Juris

Iceland

IFLR1000 Reviews

Financial and corporate

Juris is one of Iceland’s leading full-service corporate law firms based in Reykjavík. The history of the firm can be dated to 1953 but is currently a result of the mergers of the practices of a number of leading Icelandic lawyers between 2006 and 2011.

 

Focusses / specialisms

The firm’s expertise is market-leading in both financial and corporate and project development work in Iceland. The firm provides comprehensive corporate advice to clients situated in the country.

 

Key clients

Key clients of the firm include Summa Rekstrarfélag, The Icelandic State, Ísfélag Vestmannaeyja, Lýsi, Árvakur, Lyfja, RÚV, Já, Reginn, Íslandsbanki, Landsbankinn, Kvika banki, Eyja fjárfestingafélag, Nýsköpunarsjóður atvinnulífsins, Míla, Aptos LLC, HS Orka, InstaVolt, SIKMAS, Skuggasteinn, Oaktree Acquisition Corp II

 

Research period review: 33rd edition (2023/2024)

During the research period, the firm was very active in the financial and corporate space, advising in many refinancings and public acquisitions.

In the banking and finance realm, Juris is known for large project financing deals in sectors such as shipping, fishing and energy.

The firm’s capital markets team is also highly experienced and adept.

Their M&A practice is noted for its expertise in both domestic and cross-border work. The firm employs several English qualified lawyers which adds significantly to their cross-border expertise, especially in the fields of foreign direct investment.

In project development, real estate work forms the bulk of their high-profile deals. the team has been active mainly in the energy and the investment management sectors. The firm has also been engaged to advise EV charging network developer InstaVolt, on their expansion into Iceland.

 

Deal highlights: 33rd edition (2023/2024) 

Landsvirkjun’s $305 million sale of its 64.73% stake in Landsnet

Íslandsbanki’s $150 million facilities agreement

 

Client feedback: 33rd edition (2023/2024)

Financial restructuring

"Juris is an excellent law firm."

"They are flexible and responsive to our needs. They are very familiar with corporate law, EU/EEA issues, including state aid and competition law. Their quality of work and attention to detail is splendid."

 

M&A

"The advantage Juris and their employees have from other legal firms I have worked with is that they are open-minded and solution-orientated. Something that is disappearing from legal firms these days."

 

Project development

"They give practical and useful advice and they know which questions are important for European companies."

 

Restructuring

"Juris handled the structure change in a swift and professional way, guiding the board of directors step by step through a rather complicated process of change."

 

Andri Arnason

"Super-good manager and he has an extremely strong overview and knowledge of the issues related to my business."

 

Halldór Jónsson

"Mr Jónsson has a very good understanding of corporate law. His communication skills are very good and he has a solution-orientated approach while being professional in his work."

"Halldór can handle all business related to my market in one way or another."

 

Simon Knight

"He knows very well the needs of EU clients and has a very good understanding of infrastructure investments."

"Simon is very strong in finance and in cross-border corporate matters. Simon is diligent, meticulous with high attention to detail and swiftly responds to any inquiries."

 

Finnur Magnússon

"Finnur Magnússon is extremely strong in EU/EEA matters and the interplay between Icelandic law and the EU Acquis. Finnur has also worked on matters related to investment law and has a depth of knowledge in investment law in general."