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Europe Guide
Firm Profile

Landslög Law Offices

Firm Profile


  • Profile
  • Borgartun 26
  • Reykjavik
  • Höfuðborgarsvæði
  • Iceland
  • 105
  • Tel: +354 520 2900
  • Fax: +354 520 2901
  • Email: Contact Us

Firm profile submitted by Landslög Law Offices

Managing Partner: Mrs. Aslaug Arnadottir
Number of Partners: 12 Number of Lawyers: 21
Languages: Danish, English, German, Icelandic, Norwegian, Swedish

Landslog – Law Offices has an extremely strong presence in Iceland and is among the largest and most respected firms in Iceland. The firm’s ambition is to provide cutting edge legal services in a boutique fashion while working personally and closely with the clients, placing emphasis on providing its clientele with high level ‘one-stop’ legal services. The firm has worked on many of the most significant and ground-breaking cases in Iceland in various fields of law. The firm’s results have earned it an outstanding reputation and an ever growing client base, both domestic and foreign.

Banking & Finance:

■ Landslog have advised Landsbankinn hf. in its negotiations with the ‘old’ Landsbanki Íslands hf. and on drafting the necessary agreements in relation to the compensation instruments which were payment for the assets which were transferred to Landsbankinn hf. following the collapse of the “old” Landsbanki Íslands hf. in 2008
■ In 2014 Landslog advised Landsbankinn hf. on the re-financing of the compensation instruments
Contact: Jóhannes Karl Sveinsson, [email protected], and Vidar Ludviksson, [email protected]
■ Landslog have represented many of the largest fisheries in Iceland
Contact: Jóhannes Bjarni Bjornsson ([email protected])
■ Landslog represent the Icelandic State in relation to legal proceedings which Islandsbanki hf. issued against the State and the winding-up board of Byr Savings Bank, pertaining to the payments and closing of Islandsbanki’s purchase of Byr
Jóhannes Bjarni Bjornsson ([email protected])
■ In December 2013 the EFTA Surveillance Authority approved the public financing of the activities taking place in Harpa Concert Hall and Conference Centre in Reykjavik
Contact: Johannes Karl Sveinsson and Aslaug Arnadottir, partners at Landslog represented Harpa in the case ([email protected] / [email protected])
■ Landslog defended Íslandsbanki hf., which was acquitted in a lawsuit initiated by an investor who had invested in a project, financed by Glitnir bank hf. prior to the banks collapse, but Íslandsbanki withdrew from and cancelled all loan commitments
Kristján Þorbergsson ([email protected])

■ Landslog advised Reykjavik Energy (Orkuveita Reykjavikur) in negotiations with Mitsubishi and Nordural / Columbia Ventures Corp
Contact: Jóhannes Karl Sveinsson ([email protected])
■ Also, Landslog was counsel to Reykjavik Energy in its settlement discussions with the aluminum producer Nordural, following Reykjavik Energy’s award in arbitration proceedings
Contact: Horður Helgi Helgason ([email protected])
■ Landslog have advised the municipality Norðurþing in relation to the development of heavy industry in the area
Contact: Gardar Gardarsson ([email protected])

■ Landslog have represented the insurance company Tryggingamiðstoðin hf. in cases relating to claims under Glitnir Bank‘s Directors‘ and Officers‘ Liability Insurance Policy (D&O Policy). In early 2014 the Supreme Court rejected claims against the insurance company under Glitnir Bank’s D&O Policy in a case where Vidar Ludviksson acted for Tryggingamiðstoðin hf. ([email protected])
■ Landslog act for a number of U.K based insurers in various legal proceedings against them in relation to D&O policies
Contact: Vidar Ludviksson ([email protected])

■ In 2013, significant changes were made in the ownership of Hekla, one of the largest car dealerships in Iceland (Volkswagen, Audi and Skoda), when a Danish company Selmer acquired 50% of Hekla’s shares. Landslog handled negotiations and the necessary paperwork in the transaction as well as acting as legal consultants regarding the transaction along with Islandsbanki’s Corporate Banking and KPMG
Contact: Johannes Bjarni Bjornsson ([email protected])
■ Landslog provided counsel to Scientific Games Corporation (NASDAQ: SGMS), ranging from issues of corporate through currency controls, labour and data protection, regarding its acquisition of the Icelandic-based gaming software company Parspro hf
Contact: Hörður Helgi Helgason ([email protected])
■ Landslog advised the sellers of Isam ehf (Icelandic-American ehf.), one of the largest wholesale, food production and distribution companies in Iceland. The acquisition is one of the largest events within the Icelandic business sector in 2014
Grímur Sigurðsson ([email protected])

Insolvency – Cross-Border Insolvency:
■ Landslog have advised Heritable Bank PLC (in administration) in relation to the bank’s dispute and cross-claims with Landsbanki Íslands hf. (now LBI hf. in winding-up)
Contact: Vidar Ludviksson ([email protected]).
■ Landslog is legal counsel for Kaupthing in a dispute rising out of Credit Suisse‘s claim towards Kaupthing. The dispute relates to CLN contracts, but Credit Suisse‘s claim amounts to 30 billion ISK (around 200 million Euros)
Contact: Grímur Sigurðsson ([email protected])

Administration – State Aid:
■ The EFTA Surveillance Authority (ESA) announced its decision not to raise objections to the granting of aid to PCC BakkiSilicon hf. for the construction of a silicon metal plant in the Northeast part of Iceland. Landslog represented the municipality of Husavik towards the Authority and the foreign project’s representatives
Contact: Garðar Garðarsson ([email protected])

Administrative – Property:
■ Landslog is currently representing the Icelandic State, which owns parts of Geysir area land, in a dispute concerning entrance-fee collection at the Geysir area by an entity related to some of the relevant land owners
Contact:Ívar Pálsson ([email protected])

Competition – Antitrust:
■ Landslog have advised a number of large corporations, institutions and municipalities in various competition-related cases. ■ Lyfja, Iceland’s leading pharmaceutical and health shop retailer
■ Hagar, the largest retailer in Iceland
■ Several municipalities in Iceland
■ Gámaþjónustan – one of the largest firms in Iceland in waste management, sorting and recycling
■ Kortaþjónustan – an Icelandic card acquirer
Contact: Jóna Björk Helgadóttir ([email protected] is)
■ Landslog has advised ISAVIA ohf. (a public undertaking operating all air navigation systems and airports in Iceland) on a large scale competition case regarding investigation of the Icelandic Competition Authority into allocation of airport slots at Keflavík International Airport
Contact: Hlynur Halldórsson ([email protected])
■ Landslog advise Airport Coordination Denmark A/S, a Danish undertaking which controls and oversees slot allocation at Keflavik International Airport, in an investigation currently under way by the Icelandic Competition Authority
Contact: Hlynur Halldórsson ([email protected])

Real Estate:
■ In 2016 Vidar Ludviksson acted as sole counsel for SMI ehf. when the company purchased (and later sold) all shares in Korputorg ehf., which is the owner of the 45 thousand square meter shopping center at Korputorg, the third largest shopping-mall in Iceland

Main Contact:Áslaug Árnadóttir, Managing Director
Email: [email protected]
Tel: +354 520 2900