The Legal 500

Within Banking and finance, ADVEL Attorneys at Law is a second tier firm,

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.

Within Corporate and M&A, ADVEL Attorneys at Law is a second tier firm,

ADVEL Attorneys at Law provides ‘excellent service to its clients’, and is recommended for its ‘in-depth knowledge and fast responses’. Recent highlights include advising the IT and telecoms conglomerate Teymi on its demerger into Vodafone and Skyrr. Stefan Thor Ingimarsson heads the team, which also includes Sigurdur Gudjonsson, who is ‘very strong in corporate finance’, and Kristinn Hallgrimsson, who is ‘excellent when it comes to legal strategy and negotiations’.

Within Dispute resolution, ADVEL Attorneys at Law is a second tier firm,

ADVEL Attorneys at Law’s busy litigation group represented Gift Investment in a dispute with Landsbanki over a derivatives contract. The City of Reykjavik is also a major client. Anton Bjorn Markusson heads the practice, which also includes Jon Ogmundsson, who shows flexibility, ‘experience and calmness’.

Within EEA and competition, ADVEL Attorneys at Law is a first tier firm,

Clients report that working with ADVEL Attorneys at Law’s highly rated competition practice is ‘a very positive experience’. Recent highlights include representing the merging entities before the Icelandic Competition Authority (ICA) regarding the merger of N1 with Arion Bank and Islandsbanki. The firm also represented Byr Bank on the merger notification of its tie-up with Islandsbanki. Telma Halldorsdottir heads the practice, which recruited Dora Sif Tynes from Icelandic company Teymi.

Within Maritime and transport, ADVEL Attorneys at Law is a second tier firm,

Kristinn Hallgrimsson heads the team at ADVEL Attorneys at Law, which continues to work alongside Norwegian firm Wikborg Rein regarding the stranding of the fishing vessel Gudrun Gisladottir in northern Norway. On the aviation side, Air Atlanta is a major client.

Within Projects and PFI, ADVEL Attorneys at Law is a second tier firm,

ADVEL Attorneys at Law has substantial projects experience including advising Mannvit on the construction of a geothermal power plant in Dubrovnik, Slovenia. Telma Halldorsdottir heads this highly experienced team.

Within Restructuring and insolvency, ADVEL Attorneys at Law is a second tier firm,

ADVEL Attorneys at Law regularly advises debtors and creditors. It advised N1, Iceland’s largest oil company, on its complex restructuring, and is also advising numerous shareholders, including Kjalar, on their interests in collapsed corporations and banks. Kristinn Hallgrimsson heads the team.

Within TMT and IP, ADVEL Attorneys at Law is a third tier firm,

The highly regarded Jon Ogmundsson heads ADVEL Attorneys at Law’s ‘excellent and intuitive’ team, which is mainly active in patent and trade mark protection and licensing. Sena Entertainment – the commercial agent for Universal, Sony and Twentieth Century Fox – regularly uses the firm for IP matters.