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Yigal Arnon & Co

1 AZRIELI CENTRE, TEL AVIV 67021, ISRAEL
Tel:
Work +972 3 608 7777
Fax:
Fax +972 3 608 7724
Email:
Web:
www.arnon.co.il
Jerusalem, Tel Aviv, Tel Aviv

Gil Oren

Tel:
Work +972 3 608 7871
Email:
Yigal Arnon & Co

Work Department

Banking and Finance, Capital Markets, Commercial Law, Corporate Finance, Insolvency and Creditors' Rights, Mergers and Acquisitions.

Position

Gil Oren, an experienced partner at Yigal Arnon & Co., focuses on capital markets, mergers and acquisitions, corporate finance, insolvency and creditors’ rights, and other practice areas: 

  • Capital Markets.  For more than two decades, Gil has provided ongoing legal counsel for public Israeli companies.  Gil co-manages the firm’s capital markets group, and provides his clients strategic legal advice relating to a broad spectrum of issues affecting public companies, including corporate governance and compliance, partnerships, debt securitization, controlling shareholder and other interested party transactions, executive compensation, enforcement programs, public offerings, private placements, debt arrangements, and investment and finance agreements.  He also contributes to various special committees in public companies.
     
  • Mergers and Acquisitions.  Gil handles complex public and private M&A transactions, where he is known for his strong business orientation, financial understanding, awareness of the regulatory complexities that characterize publicly-traded companies, and familiarity with both securities and corporate regulations. This combination of knowledge and experience enables Gil to offer creative solutions to overcome obstacles to get the deal close.  
     
  • Insolvency and Creditors’ Rights.  Gil is one of the leading partners of the firm’s insolvency and creditors’ rights practice group.  He has been involved in prominent, large scale public company debt arrangements and restructuring, representing companies, controlling shareholders, or debtors and creditors, such as banks, bond holders and others, including some of Israel's leading institutional investors. Additionally,  Gil was used as a receiver and liquidator to handle matters of significant volumes. 
     
  • Corporate Finance.  Gil represents a wide range of clients – leading Israeli and foreign banks, several of Israel's largest investment houses and prominent holding companies – in a variety of corporate finance transactions requiring special expertise in complicated areas. These include tax planning, banking, securitization and other regulatory matters, as well as transactions focused on acquiring, developing and managing real estate, often including the sale of mortgages.  
     
  • Communications. Gil has advised some of Israel’s leading telecommunications companies on various aspects including regulation issues and ongoing corporate matters.

Career

Gil is often invited to lecture at conferences on matters relating to corporate governance, structured finance and Israeli securities laws. He joined the firm in 1994 and became a partner in 1999.

Languages

Gil is fluent in Hebrew and English.

Member

Gil was admitted to the Israel Bar in 1994.

Education

Gil received his law degree from Tel Aviv University in 1992. 
He has authored and co-authored various articles, including:

  • "Debts capital markets in Israel: regulatory overview" and ""Equity capital markets in Israel: regulatory overview" in "Practical Law Global Guide";
  • "He Who Has The Money Has The Say? Not anymore" in "Globes", Israel's business newspaper;
  • "There Are Securities and There is Debt, But No Settlement" in the Hebrew journal "רואה החשבון"; and
  • "Securitization in Israel" in the International Publication "Global Securitization & Structured Finance".


Israel

Capital markets

Within: Capital markets

Yigal Arnon & Co advises issuers and underwriters and has been increasingly active handling transactions on foreign exchanges. Shiri Shaham advised the lead underwriters on the first-ever planned IPO of an Israeli company on the HKEX. David Schapiro has expertise in cross-border securities transactions with the US. Gil Oren is another contact.

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Restructuring and insolvency

Within: Restructuring and insolvency

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.

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Legal Developments by:
Yigal Arnon & Co

  • Perhaps the QuadragaCX Story Will Have a Happy Ending

    While there are the aficionados who will say that cryptocurrencies will free us of the chains of the global financial institutions, on the occasions when the world of cryptocurrencies intersects with the world in which most of us live, the news is generally bleak. While you may not know one side of a Bitcoin from the other, you probably know that its value has crashed over the last 13 months, you may even have heard about some of some of the larger cryptohacks (that is computer heists through which digital currencies belonging to investors are stolen from crypto trading exchanges). And over the last week or so, you may have read on mainstream news sites about the death of Gerald Cotton the CEO of Canada’s largest cryptoexchange QuadragaCX. The death of the CEO of a company that few had previously heard of, was news of course, because in his passing he had taken the passwords to the accounts of his customers with him. The result of this being that about $140 million of their money was stuck somewhere between this world and the celestial ether in which Mr. Cotton now resides. Of course, it wasn’t quite told like that. We were fed terms such as “private keys,” lack of “multi-signature protection,” “cold storage wallets” and more readily understandable – “cryptofraud”. Again!
    - Yigal Arnon & Co

Legal Developments in Israel

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

    While there are the aficionados who will say that cryptocurrencies will free us of the chains of the global financial institutions, on the occasions when the world of cryptocurrencies intersects with the world in which most of us live, the news is generally bleak. While you may not know one side of a Bitcoin from the other, you probably know that its value has crashed over the last 13 months, you may even have heard about some of some of the larger cryptohacks (that is computer heists through which digital currencies belonging to investors are stolen from crypto trading exchanges). And over the last week or so, you may have read on mainstream news sites about the death of Gerald Cotton the CEO of Canada’s largest cryptoexchange QuadragaCX. The death of the CEO of a company that few had previously heard of, was news of course, because in his passing he had taken the passwords to the accounts of his customers with him. The result of this being that about $140 million of their money was stuck somewhere between this world and the celestial ether in which Mr. Cotton now resides. Of course, it wasn’t quite told like that. We were fed terms such as “private keys,” lack of “multi-signature protection,” “cold storage wallets” and more readily understandable – “cryptofraud”. Again!
  • Israel Chapter in The Virtual Currency Regulation Review

    Earlier this year, the Israel Tax Authority (ITA) issued two circulars, one on the taxation of digital tokens and the second addressing the taxation of utility tokens in initial coin offerings (ICOs). Additionally, in March, the Israel Securities Authority (ISA) released a detailed interim report by the Committee for the Regulation of Public Offerings of Decentralized Cryptocurrency Coins (Report) (with a follow-up report due to come out around October 2018). Moreover, it is expected that before the end of 2018, legislation will come into force that for the first time will see Israeli primary legislation define virtual currencies as financial assets and mandate licensing for related services, as is later discussed in detail.
  • Spring is coming for real estate registration in Israel

    Israel may be the “Start-up Nation” 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

    Israeli hi-tech and its sources of funding have grown and diversified tremendously since the bubble burst in 2001 and over the last decade since the height of the financial crisis in 2007-2008.
  • NONDISCRIMINATION IN 5G STANDARDS

    Nondiscrimination has been the neglected stepchild of the FRAND commitment. Patent owners participating in standards organizations typically commit to license their technology on “fair, reasonable, and nondiscriminatory (“FRAND”) terms.”
  • 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

    Publication of Adv. Adrian Daniel's Commentary in Private Banker International on GDPR & Blockchain.
  • 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
  • Clarifications regarding Supervision of Financial Services Law (Regulated Financial Services)

    Authored by Adv. Simon Weintraub, Adv. Shiri Shaham, Adv. Yuval Shalheveth of Israeli law firm, Yigal Arnon & Co.: