New managing partner at LOGOS, Mr Thorolfur Jonsson
Mr Thorolfur Jonsson, attorney at law and a member of the LOGOS partners group since 2009, is the new managing partner at LOGOS. He succeeds Ms Helga Melkorka Ottarsdottir, attorney at law, who has been the managing partner at the firm for the past 6 years.
Results from Chambers Europe 2019
The rating agency Chambers & Partners has just published its rankings for Chambers Europe 2019 and LOGOS is the only Icelandic firm that is in band 1 in all assessed categories.
Spanish taxation possibly in breach of the EEA Agreement
Following a complaint to the European Commission filed by LOGOS, the European Commission published in the beginning of March, as part of its infringement decisions
In Frettabladid today, there is an interview with Fannar Freyr Ivarsson and Freyr Snaebjornsson Senior Associates at LOGOS about robo investing, in relation to their presentation at UT Messan (IT convention) in February last, where they discussed the legal aspects of robo-advisors in investing and its possibilities.
Full interview (Icelandic) here: Róbó-ráðgjöf fær nýja fjárfesta til leiks
Chambers Global 2019
Chambers Global have just published their rankings for this year (Chambers Global 2019).
This is great news for LOGOS, which retains its top tier ranking in all categories.
Judgment in the case of Ragnar Thorisson against Iceland
On 12 February 2019, the European Court of Human Rights in Strasbourg issued its judgment in the case of Ragnar Thorisson against Iceland.
Agreement between Arion bank and RB
LOGOS congratulates RB (IT service centre for the Icelandic financial market) and Arion Bank on their recent agreement on the implementation of new basic systems for the bank.
New Partner at LOGOS
Article by Kristján Jónsson
On 10 January, Vidskiptabladid (the Icelandic equivalent of the Financial Times) published an article by Kristján Jónsson, Associate at LOGOS, titled „Iceland on international markets and the EEA.“
Article on dawn raids in Vidskiptabladid by Halldor Brynjar Halldorsson
On 6 December, Vidskiptabladid (the Icelandic equivalent of the Financial Times) published an article by Halldor Brynjar Halldorsson Senior Associate at LOGOS, titled “Botched dawn raids?”,
LOGOS advises Strax on divestment of its Gear4 brand to Zagg Inc.
LOGOS Legal Services has advised long-standing client Strax on the disposal of the entire issued share capital of Gear4 HK Limited, owner of the Gear4 Brand (the UK’s No. 1 smartphone case brand), to Nasdaq listed Zagg, Inc for up to US$50,000,000.
Legal advice to Origo hf.
LOGOS and its subsidiary in London, LOGOS Legal Services Ltd., provided legal advice to Origo hf. in connection to its sale of a 55% shareholding in Tempo ehf.
Legal advice to CCP hf.
LOGOS acted for the shareholders of CCP hf., a developer of interactive entertainment, in the acquisition of the company by Pearl Abyss, a listed South Korean video game developer,
LOGOS has been rated an exemplary business by Creditinfo rating agency
LOGOS has made Creditinfo’s list of exemplary business for the operating year 2017 (Strongest in Iceland), which was presented at Harpa conference hall on 14 November last. The list includes 857 businesses, or 2% of all listed companies in Iceland.
LOGOS ranked top by IFLR1000
IFLR1000 has just published its rankings for 2018 and in the Financial and Corporate category, LOGOS’ services are described as exemplary. LOGOS therefore continues to be a Top Tier firm in Iceland, according to the IFLR1000.
SUPREME COURT VICTORY
LOGOS congratulates Síminn hf., an Icelandic telecom company, in it‘s victory in Sýn hf. vs. Síminn hf. The case, which started with injunction procedures initiated by Síminn hf. against Sýn hf. (trading as Vodafone in Iceland) in 2015, came to an end on 18 October, when the Supreme Court of Iceland handed down a judgment, accepting all demands by Síminn hf.
Article by Hjordis Halldorsdottir
Article by Bjarnfredur Olafsson
LOGOS Associates great achievement
Interview with HELGA M ÓTTARSDÓTTIR
Viðskiptablaðið (Weekly Business review in Iceland) published today an interview with Helga M Óttarsdóttir Managing Partner at LOGOS. The general topic of the interview is; being a lawyer in Iceland and about the future of lawyers.
LOGOS recommended as a TOP-TIER FIRM
<p>We are proud to announce that LOGOS remains a Legal 500 recommended top-tier firm in the categories below and that so many of our team have been listed in the elite “Leading lawyers” list and come recommended by the Legal 500, and our latest partner, Áslaug Björgvinsdóttir, is listed in the “Next generation lawyers” list, a guide to promising up-and-coming lawyers.</p>
Article by Jon Elvar Gudmundsson
Sérstakur skattur á innlenda aðila sem fá erlent lánsfé article by Jon Elvar Gudmunsson Partner at LOGOS was published in Viðskiptablaðið (a weekly business news publication in Iceland) on April 1st.
Process of ISAL
We have advised Rio Tinto in the sale process of ISAL, which runs an aluminium plant in Iceland. This week Norsk Hydro made a binding offer to acquire 100% share of ISAL. Our team, led by partners Hjordis Halldorsdottir and Gudbjorg Helga Hjartardottir, congratulate all involved on this landmark milestone in the process.
LOGOS advises Kaupthing on its sale of shares in Arion Bank.
LOGOS advised Kaupthing when it sold a 5.34% stake in Arion Bank last week. The stake was sold to a number of Icelandic funds and two foreign investors. Other advisors in the transaction included Kvika Bank and the foreign law firm White & Case.
Article by Aslaug Bjorgvinsdottir in Morgunblaðið
Chambers Europe 2018
Chambers Europe has published its annual guide to the best law firms in Iceland for 2018 and yet again they have ranked LOGOS as one of the top firms. We are ranked in band 1 in the following categories:
Chambers and Partners ratings for 2018
Chambers and Partners have announced its ratings for this year (Chambers Global 2018) and below are the highlights:
Article by Erlendur Gíslason
Getur alþjóðasamningur leit til lægri flugfargjalda article by Erlendur Gíslason Partner at LOGOS was published in Viðskiptablaðið (a weekly business news publication in Iceland) today.
VIS Insurance and Atafl acquitted in the Supreme Court
VIS insurance and Atafl were acquitted in the Supreme Court of all claims made due to an accident that occurred during the preparation of a discharge of a fork lift from a truck. The court believed it was not proven how the accident happened and if it was connected to the truck or its use. Ólafur Eiríksson, attorney at LOGOS legal services, acted as counsel for both defendants before the Supreme Court.
Kvika banki hf. acquitted of all claims made by ET sjón ehf.
Kvika banki hf. was acquitted of all claims made by ET sjón ehf. before the District Court of Reykjavik on 24 January 2017. A claim had been made for roughly ISK 301 million due to loss which ET sjón ehf. felt it had suffered in relation to insufficient consultancy services carried out by Kvika banki hf.’s predecessor.
Hjördís Halldórsdóttir' presentation at IT conference, UTmessan in Reykjavik
At the recent IT conference in Harpa Conference Center in Reykjavik, UT Messan, one of the partners at LOGOS, Hjordis Halldorsdottir, gave a presentation on profiling and automated decision making, or decisions by artificial intelligence (AI). The new Act on Data Protection addresses both and places certain demands on businesses that are important to be aware of, especially if the plan is to automate business processes and utilise AI in the business.
New articles by LOGOS' Partners
Um eignaskatta, artcile by Jón Elvar Guðmundsson published in Viðskiptablaðið (A weekly busniess news publication in Iceland) on October 26th. Jón Elvar specialises in Tax law and is writing about potential difficulties in imposing net wealth taxes due to consitutional issues in his article.
LOGOS' 110 year anniversary celebration
November 9th LOGOS held a party to celebrate its 110 year anniversary.
In 1907 Sveinn Björnsson (later the first president of Iceland) established the Counsel Office. The Counsel Office was also the first law firm ever opened in Iceland. In the year 2000, The Counsel Office merged with another law firm called Adalsteinsson and Partners, which was established in 1969 by Ragnar Adalsteinsson. This marked the beginning of LOGOS.
Lifting of Capital Controls
On March 14th 2017, new rules issued by the Central Bank of Iceland came into effect, lifting the capital controls which have been in force in Iceland since October 2008.
The new rules are structured as general exemptions from the provisions of the Act on Foreign Exchange. Although the new rules are intended to effectively lift the capital controls, a few issues remain to be further clarified by the Central Bank. Furthermore, certain cross-border transactions remain subject to notification to, or conformation by, the Central Bank of Iceland.
Iceland Innovation and Growth Forum 2017
LOGOS announces the promotion of three new partners with effect from 1 January 2017. Mrs Áslaug Björgvinsdóttir is based in the Reykjavik office and Mrs Anna Huxster and Mrs Claire Broomhead are new partners in the London office. Each brings a different blend of talent, expertise and experience to the partnership which will further strengthen the position of LOGOS as the leading law firm in Iceland with a strong team in its London office
Amendments to the data protection legislation
In September LOGOS and Microsoft Iceland held a meeting about amendments to the data protection legislation.
LOGOS LONDON OFFICE RANKED AS TOP-TIER FIRM BY LEGAL500 UK
We‘re pleased to announce that LOGOS has been recommended as a top-tier firm by the Legal 500 UK in the category ‘Foreign Firms – European firms in London – Scandinavia.
Chapter on Iceland in Private Antitrust Litigation Global Guide 2016/17
Helga Melkorka Óttarsdóttir and Gunnar Sturluson recently wrote a chapter on Iceland for Thomson Reuters's Private Antitrust Litigation Global Guide 2016/17. The chapter: Private antitrust litigation in Iceland: overview has been published online and can be accessed here: Private antitrust litigation in Iceland: overview
Top-tier firm by the Legal500 United Kindom 2016
We‘re pleased to announce that LOGOS has been recommended as a top-tier firm by the Legal 500 UK in the category ‘Foreign Firms – European firms in London – Scandinavia’, thus joining our office neighbours Thommessen and Kromann Reumert, as well as the Norwegian firm Wikborg Rein.
Gudmundur Oddsson and Gunnar Thor Thorarinsson have also been recommended as leading lawyers in the same category.
The Legal500 UK bases its rankings on the strength of the team and the consistent strength of the team as well as contacts and credibility of top clients, capacity for large transactions/matters and prestigious clients, among other things.
We also wish to thank our clients for giving us such consistently good feedback on our work for them.
The Legal 500 United Kingdom 2013
In The Legal 500 United Kingdom 2013 editorial, LOGOS Legal Services in London has been recommended as a top-tier firm in the category FOREIGN FIRMS IN LONDON. Guðmundur Oddsson has also been recommended as a leading lawyer.