Adv Elite Elkon > Gornitzky & Co. > Tel Aviv, Israel > Lawyer Profile

Gornitzky & Co. Offices

Gornitzky & Co.
Vitania Tel-Aviv Tower
20 Haharash St. TLV Israel 6761310
Israel
Visit website 972 3 710 9191 972 3 560 6555

Adv Elite Elkon

Elite Elkon photo
+972 3 7109191 elkon@gornitzky.com

Work Department

Banking & Finance; Mergers & Acquisitions; Infrastructure & Project Finance; Corporate; Technology and Life Sciences; Hotels, Travel & Leisure.

Position

Partner

Career

Elite Elkon is a partner at Gornitzky & Co. 

Elite specializes in mergers and acquisitions, banking and finance (large scale, cross-border financing transactions, as well as regulatory matters), and international commercial transactions.

In recent years, she has acted in the following matters:

  • Representation of Israeli and foreign corporations in cross-border M&A transactions;
  • Representation of lenders and borrowers in financing and security transactions, including cross-border transactions and regulatory matters;
  • Representation of large Israeli banks and their respective controlling shareholders in relation to control permits and banking-related legislation and regulation, including vis-à-vis the Bank of Israel;
  • Cross-border transactions with respect to hotel management agreements, and the sale and purchase of hotels;
  • Representation of clients in commercial transactions and investments;
  • Representation of the control holders of major Israeli insurance companies in matters concerning insurance-related legislation, including vis-a-vis the Capital Markets, Insurance and Savings Commissioner.

Recent matters handled by Elite include:

  • Representation of international private equity fund Warburg Pincus, in its acquisition of Leumi Card from Bank Leumi and the Azrieli Group, in a transaction valued at NIS 2.5 billion. This was the first transaction to implement the recommendations of the Committee for Increasing Competition in Common Banking Financial Services (“The Strum Committee”), to separate the credit card companies from the banks, in order to increase competition in the Israeli banking sector.
  • Representation of Delek Group in its sale of its controlling stake in Phoenix, the holding company of one of Israel’s largest insurance companies and one of the country’s largest investment houses (Excellence), to Centerbridge and Gallatin, global private equity funds.
  • Representation of Gilis Holdings Ltd. and the Gilis Family in the sale of 60% of Gil-Car to Kedma Capital, a leading Israeli Private Equity fund.
  • Representation of Phoenix Insurance Group in investments and financing transactions in the UK and the US.
  • Representation of Clal Insurance Group in investments and financing transactions in the US.

During her legal studies, Elite served as a member of the editorial board of the Tel Aviv University Law Review.

Languages

Hebrew, English and French.

Memberships

2000, Israel Bar Association

Education

Executive MBA, Kellogg-Northwestern University and the Tel Aviv University (joint degree) (2005); LL.B., magna cum laude, Tel Aviv University (1999) – Dean’s List (1996).

Lawyer Rankings

Israel > Banking and finance

With notable expertise in export finance, Gornitzky & Co. is regularly sought out by the five largest banks in Israel, as well as by non-bank institutional lenders and borrowers, for advice on both transactional and regulatory matters, ranging from real estate financings and credit risk mitigation structuring, to acquisition finance and debt financing work. Practice head Eli Elya is a key contact, routinely advising on out-of-court debt restructurings, while Dubi Gross and Elite Elkon notably focus on cross-border banking and finance transactions. The team also includes Inbal Badner and Hana Atias, noted for their expertise in real estate and construction finance work; Idan Baki, who is an expert in acquisition and leveraged financings; and credit transaction and regulatory specialist Ori Yitzhak.

Israel > Commercial, corporate and M&A

(Leading individuals)

Elite Elkon – Gornitzky & Co.

Regarded as the go-to firm for new international players on the Israeli market, Gornitzky & Co. maintains a stellar reputation in the field, handling the country’s highest-profile M&A transactions, while also notably assisting private equity firms in their private capital raising operations. Department co-head Chaim Friedland is the main contact, while fellow co-head Elite Elkon’s practice includes financial regulatory matters and financing transactions. Other key names include Timor Belan, who concentrates his strong capabilities on international compliance and investigations, hi-tech industry expert Yehonatan Raff, and firm chairman Pinhas Rubin.

Lawyer Rankings

Top Tier Firm Rankings

Firm Rankings