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MUSEUM TOWER, 4 BERKOWITZ ST, TEL AVIV 6423806, ISRAEL
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Work +972 3 777 8333
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www.shibolet.com
New York, Tel Aviv, Tel Aviv

Israel

Banking and finance
Banking and finance - ranked: tier 3

Shibolet & Co. with Raved, Magriso, Benkel & Co.

Shibolet & Co. with Raved, Magriso, Benkel & Co. is involved in an impressive array of cross-border project finance transactions, where it works for lenders and borrowers. Alon Ziv advised Clal Insurance Company on its role in a consortium of international lenders in connection with the provision of financing for several power projects in the US, and also assisted The Phoenix Insurance Company with the financing agreements for multiple renewable energy projects in Israel. Additionally, Ziv advised Cooperative Rabobank and Atradius Dutch State Business on the provision of financing for a contractor associated with the Dead Sea reclamation project. Other key figures include David Magriso and Ofer Zuzovsky, who acted for Bank Hapoalim and Harel Insurance Company, as joint lenders, in relation to a syndicated loan agreement for the Herzliya Hills real estate project. The team is also engaged by foreign banks, including Silicon Valley Bank, as well as a number of prestigious borrowers.

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Capital markets
Capital markets - ranked: tier 2

Shibolet & Co. with Raved, Magriso, Benkel & Co.

Shibolet & Co. with Raved, Magriso, Benkel & Co. is regularly involved in domestic debt and equity offerings, and has particular expertise in crypto-related trading and ICOs. Jointly headed by Adi Zaltzman and Moshe Ne’eman, the team is especially experienced in acting for hi-tech and growth companies. Recently, Zaltzman assisted Brenmiller Energy with its highly successful IPO on the TASE, and Ne'eman advised Space-Communication on a complex rights offering in addition to a number of debt issuances. The team has also handled various type of offerings for Tnuport, Compugen, and Zvi Tzarfati & Sons Investments & Constructions. Another key contact is Saul Adereth, who heads the blockchain and smart contracts practice and recently advised Endor.coin on an ICO of its crypto-token, EDR. Adereth also advises clients such as Hub Data Protection on commercial and regulatory issues associated with planned ICOs.

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Commercial, corporate and M&A
Commercial, corporate and M&A - ranked: tier 3

Shibolet & Co. with Raved, Magriso, Benkel & Co.

With 'impressive knowledge of US and Israeli law',¬†Shibolet & Co. with Raved, Magriso, Benkel & Co.¬†is 'practical, versatile, professional and, most importantly, never stagnant'. The team is especially standout in the hi-tech sector, where it has a reputation for cross-border M&A and investment transactions. Indeed,¬†Alon Ziv¬†advised French public company Guerbet on its ‚ā¨60m acquisition of Accurate Medical, and¬†Revital Ben-Artzi¬†assisted a company with the sale to an Asian buyer of its controlling stake in a company based abroad. The team was also involved in a significant transaction in the fashion retail sector. The department is jointly headed by¬†Lior Aviram¬†and¬†Gadi Ouzan, who have particular expertise in the hi-tech industry.

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Competition/antitrust
Competition/antitrust - ranked: tier 3

Shibolet & Co. with Raved, Magriso, Benkel & Co.

Clients of Shibolet & Co. with Raved, Magriso, Benkel & Co. can expect 'impressive response times' from 'fully engaged partners', who 'take the time to become deeply familiar with a client's business and industry needs'. The key figure in the antitrust team is Gil Rosenberg, who advises the firm's corporate clients on the merger control aspects associated with domestic and cross-border M&A; in that regard, the team advised Camtek on the requirements of regulatory approvals for a business sale transaction, and also assisted Castro Model with the merger filing for its acquisition of Hoodies. In the contentious space, Rosenberg and Helena Beilin are representing James Richardson Proprietary in a class action concerning excessive pricing at its Ben Gurion Airport locations.

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Dispute resolution: class actions
Dispute resolution: class actions - ranked: tier 2

Shibolet & Co. with Raved, Magriso, Benkel & Co.

Shibolet & Co. with Raved, Magriso, Benkel & Co. is especially active in high-value consumer protection class actions, but is also involved in complex class actions involving antitrust and securities law. One key contact in the team is Hillel Ish-Shalom, who is representing Ceragon Networks in a NIS300m securities class action, and is also handling consumer protection claims for S. Schestowitz Group and Jafora Tabori. Additionally, Ofer Larisch is acting for Chemipal in relation to a NIS600m class action concerning alleged misrepresentation on the packaging of home pregnancy tests, and Amir Frankl is representing Glicksman Egg Marketing in several class actions, including a NIS470m claim alleging the presence of salmonella in eggs distributed by the company. The team is also involved in a high-profile multibillion-shekel antitrust class action. Other key figures in the department include Ofer Shapira, Shmuel Galinka and Joseph Benkel.

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Dispute resolution: local litigation and arbitration
Dispute resolution: local litigation and arbitration - ranked: tier 3

Shibolet & Co. with Raved, Magriso, Benkel & Co.

Shibolet & Co. with Raved, Magriso, Benkel & Co.'s litigation team has grown considerably since the 2018 merger brought partners including Joseph Benkel and Shiri Shapiro to the team. The merger has also brought greater activity in administrative and commercial disputes in the infrastructure and telecoms sectors. Benkel and Shapiro are representing Israel Ports Developments & Assets Company in a dispute with China Harbour Engineering's Pan-Mediterranean Engineering Company, and also act for a joint venture comprising Ashtrom Group and Vered Quarries in a high-value dispute with Israel National Roads Company. Another name to note is Ofer Larisch, who is helping to lead a team that is representing Cellcom and Partner Communications, as plaintiffs, in a dispute with Bezeq alleging the defendant's breach of a tripartite agreement among the three companies, as well as violations of certain regulatory requirements. Other key figures include Hillel Ish-Shalom, Ofer Shapira and Shmuel Galinka.

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Dispute resolution: mediation and international arbitration
Dispute resolution: mediation and international arbitration - ranked: tier 3

Shibolet & Co. with Raved, Magriso, Benkel & Co.

Shibolet & Co. with Raved, Magriso, Benkel & Co. has experience with mediation and international arbitration, and the enforcement of foreign arbitral awards. Joseph Benkel, who joined the firm through a 2018 merger, is representing Sorek Desalination and its constituent partners in UNCITRAL proceedings with its Swiss supplier. Shmuel Galinka is acting for F. Robotics Acquisitions in international arbitration proceedings with an Austrian counter-party regarding a breach of a distribution agreement between the two companies.

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Employment
Employment - ranked: tier 2

Shibolet & Co. with Raved, Magriso, Benkel & Co.

Shibolet & Co. with Raved, Magriso, Benkel & Co. is especially active in the hi-tech sector, where it advises international and domestic companies on the employment aspects of M&A and investment transactions, and employee remuneration options. Additionally, Hadas Raccah-Dvir has advised Delta Galil Industries on a wide range of legislative and compliance mandates, and recently assisted the client with a collective negotiation regarding salary and the termination of unionised employees. Raccah-Dvir also provides ongoing advice to General Motors, Jafora Tavori and Siemens Group. Also of note is the firm's niche expertise in blockchain and cryptocurrencies; stemming from this, the labour and employment team has advised clients on issues such as crypto-based employee awards and crypto compensation policies.

Leading individuals

Hadas Raccah-Dvir - Shibolet & Co. with Raved, Magriso, Benkel & Co.

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Energy and infrastructure
Energy and infrastructure - ranked: tier 3

Shibolet & Co. with Raved, Magriso, Benkel & Co.

From project consortiums to lenders to EPC and SPC contractors, Shibolet & Co. with Raved, Magriso, Benkel & Co. acts for nearly every type of project participant in domestic and international infrastructure, clean energy and power projects. A key contact in the team is Alon Ziv, who is advising a prominent Israeli corporate on the development of a high-value infrastructure project in Africa, and is acting for a well-known multinational engineering company in relation to the finance, construction and operation of a power project in Israel. Ziv is also active on the lender side, where he advised Clal Insurance Company on its provision of financing for the development of a photovoltaic project developed by the Kibbutz Economies Group. Further, Revital Ben-Artzi is acting for Telemenia Worldwide Projects in relation to power projects in Europe, Africa and South America. Also recommended is David Magriso, who is acting for a multinational bidding consortium in relation to the pre-qualification for the finance, design, construction, operation and maintenance of the Jerusalem Light Rail Transit Network. Other key figures in the team include Orit Marom-Albeck and Eyal Ron.

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Healthcare and life sciences
Healthcare and life sciences - ranked: tier 2

Shibolet & Co. with Raved, Magriso, Benkel & Co.

With strengths in investment and M&A transactions and complex IP commercialisation, Shibolet & Co. with Raved, Magriso, Benkel & Co. is 'a one-stop-shop' for hi-tech and growth companies in the healthcare sector, venture capital funds, and tech-transfer offices. Ofer Ben-Yehuda heads the practice and handles a litany of inbound licensing work for Trendlines Medical. The team has also negotiated high-value outbound licensing agreements. Moreover, Einat Weidberg is engaged by companies such as Galil Medical, NovoCure and Cartiheal, and also acts for R&D centres and incubators including Alon Medtec. Other key figures include Amir S. Iliescu and Tal Karplus, the latter of whom specialises in IP commercialisation and tech-transfer mandates.

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Hi-tech and start-ups
Hi-tech and start-ups - ranked: tier 1

Shibolet & Co. with Raved, Magriso, Benkel & Co. 

Shibolet & Co. with Raved, Magriso, Benkel & Co.  handles significant investment and M&A transactions in the hi-tech sector, where it has particular expertise in fintech, cryptocurrencies, cyber law, AI, and autonomous vehicles. On the company side, department head Lior Aviram and Vered Horesh advised Lear Corporation on its $70m of Israel's EXO Technologies, which is involved in high-accuracy GPS tracking for connected vehicle applications. Further, Amir Iliescu acted for GameFly in relation to the acquisition by Electronic Arts of its cloud gaming and streaming business. Acting on the investor side, Iliescu also assisted CVC Growth with its $100m investment into Israeli cybersecurity company SkyBox. In the cryptocurrency space, the team's clients include Bancor. Also of note, the department has considerable experience working with innovation hubs and technology accelerators. One notable accelerator client is Technion DRIVE Accelerator, which focuses on facilitating seed stage growth and investment; the team is also engaged by accelerators in the fields of fintech, autonomous vehicles, and maritime technology. Other key contacts include Einat Weidberg and Limor Peled.

Next generation lawyers: Hi-tech and start-ups

Vered Horesh - Shibolet & Co. with Raved, Magriso, Benkel & Co. 

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Intellectual property: commercial/transactions
Intellectual property: commercial/transactions - ranked: tier 2

Shibolet & Co. with Raved, Magriso, Benkel & Co.

Shibolet & Co. with Raved, Magriso, Benkel & Co. is engaged by Israeli corporates in the healthcare, agtech and media sectors, and also handles commercial agreements for multiple tech-transfer and commercialisation organisations. The IP department is jointly headed by Tamir Afori and Tal Karplus, the latter of whom acts for tech incubator Trendlines Medical and its portfolio companies in relation to various commercial IP agreements, including recent in-license deals with Sheba Medical Centre and Mor Research Application. Meanwhile, Ofer Ben-Yehuda advised DiaCardio on out-license arrangements with Neusoft Corporation and Philips. Afori has particular experience in the media and leisure industries, where he advises OTT service provider Triple C on broadcast licensing, and also represented the Motion Picture Association in legislative proceedings concerning the Israel Design Law, which was implemented in 2018.

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Investment and venture capital funds
Investment and venture capital funds - ranked: tier 3

Shibolet & Co. with Raved, Magriso, Benkel & Co.

Shibolet & Co. with Raved, Magriso, Benkel & Co. comprises 'a team of collaborative professionals', whose 'familiarity with the market's latest trends and regulatory developments' produces high-quality legal service. In the investment funds space, Orit Sternhell-Zaltzman was involved with the formation of a Cayman Island hedge fund investing in crypto assets, and also helped establish a fund that provides debt funding to Israeli real estate projects. Also of note, the team has assisted a prominent global technology company with its investments into a venture capital fund. The firm also has a strong corporate and hi-tech practice, which regularly handles portfolio investment transactions.

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Real estate and construction
Real estate and construction - ranked: tier 3

Shibolet & Co. with Raved, Magriso, Benkel & Co.

The real estate team at Shibolet & Co. with Raved, Magriso, Benkel & Co. has a broad client base, including real estate companies, investors and purchasing groups, municipalities, and landowners. Two key figures in the team are Eran Balint and Yair Salomon, who are acting for Rozio Group, one of the country's largest purchasing groups, in relation to two major residential projects. The duo is also advising Seminar Hakibutzim on the development of a 30,000 sqm campus as part of a combination project in Tel Aviv. Also of note, the team is advising a consortium of American investors on a major tourism and commercial real estate project at Bat Yam beach, which will deliver a hotel and resort units and a commercial centre totalling roughly 54,000 sqm. The practice group has also assisted Tel Aviv Municipality and The Municipality of Jerusalem with its role in a number of residential and commercial developments.

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Real estate: urban renewal
Real estate: urban renewal - ranked: tier 2

Shibolet & Co. with Raved, Magriso, Benkel & Co.

Acting for entrepreneurs and apartment owners, Shibolet & Co. with Raved, Magriso, Benkel & Co. is involved in several large-scale evacuate-rebuild projects as well as a litany of TAMA 38 projects in Tel Aviv, Ramat Gan, Herzliya and elsewhere. Key figures in the team include Eran Balint and Yair Salomon, who are advising a prominent real estate company on a project in Jerusalem for the demolition of 138 residential units and the subsequent construction of roughly 500 new units. The duo is also acting for the apartment owners in relation to a project for the construction of 435 housing units is Ramat HaSharon. Additionally, the team has experience acting for purchasing groups, including recent advice to Rozio Group regarding the construction of 60 housing units in a prestigious area of Jaffa. Other notable developer clients include Gurkan Real Estate and Kedar Mivnim.

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Restructuring and insolvency
Restructuring and insolvency - ranked: tier 2

Shibolet & Co. with Raved, Magriso, Benkel & Co.

Shibolet & Co. with Raved, Magriso, Benkel & Co. has become a notable name in insolvency law as a result of its merger in 2018. In particular, Joseph Benkel has an active insolvency practice, serving in court-appointed roles in relation to major Israeli bankruptcies. Benkel is currently acting as trustee for the assets of Eliezer Fishman, who is the subject of one of the country's most high-profile personal bankruptcies. In this context, Benkel acts as liquidators of numerous companies in the Fishman Group and is responsible for the analysis of Fishman's debts of over NIS4bn. Benkel also acts as trustee for the companies that hold and operate the Central Bus Station in Tel Aviv. Another key contact is Alon Kazayoff, who was appointed as a trustee in a stay of proceedings involving Alitalia Airlines Israel. The team also advises secured creditors such as Bank Hapoalim on debt arrangements, which recently included a NIS318m settlement agreement between the bank and Israel Petrochemicals Enterprises.

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Tax
Tax - ranked: tier 3

Shibolet & Co. with Raved, Magriso, Benkel & Co.

Shibolet & Co. with Raved, Magriso, Benkel & Co. fields 'a hardworking, resourceful tax team' recognised for its 'out-of-the-box thinking that enables solutions to international and Israeli tax issues'. Jointly headed by Miri Bickel and Benny Kalifi, the team has particular experience with taxation in the blockchain industry. Indeed, Bickel and Vered Meller, who recently joined the team from tax boutique U. Barzily Law Offices, have assisted a number of clients, including Bancor, with ICOs, the establishment of crypto-infrastructure and other blockchain commercial activities. Contentious work includes the team representing Malca Amit in an ITA assessment procedure. The group also provides disclosure advice to individuals and corporates. Poalim Capital Market, EY and Fahn Kanne Grant Thornton are among the tax department's key clients.

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Telecoms and media
Telecoms and media - ranked: tier 3

Shibolet & Co. with Raved, Magriso, Benkel & Co.

Shibolet & Co. with Raved, Magriso, Benkel & Co. is engaged by numerous international media content producers in relation to licensing and operational issues in Israel. Tamir Afori advises a well-known media studio on the purchase of television formats from Israeli companies, and assisted Vice Media with a licensing agreement with a domestic distribution platform. Afori also represented the Motion Picture Association in various regulatory hearings before the Knesset regarding Israeli copyright reform. Also of note, the team is advising IPTV platform Triple C on the broadcasting rights, licensing and copyright matters associated with its operation. In addition, the firm handles disputes, and Joseph Benkel is representing Cellcom and Partner Communications in a dispute with Bezeq concerning its compliance with certain regulations in its provision of cellular communications and internet services.

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Transport
Transport - ranked: tier 3

Shibolet & Co. with Raved, Magriso, Benkel & Co.

Leveraging the strength of its corporate, litigation and tender law practices, Shibolet & Co. with Raved, Magriso, Benkel & Co. handles commercial work and general litigation for a variety of domestic and international transportation companies. The corporate team provides ongoing legal services to General Motors, which includes advice on privacy, environmental law and the exportation of autonomous vehicles, while the litigation group has handled general commercial and class action litigation for clients such as Albar Leasing and Shlomo Car Sale. Hillel Ish-Shalom is representing Aeroflot - Russian Airlines in a class action dispute concerning its ticket cancellation policy. Further, Adi Zaltzman provides a wide range of commercial law advice to Budget Israel and Holiday Travel Israel. Gadi Ouzan and David Magriso are key contacts in the team.

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Legal Developments in Israel

Legal Developments and updates from the leading lawyers in each jurisdiction. To contribute, send an email request to
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  • Perhaps the QuadragaCX Story Will Have a Happy Ending

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  • Israel Chapter in The Virtual Currency Regulation Review

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  • Spring is coming for real estate registration in Israel

    Israel may be the ‚ÄúStart-up Nation‚ÄĚ and a world-renowned center of technological innovation, yet for many years the procedures and conduct of the Israeli Land Registry have been trapped in the past.
  • PLATFORMS FOR HIGH NET WORTH INVESTORS IN ISRAELI HIGH-TECH

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  • NONDISCRIMINATION IN 5G STANDARDS

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  • Crash Course on Non-Disclosure Agreements

    Non-disclosure agreements are a crucial, but often overlooked, tool in allowing startup companies to grow, build strategic partnerships and explore new business relationships necessary to develop their product or bring it to market. These agreements are often short (sometimes only a page or two) and lead many founders to forego legal advice to get past this "formality" and begin working with the other party to the NDA. Yet, NDAs are important agreements with potentially far-reaching implications for the protection of a company's confidential information and intellectual property, and mishandling of NDAs can come back to haunt a startup years later.
  • Advocates Eli Greenbaum and Ezra Gross of Yigal Arnon & Co. in The Lawyer Special Report editorial

    An interview-style piece in The Lawyer, Law in Israel: moving beyond tech, quoting Eli Greenbaum and Ezra Gross:
  • Publication of Adv. Adrian Daniel's Commentary in Private Banker International on GDPR & Blockchain

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  • Article in MEA Markets on GDPR & Israeli Law

    GDPR & ISRAELI PRIVACY LAW - KEY DIFFERENCES Yoheved Novogroder-Shoshan & Miriam Friedmann of Yigal Arnon & Co. outline the key differences between GDPR & Israeli Privacy Law.  mea_markets_-_gdpr__israeli_law_-_key_differences_14.05.2018