Banking
and Finance

Broad Experience in Banking and Finance Law

As one of Iceland’s largest specialist business law firms our lawyers are experts in the field of banking and finance law, both contentious and non-contentious. Many of our lawyers have previously worked in-house in the banking industry, and we have a deep knowledge and understanding of the industry. We advise financial institutions, their customers and public bodies; our experience and breadth of practice enables us to understand parties’ needs and aims on all sides.

Cross-Border Financing Expertise

On the transactional side we advise clients on all types of banking and financing transactions, including transaction structuring, and advising on and negotiating the terms of loan and security documents. As the only law firm in Iceland with native Icelandic and English lawyers working together in Iceland we are also specialists in advising clients on cross-border financing. Our cross-border lawyers have many years’ experience working with and negotiating contracts based on the standards in international finance, including the LMA, ISDA and GMSLA forms.

Financial Disputes

Our dispute resolution lawyers are renowned as Iceland’s leading lawyers for financial disputes, and we have represented clients in many of the most high-profile and complex cases in this field in Iceland in recent years, as well as large-scale cross-border litigation. For more information please see Dispute Resolution.

Financial Regulation

We are also experts in financial regulation, and we advise financial institutions on their regulatory obligations arising from both Icelandic and EEA law. For more information please see Competition and Regulatory.

Assistance in Distressed Situations

Our experience in the field of restructuring and insolvency enables us both to help clients plan and make the right decisions when entering into transactions, as well as to assist clients when financial difficulties arise. For more information please see Restructuring and Insolvency.