1. Conflicts of interest

1.1
Upon receipt of a case, Astria Advokater ensures that there are no conflicts of interest or loyalty. If a conflict of interest arises in connection with the performance of the task and this obliges Astria Advokater to resign from the case, it will notify the client immediately. Astria Advokater will naturally assist if required, by providing the details of another competent lawyer.

2. Information on identity

2.1.
Astria Advokater is subject to the rules of the Danish Money Laundering Act. Among other things, the Act prescribes a duty to collect and store information on the identity of clients in most cases. Before a case can be accepted, clients must provide their name, address and CPR number (Central Registry of Persons) and/or CVR (Central Business Register) number, as well as related documentation. For companies and other legal persons, Astria Advokater is also obliged in certain cases to obtain and store information and documentation of the company's actual ownership, etc.

3. Execution of the task

3.1.
All tasks are carried out in accordance with the ethical rules for solicitors and lawyers, the rules of the Danish Administration of Justice Act on lawyers and other relevant legislation.

4. Fees and terms of payment

4.1.
Unless there is a separate agreement on a fixed price or remuneration based on time spent, the remuneration is determined on the basis of Astria Advokater's hours, the values involved, the responsibility associated with the task and the result achieved.

4.2.
Expenses and other external costs in connection with the completed assignment are paid by the client in addition to the fee.

4.3.
Upon request, Astria Advokater will, prior to the commencement of the assignment, submit an estimate of the fee and information on expected other costs associated with the case. If it transpires that the total fee will exceed the estimate, the client will be informed as soon as possible and a new estimate will be submitted in this connection. In cases where it is not possible to give an estimate of the size of the expected total fee, an hourly rate for the task will be provided on request. In tasks undertaken for private persons, information is always provided on the expected size of the fee or, where this is not possible, an hourly rate will be provided before the task is commenced.

4.4.
Fees are invoiced on an ongoing basis.

4.5.
Prior to the commencement of a case as well as during the course of the case, Astria Advokater may request a prepayment or deposit to fully or partly cover future fees and expenses.

4.6.
Expenses and other external costs are charged before disbursement or prior to the time when Astria Advokater assumes the obligation to make a payment to a third party.

4.7.
The terms of payment are net cash on receipt of invoice, unless otherwise stated on the invoice. After the due date, interest is calculated in accordance with the provisions of the Danish Interest Act.

5. Client funds

5.1.
Astria Advokater has client bank accounts with Spar Nord Bank and Danske Bank, and unless otherwise stated, entrusted funds will be deposited in these accounts.

The Act on depositor guarantees in connection with the bankruptcy of financial institutions stipulates that the same rules apply for funds deposited by you/your company in a bank via a solicitor’s client bank account as to funds that you yourself have deposited with the bank. If a bank is required to undergo reorganisation or bankruptcy proceedings, depositors (clients/customers) risk the loss of any funds in excess of EUR 100,000 that they may have deposited with the bank in question. This calculation includes any balances on attorney/solicitor client accounts, which means that you potentially risk (in the event of the failure of the bank) the loss of any funds that exceed EUR 100,000. If you/your company has funds deposited with the same bank, both on your own account and in your solicitor’s client account, your maximum cover via the guarantee scheme will be a total of EUR 100,000. This maximum cover is, however, increased within the context of residential property transactions. In such instances, the guarantee covers up to EUR 10 million for a period of twelve months after the amount has been deposited.

Interest? – Negative interest?

6. Intellectual property

6.1.
Astria Advokater's consultancy services are provided only to our clients and may not be used by others without our consent.

7. Archiving

7.1.
Identity information and case records are stored either electronically or in paper form for five years from completion of the task. Original documents are returned no later than at the end of the case.

8. Confidentiality

8.1.
All Astria Advokater employees are bound by professional secrecy. Information from or relating to our clients is treated as confidential.

9. Liability, limitation of liability and insurance

9.1.        
Astria Advokater and its lawyers are responsible for the advice provided in accordance with the general rules of Danish law, subject to the limitations below.

9.2.        
Astria Advokater and its lawyers are not liable for indirect losses and consequential damage, including operating loss, loss of data, loss of earnings, goodwill, etc.

9.3.        
The liability for both Astria Advokater and its lawyers is furthermore limited to a maximum of DKK 5 million per assignment.

9.4.        
Astria Advokater and its lawyers are not liable for advice provided by other advisers to whom Astria Advokater has referred the client, nor are Astria Advokater and its lawyers liable for any errors made by other advisers and subcontractors to which Astria Advokater, by agreement with the client, has entrusted a task in whole or in part.

9.5.
Astria Advokater has taken out liability insurance with HDI-Gerling Forsikring and provides a guarantee in accordance with the rules laid down by the Danish Bar and Law Society.

10. Applicale Law And Legal Venue

10.1.     
Astria Advokater's consultancy services and these business Terms and Conditions are governed by Danish law. Any disputes between a client and Astria Advokater must be resolved in accordance with Danish law and may only be brought before Danish courts.