Chairman: Baldvin Björn Haraldsson
Managing Director: Elísabet Ingunn Einarsdóttir
Number of partners: 10
Number of lawyers: 27
Languages:Icelandic, English, French, Danish, German, Norwegian
BBA//FJELDCO is the result of a merger of two leading corporate law firms in Iceland, BBA and Fjeldco. The merger creates a first-class, full-spectrum corporate law firm, being the obvious choice when complex and demanding corporate legal services are needed, whether local or international. The merged firms have since 1998 been leading in the field of mergers and acquisitions, capital markets, banking and corporate finance, energy and PFI projects, as well as general corporate and commercial law. The firm has been entrusted by its local and international clients to provide advice on many of Iceland’s biggest and most complicated financing and M&A deals, as well as the country’s most important PFI and energy projects. Its reputation in these areas of legal practice has resulted in a continuous top-tier ranking by all of the major ranking firms during the last decade. The firm has over 25 specialised corporate lawyers, with qualifications in Iceland, England, France and New York. BBA//FJELDCO has offices in Reykjavik and London, together with operations in France.
Main Areas of Practice:
Mergers and Acquisitions are an important part of BBA// FJELDCO’s legal services. We have played a major role in majority of the biggest and most important M&A deals in Iceland in recent years, whether acting for buyers, sellers or financing parties. BBA //FJELDCO is a key player in M&A legal services in Iceland and is confirmed as leading in that field by all the major ranking firms.
Corporate & Commercial:
BBA//FJELDCO is constantly ranked as leading in Iceland on the market of corporate and commercial law. It has advised vast majority of the largest companies in Iceland on their various corporate and commercial issues. The firm’s corporate activities represent the core of its focus and of its services to the businesses operating on the Icelandic market. The firm’s key focus remains on the international aspects of its clients’ operations.
BBA//FJELDCO advises its clients on all aspects of competition law, whether such issues arise in relation to M&A transactions or more generally regarding commercial agreements and market conduct, which may have competition-law relevance. Further, we regularly act for both Icelandic and international clients in their mandatory communication and notices to the Icelandic Competition Authority.
Banking & Finance:
BBA//FJELDCO has vast experience in advising financial institutions and borrowers on all aspects of banking and finance. The firm has an excellent track-record with complex financing structures and the firm is as a result regularly trusted by all the local banks to handle their more complex, multi-jurisdictional financing deals. The firm’s reputable performance in banking and finance has secured BBA// FJELDCO with a top-tier ranking in this field with all major ranking firms.
Employment & Labour:
BBA//FJELDCO advises its corporate clients on all employment law related matters, both contentious and noncontentious, such as negotiating employment contracts, set-up of options and bonus schemes, implementation of remuneration policies and assisting companies when redundancies are required. Also, BBA//FJELDCO has an extensive experience in handling complex negotiations and drafting of employment contracts and termination agreements with senior managers.
BBA //FJELDCO has in recent years been active in the field of Energy Law. The firm has advised Icelandic companies in geothermal ventures in countries around the world, including the Philippines, Indonesia, China, Abu Dhabi, Nepal and Ethiopia. Furthermore, BBA//FJELDCO has advised Icelandic energy companies in securing terrain for geothermal research as well as advising on Power Purchase Agreements and Project Agreements. As a result of this, the firm has also gained substantive experience in dealing with foreign governments and energy authorities in matters concerning licenses, such as for feasibility studies, exploration drilling, construction of facilities and operations.
PFI & PPP:
BBA//FJELDCO has in recent years been heavily involved in advice to Icelandic authorities in PFI/PPP matters. The firm has advised the Icelandic government and the City of Reykjavik since 2005 in all matters concerning the design, construction and operations of Harpa, the Concert and Conference Hall on the Reykavik harbour. It has furthermore been active in matters concerning public procurement, advising among others the Icelandic State Trading Centre, as well as the Icelandic Government and the City of Reykjavik concerning a public procurement of land.
BBA//FJELDCO regularly advises its clients on capitalraising (including public listings) and financing strategies in relation to acquisitions, take-overs and reorganisation projects. BBA//FJELDCO has advised on many of the public listings in Iceland during the last decade, both on the Nasdaq Iceland main market and the Nasdaq First North Growth Market.
BBA//FJELDCO provides its clients with in-depth advice and assistance in relation to their regulatory issues and internal organisation. BBA//FJELDCO has advised its financial clients on obtaining operating licenses, handled communications with the Icelandic Financial Supervisory Authority, and assisted companies with structuring and setup of internal rules and standardised terms and conditions. Also, BBA//FJELDCO has substantive expertise in fintech projects.
Corporate Restructuring & Insolvency:
BBA//FJELDCO regularly advises on corporate restructuring, workouts and insolvency matters, both transactional and contentious. The firm strives to find commercially sound and efficient solutions to complex issues arising in this context and our approach is strategic and problemsolving in order to reach the ultimate outcome for its clients.
BBA//FJELDCO has an experienced team in litigation and local/international arbitration and mediation, including ICC, LCIA and WIPO arbitration and mediation. Its partners can be found on the panel of arbitrators at international arbitral institutions, they have served as members of the International Court or Arbitration of the ICC and on the board of the Nordic Arbitration Centre, Iceland.
BBA//FJELDCO advises its clients on all aspects of data protection/privacy matters, including data protection audits, data mapping, appropriate data protection policies, procedures and assessments both in relation to employee and client data, adequate responses and action in the event of data breach, communication with the Icelandic Data Protection Authority and contentious matters under Icelandic data protection law and the GDPR.
Aviation Law & Aircraft Financing:
BBA//FJELDCO has an in-depth expertise in relation to aviation and aircraft financing matters. The firm advises airlines, lenders and lessors on complex regulatory and transactional matters and most of its work in this field is international in nature.
IP & Technology Law:
BBA//FJELDCO has in-depth expertise in intellectual property and technology matters, both local and cross-border. The firm’s practice covers all aspects of complex IP & Technology matters, for instance in relation to FMCG, virtual reality, biotech, fintech, renewable energy and cloud computing projects.