Mr Gudmundur Ingvi Sigurdsson > Lex Law Offices > Reykjavik, Iceland > Lawyer Profile

Praised for its ‘superb knowledge of banking, finance and capital markets’, Lex Law Offices counts domestic and international financial institutions among its key list of clients, including Landsbankinn and Síldarvinnslan; the team assisted the latter during its listing on the OMX Nasdaq market. The practice advises clients on derivatives, structured finance and refinancing matters, and acts for issuers of both debt and equity instruments. Team leader Olafur Haraldsson specialises in corporate financing work, while Gudmundur Ingvi Sigurdsson focuses on debt restructuring mandates and the ‘meticulous’ Stefan Orri Olafsson advises listed companies on the disclosure requirements for regulated securities markets.

Lex Law Offices frequently leverages the firm’s full-service capability to provide ‘sustainable, hands-on solutions’ to high-end transactions, from M&A projects and international investments in Iceland to corporate structuring, financing and restructuring matters. Key clients include domestic companies and start-ups, particularly in the telecoms and IT sectors, and multinational corporations including Costco Wholesale Corporation. Gudmundur Ingvi Sigurdsson, who specialises in corporate finance and debt restructurings, jointly heads up the practice alongside managing partner Orn Gunnarsson, who focuses on share capital transactions. Gardar Vidir Gunnarsson handles corporate tax mandates and is another key member of the team.

Praised for its ‘deep understanding and experience’, the team at Lex Law Offices excels in handling bankruptcy proceedings and financial restructurings, acting as both court-appointed liquidators and legal advisers. Elsewhere, the practice group is acting as outside counsel for a group of 40 bondholders against the airline Wow Air in its €50m insolvency proceedings. Practice co-leader Thorhallur Bergmann is noted for his experience in bankruptcy cases, while ‘sharp’ team co-leader Gudmundur Ingvi Sigurdsson has a track record in financial restructurings. Newly promoted partner Birgir Mar Bjornsson also assists in leading the team and Arnar Thor Stefansson is another key contact.