LEX has advised John Bean Technologies Corporation (“JBT“) in connection with the combination with Marel hf. (“Marel“) and its admission to trading and official listing on Nasdaq Iceland‘s Main Market. As announced on 20 December 2024, JBT‘s voluntary takeover offer was accepted by Marel‘s shareholders representing approximately 97.5% of all issued and oustanding shares in… Read more »
Orkubú Vestfjarða (e. Westfjord Power Company) and Íslenska Kalkþörungafélagið ehf. (Ískalk) recently signed a milestone agreement for the installation of a new 20 km underground cable from Ísafjörður to Súðavík. The underground cable will replace the current overhead line and will significantly increase the delivery capacity of electricity to Súðavík. The project is intended, among… Read more »
At LEX law offices, we pride ourselves of our strong team of litigators. While we are no strangers to landmark victories in Icelandic courts, the past week has been exceptionally fruitful for our clients. On Friday, November 22nd, the Reykjavík District Court ruled in favour of the Torg Bankruptcy Estate against the Icelandic Government. Represented… Read more »
The Supreme Court confirms that changes to the bylaws of the Pension Fund of Commerce are in accordance with the Icelandic Constitution, the European Convention on Human Rights, and the laws on Pension Funds. Kristín Edwald, attorney, represented the Pension Fund of Commerce, with contributions from attorneys Stefán Orri Ólafsson and Hjalti Geir Erlendsson. … Read more »
Erla S. Árnadóttir wrote an article in Innherji about the recent verdict of the appellate court regarding an infringement of architects copyrights, but it was taken into account that the infringement had served to strengthen the position of the infringer at the expense of the rightholder.
We are very pleased to announce that LEX Law Offices has been nominated as the IP Company of the Yearby the prestigious Global IP Awards. This nomination is based on extensive research conducted by IAM and WTR. Congratulations to our great intellectual property team for their outstanding work in the field of intellectual property law!
Kristinn Ingi Jónsson, lawyer and associate at LEX, recently wrote an article in Innherji, an Icelandic business news site, about share buybacks and the strict conditions set for such buybacks in the EU Market Abuse Regulation.
Erla S. Árnadóttir and Lára Herborg Ólafsdóttir, partners at LEX Law Offices, recently received recognition as IP STARS from the global analysis firm Managing IP for the year 2024. Erla S. is awarded as Trade mark star 2024 as well as now being on the list for Top 250 Women in IP 2024. Lára Herborg… Read more »
Today, JBT Corporation, a global technology solutions provider to high-value segments of the food and beverage industry, launched a voluntary takeover offer for all issued and outstanding shares in Marel hf., following an approval by the Financial Supervisory Authority of the Central Bank of Iceland of an offer document and a prospectus related to the… Read more »
In an article published in the Icelandic business paper Viðskiptablaðið, María Kristjánsdóttir, an attorney at LEX and Heiðrún Marteinsdóttir, CEO of Fisheries Iceland (SFS) discuss the merger procedure in Iceland. Despite changes to the procedural rules in mergers at the end of 2020, the situation in Iceland is still that the ICA had more mergers… Read more »
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