BBA//Fjeldco is recognised for its strength in complex cross-border insolvencies and restructurings, with a track record in advising leading domestic and international banks and corporate clients. The department covers both contentious and non-contentious matters, and works closely with the firm’s London office. Einar Baldvin Árnason co-leads the department alongside Gunnar Thor Thorarinsson; Árnason specialises in restructuring projects and has experience across the financial, retail, and aviation sectors, while Thorarinsson, who is dual-qualified in Iceland and the UK, is a key contact for international clients with investments in Iceland. Baldvin Björn Haraldsson has strength in restructuring work, particularly in the energy sector.
Key clients
- Íslandsbanki
- Landsbankinn
- Eaton Vance Management
- KEA Hotels
- TBJ Group
- Turkish Development Bank
- Nox Holding ehf.
- Diversis Capital
- Kvika bank hf.
- ODDEG
- SportsDirect.com Retail Limited
- The Collectivié de Strasbourg Metropole
- Glitnir hf.
- Arion Bank hf.
- LBI ehf.
- Kaupthing ehf.
Work highlights
- Providing ongoing legal advice to LBI ehf., Old Byr and Klakki ehf. in relation to their wind-down and ultimate dissolution of the companies.
- Provided legal advice to the Turkish Development Bank in relation to the creation of a Risk Sharing Mechanism for Geothermal Drilling Operations in Turkey.
- Acting as lead legal adviser to the state authority ODDEG in Djibouti regarding the creation of a legal framework for geothermal exploration and harnessing geothermal reservoirs.
Practice head
The lawyer(s) leading their teams.
Einar Baldvin Árnason, Gunnar Thor Thorarinsson