
At BBA//Fjeldco, the restructuring and insolvency team handles a variety of work for its clients, including complex restructurings for major companies and multiple wind-down and dissolution cases. Co-practice heads Einar Baldvin Árnason and Gunnar Thor Thorarinsson both bring expert knowledge, with Einar a recognised corporate law specialist who has advised on restructuring cases across a range of industries, including retail, energy, and aviation, and Gunnar advises on cross-border matters and is dual-qualified in both Iceland and England. They are supported by Sara Rut Sigurjónsdóttir and Thórir Júlíusson.
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Accolades
Client satisfaction: Sector knowledge
Client satisfaction: NPS ®
Key clients
- Controlant hf.
- European Organisation for the Safety of Air Navigation (EUROCONTROL)
- Kaupthing ehf.
- LBI ehf.
- Old Byr ehf.
- Skagi Group
Work highlights
Advised Skagi Group and its subsidiaries on a complex restructuring that required navigating regulatory and tax considerations.
Advised Controlant hf. on a two-phase financing as part of its broader restructuring and cost-optimisation initiatives.
Acting for EUROCONTROL in defending against the rescission claim of the liquidators of WOW air hf.
Lawyers
Leading partners
The strongest partners in their field, leading on market-leading deals and endorsed by peers and clients alike.

Practice head
Einar Baldvin Árnason; Gunnar Thor Thorarinsson
Other key lawyers
Sara Rut Sigurjónsdóttir; Thórir Júlíusson
