Dispute resolution in Iceland

Jonsson & Hall

Juris

The 'highly competent team' at Juris handles high-value disputes in the banking, finance, fishing and telecoms sectors. Led by Supreme Court attorneys Andri Árnason and Stefán A. Svensson, the group represents clients in anti-competitive behaviour claims, cross-border financial litigation and asset recovery mandates. Recent highlights include acting for the Municipality of Ísafjörðura in a claim against Westfjord Power Company arising from the assignment of rights in power production, and representing Huginn in a claim against the Icelandic government relating to the distribution of mackerel quotas.

Practice head(s):

Andri Árnason; Stefán A. Svensson

Other key lawyers:

Andri Andrason

Testimonials

‘Very good service and have experts in all fields and good contacts abroad if needed.’

‘Juris has a highly competent team. What may set them apart from others in the “upper echelons” of Icelandic firms is the value, in Icelandic context, in the fact that the partners do not only possess a good reputation professionally, but that they are well regarded in domestic society. This is a valuable resource when it comes to the element of the lawyers work that is not purely concerned with the law, but people.’

‘Andri Árnason and Andri Andrason (partners) are those individuals of which I have the greatest experience. They both share the quality of being sharp and level headed. I have never seen them lose their composure, regardless of circumstances, which projects professionalism and inspires confidence. As for litigation, they are more than capable litigators whilst still being well versed in the substantive law and the often quite complex nature of the reality behind the case in question.’

Key clients

Kaupþing ehf.

Íslandsbanki hf.

Borgun hf.

Íslandspóstur hf.

RÚV ohf.

Síminn hf.

Ísfélag Vestmannaeyja hf.

Icelandic Ministry of Finance and Economic Affairs (fjármála og efnahagsfráðuneytið) on behalf of the Icelandic State.

Míla ehf.

Municipality of Ísafjörður

Korputorg ehf.

Eimskip Ísland ehf.

Huginn ehf.

Landsbankinn hf.

Ágúst Heimir Ólafsson

Norðurturninn hf.

Work highlights

  • Representing Huginn in a claim against the Icelandic government relating to the distribution of mackerel quotas.
  • Representing Landsbankinn hf. in a claim by Lífeyrissjóður bankamanna (the bank’s employee pension fund).
  • Representing the Municipality of Ísafjörður in a dispute regarding the assignment of rights in power production.

Lex Law Offices

Fielding a number of Supreme Court attorneys, the 'service-oriented' dispute resolution practice at Lex Law Offices is jointly led by Kristín Edwald and Arnar Þór Stefánsson. The team is adept at handling claims relating to banking, construction, tort and insolvency claims, and represents government clients including the Ministry of Education, Science and Culture; it also counts Costco, Renault and Landsbankinn on its high-profile client roster. Samherji is also a key client, which the team recently represented in an investigation into its subsidiaries in Namibia and its activities in the country. Birgir Már Björnsson was promoted to the partnership in early 2020, while Garðar Víðir Gunnarsson is another key contact for contentious tax matters.

Practice head(s):

Kristín Edwald; Arnar Þór Stefánsson

Other key lawyers:

Birgir Már Björnsson; Garðar Víðir Gunnarsson

Testimonials

‘Service oriented, you feel that your cases are always priority #1.’

‘The Lex team has professional methods They are quick to reply and reliable.’

Key clients

Ministry of Education, Science and Culture

Samherji hf.

Landsbankinn hf.

EFLA Consulting Engineers

Nýr Landspítali ohf. (NLSH)

Costco Wholesale Iceland ehf.

Renault Retail Group SA

Sjóva-Almennar tryggingar hf.

Arnarlax ehf., Fjarðalax ehf. and Arctic Sea Farm hf.

Central Bank of Iceland

Work highlights

  • Representing the Ministry of Education, Science and Culture in a case challenging a decision of the Complaints Committee on Equality (Kærunefnd jafnréttismála).
  • Representing Samherji hf. in an investigation by the Icelandic and Namibian authorities into the company‘s subsidiaries in Namibia and its activities there.
  • Representing Nýr Landspítali ohf. (NLSH) in ISK1bn arbitration proceedings regarding the construction of a new university hospital in Reykjavik, Iceland.

LOGOS

Led by company law expert Heiðar Ásberg Atlason, the dispute resolution practice at LOGOS also features EEA and competition specialist Helga Óttarsdóttir as well as experienced litigators Ólafur Eiríksson and Halldór Brynjar Halldórsson. Covering both Iceland and the UK, the team has substantive experience before the Supreme Court, the Court of Appeal, EFTA and the European Court of Human Rights. In particular, the group regularly defends clients in large-scale investigations brought by the tax or competition authorities and bankruptcy claims; it recently advised HSBC on the collapse of LBI and the domestic legal requirements of a cross-border winding-up. The practice attracts a significant amount of work from key players in the banking, telecoms, retail and shipping sectors.

Réttur – Adalsteinsson & Partners

Sigurður Örn Hilmarsson and Sigrún Ingibjörg Gísladóttir lead the dispute resolution team at Réttur – Adalsteinsson & Partners, and are experts in commercial litigation and EFTA litigation respectively. The practice is well-versed in human rights cases, and recently represented Guðjón Skarphéðinsson in the landmark claim against the state for wrongful imprisonment. It is also a key name in the market for IP litigation and defended Icelandic Water Holdings against a trade mark claim brought by iGWater. Ragnar Aðalsteinsson is one of the firm's notable practitioners, while Claudie Ashonie Wilson was promoted to the partnership in early 2020.

Practice head(s):

Sigurður Örn Hilmarsson; Sigrún Ingibjörg Gísladóttir

Other key lawyers:

Ragnar Aðalsteinsson; Claudie Ashonie Wilson

Key clients

Tenova Pyromet

Efling

Flux ehf.

Stígamót

Stundin

Icelandic Water Holdings hf.

Guðjón Skarphéðinsson

Freyja Haraldsdóttir

Work highlights

  • Litigated two cases for Tenova Pyromet, a creditor in Iceland’s largest insolvency since the financial crisis of 2008.
  • Acting in a claim for compensation for Guðjón Skarphéðinsson who was wrongly convicted and assumed guilty for 40 years in the most infamous criminal case in Iceland’s history following the Supreme Court’s overturned judgment in 2017 where he was declared not guilty.
  • Representing Stígamót, a non-profit for the victims of sexual abuse and violence, in demonstrating a systemic problem with police investigations by sending eight complaints in individual cases to the European Court of Human Rights.

ADVEL Attorneys at Law

The dispute resolution group at ADVEL Attorneys at Law is led by contract law specialist Guðmundur Siemsen and handles work for a wide variety of clients including Vodafone, Air Atlanta and the Icelandic Government. The team has acted in high-profile cases before domestic, EU and EFTA courts, and has substantive experience in disputes relating to state surveillance issues and matters involving the Financial Supervisory Authority. In a recent mandates, the practice defended Reitir Hotels in an appeal regarding registrational errors at the Mortgage and Land Registry of the Reykjavik Municipality. Supreme Court attorney Kristinn Hallgrímsson is a key name to note for corporate litigation.

Practice head(s):

Guðmundur Siemsen

Other key lawyers:

Kristinn Hallgrímsson

BBA//Fjeldco

BBA//Fjeldco's dispute resolution department counts the Financial Services Compensation Scheme and Securitas as key clients on its roster. Led by Thorir Júlíusson and Baldvin Björn Haraldsson, who specialise in financial matters and winding-up issues respectively, the team handles commercial litigation, damages claims and derivatives disputes. In addition, clients also benefit from its experience in real estate and shareholder arbitration proceedings at a domestic and international level. Hafliði Kristján Lárusson is a key contact for IP and technology cases.

Practice head(s):

Thorir Júlíusson; Baldvin Björn Haraldsson

Other key lawyers:

Hafliði Kristján Lárusson

Testimonials

‘The person I worked with was very easy to get along with and was concerned about my success as a client. I appreciate this and I am very satisfied with the cooperation with him.’

Key clients

Origo hf.

LBI ehf.

Eik fasteignafélag hf.

Securitas hf.

FI fasteignafelag slhf.

Mannverk

CRI ehf.

The Arbitration Institute of the Finland Chamber of Commerce

FSCS (Financial Services Compensation Scheme)

Harpa Concert Hall