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LEX

The large number of practicing lawyers at LEX means that the firm is able to provide services from specialists in the field each time.
LEX law offices offers litigation, arbitration and dispute resolution services in every major field of Icelandic law.

Cancellation of liability

27. October, 2021

In an article published in the business section of the Icelandic newspaper Morgunblaðið today, Birgir Már Björnsson, partner and attorney at LEX Law Offices, discusses Act no. 32/2009 on guarantors and the recent judgment of the National Court where the guarantor’s liability was cancelled for the first time in full due to the lender’s negligence in notifying the guarantor.

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