Iceland - Dispute Resolution Lawyers & Law Firms - Europe - Chambers and Partners
Chambers & Partners has detected the use of an ad blocker.
We make use of tailor-made ads to enhance your experience of our website.
Please 'whitelist' https://www.chambersandpartners.com.
Close
Europe Guide

Dispute Resolution — Iceland


Juris - Dispute Resolution Department

-

Band 1

第一等

Chambers Commentary (based on the Chambers research)

Basic facts about the Department
- Heads of department: Andri Árnason and Stefán Svensson
- 9 partners
- 11 other qualified lawyers

What the team is known for Rises to the top band following strong market recommendation for its banking and finance litigation expertise. Also highly regarded for its capacity to handle cross-border cases. Clients continue to benefit from the firm's notable strength in competition law disputes. Popular with a diverse array of clients, ranging from public sector entities to fisheries and telecommunications clients.

Strengths Clients enthuse: “It is a go-to firm for complex and high-profile disputes,” and also praise the lawyers' ability to work as a team.

Interviewees also appreciate that the team provides “good-quality work and quick reactions.”

Work highlights Represented Íslandsbanki in an ISK8 billion claims dispute against the bankruptcy estate of Byr.

Acted for three former Kaupthing employees on criminal proceedings relating to purchase and sale of the bank's own shares prior to its collapse.

Significant Clients Ísfélag Vestmannaeyja, Bacco Seaproducts, Mila, RÚV.

Notable practitioners

Valued for his "wealth of experience," Andri Árnason is lauded by clients as “a really smart litigator” who “can easily handle complex and difficult litigation cases.” A long-standing market leader in claims disputes and contentious competition matters, he recently assisted Siminn with two competition litigations relating to other service providers' use of mobile phone networks. Sources enthuse that he is "one of the best litigators" and that "litigation is his strength."

Stefán Svensson is highly active on banking and finance litigation and offers additional expertise in competition matters. In a recent highlight, he represented Borgun and other financial institutions as defendants in a case relating to alleged competition law infringement based on its merchant acquiring service. Clients value his “good experience of international disputes” and say: “He is very knowledgeable and gets to grips with complex matters.”

About the Team (content provided by Juris)

Widely recognised as a top-tier commercial dispute resolution firm, our unique team of experienced Icelandic and English lawyers includes the “outstanding” Andri Árnason and the “excellent” Stefán Svensson. Our aim is always to resolve disputes as quickly and efficiently as possible, cutting through complexity and focusing on solutions. We have significant expertise in both litigation and arbitration which we use to good effect in wide-ranging matters including contentious banking, insolvency, finance and competition matters. Our lawyers are also experienced in acting as expert witnesses on matters of Icelandic law in foreign proceedings.

Recent work highlights

  • Advised and represented Kaupthing in claims against Deutsche Bank AG in relation to €508 million credit linked notes, leading to a successful settlement of the case;
  • Advised Norvík in its successful damages claim against Hagar, the first case in Iceland involving a damages claim by a competitor for an abuse of a dominant position by predatory pricing; and
  • Represented the Icelandic retail banks in most of the leading cases relating to currency-linked loans.

No Content Provided

Industries

  • {{member.name}}

No Content Provided

Clients

  • {{member.name}}

No Content Provided

Date

Title

{{ article.publishedDate | date: 'longDate' }}

{{article.title}}


Landslög Law Offices - Dispute Resolution Department

-

Band 1

第一等

Chambers Commentary (based on the Chambers research)

What the team is known for Impressive dispute resolution team that rises in the rankings following strong recommendations for its expertise in finance and public sector litigation. Boasts an array of active and experienced litigators who advise on a broad range of general commercial disputes. A varied practice includes representing Icelandic banks in the area of restructuring litigation, as well as acting for individuals on personal injury claims and insurance disputes.

Strengths Interviewees highlight the “strong” team's “high level of service.”

Another source confirms the firm's high quality of service, adding: "Landslög are prominent, highly qualified litigators."

Notable practitioners

Clients benefit from Jóhannes Karl Sveinsson's “huge level of experience” in handling complex corporate litigation. Sources accentuate that “he is very good at breaking down difficult cases and bringing simplicity to the arguments.” He is highly regarded by financial sector clients. Sveinsson also represents clients in contentious competition law cases.

Viðar Lúðvíksson's practice covers a broad range of mandates. He advises clients on liability, insurance and contractual disputes. He offers additional experience handling non-contentious issues.

Grímur Sigurðsson is hailed as “a very hard-working litigator who is aggressive when he needs to be and really works hard for his clients.” He represents clients in a broad range of corporate disputes, and is active in tort and insolvency cases.

About the Team (content provided by Landslög Law Offices )

Department profile not yet provided by Landslög Law Offices . Please see their firm profile.

No Content Provided

Industries

  • {{member.name}}

No Content Provided

Clients

  • {{member.name}}

No Content Provided

Date

Title

{{ article.publishedDate | date: 'longDate' }}

{{article.title}}


Logos - Dispute Resolution Department

-

Band 1

第一等

Chambers Commentary (based on the Chambers research)

Basic facts about the Department
- Head of department: Ólafur Eiríksson
- 8 partners
- 11 other qualified lawyers

What the team is known for Market-leading firm regularly assisting companies and financial institutions facing corporate and criminal investigations. Further renowned for its work with international clients and ability in cross-border cases, supported by its London office. Also provides strong expertise within employment and competition litigation. Has a strong reputation for representing clients in financial law disputes and tax investigations.

Strengths Clients appreciate that the lawyers “really get to know the business” and highlight the team's “capacity to meet requirements.”

Sources also underline the team's “deep knowledge” and note: “They are easy to work with and provide you with answers fast.”

Work highlights Assisted Norvik and Byko as defendants with the Competition Authority's ISK650 million fine relating to alleged cartel activity.

Represented Valitor in a dispute concerning a fine of ISK500 million for alleged abuse of its dominant position.

Significant Clients De Nederlandsche Bank, Deutsche Bank, Morgan Stanley, Eimskipafélag Íslands, Marel.

Notable practitioners

Lauded as a “first-class litigator,” Ólafur Eiríksson is esteemed for his “excellent judgement and technical ability.” He is well reputed for his employment law expertise, as well as disputes arising out of insolvency. He has a number of clients from the insurance sector, and recently acted for VÍS as defendants on an insurance dispute regarding claims made by a pension fund and its former board members. Clients highlight his "efficiency and availability" as well as his "good communication skills."

Heiðar Asberg Átlason is a strong choice for competition and financial sector disputes, recently advising UBS on a derivatives claim against LBI in connection with an ISDA Master Agreement. Sources say he "is impressive to deal with,” particularly in competition cases.

About the Team (content provided by Logos)

LOGOS legal services is the largest law firm in Iceland with Dispute Resolution practice in both Iceland and the UK. That combined with the vast experience we have in all aspects of litigation and representation before the Supreme Court, the District Courts, the Government of Iceland and Government-appointed committees, arbitration tribunals as well as the EFTA Court, has kept us in the number one spot when it comes to dispute resolution.

LOGOS has been known throughout the years to be the number one law firm for the business sector. In the past decade we have also had extensive experience in the defence of clients subject to large scale corporate and criminal investigations.

Over the past years, LOGOS has been heavily involved in complicated litigation relating to the collapse of the banking sector in Iceland, including cases on various insolvency law issues and damage claims. During that process, LOGOS has represented a number of foreign creditors, banks and institutions.

LOGOS has furthermore pleaded a number of complicated derivatives claims resulting from financial instruments issued by the failed banks. Also, LOGOS has represented a number of foreign banks and institutions in relation to claw back cases, set off claims, as well as damages claims arising from the winding-up process.

Our litigation and arbitration team has extensive experience in defending clients who are subject to large-scale
corporate investigations and investigations by tax and competition authorities.

No Content Provided

Industries

  • {{member.name}}

No Content Provided

Clients

  • {{member.name}}

No Content Provided

Date

Title

{{ article.publishedDate | date: 'longDate' }}

{{article.title}}


Jonsson & Hall - Dispute Resolution Department

-

Band 2

第二等

Chambers Commentary (based on the Chambers research)

What the team is known for Strong litigation team renowned for its handling of high-profile white-collar crime disputes. Offers support in litigation and arbitration to a client base of international and domestic companies. Offer additional expertise in contentious matters relating to tort law and insurance.

Strengths The team's focus stands out within the market: “They are great lawyers in white-collar crime and financial cases.”

Notable practitioners

The “extremely experienced” Gestur Jónsson is a highly respected litigator in the market. He has long-standing experience in white-collar crime disputes.

Gísli Guðni Hall is lauded for his “excellent work” in employment and labour litigation and described as "definitely someone who should be recommended for employment cases." He has a strong reputation for representing private individuals and unions in disputes against the State.

White-collar crime specialist Hörður Felix Harðarson is renowned as an “excellent litigator” in the field. He is additionally active in competition litigation.

About the Team (content provided by Jonsson & Hall)

Department profile not yet provided by Jonsson & Hall. Please see their firm profile.

No Content Provided

Industries

  • {{member.name}}

No Content Provided

Clients

  • {{member.name}}

No Content Provided

Date

Title

{{ article.publishedDate | date: 'longDate' }}

{{article.title}}


Lex Law Offices - Dispute Resolution Department

-

Band 2

第二等

Chambers Commentary (based on the Chambers research)

Basic facts about the Department
- Head of department: Aðalsteinn Jónasson
- 6 partners
- 8 other qualified lawyers

What the team is known for Experienced team working closely with corporate, banking and employment practices to provide a full-service approach to clients. Handles a comprehensive range of litigious matters, including capital markets and white-collar crime disputes. Regularly acts on behalf of banks and large insurers. Arnarlax is a recent client win. The firm has grown following the merger with JP Attorneys at the beginning of 2017.

Strengths Clients laud the team's “very good knowledge of domestic and international legal matters” and also praise the team's ability to provide good results in litigation.

Another interviewee enthuses: “They knew the answer to everything we threw at them.”

Work highlights Represented landowners in Vogar in a dispute relating to the proposed construction of a transmission line across their property.

Advised the Municipality of Kópavogur on proceedings to annul zoning plans.

Significant Clients Landsbanki, Arion Bank, Reykjavik Energy, Silicor Materials, Landsvirkjun.

Notable practitioners

Kristín Edwald is described by sources as an experienced and "very capable litigator." She represents clients in criminal disputes, as well as matters relating to insurance and tort law. She defended Magnús Guðmundsson, the former CEO of Kaupthing, against market manipulation and breach of trust accusations.

Rising star Arnar Þór Stefánsson is hailed as a litigator with “technical knowledge of the highest standard.” He is notably active on disputes relating to the fishing and materials industries. He represented Ferskar in its case against the government of Iceland in connection with its import ban on fresh meat.

About the Team (content provided by Lex Law Offices)


LEX is extremely proud of its reputation as one of Iceland's leading litigation law firms. With 11 Supreme Court Attorneys, our litigation team is one of the largest and most experienced in Iceland and offers services across the legal spectrum. The close cooperation between the practice's leading litigators and specialists from other practices areas such as Property, Tax, Banking, Finance, Construction, Media, Tort, Employment, Insolvency, Insurance and other corporate matters ensures that LEX’s clients obtain the best possible legal services LEX has to offer.

LEX’s litigation team handles the majority of the Supreme Court cases dealt with by the firm. The firm has set up a special team of litigators and through the years, its attorneys have tried numerous landmark cases before the Supreme Court. 

LEX continues to perform extensive work for all the major commercial and investment banks in Iceland. A large client of LEX in dispute resolution is Sjova-Almennar tryggingar hf., one of the largest insurance companies in Iceland.

LEX has been in the forefront of introducing Icelandic companies to arbitration as a feasible alternative to litigation.


No Content Provided

Industries

  • {{member.name}}

No Content Provided

Clients

  • {{member.name}}

No Content Provided

Date

Title

{{ article.publishedDate | date: 'longDate' }}

{{article.title}}


Réttur - Aðalsteinsson & Partners - Dispute Resolution Department

-

Band 3

第三等

Chambers Commentary (based on the Chambers research)

Basic facts about the Department
- Heads of department: Ragnar Aðalsteinsson and Sigurður Örn Hilmarsson
- 5 partners
- 7 other qualified lawyers

What the team is known for Well-regarded dispute resolution team handling a diverse caseload, from commercial litigation and banking disputes to human rights cases. The firm has been particularly active on litigious matters arising from the banking collapse, with its client portfolio spanning a range of international and domestic banks. Additionally acts on criminal cases, notably representing private individuals.

Strengths Clients appreciate the team's “very solid and sensible” approach to cases.

Another source highlights that the department is “very respected in cases regarding immigration law.”

Work highlights Advised Icelandic Water Holdings as defendants on a damages claim for trade mark infringement brought by iGWater.

Represented Erla Bolladóttir and Guðjón Skarphéðinsson in the reopened investigation into the disappearance of two men in 1974.

Significant Clients Commerzbank, Western Asset Management Company, BNP Paribas, Banca IMI.

Notable practitioners

Ragnar Aðalsteinsson is highlighted by market sources as a “legend in litigation.” He is highly experienced representing private individuals and has considerable expertise relating to human rights disputes. He also advises on cross-border corporate disputes.

Sigurður Örn Hilmarsson acts on international insolvency cases relating to the collapse of Icelandic banks. He is valued by clients as a “safe pair of hands” and is described as a "smart and commercial disputes lawyer." In a recent highlight, he assisted Drake Management with its settlement of a contentious matter relating to ISDA close-outs with Glitnir.

The “very enthusiastic” Kári Hólmar Ragnarsson enjoys a good reputation for his broad disputes practice. He represents financial institutions in insolvency-related cases as well as private individuals in human rights disputes. He is praised as being “very skilled on international issues.”

About the Team (content provided by Réttur - Aðalsteinsson & Partners)

Réttur is known for its strong dispute resolution team, which is composed of talented and experienced litigators with diverse backgrounds, allowing the firm to represent a range of clients in most areas of the law.

In recent years, Réttur’s team has litigated a defence on behalf of international actors in rescission cases launched by the winding up committees of the fallen Icelandic banks. These cases have been highly complicated and involved cross-border and jurisdictional disagreements, as well as unprecedented Icelandic legal issues.

The team regularly represented individuals and companies alike in highly publicized court cases in Iceland. Many of these are leading cases in the field of human rights and the firm’s partners’ have taken a number of cases to the European Court of Human Rights. Most notably in recent years, Réttur’s team has focused on high profile cases relating to freedom of speech, the right to privacy and health care.

No Content Provided

Industries

  • {{member.name}}

No Content Provided

Clients

  • {{member.name}}

No Content Provided

Date

Title

{{ article.publishedDate | date: 'longDate' }}

{{article.title}}


Senior Statesmen

Ragnar Aðalsteinsson

Réttur - Aðalsteinsson & Partners

From the Chambers Europe guide

Ragnar Aðalsteinsson is highlighted by market sources as a “legend in litigation.” He is highly experienced representing private individuals and has considerable expertise relating to human rights disputes. He also advises on cross-border corporate disputes.

^ Return to Top

Senior Statesmen

Jonsson & Hall

From the Chambers Europe guide

The “extremely experienced” Gestur Jónsson is a highly respected litigator in the market. He has long-standing experience in white-collar crime disputes.

^ Return to Top

Band 1

Juris

From the Chambers Europe guide

Valued for his "wealth of experience," Andri Árnason is lauded by clients as “a really smart litigator” who “can easily handle complex and difficult litigation cases.” A long-standing market leader in claims disputes and contentious competition matters, he recently assisted Siminn with two competition litigations relating to other service providers' use of mobile phone networks. Sources enthuse that he is "one of the best litigators" and that "litigation is his strength."

^ Return to Top

Band 1

Ólafur Eiríksson

Logos

From the Chambers Europe guide

Lauded as a “first-class litigator,” Ólafur Eiríksson is esteemed for his “excellent judgement and technical ability.” He is well reputed for his employment law expertise, as well as disputes arising out of insolvency. He has a number of clients from the insurance sector, and recently acted for VÍS as defendants on an insurance dispute regarding claims made by a pension fund and its former board members. Clients highlight his "efficiency and availability" as well as his "good communication skills."

^ Return to Top

Band 1

Jóhannes Karl Sveinsson

Landslög Law Offices

From the Chambers Europe guide

Clients benefit from Jóhannes Karl Sveinsson's “huge level of experience” in handling complex corporate litigation. Sources accentuate that “he is very good at breaking down difficult cases and bringing simplicity to the arguments.” He is highly regarded by financial sector clients. Sveinsson also represents clients in contentious competition law cases.

^ Return to Top

Band 2

Heiðar Asberg Átlason

Logos

From the Chambers Europe guide

Heiðar Asberg Átlason is a strong choice for competition and financial sector disputes, recently advising UBS on a derivatives claim against LBI in connection with an ISDA Master Agreement. Sources say he "is impressive to deal with,” particularly in competition cases.

^ Return to Top

Band 2

Hörður Felix Harðarson

Jonsson & Hall

From the Chambers Europe guide

White-collar crime specialist Hörður Felix Harðarson is renowned as an “excellent litigator” in the field. He is additionally active in competition litigation.

^ Return to Top

Band 2

Juris

From the Chambers Europe guide

Stefán Svensson is highly active on banking and finance litigation and offers additional expertise in competition matters. In a recent highlight, he represented Borgun and other financial institutions as defendants in a case relating to alleged competition law infringement based on its merchant acquiring service. Clients value his “good experience of international disputes” and say: “He is very knowledgeable and gets to grips with complex matters.”

^ Return to Top

Band 3

Lex Law Offices

From the Chambers Europe guide

Kristín Edwald is described by sources as an experienced and "very capable litigator." She represents clients in criminal disputes, as well as matters relating to insurance and tort law. She defended Magnús Guðmundsson, the former CEO of Kaupthing, against market manipulation and breach of trust accusations.

^ Return to Top

Band 3

Baldvin Björn Haraldsson

BBA

From the Chambers Europe guide

Baldvin Björn Haraldsson of BBA is highly active in disputes relating to the insurance and financial sectors. He recently acted on Swiss Life's claims against a number of Icelandic banks following the banking crisis. Clients value his “strong business mindset.” He is a member of both the Paris and Icelandic Bars.

^ Return to Top

Band 3

Viðar Lúðvíksson

Landslög Law Offices

From the Chambers Europe guide

Viðar Lúðvíksson's practice covers a broad range of mandates. He advises clients on liability, insurance and contractual disputes. He offers additional experience handling non-contentious issues.

^ Return to Top

Band 3

Guðmundur Siemsen

ADVEL Attorneys at law

From the Chambers Europe guide

Guðmundur Siemsen of ADVEL Attorneys at law is highlighted for his “versatility and great overall knowledge,” and his depth of experience makes him a valued adviser for clients. He is active on public procurement, contract and employment law disputes, recently representing SMI in a contract dismissal claim filed by Hagar.

^ Return to Top

Band 3

Grímur Sigurðsson

Landslög Law Offices

From the Chambers Europe guide

Grímur Sigurðsson is hailed as “a very hard-working litigator who is aggressive when he needs to be and really works hard for his clients.” He represents clients in a broad range of corporate disputes, and is active in tort and insolvency cases.

^ Return to Top

Band 3

Stefán Geir Thórisson

Forum Lögmenn

From the Chambers Europe guide

Stefán Geir Thórisson of Forum Lögmenn is regarded by interviewees as a "good-quality lawyer" specialising in tort law and employment law litigation. He is additionally active on disputes relating to competition and EU law.

^ Return to Top

Up and Coming

Sigurður Örn Hilmarsson

Réttur - Aðalsteinsson & Partners

From the Chambers Europe guide

Sigurður Örn Hilmarsson acts on international insolvency cases relating to the collapse of Icelandic banks. He is valued by clients as a “safe pair of hands” and is described as a "smart and commercial disputes lawyer." In a recent highlight, he assisted Drake Management with its settlement of a contentious matter relating to ISDA close-outs with Glitnir.

^ Return to Top

Up and Coming

Kári Hólmar Ragnarsson

Réttur - Aðalsteinsson & Partners

From the Chambers Europe guide

The “very enthusiastic” Kári Hólmar Ragnarsson enjoys a good reputation for his broad disputes practice. He represents financial institutions in insolvency-related cases as well as private individuals in human rights disputes. He is praised as being “very skilled on international issues.”

^ Return to Top

Up and Coming

Arnar Þór Stefánsson

Lex Law Offices

From the Chambers Europe guide

Rising star Arnar Þór Stefánsson is hailed as a litigator with “technical knowledge of the highest standard.” He is notably active on disputes relating to the fishing and materials industries. He represented Ferskar in its case against the government of Iceland in connection with its import ban on fresh meat.

^ Return to Top