Ackordscentralen – specialized in reorganization, bankruptcy and related insolvency law matters
Ackordscentralen is one of Sweden’s leading specialists in reorganizations, bankruptcies and other matters of insolvency law. Since 1857, we have helped large and small companies with payment or profitability issues to develop, improve or reorganize their operations.
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With approximately 60 colleagues – bankruptcy trustees, administrators, economists and other office staff – we are probably Sweden’s largest actor specializing in insolvency law. Our team combines deep legal and business expertise with practical guidance and strategic advice. As a foundation-owned independent company, we are unencumbered by special interests and will always act in your company’s best interests. Our size and specialization mean that we can tailor our teams to each individual case, and handle everything from smaller cases to large international cases.
Our offices
Ackordscentralen has nationwide coverage with offices in six places, meaning that we are always close to our customers. Our offices are located in Stockholm, Umeå, Gothenburg, Borås, Malmö and Kristianstad, divided into four geographical areas: Stockholm, Norrland, Väst and Syd.
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Ackordscentralen’s history
The history of Ackordscentralen begins in 1857, when the Gothenburg Merchants’ Association was founded. Shortly after, associations in Stockholm (1858) and Malmö (1880) were founded. Together, these associations build a nationwide network of representatives that reported on the credit worthiness of businessmen – an early Swedish solvency reporting system built on an advanced code and valuation system.
In 1907, the different merchants’ associations each instituted special composition and bankruptcy divisions, and in 1929 the operations were formally coordinated by a common board that was to be called Ackordscentralen. The first chair of the board was the silk manufacturer Knut August Almgren, a respected and colorful businessman. During the first one hundred years, small compositions and bankruptcies comprised the majority of the operations, while the latter few decades have been dominated by reorganizations and bankruptcies. Ackordscentralen is thereby one of Sweden’s oldest and most experienced actors within insolvency law.
In 1998, Ackordscentralen was reconstituted as a foundation.