Category: News

Operational Loans and Commission Fraud

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.

COVID-19 Tracking Apps and Privacy

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 »

Legal 500 ranks LEX as a top tier firm

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 »

Trademarks in the Time of Coronavirus

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.

Maintaining the Circulation of Capital

LEX Lögmannsstofa

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.

Legal challenges due to pandemic

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 »

Moratorium – an important legal resource in times of uncertainty

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 »

New partners at LEX

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 »

Disclosure requirements of listed companies in uncertain times

Stefán Orri Ólafsson, partner at LEX wrote an article in today’s Fréttablaðið, an icelandic newspaper, where he examines the disclosure requirements of listed companies in uncertain times in connection with the COVID-19 virus.

Icelandic Data Protection Authority imposes Administrative Fine for the first time

Erla S. Arnadottir, partner, and associates Maria Kristjansdottir and Lena Markusdottir just published an article in the Icelandic newspaper Fréttablaðið where they discuss the juncture that occurred on 10th of March when the Icelandic Data Protection Authority made the decision to impose an administrative fine for the first time on two entities. Such an authorization… Read more »