Shimonov & Co. - Law Firm > Tel Aviv, Israel > Firm Profile

Shimonov & Co. - Law Firm
56 Mazeh St
Tel-Aviv
6578906
Israel

Israel > Capital markets Tier 1

A significant number of major publicly-traded companies, both in Israel and abroad, regularly seek the advice of Shimonov & Co. - Law Firm‘s team on a range of issues spanning public offerings, capital raisings, IPOs, and securitisation issues. Regarded as ‘the best and most respected securities lawyer’ in Israel, founding partner Israel Shimonov focuses on corporate and securities law, representing clients before the Israel Securities Authority and the Tel Aviv Stock Exchange, while Dudi Berland notably manages the non-Israeli foreign offering department at the firm with Benjamin Ben Zimra. With ‘exceptional expertise and professionalism’, Nir Cohen Sasson navigates IPOs and secondary market offerings.

Practice head(s):

Israel Shimonov; Dudi Berland

Other key lawyers:

Testimonials

‘High level of experience and knowledge of the regulatory world of public companies in Israel, from preparing a company to IPOs, to representing it in discussions with various regulatory bodies, to accompanying it during capital market events (private and public equity and debt issuance, public takeovers/M&A, etc.), and in the capital markets sector.’

‘The team accompanying us in the area of capital markets has a high level of professionalism. The office has extensive knowledge and connections, and we are very satisfied with the efficient and courteous service we receive.’

‘I would particularly like to mention the firm’s senior partner Nir Cohen Sasson, who has exceptional expertise and professionalism. I would also like to mention lawyer Israel Shimonov, the head of the office, who deals with problems as complex as we need him to.’

‘Shimonov in Israel stands out in the legal sector for its unique blend of expertise in both Israeli and US law, which makes it invaluable for cross-border cases. The team’s client-centric approach is evident in its bilingual communication skills, timely service and customised solutions.’

‘Dudi Berland is distinguished by his unwavering commitment to client success, often working to tight deadlines without sacrificing quality. His comprehensive understanding of complex legal issues is matched only by his ability to think outside the box, providing creative solutions to challenging problems.’

‘Benjamin Ben Zimra impresses with his meticulous attention to detail, ensuring that no aspect of the case is overlooked. He excels at managing deadline-sensitive projects, and delivering results that consistently exceed expectations.’

‘A great team effort with a group of dedicated young lawyers. Israel Shimonov is the best and most respected securities lawyer I know in Israel. His dedication and business acumen make him a unique lawyer.’

‘Shimonov is my Israeli law firm of choice. They combine legal intelligence with practical, market-based advice and are always super responsive.’

Key clients

Namco Realty LLC

BST Canada

Pacific Oak SOR (BVI) Holdings, Ltd. of the Pacific Oak Capital Advisors

Carasso Motors Ltd.

Fattal Holdings

Carasso Real Estate

Tnuport Yielding Real Estate

Kalkan Capital

Sapir Corp Ltd.

Extell

Acro Real Estate

Leser Group

Israel Canada Group

Messer’s Roy Gil and Yehuda Sayag

Solaer Renewable Energies Ltd.

Westdale Properties America

Lightstone Enterprises Limited of the Lightstone Group

Copperline Americas

Argo Properties N.V.

Aviv Group

Pacific Oak Strategic Opportunity REIT II, Inc.

Green Street Power Partners LLC

Tikun-Olam – Cannbit Pharmaceuticals Ltd.

Ace Capital Retail (2016) Ltd.

Gabay Properties and Development Ltd.

Emilia Development Ltd.

A.R. REM Projects Ltd.

Primotec Group Ltd.

Nofar Energy

Bikurey Hasadeh Ltd.

Hertz Investment Group

Work highlights

  • Advised Pacific Oak SOR (BVI) Holdings, Ltd. on a cross-border Series C bonds offering on the Tel Aviv Stock Exchange in which it raised NIS340m, backed by real estate properties in the US.
  • Advised Carasso Real Estate and Carasso Motors Ltd. on several series of bonds on the Tel Aviv Stock Exchange, in which a collective amount of more than NIS1.4bn was raised by the companies.
  • Advised Namco Realty LLC. on the offering of two series of bonds on the Tel Aviv Stock Exchange in which it raised NIS690m.

Shimonov & Co., founded in 1993, is the leading and most active law firm in Israel in capital markets and securities, and also one of Israel’s premier boutique law firms. The firm provides ongoing legal counsel to dozens of public companies, including some of the most prominent ones in the Israeli economy, as well as to some of the largest North American real estate companies with securities traded on the TASE.

Since its founding by Adv Israel Shimonov, one of Israel’s outstanding lawyers in the field of capital markets and securities, the firm has been providing legal support and counsel to public companies and companies wishing to go public, on a broad range of legal matters, including prospectuses and offerings, mergers and acquisitions, and issues in securities law and corporate law.

The firm uniquely specializes in representing foreign companies, especially from North America, wishing to offer securities to the Israeli public, having provided legal counsel and assistance in the vast majority of securities offerings by US companies in the domestic market.

The law firm, which is Israel’s largest and most active  in capital markets, represents 15% of all companies traded on the TASE. These figures speak for themselves, and position Shimonov & Co. at the forefront of law firms in the capital market sector in Israel.

Practice areas
Prospectuses and securities offerings: Since its founding, Shimonov & Co. has been involved in and overseen hundreds of IPOs and secondary market offerings in Israel, as well as hundreds of private placements, with an aggregate funding amount of over NIS 100bn.

Foreign companies in Israel: Shimonov & Co. uniquely specializes in the representation of foreign companies seeking to offer securities to the Israeli public. The firm has a dedicated department that engages solely in the representation of foreign companies that have offered and are currently offering securities to the public in Israel. The firm represents the vast majority of US real estate companies that have issued bonds in Israel, among them, large US real estate corporations and well-known controlling shareholders that are ranked high on Forbes’ list of the world’s wealthiest individuals.

Mergers and acquisitions: Shimonov & Co. handles merger and acquisition (M&A) transactions, primarily of public companies. Over the years, the firm has handled hundreds of public company mergers and acquisitions in Israel, dozens of tender offers, as well as complex reorganization processes (eg: spin-offs), complex in-kind dividend distributions, and similar actions stemming from the Israel Anti-Concentration Law for reducing the number of layers in pyramidal holding structures.

Counseling public companies: Shimonov & Co. law firm regularly provides ongoing legal counsel and support to prominent public companies in the Israeli economy pertaining to their operation as reporting corporations.

Capital market regulation: The firm maintains a professional department, managed by a senior lawyer who is also a trained accountant, which provides regular daily updates on legislation and regulation to the firm’s lawyers and clients as needed. Additionally, the professional department is in charge of preparing expert opinions and reviewing special cases. The firm is proud to be involved in the enactment of changes to legislation and regulations governing the field, including changes to TASE directives relating to the firm’s core practice areas.

Department Name Email Telephone
Adv. Israel Shimonov – Founding Partner israel@shimonov.com 972-3-6111000
Adv. Dudi Berland – Senior Partner dudi@shimonov.com 972-3-6111000
Adv. Nir Cohen-Sasson – Senior Partner nir@shimonov.com 972-3-6111000
Photo Name Position Profile
Dudi Berland photo Adv Dudi Berland Senior Partner
Nir Cohen-Sasson photo Adv Nir Cohen-Sasson Senior Partner
Israel Shimonov photo Adv Israel Shimonov Founding Partner
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