Restructuring and Insolvency

Our lawyers have many years’ experience in assisting clients plan for and react to financial difficulties. We were one of the key firms involved in handling the fallout from the 2008 financial collapse in Iceland. This included advising the liquidators of fallen banks, creditors, and other operational companies and investors affected by the collapse.

Our breadth of experience and knowledge in this field of law enables us to help clients plan when entering into transactions, including identifying and mitigating the risks where relevant.

We are also experts in advising clients when financial difficulties have already arisen, assisting both debtors and creditors to take appropriate action at each stage to seek to preserve value.

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