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๐Ÿ‡ฉ๐Ÿ‡ฐ Denmark /Economy & Trade

Bankruptcy estates seek repayment of 17.2 million kroner from companies behind Nordic Waste

From Berlingske · () Danish

Translated from Danish and summarized by DistantNews. Read the original for the full story.

At a glance

Newswire Named sources In the courts
  • The bankruptcy estates of Nordic Waste and DSH Recycling are seeking 17.2 million kroner from three companies linked to businessman Torben ร˜stergaard-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 ร˜stergaard-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 โ€œin an improper mannerโ€ and โ€œat 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

· Anders Glรธde, lawyer for the bankruptcy estatesThe estatesโ€™ lawyer described how they believe the disputed payments were made.

Nordic Waste filed for bankruptcy in January 2024 after the landslide near ร˜lst, south of Randers, gathered force in December 2023. The companyโ€™s 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 ร˜lst 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

· Anders Glรธde, lawyer for the bankruptcy estatesThe alleged payments form the basis of the 17.2 million-kroner claim.
About this summary

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.