Lagahvoll > Reykjavik, Iceland > Firm Profile

Lagahvoll
BANKASTRÆTI 5
101 REYKJAVÍK
Iceland

Iceland > Banking, finance and capital markets Tier 3

Lagahvoll’s caseload includes bond issuances and corporate financing matters, as well as advising its list of corporate clients on the financial aspects of M&A transactions, investments, start-ups and venture agreements. Daði Bjarnason, who is ‘always ready and willing to assist’ banks, brokerage and securities companies with financial and restructuring issues, jointly leads the team alongside Jóhann Tómas Sigurðsson. Key clients include travel tech company Dohop, Félagsbústaðir and Félag eldri borgara og nágrenni.

Practice head(s):

Daði Bjarnason; Jóhann Tómas Sigurðsson

Testimonials

‘Daði Bjarnason is our contact at the firm. He is always ready and willing to assist, always does an excellent job and is someone who you can fully trust and count on.’

‘Really good in understanding the needs of the client and focus on correct targets’

‘Jóhann Tómas Sigurðsson is a really good corporate lawyer and we have used him on several cases regarding buyouts.’

‘Everyone is friendly and welcoming. There are no problems, only solutions and everything runs smoothly. Would easily recommend this firm to anyone who needs a good lawyer within this field.’

‘They act swiftly and are always available.’

Key clients

Dohop ehf.

Félagsbústaðir hf. (Reykjavík Social Housing)

Beka ehf.

Vistbyggð ehf.

Gleðipinnar ehf.

Múlakaffi ehf.

Carbon Iceland ehf.

Félag eldri borgara og nágrenni

Reon ehf.

Work highlights

  • Advising Dohop in relation to financing from a large foreign venture capitalist, Scottish Equity Partners Ltd.
  • Advised Félagsbústaðir on its bond issuances, with the issuances in 2019 and 2020 being the first social bonds issued by a domestic issuer under a Social Bond Framework based on ICMA Social Bond Principles.
  • Advised Gleðipinnar ehf. on its merger with Foodco ehf., creating a food and entertainment company in Iceland worth ISK6bn.

Iceland > Commercial, corporate and M&A Tier 3

Lagahvoll advises its roster of long-standing clients across the retail, food processing, real estate and financial industry sectors, among others, on M&A transactions, investments, start-ups and venture agreements, as well as bond issuances. Also noted for its expertise in crisis management and risk analysis work, the team is jointly led by founding partner Daði Bjarnason, who focuses on financial and restructuring issues, and senior partner Jóhann Tómas Sigurðsson.

Practice head(s):

Daði Bjarnason; Jóhann Tómas Sigurðsson

Testimonials

‘Everyone is friendly and welcoming. There are no problems, only solutions and everything runs smoothly. Would easily recommend this firm to anyone who needs a good lawyer within this field.’

‘Daði Bjarnason is our key contact at the firm. He is always ready and willing to assist, does an excellent job and is someone who you can fully trust and count on.’

Key clients

Dohop ehf.

Félagsbústaðir hf. (Reykjavík Social Housing)

Beka ehf.

Vistbyggð ehf.

Gleðipinnar ehf.

Múlakaffi ehf.

Carbon Iceland ehf.

Félag eldri borgara og nágrenni

Reon ehf.

Work highlights

  • Advising Dohop on its financing from a large foreign venture capitalist, Scottish Equity Partners Ltd.
  • Advised Félagsbústaðir on its bond issuances, with the issuances in 2019 and 2020 being the first social bonds issued by a domestic issuer under a Social Bond Framework based on ICMA Social Bond Principles.
  • Advised Gleðipinnar ehf. on its merger with Foodco ehf. creating a ISK6bn food and entertainment company in Iceland.

Lagahvoll is an independent law firm with a strong focus on impartiality and independence.

The firm offers specialized legal services with an emphasis on commercial and financial law. The partners at Lagahvoll have extensive knowledge and experience from within the financial industry as well as unique and exclusive expertise.

The firm represents both large and small companies as well as individuals, including professional investors. The client list includes domestic and international financial institutions, private equity funds, UCITS, Non-UCUTIS, professional and venture funds, corporations and investors. The partners of Lagahvoll have been involved in the field of banking and corporate finance, capital markets, mergers and acquisitions, debt restructuring and general corporate, competition and commercial law.  Lagahvoll also has advised corporations on business travels and immigration issues to Iceland.

The firm has a strong focus on ESG issues, and advised on the first social bond issued in Iceland.

Lagahvoll´s lawyers are admitted before the courts of Iceland and New York State.

For more information, please visit www.lagahvoll.is

DepartmentNameEmailTelephone
Managing Partner Dadi Bjarnasondadi@lagahvoll.is+354.864.8587
Partner Johann Tomas Sigurdssonjohann@lagahvoll.is+354.8.560.560
English (fluent)
Icelandic
Danish and other Scandinavian languages
New York State Bar (individual membership)

The partners of Lagahvoll provides legal advice to lower income families and non-Icelandic citizens on immigration issues at a reduced rate (as part of a pro bono mandate).

There is a great need for legal assistance to applicants and individuals, including individuals who are placed in removal proceedings.

The project has been successful, with the Directorate of Immigration now nominating Lagahvoll´s partners as representatives of individuals that need legal advice on immigration issues

Furthermore, the partners of Lagahvoll, in addition to increasing the firm´s commitment to assisting lower income families, have been assisting with incorporation of new enterprises and other legal work.


Lagahvoll has been specialising in cross-border work both for their domestic clients as well as providing international clients, who have business interests in Iceland, with help regarding legal issues in Iceland as well as in gaining access to the Icelandic market. 

The Clients 

Lagahvoll brings clients exceptional services at reasonable prices. The firm has worked with a diverse range of clients including:  

  • Various international companies. 
  • One of Iceland´s biggest issuers of securities in Iceland.  
  • IT company with vast international operations.  

The firm has advised international clients both with regards to corporate matters, such as investing in domestic entities, as well as on litigation issues. Furthermore, the team has advised international corporations with regards to ensuring that business travellers have necessary permits in Iceland and by so reducing compliance risk. 

The team 

Lagahvoll team consists of members, being a part of international bar association, with a unique experience in the venture and entrepreneurial area having focused on finding, creating or assisting new companies (ventures) where there are opportunities in the Icelandic market, providing stakeholders (such as investors, management team) with advice in establishing and developing new companies.  The firm´s commercially focused approach means that your business gets more than just legal advice.