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SUDURLANDSBRAUT 18, 108 REYKJAVIK, ICELAND
Tel:
Work +354 520 2050
Fax:
Fax +354 552 2050
Email:
Web:
www.advel.is

Iceland

Banking, finance and capital markets
Banking, finance and capital markets - ranked: tier 3

ADVEL Attorneys at Law

The ADVEL Attorneys at Law team represents Arion Bank in a range of complex matters, including in updates and amendments to the bank’s NOK500m bond issuance to the Oslo Stock Exchange in 2013. Practice head Kristinn Hallgrímsson and head of the international team Stefán Þór Ingimarsson are key contacts. Clients include N1, HB Grandi and Advania Group.

Leading individuals

Stefán Þór Ingimarsson - ADVEL Attorneys at Law

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Commercial, corporate and M&A
Commercial, corporate and M&A - ranked: tier 2

ADVEL Attorneys at Law

The ‘outstandingADVEL Attorneys at Law represented Hampidjan in its ISK286m acquisition of VOOT Beita and the cross-border acquisition of Von. Highly regarded practice head Stefán Þór Ingimarssonprofessionally manages relationships with clients and foreign lawyers’. Kristinn Hallgrímsson is also a key contact.

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Dispute resolution
Dispute resolution - ranked: tier 2

ADVEL Attorneys at Law

The team at ADVEL Attorneys at Law, headed by Guðmundur Siemsen, is regarded for its ‘professional approach to coordination and management of cross-border disputes’. It is defending Kaupfelag Skagfirdinga before the District Court in alleged abuse of dominance proceedings. Kristinn Hallgrímsson represents convenience store 10-11 in a dispute concerning the trade mark ‘Inspired by Iceland’ valued at ISK950m. Clients also include Strætó, Vodafone and the Icelandic government.

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EEA and competition
EEA and competition - ranked: tier 2

ADVEL Attorneys at Law

ADVEL Attorneys at Law’s competition practice is instructed by Fjarskipti in a claim for damages of ISK1bn arising from Síminn’s alleged breach of competition law. It is also defending Kaupfelag Skagfirdinga in a case concerning an alleged abuse of a dominant position in the dairy industry. Dóra Sif Tynes has returned to the practice after three years at the EFTA Surveillance Authority.

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Employment
Employment - ranked: tier 1

ADVEL Attorneys at Law

The employment team at ADVEL Attorneys at Law represented the Icelandic government against several unions regarding the legality of strike notices. It also advises Hatch Technologies, Reykjavik Energy, Iceland Seafood International and the Icelandic government on various employment matters. Óskar Norðmann is head of the practice following the departure of Anton Björn Markússon to establish Altus Attorneys alongside Jón Ögmundsson.

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Maritime and transport
Maritime and transport - ranked: tier 2

ADVEL Attorneys at Law

The team at ADVEL Attorneys at Law advises HB Grandi in all aspects of its operations, including preparing and negotiating delivery contracts and in the purchase of four fishing vessels valued at approximately €132m. Clients of the practice, headed by Guðmundur Siemsen, include Samskip, Strætó and XL Airways France.

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Real estate and construction
Real estate and construction - ranked: tier 1

ADVEL Attorneys at Law

The real estate and construction team at ADVEL Attorneys at Law represented Kolufell on the ISK7bn purchase of land in a premier location in Reykjavík harbour and will subsequently act for Mannvit Engineering in the construction of a hotel on the land. Guðmundur Siemsen advises Mannvit on contracts and related documents for geothermal energy work in Ethiopia. Siemsen is the head of the practice following the departure of Telma Halldórsdóttir to an in-house role. Clients also include Silicor Materials plc, Balcke-Dürr and Mannverk.

Leading individuals

Guðmundur Siemsen - ADVEL Attorneys at Law

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Restructuring and insolvency
Restructuring and insolvency - ranked: tier 2

ADVEL Attorneys at Law

ADVEL Attorneys at Law was instructed by Frumherji in refinancing and restructuring matters relating to the takeover of Íslandsbanki, and the later sale of all shares to SKR1. Practice head Kristinn Hallgrímsson advised on the restructuring of Advania and N1. Clients include Dentons, Gámaþjónustan and Hypothekenbank Frankfurt AG.

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TMT and IP
TMT and IP - ranked: tier 2

ADVEL Attorneys at Law

The ‘excellent’ team at ADVEL Attorneys at Law represent Polyhudun both in a trade mark infringement claim and in responding to a claim of voidance of the trade mark before the Icelandic Patent Office. Practice head and senior associate Davíð Orn Sveinbjörnsson is recommended for his knowledge of international IP rights in the pharmaceutical and biotechnology industry. Clients include Bayer, Calor and Sena Entertainment.

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Iceland

Offices in Reykjavik

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