Bankruptcy estates seek repayment of 17.2 million kroner from companies behind Nordic Waste
Translated from Danish and summarized by DistantNews. Read the original for the full story.
At a glance
- The bankruptcy estates of Nordic Waste and DSH Recycling are seeking 17.2 million kroner from three companies linked to businessman Torben รstergaard-Nielsen.
- They allege that payments made between 2023 and 2024 disadvantaged other creditors, while the companies deny the claims.
- The civil case is the first legal dispute arising from the landslide, with an 11-day hearing scheduled through late November.
The first legal battle following the Nordic Waste landslide began Monday at Randers District Court, where the bankruptcy estates of Nordic Waste and its sister company DSH Recycling are seeking 17.2 million kroner.
The claim targets DSH Environment ApS, the companiesโ parent company, along with Selfinvest ApS and SelfGenerations T ApS. All three belong to the business empire of Funen-based businessman Torben รstergaard-Nielsen.
Lawyer Anders Glรธde of Bech-Bruun presented the case for the bankruptcy estates. They argue that payments totaling the claimed amount moved from Nordic Waste and DSH Recycling between 2023 and 2024 โin an improper mannerโ and โat the expense of the other creditors.โ The evidence, Glรธde said in his presentation, consists largely of email correspondence. Several witnesses have also been called to testify.
in an improper manner
Nordic Waste filed for bankruptcy in January 2024 after the landslide near รlst, south of Randers, gathered force in December 2023. The companyโs management and employees left the site, leaving Randers Municipality to contain the consequences. In a bankruptcy press release, Nordic Waste said its liability ended with the bankruptcy and would not be assumed by the owners. DSH Recycling, which owns the รlst site, entered bankruptcy proceedings in November 2024.
The estates have said they also plan to seek 450 million kroner from six board members of Nordic Waste and DSH Recycling. They say that amount reflects costs incurred by creditors, including the Danish Environmental Protection Agency and Randers Municipality, while authorities handled the landslide. The three companies named in the current case reject the claims and seek acquittal. The court has set aside 11 hearing days through the end of November.
at the expense of the other creditors
Originally published by Berlingske in Danish. Translated, summarized, and contextualized automatically by DistantNews, with a note on how the source frames the story. Not individually reviewed before publishing. How this works.