EFTA - Iceland
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Restructuring and insolvency

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Réttur – Adalsteinsson & Partners

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Réttur – Adalsteinsson & Partners, which is recognised for its ‘professionalism’ and ’client-focused service’, provides expert assistance in insolvency and corporate law, rescission cases, litigation, and settlement negotiations, handling both domestic and cross-border matters. Supreme Court Attorney Sigurður Örn Hilmarsson and newly promoted partner Stefán Örn Stefánsson jointly lead the practice, with Hilmarsson representing major international actors in winding-up and recission proceedings, and Stefánsson focusing on insolvency law, financial regulations, and tax law.

Legal 500 Editorial commentary

Testimonials

Collated independently by Legal 500 research team.

  • ‘Potential clients should know that the firm is always ready to listen and determine the best approach for each situation. Their teamwork and professionalism are evident in every detail of their service. That’s why we highly recommend engaging their team.'

  • ‘We highly appreciate the team for their client-focused service. Their teamwork and results-oriented approach are also noteworthy from a client's perspective, which is always pleasant to see.'

  • 'The team quickly understood the client's needs and brilliantly resolved the legal issues that arose.'

Key clients

  • LBI ehf.
  • Icelandic Water Holdings hf.
  • Bitfury Holding B.V.

Work highlights

  • Advised LBI ehf., formerly Landsbanki Íslands, on various asset management related matters.
  • Advised Icelandic Water Holdings hf. and its founders, through the intricacies of a large-scale sale and financial restructuring, in a transaction valued at more than $100m, wherein a majority stake of the company was acquired by foreign investors.

Lawyers

Leading partners
The strongest partners in their field, leading on market-leading deals and endorsed by peers and clients alike.
Next Generation Partners
Junior partners with significant recognition from clients and peers in the market and key roles on multiple matters.
Stefán Örn Stefánsson
Réttur – Adalsteinsson & Partners

Practice head

The lawyer(s) leading their teams.

Sigurður Örn Hilmarsson, Stefán Örn Stefánsson