Non-solicitation and Competition Clauses

The employment contracts of executive officers and senior employees often include either a competition clause or a non-solicitation clause and sometimes both. To understand the consequences of using such clauses, you must have the necessary insight into the rules.

Employee Benefits

If, as an employer or employee, you enter into an employee benefits agreement covering, for example, newspaper subscriptions, free accommodation, a free car, participation in hunts, travel or similar benefits paid for by the employer, you should remember that employee benefits are taxable.

Administration of Estates of Deceased Persons

After losing a next of kin, the surviving relatives face a large number of practical challenges which must be dealt with.

Copyright

Media such as films, music and images are being shared and exchanged on the internet to an ever greater extent. Much of the exchange takes place without the consent of the copyright holders, who consequently suffer serious financial consequences.

A power of attorney

Not many consider who they trust to manage their personal and economic relations if they face critical illness or if a severe accident occurs.

Compositions with Creditors

A composition is a relevant solution when a business contains healthy parts, but for various reasons is unable to finance its own continued operations.

Ownership and Transfer Agreements

Depending on how a generational change is organised, various agreements are needed to manage the legal position of the parties. It is necessary for the parties to clearly define their mutual rights and obligations as well as other terms and conditions.

VAT

Business owners must make sure that they account for their input and output VAT correctly. VAT is becoming increasingly important for Danish and foreign companies and often represents a significant expense item.