Firm Profile > LOGOS > Reykjavik, Iceland

LOGOS
EFSTALEITI 5
103 REYKJAVIK
Iceland

Dispute resolution Tier 1

LOGOS' 'highly ambitious and tactical' team is regularly involved in major claims for damages in the banking sector, often acting as defence counsel. The group is also active in competition law mandates including cartel allegations and breach of competition law investigations across the telecoms, retail, shipping and payment services sectors. Helga Óttarsdóttir stands out for her expertise in competition law matters, acting before the authorities and Icelandic courts; she is regularly assisted by Halldór Brynjar Halldórsson. In a recent highlight, the group represented Byko in its appeal against a major fine imposed by the Competition Authority relating to alleged cartel activity. Ólafur Eiríksson has considerable expertise in white-collar crime and bankruptcy law.

Practice head(s):

Bjarnfreður Ólafsson

Testimonials

‘The firm has in-depth knowledge and resources that is very comforting for clients who have entrusted them with finding a way to resolve serious disputes.’

‘Helga Óttarsdóttir is very good to work with. She possesses extensive knowledge concerning IP rights and GDPR.’

‘Ólafur Eiríksson very good to work with. Expert in his field concerning dispute resolution.’

Key clients

Morgan Stanley Inc.

Goldman Sachs Inc.

Siminn hf.

Valitor hf.

Marel hf.

Vatryggingafelag Islands hf. (VIS)

Eimskipafelag Islands hf.

Glitnir HoldCo ehf.

EEA and competition Tier 1

LOGOS' practice acts for major corporations in the shipping, telecoms and pharmaceuticals sectors in competition law claims for substantial damages, and also handles merger notifications and major investigations carried out by the Competition Authority including dawn raids. Practice head Helga Melkorka Óttarsdóttir is a qualified Supreme Court attorney with in-house experience at the EFTA Surveillance Authority; she recently defended Norvik and Byko against a major claim relating to alleged cartel activity. Halldór Brynjar Halldórsson is also a key name for competition claims. Gunnar Sturluson's expertise includes advising clients facing investigations by the ICA and working with regulators.

Practice head(s):

Helga Melkorka Óttarsdóttir; Gunnar Sturluson

Key clients

Siminn hf.

Norvik hf.

Byko ehf.

Valitor hf.

Eimskipafelag Islands hf.

Brim hf.

Ölgerðin Egill Skallagríms hf.

Arctic Adventures hf.

Maritime and transport Tier 1

LOGOS advises major clients in the shipping, aviation and transport sectors on a range of contentious and non-contentious mandates including acting in salvage claims and loss of cargo claims, and handling financing, acquisition and leasing transactions in the aviation sector. The group also has expertise in service agreements and assists with shipbuilding contracts and carriage contracts. Einar Baldvin Axelsson is the firm's leading shipping expert, while Erlendur Gíslason is the name to note for aviation work.

Practice head(s):

Einar Baldvin Axelsson; Erlendur Gíslason

Key clients

Eimskip Island ehf.

Vatryggingafelag Islands hf.

Icelandair ehf.

The Icelandic Coast Guard

TVG-Zimsen hf.

Tryggingamidstodin hf.

The Shipowners P&I club

The Standard Club

Nes hf.

Air Atlanta

Atlantic Tank Storage ehf.

Air Iceland Connect

Icelease ehf.

Real estate and construction Tier 1

LOGOS advises construction companies on a diverse range of major projects including the development of residential and commercial housing units and building plans for factories. The group is also active in litigation and handles disputes with contractors, court cases between private companies and municipalities over land, and litigation arising from project delays. Benedikt Egill Árnason frequently advises developers on large-scale housing projects; he recently acted for Hraunbyggd on its development of 2,300 apartments in the Municipality of Hafnarfjörður. Erlendur Gíslason has notable strength advising on construction projects, ranging from the development of factories to university facilities, while team leader Hjördís Halldórsdóttir primarily assists real estate companies with contractual agreements.

Practice head(s):

Hjördís Halldórsdóttir

Key clients

Islenskir adalverktakar hf.

Nordural Grundartangi

Rio Tinto Alcan

Jardboranir hf./Iceland Drilling Ltd.

Landsnet hf.

Munck Island ehf.

Ístak

Framkvaemdafelagid Arnarhvoll ehf.

Eignarhaldsfelagid Hornsteinn ehf.

B.M. Vallá ehf.

Björgun ehf.

Sementsverksmidjan ehf.

BS eignir ehf.

Járn verktakar ehf.

Litlafell ehf.

Government Construction Contracting Agency (Framkvæmdasýsla ríkisins)

Hraunbyggd ehf.

Vatnworks Iceland ehf.

Restructuring and insolvency Tier 1

With offices in Reykjavik and London, LOGOS handles a broad spectrum of work covering multiple jurisdictions including overseeing the liquidation of insolvent companies, advising on the purchase of shares in bankrupt estates and handling major refinancing mandates. Practice head Heiðar Ásberg Atlason, whose clients include large international banks and financial institutions, recently represented Baugur Group in bankruptcy proceedings.

Practice head(s):

Heiðar Ásberg Atlason; Guðbjörg Helga Hjartardóttir

Key clients

Siminn hf.

Lyf og heilsa hf.

Gildi

VR

Pension Fund of State Employees

Arion bank

Reykjanesbaer – Municipality

Estate of SS Hus ehf.

Baugur Group Estate

Origo hf.

1912 ehf.

TMT and IP Tier 1

With strength in commercial and contentious IP mandates, LOGOS also frequently advises clients on the data protection aspects of business operations (including GDPR compliance work), franchising agreements and disputes regarding trade mark and copyright infringements. In a recent mandate, team co-head Áslaug Björgvinsdóttir, who is a specialist in European data protection issues, worked with Guðmundur Oddsson assisting CCP with the sale of its entire shareholding to Pearl Abyss, representing the largest IT and IP exit in Iceland's history. Fellow co-head Hjördís Halldórsdóttir has considerable expertise in information technology and copyright law, which she leverages to advise major companies, banks and municipalities.

Practice head(s):

Hjördís Halldórsdóttir; Áslaug Björgvinsdóttir

Key clients

Emmessis ehf.

Verne Holdings ehf.

Siminn hf.

CCP hf.

Landsvirkjun

The Icelandic Broadcasting Service, Ríkisútvarpið

Marel hf.

Sigur ros

Arion banki hf.

Reykjanesbaer municipality

Banking, finance and capital markets Tier 2

With offices in Reykjavik and London, LOGOS' 'impressive team of lawyers' stands out for its strength assisting international and domestic banks and companies with cross-border IPOs, secondary listings and private placements. The group additionally handles divestment and funding mandates in Iceland for corporates and investment companies. In a significant recent instruction, practice head Thórólfur Jónsson advised Arion Bank on its issuance of shares on Nasdaq Iceland and Nasdaq Stockholm, representing one of the largest share offerings ever recorded in Iceland. Group co-head Guðbjörg Helga Hjartardóttir is also a key name to note.

Practice head(s):

Thórólfur Jónsson; Guðbjörg Helga Hjartardóttir

Testimonials

‘LOGOS’ wide-ranging experience, coupled with the quality of their lawyers, meant that they were able to deliver a high-quality service that was instrumental in achieving the desired outcome for our clients.’

‘In Iceland Logos is by far the best Aviation Law Firm in Iceland. We have been using their service for many years and always get a top-class service.’

‘Benedikt Egill Árnason is very efficient and resourceful.’

‘Óttar Pálsson is our main contact at LOGOS and our go-to lawyer in Iceland. He is a clear market leader and his strengths lie in developing and finding solutions for clients in very challenging situations.’

Key clients

Arion bank

Kaupthing

Goldman Sachs International

Deutsche Bank

Alfa Framtak

Crowberry Capital

Marel

Commercial, corporate and M&A Tier 2

With particular expertise in the IT, energy, aviation and banking sectors, the corporate group at LOGOS predominantly handles the sale and acquisition of company shareholdings for domestic clients. Practice head Guðmundur Oddsson recently acted for CCP Games on its sale of Pearl Abyss for $450m, and Thórólfur Jónsson advised Arion Bank on its successful €395m share offering on Nasdaq Iceland and Nasdaq Stockholm. Guðbjörg Helga Hjartardóttir predominantly advises clients on financial restructurings, corporate finance work and M&A.

Practice head(s):

Thórólfur Jónsson; Guðmundur Oddsson; Guðbjörg Helga Hjartardóttir

Testimonials

‘My contact with Logos is Benedikt Egill Árnason. I find him very resourceful and amicable in all aspects. He will assist in immediate circumstances and seeks the advice of others within Logos when required. His advice has been found to be unbiased and to the point. I can wholeheartedly recommend him in the field of Civil Contracting Contracts.’

Key clients

Brim hf.

Icelandair Group hf.

Origo hf.

Goldman Sachs International

Haugen Gruppen Nordic AS

CCP hf.

Verne Global ehf.

Frumtak slhf.

Kerecis hf.

Norvik hf.

Crowberry Capital ehf.

Olgerdin Egill Skallagrimsson hf.

1912 ehf.

Employment Tier 2

The team at  LOGOS handles contentious and non-contentious employment matters including injunction claims against ex-employees relating to non-compete restrictions, employment agreements, collective agreements, management strategies and issues arising from strike actions. Practice head Ólafur Eiríksson specialises in white-collar crime, tort law, bankruptcy work and general employment law.

Practice head(s):

Ólafur Eiríksson

Key clients

Rio Tinto Alcan

Eimskipafelag Islands hf.

Nordural Century Aluminium

Lyf og heilsa pharmaceuticals

Vatryggingarfelag Islands

Actavis

Icelandair

The firm: Established in 1907, LOGOS is one of the premier law firms in Iceland and is highly regarded for its international presence. The firm, which specialises in corporate and commercial law, advises both the international business community and domestic clients requiring international legal assistance. The LOGOS London office makes LOGOS uniquely placed as an adviser to both Icelandic businesses in their international relationships and to foreign businesses with interests in the Icelandic market.

Consistently highly praised by its many loyal and longstanding clients, the firm attracts Iceland’s finest legal talent and maintains its competitive edge with continuous investment in training and development throughout every lawyer’s career.

Areas of practice: International work: LOGOS has an outstanding track record in helping clients taking advantage of ever-changing opportunities in a range of industries in Iceland. The firm has also advised its longest-standing clients in relation to M&A as well as their more routine business transactions, outside Iceland.

Banking and finance: LOGOS is highly regarded for its performance in the banking and finance arena. The firm acts for a mix of domestic and international financial institutions as well as for corporate borrowers, providing high-quality advice on domestic and cross-border financing and securitisation, as well as regulatory advice.

Corporate finance and capital markets: with unrivalled experience in this field, LOGOS lawyers have advised a broad range of investors, including investment funds, pension funds and international investors. The firm advises on financing options, securities trading, loan agreements, banking and stock exchange matters, and has been involved in most of the biggest stock market listings and public M&A deals in Iceland to date.

M&A and corporate law: LOGOS advises a diverse range of clients operating across all industries.

Competition: a strong and highly regarded team advises on antitrust issues, including merger activity, an area of particular scrutiny in a small economy like Iceland. LOGOS has also been working on many cases in a related field, namely private enforcement relating to competition cases.

Employment and benefits: LOGOS provides practical employment and pensions law advice and support to corporates and employers, for example in creating syndicate agreements and employment contracts, and by representing clients in disputes with employees and other organisations.

Energy: with vast reserves of geothermal and hydropower energy, Iceland has attracted considerable inward investment and LOGOS has worked for most of the international corporations or financial institutions supporting these projects.

Financial restructuring: LOGOS has successfully advised a diverse range of clients on various restructuring projects, including creditors of Icelandic banks, private equity houses and other firms.

Insurance and tort: a specialised tort and insurance law team at LOGOS offers legal advice, representation and interest protection to its insurance company clients.

IP/IT and telecommunications: the field of intellectual property, information technology and telecommunications is one of LOGOS’ main strengths, and the same applies to data protection.

Litigation and arbitration: LOGOS undertakes all forms of dispute resolution, including complex multi-jurisdictional litigation and arbitration.

Property and real estate: LOGOS regularly acts on acquisitions and disposals of property portfolios, as well as dealing with construction issues arising from new-build projects.

Tax: the LOGOS tax team has unparalleled experience in the market and works on a wide range of matters for investors.

Maritime and transport: in the field of maritime law, LOGOS advises on matters relating to contracts of carriage, bills of lading, charter parties, freight forwarding, shipbuilding contracts, personal injury, cargo claims and cargo and hull insurance.

Department Name Email Telephone
Banking and finance Ottar Palsson
Banking and finance Thorolfur Jonsson
Capital markets Benedikt Egill Arnason
Capital markets Gudbjorg Helga Hjartardottir
Competition Gunnar Sturluson
Competition Helga Ottarsdottir
Construction Erlendur Gislason
Construction Hjordis Halldorsdottir
Contracts Aslaug Bjorgvinsdottir
Contracts Gunnar Sturluson
Corporate finance Gudbjorg Helga Hjartardottir
Corporate finance Gudmundur J Oddsson
Insolvency Olafur Arinbjorn Sigurdsson
Insolvency Heidar Asberg Atlason
Insurance Einar Baldvin Axelsson
Insurance Olafur Eiriksson
IP/IT Hjordis Halldorsdottir
IP/IT Ragnar Tomas Arnason
Labour Olafur Eiriksson
Litigation (civil) Heidar Asberg Atlason
Litigation (civil) Olafur Eiriksson
M&A Benedikt Egill Arnason
M&A Thorolfur Jonsson
Litigation (criminal) Helga Melkorka Ottarsdottir
Litigation (criminal) Ottar Palsson
Restructuring Bjarnfredur Olafsson
Restructuring Olafur Arinbjorn Sigurdsson
Transport Einar Axelsson
Transport Erlendur Gíslason
Tax Jon Elvar Gudmundsson
Tax Bjarnfredur Olafsson
Photo Name Position Profile
Mr Benedikt Egill Arnason  photo Mr Benedikt Egill Arnason
Mr Ragnar Tomas Arnason  photo Mr Ragnar Tomas Arnason
Mr Hrafnkell Asgeirsson  photo Mr Hrafnkell Asgeirsson
Mr Heidar Asberg Atlason  photo Mr Heidar Asberg Atlason
Mrs Aslaug Bjorgvinsdottir  photo Mrs Aslaug Bjorgvinsdottir
Mr Sigurbjorn Bernhard Edvardsson  photo Mr Sigurbjorn Bernhard Edvardsson
Mr Olafur Eiriksson  photo Mr Olafur Eiriksson
Ms Linda Iris Emilsdottir  photo Ms Linda Iris Emilsdottir
Ms Kristin Edda Frimannsdottir  photo Ms Kristin Edda Frimannsdottir
Mrs Aldis Geirdal Sverrisdottir  photo Mrs Aldis Geirdal Sverrisdottir
Mr Erlendur Gislason  photo Mr Erlendur Gislason
Mr Jon Elvar Gudmundsson  photo Mr Jon Elvar Gudmundsson
Ms Katla Lovisa Gunnarsdottir  photo Ms Katla Lovisa Gunnarsdottir
Mrs Hjordis Halldorsdottir  photo Mrs Hjordis Halldorsdottir
Mr Halldor Brynjar Halldorsson  photo Mr Halldor Brynjar Halldorsson
Ms Gudbjorg Helga Hjartardottir  photo Ms Gudbjorg Helga Hjartardottir
Mrs Steinlaug Hognadottir  photo Mrs Steinlaug Hognadottir
Mr Fannar Freyr Ivarsson  photo Mr Fannar Freyr Ivarsson
Mr Kristofer Jonasson  photo Mr Kristofer Jonasson
Mr Thorolfur Jonsson  photo Mr Thorolfur Jonsson
Mr Gunnar Jonsson  photo Mr Gunnar Jonsson
Mr Elvar Jonsson  photo Mr Elvar Jonsson
Ms Helga Hronn Karlsdottir  photo Ms Helga Hronn Karlsdottir
Ms Erna Leifsdottir  photo Ms Erna Leifsdottir
Mr Bjarnfredur Olafsson  photo Mr Bjarnfredur Olafsson
Mr Hlynur Olafsson  photo Mr Hlynur Olafsson
Mr Bjarki Olafsson  photo Mr Bjarki Olafsson
Mrs Helga Ottarsdottir  photo Mrs Helga Ottarsdottir
Ms Yr Sigurdardottir  photo Ms Yr Sigurdardottir
Mr Olafur Arinbjorn Sigurdsson  photo Mr Olafur Arinbjorn Sigurdsson
Mr Freyr Snaebjornsson  photo Mr Freyr Snaebjornsson
Mr Gunnar Sturluson  photo Mr Gunnar Sturluson
Mr Vilhjalmur Herrera Thorisson  photo Mr Vilhjalmur Herrera Thorisson
Mr Tomas Aron Viggosson  photo Mr Tomas Aron Viggosson
Number of lawyers : 54
Danish
English
French
German
Italian
Norwegian
Spanish
Swedish
Lex Mundi
Contacts : Thorolfur Jonsson (managing partner)
Contacts : Gudmundur Oddsson (head of London office)
Other offices : London

When it comes to human resources LOGOS appreciates diversity. The firm boasts of a diverse group of a strong, hard working and interesting employees who are determined and ambitious in their work. Our goal is to create a working environment where everyone has the chance to grow and prosper in their work and where there is space for different personalities.

LOGOS puts emphasis on continuing professional development and encourages employees to increase their knowledge and skills by attending courses, seminars and conferences. Employees are also diligent in sharing information, knowledge and experience within the firm.

LOGOS is a family friendly workplace. The aim of a family friendly workplace is to minimise the negative effects of pressure from work and increase flexibility, which makes the employees more capable of handling the demands of both work and family.