EFTA - Iceland

Lex Law Offices

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Lex Law Offices‘s team is experienced in both litigation and arbitration proceedings, and represents clients at all levels of the Icelandic judicial system, including the Supreme Court, where the team is regularly active. The group attracts a diverse range of prestige clients, including commercial and investment banks, shipping companies, insurance companies, and public institutions. Supreme Court attorney Kristin Edwald is a leading name in insurance and corporate disputes, and co-leads the department alongside Arnar Þór Stefánsson, a seasoned litigator with broad sector expertise. Óskar Sigurðsson specialises in real estate disputes, while Garðar Víðir Gunnarsson is an energy expert with notable strength in arbitrations.

Legal 500 Editorial commentary

Testimonials

Collated independently by Legal 500 research team.

  • 'Broad coverage of knowledge that can handle most areas.'
  • 'Quick response and effective work.'
  • 'The team is very good.'

Key clients

  • ADG ehf. (AERO Design Global)
  • Kara Connect ehf.
  • ST ehf.
  • Bláfugl ehf. airline (Bluebird).
  • Bondholders of WOW air hf.
  • Samherji hf.
  • Landsbankinn hf.
  • Arion banki hf.
  • Frigus II ehf.
  • Nýr Landspítali ohf. (The New National Hospital)
  • Fjallabyggd Municipality
  • Thordur Mar Johannesson
  • Lífeyrissjóður Verslunarmanna – Pension Fund of Commerce
  • Salt Pay IIB hf.
  • Sjóvá-Almennar Insurance
  • Municipality of Árborg
  • Hejsa ehf.

Work highlights

  • Representing Landsbankinn hf. in a case brought by a former owner of a payment card company against the bank and certain other financial institutions claiming tort liability.
  • Representing Lifeyrissjodur Verslunarmanna in a dispute where X, a fund member, is challenging a change made to the pension fund’s amendments that were implemented in December 2022.
  • Representing Nýr Landspítali ohf., the entity tasked with administering the New National Hospital project (NLSH), before the Public Procurement Complaints Commission in a case regarding a complaint lodged by a bidder in tender on the total Exterior Wall System for NLSH.

Lawyers

Hall of Fame

The lawyers at the very top of the profession, widely known and respected by peers and clients for their longstanding involvement in market-leading work.

Leading individuals

Practice head

The lawyer(s) leading their teams.

Kristín Edwald, Arnar Þór Stefánsson

Other key lawyers

Garðar Víðir Gunnarsson, Óskar Sigurðsson