These Terms and Conditions apply to any assignment that MAY Advokatanpartsselskab (“MAY”) performs for clients, unless otherwise agreed in writing.
1. Solicitors
All lawyers at MAY are appointed as lawyers by the Danish Civil Service and are part of the Advokat Society.
2. Reception and assistance of the case
Upon receipt of a case, we confirm receipt as soon as possible and we agree on the scope of the task with the client. The scope of a task can be adjusted continuously as needed.
Upon receipt of a case, we investigate, through our internal procedures, whether there is any incapacity or conflict of interest that prevents us from taking on the case.
MAY is subject to the Anti-Money Laundering Act and, upon receipt of the case, obtains the information and documents required by law. This information and documents are stored in accordance with the provisions of the Anti-Money Laundering Act concerning this. The Client agrees that MAY may disclose identity information about the Client to banks etc., which are subject to the same rules and obligations as us.
All tasks are carried out in accordance with the Rules of Procedure regarding lawyers and the Code of Legal Ethics of the Bar Association.
Both the Client and MAY may terminate the cooperation at any time. MAY is entitled to fees and cover any costs and expenses incurred for the time leading up to termination.
3. Fees and Costs
Unless otherwise agreed, MAY shall, as a rule, fix the fee on the basis of time elapsed. In addition, other factors are taken into account in the calculation of the remuneration, including the nature and complexity of the work, as well as its value and importance to the client, the specialist skills used, the responsibilities associated with the task, as well as the result obtained. We may request the client to deposit a deposit for our fee.
The fee is subject to VAT and other taxes in accordance with applicable regulations.
Upon commencement of a task, MAY will, upon request, provide an estimate of the amount of the fee, if possible based on the nature of the task. Clients who are consumers are always provided with information about the fee before starting work.
In addition to the fee, the client pays costs and expenses incurred by us in the performance of the task, including, for example, registration fees and court fees, fees, travel and accommodation expenses, and certain copying and shipping costs.
4th. Billing and payment terms
MAY invoices as a starting point when the task is completed, unless a different billing scheme has been agreed. However, we are always entitled to settle long-term cases on account, which in principle will be done either every, every three or every six months.
Our payment terms are 8 days from invoice date. In case of late payment, late payment interest is calculated in accordance with the provisions of the Interest Act.
5. Management of client funds
MAY manages client funds in accordance with the rules of the Law Society.
All client funds entrusted to MAY are deposited into client accounts with MAY's customary banking institution (s). MAY calculates interest on outstanding client accounts at the prevailing interest rate attributed to MAY by the financial institution at any time. Interest on the client's deposits in client accounts is accrued to the client, just as the client pays any negative interest on the client's deposits in client accounts.
The Depositor and Investor Guarantee Scheme Act applies to deposits in our client accounts. This means that deposits of up to EUR 100,000 are covered if the bank goes bankrupt. The maximum coverage applies to the depositor's total deposits in the financial institution, even if the money is in different accounts, including in both client bank accounts and own accounts.
MAY is not responsible for deposits in our client accounts if a financial institution becomes distressed.
6. Confidentiality and Insider Rules
Partners and employees of MAY are subject to confidentiality with respect to all information that they become aware of as part of our advice.
MAY also has security procedures for handling confidential information.
Partners and employees of MAY are subject to special rules in accordance with current legislation prohibiting the disclosure of inside information about listed companies and restrictions on trading in listed securities.
7. Intellectual Property Rights
The copyright and all other intellectual property rights in the material provided by MAY to the Client in connection with a case belong to MAY, unless otherwise agreed between MAY and the Client. Thus, the client receives only the necessary rights to use the material to the usual extent.
8. Case files
MAY keeps all files for at least five years from the end of the case. Original documents shall be returned no later than at the end of the case.
9. Complaints
In case of dissatisfaction with MAY's advice or handling of a case or the stipulated fee, the client may always contact the partner responsible for the case.
The client may also lodge a complaint against MAY's advice or handling of a case or the stipulated fee to the Bar Council, Kronprincesssegade 28, 1306 Copenhagen K, tel. 33969797, e-mail: postkas-se@advokatnaevnet.dk, or by using the Lawyers' Digital Complaints Portal on the Lawyers' Board's website, www.attorneysnet.dk.
10. Processing of personal data
MAY processes personal data about clients and others in connection with the provision of our services to our clients. For more information on our handling of personal data, please refer to MAY's privacy policy, which can be found on MAY's website, www.maylaw.com.
11. Liability and insurance
MAY is liable for damages in accordance with the general rules of Danish law for any loss that MAY may incur to the client in connection with the provision of its services, subject to the limitations set out below.
MAY's responsibility for consulting in connection with each task is limited to the lowest of (i) 10 times the fee for the task in question and (ii) DKK 5 million. A client may receive a maximum of DKK 10 million in compensation for all claims raised by the client relating to the same calendar year.
MAY is not responsible for any loss or damage caused by cyber attacks or IT crashes, or for loss of data, loss of operations, loss of time, loss of profit, loss of goodwill or image, or any indirect loss of any kind.
Claims can only be brought against MAY and thus not against the individual partner or other employees.
If the client is a trader, the client must bring any claim for damages against MAY no later than 12 months after the client becomes aware of, or should have become aware of, the circumstances justifying the claim.
MAY advises only on Danish law. We are solely responsible to the client for the advice provided.
We are not liable for Danish or foreign advisors from whom we have requested assistance in agreement with the client, or whom the client has engaged at our direction.
MAY has taken out liability insurance and provided a guarantee with a recognised insurance company in accordance with the rules laid down by the Bar Association, and liability insurance covers all legal activities, regardless of where the law practice is carried out.
12. Choice of law and jurisdiction
Any dispute between MAY and a client is governed by Danish law.
Any disputes must be brought before the Danish court competent pursuant to the Code of Justice.
March 1, 2026
