Month: November 2019

Guidance Note on the OneTrust DataGuidance Platform

Foss

Erla S. Arnadottir, partner, and associates Maria Kristjansdottir and Lena Markusdottir just published a Guidance Note on the OneTrust DataGuidance Platform that provides an overview of the interaction between privacy legislation and health and pharma legislation in Iceland. The Guidance Note can be viewed here.

The district court upholds the decision of the Wilderness Committee

In a lawsuit brought by the Icelandic State against clients of LEX, the District Court of the Western Iceland, has upheld the ruling of the Wilderness Committee in favour of LEX’s clients. In the case, the Icelandic state demanded that the decision of the Wilderness Committee in the case 4/2014; Arnarvatnsheiði, Geitland and Langjökull, in… Read more »

Dividends paid by a parent company on the basis net income from subsidiaries considered legitimate

The Appeal Court of Iceland pronounced a judgement in a case brought by Birgir Már Björnsson, Attorney at LEX, on behalf of International Seafood Holdings S.á.r.l. against the state. In the case, it was argued whether the ruling of the Director of Internal Revenue, upheld in the District Court in Reykjavík, should by annulled. The… Read more »