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



Gunnar Thor Thorarinsson
Head of London Office


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.


Icelandica and English


Icelandic Bar Association



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 > Restructuring and insolvency

BBA//Fjeldco advises its roster of clients including Sports Direct, Turkish Development Bank and major Icelandic banks on corporate restructurings, workouts and insolvency matters, both contentious and transactional in nature. ‘Pragmatic’ practitioner Einar Baldvin Árnason, who has experience in advising financial institutions, large retailers, oil companies and airlines on restructuring projects, jointly leads the practice group alongside London-based Gunnar Thor Thorarinsson, whose practice is focused on financial restructuring matters. Thorir Júlíusson and Baldvin Björn Haraldsson are also key members of the team.