Iceland > Banking and finance
Index of tables
Banking and finance
Leading individuals
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- Erlendur Gislason LOGOS legal services
- Ólafur Haraldsson Lex Law Offices
- Adalsteinn Jonasson Lex Law Offices
- Gunnar Jonsson Jonsson & Hall
- Ásgeir Ragnarsson BBA // Legal
- Olafur Arinbjorn Sigurdsson LOGOS legal services
- Johannes Sveinsson Landslog Law Offices
- Vidar Ludviksson Landslog Law Offices
BBA // Legal’s top-quality practice regularly acts for local and international banks on major financings. It advised Barclays Capital Services on the $500m Bakkavor Group financing, and a syndicate of Icelandic banks on providing a €116m facility to Marel Food Systems. Senior partner Asgeir Ragnarsson is recommended.
At Lex Law Offices, ‘the knowledge and advice is flawless’ and this responsive group shows ‘good business acumen’. Highlights included advising Arion Bank on a $275m facility to Skipti, the owner of Iceland Telecom. The firm is also representing Central Bank of Iceland on the restructuring of its €3bn loan portfolio. The team includes Adalsteinn Jonasson and the ‘resourceful’ Olafur Haraldsson.
LOGOS legal services’ ‘highly recommended’ banking practice acts for banks, insurance companies and other financial institutions, as well as borrowers. It advised Icelandair Group on its $164m refinancing, and also Landsbanki Islands on the financing of NBI bank’s $2.5bn acquisition of its assets. Erlendur Gislason heads the team.
ADVEL Attorneys at Law’s ‘excellent’ banking practice is advising Byr Bank on its ongoing merger with Islandsbank. Arion Bank is also a major client. Kristinn Hallgrimsson heads the team, which also includes the ‘excellent’ Sigurdur Gudjonsson.
Jonsson & Hall comes highly recommended, and acts for a range of domestic and international borrowers and lenders. Like many leading practices, this group has been involved in several major refinancings. Einar Sverrisson, Gisli Hall and Gunnar Jonsson are the key figures.
Juris Law Office significantly enhanced its credentials following its merger with Jonsson & Hardarson and the arrival of Halldor Jonsson, who has experience as former general counsel of Landsbanki Luxembourg. The team advised Icelandic State Financial Investments on issues regarding its holdings in Icelandic banks. Jonsson, Stefan Svensson and Vifill Hardarson are recommended.
Landslog Law Offices’ contentious practice has been representing several major banks pursuing restructuring-related claims, including Glitnir Bank in its dispute with Exista regarding set-off claims and derivatives-related issues. Vidar Ludviksson is recommended.
Reykjavik Law Firm is establishing a strong presence in the banking sector, particularly for insolvency-related matters. Larentsinus Kristjansson and Steinar Gudgeirsson are chairmen of the Landsbanki and Kaupthing Bank resolution committees, respectively.
Two-partner Attorneys at Hofdabakki acts for several major clients on banking matters. Hrein Loftsson and Thordur Bogason are recommended.
JP Attorneys has several partners with strong connections to the banking and finance industry, including Johannes Runar Johannsson, who is a member of the Kaupthing Bank Resolution Committee. Oskar Sigurdsson is a regulatory expert.