Bringing recognised expertise in the space, the banking, finance, and capital markets team at BBA//Fjeldco is a strong player in the market. The team is co-led by Bjarki Diego, who provides decades of experience and skill in international and domestic finance work, and Halldór Karl Halldórsson, who supports with his long-standing corporate law acumen. Recently, the firm has advised the Icelandic government on the public offering of its shares in Íslandsbanki hf. – the largest share offering in Icelandic history. Other key contacts include Ásgeir Ragnarsson, Sara Rut Sigurjónsdóttir, Stefán Reykjalín, and Sigvaldi Fannar Jónsson.
Legal 500 Editorial commentary
Accolades
Client satisfaction: Sector knowledge
Client satisfaction: NPS ®
Testimonials
Collated independently by Legal 500 research team.
- ‘We have worked with the team at BBA/Fjeldco for many years and continue to be impressed by their high level of qualification and deep knowledge. They truly care about their clients and foster strong, long-term relationships. The lawyers take a cooperative and pragmatic approach, ensuring that advice is aligned with our business needs. They are highly accessible and always available when we need them. Communication is clear, practical, and timely. The guidance we receive is consistently professional, proactive, and commercially oriented. Their ability to anticipate issues and offer solutions sets them apart. We value them as trusted advisers rather than just external counsel.’
- ‘Halldór Karl Halldórsson is one of Iceland’s sharpest legal minds. Highly knowledgeable and well-connected, he combines technical expertise with commercial judgment. He brings authority and pragmatism that clients deeply value.'
- 'Sara Rut Sigurjónsdóttir is skilled, professional, and strongly client-oriented. She is easy to work with, responsive, and delivers clear, actionable advice. Clients highlight her collaborative style and ability to align legal solutions with business needs.’
- ‘BBA//Fjeldco have a very deep content knowledge in their area of expertise. They provide excellent services and deliver above expectations.’
- ‘In my experience, the people that we have worked with deliver comprehensive and complete results. They don't tell you what they think you want to hear, but instead what is their expert advice. They are easy to work with and on top of their game.’
Key clients
- Arctic Therapeutics hf.
- Alvotech
- Arctic Green Energy
- Arion Bank
- Bayerische Landesbank
- Controlant hf.
- Crusoe Iceland ehf. and Crusoe Energy Systems LLC
- Deutsche Bank AG
- DNB
- ECAM LP
- First Water hf.
- Fly Play hf.
Work highlights
Advised the Icelandic government in relation to its fully marketed public offering of its shares in Íslandsbanki hf. as well as advising Íslandsbanki itself in relation to the matter.
Advised Oculis on the Icelandic aspects of its successful $100m private placement of shares, conducted both domestically and internationally.
Advised Alvotech with respect to the refinancing of the credit agreement that the company entered into with its lenders for a senior secured first lien term loan facility of up to $965m.
Lawyers
Hall of Fame
The lawyers at the very top of the profession, widely known and respected by peers and clients for their longstanding involvement in market-leading work.
Leading partners
The strongest partners in their field, leading on market-leading deals and endorsed by peers and clients alike.
Next Generation Partners
Junior partners with significant recognition from clients and peers in the market and key roles on multiple matters.
Leading associates
Leading associates with regular involvement in their team's key work, and recognition from peers or clients as being ones to watch.
Practice head
Bjarki Diego; Halldór Karl Halldórsson
Other key lawyers
Ásgeir Ragnarsson; Sara Rut Sigurjónsdóttir; Stefán Reykjalín; Sigvaldi Fannar Jónsson