On May 29th a purchase agreement was signed under which the seafood company Brim hf. sold a group of investors in Akranes all share capital in Norðanfiskur ehf. Norðanfiskur specializes in the production, sale and distribution of seafood to restaurants in the domestic market, as well as the sale of consumer packages in stores all… Read more »
Arnar Þór Stefánsson, partner at LEX, wrote an article in the business section of the icelandic newspaper Morgunblaðið today where he discusses the allocation of cases to the judges. There must be a certain understanding for the effectiveness of the judicial system, meaning that it may be appropriate for a particular judge or judges to… Read more »
Kristín Edwald, partner at LEX writes an article the Icelandic media Viðskiptablaðið today, which focuses on partial treasury guaranteed operational loans to businesses that have suffered significant revenue loss due to the COVID-19 situation and the icelandic courts extensive definition of criminal conduct of banks after the financial collapse of 2008.
Lena Mjöll Markusdóttir wrote an article on the icelandic news site Vísir today where she discusses COVID-19 Tracking apps in the context of privacy. Tracking apps may involve the collection and use of personal information. On March 19th. the European Privacy Council announced that privacy rules such as the EU General Privacy Regulation would not… Read more »
The Legal 500 analyses the capabilities of law firms across the world, with a comprehensive research programme revised and updated every year to bring the most up-to-date vision of the global legal market. In the 2020 edition, LEX was ranked in Tier 1 in all nine practice areas, the only Icelandic law office to be… Read more »
María Kristjánsdóttir, attorney at LEX wrote and interesting piece in the Icelandic newspaper Fréttablaðið today. In the article she points out the effect the COVID-19 pandemic is having on trademark applications around the globe, where applicants are attempting to trademark the words COVID-19, pandemic or Corona Virus to identify their products and services.
Örn Gunnarsson, Managing partner at LEX, wrote an article in the icelandic newspaper Viðskiptablaðið yesterday in which he discusses the foreseeable economic crisis following the COVID-19 virus. The crisis is mainly caused by the fact that the circulation of capital has practically stopped and the next major project will be to rebuild the economy.
Arnar Þór Stefánsson wrote an article in the icelandic newspaper Morgunblaðið today where he discusses legal challenges related to the ongoing pandemic. He ponders that when various basic laws of commerce and trade were drawn up that probably nobody had foreseen that such a pandemic that now rages could erupt. It will therefore be an… Read more »
An article by Þórhallur Bergmann, partner at LEX, was published today in the icelandic newspaper Fréttablaðið. Þórhallur discusses moratorium, which is a resource for a debtor that has significant financial difficulties to restructure his finances. In current situation, many companies are subject to income reductions, and this resource, which is covered by Act no. 21/1991… Read more »
LEX held its Annual Meeting on Friday the 27th of March and is pleased to announce our new partners to the firm, Birgir Már Björnsson, Fanney Frímannsdóttir and Lára Herborg Ólafsdóttir Supreme Court Attorney, Birgir Már Björnsson started working at LEX in 2011. In the years 2009 – 2011 he worked for Acta law offices… Read more »
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