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 § 125, stk. 1 af 29. mak 2018 ,

Redegørelse § 125, stk. 2

Report pursuant under section 125(1) of the Danish Bankruptcy Act – Alpha Insurance

Report under section 125(2) of the Danish Bankruptcy Act of 7 September 2018

Redegørelse i medfør af konkurslovens § 125, stk. 4 af 7. marts 2019

Report under section 125(4) of the Danish Bankruptcy Act of 6 September 2019 (2)

Redegørelse i medfør af kkl 125, stk. 4 af 6. september 2019


 

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, 8 May 2018, according to the Danish Bankruptcy Act article 40(2).

 

The following exchange rates will be used:

Currency

Exchange rate as of 8th May 2018

DKK

1,0000

EUR

7,4503

GBP

8,4730

NOK

0,7742