Heiðar Ásberg Atlason
Hall of fameLOGOSLOGOS‘ insolvency and restructuring team advises on financial restructurings for businesses, financial institutions, and wealthy individuals, including payment suspensions, bankruptcies, creditor arrangements, compulsory dissolutions and liquidations. Team leader Heiðar Ásberg Atlason assists international banks and financial institutions with bankruptcy law, financial restructurings, and workouts. Óttar Pálsson specialises in banking and financial restructurings, commercial litigation, and offers local counsel to international investors.
Legal 500 Editorial commentary
Testimonials
Collated independently by Legal 500 research team.
‘Large, full-service Icelandic firm with a depth of experience in a number of areas.'
‘Óttar Pálsson is our principal contact. He is an exceptional lawyer - excellent legal skills and very commercially aware.'
‘Great technical skills and full availability to discuss legal issues.’
‘Heiðar Ásberg Atlason has great knowledge of all legal issues involved, is very accurate in providing responses and a very good ability to address cross-border problems.'
Key clients
- Arion Bank hf.
- Barclays Bank plc.
- HSBC plc.
- Kaupthing ehf.
- Landsbankinn hf.
- Siminn hf.
- Eyrir Invest hf.
- Frumtak Ventures ehf.
- Islenskir adalverktakar hf.
- Landsnet hf.
- Origo hf.
Work highlights
- Advised Kaupthing ehf. (formerly Kaupthing Bank hf.) in solvent liquidation, started in July 2022.
- Advised HSBC Milan Branch in litigation against LBI ehf. in relation to close out of a 1992 ISDA Master Agreement, currently pending before the Italian Court of Appels.
- Advised Bilaleiga Reykjavikur (e. Reykjavik Car Rental) during the company's insolvency.
Lawyers
Hall of Fame
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Practice head
The lawyer(s) leading their teams.
Heiðar Ásberg Atlason