GAME OVER Day 4: The Kurator from the Future
Kromann Reumert pre-designated their own partner as bankruptcy trustee 39 days before any court appointment. The DocuSign metadata proves it. The contract was never completed.
Wild CEO — The Journey
March 13, 2026
Friday the thirteenth turned out to be unlucky — for them.
Yesterday at four in the morning, a DocuSign reminder landed in my inbox. It was from Kromann Reumert, asking me to sign a document called the Afviklingsaftale — the settlement agreement between Shape Robotics, Danske Bank, and EIFO. The same document that was used in court to justify the bankruptcy. The same document under which EUR 568,700 was paid from Romanian bank accounts into Kromann Reumert’s client account.
We stayed up all night analyzing it. What we found is devastating.
The Afviklingsaftale Was Never Properly Signed
Let me explain this slowly, because this is the missing link.
The Afviklingsaftale was circulated by Kromann Reumert on November 28, 2025 via DocuSign. It was a digital signing ceremony — a structured, auditable process where all parties sign within a single envelope and the platform certifies the result.
Five of the six required signatories signed within that DocuSign envelope. I never did.
I signed a separately circulated PDF on December 2, 2025, using a Namirial Qualified Electronic Signature — a certificate-backed, eIDAS-compliant signature that is technically superior to anything inside the DocuSign envelope.
But that is beside the point.
The point is my signature exists on one document, and five other signatures exist inside an incomplete DocuSign envelope. These were never unified. The document presented in court was a patchwork.
The DocuSign Certificate of Completion confirms it. The envelope status remains Delivered. It never reached Completed. Under DocuSign’s own framework, this means the signing ceremony was never finalized. The platform itself — the platform Kromann Reumert chose — has never certified this document as fully executed.
This is the contract that bankrupted Shape Robotics. And it does not exist as a properly executed agreement.
One Signatory Had Zero Identity Verification
It gets worse.
The DocuSign Certificate records the identity verification method for each signatory. Four of the five used MitID — Denmark’s national electronic identity scheme.
One signatory — Kristian Anning of EIFO — has no identity verification recorded at all. No MitID. No government ID. Nothing.
Kromann Reumert configured this signing ceremony. They are a top-tier law firm. They permitted an unverified signature on a document governing over DKK 20 million in financial obligations. For a Nasdaq-listed company.
Kurator — Five Weeks Before the Court Said So
Here is the part that turns negligence into something else entirely.
When Albert Mungo Madsen — a junior Kromann Reumert lawyer — configured the DocuSign envelope on November 28, 2025, he added a carbon copy recipient to the template.
The recipient was Teis Gullitz-Wormslev. The designation in the metadata: Kurator. The affiliation: Kromann Reumert.
Kurator is the Danish legal term for bankruptcy trustee — the court-appointed officer who administers a bankrupt company’s estate.
On November 28, 2025:
• No bankruptcy decree existed against Shape Robotics
• The bankruptcy petition had been filed only three days earlier, on November 25
• The bankruptcy was not declared until January 6, 2026 — thirty-nine days later
Thirty-nine days before any court made the appointment, a Kromann Reumert lawyer was already designating their own partner as the bankruptcy trustee of Shape Robotics in official metadata.
I would have said it was a mistake if I didn’t know what happened next. But I do know. The petition was served unlawfully. The bankruptcy was declared. Teis Gullitz-Wormslev was appointed trustee. DKK 199 million in assets were written to zero. And the company was buried for fifty-nine days.
This was not confusion. This was a plan.
The DocuSign Certificate of Completion — their own document, from their own platform — is the proof.
Kromann Reumert Knew It Was Incomplete — And Used It Anyway
Between March 3 and March 12, 2026, the DocuSign system sent ten daily reminder emails to my inbox asking me to complete the signing. Albert Mungo Madsen initiated those reminders.
Kromann Reumert knew — for ten consecutive days — that the envelope was not completed and my signature was outstanding within the platform.
Yet during that same period, the Afviklingsaftale was relied upon in court proceedings against Shape Robotics as though it were a binding, properly executed agreement.
They knew it was not complete. They used it anyway.
Nasdaq Suspended Trading — We Responded
Nasdaq Copenhagen published a notice around 2:30 PM Danish time stating that Shape Robotics shares are not tradable because the company has multiple bankruptcy petitions.
We published a company announcement in response.
The facts are simple. A petition that is not properly served is not a petition. This is not my opinion. This is the final decision of the Eastern High Court, which annulled the bankruptcy precisely because proper service was never effected.
The court’s own record — the retsbog from March 12 — confirms that the burden is on the creditors to demonstrate how valid service can be achieved. They have not done so.
We have instructed the Maritime and Commercial Court about exactly how service should be effected — to my home address in Romania, through the proper diplomatic channels required under EU regulations.
Until that happens, there is no validly served petition. And without a validly served petition, there is no regulatory basis for suspending trading.
We have informed the DFSA, Nasdaq, and all relevant authorities.
The Bailiff Petition — We Are Coming for the Assets
Today we filed a formal bailiff enforcement petition at Sø- og Handelsretten.
The petition demands that Kromann Reumert immediately hand over all company assets, documents, financial records, and property that they have been withholding since the annulment on March 5.
Eight days. It has been eight days since three judges of the Eastern High Court unanimously annulled the bankruptcy, and the former trustee has not returned a single document, a single file, a single krone.
Instead, they are contacting third parties — including our IP registration firm Zacco — instructing them to block the company’s lawful management from exercising its rights over its own assets.
We sent Zacco a comprehensive reply today with the full documentary evidence. Five sections of proof. No authority. No finalized asset list. Void Afviklingsaftale. Conflict of interest. Formal demands. Everything backed by documents.
The MAR Violations — Documented and Reported
During the fifty-nine days of the bankruptcy estate, the trustee violated the Market Abuse Regulation systematically.
Shape Robotics remained a publicly traded company on Nasdaq Copenhagen throughout the bankruptcy. The obligations under MAR did not disappear. The trustee:
• Canceled the Extraordinary General Meeting without informing the market
• Failed to disclose the bankruptcy of subsidiary Sanako Oy to shareholders
• Wrote DKK 199 million in assets to zero without any market communication
• Failed to provide regular creditor updates as required by Nasdaq Nordic practice
We have documented five comparable bankruptcies on Nasdaq Nordic — Odiko, Celuxit, Audientes, Spark Technology, and Leeds — all of which followed MAR with regular market alerts and creditor updates. Shape Robotics is the only case where the trustee went completely dark.
We have reported all of this to the DFSA today.
The Board Claims — DKK 40 Million
One more thing.
We have formally initiated a claim against the former board of directors for failure to disclose the pump-and-dump scheme to the market.
The internal investigation that uncovered Carnegie’s insider trading was completed in late September 2025. The board was informed. They chose to bury it.
The insurance company has been notified, and the claim will be presented for a shareholder vote at the future Extraordinary General Meeting.
The estimated damages are north of DKK 40 million.
What Happens Next
We have the proof. We have the documents. We have the legal team — engaged outside Denmark, because inside Denmark everybody has a conflict of interest.
The Afviklingsaftale fraud. The Kurator designation. The identity verification failure. The floating charge that was never finalized. The MAR violations. The DKK 3.7 million in escrow. The EUR 568,700 paid under a void contract.
Everything has been shared with the authorities. Everything will be made public. Every document will be available for anyone who wants to verify it.
We need time. And time is exactly what the law gives us.
Until valid service is effected through the proper diplomatic channels — sixty to ninety days from now — there is no petition to answer. The company uses this time to reconstruct. To fight. To win.
They thought Friday the thirteenth would be our unlucky day.
It was theirs.
Game over.
———
The Formal Letter — We Put It All in Writing
Today we sent a formal letter to Kromann Reumert, Danske Bank, and EIFO laying out every forensic finding from the DocuSign Certificate of Completion. The letter was copied to Kromann Reumert’s Managing Partner, Christina Bruun Geertsen, their Compliance Controller, Merve Güney, as well as Danske Bank’s Chief Compliance Officer, Dorthe Tolborg, and their Data Protection Office.
This is not a blog post. This is a legal document. Here is what it says.
Delegation to Counsel
I have formally delegated all signing authority and further handling of the Afviklingsaftale to my legal counsel, Alexandru Ambrozie, Partner at Popovici Nitu Stoica & Asociatii (PNSA) in Romania. The DocuSign audit trail confirms that I declined to sign within the envelope. All further communications regarding this matter must include Mr. Ambrozie.
The Forensic Findings from the DocuSign Certificate
The DocuSign Certificate of Completion for this envelope reveals seven critical failures:
1. The envelope status remains “Delivered” — not “Completed.” The signing ceremony was never finalized. DocuSign itself has never certified this document as fully executed.
2. The envelope was created and controlled by Albert Mungo Madsen of Kromann Reumert on November 28, 2025. They were the architect of a signing ceremony they never completed.
3. Five signatories signed through DocuSign. Four used MitID for identity verification. Casper Anning of EIFO had zero identity verification recorded. None. On a document governing millions in financial obligations.
4. I, Mark Abraham, never signed within the DocuSign envelope. My status remained “Delivered.” I have now formally declined and delegated to counsel.
5. A version with my Namirial Qualified Electronic Signature exists from December 2, 2025 — but it was applied outside the DocuSign envelope, on a separate PDF. The signatures were never unified in a single certified process.
6. Teis Bacher Jensen was listed as “Kurator” in the carbon copy recipients on November 28, 2025 — thirty-nine days before his actual court appointment on January 6, 2026. This is the smoking gun. A Kromann Reumert lawyer pre-designated their own partner as bankruptcy trustee in the metadata of the very contract that would be used to justify the bankruptcy.
7. Ten daily reminder emails were sent to me between March 3 and March 12, 2026, confirming Kromann Reumert knew the envelope was incomplete — yet they relied on it in court as if it were binding.
EUR 568,700 Paid Without a Valid Contract
Shape Robotics Romania S.R.L. advanced a loan of EUR 568,700 to Shape Robotics A/S under a Conditional Loan Agreement dated December 2, 2025, specifically to fund the standstill payment obligations under the Afviklingsaftale.
This money was transferred to Kromann Reumert’s client account and subsequently moved to a Kromann Reumert-controlled Nordea escrow account. The money never reached Danske Bank. The money never reached EIFO. It sits in accounts controlled by Kromann Reumert.
The entire basis for this payment was the Afviklingsaftale — a document that was never properly executed. A Romanian subsidiary advanced more than half a million euros to a Danish law firm’s client account based on the assumption that a valid, properly executed standstill agreement existed.
That assumption was false.
If the Afviklingsaftale is void for improper execution — and the DocuSign Certificate’s own metadata demonstrates that it is — then Kromann Reumert holds EUR 568,700 paid without legal basis under a contract that was never properly concluded. The entire payment chain collapses.
The Five Formal Demands
The letter makes five formal demands:
1. We declare the Afviklingsaftale void for improper execution, based on the forensic evidence from the DocuSign Certificate of Completion.
2. We request that Kromann Reumert annul the current DocuSign envelope and, if the parties wish to proceed, initiate a proper signing process with adequate identity verification for all signatories.
3. We demand that all contracts signed between Shape Robotics A/S and Danske Bank A/S and/or EIFO — from the inception of the relationship to the present — be provided to us together with their complete signature audit trails, including identity verification methods used for each signatory on each document.
4. We request a full accounting from Kromann Reumert for the EUR 568,700 received from Shape Robotics Romania S.R.L., including the current location and status of these funds.
5. We reserve all rights, including claims for return of funds paid without legal basis, claims against Kromann Reumert for professional negligence, and referral to the relevant supervisory and regulatory authorities.
———
Mark Abraham
CEO, Shape Robotics A/S
March 13, 2026
This post is part of Wild CEO — The Journey, a series documenting what happens when a CEO refuses to stay silent about corporate misconduct in Scandinavia. Subscribe to follow the story as it unfolds. Share it with anyone who cares about corporate accountability, shareholder rights, and the rule of law.
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