IFLR1000 Ranking for 2022

The IFLR1000 Financial & Corporate and Project Development rankings are now live and we’re excited to share that LOGOS legal services has once again been

Benedikt Egill Arnason is the new managing partner at LOGOS

Benedikt Egill Arnason, attorney at law and partner of the firm, has been appointed as LOGOS’ managing partner. He succeeds Thorolfur Jonsson,

Legal 500 results for 2022

The Legal 500 EMEA 2022 just launched their results, and we are proud to announce that LOGOS Legal Services is a top-rated law firm within all nine categories rated in Iceland.

Chambers Europe results for 2022

Chambers and Partners has just published their 2022 Europe Rankings and we are very proud to have been recognised as a leading law firm once again.

Chambers Global ranking for 2022

Chambers and Partners has just published their 2022 Global Rankings and we are very proud to have once again been recognised as a leading law firm.

Lex Mundi - Guide to doing business

LOGOS is proud to be the exclusive member firm in Iceland for Lex Mundi - the world’s leading network of independent law firms with in-depth experience in 125+ countries worldwide.

Strongest and Excellent in Iceland

LOGOS is one of the strongest companies in Iceland 2021 according to Creditinfo. The award is largely based on companies‘ strong foundations for a prolonged time and their ability to improve the benefits of its investors and shareholders.

Transposition of MAR, MIFID II, PSD 2 and UCITS V

Recently, the Icelandic Parliament has approved a number of legislations in the field of financial regulation, inter alia for the purpose of implementing European legislation into domestic law.

IFLR 1000' Woman Leaders

Congratulation to Helga Melkorka Óttarsdóttir, Partner at LOGOS Legal Services, nominated as one of the IFLR1000’s Women Leaders for 2021.

Legal 500 rankings

LOGOS Legal Services once again ranks Top Tier Firm in several categories in The Legal 500 EMEA 2021 edition. 

Draft bill for a new Act on Payment Services (PSD2)

On 9 March 2021, the Minister of Finance and Economic Affairs’ introduced to Parliament a bill for a new Act on Payment Services.

Chambers Global rankings 2021

Chambers Global has just published their findings for this year and LOGOS remains in Band 1 in the two categories ranked


LOGOS in the UTmessan

LOGOS will once again participate in the UTmessan, one of the largest IT events in Iceland - All virtual this time!

The Green Thunder – Giant Changes to Financial Markets

Festa – Center for Sustainability hosted an online event last Friday in collaboration with the Icelandic Pension Funds Association and the Icelandic Financial Services Association.

Cape Town Convention enters into force in Iceland. Excerpts

On 25 June 2019, the Icelandic Parliament enacted a law enabling the government to ratify the Convention on International Interests in Mobile Equipment (“Convention”) and the Protocol

Changes to the Icelandic Competition Act

The Icelandic newspaper Fréttablaðið published an article were Halldór Brynjar Halldórsson and Helga Óttarsdóttir discuss recent changes to the Icelandic Competition Act.

Excellent in Iceland

Earlier this month, LOGOS once again received the Fyrirmyndarfyrirtæki í rekstri (Excellent in Iceland) recognition.

LOGOS ranked Top tier firm by IFLR 1000

IFLR 1000 has just published their findings and LOGOS continues to be ranked as a Top Tier firm in Iceland in both 

Strongest in Iceland and Excellent in Iceland

LOGOS is one of the strongest companies in Iceland 2020 according to Creditinfo. The award is largely based on companies‘ strong 

Iceland ratifies the Cape Town Convention

On Friday August 21st, LOGOS sent a newsletter to selected clients regarding ratification of the Cape Town Convention in Iceland. The newsletter can be read here.

Intended proposal of a new Act on Payment Services (PSD2)

On 16 July 2020 the Minister of Finance and Economic Affairs’ published its intentions to propose a bill for a new Act on Payment Services. The aim is to implement EU Directive no. 2015/2366 (PSD2) 

New Act on Temporary Measures on Financial Restructuring of Businesses

Here you can read a newsletter sent out today by LOGOS' financial team.

Transposition of AIFMD in Iceland

On 11 May 2020 the Icelandic Parliament (Althingi) passed a bill implementing the Alternative Investment Funds Managers Directive (of the European Parliament and of the Council no. 2011/61/EU). 

Temporary provisions on financial restructuring of businesses – permanent changes to the status of secured creditors in composition proceedings

Here you can read a newsletter sent out today by LOGOS' financial team.

Lifting of restrictions upon entry to Iceland during COVID-19

Following the recent months of turmoil caused by the outbreak of the coronavirus, restrictions are slowly being lifted in Iceland. 

The impact of COVID-19 on contract law

The COVID-19 pandemic may have various impact on contractual rights and obligations under construction law, such as the lack of workers and materials.

The Impact of COVID-19 on disclosure of listed companies

In light of the impact of the COVID-19 pandemic, it is clear that listed companies need to take special note of their disclosure obligation . In this summary, you will find a list of frequently asked questions with brief answers, 

Performance and potential default under contractual obligations in times of COVID-19

Following the COVID-19 outbreak, many states have taken extensive measures to limit further spreading of the virus. The pandemic will have various implications,

Tax and punishment

Viðskiptablaðið (Weekly business news in Iceland) published an article by Bjarnfredur Olafsson Partner at LOGOS last week. Bjarnfredur who specialises in tax law is writing about tax and punishment in Iceland.

Does COVID-19 affect the assessment of mergers?

COVID-19 has severely affected the economy in Iceland as well as other countries. Needless to say, many companies are suffering in the current economy, and their future is uncertain.

Ban on short selling in the times of COVID-19

It would be an understatement to say that the COVID-19 pandemic has but its mark on capital markets. The primary indices have more or less been lit red since late February.

Legislative changes following the COVID-19 pandemic

On March 19 the Icelandic parliament (Althingi) resolved to abolish the Parliament's work schedule up to and including April 20. During this period, Althingi will only deal with matters related to the COVID-19 pandemic.

EEA decision on descriptions of securities

On 1 April Regulation (EU) 2017/1129 of the European Parliament and of the Council of 14 June 2017 on the prospectus to be published when securities are offered to the public or admitted to trading on a regulated market (the Prospectus Regulation) will be transposed into Icelandic law.

The status of transposition of PSD2 into Icelandic national legislation

Two years have passed from the deadline for Member States of the European Union to transpose Directive 2015/2366 on Payment Services into their respective national legislation.

First North – the next step

For the second year in a row, LOGOS, along with the New Business Venture Fund, KMPG and Kvika Bank, are working in collaboration with Nasdaq in Iceland on their project „First North – the next step.“

Siminn acquitted of Syn’s claims

LOGOS acted on behalf of Siminn hf. in the Court of Appeals last Friday, 8 November where Siminn hf. was acquitted of an ISK 898 million compensation claim plus penalty interests made by Syn hf.

Strongest in Iceland and Excellent in Iceland

Creditinfo has evaluated LOGOS as one of the strongest companies in Iceland for 2019. This is the fourth year in a row in which LOGOS is awarded in the category of Icelandic companies.

IFLR1000 results for 2020

IFLR1000 has recently published their findings. LOGOS Legal Services continues to be ranked as a Top Tier Firm in both of their categories (Financial & Corporate and Project Management).

Icelandic Parliament authorizes the ratification of the Cape Town Convention

LOGOS is pleased to brief you that by a legislative act No. 74 of 25 June 2019 the Icelandic Parliament authorized the ratification by the Government of Iceland 

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

Mr Halldor Brynjar Halldorsson has been made partner at LOGOS. He started working at LOGOS in 2007 and joined the firm full time in 2009 when he graduated with an ML in law from Reykjavik University in 2009.

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.


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

Viðskiptablaðið (Weekly business news in Iceland) published an article by Hjordis Halldorsdottir Partner at LOGOS on October 25th. Hjordis who specialises in IP/IT law and Data Protection is writing about "cookies" in her article, Eru allir að klúðra kökunum?

Article by Bjarnfredur Olafsson

Viðskiptablaðið (Weekly business news in Iceland) published an article by Bjarnfredur Olafsson Partner at LOGOS today. Bjarnfredur who specialises in tax law is writing about tax inspection in his article, Vandi skattrannsókna.

LOGOS Associates great achievement

Hildur Hjörvar, Associate at LOGOS is the first student to get all four recognitions for academic achievement in the faculty of law at The University of Iceland. Morgunblaðið has an article about Hildur in today's paper:  Fyrst til að hljóta öll verðlaun deildarinnar


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 &ldquo;Leading lawyers&rdquo; list and come recommended by the Legal 500, and our latest partner, &Aacute;slaug Bj&ouml;rgvinsd&oacute;ttir, is listed in the &ldquo;Next generation lawyers&rdquo; list, a guide to promising up-and-coming lawyers.</p>

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.

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:

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

Gudmundur J Oddsson head of LOGOS‘ London office will partake in Iceland Innovation and Growth Forum 2017 held in London on 6th and 7th of November. Gudmundur will be on panel with a few other leaders of Icelandic firms who have successfully scaled in the UK.

Partner Announcement

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.


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.