Tómas Þorvaldsson

Partner, Attorney at law
tomas@viklaw.is

Tómas Thorvaldsson became one of the partners of VÍK Lögmannsstofa (VIK Law Firm) in February 2011. From 1987 he was one of the partners of LVA Legal Services. Tómas graduated with a cand.jur. degree from the University of Iceland in 1981 and was admitted to the bar in 1983. He has specialised in intellectual property rights and corporate law and has spent most of his career on advise and negotiating contracts in these areas of the law. His main areas of practice are intellectual property law (copyright, patents, trademarks, design rights), licensing, entertainment, software, IT, corporate, start-ups, development of IP structures, IP protection and marketing strategies and IP litigation.

Tómas has mainly been engaged with the following services:

  • Advise to film and television production companies, drafting and negotiating relevant agreements, such as director‘s, scriptwriter‘s, composer‘s agreements, co-production agreements, financing agreements, distribution agreements, forming of companies and joint ventures, grant applications and rebate programs.

  • Advise and agreements in the music industry, pre-dominantly with foreign companies, record agreements, publishing agreements, management agreements, agency agreements, merchandising agreements, forming of companies etc.

  • Advise and agreements on software programming and distribution, computer games, multi-media, pharmaceutical agreements, theatre and book publishing.

  • Advise to entrepreneurs and start-ups, including formation of companies, acquisition and exploitation of intellectual property rights.

Committees and boards:

Standing committee for the revision of Icelandic Copyright law, appointed by the minister of Education and Culture, since 1994. 

Boardmember of the Icelandic Copyright Society since 2003. 

Member of the Board of Directors of the Icelandic Blank Tape Levy Organisation, since 1994. 

Member of the Board of Directors of the Icelandic Film Fund 1997-2000.

Co-operation Committee of the Nordic Film Producers Association, (Chairman) 1993-1995. 

Board member of AGICOA (Association of International Collective Management of Audiovisual Works) since 1995. 

Legal Committee of the International Federation of Film Producers (FIAPF) 1994-1998. 

General Manager and legal counsel for The Icelandic Film Producers Association, 1987-2001. Legal counsel since 2001. 

Member of the University Council of the University of Iceland 2014-2018.

Member of ALAI (The International Literary and Artistic Association). 

Member of LESI (The Licensing Executives Society International).

Director of  Contracts and General Counsel for Air Atlanta Icelandic, during its start up years, 1988 - 1992. 

Chairman of Lyfjaþróun Biopharmaceuticals 2001 - 2004.

Chairman of LazyTown Entertainment 2007-2011

Chairman of Nepsone ehf. since 2016.

Tómas has lectured on copyright at the University of Iceland. Lectures on copyright and on Intellectual Property Rights at the University of Reykjavik and Lillehammer Knowledge Park, as well as for a number of societies.