LOGOS advises on the full range of insolvency matters, and is a leading name in the market for the financial restructuring of businesses and financial institutions, with experience in advising on complex cross-border matters spanning global jurisdictions. The group has diverse sector expertise, and has advised distressed enterprises across the private equity, telecoms and shipping industries, among others. Heiðar Ásberg Atlason leads the department, and covers all areas of bankruptcy law and financial restructuring; he is supported by managing partner Benedikt Egill Árnason, who is experienced in restructurings, and litigator Ólafur Eiríksson. Senior associate Katla Lovísa Gunnarsdóttir is also a key name to note.

Legal 500 Editorial commentary

Testimonials

Collated independently by Legal 500 research team.

  • ‘Very professional attitude. Human touch.’

  • ‘Heiðar Ásberg Atlason has great expertise, deep knowledge of the Icelandic judicial system and a very strong international approach.’

Key clients

  • Kaupthing ehf.
  • Siminn hf.
  • Arion Bank hf.
  • Origo hf.
  • Landsbankinn hf.
  • HSBC plc.
  • Barclays Bank plc.
  • 1912 ehf.
  • Frumtak Ventures ehf.
  • Estate of Brotafl ehf.
  • Islenskir adalverktakar hf. (“IAV”)
  • Estate of Aflmot byggingafelag ehf.
  • Foobar Technologies II ApS
  • Estate of Kl2020 ehf.
  • Estate of Fashion ehf.
  • Mentis Cura AS
  • Landsnet hf.
  • Geislasteinn ehf.
  • Estate of Eins og fætur toga ehf.
  • Estate of Verktakaþjónusta Reykjavíkur ehf.
  • Estate of Viðhaldsvinna ehf.
  • ALMC hf.
  • Estate of Esju-einingar ehf.
  • Eyrir Invest hf.

Work highlights

  • Supervising the solvent liquidation of Kaupthing ehf. (formerly Kaupthing Bank hf.).
  • Representing HSBC Milan Branch in litigation against LBI ehf. in relation to close out of a 1992 ISDA Master Agreement.
  • Advised Siminn hf., Iceland’s largest telecoms company that is listed on the Iceland Nasdaq, in respect to its restructuring.

Lawyers

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Heiðar Ásberg Atlason
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Practice head

The lawyer(s) leading their teams.

Heiðar Ásberg Atlason

Other key lawyers

Benedikt Egill Árnason, Ólafur Eiríksson, Katla Lovísa Gunnarsdóttir