Name: Helgi Þór Þorsteinsson
Firm Name: LEX Law Offices
Jurisdiction: Iceland
Practice Area: Bankruptcy Law

Telephone: +354 590 2600
Fax: +354 590 2606

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Professional Biography:

Leaders in Law endorses Helgi Þór Þorsteinsson as our exclusively recommended Bankruptcy Law expert in Iceland. If you wish to get in touch with Helgi please use the contact information provided above.

Helgi Þór Þorsteinsson is an attorney qualified before the district court. Helgi Þór started at LEX prior to his graduation from law school in 2007 and has been with the firm ever since. Helgi Þór was on leave from LEX during his LL.M. studies in international financial law at King‘s College London in 2011-2012.

For most of his career Helgi Þór has been a member of the banking and finance team at LEX. In the course of his work, Helgi Þór‘s primary emphasis has been on advising on financings, the capital markets and company law. Helgi Þór has been involved in a significant number of loan financings and securities issuances, in addition to having advised on the structure, financing, and buying and selling of companies. Helgi Þór is an experienced litigator before the district court and has been involved in trying cases before the EFTA Court.

Admitted to practice before:

  • The District Courts


  • LEX Law Offices since 2006


  • LL.M. degree from King’s College London 2012
  • District Court Attorney 2007
  • University of Iceland, cand.jur. 2007


  • English


  • Thesis instructor for BA-theses in the field of collateral law at the School of Law at the University of Iceland 2013-2014
  • Lecturer in company law in Master of Accounting at the School of Business at the University of Iceland 2008-2010

Other activities

  • President of the Icelandic Hemophilia Society from 2015

Practice Area

Firm Description

LEX is one of Iceland´s leading law firms, comprised of around 40 lawyers, providing clients with comprehensive services over a wide range of financial, corporate and commercial issues, as well as most other aspects of Icelandic law. Litigation and dispute resolution has always been one of the cornerstones of LEX’s practice as LEX has disputed many of the more complex disputes in the Icelandic legal environment.

LEX aims to be the Icelandic legal firm of choice for our clients and address their needs in the ever-changing local and international markets. As one of the oldest and most respected law firm in Iceland the lawyers at LEX put their client needs in foreground with efficiency and quality as a guiding light.

History of LEX

LEX Law Offices in its present form has strong roots dating back over half a century. In 1959, Mr. Sveinn Snorrason, Supreme Court Attorney, founded his law firm and soon three Supreme Court Attorneys joined him, Mr. Jónas Aðalsteinsson, who still acts as of counsel to the firm, Mr. Guðmundur Ingvi Sigurðsson and Mr. Jóhannes L.L. Helgason. As the years passed the firm grew and was branded with the name LEX Law Offices in 1987. In 2000, LEX merged with KPMG LAW in Iceland under the LEX brand name. Then in 2005 LEX and Nestor Law Offices also merged. Nestor was led by Mr. Karl Axelsson, then a Supreme Court Attorney and an Associate Professor at the University of Iceland, but Mr. Axelsson now serves as a Supreme Court Attorney.

Based on its strong historical roots and solid foundation, LEX has become one of Iceland’s largest law firms with around 40 lawyers and headquarters at Borgartún 26 in Reykjavik.


LEX is a law firm owned by 17 partners. The board of the firm is composed of Gudmundur I Sigurdsson, Supreme Court Attorney LL.M, Hulda Árnadóttir Supreme Court Attorney, LL.M, Garðar Víðir Gunnarsson, Attorney LL.M.,  Kristín Edwald, Supreme Court Attorney and Ólafur Haraldsson, Supreme Court Attorney. Örn Gunnarsson, Attorney at Law and MBA is the firm’s CEO and Managing Partner.