Month: May 2019

LEX advises Ancala Partners on the acquisition of HS Orka

LEX Lögmannsstofa

Guðmundur Ingvi Sigurdsson, a lawyer at LEX, was a legal advisor to Ancala Partners regarding Ancala Partners’ investments in HS Orka hf. Ancala Partners purchased the shares from Jarðvarmi ehf., a company owned by fourteen pension funds, that owned 33,4% share in HS Orka, after Jarðvarmi had exercised its pre-emptive right to purchase shares in… Read more »

Municipalities win a ground breaking case before the Supreme Court

The Supreme Court today awarded in favour of Grimsnes and Grafnings municipality, in a case filed by Óskar Sigurðsson, a partner at LEX law offices, on behalf of the municipality against the Icelandic state because of the Equalization municipality fund. Four other municipalities, Skorradalshreppur, Hvalfjarðarsveit, Ásahreppur and Fljótsdalshreppur, had filed similar cases against the Icelandic… Read more »