BBA//Fjeldco‘s ’fantastic team’ is highly active in cross-border mandates, regularly acting for prominent international and domestic clients on a range of matters involving Iceland. Managing partner Halldór Karl Halldórsson, who has more than 20 years’ experience in the practice area, co-leads the department alongside Einar Baldvin Árnason, whose practice covers commercial law, competition work and corporate restructurings, and Bjarki Diego, who is noted for his experience in M&A, capital markets mandates, and finance transactions. Also key are Ásgeir Ragnarsson, who is dual-qualified in Iceland and New York, and Baldvin Björn Haraldsson, a highly experienced M&A specialist, qualified to practice in Iceland and France.

Legal 500 Editorial commentary

Testimonials

Collated independently by Legal 500 research team.

  • 'Fantastic team involved in most cross-border deals in Iceland. What makes the team really stand out is their strong UK practice and expertise, effectively making them a one-stop shop in large, complex mergers and acquisitions.'
  • 'Halldór Karl Halldórsson, the managing partner, is a fantastic ally - extremely responsive, engaged and well-prepared.'
  • 'Highly experienced in corporate law and M&A, has been quite valuable for our company, giving meaningful advice.'
  • 'The account managers at BBA have been highly resourceful, and act quickly and professionally when it's needed.'
  • 'The BBA//Fjeldco team has unparalleled experience in legal advice in Iceland when it comes to M&A, any Capital Markets transactions, cross-boarder deals and really any larger transactions.'
  • 'I have worked with several of the firm's employees and they are, low and behold, very professional, knowledgeable and give very straight answers and guidelines. Einar Baldvin Árnason is hands down the number one corporate lawyer in Iceland.'
  • 'BBA/Fjeldco is an excellent law firm in Iceland. Very commercially oriented and excellent lawyers.'
  • 'Einar Baldvin Árnason is very hands on, calm and provides good and usable advice.'

Key clients

  • Alvotech
  • Arion Banki hf
  • Arctic Green Energy Group
  • BNP Paribas Fortis SA/NV
  • Coca-Cola Europacific Partners
  • Fasteignastyring ehf.
  • Glymur Eignastýring hf.
  • Hagar hf.
  • Íslandsbanki hf.
  • Kaldalón ehf.
  • KFW-IPEX BANK GMBH
  • Kvika Group
  • Landsbankinn hf.
  • MasterCard Worldwide
  • Fly Pay hf.
  • Opin Kerfi hf.
  • Rapyd Financial Network ltd
  • SÍA IV
  • Taconic Capital Advisors
  • Nova
  • Valitor hf.
  • ODDEG
  • JP Morgan
  • Citibank

Work highlights

  • Acted as lead Icelandic counsel for the acquirer of Kerecis in Iceland, which included initial advice, due diligence, drafting and providing input on structure and transaction documents and completion.
  • Acted for Vátryggingafélag Íslands hf. (VÍS), one of the largest insurance companies in Iceland, when VÍS acquired Fossar Investment Bank (Fossar).
  • Advised Equinor Ventures when it led a group of new investors in joining CRI’s shareholder group in a $30m investment round.

Lawyers

Hall of Fame
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Leading partners
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Next Generation Partners
Junior partners with significant recognition from clients and peers in the market and key roles on multiple matters.

Practice head

The lawyer(s) leading their teams.

Halldór Karl Halldórsson, Einar Baldvin Árnason, Bjarki Diego

Other key lawyers

Ásgeir Ragnarsson, Baldvin Björn Haraldsson