News

BBA//Fjeldco contributes to The Legal 500 Country Comparative Guide

Baldvin Björn Haraldsson, partner, and Stefán Reykjalín, senior associate, contributed to The Legal 500 Country Comparative Guide, a guide providing an overview of M&A laws and regulations in various countries of the world.

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BBA//Fjeldco gets an impressive ranking as a Top Tier Firm.

In the latest Edition of IFLR100 – The Guide of the World´s Leading Financial Law Firms, BBA//Fjeldco gets an impressive ranking as a Top Tier Firm. We feel honored and grateful for our impressive ranking and remain committed to making continuous improvements to our services and maintaining our position as a market leader.

Here you can read more about their impressive ranking.

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Webinar on Legal Aspects and Challenges of Geothermal Industrial Parks

Baldvin Björn Haraldsson, partner, and Antoine Lochet, counsel, discussed the Legal aspects and Challenges of geothermal industrial parks via webinar organized by the U.S. Energy Association (USEA) and the U.S. Agency for International Development (USAID)

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Páll Jóhannesson joins BBA//Fjeldco

We are really pleased to announce that Pall Jóhannesson has joined our growing team of legal experts. Mr. Jóhannesson will lead the BBA//Fjeldco specialised tax consultancy office. Tax issues are becoming an increasingly important component of legal advice and Mr. Johannesson and his team will enable BBA/Fjeldco to provide its clients with tax consultancy services of the highest quality.

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BBA//Fjeldco retains its top-tier ranking in The Legal 500

One of the legal profession's most well reputed ratingagencies, Legal 500, has just published its ratings for 2020. Once again BBA//Fjeldco is top rated within all of the firms main practice areas.

Here you can read more about their impressive ranking

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BBA//Fjeldco advises Reykjavík DC on an electricity contract with Landsvirkjun for the delivery of up to 12 MW to a new data center at Korputorg in Reykjavík

On 18 December 2019 Landsvirkjun (theNational Power Company) and Reykjavík DC hf., a new high-tech data centre inReykjavik, entered into a power purchase agreement pursuant to which Landsvirkjun shall provide electricity to the data centre up to 12 MW. Theagreement is no. 10 which Landsvirkjun has entered into with a customer whichis defined as a power-intensive user and the agreement is certified as agreen power purchase agreement. That means that Reykajvík DC hf. isprovided with guarantees of origin which confirm that the purchased electricityderives from renewable energy sources.

Lawyers Bjarki Diego and Tómas MagnúsÞórhallsson assisted and provided Reykjavík DC hf. with legal advice during the negotiations with Landsvirkjun.

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European Energy Handbook 2019-2020

BBA//Fjeldco contributed to the European Energy Handbook 2019-2020, published by Herbert Smith Freehills, by writing an overview of the legal andregulatory framework in Iceland and providing information on recentdevelopments in the Icelandic energy market.

The European Energy Handbook provides an in-depth survey of currentissues in the energy sector in 42 European jurisdiction.  This year´sedition covers issues such as the Energy Union, the adoption of the latestpackage of EU energy legislation, and the 'Clean Energy for All Europeans'bundle of directives and regulations updating the EU's energy policy frameworkto facilitate the decarbonisation of the sector and the transition towardscleaner energy.

Recent developments in the Icelandic energy market include the ClimateStrategy, announced by the Icelandic Government in September of 2018, to helpIceland meet its Paris Agreement targets for 2030 and reach the Government´sambitious aim to make Iceland carbon neutral before 2040. Furthermore, Icelandactively participated to the creation of the Global Geothermal Alliance whichaspires to achieve a 500% increase in global installed capacity for geothermal  power generation and a 200% increasein geothermal heating by 2030.

The article was written by Baldvin Björn Haraldsson, partner, AntoineLochet, counsel and Anna Björg Guðjónsdóttir, associate, all of BBA//Fjeldco,Reykjavík.

https://www.herbertsmithfreehills.com/latest-thinking/european-energy-handbook-2019-2020

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CLAIRE BROOMHEAD NEW PARTNER AT BBA//FJELDCO LONDON OFFICE

We are pleased to announce that Claire Broomhead has joined BBA//Fjeldco as partner at the London office. Claire has extensive experience in corporate law, M&A, joint ventures, restructuring and general corporate advisory and has worked on many of the largest corporate transactions in Iceland since 2011. Claire has previously worked with Eversheds in the UK,Mallesons Stephen Jaques in Sydney and Logos in the UK.  We are very happy to have such talent joining our team and we are confident that Claire's expertise and experience will boost the  representation of BBA//Fjeldco in London and further strengthen the international capabilities of the firm.

The international qualifications of the BBA//Fjeldco team and the London office, combined with extensive network of international law firms, banks and investment funds, makes BBA//Fjeldco the natural starting point in any business transactions between Iceland and UK as well as other international dealings.

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New experts have joined the BBA//Fjeldco team

Two new experts have joined the team at BBA//Fjeldco, Sölvi Sölvason, attorney and former director of Corporate Banking at Arion Bank, and Thorbjörg Ásta Leifsdóttir, former member of the Competition Law Division of Kromann Reumert in Denmark. With this recruitment we aim to increase our expertise in competition law and further deepen the firm’s specialization and service in the field of corporate finance. 

Sölvi worked as a director at Arion Bank since 2010 and previously worked at Íslandsbanki Bank, Kaupþing Bank and Kaupthing Bank Luxembourg. Sölvi has man years’ experience in working with financial corporations and will oversee a specialized team at BBA//Fjeldco, which will concentrate on financing agreements for the firm’s clients.

Thorbjörg Ásta Leifsdóttir has extensive experience in competition law and in the recent years she has worked with the Competition Law Division of Kromann Reumert, one of Denmark’s leading law firms. Thorbjörg graduated with a BA degree in law from the University of Reykjavik in 2015 and has a master’s degree in law from the University of Copenhagen since 2017.

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1 OCTOBER 2019

We are pleased to announce that the merger of the two leading corporate law firms in Iceland, BBA and Fjeldco, took effect today, resulting in the law firm BBA//Fjeldco.  

The merger creates a first-class, full-spectrum corporate law firm, being the obvious choice when complex and demanding corporate legal services are needed, whether local or international.  

BBA//Fjeldco has over 25 specialized business lawyers, with qualifications in Iceland, England, France and New York. The new firm will have offices in Reykjavik and London, together with operations in France.  

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BBA and Fjeldsted & Blöndal Announce a Strategic Merger

Both BBA and Fjeldco have been legal advisors on most of the largest transactions and projects in Iceland in recent years, such as a number of corporate finance, infrastructure, M&A, real estate, telecommunications and energy projects. The merger is strategic and results in two leading corporate firms joining forces in offering first-class, full-spectrum corporate legal services and being the obvious choice when complex and demanding corporate legal services are needed, whether local or international. The merged firm will be called BBA // Fjeldco, with offices in Reykjavik and London, together with operations in France. The firm will have over 25 lawyers with qualifications in Iceland, England, France and New York.

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BBA//FJELDCO is ranked as a leading law firm in Iceland by Chambers Global 2019

One of the legal profession's most well reputed rating agencies, Chambers & Partners, has just published its ratings for 2019. Once again BBA//Fjeldco is top rated within all of the firms main practice areas.

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BBA//FJELDCO  is top ranked with IFLR1000

In the latest Edition of IFLR100 – The Guide of the World´s Leading Financial Law Firms, BBA//Fjeldco gets an impressive ranking as a Top Tier Firm.

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BBA//FJELDCO publishes an updated Geothermal Transparency Guide

The Geothermal Transparency Guide is now an online tool intended to provide an insight into the legal frameworks governing exploration and development of geothermal energy, as well as an overview of data on energy production and capacity.

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