Mr Gunnar Thor Thorarinsson > BBA//Fjeldco > Reykjavik, Iceland > Lawyer Profile

BBA//Fjeldco
HÖFÐATORGI
19 FLOOR
105 REYKJAVÍK
Iceland

Work Department

Corporate & Commercial Law - Mergers & Acquisitions - Restructuring & Insolvency

Position

Partner & Head of London Office

Career

Gunnar Thor Thorarinsson is an Icelandic lawyer with an LLM degree from the London School of Economics, dually qualified to practice in Iceland and England. He specialises in banking and finance, corporate finance and capital markets, corporate law, financial restructuring and insolvency, M&A, and energy law.

Gunnar advised international clients in relation to investments in Iceland, in recent years most notably the bondholder groups of the failed Icelandic banks in relation to the restructuring of the Icelandic financial system, directly participating in negotiations between the international creditors of the estates of the banks and the Icelandic authorities, representing holders of claims of up to EUR 20 billion, securing the successful settlement of the old banks late 2015. Gunnar has since continued to act for various international investors in relation to their investments in Iceland as well as Icelandic investors looking to invest abroad. Most recently, Gunnar has acted for international funds in relation to the financing of a take-over bid of a listed company in Iceland, mezzanine financing for the construction of Marriott Edition in Reykjavik, and bond issuance of an Icelandic pharmaceutical company.

PRACTICE AREA
  • Corporate law
  • Mergers & acquisitions
  • Corporate investments
  • Insolvency law
  • Contract law
  • Administrative law
  • White collar crime

Languages

Icelandic, English

Memberships

Icelandic Bar Association

Law Society of England & Wales

IBA (International Bar Association)

 

Education

Solicitor in England and Wales, 2011

Registered European Lawyer, 2009

London School of Economics and Political Science, LL.M. in Corporate law, 2008

District Court Attorney, 2002

University of Iceland, cand. jur., 2001

University of Copenhagen, Nordplus Scholar, 2001

Lawyer Rankings

Iceland > Banking, finance and capital markets

BBA//Fjeldco covers all areas of banking and finance, with a strong reputation for handling complex financings, including those involving multijurisdictional elements. The group contains a number of lawyers qualified in England and Wales in addition to Iceland, facilitating sophisticated guidance on cross-border matters. Bjarki Diego covers a broad range of M&A, capital markets, and finance deals, and co-leads the department alongside managing partner Halldór Karl Halldórsson, whose areas of expertise include corporate financings and investments, securities issues, competition law, and bankruptcy and restructuring work. Also key are highly experienced founding partner Ásgeir Ragnarsson, who advises prestige international clients on a spectrum of corporate and commercial matters, and Gunnar Thor Thorarinsson, who leads the London office. Stefán Reykjalín, who made partner in early 2023, is also a key name to note.

Iceland > Restructuring and insolvency

BBA//Fjeldco is recognised for its strength in complex cross-border insolvencies and restructurings, with a track record in advising leading domestic and international banks and corporate clients. The department covers both contentious and non-contentious matters, and works closely with the firm’s London office. Einar Baldvin Árnason co-leads the department alongside Gunnar Thor Thorarinsson; Árnason specialises in restructuring projects and has experience across the financial, retail, and aviation sectors, while Thorarinsson, who is dual-qualified in Iceland and the UK, is a key contact for international clients with investments in Iceland. Baldvin Björn Haraldsson has strength in restructuring work, particularly in the energy sector.