Foss legal ǀ finance

Foss legal | finance is a dedicated, independent Icelandic legal and financial services firm.

Foss legal ǀ finance provides individuals, companies and organisations with comprehensive services within the fields of law and finance. As such the firm is equipped to provide broad multidisciplinary advice in relation to resolution of client matters.

The legal practice of the firm extends to all key commercial aspects, focusing on domestic and international transaction advice, business and corporate law as well as dispute resolution. 

The finance practice of the firm focuses on corporate finance, business and transaction services to a targeted client base of small and medium-sized companies and investors.

Key practice areas

The team has a wide range of knowledge and expertise on many fields of law and finance, with the main focus areas being the following: 

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Debt collection and Bankruptcy law

Debt collection and Bankruptcy law
Foss legal ǀ finance provides advice to individuals and companies in relation to debt collection, debt settlement and payment difficulties. The firm undertakes negotiations with creditors with the aim to achieve a permanent solution to exiting difficulties. Advice in this field relates to moratoriums, compositions and bankruptcy proceedings, settlement agreements, claim filings, settlements, collection and litigation as well as dispute resolution.
fjarmala

Business and Company law

Business and Company law
Foss legal ǀ finance provides comprehensive services relating to business and company law, to individuals and companies. The services include advisory in relation to banking, securities trading, company formations, financing, shareholders agreements, mergers and acquisitions, takeovers etc. Foss legal ǀ finance has decades of experience as in-house counsels and experts in asset management and corporate finance in banks and financial services companies. The employees of the firm have also acted as members of the board of directors in domestic and foreign companies.
sakamal

Criminal law and Procedure

Criminal law and Procedure
Foss legal provides criminal defense services in all kinds of criminal cases as well as providing representation for victims of crimes. Those subject to criminal proceedings are in all cases entitled to criminal defense, both under investigation and before the courts. Foss legal has extensive expertise in criminal cases and criminal law with staff having been lecturers in criminal procedure at the Law Faculty of the University of Reykjavík.
endurskipulagning

Corporate finance and Restructuring

Corporate finance and Restructuring
Foss legal ǀ finance has a vast experience in the field of corporate finance. The firm provides a wide range of services such as financial advisory, assistance in relation to financing, financial restructuring, company acquisitions and disposals, mergers and acquisitions and any form of contracts relating thereto.

Financial and operational assessment

Financial and operational assessment
Foss finance provides clients with general business assessment, such as with general assessment of operations, assistance with operational problems as well as an assessment of business opportunities. The firm furthermore provides general advice in relation to a wide range of financing of companies, investments and projects, including assessment of available financing options.
vernd_1

Legal representation and Human rights

Legal representation and Human rights
Foss legal provides individuals, interest groups and companies advice on matters related to the protection of human rights, whether established by law, the constitution or International treaties.

Family and inheritance law

Family and inheritance law
Foss legal provides a variety of services in relation to family and inheritance law, such as drafting of prenuptial agreements, divorce and separation, custody and visitation rights, drafting of testaments, estate-related matters, matters related to legal capacities etc.
skipulagning

Real Estate

Real Estate
Foss legal ǀ finance provides services in relation to purchase and sale of properties as well as advice on disputes in relation to such transactions as a result of default or defects. Furthermore, the employees of the firm have extensive experience in operations of property companies, restructuring of property companies as well as acquisition and sale of such companies. The firm also provides advice on planning law, housing co-operation as well as rental laws.
fjolskylda

Corporate M&A and transaction services

Corporate M&A and transaction services
Foss legal | finance provides clients comprehensive services in relation to acquisitions, sale and merger of companies. This includes services relating to assessment of investment opportunities, carrying out due diligence, assessment of financing possibilities, negotiations and drafting of agreements and oversight of transactions completion.
Asset 7

Dispute Resolution

Dispute Resolution
Foss legal provides comprehensive services in relation to dispute resolution. Such services include proceedings in the Icelandic Courts, as well as mediation, proceedings in arbitration and before public authorities.
Debt collection and Bankruptcy law
Foss legal ǀ finance provides advice to individuals and companies in relation to debt collection, debt settlement and payment difficulties. The firm undertakes negotiations with creditors with the aim to achieve a permanent solution to exiting difficulties. Advice in this field relates to moratoriums, compositions and bankruptcy proceedings, settlement agreements, claim filings, settlements, collection and litigation as well as dispute resolution.
Business and Company law
Foss legal ǀ finance provides comprehensive services relating to business and company law, to individuals and companies. The services include advisory in relation to banking, securities trading, company formations, financing, shareholders agreements, mergers and acquisitions, takeovers etc. Foss legal ǀ finance has decades of experience as in-house counsels and experts in asset management and corporate finance in banks and financial services companies. The employees of the firm have also acted as members of the board of directors in domestic and foreign companies.
Criminal law and Procedure
Foss legal provides criminal defense services in all kinds of criminal cases as well as providing representation for victims of crimes. Those subject to criminal proceedings are in all cases entitled to criminal defense, both under investigation and before the courts. Foss legal has extensive expertise in criminal cases and criminal law with staff having been lecturers in criminal procedure at the Law Faculty of the University of Reykjavík.
Corporate finance and Restructuring
Foss legal ǀ finance has a vast experience in the field of corporate finance. The firm provides a wide range of services such as financial advisory, assistance in relation to financing, financial restructuring, company acquisitions and disposals, mergers and acquisitions and any form of contracts relating thereto.
Financial and operational assessment
Foss finance provides clients with general business assessment, such as with general assessment of operations, assistance with operational problems as well as an assessment of business opportunities. The firm furthermore provides general advice in relation to a wide range of financing of companies, investments and projects, including assessment of available financing options.
Legal representation and Human rights
Foss legal provides individuals, interest groups and companies advice on matters related to the protection of human rights, whether established by law, the constitution or International treaties.
Family and inheritance law
Foss legal provides a variety of services in relation to family and inheritance law, such as drafting of prenuptial agreements, divorce and separation, custody and visitation rights, drafting of testaments, estate-related matters, matters related to legal capacities etc.
Real Estate
Foss legal ǀ finance provides services in relation to purchase and sale of properties as well as advice on disputes in relation to such transactions as a result of default or defects. Furthermore, the employees of the firm have extensive experience in operations of property companies, restructuring of property companies as well as acquisition and sale of such companies. The firm also provides advice on planning law, housing co-operation as well as rental laws.
Corporate M&A and transaction services
Foss legal | finance provides clients comprehensive services in relation to acquisitions, sale and merger of companies. This includes services relating to assessment of investment opportunities, carrying out due diligence, assessment of financing possibilities, negotiations and drafting of agreements and oversight of transactions completion.
Dispute Resolution
Foss legal provides comprehensive services in relation to dispute resolution. Such services include proceedings in the Icelandic Courts, as well as mediation, proceedings in arbitration and before public authorities.

The Team

RB
Ragnar Björgvinsson

Work experience:

2019 -Foss legal | finance (Partner)
2014 - 2019Glitnir HoldCo ehf. (General Counsel, Executive Director)
2009 - 2014Glitnir HoldCo ehf. (Legal Counsel)
2008 - 2009Directorate of Internal Revenue (Lawyer)

Education:

2005 - 2010Cand. Jur. from Reykjavik University Department of law  (First class honour)
2001 - 2005College degree from the Commercial College of Iceland

Qualification:

2020Licence to practise before the Court of Appeal
2010Licence to practise before the District Courts

Other activities:

2013 - 2018Member of the Board of Directors of Lyfja hf., a licensed pharmacy chain in Iceland
KF
Karólína Finnbjörnsdóttir

Work experience:

2019 -Foss legal | finance (Partner)
2017 - 2018LMB Mandat law firm (Attorney, Associate)
2015 - 2017The Ministry of Interior's Rehearing Committee (Lawyer)
2010 - 2015Office of the Special Prosecutor (Deputy Prosecutor)

Education:

2005 - 2010Cand. Jur. from Reykjavik University Department of law

Qualification:

2019Licence to practise before the District Courts

Teaching:

2015 -Lecturer in Criminal Procedure at Reykjavik University, Department of Law

Publications:

2012Lögrétta Law Review: "Entrapment - Test of legality" (2012)

Other activities:

2018 -Deputy board member of Íslensk verðbréf hf. (Icelandic securities hf.)
2013 - 2016Board member of the Icelandic Association of Prosecutors
2008 - 2015Board member of Codex Publishing, publisher of law books (Chairman of the board 2013-2015)
SAV
Snorri Arnar Viðarsson

Work experience:

2019 -Foss legal | finance (Partner)
2008 - 2018Glitnir Holdco ehf. (Executive Director, Asset Recovery)
2004 - 2008Íslandsbanki hf. (Senior Credit Manager, International Corporate Lending)

Education:

2004School of business and social sciences at Aarhus University (M.Sc. in finance and international business)
2001University of Iceland (B.Sc. in business administration)

Other activities: 

2015 -Board member of Genís hf., Icelandic biotechnology company
2015 - 2017Board member of Breiðablik football club
2014 - 2017Board member of Stoðir hf., Icelandic investment company
2015 - 2017Board member of City Center Properties AS, Norwegian property company
2015 - 2016Board member of Nopco Paper Technology AS, Norwegian pulp and paper industry company
2013 - 2016Board member of Nýr Norðurturn hf., Icelandic property company
2013 - 2015Board member of Holistic House Orestad, Danish property company
2012 - 2014Board member of Lyfja hf., Icelandic licensed pharmacy chain
SG
Sigþór H. Guðmundsson

Work experience:

2020 -

Foss legal | finance (Partner)

2010 - 2019

Reviva Capital S.A., Luxembourg (Executive Director, General Counsel)

2006 - 2010

Glitnir Bank Luxembourg S.A. (Executive Director, Chief Legal Counsel)

1999 - 2006Glitnir banki hf., Iceland (Senior Legal Counsel)

Education:

1993 - 1999Cand. Jur. from Law Faculty of University of Iceland
1989 - 1993College degree from the Commercial College of Iceland

Qualification:

2001Certified securities broker in Iceland 
2000

Licence to practise before the District Courts

 

 

RB
Ragnar Björgvinsson

Work experience:

2019 -Foss legal | finance (Partner)
2014 - 2019Glitnir HoldCo ehf. (General Counsel, Executive Director)
2009 - 2014Glitnir HoldCo ehf. (Legal Counsel)
2008 - 2009Directorate of Internal Revenue (Lawyer)

Education:

2005 - 2010Cand. Jur. from Reykjavik University Department of law  (First class honour)
2001 - 2005College degree from the Commercial College of Iceland

Qualification:

2020Licence to practise before the Court of Appeal
2010Licence to practise before the District Courts

Other activities:

2013 - 2018Member of the Board of Directors of Lyfja hf., a licensed pharmacy chain in Iceland
KF
Karólína Finnbjörnsdóttir

Work experience:

2019 -Foss legal | finance (Partner)
2017 - 2018LMB Mandat law firm (Attorney, Associate)
2015 - 2017The Ministry of Interior's Rehearing Committee (Lawyer)
2010 - 2015Office of the Special Prosecutor (Deputy Prosecutor)

Education:

2005 - 2010Cand. Jur. from Reykjavik University Department of law

Qualification:

2019Licence to practise before the District Courts

Teaching:

2015 -Lecturer in Criminal Procedure at Reykjavik University, Department of Law

Publications:

2012Lögrétta Law Review: "Entrapment - Test of legality" (2012)

Other activities:

2018 -Deputy board member of Íslensk verðbréf hf. (Icelandic securities hf.)
2013 - 2016Board member of the Icelandic Association of Prosecutors
2008 - 2015Board member of Codex Publishing, publisher of law books (Chairman of the board 2013-2015)
SAV
Snorri Arnar Viðarsson

Work experience:

2019 -Foss legal | finance (Partner)
2008 - 2018Glitnir Holdco ehf. (Executive Director, Asset Recovery)
2004 - 2008Íslandsbanki hf. (Senior Credit Manager, International Corporate Lending)

Education:

2004School of business and social sciences at Aarhus University (M.Sc. in finance and international business)
2001University of Iceland (B.Sc. in business administration)

Other activities: 

2015 -Board member of Genís hf., Icelandic biotechnology company
2015 - 2017Board member of Breiðablik football club
2014 - 2017Board member of Stoðir hf., Icelandic investment company
2015 - 2017Board member of City Center Properties AS, Norwegian property company
2015 - 2016Board member of Nopco Paper Technology AS, Norwegian pulp and paper industry company
2013 - 2016Board member of Nýr Norðurturn hf., Icelandic property company
2013 - 2015Board member of Holistic House Orestad, Danish property company
2012 - 2014Board member of Lyfja hf., Icelandic licensed pharmacy chain
SG
Sigþór H. Guðmundsson

Work experience:

2020 -

Foss legal | finance (Partner)

2010 - 2019

Reviva Capital S.A., Luxembourg (Executive Director, General Counsel)

2006 - 2010

Glitnir Bank Luxembourg S.A. (Executive Director, Chief Legal Counsel)

1999 - 2006Glitnir banki hf., Iceland (Senior Legal Counsel)

Education:

1993 - 1999Cand. Jur. from Law Faculty of University of Iceland
1989 - 1993College degree from the Commercial College of Iceland

Qualification:

2001Certified securities broker in Iceland 
2000

Licence to practise before the District Courts

 

 

Contact us:

Tel:
Email:
Web:

+354 537 5111
fosslogmenn@fosslogmenn.is
fosslogmenn.is

Information

Foss legal ǀ finance
Langholtsvegur 111, 2nd floor, 104 Reykjavík