Lett Law Firm

1www.lett.dk

Lett Law Firm

René Offersen

Lett Law Firm

2www.lett.dk

LETT is one of Denmark’s top 5 full-service business law firms.

Our staff totals more than 350 employees including 165 attorneys.

The largest part of our practice is based on providing service to the business sector ranging from start-ups to a number of the world’s leading corporations. We also provide service to the public sector and organizations.

Lett Law Firm

Lett Law Firm

3www.lett.dk

History

LETT was founded in 1869 and is one of Denmark’s oldest law firms.

LETT is the result of a merger between legacy firms Lett & Co and Lett, Vilstrup & Partnere in 2005.

The firm has expanded significantly over the years and is among the largest law firms in Denmark today.

Lett Law Firm

4www.lett.dk

ValuesLETT’s focus is on delivering high-quality advice tailored to the needs of each individual client. LETT’s experience within our clients’ commercial interests and detailed knowledge of the business environment are of decisive importance in ensuring high-standard advice to our clients.

We provide advice not only on what you may and may not do. We also make a point of advising our clients on the relevant legal scope open to them.

When selecting the team for a case or a project, we ensure the right balance between the scope of the case and the costs entailed. Each case will have a partner in charge, whom our client is always free to contact.

Our advice is based on the highest professional and ethical standards.

Lett Law Firm

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Practice areas

» Banking and finance» Capital markets» Corporate and commercial» Dispute resolution» Employment and labor law» Energy » Environmental law» EU and Competition law» Life Science – Food & Pharma» Insolvency and reconstruction

» Insurance and reinsurance» IPR, media and entertainment» IT, e-commerce and telecoms» M&A» Private Equity/Venture Capital» Procurement law» Public law» Real estate and construction» Tax law» Transport law

Lett Law Firm

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Banking and finance

LETT has considerable knowledge in the area of banking and finance. Weprovide advice to banks, financial institutions and businesses.

LETT provides assistance to banks, insurance companies, pension funds andmortgage credit institutions on the special rules applying to their activities,including their compliance with special regulations regarding good practice andissues relating to the supervisory authorities.

LETT provides advice on loan, leasing and other financing agreements,including e.g. international loan agreements, syndications and mezzaninelending, and also assists in determining financing structures.

LETT offers special expertise as regards the regulatory issues and taximplications arising in connection with the financial contracts and instrumentscomprised by the Danish Gains on Securities and Foreign Currency Act.

Lett Law Firm

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Corporate/commercial

One of LETT’s specialties and major practice areas is advice on company law as well as all other issues of commercial law.

LETT provides advice within all areas of company law to both Danish and foreign businesses, whether large or small, including:

– choice of corporate form and establishment of companies and branches– capital injection, including mezzanine capital, and capital reductions– shareholders’ agreements– incentive programmes, including share remuneration– general meetings, including chairing meetings, – amendment of articles of association– mergers, demergers and conversions of companies– liquidation– management liability

Lett Law Firm

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Capital markets

LETT provides advice within the wide arena which is today’s capital markets.

We have extensive experience in working with Danish companies as well as international capital market clients.

LETT’s advisory services relating to capital markets include:– stock market flotation and issue of securities– planning and completion of legal due diligence investigations– submission of voluntary as well as compulsory offers– protection from attempted hostile takeovers– preparation of stock market releases and financial statements– compulsory redemption of shares-delisting

Lett Law Firm

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Dispute resolution

LETT is one of the leading law firms in Denmark within the field of dispute resolution and litigation and we employ a large number of trained and highly experienced litigators.

LETT has long and extensive experience in representing Danish as well as foreign clients before all tiers of the Danish judicial system and in conducting cases before the European Court of Justice. Moreover, LETT continues to be involved in a substantial number of lawsuits before the High Courts as well as the Supreme Court.

On an international level lawyers from LETT have conducted a number of significant cases before the European Court of Justice and the European Court of Human Rights.

LETT is widely experienced in assisting clients in Danish as well as international arbitration proceedings – both in institutional arbitration through e.g. the Danish Institute of Arbitration, the Danish Building and Construction Arbitration Board and the ICC and before ad hoc arbitration tribunals.

Lett Law Firm

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Employment and labour law

LETT offers qualified and specialised advice and assistance especially to businesses, executives and managers on all aspects of employment and labour law.

Our services include:– Negotiating and drafting agreements and contracts– Counsel in cases of termination and layoffs– Drafting employee policies– Advice in relations to trade unions and collective agreements– Employment related legal proceedings– Bonus schemes, stock option programmes and other types of

performance pay

Lett Law Firm

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Energy

LETT advises private as well as public players in the energy sector on all aspects of energy law, including legislation on electricity, heat, oil and gas. LETT provides advice on all issues relating to energy law, including: 

– mergers and demergers of utility enterprises and energy supply companies 

– pricing– wind turbines and other sources of renewable energy  – permits, authorizations, concessions and licenses – drafting of contracts on the production, supply and transport, etc of

energy products and – privatisation of central and local government enterprises 

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Environmental law

In line with the increasingly comprehensive environmental legislation, LETT has built up considerable expertise within the field of environmental and planning law as regards the aspects of both public law and civil law in environmental rules. Consequently, LETT has extensive experience in ia. the following areas of law:

– liability for contaminated soil – listing of contaminated properties– noise requirements – wastewater and discharge permissions – notification of polluting activities and application for approval of heavily

polluting activities – waste and recycling – municipality and local government planning

Lett Law Firm

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EU and competition law

LETT has extensive experience in advising businesses on Danish and EU competition rules.

We provide advice on all aspects of the competition rules, including the following:

– Drafting commercial agreements– Preparing business policies for businesses with a dominant market

position– Establishing internal guidelines for complying with competition rules – Setting up measures and assisting during inspections by competition

authorities– Notifications to as well as “clearance” by the competition authorities in

mergers, acquisitions and joint ventures– Conducting complaints and actions for damages

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Life Science – Food & Pharma

LETT is one of the leading law firms in Denmark within the fields of food law and pharmaceuticals. We have assembled a team of specialist that focus on the particular issues facing the industries within these fields.

Our services include:

– labelling, advertising and health claims– Functional Foods– use of additives, including aromas– dietary supplements– certain nutritive products– Novel Foods and GMO foods– export restitutions– product liability– exclusive rights– crisis handling

Lett Law Firm

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Insolvency and reconstruction

LETT has extensive experience in issues relating to insolvency law and restructuring.

Lawyers from LETT regularly acts as a court-appointed supervisor of suspensions of payments and arrangements with creditors. Further, we act as liquidators of insolvent estates as well as solvent businesses, overseeing winding-up and restructuring procedures.

LETT regularly provides advice to owners, creditors, directors and executive boards on reconstruction. The assistance rendered comprised all kinds of restructuring, including corporate changes, capital injections or divestment of all or some activities and assets.

LETT assists Danish and foreign financial institutions in a number of cases relating to the setting up of structures for the purpose of hedging commitments, including complex transfers as well as liquidations of commitments.

Lett Law Firm

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Insurance and reinsurance

In Denmark, only a few law firms have expertise within insurance and tort law, and even fewer have expertise within all insurance and tort law areas. In this area LETT is one of the leading law firms, and our department is one of the largest in Denmark.

Over the years, we have conducted quite a few leading cases before the Danish courts and the European Court of Justice and have thereby influenced legislative developments within insurance and tort law.

Our long-standing experience has given us detailed and invaluable knowledge of insurance lines. We arrange courses and give presentations about current insurance subjects, and we participate in insurance debates by means of various kinds of publications. Some of our attorneys have experience through their work at insurance companies.

Lett Law Firm

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IPR, media and entertainment

LETT provides advice to international groups as well as small and medium-sized businesses on all issues relating to intellectual property law and entertainment law. LETT handles:

– trademarks – domain names – copyright – designs, patents and patent license agreements – marketing – agreements on redistribution of TV and radio channels – disputes before the Danish Copyright License Tribunal and the

Danish Radio and Television Board – lawsuits

Lett Law Firm

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IT, e-commerce and telecoms

The rapid developments within the fields of IT, e-commerce and telecommunications mean that businesses and public authorities face rapidly changing and comprehensive legal requirements. LETT makes a point of maintaining thorough knowledge of these issues through its work within these business segment and through on-going analysis of the impact of the legislation. Within these areas, LETT handles

– IT contracts– e-commerce– personal data– telecommunication

– dispute resolution

Lett Law Firm

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M&A

LETT has the capacity and depth necessary to handle the full range of domestic and cross-border M&A activities for publicly held companies and private businesses.

We work with foreign clients and advisors on transactions involving multiple jurisdictions.

We represent buyers, sellers and banks, in the following activities:

– negotiated asset and share transactions– takeovers of publicly listed companies, including takeover defence– mergers, demergers and corporate restructurings– privatisations and divestitures of state-owned businesses– acquisition and leveraged finance

One of LETT’s key areas of expertise is national and EU competition/antitrust law. We have extensive experience in dealing with the relevant national or EU competition authorities.

Lett Law Firm

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Private equity and venture capital

LETT’s PE/VC department is one of the largest in Denmark. We have considerable experience within this field. We are actively involved in the industry and our specialists carry out substantial activities as authors and lecturers on issues relating to PE/VC.

LETT’s advice and services include:

- transaction models and establishing of PE/VC funds- structuring of limited partnership companies/limited partnership funds - alternative investments, including in real estate and infrastructure - mezzanine and hedge funds - buy-outs/buy-ins, delisting, private placements, restructuring and spin-outs - secondary buy-out funds, funds of funds and other secondary transactions - incentive programmes (carried-interest arrangements) for management companies- corporate governance

Lett Law Firm

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Procurement law

LETT has wide experience and expertise within the area of procurement law based on its many years of providing advisory services to businesses, municipalities and other government bodies, municipal businesses and utilities.

Our services include:– advice on all aspects and issues relating to the planning of procurement

procedures in practice. – assisting businesses bidding for contracts put out to tender. – the conducting of cases before the courts as well as the Complaints Board

for Public Procurement, both on behalf of contracting entities or complaints submitted to the Complaints Board or on behalf of tenderers.

Lett Law Firm

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Public law

We advise public authorities within central and local government. We also advise businesses as well as private individuals on their relations to the authorities. LETT has longstanding client relationships in both segments. LETT provides advice and services on:

– Planning of procurement procedures– Establishing inter-municipal enterprises – Public servants relations and other aspects of public employment – The rules governing the legal capacity of a municipality and the Danish

Act on the government of municipalities – Legal matters relating to state undertakings

Lett Law Firm

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Real estate and construction

Real estate and construction law are among LETT’s core practice areas. LETT has accumulated vast experience in providing advice and service primarily to businesses and professional players in the markets of constructing, acquiring, developing and selling of properties.

LETT has special expertise within the following fields:

– purchase and sale of business properties and residential rental properties – business leases and residential leases – construction law – project development – environmental law, planning law and other rules relating to real estate – forced sale – property management

Lett Law Firm

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Tax law

Tax law is one of the specialties in which we have succeeded in developing unique expertises. These allow us to offer and provide services at the highest professional level.

LETT has considerable experience in conducting tax-related lawsuits before administrative instances and the regular courts. We have represented businesses, organizations and individuals in numerous cases.

Besides litigation, LETT also provides extensive advice on:

– tax litigation and reimbursement of legal costs– businesses’ tax issues– VAT and other indirect taxes– ownership transfers

Lett Law Firm

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Transport law

LETT has a long history for giving advice within transport law.

We assist in negotiating and drafting contracts for forwarding agents, principals and carriers in the transport area.

LETT has wide experience and expertise within the area of procurement and tenders in the transport sector.

LETT has unique expertise as well as experience in advising on all aspects of operating railway services including negotiating contracts and licenses, traffic supply, railway safety, railway compensation and insurance etc.

Lett Law Firm

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Copenhagen Aarhus Kolding

Raadhuspladsen 4RaadhusgaardenVester Allé 4

Jernbanegade 31

DK - 1550 Copenhagen V DK - 8000 Aarhus C DK - 6000 Kolding

Tel. +45 33 77 00 00 Tel. +45 86 12 86 00 Tel. +45 75 50 40 00

Fax +45 33 77 00 01 Fax +45 86 75 73 01 Fax +45 75 54 10 50