The law firm Horten has published the results of an external investigation criticizing former partner Nicolai Dyhr in four specific cases. The investigation was prompted by the TV2 documentary “The Black Swan,” and was conducted by Birgitte Jørgensen from Dahl Law Firm (Dahl Advokatpartnerselskab).
The report focused on 12 selected cases, scrutinizing Dyhr’s role and actions. The criticism includes allegations of conflicts of interest in three cases where Dyhr acted as a curator or restructuring advisor, as well as violations of good legal practice in four cases. However, there was no evidence found that he engaged in criminal acts. The investigation pointed out that there are no indications that Dyhr deliberately tried to hide assets or secure illegal financial gains.
Birgitte Jørgensen did not recommend further investigations into other cases or staff members within Horten’s insolvency department. She also noted that there are no signs of a workplace culture that consciously covers up or ignores questionable actions. The findings of the investigation are not legally binding.
In the documentary, Nicolai Dyhr was described as a participant in meetings with criminal environments where he provided advice on fraud. Dyhr later stated that the documentary does not present a complete picture, emphasizing that his approach was aimed at gathering as much information as possible by aligning with the interests of his clients.
In response to the criticism, Horten has committed to implementing new internal guidelines and procedures for handling bankruptcies. CEO Anders Bager Jensen issued an official apology on the firm’s website, stating, “We regret that a partner has acted against our values. We will improve our internal processes with new initiatives to prevent future breaches.”
This investigation and the firm’s response illustrate how law firms are taking responsibility for their employees’ actions and seeking to enhance internal systems to prevent recurrence.