Firm Profile > Réttur – Adalsteinsson & Partners > Reykjavik, Iceland

Réttur – Adalsteinsson & Partners

Dispute resolution Tier 1

The lawyers at Réttur – Adalsteinsson & Partners are ‘experienced, service oriented and spend time in understanding the detail of the issues in question’, thereby forming ‘an extremely strong team’. The firm places a core emphasis on litigation and represents clients including Commerzbank and BNP Paribas. Highly regarded practice co-head Ragnar Aðalsteinsson represents Guðjón Skarphéðinsson in a widely publicised criminal case concerning the disappearances of Guðmundur Einarsson and Geirfinnur Einarsson. Fellow co-head Sigurður Örn Hilmarsson and Sigrún Ingibjörg Gísladóttir are defending Icelandic Water Holdings in a case concerning the infringement of trade mark rights brought by iGwate before the District Court.

Restructuring and insolvency Tier 2

Réttur – Adalsteinsson & Partners specialises in creditor representation and, particularly, in advising international creditors of Icelandic companies. Sigurður Örn Hilmarsson and Friðrik Ársælsson, who jointly head the department together with Kári Hólmar Ragnarsson, advise international financial institutions on legal issues related to the Icelandic financial collapse. Hilmarsson also successfully led the defence of Raiffeisen Bank International against Kaupthing's rescission claims brought before the Supreme Court. Sigrún Ingibjörg Gísladóttir was promoted to partner.

TMT and IP Tier 2

At Réttur – Adalsteinsson & Partners, Sigríður Rut Júlíusdóttir heads the IP department together with Ragnar Aðalsteinsson. Highlights included acting for the Icelandic Writers’ Association and representing Stundin Publishing in cases concerning free speech and freedom of the media. Sigrún Ingibjörg Gísladóttir is also noted. Other clients include the Icelandic National Symphony Orchestra, the National Theatre and Reykjavík Theatre.

Commercial, corporate and M&A Tier 3

Réttur – Adalsteinsson & Partners assists key client Flux with complex contentious and non-contentious matters pertaining to the termination of a shareholders' agreement, the sale of shares, and corporate governance. Headed by Friðrik Ársælsson, the corporate department also handles general corporate law issues for several financial institutions including BNP Paribas and Commerzbank, among others.

The firm: Réttur traces its origins back to 1969 when Ragnar Aðalsteinsson, one of Iceland’s leading attorneys, started his private practice in Reykjavík. Today, Ragnar’s partners at Réttur include Kári Hólmar Ragnarsson, Sigríður Rut Júlíusdóttir and Sigurður Örn Hilmarsson.

Renowned for its high level of professionalism, ethical standards and efficiency, the firm takes pleasure in giving its clients straightforward legal advice in a timely manner.

Areas of practice: The firm focuses on dispute resolution and has litigated many of the biggest cases in Iceland over the past years and decades, before both Icelandic and international courts.

Following the collapse of the Icelandic banks in October 2008, Réttur has acted for a large number of international companies, banks and investment firms, such as Deutsche Bank, BP, Bayerische Landesbank, Landesbank Baden Württemberg, BNP Paribas and Commerzbank, as well as a large group of international bondholders, co-ordinated by Akin Gump Strauss Hauer & Feld LLP, both in high-stake litigation and advising on insolvency, restructuring and other areas of law.

The attorneys at Réttur have extensive experience providing legal advice on the restructuring of debt, managing bankrupt estates, litigating rescission cases, and other aspects relating to the insolvency of companies, as well as natural persons. Furthermore, the firm’s attorneys have extensive experience advising in relation to the international winding-up proceedings of financial institutions.

Réttur provides legal services in commercial and corporate law, such as the formation and dissolution of legal entities, drafting of contracts, finance, international trade, dispute resolution and debt collections. The projects that Réttur has worked on include the re-financing of Hafnarfjörður Municipality and Reykjavik Energy (Orkuveita Reykjavíkur), and new investments in Icelandic Water Holdings.

Réttur has provided advice on capital controls and currency issues since the implementation of capital controls in Iceland in late 2008. The firm’s attorneys have assisted a vast number of foreign creditors in relation to their investment in Iceland, as well as providing assistance to investors in relation to investments and overseas loans.

The attorneys at Réttur have extensive expertise in the area of intellectual property and trade marks, having successfully worked in those fields for decades. They specialise in the protection of all intellectual property rights such as literature, visual artwork, inventions, scientific research, trade marks and patents. Supreme Court attorney Sigríður Rut Júlíusdóttir, a partner at the firm, is an appointed expert on the Icelandic Copyrights Committee and has extensive experience in the negotiation and litigation of intellectual property rights cases. Réttur has provided advice to the National Theatre of Iceland, the Living Art museum, the Writers Union of Iceland and numerous artists.

Department Name Email Telephone
Constitutional law Ragnar Aðalsteinsson
Constitutional law Sigríður Rut Júlíusdóttir
Commercial and company Kári Hólmar Ragnarsson
Commercial and company Sigurður Örn Hilmarsson
Commercial and company Friðrik Ársælsson
Competition Ragnar Aðalsteinsson
Competition Friðrik Ársælsson
EU/EEA Kári Hólmar Ragnarsson
EU/EEA Sigurður Örn Hilmarsson
Insolvency and restructuring Kári Hólmar Ragnarsson
Insolvency and restructuring Sigurður Örn Hilmarsson
Insolvency and restructuring Friðrik Ársælsson
Immigration Sigríður Rut Júlíusdóttir
Immigration Katrín Oddsdóttir
Intellectual property Sigríður Rut Júlíusdóttir
International human rights Ragnar Aðalsteinsson
International human rights Sigríður Rut Júlíusdóttir
Litigation Kári Hólmar Ragnarsson
Litigation Ragnar Aðalsteinsson
Litigation Sigríður Rut Júlíusdóttir
Litigation Sigurður Örn Hilmarsson
Natural resources and property Ragnar Aðalsteinsson
Natural resources and property Sigurður Örn Hilmarsson
Number of lawyers : 10
Contacts : Kári Hólmar Ragnarsson
Contacts : Sigurður Örn Hilmarsson
Contacts : Sigríður Rut Júlíusdóttir