LOGOS > Reykjavik, Iceland > Firm Profile

LOGOS
EFSTALEITI 5
103 REYKJAVIK
Iceland

Iceland > Banking, finance and capital markets Tier 1

LOGOS remains a pre-eminent domestic firm for banking, finance and capital markets mandates. The team specialises in work across both high-end capital markets issues and regulatory matters regarding funding and borrowing. In terms of significant clients, the firm's roster spans both domestic and international financial institutions: Arion Bank, Landsbankinn, Citigroup and Goldman Sachs are key examples. Team co-head Óttar Pálsson specialises in M&A-related work and his practice has recently focused on acting as local counsel for international firms on Icelandic matters; in 2022, he led on a cross-border merger by way of acquisition. Fellow co-head Thórólfur Jónsson focuses on securities regulations and banking mandates.

Practice head(s):

Óttar Pálsson; Thórólfur Jónsson

Other key lawyers:

Benedikt Egill Árnason; Guðbjörg Helga Hjartardóttir

Testimonials

‘They are a very seasoned team of talented people, headed by Óttar Pálsson. They provide valuable advice during deal-making and provide professional communication. Their project management and consistent quality of final product stand out.’

‘Óttar Pálsson is one of a kind when it comes to banking and finance in Iceland. As a former banker, an avid transactional lawyer and highly respected litigator, he brings a unique perspective, valuable insight and consistent results to the table. He is highly sought after by banks and parties on both the sell and buy side in larger transactions.’

‘The team comprises of excellent individuals who have good knowledge and expertise.’

‘Logos have a broad and competent depth of personnel. Our companies operations span a wide range of businesses within the same industry and often requires very different kinds of legal and advisory counsel. Logos have proven to have the right person with their dedicated skill set for the task every time, and on the spot.’

‘Logos have proven to always be at your service. They respond quickly, well and immediately find the right person, with the right skill set, to meet your needs. I have worked with Benedikt Egill Árnason who has proven to possess a second-to-none mindset that you can trust and lean on.’

‘LOGOS has been involved in most of the important transactions taking place in Iceland and has extensive experience in all manner of finance related transactions.’

‘I work most often with Benedikt Egill Árnason who is one of the best lawyers I have ever worked with in my nearly 40 years as a lawyer, both in America and in Iceland. He is smart, thoughtful and eminently capable.’

Key clients

Arion Bank

Kaupthing Bank

Goldman Sachs International

Deutsche Bank

Alfa Framtak

Crowberry Capital

Marel

Landsnet

Landsvirkjun

Icelandair

Novator Partners LLP

Verne Global Data Centres

Origo

New Business Venture Fund

Kerecis

Vordur Insurance

Ministry of Industry and Innovation

Frumtak Ventures

Eyrir Ventures

Morgan Stanley

Laxar eignarhaldsfelag

Laxar Fiskeldi

Icelandic State Financial Investments

Nordural Grundartangi

Archer Norge

Sidekick Health

Islensk verdbref

Work highlights

  • Advised Citigroup, JP Morgan and Islandsbanki, as joint global coordinators on Islandsbanki’s IPO, subsequently advising the Iceland State Financial Investment on a further sale of Islandsbanki shares through an accelerated bookbuild.
  • Advised Arion bank on the financing of Heimstaden, an Icelandic subsidiary of a European residential real estate investor and manager.
  • Advised the shareholders of Laxar fiskeldi as sellers on a cross-border merger with Ice Fish Farm, a company listed on the Oslo Stock Exchange.

Iceland > Commercial, corporate and M&A Tier 1

Corporate, commercial and M&A remains a core focus at LOGOS, offering clients a full-service across all aspects of the sectors. Large scale M&A transactions is a key discipline of the ‘highly skilled team’, on which the team act for market-leading domestic and international firms including Origo, Arion Bank and Siminn. The group acted on a seller-side mandate to advise the latter on an acquisition by private investment fund, Arian – one of the largest M&A transactions in Icelandic history. The practice is jointly headed by three practitioners: Benedikt Egill Árnason who acts for leading corporate clients and private equity firms, M&A and restructurings specialist Guðbjörg Helga Hjartardóttir, and dual-qualified partner Guðmundur Oddsson who has headed the London office since 2006. Thórólfur Jónsson is also recommended and regularly handles corporate restructurings.

Practice head(s):

Benedikt Egill Árnason; Guðbjörg Helga Hjartardóttir; Guðmundur Oddsson

Other key lawyers:

Thórólfur Jónsson; Óttar Pálsson; Fannar Freyr Ívarsson; Helga Melkorka Óttarsdóttir

Testimonials

‘Óttar Pálsson has good technical knowledge on M&A in Iceland, including on international transactions.’

‘Guðbjörg Helga Hjartardóttir is very good overall on M&A strategy, corporate, and commercial issues, a standout lawyer.’

‘LOGOS provides professional services with a deep knowledge of the Icelandic corporate sector and international business and finance.’

‘The team stands out for its diversity, professionalism and engagement.’

‘Guðbjörg Helga Hjartardóttir has the experience to go into every project and see the big picture and assess the whole situation very quickly. Her work is of high quality work, and her attention to detail is of great value when it comes to finalizing complicated tasks. She is a top lawyer in her field.’

‘The team’s M&A capabilities are exceptional.’

‘Helga Melkorka Óttarsdóttir has a reputation for impeccable professionalism that is hard to beat.’

‘Top notch care from experienced partners with significant depth and knowledge.’

Key clients

Origo

Eimskip

Marel

Kerecis

Ministry of Industry and Innovation

Arion Bank

Landsvirkjun

Icelandair Group

Barclays

Deutsche Bank

Goldman Sachs International

Kvika Bank

Landsnet

Crowberry Capital

Haugen Gruppen Nordic AS

Brim

Vordur Insurance

Climeworks

Frumtak Ventures

Verne Global

Computershare

Blackrock Inc

Morgan Stanley

Orkla ASA

Storytel Sweden

Siminn

Sling

Archer Norge

Sidekick Health

Alfa Framtak

Hintsa Performance Oy

Vex

1912

Qair Energy

Danol

Laxar eignarhaldsfelag

Laxar Fiskeldi

Islandsbanki

Landsbankinn

Novator Partners

Hraunbyggd

Hjallahraun

Work highlights

  • Advised Siminn on the sale of Mila, Iceland’s largest infrastructure, to investment house Ardian.
  • Advised Kerecis in respect to its sale of shares to Kirkbi, the investment company of the Lego family, as well as to other investors, for an aggregate amount of $100m.
  • Advised Citigroup, J.P. Morgan, and Islandsbanki with respect to legal matters in connection with the initial public offering of 35% of the ordinary shares of Islandsbanki.

Iceland > Dispute resolution Tier 1

Dispute resolution is a core tenet at LOGOS, which houses one of the most well-established practices in the domestic market. The team acts at all levels of the court system, including handling cases before the Supreme Court, Court of Appeal, arbitration tribunals as well as the EFTA Court, and counts a substantial number of Supreme Court attorneys among its deep roster of seasoned practitioners. Derivative settlements, set-off claims, cross-border clawbacks, insolvency claims, corporate investigations and criminal and civil liability cases, among others, comprise the team’s core competencies, and the team frequently operates across the construction, maritime, transport and IT sectors. Heiðar Ásberg Atlason heads up the department, focusing on bankruptcy law, restructurings and workouts, including the associated litigation, while Helga Óttarsdóttir and Halldór Brynjar Halldórsson excel in competition litigation and Ólafur Eiríksson has notable experience before the Supreme Court.

Practice head(s):

Heiðar Ásberg Atlason

Other key lawyers:

Testimonials

‘Strong expertise, trust and reliability. I feel that the project is in the best possible hands.’

‘Apart from being very professional, they offer a personalised service, are respondent and flexible. They embrace technology in communication and solutions.’

‘Superb knowledge, flexibility and responsiveness.’

Key clients

Morgan Stanley

Goldman Sachs

Siminn

HSBC Bank

Marel

Deloitte

Eimskipafelag Islands

Arion Bank

Icelandair

Islenskir adalverktakar (IAV)

Laxar fiskeldi

Norvik

Securitas

Landsbankinn

66 North Lux

Kvika Bank

Vordur Insurance

MAST (The Icelandic Food and Veterinary Authority)

Reykjavik Sports Club for Disabled (IFR)

Lyf og heilsa

Árfoss

Jin Shan

Saint Lawrence Aviation Leasing

Avolon/CIT Aerospace

RRPF Engine Leasing

Gylfaflot 2

GF-4

Nestak

Valitor

Estate of Brotafl

Istak

Origo

The Icelandic Visual Art Copyright Association

Work highlights

  • Representing HSBC Milan Branch in litigation valued at more than $30m relating to the winding up process of LBI.
  • Representing Arion Bank, the country’s largest financial institution, in a landmark case concerning variable interests rates in consumer loans.
  • Representing an individual in a case in which the bankrupt estate of an airline claims damages from its directors, as well as its former parent company.

Iceland > EEA and competition Tier 1

The ‘strong team’ of experienced practitioners at LOGOS maintains the group's stellar track record as a premium Icelandic firm in the space, regularly advising on all aspects of complex and challenging mandates. On the competition side, the team’s comprehensive work portfolio largely consists of appearing before competition authorities, providing advisory services regarding dominant market positions and horizontal and vertical agreements, dawn raids, state aid issues, merger control work and private enforcement cases. When it comes to EU and EEA mandates, the group’s workload sees it engaged on matters pertaining to the full suite of issues and frequently acting before the EFTA Surveillance Authority, the European Commission, the EFTA Court and the European Court of Justice. Helga Óttarsdóttir heads up the practice group, receiving support from Gunnar SturlusonHalldór Brynjar Halldórsson, who is recommended for competition litigation, and Vilhjálmur Herrera Þórisson, who is the key name at associate level.

Practice head(s):

Helga Óttarsdóttir; Gunnar Sturluson

Testimonials

‘Strong team with wide range of service field where Halldór Brynjar Halldórsson leads the way.’

‘Halldór Brynjar Halldórsson has been providing high-quality legal services for many years and is always quick to reply and spot on regarding the needs for us as the client.’

‘The LOGOS competition unit is a highly capable team that stands out in the market in terms of knowledge, experience and output.’

‘The lead partners Halldór Brynjar Halldórsson and Helga Óttarsdóttir are extremely good to work with, have both outstanding knowledge of competition law and provide precise and efficient advice. Halldór Brynjar Halldórsson should be mentioned as an exceptional litigator.’

‘Senior associate Vilhjálmur Herrera Þórisson is equally very capable and good in dealing with complex competition issues.’

‘LOGOS have supported us in several EEA and competition issues, they are always the most knowledgeable in this field and it gives positive leverage to have them on your side when dealing with governmental institutions and official teams as they have an impeccable reputation when it comes to those matters.’

‘Helga Óttarsdóttir has deep knowledge of this area both in Iceland and Europe. Her capability also lies in simplifying and putting forward the most important issues of every situation, regardless of how complicated it seems.’

‘Our main contact, Gunnar Sturluson acts as our counsel in legal issues. He is extremely trustworthy, quick to answer any question and focuses on our interests as clients.’

Key clients

Siminn

Norvik

Byko

Valitor

Eimskipafelag Islands

Brim

Olgerdin Egill Skallagrimsson

Icelandair

1912

Origo

Storytel Sweden

Lyf og heilsa

Rio Tinto á Íslandi

Securitas

Marel

Vex

Orkla

Arion Bank

Landsbanki

Islandsbanki

Verkis

Danol

Work highlights

  • Assisting Síminn in correspondence with the Competition Authority concerning the merger notification in connection with the sale of 100% shareholding in Míla ehf.
  • Acted as adviser to Marel, the leading producer of food processing equipment, on its acquisition of Valka, an Icelandic producer of advanced processing solutions for the global fish industry, including on the merger aspects and correspondence with the Competition Authority.
  • Advised Eimskipafelag Islands on a wide-ranging investigation by the Competition Authority.

Iceland > Employment Tier 1

Regarded by clients as the ‘top of the practice area’, the employment and labour team at LOGOS is capable of handling the full suite of employment and labour matters, frequently assisting with complex work including employment contracts, restructurings and disputes between employees and organisations. The team excels in employment-related litigation and has a noteworthy caseload that spans union disputes, contract termination issues, discrimination claims and unfair dismissals, among others. Stand-out names on the firm’s enviable client roster include Google, Arion Bank and international law firms. Supreme Court attorney and pre-eminent labour law practitioner Ólafur Eiríksson leads the team, which also includes Einar Baldvin Axelsson.

Practice head(s):

Ólafur Eiríksson

Other key lawyers:

Testimonials

‘LOGOS boasts a team of hands on and available partners, supported by professional associates. Their ability to respond quickly with reliable information places them at the top of the practice area in the Nordics.’

‘Ólafur Eiríksson combines excellent and relevant advice based on his deep knowledge of employment law and the current state of the employment market.’

‘Very good knowledge of the employment law and regulations. They provide good advice on how to handle difficult employee matters and give practical answers. Exceptional availability – always ready to help immediately.’

‘Availability and clear advice, Ólafur Eiríksson acts as my helpline!’

Key clients

Deloitte

Rio Tinto Iceland

So Tech

Ossur

Verne Global

Siminn

Olgerðin Egill Skallagrimsson

Ripple Labs

Crowberry Capital GP

Bull Hill Capital

Geo Salmo

Hrafnista

Eimskip Island

CRI

Confederation of Icelandic Enterprises

White & Case Los Angeles

Google

Arion Bank

Icelandair

Work highlights

  • Advised Deloitte on various complex employment disputes with previous partners.
  • Advising a large and leading provider of crypto solutions for businesses on a multi-jurisdictional employment-related matter regarding management termination.
  • Representing large and listed companies in cases regarding bullying and harassment, both outside courts as well as in active court cases.

Iceland > Maritime and transport Tier 1

Maritime law specialist and chairman of the Icelandic Maritime Law Association Einar Baldvin Axelsson and aviation and aircraft finance expert Erlendur Gíslason co-lead a team at LOGOS, which stands out for its ‘experience and knowledge in the field’ and undertakes work that spans every aspect of the sector. In the shipping and maritime arena, the group is chiefly instructed on matters pertaining to contract of carriage issues, charterparties, port agency work, salvage claims, ship building contracts and personal injury cases, while also engaging in high-end litigation in the space. On the aviation sector front, the department equally excels, advising on aircraft acquisitions, leasings, financings and mortgage registrations.

Practice head(s):

Einar Baldvin Axelsson; Erlendur Gíslason

Other key lawyers:

Fannar Freyr Ívarsson

Testimonials

‘The team has great experience and knowledge in the field. It is by far the best team for both the local and international markets. Their office in London is also one of the main hubs for maritime law.’

‘Einar Baldvin Axelsson is the most experienced in the team and with his knowledge and broad experience to cross over different industries a well.’

‘Einar Baldvin Axelsson is by far the most capable, experienced and respected maritime lawyer in Iceland.’

‘The best office for maritime law in Iceland.’

‘Einar Baldvin Axelsson has been outstanding in all his work for us, his deep knowledge of maritime law has helped us with handling various matters for so many years.’

‘Professional services with deep knowledge of the Icelandic corporate sector and international business and finance. They are well connected in Iceland, as well as in the global legal and aviation industry. They provide full service on aircraft leasing, financing and aircraft transactions.’

‘Erlendur Gislason is a great lawyer with years of experience in the aviation industry. We have worked with him for many years and have always received top service.’

‘Einar Baldvin Axelsson is almost like an in-house lawyer for our company. Very professional, reliable and quick to reply to all cases. I would always recommend the service of LOGOS with Einar Baldvin Axelsson in the front line. He knows our company very well and understands our needs.’

Key clients

Eimskip Island

TVG-Zimsen

Gara

Vatryggingafelag Islands

Icelandair

The Icelandic Coast Guard

TM tryggingar

The Shipowners P&I club

The Standard Club

Air Atlanta Icelandic

Atlantic Tank Storage

Icelease

Norlandair

Fodurblandan

W.R. Berkley Insurance Nordic

GPG Seafood

Bjorgun

Sjova-Almennar

Vordur tryggingar

Work highlights

  • Reviewing terms and conditions of carriage for Eimskip Island and other Eimskip domestic and foreign subsidiaries.
  • Defended TVG-Zimsen in the District Court of Reykjavík and the Appeals Court on a breach of contract matter and obtained a verdict of no liability and no damages on a claim for alleged delivery of cargo without production of a Bill of Lading.
  • Advised Icelandair ehf., the Icelandic flag carrier, on a series of transactions in the introduction of the Boeing 737MAX 8/9 type aircraft into its fleet.

Iceland > Real estate and construction Tier 1

At LOGOS, project development work, financings and transactions, permit issues, environmental mandates, public procurement processes, real estate insurance claims and litigation constitute the bulk of the team's workload. Fielding an experienced team, capable of handling both domestic and cross-border work, the group provides advice at every stage of the construction process to major Icelandic construction companies, including Istak and the Government Construction Contracting Agency. Practice group head and Supreme Court attorney Hjördís Halldórsdóttir regards construction and public procurement work among her specialisms; she is supported by experienced practitioners Erlendur Gíslason and Benedikt Egill Árnason.

Practice head(s):

Hjördís Halldórsdóttir

Testimonials

‘They are quick to react and work fast, they are responsible in working practices and have extensive knowledge of the environment of construction contractors.’

‘The lawyers we have worked with are well educated and are specialised in the laws and court cases they work on.’

‘We often need answers very fast and they are able to do that. I sometimes give the task with predefined time they may use on the issue and that is never any problem.’

‘Benedikt Egill Árnason has become a trusted partner to our management team. He has excellent knowledge and connects us with the relevant lawyers for any project or issue we might need to be addressed. He has an excellent ability to analyse and meet any need with understanding and appropriate responses. A great partner to work with!’

Key clients

Islenskir adalverktakar

Nordural Grundartangi

Rio Tinto Iceland

Jardboranir

Iceland Drilling

Icelandair Group

Landsnet

Munck Island

Istak

NewCo

Nestak

Framkvaemdafelagid Arnarhvoll

Eignarhaldsfelagid Hornsteinn

B.M. Valla

Byggingafelagid Bakki

Bjorgun

Hlaðbær Colas

Hraunbyggd

Sementsverksmidjan

BS eignir

Government Construction Contracting Agency

Hraunbyggd

Hjallahraun 4

Klasi

Gylfaflot 2

Qair Energy

Geo salmo

Dreisam

Adira

Work highlights

  • Advised Istak and its subsidiary on the procurement process for the implementation and financing of a public private partnership road.
  • Advised Framkvaemdafelagid Arnarhvoll in respect to the construction of commercial and residential real estate on six land plots.
  • Advised Geo salmo on negotiations with leading Norwegian aquaculture contractor regarding a $175m land-based salmon farming development and construction project.

Iceland > Restructuring and insolvency Tier 1

The ‘user-friendly team’ at LOGOS is ‘very experienced’ in the area of financial restructurings, bankruptcies and insolvency proceedings, frequently acting on behalf of businesses, major financial institutions and private individuals on a range of matters including bankruptcies, payment suspensions, negotiations and the implementation of arrangements with creditors. Work on behalf of creditors of insolvent estates and distressed enterprises, alongside mandatory set-offs and company liquidations are further focuses of the team. Practice head and Supreme Court attorney Heiðar Ásberg Atlason is well experienced in bankruptcy proceedings. Other key names of note include Ólafur Eiríksson, Ólafur Arinbjörn Sigurðsson and Benedikt Egill Árnason.

Practice head(s):

Heiðar Ásberg Atlason

Testimonials

‘LOGOS has an excellent and very broad practice in Iceland. We found their practitioners to all be of the highest quality and very commercial. They should be the first call for Icelandic work.’

‘Very experienced and user-friendly team.’

‘Heiðar Ásberg Atlason is very experienced, builds strong relationships and offers advice that is both commercial and pragmatic.’

‘Professional work practices and knowledge.’

‘Heiðar Ásberg Atlason is effective in managing his team and keeps in constant communication with colleagues.’

Key clients

Kaupthing

Siminn

Arion Bank

Origo

Landsbankinn

HSBC

Barclays Bank

1912

Frumtak Ventures

Estate of Brotafl

Sjostjarnan

Islenskir adalverktakar

Estate of Aflmot byggingafelag

Estate of Kl2020

Estate of Fashion

Mentis Cura

Landsnet

Estate of Megna

Geislasteinn

Work highlights

  • Supervised the solvent liquidation of Kaupthing that was started in July 2022.
  • Represented HSBC Milan Branch in litigation against LBI in relation to close out of a 1992 ISDA Master Agreement.
  • Advised Siminn in respect to its restructuring through many steps, including its refinancing from Arion Bank and entrance into a share purchase agreement with Ardian.

Iceland > Tax Tier 1

The ‘outstanding team’ at LOGOS is notable in the domestic market for its variety of tax services, ranging from handling cross-border outbound investment work and complex restructurings, to advising on the tax implications for high-end transactions and handling tax disputes before the Icelandic tax authorities and at all three levels of the domestic courts. The team counts Deutsche Bank and Kvika Bank among its client base. Tax partner Jón Elvar Guðmundsson is highly experienced in tax litigation and provides advice on large-scale transactions. He jointly leads the tax practice group in conjunction Bjarnfreður Ólafsson, who has extensive knowledge and experience of VAT law in Iceland.

Practice head(s):

Bjarnfreður Ólafsson; Jón Elvar Guðmundsson

Testimonials

‘The overall team and their knowledge is exceptional and very professional.’

‘I have mostly worked with Bjarnferður Ólafsson. He is a stand-out professional, has been very open minded in our dealings and is always available for consultation.’

We have nothing but good things to say about Bjarnfreður Ólafsson. He knows the system very well and did well to always inform us on what to be expected. He managed to get good results for us in a difficult case.’

‘Bjarnfreður Ólafsson is an exceptional lawyer.’

‘Bjarnferður Ólafsson is without a doubt the best tax lawyer in Iceland. His field of expertise is extensive and his experience unique. Not only does he have great knowledge of the tax framework in Iceland, but also well experienced and with good knowledge of the tax framework in Europe and the UK in general.’

‘LOGOS has extensive in-depth knowledge of international taxation and how it relates to the domestic legislation in Iceland, including the tax treaties. I do not believe that any other firm has accumulated this level of experience in this field. The service is efficient and to the point. Highly recommended.’

‘Outstanding team with a wide range of legal knowledge.’

‘Jón Elvar Guðmundsson has a deep understanding of the tax code whilst being pragmatic and knowledgeable of the corporate environment.’

Key clients

Kvika Bank

CCP

Foodco

AEX Gold

Adira

Deutsche Bank

Elkem Iceland

Rio Tinto Iceland

Nordural ehf. (Century Aluminium)

Sling

ALMC

Sigur Ros

115 Security

Summa Asset Management

Sealaska

New England Seafood International

Hrolfur Sumarlidason

Work highlights

  • Litigated a criminal tax evasion case against the four members of the international music band, Sigur Ros.
  • Litigated a dispute for Elkem Iceland with the Icelandic state on the deductibility of interest costs deriving from intra group financing.

Iceland > TMT and IP Tier 1

LOGOS is frequently instructed on a broad spectrum of IP and TMT matters, handling both contentious and non-contentious work including all forms of contracts, sizeable transactions and disputes. Patent litigation is an area of focus for the group with demonstrable experience appearing before the Supreme Court of Iceland, and expertise in trade mark disputes before the Icelandic Intellectual Property Office. The group also continues to strengthen its IT expertise and handles data processing agreements, privacy policies, data mapping agreements, international data transfer agreements and binding corporate rules work, among others. Hjördís Halldórsdóttir leads the team, receiving support from Áslaug Björgvinsdóttir and Árni Vilhjálmsson.

Practice head(s):

Hjördís Halldórsdóttir

Testimonials

‘Áslaug Björgvinsdóttir is an expert in her field of law and highly professional to work with. Áslaug has shown broad and deep understanding of the data privacy and data protection practice within Europe.’

‘LOGOS is a high end Icelandic firm when it comes to legal counsel in the field of privacy (GDPR). The team is reliable, diverse and up to date on the highest standards.’

‘Áslaug Björgvinsdóttir remains consistently reliable in her swift response when needed, provides excellent counsel and is a professional collaborator with a strong social ability.’

‘Quality of the service is of the highest standard in Iceland and, according to my experience working in a company with international presence and operations, fully comparable to top tier international law firms. Reliable expert advice from experienced lawyers who understand the practical business aspect.’

‘Áslaug Björgvinsdóttir is an outstanding IP and TMT lawyer and has been my go-to external counsel on IP, software and data-protection related issues for many years, both for Icelandic as well as international issues. Áslaug is extremely professional in her approach and has proven to be a reliable expert, a good communicator, always on top of new developments in the field and understands the commercial side.’

‘We worked with Áslaug Björgvinsdóttir. She is an exceptional lawyer, especially in subjects regarding copyright. She is quick to immerse herself in a subject and become well versed in it. She has a passion for what she does, which is beneficial to the client. She is a fantastic litigator and is always well prepared.’

Key clients

Sidekick Health

Siminn

Arion Bank

Marel

The Icelandic Visual Art Copyright Association

Origo

CCP

Bayer Intellectual Property

Thjodleikhusid

Landsnet

Sigur Ros

Northern Lights

Timatal

Verne Holdings

The Icelandic Broadcasting Service

Sensa

Work highlights

  • Represented Siminn hf. in a high-value court case regarding the distribution of several Nordic television stations.
  • Advising Siminn in connection with its sale of 100% shareholding in Mila to investment house Ardian.
  • Represented the Icelandic Visual Art Copyright Association in arbitration proceedings between all members of IHM, a joint copyright organisation for authors, performers and producers.

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 provides legal advice and assistance on all aspects of purchasing and selling companies and businesses, often with a cross-border element. The firm  advises on both public and private mergers and acquisitions and advises buyers, sellers and lenders.

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.

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.

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.

Department Name Email Telephone
Banking and finance Ottar Palsson ottar@logos.is +354 540 0300
Banking and finance Thorolfur Jonsson thorolfur@logos.is +354 540 0300
Capital markets Benedikt Egill Arnason benediktegill@logos.is +354 540 0300
Capital markets Gudbjorg Helga Hjartardottir gudbjorg@logos.is +354 540 0300
Competition Gunnar Sturluson gunnar@logos.is +354 540 0300
Competition Helga Ottarsdottir helga@logos.is +354 540 0300
Construction Erlendur Gislason erlendur@logos.is +354 540 0300
Construction Hjordis Halldorsdottir hjordis@logos.is +354 540 0300
Contracts Aslaug Bjorgvinsdottir aslaug@logos.is +354 540 0300
Contracts Gunnar Sturluson gunnar@logos.is +354 540 0300
Corporate finance Gudbjorg Helga Hjartardottir gudbjorg@logos.is +354 540 0300
Corporate finance Freyr Snaebjornsson freyr@logos.is +354 540 0300
Energy Benedikt Egill Arnason benediktegill@logos.is +354 540 0300
Energy Helga Ottarsdottir helga@logos.is +354 540 0300
Insolvency Olafur Arinbjorn Sigurdsson olafurarinbjorn@logos.is +354 540 0300
Insolvency Heidar Asberg Atlason heidar@logos.is +354 540 0300
Insurance Einar Baldvin Axelsson einarbaldvin@logos.is +354 540 0300
Insurance Olafur Eiriksson oe@logos.is +354 540 0300
IP/IT Hjordis Halldorsdottir hjordis@logos.is +354 540 0300
IP/IT Aslaug Bjorgvinsdottir aslaug@logos.is +354 540 0300
Labour Olafur Eiriksson oe@logos.is +354 540 0300
Litigation (civil) Heidar Asberg Atlason heidar@logos.is +354 540 0300
Litigation (civil) Olafur Eiriksson oe@logos.is +354 540 0300
M&A Benedikt Egill Arnason benediktegill@logos.is +354 540 0300
M&A Thorolfur Jonsson thorolfur@logos.is +354 540 0300
Litigation (criminal) Helga Ottarsdottir helga@logos.is +354 540 0300
Litigation (criminal) Ottar Palsson ottar@logos.is +354 540 0300
Restructuring Bjarnfredur Olafsson bjarnfredur@logos.is +354 540 0300
Restructuring Olafur Arinbjorn Sigurdsson olafurarinbjorn@logos.is +354 540 0300
Transport Einar Baldvin Axelsson einarbaldvin@logos.is +354 540 0300
Transport Erlendur Gislason erlendur@logos.is +354 540 0300
Tax Jon Elvar Gudmundsson jonelvar@logos.is +354 540 0300
Tax Bjarnfredur Olafsson bjarnfredur@logos.is +354 540 0300
Photo Name Position Profile
Haraldur Andrew Aikman photo Mr Haraldur Andrew Aikman Associate
Maren Albertsdottir photo Ms Maren Albertsdottir Senior Associate
Elva Thora Arnardottir photo Ms Elva Thora Arnardottir Associate
Benedikt Egill Arnason photo Mr Benedikt Egill Arnason Managing Partner
Heidar Asberg Atlason photo Mr Heidar Asberg Atlason Partner
Svanhvit Axelsdottir photo Ms Svanhvit Axelsdottir Senior Associate
Einar Baldvin Axelsson photo Mr Einar Baldvin Axelsson Partner
Aslaug Bjorgvinsdottir photo Mrs Aslaug Bjorgvinsdottir Partner
Shea Cadogan photo Mr Shea Cadogan Associate
Olafur Eiriksson photo Mr Olafur Eiriksson Partner
Kristin Edda Frimannsdottir photo Ms Kristin Edda Frimannsdottir Associate
Erlendur Gislason photo Mr Erlendur Gislason Partner
Jon Elvar Gudmundsson photo Mr Jon Elvar Gudmundsson Partner
Katla Lovisa Gunnarsdottir photo Mrs Katla Lovisa Gunnarsdottir Senior Associate
Hjordis Halldorsdottir photo Mrs Hjordis Halldorsdottir Partner
Halldor Brynjar Halldorsson photo Mr Halldor Brynjar Halldorsson Partner
Jona Vestfjord Hannesdottir photo Mrs Jona Vestfjord Hannesdottir Associate
Arnar Sveinn Hardarson photo Mr Arnar Sveinn Hardarson Associate
Birgir Olafur Helgason photo Mr Birgir Olafur Helgason Associate
Gudbjorg Helga Hjartardottir photo Mrs Gudbjorg Helga Hjartardottir Partner
Fannar Freyr Ivarsson photo Mr Fannar Freyr Ivarsson Partner
Kristofer Jonasson photo Mr Kristofer Jonasson Senior Associate
Gudjon Andri Jonsson photo Mr Gudjon Andri Jonsson Associate
Thorolfur Jonsson photo Mr Thorolfur Jonsson Partner
Elvar Jonsson photo Mr Elvar Jonsson Senior Associate
Gunnar Jonsson photo Mr Gunnar Jonsson Senior Associate
Erna Leifsdottir photo Ms Erna Leifsdottir Associate
Bjarki Mar Magnusson photo Mr Bjarki Mar Magnusson Associate
Gabriela Markusdottir photo Ms Gabriela Markusdottir Associate
Stephen McNeill photo Mr Stephen McNeill Partner
Bjarnfredur Olafsson photo Mr Bjarnfredur Olafsson Partner
Hlynur Olafsson photo Mr Hlynur Olafsson Partner, Head of London Office
Bjarki Olafsson photo Mr Bjarki Olafsson Senior Associate
Helga Ottarsdottir photo Mrs Helga Ottarsdottir Partner
Ottar Palsson photo Mr Ottar Palsson Partner
Yr Sigurdardottir photo Ms Yr Sigurdardottir Senior Associate
Olafur Arinbjorn Sigurdsson photo Mr Olafur Arinbjorn Sigurdsson Partner
Freyr Snaebjornsson photo Mr Freyr Snaebjornsson Partner
Gunnar Sturluson photo Mr Gunnar Sturluson Partner
Vilhjalmur Herrera Thorisson photo Mr Vilhjalmur Herrera Thorisson Senior Associate
Gunnar Smari Thorsteinsson photo Mr Gunnar Smari Thorsteinsson Associate
Arni Vilhjalmsson photo Mr Arni Vilhjalmsson Counsel
Number of partners : 20
Number of other lawyers : 36
Icelandic
English
Danish
French
German
Italian
Spanish
Norwegian
Swedish
Lex Mundi
Contacts : Benedikt Egill Arnason, Managing Partner (benediktegill@logos.is)
Contacts : Hlynur Ólafsson, Head of London Office (hlynur.olafsson@logoslegalservices.com)
Other offices : London (logos@logoslegalservices.com)

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.

ICELAND

LOGOS is the largest law firm in Iceland. It advises numerous domestic and foreign companies on all aspects of corporate law, from the establishment of a company to its dissolution.

As a full-service premier law firm, with a dedicated team of employees working together to provide quality services for our clients and over 50 attorneys covering a broad range of practice areas, we can put together the team that best matches our clients’ needs in any situation. The competitive edge of the firm is the result of the systematic recruitment of Iceland’s finest legal talent and continued investment in training and development. LOGOS’ success is rooted in passionate commitment to our clients, as well as providing high-quality legal advice and services.

LOGOS has an outstanding track record in assisting clients in utilizing the ever-changing opportunities in a range of industries.

The firm has long standing experience in international corporate work, finance and M&A, aviation, shipping and regulatory matters such as competition law and tax, and both domestic tax and international tax restructuring. Through our 100-year history, we have built up international experience and work with leading law firms all over the world.

The experience and stability that we have gained over the years has allowed us to rapidly adapt to today’s business environment and will serve as a solid foundation to confront the challenges ahead.