BBA//Fjeldco > Reykjavik, Iceland > Firm Profile

BBA//Fjeldco > The Legal 500 Rankings

Iceland > Banking, finance and capital markets Tier 1

BBA//Fjeldco has demonstrable experience in the banking, finance and capital markets arenas, with a first-class track record in handling complex financial restructurings on behalf of major banks and financial institutions; the team counts Islandsbanki, JP Morgan and Barclays among its extensive client roster. Other core disciplines for the group encompass providing advisory services regarding capital raisings and public listings, creating complex financial strategies for M&A transactions, and handling reorganisation projects. Bjarki Diego has substantial experience in the space and lends his expertise to high-end M&A and capital financing transactions. He acts as practice co-head alongside Halldór Karl Halldórsson, who has been active on cross-border financing matters. Founding partner Ásgeir Ragnarsson is another important contact in the department, frequently representing the firm's top-end clients, while senior associate Stefán Reykjalín is a key name for regulatory, fintech and cryptocurrency mandates.

Iceland > Commercial, corporate and M&A Tier 1

The sizeable commercial, corporate and M&A team fielded by BBA//Fjeldco is comprised of highly qualified and specialised practitioners, and is regularly instructed on the full spectrum of complex, cross-border matters. The team has a demonstrably strong track record in large-scale M&A transactions, handling both sell and buy-side mandates on behalf of major financial institutions, high-profile domestic corporations, and start-ups operating out of Iceland. Halldór Karl Halldórsson specialises in high-end M&A transactions and jointly leads the practice group alongside Einar Baldvin Árnason. Elsewhere in the department, Baldvin Björn Haraldsson, Bjarki Diego and founding partner Ásgeir Ragnarsson are other key ports of call.

Iceland > Restructuring and insolvency Tier 1

BBA//Fjeldco has a demonstrably strong track record in the insolvency and restructuring of financial undertakings, both at a domestic and cross-border level throughout the EEA, and remains equally adept on both transactional and contentious work in the space, specialising in corporate restructurings, workouts and insolvency matters. Practice co-head Einar Baldvin Árnason has seen active involvement in large-scale restructuring projects relating to financial institutions, retail corporations, airlines and oil companies, with fellow co-head Gunnar Thor Thorarinsson focuses on corporate law and handles general financial restructurings and insolvencies. Thorir Júlíusson is another key point of contact within the practice group.

Iceland > Tax Tier 1

Tax is a core practice at BBA//Fjeldco with the team providing comprehensive advice that encompasses both corporate and international tax, VAT issues, tax planning matters, due diligence work, risk management mandates and tax disputes. The team works cross-departmentally to integrate tax services into the firm’s offerings across the board, and is often engaged on a range of tax issues and implications associated with work in other practice areas. Key clients include major Icelandic banks, energy corporations and private equity houses including Kvika bank, Islandsbanki, Arion Bank, Arctic Energy and Stefnir. Practice leader Páll Jóhannesson has experience working for both the Inland Revenue and the Ministry of Finance in Iceland, as well as Kaupthing Bank as deputy head of tax; he excels in tax issues associated with high-end M&A transactions.

Iceland > Dispute resolution Tier 2

BBA//Fjeldco has a robust reputation for commercial litigation including acting in damages, rescission and derivative claims; the group is also frequently instructed on real estate and shareholder disputes, and cross-jurisdictional matters including handling the enforcement of foreign judgements. The practice also excels in arbitration proceedings: team co-head Baldvin Björn Haraldsson acts as vice president of the board of the Nordic Arbitration Centre, while fellow co-head Thorir Júlíusson has expertise in a range of litigation, specifically banking, tort, insurance and contested real estate matters.

Iceland > TMT and IP Tier 3

The IP and TMT practice at BBA//Fjeldco handles a vast range of intellectual property, data protection and technology matters, representing Icelandic and international clients on mandates including issues surrounding the prosecution, registration and cross-border enforcement of rights. Under the stewardship of practice head Haflidi Lárusson, the team has also noted an increase in its work stemming from emerging industries including virtual reality issues, fintech mandates and cloud computing matters.