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Work +354 540 0300
Fax +354 540 0301
London, Reykjavik

Olafur Eiriksson

Work +354 540 0300

Work Department

Partner - Corporate


Main practice areas are litigation, employment and benefits, financial restructuring and insolvency, insurance, tort and arbitration. Over 100 cases in the Supreme Court establish the breadth of Olafur´s experience in the field of dispute resolution. He has advised clients on several landmark cases in the field of bankruptcy, restructuring, banking and tort. The clients he advises range from individuals to large international banks and financial institutions.


Olafur joined LOGOS in 2006 and became a Partner in 2009. He was previously with Hafnarfjordur Law Firm from 1995-2006.


English and Danish.


The Icelandic Bar Association.


Olafur graduated from the University of Iceland with a cand.jur. degree in 1999, and qualified as an Attorney in 2000.


Dispute resolution

Within: Leading individuals

Ólafur Eiríksson - LOGOS

Within: Dispute resolution

The LOGOS team is a ‘leader in the field of dispute resolution’. It represented a group of investors enforcing their claims under a Subordination Agreement against ISIS Investments, a subsidiary of Kaupthing Bank in the Isle of Man. Practice head Ólafur Eiríksson has expertise in white collar crime and bankruptcy law. Clients also include Deutsche Bank in claw back claims, as well as Valitor and UBS.

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Within: Leading individuals

Ólafur Eiríksson - LOGOS

Within: Employment

LOGOS’s employment practice, headed by Ólafur Eiríksson, handles both contentious and non-contentious employment matters. It represents Nordural Grundartangi in a dispute concerning collective agreements. Ragnar Tómas Árnason led advice to Rio Tinto Alcan and successfully obtained an injunction against striking Rio Tinto workers who were preventing the exportation of aluminium. The team also provides ongoing advice to Actavis on various employment law matters.

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  • Korean Financial Regulators Advance Legislation to Introduce Regulatory Sandbox to Spark FinTech

    The 2018 year in review in Korea was notable for the sluggish overall economy, uncertainty surrounding the geo-politics and impact on Korea due to the global trade wars, on-going concerns related to the lack of jobs and unemployment, increased taxes and burdens for businesses and families, and no meaningful improvement or clarity in the current situation for 2019. In response, the Korean National Assembly passed a legislation called the Financial Innovation Support Act (the “FinISA”) on December 7, 2018 to spark the financial services industry in conjunction with FinTech products and services. The FinISA, which will soon take effect in March 2019, is intended to lay the legal foundation to introduce a regulatory sandbox for innovative financial services, where FinTech firms test their new products and services without certain regulatory oversight pursuant to exemptions for a limited period of time (“Sandbox”). As the FinISA exempts or defers application of existing finance-related regulations for new financial technology, products or services with the purpose of fostering the creation of innovative and new financial products and services, it will also support the stabilization of such services in the financial services market at the end of the testing period and is expected that the FinISA will support a revitalization of the FinTech industry which experienced sluggish growth in recent times. In particular, as companies and investors become more interested in security tokens and Security Token Offerings (“STO”) which are regulated by the Financial Investment Services and Capital Markets Act (the “FSCMA”), there have been on-going discussions and debates as to whether the FinISA could lead to a breakthrough in the crypto-asset industry based on blockchain technology. Crypto assets encompasses those assets which utilize blockchain technology where the asset is digitalized by utilization of cryptography, peer-to-peer networks and a public ledger of verified transactions resulting in a ‘units’ of such a crypto asset without any involvement by middle-persons or brokers (e.g., cryptocurrency.

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  • BAG – Employers can claw back bonus payments

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