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The Legal 500 Hall of Fame Icon The Legal 500 Hall of Fame highlights individuals who have received constant praise by their clients for continued excellence. The Hall of Fame highlights, to clients, the law firm partners who are at the pinnacle of the profession. In Europe, Middle East and Africa, the criteria for entry is to have been recognised by The Legal 500 as one of the elite leading lawyers for seven consecutive years. These partners are highlighted below and throughout the editorial.
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Iceland > Commercial, corporate and M&A > Law firm and leading lawyer rankings


Index of tables

  1. Commercial, corporate and M&A
  2. Leading individuals
  3. Next generation lawyers: 1

Leading individuals

  1. 1

Next generation lawyers: 1

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Who Represents Who

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Having achieved ‘a good balance between senior and junior people’, BBA has ‘extensive experience in working with international clients’ on a full range of corporate issues. Ásgeir Ragnarsson jointly heads the department with Baldvin Björn Haraldsson, who is ‘extremely capable’ in providing M&A advice. Ragnarsson acts for major clients including Boeing, Microsoft, Dell and JP Morgan. The ‘very detailed, but highly commercial at the same time’ and ‘incredibly hardworking’ Bjarki Diego assisted Kvika banki with its €20bn merger with VirĂ°ing.

Juris ‘manages any situation promptly and with superb accuracy’. HalldĂłr JĂłnsson and associate Bjarni AĂ°algeirsson advised entrepreneur Birgir Þór Bieltvedt on a series of high-profile M&A deals concerning Domino’s Pizza Group and Hard Rock CafĂ©. Simon Knight is leading the team in acting for Sunnuvellir on Silicor’s $900m silicon plant project. VĂ­fill HarĂ°arson was involved in matters involving corporate restructuring.

At Lex Law Offices, practice head Örn Gunnarsson led the team in advising on SjĂĄvarsĂœnin’s acquisition of Tandur valued at Íkr2,5bn. GuĂ°mundur Ingvi SigurĂ°sson serves as leading counsel to Costco Wholesale Corporation and Isavia. Focusing on corporate taxation and M&A, GarĂ°ar VĂ­Ă°ir Gunnarsson advised the shareholders of tourism services provider Extreme Iceland on the merger of Extreme Iceland and Arctic Adventures. In 2017, Eyvindur SĂłlnes joined the firm from his own practice.

The ‘very experienced, knowledgeable and friendly’ lawyers at LOGOS utilise their ‘in-depth understanding of what domestic and international clients want’ in handling complex M&A deals. Ragnar Tómas Árnason and the team assisted Icelandic company Norvik with selling its timber industry companies in a number of jurisdictions. Thorolfur Jónsson advises on complex M&A transactions for clients such as Icelandair Hotels. Highly regarded for his corporate expertise, Guðmundur Oddsson, who is based in London, led on advice to Xantis Pharma on a number of acquisitions. The ‘very knowledgeable’  Heiðar Ásberg Atlason and Claire Broomhead are also recommended.

Fjeldsted & Blöndal is, according to one client, ‘excellent to have with you at the negotiating table’. Practice head HalldĂłr Karl HalldĂłrsson, who ‘overcomes obstacles to secure a successful conclusion of the transaction’, led on advice to Arctic Green Energy on the debt and equity refinancing of the company and its subsidiaries. Other notable clients include global pharmaceutical company Actavis and Pt Capital.

Led by practice head ViĂ°ar LĂșĂ°vĂ­ksson, Landslog – Law Offices acted as sole legal counsel to Fast-1 on the signing of a purchase agreement regarding the sale of certain real estate companies to Reginn. Other highlights include acting for Hagar on the €133m purchase of shares in oil company Oliuverzlun Islands and assisting Vodafone Iceland with the €69m purchase of assets in media company 365 MiĂ°lar. Vilhjalmur H. Vilhjalmsson left the firm to accept a position at LandsrĂ©ttur.

ADVEL Attorneys at Law acts for clients including Silicor Material and Austrian group Novomatic. Highly regarded practice head Stefan Þór Ingimarsson assisted fishing gear company Hampidjan with a number of high-value acquisitions.

Deloitte Legal's team, which is 'always aiming for a new solution', advises large multinational companies on general corporate matters, corporate tax, and structuring issues pertaining to M&A transactions. Bjarni Thór Bjarnason heads the team.

Lagahvoll advises on issues regarding corporate finance and M&A transactions. Highlights included acting for a group of buyers on the acquisition of a majority stake in Ölgerðin Egill Skallagrímsson, the country’s oldest beer-producing factory.

RĂ©ttur – Adalsteinsson & Partners assists key client Flux with complex contentious and non-contentious matters pertaining to the termination of a shareholders' agreement, the sale of shares, and corporate governance. Headed by FriĂ°rik ÁrsĂŠlsson, the corporate department also handles general corporate law issues for several financial institutions including BNP Paribas and Commerzbank, among others.

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