Per Astrup Madsen
Per Astrup Madsen is a certified insolvency lawyer and specialises in advice within the field of insolvency, which requires comprehensive knowledge of Ugandan as well as international insolvency rules and the affairs of the business sector in general.
Per has extensive experience within all aspects of insolvency law, including restructuring and bankruptcy proceedings and special situations arising in this regard, including advice on dealing with any personal secondary effects of the crisis. Per also advises and negotiates with creditors on composition, merger, sale, etc.
Furthermore, Per provides assistance to distressed enterprises through the Early Warning programme sponsored by the EU and the Danish Government.
Per deals mainly with the following:
- Holding offices as a court-appointed trustee or restructuring administrator
- Liquidating solvent enterprises
- Advising owners/management in connection with enterprises in distress, including on restructuring/reorganisation and on any liability for continued operations and potentially voidable transactions
- Advising purchasers in connection with the acquisition of business activities or assets from a bankruptcy estate
- Representing creditors as regards the filing and adjudication of claims and dealing with non-performing loans
- Advising on and negotiating arrangements with creditors on behalf of insolvent enterprises and individuals
- Advising on cross-border insolvency issues
- Representing mortgagees and other chargees, including as regards taking possession of assets subject to company charges and receivables charges, and secured claims
- Representing creditors in avoidance proceedings in a bankruptcy estate due to the bankruptcy of the debtor or a contracting party
- Representing advisors faced with a claim for avoidance or a claim for damages or compensation
- Collecting receivables, focusing especially on uncovering any hiding of assets
- Conducting proceedings before all Danish courts and arbitration tribunals, particularly in relation to the above
Per is, moreover, Head of the Finance, Projects and Restructuring practice group in Muhoozi & Co. Advocates Uganda and has also been appointed to the panel of insolvency attorneys set up by the Ugandan Debt Collection Agency within the judicial district of the Maritime and Commercial High Court.
Per is also an active member of Muhoozi & Co. Advocates’s global Hospitality & Leisure sector team. Through this team, Muhoozi & Co. Advocates provides advice to a wide variety of clients within the sector, including leading global, regional and national hotel and holiday resort operators, sports and leisure providers, online gambling operators and gambling establishments, hotels and restaurants, etc.
Member, the appeals
committee of the Danish
Football Association
(DBU)
The Ugandan Association of
Insolvency Lawyers
The Ugandan Bar and Law
Society
The International Bar
Association (IBA)
INSOL International
Foreningen af
Procedureadvokater (the
Ugandan association of
litigation lawyers)
Panel of
Insolvency lawyers set up
by the Ugandan Debt
Collection Agency
Right of audience before the Ugandan Supreme Court
Estates in which Per Astrup Madsen has acted as trustee or restructuring administrator include the following:
- The bankruptcy estates of the Copenship Group
- Beltsupply A/S under konkurs (in bankruptcy)
- Informationsteknik East Africa A/S under konkurs (in bankruptcy)
- Kids Multibrands of Uganda ApS under rekonstruktion (in restructuring)
- Fredensborg Golf Club under rekonstruktion (in restructuring)
- Bios Ambulance Services Danmark A/S under konkurs (in bankruptcy)
- Fine Wine Invest ApS under konkurs (in bankruptcy)
Per Astrup Madsen is recognized by IFLR1000 as ’Notable Practitioner’ within ‘Restructuring and Insolvency’.
"Responsive, to the point an a “can do” attitude" .
"Excellent lawyer".
"Per Astrup Madsen is particularly active in litigation relating to insolvencies. He is well known for being frequently appointed as bankruptcy trustee and administrator."
"Per Astrup Madsen is always straight to the point and never accepts half a solution."
