Christian Th. Kjølbye
Christian's focus areas are litigation and arbitration proceedings, corporate and regulatory advisory and investigations, fraud issues, and fit & proper matters.
Christian has participated as either counsel or arbitrator in numerous Danish and international arbitration proceedings (under the rules of i.a. DIA, ICC, LCIA, VIAC) regarding a range of matters, including contractual disputes, shareholder agreements, D&O liability, auditors liability and transaction/post M&A related disputes.
Cases handled by Christian and his team have i. a. centered around purchase price adjustments, earn-out disputes, put/call options and claims for breach of warranty issues. The disputes have involved a high degree of complexity, as well as expert opinions and testimony, written affidavits and various procedural and jurisdictional issues.
Christian was for many years also part of Plesner's M&A and corporate practice group. He has represented clients in a number of the largest and most complex transactions and privatizations in Denmark. His clients have included the Danish State, large international and domestic corporations, P/E funds and family owned businesses.
The "hands-on" experience and commercial understanding earned through working for many years with all aspects of M/A processes has proven valuable for Christian and his team, i. a. in connection with cases involving negligence and breach of fiduciary duties, including also the disclosure duty on the part of the seller, and the importance of buyer's knowledge and due diligence in respect of the target business.
Christian is active as chairman or board member of a number of Danish companies and Foundations. He has taken an active part in the management and development of Plesner, and he has held board positions in numerous Danish companies, including i.e. Finansiel Stabilitet (the state owned company taking over distressed banks after the financial crisis in the years following 2009).
Christian holds a Master's degree in law from the University of Copenhagen and from New York University School of Law. He is admitted to the Supreme Court of Denmark, a certified arbitrator and is frequently appointed as arbitrator in Danish and International arbitration proceedings.
Christian is ranked as a senior statesman within M&A.
Selected cases
DIA case: US buyer seeking damages from Danish seller in post M&A dispute
DIA case: purchaser of shares in wind farm company vs. wind farm
ICC Arbitration between Canadian based company and Swiss based company – purchase price adjustment dispute
DIA international arbitration: put/call option and earn-out dispute between European buyer and Danish industrial seller (leisure industry)
DIA international arbitration – earn-out dispute between international P/E Fund and Danish sellers (IT company)
LCIA arbitrations between a multinational oil company and a North American industrial buyer regarding target business in Denmark
DIA international arbitration involving a European industrial buyer and a Danish industrial seller of Danish target business
Danish Institute of Arbitration (DIA) international case involving a Danish P/E private equity seller and a US industrial purchaser
The sale of Scandlines and Danske Færger for the Danish State, the Post Danmark privatisation, the TDC public takeover by the Macquarie/PFA/PKA/ATP consortium and Dupont's public takeover of Danisco
Plesner has assisted our long-time client Zealand Pharma with a record equity raise through an accelerated bookbuilding offering in a private placement raising proceeds of USD 1 billion / DKK 7 billion
Sampo plc announces a public exchange offer to the shareholders of Topdanmark A/S
Magellan Capital Holdings acquires majority stake in Danmarks Skibskredit A/S
Bridgepoint acquires MyDefence
Wegener to acquire the Danish steel business Ib Andresen Industri
Svitzer Group A/S is listed on Nasdaq Copenhagen
Dürr Group sells Agramkow Fluid Systems A/S to Solix Group AB
Dismissal of claim for avoidance of approx. DKK 100m against Thornico
Edenred to acquire Spirii
Solina group to acquire the premium culinary brands, OSCAR and Puljonki
Plesner advises on the successful sale of Parcel4You to Link Logistics
The largest merger in Danish history completed today
Capidea invests in Digital Group
Novozymes and Chr. Hansen obtains competition clearance in Phase I
Danish Supreme Court finds for AP Pension in group action concerning change of pension schemes
SKAKO Concrete divests its Concrete division to Zefyr Invest IV
Ahlsell has entered into an agreement to acquire Bacher Work Wear
Emerson invests in Frugal Technologies
SAS enters into investment agreement as part of its reorganization process
General Atlantic acquires majority stake in Joe & the Juice
Deutsche Börse AG successfully completes takeover of SimCorp A/S
Nets enters into an agreement to divest its eID business to IN Groupe
Agilitas completes sale of the Reconor Group
Teledyne Technologies acquires Xena Networks
The National Tax Tribunal reverses the case law of the Danish Tax Agency on additional taxation of foundations' tied-up funds on dissolution
Plesner advised Nordic Solar with EUR 300m flexible credit facility
The Supreme Court finds in favour of the Ministry of Taxation in another "beneficial owner" case
IK Partners to sell Løgismose
PenSam Pension divests subsidiary PenSam Forsikring
Viking Life-Saving Equipment A/S successful in extensive transfer pricing court case
Leading Supreme Court judgment: Collaboration on concept did not imply ownership in respect of the "Tromborg business"
Funds advised by Agilitas complete the buy-out of NNIT’s IT infrastructure outsourcing business
Danish Supreme Court rules against tax payers in two "beneficial owner" cases regarding interest
Deutsche Börse AG announces public takeover offer for SimCorp A/S
Danish Eastern High Court rules that Danish courts have jurisdiction in actions against two French companies
Zealand Pharma completes a successful accelerated bookbuilding offering of DKK 1.5 billion
Plesner assisted Ambu with a DKK 1.1 billion accelerated bookbuilding offering
Capidea divests Obsidian Group
Plesner advises Gubra in connection with its proposed IPO
AnaCap Financial Partners to divest Oona Health and Dansk Sundhedssikring for DKK 2.25bn
The Danish Eastern High Court overturns decision from the Danish Competition Council
First Camp Group acquires CampOne
Novo Holdings and Industriens Pension participate in consortium developing The Railway District (Jernbanebyen) in Copenhagen
Erhvervsinvest acquires Danish company Estron
FSN Capital acquires Alvent A/S as part of the establishment of InstallatørGruppen
Realkreditkonsulenterne sold to financial advisory house NORTH
Eduhouse acquires the Danish company GoLearn
The Danish Supreme Court has given its judgment in the first two Danish "beneficial owner" cases
IK Partners and Løgismose Meyers Holding ApS to divest Meyers
SecureDevice acquired by Swiss IT Security Group
Novozymes and Chr. Hansen to combine and create leading global biosolutions partner
"Christian provides an insightful and client-oriented approach, setting the right team for the task"