Legal Areas

SPECIALTIES
  • Blockchain and Crypto Currencies
  • Corporate and M&A
  • Venture Capital
  • Commercial Contracts

    • Blockchain and Virtual Currencies

    The blockchain technology has a potential that can be crucial for a number of significant industries.

    Blockchain and virtual currencies (cryptocurrencies) such as bitcoin and ether, which are based on blockchain as underlying technology, have the potential to “disrupt” already existing systems.

    There are many possibilities for incorporating blockchain into its business process. But in order to develop, commercialize and capitalize on the blockchain, there are a number of legal points to be aware of. Therefore, it is important that you have an attorney by your side who has in-depth legal and commercial knowledge and an industry knowledge of blockchain and virtual currencies.

    Samar Law is the leading Danish law firm within this area.
    Our advice in this thesis consists of a field of tension between the fields of corporate, fintech, tax law, fund law, financial regulation and employment law, which we already have experience with.

    Our clients

    Our clients count all market players, including:

    • Private companies and foundations whose primary business relates to blockchain and virtual currencies.
    • Public authorities who want to incorporate blockchain.
    • Private individuals regarding tax advice related to taxation of profits and investments in blockchain and virtual currency related projects.In addition, Samar Law has a wide national and international network in the area.

    Our experience

    Our experience in this field includes in the following:

     

    • Financial regulation, including legal opinions of whether or not a virtual currency is covered by the domestic financial regulation.
    • Regulation of traditional coins, stablecoins and tokens (both utility, security and payment tokens).
    • Advice on the Danish FSA’s sandbox measures.
    • Advice on smart contracts and contract law matters.
    • All types of corporate law advice and transactions involving virtual currencies, including employer incentive programs and corporate law constructions.
    • Initial Coin Offerings (ICO’s) and the regulatory requirements associated with them.
    • Advice and preparation of anti money laundering policies and procedures.
    • Payment solutions with virtual currencies.
    • Capital market law in relation to virtual currencies.
    • Project-based tasks where companies want to implement blockchain in their business (especially in connection with private blockchains).
    • All types of tax advice, including advice on taxation of gains on virtual currencies and cases against the Danish Tax Authorities (Skattestyrelsen) and other authorities.

    Corporate and M&A

    Do you already have a business or are you considering starting one?

    Whether you are representing a smaller or medium-sized business, Samar Law can assist with all corporate and transactional tasks.

    Samar Law can e.g. assist with the following tasks:

    • Establishment of a company and advice on choice of company form.
    • Preparation of Shareholders’ Agreement.
    • Amendments to the company’s Articles of Association.
    • Strategic alliances and joint ventures.
    • Corporate restructuring.

    In addition, Samar Law also has specific experience in assisting with Mergers & Acquisitions. Samar Law can assist with:

    • Project management.
    • Preparation and negotiation of the initial transaction documents such as the Term Sheet/Letter of Intent and Non Disclosure Agreement (NDA).
    • Possible preparation of request list and a due diligence of the company.
    • Preparation of transaction documents (Share Purchase Agreement or Asset Purchase Agreement) and negotiations hereof.
    • Closing.
    • Possible preparation of Shareholders’ Agreement.

    Venture Capital

    Venture and seed investments are investments in companies that are either startup or early stage companies. Common to these investments are that they are typically associated with a high risk with similar growth potential.

    The investments are typically made because of the company’s need of capital to grow and expand its business. Therefore, venture and seed investments are typically made on special terms, which are often very specific tailored to the specific investment. For example, the investment may be conditioned on the company having to use the capital for certain specific purposes or the investment being paid out as specific milestones are achieved. It may also be that the investor depends on being allocated shares in the company, which are granted some special preferences (preference shares).

    Samar Law provides advice on all aspects of venture and seed investments. This applies:

    • Preparation and negotiation of the initial transaction documents such as the Term Sheet/Letter of Intent and Non Disclosure Agreement (NDA).
    • Preparation and negotiation of the Investment Agreement.
    • Preparation of the Shareholders’ Agreement.
    • Implementation of the investment and the associated registrations with the Danish Business Authority.

    Commercial Contracts

    Samar Law has vast experience in preparing contracts in commercial context. You may have a business partner where you want to formalize your terms, or you may either have a dispute or want to prevent a dispute with a business partner. Samar Law can help anticipate the typical issues you may face as business partners and provide legal, strategic and commercial advice.

    Samar Law’s advice is solution-oriented, pragmatic and fit your specific business needs.

    We have worked with all types of contracts, and we know the legal possibilities and pitfalls for the different types of contracts.

    Samar Law can help with:

    • Non-disclosure agreements (NDA’s).
    • Letters of intent.
    • Purchase and sale of goods.
    • Supply contracts.
    • Framework agreements.
    • Cooperation agreements.
    • Terms of sale and delivery.