Kári Ólafsson

Practice area
  • Corporate law
  • Banks and financial undertakings
  • Securities law
  • Contract law
  • Obligation law
  • Property law
  • Employment law
  • Contractor law

Education
  • District Court Attorney, 2012
  • University of Iceland, Mag. Jur., 2012
  • University of Copenhagen, Exchange Studies, 2009

LANGUAGES
Icelandic English
Recent cases
Merger between TM hf., Lykill fjármögnun hf. and Kvika banki hf

 BBA//Fjeldco acted as the legal advisors for the merging entites, i.e. TM hf., Kvika banki hf. and Lykill fjármögnun hf. throughout the merger process, which covered all aspects of the deal, including but not limited to drafting of transaction documents, due diligence, competition matters, tax matters, regulatory issues in relation to the Financial Supervisory Authority and NASDAQ OMX Iceland. This is by far the largest and most high profile merger in Iceland in recent years,involving three different types of financial undertakings, an insurance company (TM hf.), a commercial bank (Kvika banki hf.) and a leasing company (Lykill fjármögnun hf.).

Acquisition by Langisjór ehf., of all (100%) of shares issued by Alma íbúðafélag hf.

BBA//Fjeldco provided legal advice to Langisjór ehf. with regards the Langisjór´s acquisition of all shares in Alma íbúðafélag hf. including legal and tax due diligence, negotiating and drafting the share purchase agreement and financing.

Alma íbúðafélag hf. is one of the countries´ largest real estate company which owns and operates over 1100 residential apartments located at the capital area and all around the country. Langisjór ehf. is the parent company of various companies in the food productions and distribution sector including Mata hf., Matfugl ehf., Síld og fiskur ehf., and the investment company Brimgarðar ehf.

Acquisition of Icelandic Iberica

BBA//Fjeldco acted for Iceland Seafood in relation to the acquisition of Icelandic Iberica, one of the leading exporters of fish.  This was one of the biggest takeovers for a listed entity in 2018.

KEA Hotels

BBA // Fjeldco acted as the legal advisor to the investorswhich acquired Keahotels, one of the leading hotel groups in Iceland. BBA //Fjeldco further acted as the lead legal advisor in relation to the financing ofthe transaction.

KORTA

BBA // Fjeldco acted as the legal advisor to the investorswhich acquired KORTA, one of the leading payment service providers in Iceland.

NOVA

BBA // Fjeldco acted as the legal advisor to the investorswhich acquired 50% of the issued share capital of Nova, one of the leadingtelecommunication company in Iceland. BBA // Fjeldco further acted as the leadlegal advisor in relation to the financing of the transaction.

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