BBA//Fjeldco provides comprehensive advice on both transactional and contentious corporate restructurings, workouts, and insolvency matters. The practice is jointly headed by Einar Baldvin Árnason, who manages large-scale restructuring projects across diverse sectors for financial institutions, major retailers, oil companies, and airlines; and Gunnar Thor Thorarinsson, who complements the team with his expertise in advising international investors on their ventures in Iceland and supporting Icelandic investors in overseas investments, notably in the context of restructuring Iceland’s financial system. Baldvin Björn Haraldsson is a prominent figure in energy sector restructurings.
Legal 500 Editorial commentary
Key clients
- Eaton Vance Management
- SportsDirect.com Retail Limited
- Arion Bank hf.
Work highlights
- Advising LBI ehf., Old Byr and Klakki ehf. in relation to their wind-down and ultimate dissolution of companies, involving a large number of creditors and shareholders.
- Advised Turkish Development Bank in relation to the creation of a Risk Sharing Mechanism for Geothermal Drilling Operations in Turkey.
- Advised ODDEG in Djibouti in the creation of a legal framework for geothermal exploration and harnessing geothermal reservoirs in Djibouti.
Practice head
The lawyer(s) leading their teams.
Einar Baldvin Árnason, Gunnar Thor Thorarinsson