EFTA - Iceland

ADVEL Attorneys at Law

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ADVEL Attorneys at Law advises numerous listed companies and funds on a broad range of corporate matters both within Iceland and overseas, with notable strength advising on matters involving the UK market. Stefan Þór Ingimarsson, who leads the team, is a highly experienced practitioner with a practice which covers company law, corporate governance work, and M&A, with an emphasis on insurance law. Ragnar Guðmundsson and Bjarni Þór Bjarnason share key strength in tax law, M&A and corporate financings. Andri Fannar Bergþórsson joined the department in 2022 as a counsel, after previously working as a member of the Financial Supervision Committee at the Central Bank of Iceland.

Legal 500 Editorial commentary

Testimonials

Collated independently by Legal 500 research team.

  • ‘Stefan Þor Ingimarsson is a very talented corporate lawyer and is very sharp in M&A.’

  • 'They act as one sole person. Excellent distribution of work.'

  • 'All of them are individually efficient, respond quickly and thoroughly, they seem professional and updated at all times.'

Key clients

  • Arion banki
  • Hampidjan
  • Advania Group
  • VÍS
  • Klappir Green Solutions
  • Oryggismidstodin
  • Brim hf.
  • Valitor hf.
  • N1 hf.

Work highlights

  • Advising Festi hf. on its forest carbon offset project to reduce the carbon footprint for the entire company group.
  • Acted as Arion Bank’s local counsel on arranging the bank's EMNT programme.

Lawyers

Leading individuals

Stefan Þór Ingimarsson

ADVEL Attorneys at Law

Mr. Ingimarsson holds an LL.M. In International Economic and Business law from Groningen University (2005) and conducts Ph.D. research at the Business Law Department at Tilburg University. He has been involved in several local and cross-border transactions over the years, as well as refinancing and reorganisation of major Icelandic companies. Mr. Ingimarsson is a prominent expert in insurance law, a Partner and leads the international division at ADVEL.

Practice head

The lawyer(s) leading their teams.

Stefan Þor Ingimarsson

Other key lawyers

Dora Sif Tynes, Bjarni Þór Bjarnason, Ragnar Guðmundsson, Andri Fannar Bergþórsson