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Tadmor Levy & Co.

5 AZRIELI CENTER, THE SQUARE TOWER, 132 BEGIN ROAD, TEL AVIV 6701101, ISRAEL
Tel:
Work +972 3 684 6000
Fax:
Fax +972 3 684 6001
Email:
Web:
www.tadmor.com
Tel Aviv, Tel Aviv

Israel

Banking and finance
Banking and finance - ranked: tier 3

Tadmor Levy & Co.

Tadmor Levy & Co. has close working relationships with some of Israel's largest banks and financial institutions, which it advises on lending mandates and transactions in the heavily regulated banking sector. David Tadmor handles a wide variety of matters for Bank Leumi, which has recently included representing the bank before a government committee concerning the mandated separation between the country's banks and their credit card companies. In the lending space, the team acted for Bank Hapoalim in relation to a NIS2.8bn financing transaction for the construction of a power plant in Ashalim, and also advised Israel Discount Bank on multiple financing transactions for real estate and infrastructure development projects. Also of note, Aviad Lachmanovich advises a subsidiary of Direct Insurance Financial Investment on securitisation transactions with a number of Israel's major banks and institutional investors. The banking team also advises The Association of Banks in Israel on various regulatory issues, and handles complex banking litigation in conjunction with the firm's strong litigation department.

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Commercial, corporate and M&A
Commercial, corporate and M&A - ranked: tier 2

Tadmor Levy & Co.

Tadmor Levy & Co. is, according to a client, 'a go-to firm for high-value M&A'. The firm's 'unique level of client service' and 'comprehensive grasp of commercial and legal issues' prompt one client to say that it 'would trust the firm to handle complex M&A blindfolded'. The corporate team is jointly headed by Yaniv Aronowich and Ophir Nave, the latter of whom advised dual-listed Israel Chemicals on the $1bn sale of its fire safety and oil additives business to SK Capital. 'A great contact for large cross-border transactions', Nave has also been involved in significant deals in the defence and agricultural sectors. Acting together, Nave and Aronowich are advising a prominent investment fund on its contemplated high-value acquisition of an Israeli group comprising dozens of companies.

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Competition/antitrust
Competition/antitrust - ranked: tier 1

Tadmor Levy & Co.

By some clients' reckoning, Tadmor Levy & Co. is 'one of the very best antitrust teams in Israel'. Led by David Tadmor, 'a gifted antitrust lawyer', who formerly served as the country's Antitrust Commissioner, the firm is highly sought after by international corporates facing enforcement procedures, regulatory investigations, and follow-on claims in Israel. In this regard, Shai Bakal is representing clients such as Siemens and Daimler in proceedings following determinations concerning the existence of various global cartels. Similarly, the team is representing Nespresso Israel and Nestlé Nespresso in a class action claim concerning alleged monopolistic behaviour and unfair pricing. Bakal is also representing El Al Airlines in an appeal against the decision not to approve a merger between El Al and Israir Airlines. Additionally, the team, which includes Ayal Hacohen, regularly advises major multinationals on antitrust issues associated with their M&A activities in Israel.

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Dispute resolution: class actions
Dispute resolution: class actions - ranked: tier 1

Tadmor Levy & Co.

The litigation group at Tadmor Levy & Co. is recognised for its expertise across a range of disputes, and has particular experience with class actions involving banking and insurance products, and follow-on antitrust claims. In the financial services sector, department head Yechiel Kasher represented Bank Leumi in an objection to a class action alleging that the bank failed to fulfill its duties toward clients holding dormant accounts. The team also represented Bank Hapoalim in a NIS370m class action regarding consultation provided by the bank in relation to exchange-traded notes. Additionally, Kasher is representing eBay and PayPal in separate class actions involving foreign currency conversion fees. The team also defends Leumi Card in a litany of class actions concerning restrictive practices and currency conversion fees, among other issues. Also recommended is Shai Bakal, who has been involved in antitrust class actions for Nespresso Israel and Daimler.

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Dispute resolution: local litigation and arbitration
Dispute resolution: local litigation and arbitration - ranked: tier 2

Tadmor Levy & Co.

Acting for domestic and international corporates from a variety of industry sectors, Tadmor Levy & Co. has been involved in multiple novel disputes and litigation presenting potentially market-wide consequences. In one example, the highly recommended Yechiel Kasher is acting for TGS-NOPEC Geophysical Company in relation to a dispute over the rights to overriding royalties arising from offshore oil and gas exploration. Kasher also represented First International Bank of Israel in a dispute regarding the bank's decision not to open bank accounts for companies trading in crypto-currencies. Other significant work included acting for Allergan in relation to a $300m derivative claim arising out of Teva's acquisition of Allergan's generics business. Additionally, the team represented an online commerce company in a claim concerning the governing law clause of its standard form agreements. Other key figures include Nir Kehat and Assaf Priel.

Leading individuals

Yechiel Kasher - Tadmor Levy & Co.

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Employment
Employment - ranked: tier 2

Tadmor Levy & Co.

Tadmor Levy & Co. provides ongoing labour and employment advice to prominent domestic and international employers, and also handles labour litigation and collective negotiations for some of Israel's largest corporates. Indeed, the team was involved in a number of labour and employment disputes for Rafael Advanced Defense Systems, Sonol Israel and Sprint Motors. Additionally, the department is engaged by Assuta Medical Centers in relation to all of its employment concerns, including employee terminations, collective negotiations and HR management. Led by Tal Keret, the team also provides day-to-day labour law advice to Credit Suisse, and assisted a Chinese construction contractor with all relevant work permits and regulatory compliance aspects for operating in Israel. Also of note, Keret acted for the labour union of Egged Israel Transport Cooperative Society in negotiations for a significant new collective agreement.

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Energy and infrastructure
Energy and infrastructure - ranked: tier 1

Tadmor Levy & Co.

'By any measure', Tadmor Levy & Co. 'has one of the best projects teams in Israel'. Led by the 'hugely experienced and highly respected' Noa Meidan, the department is best known for advising government parties on large-scale infrastructure projects, though the team is also engaged by domestic lenders, and has experience advising international project companies. In the transport infrastructure space, Meidan is advising the State of Israel on the full tender process for the financing, construction, operation and maintenance of the newest extension of the Jerusalem Light Rail; she is also acting for the governmental company responsible for facilitating the development of the Tel Aviv Light Rail, NTA - Metropolitan Mass Transit System, in relation to the most recent tenders for the development of the Green Line and Purple Line. Also of note, Meidan is acting for the State of Israel in relation to the Red Sea-Dead Sea water project; an international PFI project involving the Kingdom of Jordan, which is one of the largest global PFI projects to date. On the lender side, the team has advised Bank Hapoalim, Israel Discount Bank and Bank Leumi on financing transactions for the development of various energy projects, road developments and defence infrastructure. Additionally, Ziv Wassercug is representing Shanghai International Port Group in negotiations with Israel Ports Development & Asset Company for the EPC and O&M agreements for the development of a new port terminal. Other key contacts include Asher Bichoonski and Idan Hirshberg.

Leading individuals

Noa Meidan - Tadmor Levy & Co.

Next generation lawyers: Energy and infrastructure

Idan Hirshberg - Tadmor Levy & Co.

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Healthcare and life sciences
Healthcare and life sciences - ranked: tier 1

Tadmor Levy & Co.

Tadmor Levy & Co. is 'a truly excellent firm with specific expertise in the healthcare industry' and 'extensive knowledge of every possible regulatory hurdle' a client may face. A key figure in the team is Efrat Shapira-Orren, 'a bright, assertive and highly professional lawyer', who heads the firm's healthcare practice and also serves as chief counsel to Assuta Medical Centers, the largest chain of private hospitals in Israel. In this capacity, the team represents the client in regulatory and administrative procedures, and advises on issues including cross-border collaboration agreements, clinical trials, data and privacy laws, and relationships with physicians and insurers. Additionally, David Tadmor provides ongoing regulatory advice to SAREL Supplies & Services for Medicine, and the antitrust team advised an international pharmaceutical company on issues concerning its distribution arrangements. Also recommended is Elie Sprung, who regularly advises Israeli start-ups and growth companies in the healthcare sector on commercial and financing agreements.

Leading individuals

Efrat Shapira-Orren - Tadmor Levy & Co.

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Hi-tech and start-ups
Hi-tech and start-ups - ranked: tier 2

Tadmor Levy & Co.

'Hungry for success and fully committed to the goals of its clients', Tadmor Levy & Co. is instructed primarily by early stage start-ups, which it advises on investment transactions and out-license agreements as well as all ongoing corporate matters necessary for business expansion. Headed by Elie Sprung, the team has handled a number of seed and Series A financing rounds for companies in a range of technological fields, such as healthcare and medical devices, autonomous vehicles, fintech, cloud computing, and blockchain; Memic Innovative Surgery, Kindite, and City Transformer are among the team's company-side clients. Also of note, the team has experience acting for technology incubators and accelerators. Sprung provides ongoing advice to DRIVE Accelerator in relation to its Fast Lanes programme, and is also engaged by one of Israel's 20 state-sponsored technology incubators, Incentive Incubator. Other key contacts include Yaniv Aronowich and Ophir Nave.

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Real estate and construction
Real estate and construction - ranked: tier 2

Tadmor Levy & Co.

Tadmor Levy & Co. advises real estate developers, banks, financiers and corporate occupiers on large-scale residential and mixed-use development projects. The department is led by Sigal Shapira, who advised Friedman Chachshoori Engineering and Building Company on its sale of development rights for 600 residential units in the Park TLV project; this transaction also involved an option to purchase one-third of the development rights for an additional 2,500 residential units. Further, the team is acting for YH Dimri Construction and Development in relation to its successful bid for a residential development in Netivot under the framework of the Mechir Lamishtaken programme. In the finance space, Shapira advised Israel Discount Bank on the provision of financing for five large-scale projects, the first stages of which drew financing of approximately NIS1.5bn. Additionally, the practice group has handled high-value lease transactions for corporate occupiers such as Leumi Card and Decathlon Group. Senior associate Shoam Keren joined the firm from Charcon, Ben Ami, Asher & Co. Law Offices and now heads the group's planning and zoning practice within the larger real estate group.

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Real estate: urban renewal
Real estate: urban renewal - ranked: tier 1

Tadmor Levy & Co.

Given the firm's 'broad expertise and market recognition', Tadmor Levy & Co. is 'able to provide critical assistance at all stages' of large-scale evacuate-rebuild projects. Led by Sigal Shapira, the team is consistently involved in some of the market's very largest urban renewals. In a standout matter, Shapira is acting for a development joint venture comprising New Israel Land Development and YH Dimri Construction and Development in relation to the Neve David project in Haifa, which will involve the construction of 2,500 residential units. Shapira is also advising YH Dimri Construction and Development on an evacuate-rebuild project in Kfar Saba for the construction of 1,200 new housing units. The team has also acted for tenant committees, including recently advising the rights holders in a NIS2bn project in Givatayim for the construction of 600 new units.

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