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Halldór Karl Halldórsson

BBA // Fjeldco

2025_IFLR1000_Market_Leader_1_.png
Position: Managing partner
Rating:
  • Market leader
Practice Areas:
Banking
M&A
Jurisdictions:
Languages:
Icelandic
English
Danish
Biography

Halldór Karl is a District Court Attorney specializing in M&A work for domestic and international clients.  Halldór has advised on a number of high-profile M&A transactions in recent years and is regarded as being one of the leading corporate lawyers in Iceland

Recent transactional highlights

USD 700 million Merger between TM hf., Lykill fjármögnun hf. And Kvika banki hf. This is by far the largest and most high profile merger in Iceland in recent years, involving three different types of financial undertakings, an insurance company (TM hf.), a commercial bank (Kvika banki hf.) and a leasing company (Lykill fjármögnun hf.). 

Acquisition of Alma leigufélag hf. We served as the legal advisor for the buyer. This includes all aspects of the deal, including but not limited to due diligence, leading the negotiations, documentation, structure of the deal and completion. Value was ISK 11 billion. We were the Iead advisor for the buyer. Due to the nature of Alma´s operation, being one of the leading residential property companies in Iceland, the due diligence process was complicated. Further negotiations and structure of the deal were complex as well.

Refinancing of Arctic Green Energy. Value 200m USD. Halldór Acted as the lead counsel of Arctic Green Energy in the debt refinancing of the company and subsidiaries which resulted in the outstanding obligations towards Tor and AIMCO being repaid in full.

Restructuring of KEA. Value around 2 billion ISK. Halldór was a lead counsel for the company and its principal shareholders in the restructuring of Kea, one of the largest hotel operators in Iceland.

Practice areas
  • Corporate and commercial
  • Banking and finance
  • Competition law
  • Energy
  • Restructuring and insolvency 
Sector specialisations
  • Banking
  • Consumer goods and services
  • Energy
  • Financial services
  • Investment management
Bar admissions
  • Icelandic bar
Association memberships
  • Icelandic bar of accosiation
Academic qualifications
  • District Court Attorney, 2012
  • Reykjavik University, Mag. Jur., 2008
Address:
Reykjavik
Tel:+354 7776699 Email:Contact this practitioner Website:http://www.bbafjeldco.is