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The Legal 500 Hall of Fame Icon The Legal 500 Hall of Fame highlights individuals who have received constant praise by their clients for continued excellence. The Hall of Fame highlights, to clients, the law firm partners who are at the pinnacle of the profession. In Europe, Middle East and Africa, the criteria for entry is to have been recognised by The Legal 500 as one of the elite leading lawyers for seven consecutive years. These partners are highlighted below and throughout the editorial.
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Israel > Restructuring and insolvency > Law firm and leading lawyer rankings

Editorial

Index of tables

  1. Restructuring and insolvency
  2. Leading individuals
  3. Next generation lawyers

Next generation lawyers

  1. 1

Who Represents Who

Find out which law firms are representing which Restructuring and insolvency clients in Israel using The Legal 500's new comprehensive database of law firm/client relationships. Instantly search over 925,000 relationships, including over 83,000 Fortune 500, 46,000 FTSE350 and 13,000 DAX 30 relationships globally. Access is free for in-house lawyers, and by subscription for law firms. For more information, contact david.burgess@legal500.com.

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Acting for every type of deal participant, Amit, Pollak, Matalon & Co. Advocates and Notary provides ‘high-quality service’ in all types of insolvencies and restructurings. Erez Haver advised Clal Credit Insurance in settlement and rehabilitation proceedings for Mega Retail Group. Haver was also appointed as special administrator to Rubicon Business Group.

Fischer Behar Chen Well Orion & Co has become a major player in the insolvency space following the arrivals of Amit Pines and Lihi Blumenfeld from Weksler, Bregman & Co., Advocates. Indeed, the team advises Bank Mizrahi-Tefahot on the insolvency of Fishman Group, acts as liquidator of two Israeli football clubs and represented Michael Golan in the insolvency of Golan Telecom.

Friedman, Yunger & Co. Advocates acts for insolvent corporates and also advises creditors such as First International Bank of Israel in litigation. The ‘practical and highly intelligent’ Itzhak Yunger serves as special administrator of BSR Europe, which holds assets valued at over €100m across the EU. Dan Friedman is a contact.

Specialising in multijurisdictional insolvency proceedings, Gornitzky & Co. advises distressed corporates and creditors and is regularly involved in the largest bankruptcy and insolvency matters in Israel. Indeed, Pinhas Rubin and Yaron Elhawi are advising Bank Hapoalim, the largest creditor to Eliezer Fishman, in relation to his NIS4.5bn bankruptcy proceedings. Kfir Yadgar is another name to note.

Lipa Meir & Co regularly acts for creditors and debtors in Israel’s largest insolvency proceedings. Lipa Meir and Zuriel Lavie represent debtors such as ZIM Integrated Shipping and Mega Retail Group, and creditors including Bank Hapoalim and Israel Discount Bank. Amir Bartov joined Shimonov & Co. - Law Firm.

Weksler, Bregman & Co., Advocates’ restructuring team is involved in high-value debt arrangements. Ofer Yankovich represented AFI Investments in all proceedings associated with its debt of NIS7.5bn. Amit Pines joined Fischer Behar Chen Well Orion & Co.

GKH – Gross, Kleinhendler, Hodak, Halevy, Greenberg & Co has experience acting for distressed corporates and bondholders in large cross-border debt arrangements. Adva Bitan is representing ZIM Integrated Shipping Services in a long-running multibillion-dollar debt restructuring. Aya Yoffe and David Fohrer jointly head the department.

Herzog Fox & Neeman has expertise in corporate insolvency and debt arrangements. Yaniv Dinovitch is advising various creditors on the second creditor’s settlement of Mega Network, while Asher Dovev is assisting Intel and Apple Israel with separate liquidation proceedings of their subsidiaries.

S. Horowitz & Co has a very active team handling creditor arrangements in connection with large insolvencies and debt restructurings. Ran Feldman represents Reshet Media and Paz Oil Company in Mega Retail Group’s debt arrangements. Ehud Arzi and Michelle Liberman are other contacts.

Yigal Arnon & Co represents major Israeli banks in insolvency proceedings and also has experience acting for distressed corporates. Amnon Lorch is advising the liquidator of Israel Broadcasting Authority in perhaps the largest-ever liquidation of a government entity in Israel. Dror Vigdor and Gil Oren are active in the department.

In 2017, Erdinast, Ben Nathan, Toledano & Co welcomed Raanan Kalir and Alon Binyamini, who had jointly led Kalir Binyamini & Co. The two new partners specialise in insolvency and debt arrangements and are advising the bondholders of the insolvent Alon Israel Fuel Company.

Knoller & Co. has ‘impressive knowledge’ of Israel’s insolvency laws and can ‘rival larger law firms’ in terms of service and quality. The team regularly serves as receiver and administrator in cross-border liquidations, and Eviatar Knoller and Yariv Shai Yashinovsky are key contacts.

M. Firon & Co Advocates and Notaries often acts for debt holders and insolvent corporates and is involved in cross-border liquidation proceedings for various real estate groups. Ron Bar-Nir is acting for Ashtrom Group in various real estate insolvencies.

Meitar Liquornik Geva Leshem Tal Law Offices’ insolvency department specialises in advising banks and other creditors on debt arrangements and liability disputes filed by liquidators. Eyal Rosovsky represented Bank Leumi in personal bankruptcy proceedings against Eliezer Fishman. Amir Dolev joined from Bergerson Law.

Naschitz, Brandes, Amir & Co. primarily serves as trustee in complex liquidation proceedings. Alona Baumgarten is acting as trustee of Globus Max in a stay of proceedings, and in a separate matter is serving as receiver of dual-listed Leadcom.

Shaul Kotler Law Firm is a ‘high-quality firm’ that is rated by one client as ‘among the best for liquidation proceedings’ in Israel. Acting as liquidator of SHG Golden & Silver, Shaul Kotler appeared before the Supreme Court and won the authorisation to sell the company’s rights in Israel and Kyrgyzstan.

Following its merger with Raved, Magriso, Benkel & Co., Shibolet & Co. with Raved, Magriso, Benkel & Co. has become a player in Israel’s restructuring and insolvency field. While at Raved, Magriso, Benkel & Co., Joseph Benkel and Alon Kazayoff were often appointed as trustees in major Israeli insolvency cases.

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Legal Developments in Israel

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