Teis Gullitz-Wormslev
Teis Gullitz-Wormslev is heading up our insolvency and restructuring team in Copenhagen.
Teis is appointed by the Copenhagen Bankruptcy Court as a permanent liquidator and advises on all aspects of insolvency law.
Teis also has extensive experience in the financing of businesses, including acquisitions, and financing of various types of assets.
Clients also seek his advice on the sale and purchase of businesses in financial distress, as well as on the acquisition and handling of portfolios of non-performing loans and special credit situations.
Lastly, Teis also advises on general commercial law matters such as contracts, negotiations and disputes.
Teis always aims to provide efficient result-driven advice in close collabroation with his clients. He is valued for his strong commercial insight, to-the-point focus and practical approach.
As co-responsible for Kromann Reumert's London office, Teis also has an elaborate international network and strong experience in cross-border transactions.
Teis has since 2018 been the head of Kromann Reumert's International Committee overseeing and coordinating our firm's international business and relations.
Background
Career
- Kromann Reumert, board member, 2019-2021
- Kromann Reumert, Partner, 2011-
- Head of Kromann Reumert’s London office, 2005-2009 andf 2021-
- Kromann Reumert, 2000-
- Officer of the reserve, 1997
Education
- Appointed as permanent liquidator by the Copenhagen Bankruptcy Court, 2024-
- Certified insolvency lawyer, 2016-
- Registered European Lawyer (REL), 2005-2008
- Admitted to practise law 2005
- Master of Laws (cand. jur.) 2002
Languages
- English
- The Scandinavian languages
Activities
- Teaches at the CBS Board Leadership Education
- Lecturer and contributor to various publications within his fields of expertise
- Member of the International Bar Association (IBA) and Officer of the Insolvency Section
Publications
- “Køb og Salg af Virksomheder” (Purchase and Sale of Businesses), 2019
- A guide to restructuring and insolvency law in Denmark, 2010/2011
- The Restructuring Review, Denmark chapter, 2010
- Article: “Selvfinansiering og bestyrelsesansvar” (Financial Assistance and Directors' Liability), Revision & Regnskabsvæsen, November 2008
High-profile cases
Among the significant cases Teis has worked on in recent years are:
- Copenhagen City Bike - liquidator (2023)
-
SAS - advisor to DIP lender Apollo (2022)
-
Organic Basics - trustee (2022)
- Nordic Aviation Capital - creditor representation (2021)
- Kongsbak Lassen - trustee (2020)
- Thomas Cook Airlines Scandinavia - trustee (2019)
- Top-Toy - sale of BR Legetøj to Salling Group (2019)
- Presidents Institute - trustee (2018)
- SSP Technology - restructuring administrator (2017)
