Throughout the years we have been in a working closely togehter with a group of commercial banks with the focus on liquidation of loan exposures. We have developed a strategy to liquidate the underlying companies and properties based on agreements between the banks and their common client.
Specific, there are divested companies and sold properties internationally and in Denmark. The dialogue to potential buyers has been done directly from our side and/or through the involvement of local agents.
As part of the winding-up and restructuring tasks, we on a temporary basis have both taken on the day-to-day management and been the representative of the creditor banks on the Board of Directors for several of the companies.