Venture Legal

Location: Austurstræti 10A, 101 Reykjavík.
E-mail: venturelegal@venturelegal.is (or hoskuldur@venturelegal.is)
Tel: +354 695-2132.
Hourly rates: ISK 30,000 (plus VAT).

The firm was founded in January 2024 by Höskuldur Eiríksson, Attorney (See further information below).

The purpose by founding Venture Legal was to create a venue to further build on Höskuldur’s two-decade experience in M&A transactions, corporate finance, various other types of business transactions as well as the regulatory framework within which companies must operate. The aim was also to be able to provide these services at lower prices.

Venture Legal’s ambitions are to excel in terms of quality and client satisfaction. As a sole practitioner’s firm, the emphasis is not to have as many clients as possible, but rather to provide excellent services to relatively few great client’s and ensuring they receive great value for the fees they pay.

Höskuldur Eiríksson, Owner

Contact information:

E-mail: hoskuldur@venturelegal.is – mobile: + 354 695-2132

Höskuldur is a versatile corporate attorney with substantial experience in various types of business transactions. Throughout his career Höskuldur has, to a large extent, focused on Mergers & Acquisitions, representing investment funds, banks and private investors on both the sell-side as well as the buy-side.

Höskuldur is a specialist in corporate finance and has worked for most of the Icelandic banks, as well as a number of foreign banks, in relation to financing, both concerning facility agreements and bond issuances. He has further assisted various companies in raising capital. Höskuldur advises companies on all corporate law matters and generally assists companies in relation to contract negotiations.
Höskuldur has furthermore been involved with some of the largest corporate restructurings over the last two decades. He was for instance an advisor to the winding-up committees of one of the fallen Icelandic banks following the banking crisis in 2008.

Qualifications

Icelandic Bar Association – 2009

Career

2024: Venture Legal ehf. (Owner).
2019 – 2023: Partner at KPMG Law ehf.
2014 – 2019: Partner at BBA Legal ehf. (now BBA Fjeldco).
2014: – Bifröst University, Lecturer on M&A transactions.
2007 – 2014: Associate at BBA Legal ehf.
2006 – 2007: Associate at Logos legal services slf.

Education

University College London (UCL) – International Banking & Finance (2011).
University of Iceland, Law School – Cand. Jur. (2006).
Reykjavík College (2001).

Publications

Book:

Loan agreements between banks and corporations, 2016.

Articles:

Corporate Finance, the Future of LIBOR, July 2018.
M&A, Defects, February 2018.
M&A, Warranties & Indemnities Insurance, October 2017.
M&A, Is the Purchase Price “right”, August 2017.
Cross-border M&A and Company Law in Iceland – selected topics, April 2016.