Firms To Watch: Restructuring and insolvency

Led by Idan Miller, who joined from AYR – Amar Reiter Jeanne Shochatovitch & Co in October 2022, the team at Barnea Jaffa Lande & Co. advises corporations in financial distress, in addition to handling creditors’ arrangements and insolvency proceedings.

Restructuring and insolvency in Israel

Amit, Pollak, Matalon & Co. Advocates and Notary

Counting leading domestic banks and financial institutions among its key roster of clients, Amit, Pollak, Matalon & Co. Advocates and Notary acts as trustee or receiver in insolvency proceedings, bankruptcies and receivership cases, in addition to acting as liquidator in high-profile mandates. Erez Haver leads the team and has considerable experience in matters concerning insolvency, liquidation, reorganisation and receiverships, as well as credit and debt settlements. Other key contacts in the group include Moran Mordechay, who acts for clients forced into insolvency proceedings, and counsels Tzipi Kolp Frieder and Limor Segman.

Responsables de la pratique:

Erez Haver


Autres avocats clés:

Moran Mordechay; Tzipi Kolp Frieder; Limor Segman


Principaux clients

Ashplast Plastic Trade & Industries 1999 Ltd.


Bank Hapoalim (TASE: POLI)


Bank Leumi Le-Israel BM (TASE: LUMI)


Clock Square Ltd.


Harel Mall debenture holders


Israel Discount Bank Ltd. (TASE: DSCT)


Mercantile Discount Bank Ltd.


Mhamid Tawfik – Building and Development Ltd.


Registrar of Non-Profit Associations and Organizations, Division of the Corporations Authority in the Ministry of Justice


Rubicon Business Group Ltd.


S.R. Accord Ltd.


Tel Aviv District Court, Insolvency Division – Special administrator of Migdal Hazohar Ltd.


The Official Receiver of the State of Israel


Michman Group


Fritz Companies Ltd.


Principaux dossiers


  • Representing The Official Receiver of the State of Israel in the NIS318m insolvency of the renowned Peri Group of construction companies.
  • Serving as special managers to settle the NIS860m debts of Mhamid Tawfik – Building and Development Ltd.
  • Acting as special administrator and liquidator to Rubicon, its subsidiaries, and the Kela Fund.

Arnon, Tadmor-Levy

Arnon, Tadmor-Levy acts as court-appointed officers, including as liquidators, trustees, observers, and special managers, in high-stakes insolvency proceedings, with additional capability in restructurings, liquidations and debt arrangement mandates. Key clients range from domestic banks to public companies and institutional investors. Yuval Bargil, who focuses on commercial liquidation, bankruptcies and creditors' rights, spearheads the offering from Jerusalem alongside Amnon Lorch. Gil Oren represents public companies in debt arrangements and restructurings, and jointly leads the Tel Aviv-based practice alongside Danit Rimon, who handles corporate recovery matters, insolvencies, creditors’ arrangements, and rehabilitation of distressed companies.

Responsables de la pratique:

Yuval Bargil; Amnon Lorch; Gil Oren; Danit Rimon


Autres avocats clés:

Eyal Aichel


Les références

‘Gil Oren is very responsive, giving answers on a prompt and accurate basis.’

Principaux clients

Israel Ministry of Justice


Arbel Fund


Nomura International PLC


Eurocom Communications Ltd.


Africa Israel Industries


Globus Max Ltd.


Packer Construction Steel LP


NMC United Entertainments Ltd.


Habas Investments Ltd.


Tcm International Trade Ltd


Nam 5 Ltd.


Trax Retail Solutions Ltd.


Victory M. Marketing Ltd.


Fifth Dimension Holdings Ltd.


CIB Bank


Homat Magen Defense Technologies


Tuboul Ceramics Ltd.


GlobaLinks Group


Bakal Zamir Real Estate Ltd.


Magisto Ltd.


Rounds Ltd.


Bank Leumi LeIsrael BM


Israel Discount Bank Ltd.


Mizrahi Tefahot Bank Ltd.


FIBI- First International Bank of Israel


Constru Ltd.


Global Factoring


Lipsker & Co. Engineering Services Ltd.


Polysack Flexible Packaging Ltd


Max It Finance Ltd


Israel Weapon Industries (IWI)


Y.H. Dimari Building and Development Ltd.


Principaux dossiers


  • Appointed by the court as trustee for the insolvency proceeding of Ability Inc.
  • Appointed by the court as trustee for the insolvency proceeding of Tcm International Trade Ltd.
  • Appointed by the court as trustee for the insolvency proceeding of Constru Ltd.

Erdinast, Ben Nathan, Toledano & Co

The ‘highly professional and service-oriented’ team at Erdinast, Ben Nathan, Toledano & Co maintains a robust restructuring and insolvency practice, with demonstrable experience advising on bondholder mandates concerning distressed companies. ‘Extremely smart, hardworking, and tenacious negotiatorsAlon Binyamini and Raanan Kalir jointly lead the team; Binyamini focuses on creditors’ arrangements and insolvency mandates, in addition to directors’ and officers’ liability issues, while Kalir is routinely appointed by courts, serving as special manager, liquidator receiver or trustee. Other key contacts in the group include associates Tomer Shaked and Yarden Rosenbush.

Responsables de la pratique:

Alon Binyamini; Raanan Kalir


Autres avocats clés:

Tomer Shaked; Yarden Rosenbush


Les références

‘Highly professional and service-oriented.’

‘Super smart, creative and detailed-oriented.’

‘Raanan Kalir and Alon Binyamini are a great team, work extremely hard and are very effective in achieving results for their clients.’

Principaux clients

Holders of Delek Debentures


Holders of Israel Petrochemical Enterprises Debentures (TASE: PTCH)


bondholders of Hertz Properties Group Limited


Holders of IDB Development Ltd. Debentures


Alon Blue Square (TASE: BSI)


Holders of Altitude Debentures


Gibui Holdings Ltd (TASE: Gibui)


Extra Development and Entrepreneurship


Directors of Brookland Upreal Limited


The creditors of the “Malrag” company through Adv. Raanan Kalir as a position appointed to the Company


NSO Group Technologies


Holders of Arazim Investments Ltd. Debentures


“Excellence” Investment House (subsidiary of Phoenix)


Series M bondholders of Sunny Cellular Communications Inc.


Apex Issuances Ltd.


I G Investech Technologies Ltd.


Liquidator of BSR Europe Ltd.


Matis Capital Ltd.


Bondholders of Tao Yields Ltd.


Or Yehuda College


Ariz Marking and Packing Solutions Ltd.


More Investment House Ltd.


Bull Trading and Investment Ltd. (TASE: BULL)


Principaux dossiers


  • Representing NSO Group Technologies in its debt restructuring.
  • Represented the bondholders of 4 different series of Israel Petrochemical Enterprises with a total debt of approximately NIS1.5bn.
  • Acted as trustee for Gibui Holdings Ltd., a public company engaged in providing non-bank credit, after it collapsed.

FISCHER (FBC & Co.)

Praised for its ‘extensive knowledge and experience’, FISCHER (FBC & Co.) acts for a diverse client roster, from debtors, investors, and asset purchasers, to secured and unsecured creditors, bondholders and directors of distressed companies. Maintaining a strong track record in corporate restructurings, liquidations, receivership proceedings and bankruptcies, the team is led by Amit Pines, who is commended as ‘one of the most prominent practitioners in the field of restructuring and insolvency’. Lihi Blumenfeld has a ‘wealth of experience’ in matters concerning liquidation and receivership procedures of corporate insolvency. Other key contacts in the group include senior associate Tal Arazi and associate Omer Salzberg.

Responsables de la pratique:

Amit Pines


Autres avocats clés:

Lihi Blumenfeld; Tal Arazi; Omer Salzberg; Aviad Gurman; Michael Shachar


Les références

‘The team is the most knowledgeable team in the insolvency field in Israel.’

‘Lihi Blumenfeld has deep knowledge of insolvency law.’

‘Amit Pines is no doubt one of the most prominent practitioners in the field of restructuring and insolvency. Brilliant, sharp, and smart.’

Principaux clients

Celsius & GK8


Jesselson Capital Corp


Bank Mizrahi-Tefahot Ltd.


Bachar Group


Hermetic Trust (1975) Ltd.


Unet Credit Ltd. Bond holders


The Department of the Official Receiver at the Ministry of Justice


BEITA Group Ltd.


Hashalom 91 Ltd.


Mr. Lev Leviev


Tarya P2P


Royal App Ltd.


Taaman food marketing ltd.


Mr. Sprinkler / mr. Moti Reef


Sky Sapience Ltd.


Landco Israel Entrepreneurship Management Ltd.


Kenyon Harel Ltd.


Bonaich Lebnia Leami Ltd.


S. Tanous Construction and Developing Ltd.


Main Shareholders of On Track Innovations ltd.


Mr. Jerry L. Ivy


Mr. Boaz Sarusi & Mr. Roni Sarusi


Mr. Nissim Zimber


Shareholders of Asik Infrastructure Ltd.


Mercantile Discount Bank Ltd.


Bank Hapoalim Ltd.


Mr. Joseph Grunfeld


Chavmal Ltd.


Melisron Ltd.


Ayalon Insurance Company Ltd.


Otsar Aviel Ltd.


Noveto System Ltd.


Soltam Radad Ltd.


Principaux dossiers


  • Representing Hermetic Trust (1975), the trustee for bondholders (series 9) of IDB Development Corporation, an unsecured creditor in the sum of NIS913m, in a restructuring.
  • Acting for entities belonging to the Celsius Network group of companies in the sale of the business of GK8 Ltd., as part of U.S. Chapter 11 proceedings, to Galaxy Digital Trading.
  • Representing Bank Mizrahi-Tefahot, as creditor, in the insolvency matter of Tahal Group.

Gornitzky & Co.

The team at Gornitzky & Co. represents distressed corporations, creditors, shareholders, financial institutions and private equity sponsors in insolvency and corporate restructuring mandates. Praised as ‘incredibly commercial and deeply knowledgeable’, Yaron Elhawi handles high-stakes insolvency cases and jointly leads the team alongside Karen Reichbach-Segal, who has experience in liquidations, receiverships, and insolvencies. ‘Pragmatic and deal-orientedAmnon Biss advises on debt settlements in litigation mandates and is frequently engaged by creditors. Firm chairman Pinhas Rubin and Ofer Tzur, who spearheads the litigation department, are also key contacts in the team.

Responsables de la pratique:

Yaron Elhawi; Karen Reichbach-Segal


Autres avocats clés:

Amnon Biss; Pinhas Rubin; Ofer Tzur; Kfir Yadgar; Guy Ido


Les références

‘The team at Gornitzky are extremely smart, highly knowledgeable and well-trained, as well as practical and business-oriented.’

‘Amnon Biss has an amazing attention to detail, but is pragmatic and deal-oriented. He is also very personable, likeable and a pleasure to work with.’

‘The best team, who respond quickly, are very commercial and have great experience.’

Principaux clients

Secured bondholders of All Year Holdings Limited


Bank Hapoalim Ltd.


The Unsecured Creditors’ Committee of Celsius Network LLC


Former officers of the Better Place Group – Idan Ofer, Amir Elstein and Eran Sarig


Oil Fields Exploration (1992) – Limited Partnership


Secured Creditors of Amos Spacecom


Iron S.B.T. Group Ltd.


Bank Hapoalim – largest creditor of the Eurocom Group (in liquidation) of Shaul Elovitch


Honigman & Sons Ltd.


Liquidators of Agrexco Agricultural Export Co. Ltd.


TGI Real Estate Investment Ltd.


Delek Group Ltd.


Bank Hapoalim Ltd. – insolvency of ‘Ramat Hagolan Dairies’


Royal App. Ltd. (in liquidation)


Smart Entertainment Ltd.


Wertheimer Family – owners of Tefen Open Museums


Geffen Hedge Funds Management Ltd.; Cramim Capital Markets Ltd.


Amit A.E Maafe Conditorya Ltd


Principaux dossiers


  • Advising the Israeli secured bondholders of All Year Holdings in its cross-border insolvency.
  • Acting for Space.com secured creditors in negotiations with all stakeholders to achieve a debt restructuring agreement in accordance with the recently updated insolvency law.
  • Represented the former officers of the now-defunct Better Place Group in a motion to dismiss a claim filed by the companies’ liquidators against 22 defendants.

Lipa Meir & Co

The team at Lipa Meir & Co stands out for its track record in high-stakes domestic and cross-border restructurings, with experience in insolvency litigation, including before the Supreme Court. Founding partner Lipa Meir jointly leads the team alongside Zuriel Lavie, who specialises in corporate rehabilitation and reorganisations, creditor’s arrangements, receiverships and liquidations. Shirley Ifrach-Azor rounds out the leadership trio and is frequently engaged by creditors in insolvency and restructurings proceedings. Key sectors of expertise include education, retail, transport, engineering and financial services.

Responsables de la pratique:

Lipa Meir; Zuriel Lavie; Shirley Ifrach-Azor


Principaux clients

Data443 Risk Mitigation


Israel Land Development Company


Klirmark Opportunity Fund III, LP


J. Brosh S. & Marketing Ltd. and J. Brosh Industrial Group Ltd.


Meshek Wings Tour Ltd.


Negev Ecology – Allied Group


Starwood West Ltd.


Mega Retail Group


Kal Binyan


Mr. Nochi Dankner


The Carmel Academic Center, Haifa


Eurocom Group


ONO Academic College and Peres Academic Center


W.S.I. WALL STREET ISRAEL LTD


Rubicon Group and Kela Fund


Haim Paskovich & Sons Ltd


Principaux dossiers


  • Acting for two companies in the importing and marketing of frozen food products in their insolvency proceedings.
  • Acting for the Israel Land Development Company in various insolvencies, including the insolvency process of Anis.
  • Represented the Mega Retail Group in all of its restructuring and insolvency proceedings, including Chapter 11 proceedings.

Friedman, Yunger & Co. Advocates

The ‘cooperative and professional’ team at Friedman, Yunger & Co. Advocates has been appointed by multiple courts in liquidation proceedings, and is noted for its capability in restructuring, insolvency and bankruptcy mandates. Itzhak Yunger has experience in representing creditors and debtors in insolvency proceedings, and jointly leads the team alongside Dan Friedman, who is noted for his expertise in the public sector, retail, insurance and financial services industries. Yshay Meirsdorf is another key contact in the group.

Responsables de la pratique:

Itzhak Yunger; Dan Friedman


Autres avocats clés:

Yshay Meirsdorf


Les références

‘Cooperative and professional.’

‘Smart, productive and available.’

‘Professional, thorough and they fight for their clients.’

Principaux clients

Logis Ofer Ltd


80 Apartment owners in Towers C and D in “Tel Aviv towers”


Beitar Jerusalem Football Club


Rigenera Pharma Ltd


Contigo Ltd


Bonita De Mas (Yanit Lingerie Ltd.)


BSR Europe Ltd. (Under Liquidation)


Hapoel Tel Aviv football club


Clal Insurance Enterprises Holdings Ltd


Lotus civil engineering Ltd


Hapoel Petach Tikva Football Club


Hardor Elite Design and Technology Ltd


Jerusalem Municipality


Shmaya Construction and Development Ltd.


First International Bank of Israel


Rav Bariah Group


Or HaShen Ltd


Akavish Steel Doors


“Lubavitch” Chabad Institutions


Principaux dossiers


  • Appointed as a trustee of the Beitar Jerusalem football club due to the team’s financial difficulties and the owner’s desire to sell the team.
  • Appointed as a special administrator to B.S.R. Europe (under liquidation).
  • Acting for A. Dori Construction in a litigation civil lawsuit against a company undergoing liquidation.

Gissin & Co., Advocates

Creditors, shareholders, domestic banks and corporations all feature in the client list of Gissin & Co., Advocates' restructuring practice, which stands out for its capability in handling bondholder matters, with additional experience in receiverships, liquidations and recovery of distressed companies. Yael Hershkovitz leads the team and advises on bondholders’ debt settlements, as well as cross-border restructurings and insolvency proceedings. Guy Gissin, who focuses on complex debt arrangements, is another key contact in the group.

Responsables de la pratique:

Yael Hershkovitz


Autres avocats clés:

Guy Gissin


Principaux clients

Be Communications Ltd.


Hermetic Trust


Reznik Paz Nevo Trusts Ltd.


Mishmeret Trust Ltd.


Bondholders of Africa Investments Ltd.


Bondholders of Brookland Upreal BVI


Bondholders of Starwood West BVI


Elag Group US 2019 bondholders


Group of Investors in All-Year


Goldfarb Gross Seligman & Co.

Goldfarb Gross Seligman & Co. acts as receiver, liquidator and trustee in insolvency and debt settlement proceedings, and counts issuing companies, trustees of debenture holders and debenture holders, shareholders, investors, directors and executives among its roster of clients. Senior counsel David Hahn acts for clients in insolvency and corporate recovery proceedings, while Aaron Michaeli frequently represents senior officials in debt settlements and insolvency cases, particularly in related litigation proceedings. Other key contacts in the group include Aya Yoffe, and Hagit Blaiberg, who acts for domestic corporations and financial institutions as creditors in insolvency cases. Asher Engelman left the firm in September 2022 to become the Official Receiver of the Israel Justice Ministry.

Responsables de la pratique:

David Hahn; Aaron Michaeli; Hagit Blaiberg; Aya Yoffe


Principaux clients

Alon Israel Oil Company Ltd.


Dor-Alon Energy In Israel (1988) Ltd.


A.Y.R.A.D Investments Ltd. (Bank Leumi le-Israel B.M.)


Addoox Media Ltd. (in Voluntary Liquidation)


Albar Engineering Supervision and Project Management Ltd.


Alon Delek Ltd. – Alon Israel Oil Company Ltd.


Alotera Group Ltd.


AORA Solar Ltd.


BE Drugstores Ltd.


Black Spruce Management LLC


Castro Model Ltd.


CHS Inc.


Cx Technologies


Directors of Olimpia Real Estate Holdings Ltd. (in liquidation)


Dr. Jeff Brooks


EatWith Media Ltd.


Elad Israel Residence Ltd.


Eliyahu and Yuval Orgad


E-sense


Fidelis Partners


I.D.I. Insurance Company Ltd.


Internet Gold Golden Lines Ltd.


ION Terra


Israel Discount Bank Ltd.


Israel Petrochemical Enterprises Ltd.


Kardan Israel Ltd.


Kardan Yazamut (2011) Ltd.


KDM Engineering & Cranes Ltd.


Logistipharm Ltd.


Matrix IT Ltd.


Maven Wealth Management


Mekorot Water Company Ltd


Menora Mivtachim Insurance Ltd.


Mr. Haggai Alon


MRBox


Mr. Alan Saskin


Mrs. Doreen Saskin


Nahor Ltd.


Naveh – Gad Building Development Ltd.


New Lineo Cinema (2006) Ltd.


Office Depot Ltd. (in liquidation)


Orkal Solutions Ltd.


OZ Vision Ltd


Pentalum Technologies Ltd.


Playboy Israel


Ramat Tivon Parental Dormitories Ltd.


Ramat-Hanasi Gav-Yam Rassco Ltd.


Related Commercial Portfolio Ltd.


RiT Technologies Ltd.


Robin Hood Pro. Ltd


Sapac Trading Ltd.


Sckipio


Shapir Civil and Marine Engineering Ltd.


Shareholders in Captain Curry Ltd.


Shufersal Ltd.


S-Israel Ha-Rechassim 30


Six former directors of Orckit Communications Ltd. (in Creditors Arrangement).


Tapugan Industries Ltd.


Tarya P2P, Ltd.


The Israel branch of Wall Street English


The National Insurance Institute of Israel


Therapix Biosciences Ltd.


Treato Ltd.


Ultraplast Technologies 2018 Ltd.


Urban renewal and construction companies (including I.R.M Relty Ltd. and Oz Improvement and Development Ltd.).


WB Debt Acquisition LLC


Principaux dossiers


  • Representing Israel Petrochemical Enterprises in a large scale debt restructuring involving several separate transactions amounting to NIS2bn.
  • Representing Mekorot as a potential creditor and client of insolvent party Tahal Group.
  • Representing Naveh – Gad Building Development and Ramat-Hanasi Gav-Yam Rassco, as creditors in the insolvency proceedings of the Ortam-Malibu Group.

Herzog Fox & Neeman

The ‘pragmatic, commercial, and innovative’ team at Herzog Fox & Neeman handles a range of rehabilitation and restructuring mandates, with noteworthy experience in representing secured and unsecured creditors in insolvency and bankruptcy proceedings. ‘A star in the industry’, expert litigator Yaniv Dinovitch has demonstrable experience in cross-border corporate insolvency issues, while of counsel Alan Sacks counts banks and other financial institutions among his key roster of clients. Dinovitch and Sacks jointly lead the team alongside Asher Dovev.

Responsables de la pratique:

Alan Sacks; Yaniv Dinovitch; Asher Dovev


Les références

‘The team provides a pragmatic, commercial, and innovative approach. They are commercially minded and offer quick advice, with market leading practical experience.’

‘Yaniv Dinovitch is hardworking, tactful, knowledgeable, creative with a clear focus on clients’ desired outcome. He is at the top of the ladder in the insolvency and restructuring field.’

‘Yaniv Dinovitch combines incredible legal knowledge with solutions-oriented advice. His work combines specialist legal expertise with sharp tactical mindset of a prominent litigator. Yaniv is efficient, responsive, and strategic. Definitely a star in the industry.’

Principaux clients

Hutchison Group


HSBC plc


European Investment Bank


Israeli Railways authority


Dataflow Security SRL


CitiBank, N.A, London Branch


Alitalia Società Aerea Italiana S.p.A (in Extra-Ordinary Administration)


HPIB (Israeli Branch)


Big Dutchman International GmbH


Ilwella Pty Ltd.


Sears Israel


Y.H Dimri Construction & Development Ltd.


Israel Electric Corporation


WSE Hong Kong Limited


Dolphin A.L (the controlling shareholder of the IDG Group)


CTS Eventim Israel Ltd


Israel Discount Bank


Credit Suisse (London branch)


Leumi Bank Le-Israel Ltd


Jerusalem Bank


Meitav Dash


Ayalon Insurance Company


R.O.P LTD


Hon Hai Precision Industry Co. Ltd (Foxconn Group)


D.N.A Financing services, cooperative society


Local Government Economic Services Ltd. (Mashcal)


Barzani Urban Renewal Ltd


Huliot


Cineworld


Principaux dossiers


  • Nominated by the District Court of Beer-Sheva as receiver and trustee of an Israeli fuel company.
  • Representing the Italian Extraordinary Administrators of Alitalia Società Aerea Italiana (in extraordinary administration) in the insolvency proceedings concerning its Israeli branch.
  • Representing HSBC as a secured lender concerning the insolvency of Tahal Consulting Engineers.

Meitar Law Offices

The ‘professional and collegial team’ at Meitar Law Offices handles a broad range of receivership mandates, creditor’s arrangements and rehabilitation proceedings, with additional capability in representing creditors in creditor rights disputes. Experienced litigator Pinni Yaniv frequently represents domestic and international creditors, with demonstrable experience in bankruptcy and reorganisation cases. Yaniv jointly leads the team alongside Amir Dolev, who is noted for his expertise in contentious bankruptcy mandates.

Responsables de la pratique:

Pinni Yaniv; Amir Dolev


Les références

‘A professional and collegial team to work with.’

‘Pinni Yaniv is a very good lawyer; kind and experienced in the insolvency field.’

Principaux clients

Tarya


Forever 8 Fund, LLC


A. HaOmmer Chagai Investments Ltd


Gmul Investments


Mayer’s Cars and Trucks Ltd.


Nava Gottesman


Bnei George Shukha Ltd.


Honigman & Sons Ltd.


Agadim Group


Metea Maritime Company Ltd. & Vanora Maritime Company Ltd.


The Tel Aviv Family Matters Court


Principaux dossiers


  • Advised an international consortium of lenders in control struggle over a company of the NSO group of companies.
  • Advised Forever8 Fund in negotiating and reaching agreements with the court trustee appointed over the online commerce entities of the TCM group of companies
  • Acting as trustee of Gmul Investments.

Shibolet & Co.

Counting Israeli banks and domestic companies among its list of key clients, the practice at Shibolet & Co. is regularly appointed as trustee in liquidation and receivership proceedings, with additional expertise in bankruptcies, reorganisations and insolvencies. Joseph Benkel, whose ‘knowledge and experience of litigation across multiple jurisdictions is unparalleled’, jointly leads the team alongside Amir Frankl, who spearheads the bankruptcy, receivership and reorganisation group, and represents creditors and debtors on matters concerning distressed companies and liquidation of real estate and property. Associate Omer Bar Ilan is another key contact in the group.

Responsables de la pratique:

Joseph Benkel; Amir Frankl


Autres avocats clés:

Omer Bar Ilan


Les références

‘Joseph Benkel is a master tactician.’

‘Joseph Benkel is a standout practitioner. His knowledge and experience of litigation across multiple jurisdictions is unparalleled. He sees the bigger picture, while understanding the significance of the details.’

‘Great team, handling high-profile cases.’

Principaux clients

Medo Business Ltd.


Tapuday Hashlosha Ltd.


Ariel Bonus Ltd.


Lavier Israel Ltd.


S.D.I Marketing And Production Ltd.


Ultra Bin Ltd.


Central Bus Station in Tel-Aviv


Eliezer Fishman


Hashkaot Kedayot Ltd.


Tirzalit Ltd.


Fishman Family Properties Ltd.


Fishman Family Properties Management (1988) Ltd.


Inventech Central Hotels Ltd.


Maavar Ltd.


Alexion Pharmaceuticals Inc.


Echtman – Engineering corp. Ltd.


Principaux dossiers


  • Acting in bankruptcy proceedings of Mr. Eliezer Fishman, who was appointed as trustee, with debts summed up to circa NIS4bn to the Israeli banks, as a result of personal guarantees and tax debt.
  • Acted for the Central Bus Station in Tel Aviv in a competitive process for the sale of the companies’ assets in consideration of a total amount of NIS320m.
  • Representing the trustee of the creditors’ composition of Inventech Central Hotels LTD (in liquidation).

AYR – Amar Reiter Jeanne Shochatovitch & Co

With demonstrable experience across the telecoms, real estate and construction, financial services and retail sectors, AYR – Amar Reiter Jeanne Shochatovitch & Co handles a range of liquidations and receiverships, in addition to bankruptcy and insolvency proceedings. Amit Lederman leads the team and has experience in insolvency cases, executing debt settlements and managing companies in rehabilitation and receivership proceedings. Other key contacts in the group include Dorit Karny and Wassim Sibat.

Responsables de la pratique:

Amit Lederman


Autres avocats clés:

Dorit Karny; Wassim Sibat


Principaux clients

Marathon 018 Xphone Ltd.


Bikov Group Ltd


Knesset Israel and Otzar Ha-hesed Associations


Yuvalim City-Boy Ltd


Michal-Negrin Ltd


Smart-Pharm Ltd


Asik Infrastructures Group


S.M.N Renovations and Scaffolding Ltd.


Ultraplast Industries Ltd.


Bnei Baker Zoabi Construction Ltd


Elran (D.D) Investments Ltd.


Ashbel Technologies Ltd.


Mercantile Discount Bank Ltd.


Morya Group


Unet Credit Finance Services Ltd


Nidam Communications Ltd. and Nidam Global Ltd


Rahmani D. Earthworks Ltd


MHR1 Investment Management Ltd


Frietz


Principaux dossiers


  • Represented Unet Credit Finance Services, the off-bank credit in the voluntary settlement process with its creditors.
  • Serving as a trustee on behalf of the court for the operation and proper management of the Morya Group.
  • Representing private investors who invested in the projects of MHR1 Investment Management and have not received returns on their investments.

Doron, Tikotzky, Kantor, Gutman, Nass, Amit Gross & Co.

Doron, Tikotzky, Kantor, Gutman, Nass, Amit Gross & Co. handles a broad range of mandates, from corporate recoveries and executing debt arrangements to creditor settlements, liquidation and receivership proceedings. Key clients include public corporations, retail chains, non-profit organisations and industrial companies, among others. Former practice head Shlomo Nass left the firm in February 2024, and Shai Glickman now acts as director of the insolvency department.

Responsables de la pratique:

Shai Glickman


Autres avocats clés:

Yonatan Gamarnik


Les références

The firm houses a professional team.’

Principaux clients

Univo Pharmaceuticals Ltd


Cannamove Ltd


U N V Medicine Ltd


U N V Marketing and Distribution


Amit Oren Farm Ltd


NOAL SCSP Fund


Y. Edri & Sons Metal and Civil Engineering Ltd


Alpha-Cut Metal Cutting and Processing Ltd.


Marisaat A.A. Earth & Development Ltd


S.A.S Development Works Ltd


EldadPeriGroup


Gruper Ltd.


Kadisha Rishon Lezion Amutta


Ness Polymers Ltd


Principaux dossiers


  • Advising a group of five companies that cultivate, produce, and market medical cannabis products, covering all aspects of production and sales.
  • Representing NOAL SCSP Fund in its application to the District Court for the appointment of a trustee.
  • Appointed as a trustee for Y Edri & Sons Metal and Civil Engineering, Alpha-Cut Metal Cutting and Processing.

Firon Law Firm

Counting domestic and international companies among its key roster of clients, Firon Law Firm has been kept busy assisting with insolvency proceedings, including the management and representation of clients in debt arrangements. Senior managing partner Ron Bar-Nir, who splits his time between Bucharest and Tel Aviv, jointly leads the team alongside Shay Bar-Nir, who specialises in insolvency cases, including liquidation and rehabilitation proceedings. In February 2024, the team was additionally strengthened with Shlomo Nass from Doron, Tikotzky, Kantor, Gutman, Nass, Amit Gross & Co.

Responsables de la pratique:

Ron Bar-Nir; Shay Bar Nir


Autres avocats clés:

Shlomo Nass


Les références

Shlomo Nass is one of the leading lawyers in the restructuring and insolvency field.

Principaux clients

Migdal Insurance Company


Ashtrom


Mega Or


Shaked Partners


Mevasert Mall


El Srad


Ashlad


Dilon


Europe towers


Y.B See resources


Michlol


Panorama Center


Principaux dossiers


  • Representing Panorama Center in an application for an order to open insolvency proceedings filed by Shahaf Security in June 2023.
  • Appointed by the Lod District Court and the Tel Aviv District Court as a liquidator/administrator/trustee in numerous cases.
  • Representing Dilon, which acquired the operation of Dune Medical Devices, an Israeli company which was subject to insolvency proceedings.

FWMK (Furth, Wilensky, Mizrachi, Knaani)

Commended for its ‘extensive experience in conducting cross-border insolvency proceedings’, FWMK (Furth, Wilensky, Mizrachi, Knaani) is well-placed to advise on liquidations and creditor arrangements, in addition to bankruptcies, receiverships and debt arrangements. ‘Exceptional lawyerLior Dagan leads the team and frequently serves as court-appointed officer, with additional experience in representing creditors in insolvency proceedings. Idan Adler Reiss is another key contact in the team.

Responsables de la pratique:

Lior Dagan


Autres avocats clés:

Idan Adler Reiss


Les références

‘FWMK has extensive experience in conducting cross-border insolvency proceedings.’

‘In the last two years, through extensive cooperation with Lior Dagan, I had the opportunity to see for myself his commitment, large base of knowledge, contacts and exceptional collegial, professional and moral qualities. Lior Dagan is among the most dedicated colleagues I have had the opportunity to work with.’

‘The team are very collegial, prompt and equipped with significant skills.’

Principaux clients

Sheahan Lock Partners.


EGFE Israel Ltd


EGFE USA LLC


EGFE Hungary KFT


Michael Ben Ari


Vaniglia Group


Intercure Ltd.


SG Holdings and Investments Ltd


Shmuel Donnerstein


Boaz Koren and 100 investors who invested in AGA holdings (Kenyon Harel)


GKI Group and Gal Kalkstein


Orckit Communications Ltd


Michael (Miki) Iluz


Zvi Rotbart


Eitan Mordechai


Zehav Arbiv


Adv. Assaf Shomrat, the court appointed trustee of INVEST DOT COM (ISRAEL) LTD and IDC Investdotcom Holdings Limited


Guy Peleg


Cogito Capital


Livne Real Estate Management and Development Ltd.


Oram Investments and Development (2008) LTD


Toam financing Ltd.


Principaux dossiers


  • Acting as trustee in a $200m Ponzi scheme case involving Michael Ben-Ari (in insolvency) and his companies (in liquidation).
  • Represented an owner of a dairy farm, in a creditor settlement case, navigating the separation of the farm from the Agricultural Cooperative Society of Moshav Ahisamakh under liquidation.
  • Represented Adv. Shomrat, the court-appointed liquidator of IDC Investdotcom Holdings, in an insolvency motion against IDC.

Naschitz, Brandes, Amir & Co.

Counting corporate entities, financial institutions and high-net-worth individuals among its key roster of clients, Naschitz, Brandes, Amir & Co. acts for creditors in insolvency proceedings, with additional expertise in restructurings, bankruptcies, receiverships and liquidations. Alona Baumgarten, who is praised for her ‘extensive experience in the field of insolvency’, leads the team and serves as a court appointed liquidator, receiver or trustee in stay of proceedings.

Responsables de la pratique:

Alona Baumgarten


Les références

‘Alona Baumgarten has extensive experience in the field of insolvency. Her ability to find quick solutions to solving problems in insolvency cases is extraordinary.’

Principaux clients

Globus Max


Tanus Construction and Development


Bank Hapoalim


Clal Insurance Enterprises Holdings Limited.


Union Bank


Na’ot Ha’Pisga, Modi’in Ilit Ltd.


Leadcom Integrated Solutions Limited.


Saba Habib Olive Oil Ltd.


Mercantile Discount Bank


Israel Discount Bank


Innovative Patents and Tisteron Ltd


Mordechai Binyamin and Sons Earthworks (1993) Ltd.


Discreet


Shtula Metal-G.


The AMI Project Initiatives Group Ltd.


Dalhom


Registrar of Fellowship Societies


M.R.A Pharm and Hassan Khalaila


Mazada Refael Tours


Ziron


ARD Aviv Holdings


Shachaf Security


Bone HaZafon


Unet Credit Finance Services


Plastnir


Galita


Rachmani


S. Horowitz & Co

Commercial banks and other financial institutions are among the clients of S. Horowitz & Co, which is well placed to leverage the expertise of the firm’s banking and finance and disputes departments to handle restructurings, workouts and insolvencies. Ehud Arzi leads the team and advises on contentious banking mandates, with additional experience in representing creditors in rehabilitation proceedings. Ran Feldman is a key contact for liquidations, bankruptcies and receiverships.

Responsables de la pratique:

Ehud Arzi


Autres avocats clés:

Ran Feldman


Principaux clients

Israel Discount Bank Ltd. (TASE: DSCT)


Bank Hapoalim Ltd. (TASE: POLI)


Bullguard Israel ltd.


ThyssenKrupp Presta AG


Evature Technologies (2009) Ltd..; Booking.com B.V


Syndigo LLC


SIMEST SpA


ALTI UAS (PTY) LTD


Principaux dossiers


  • Representing Discount Bank in Eliezer Fishman’s bankruptcy.
  • Representing Bank Hapoalim in recovery proceedings of loans exceeding NIS1bn.
  • Advised on the voluntary liquidations of Bullguard Israel, Omen Die Casting Group, and Evature Technologies (2009).

Yehuda Raveh & Co.

Noted for its expertise in real estate-related restructuring and liquidation proceedings, the team at Yehuda Raveh & Co. maintains a strong track record in court-appointed insolvency mandates. Chagai Ulman leads the practice and serves as court-appointed trustee in high-profile domestic bankruptcies, while counting private enterprises and public companies among his client base. Noa Solomon Ben Meir, who has experience in handling reorganisations, liquidations, bankruptcies and receiverships, is another key contact in the group.

Responsables de la pratique:

Chagai Ulman


Autres avocats clés:

Noa Solomon Ben Meir


Principaux clients

Eurocom Real Estate


Creditors of Eurocom Real Estate


IDB Holdings


The Hadassah Women’s Zionist Organization


Israel Discount Bank and Bank of Jerusalem


Naot Hapisga Modi’in Illit Ltd.


Creditors of Alon Israel Oil Company


Creditors of Kardan Real Estate


El Al Pilots


Amitim Pension Fund (Creditors of Delek Group)


Yalin Lapidot Investment House (Creditors of Tshuva Group)


Expo Fund


Kamor


Adama


Special Expertise: Insolvency in Non-Profit Organizations


Special Expertise: Insolvency in Real Estate Acquisition Group


Peninsula


Yesodot Group


M.S. Remix Moving Ltd.


Principaux dossiers


  • Acted for Alon Group’s creditors in filing a petition for debt settlement, which eventually saw the transfer of the company’s shares and assets to its creditors.
  • Acted for Heftziba, an Israeli construction company, after it went bankrupt with NIS1.6bn in debts.
  • Appointed special administrator of the Adama Group, continuing to act in relation to its liquidation.