af konkurslovens § 125, stk. 1 af 17. januar 2019

Report under section 125(1) of the Danish Bankruptcy Act of 17 January 2019

Redegørelse i medfør af konkurslovens § 125, stk. 2 af 16. april 2019

Report under section 125(2) of the Danish Bankruptcy Act of 16 April 2019

Redegørelse i medfør af konkurslovens § 125, stk. 4 af 16. oktober 2019

Report under section 125(4) of the Danish Bankruptcy Act of 16 October 2019

Redegørelse i medfør af konkurslovens § 125, stk. 4 af 16. april 2020

Report under section 125(4) of the Danish Bankruptcy Act of 16 April 2020

Redegørelse i medfør af konkurslovens § 125, stk. 4 af 16. oktober 2020

Report under section 125(4) of the Danish Bankruptcy Act of 16 October 2020

Redegørelse i medfør af konkurslovens § 125, stk. 4 af 16. april 2021

Report under section 125(4) of the Danish Bankruptcy Act of 16 April 2021

Redegørelse i medfør af konkurslovens § 125, stk. 4 af 15. oktober 2021

Report under section 125(4) of the Danish Bankruptcy Act of 15 October 2021

Redegørelse i medfør af konkurslovens § 125 stk. 4 af 13. april 2022

Report under section 125(4) of the Danish Bankruptcy Act of 13 April 2022

Redegørelse i medfør af konkurslovens § 125 stk. 4 af 14. oktober 2022 

Report under section 125(4) of the Danish Bankruptcy Act of 14 October 2022

Redegørelse i medfør af konkurslovens § 125, stk. 4 af 14. april 2023 

Report under section 125(4) of the Danish Bankruptcy Act of 14 April 2023 

Redegørelse i medfør af konkurslovens § 125 stk. 4 af 16. oktober 2023 

Report under section 125(4) of the Danish Bankruptcy Act of 16 October 2023

Redegørelse i medfør af konkurslovens § 125 stk. 4 af 16. april 2024

Following Paragraph 40 second subparagraph of the Bankruptcy Act, foreign currency receivables will be settled at the exchange rate on the day the bankruptcy was declared.

Please be aware that all claims, including claims for premium refunds and claims of damage, registered in a foreign currency (i.e. other currency than DKK) will be converted to DKK at the exchange rate of the bankruptcy decree, 20 December 2018, according to the Danish Bankruptcy Act article 40(2).

The following exchange rates will be used:

                                  Currency Exchange rate as of 20th December 2018
                                         DKK                                                              1,0000
                                         EUR                                                              7,4672
                                         GBP                                                              8,2661
                                         NOK                                                              0,7545
                                         USD                                                              0,6521