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S. Friedman & Co. Advocates & Notaries

AMOT INVESTMENTS BUILDING, 2 WEIZMANN STREET, TEL AVIV 6423902, ISRAEL
Tel:
Work +972 3 693 1931
Fax:
Fax +972 3 693 1930
Email:
Web:
www.friedman.co.il
Haifa, Herzliya, Tel Aviv

Israel

Capital markets
Capital markets - ranked: tier 3

S. Friedman & Co. Advocates & Notaries

'Agile, responsive and creative', S. Friedman & Co. Advocates & Notaries has particular expertise acting for listed companies in relation to public M&A, debt and equity offerings, and securities regulatory matters. The department is headed by Arnon Mainfeld, who advised KMA Holdings on its acquisition of Liberty Properties; because the target was listed, under Israeli law, the acquisition had to be structured through a full tender offer. Also recommended is Sarit Molcho, who assisted LSE-listed Matomy Media Group with its issuance of convertible bonds on the TASE; this marked the first-ever convertible bond offering by an LSE-listed company on the TASE. The team has also advised clients including Arko Holdings, RADA Electronic Industries and Almogim Holdings on various Israeli debt offerings.

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Commercial, corporate and M&A
Commercial, corporate and M&A - ranked: tier 4

S. Friedman & Co. Advocates & Notaries

The team at S. Friedman & Co. Advocates & Notaries has expertise in cross-border investments, commercial agreements and public company M&A. Key figures include Sarit Molcho and Arnon Mainfeld, who head the corporate and capital markets teams respectively; the duo acted for KMA Holdings in relation to its $32m acquisition of Liberty Properties, which was contingent on the completion of a full tender offer for the shares held by the public. Molcho is also instructed by a Chinese private equity investor. The team also includes hi-tech specialist Tal Tirosh, who has experience in tech licensing transactions and other commercial agreements.

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Dispute resolution: class actions
Dispute resolution: class actions - ranked: tier 3

S. Friedman & Co. Advocates & Notaries

S. Friedman & Co. Advocates & Notaries acts for major domestic corporates in class actions involving consumer protection violations, and is increasingly involved in cases concerning disabled access. Also of note, Lily Doron is representing Zim Integrated Shipping Services in a motion to approve a class action regarding the client's alleged involvement in a restrictive arrangement, and department head Itamar Anaby is acting for University of Haifa in relation to a claim regarding the University's compensation policy for research assistants. Anaby is also representing Tnuva in a motion to approve a class action concerning animal rights and sanitation regulations at the company's slaughterhouses. The team is also involved in multiple class actions for Eldan Transport, including a NIS47.5m claim regarding the client's options for handicapped-accessible vehicles.

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Dispute resolution: local litigation and arbitration
Dispute resolution: local litigation and arbitration - ranked: tier 4

S. Friedman & Co. Advocates & Notaries

S. Friedman & Co. Advocates & Notaries handles a wide variety of commercial litigation and has particular strength in handling the termination of distribution and agency relationships. Jointly led by Itamar Anaby and Lily Doron, the department has been involved in a number of cases that have received extensive domestic media attention. As a recent example, the team defended Tnuva in connection with a High Court petition filed by animal protection organisations seeking to restrict cattle importation into Israel. Anaby is also acting for the University of Haifa in proceedings relating to certain donations that were derived from Bernard L Madoff Investment Securities. In the infrastructure space, Gavriel Disegni is representing Israel Railways in a claim regarding the construction of the new train station in Jerusalem.

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Employment
Employment - ranked: tier 3

S. Friedman & Co. Advocates & Notaries

S. Friedman & Co. Advocates & Notaries handles contentious and non-contentious labour and employment matters for its corporate clients, which include large domestic companies in the shipping, construction, education, and retail sectors. In the contentious space, department head Tal Enat-Ben Arieh represented Milouot Haifa Bay Settlements Development Co in a collective dispute in regional court concerning the recognition of a bargaining unit separate from the one guaranteed under the collective agreement with the Histadrut. The team has also defended U. Dori Construction in a number of employee rights claims filed by foreign employees claiming refugee status, and represented Haifa University in several collective disputes. Enat-Ben Arieh also provides a range of labour and employment advice to clients such as Zim Integrated Shipping Services, Super-Pharm Israel and Weizmann Institute of Science.

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Hi-tech and start-ups
Hi-tech and start-ups - ranked: tier 4

S. Friedman & Co. Advocates & Notaries

S. Friedman & Co. Advocates & Notaries has strengths in corporate and securities transactions, and has developed a reputation in the hi-tech sector, where it acts for start-ups, investors and an academic IP commercialisation arm. The hi-tech practice is led by Tal Tirosh, who has experience in complex M&A, which she fostered during her time working at various US law firms. Tirosh has experience acting for Israeli start-ups in crowd funding transactions, and has also advised clients including TankU, Netwton VR, and Seatback Ergo on seed financing transactions. Additionally, Oren Sharon acted for Ballastmarine in a Series A financing deal and is now advising the client on the potential establishment of a joint venture with a Chinese partner. Sarit Molcho and Arnon Mainfeld are key contacts in the corporate and securities department.

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

S. Friedman & Co. Advocates & Notaries

S. Friedman & Co. Advocates & Notaries handles property investment and development transactions for real estate companies and corporate occupiers. In a standout matter, department head Hadar Tal advised KMA Holdings on the purchase of shares in Liberty Company, and subsequently advised Liberty Company on the NIS250m sale of its rights in the Bat Yam Mall to Israel Kanionim. Tal is also acting for Dar Nofarim in relation to two residential developments in Kiryat Motzkin, totalling 300 residential units. Additionally, Amit Yinon is advising Shagrawi Planning & Construction on the sales of lots for DIY residential construction, in aggregate value of roughly NIS130m. Other key figures include Terry Almozlino-Arnon and Merav Gilboa, the latter of whom assisted Summit Real Estate Holdings with multiple investment transactions in 2018.

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Tax
Tax - ranked: tier 3

S. Friedman & Co. Advocates & Notaries

The tax team at S. Friedman & Co. Advocates & Notaries has developed expertise in advising corporates in the shipping and education sectors on transactional and corporate structuring mandates. The department handles a wide range of tax issues for clients including MSC (Israel), Weizmann Institute of Science, Tel Aviv University, University of Haifa, and Ben Gurion University. In particular, Doron Schweppe assisted The Israel Shipyards with an opinion relating to shipping companies' transitioning into 'transparent companies'. The team also has experience in taxation arising from major real estate transactions and has represented companies and nonprofits before the tax authorities.

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Transport
Transport - ranked: tier 1

S. Friedman & Co. Advocates & Notaries

S. Friedman & Co. Advocates & Notaries is perhaps the country's preeminent firm in the shipping and maritime space. The team provides comprehensive legal service to ZIM Integrated Shipping Services, and also advises many of the industry's largest international players, including Maersk, on the full range of antitrust, tax, litigation and maritime law in Israel. Headed by Amir Cohen-Dor, the team also acts for the major international P&I club in Israel, M. Dizengoff, in relation to high-stakes litigation and ongoing industry advocacy. Moreover, Cohen-Dor advises clients such as The Israel Chamber of Shipping on new and proposed legislative initiatives; recently, the team helped formulate a proposal for an alternative tax structure in the shipping industry. Acting alongside David Malkoff, Cohen-Dor also assisted Portline HK with the financing of eight new shipping vessels that will be built in China and Japan. Also recommended is Michael Safran, who advises Israel Shipyards on vessel purchase transactions and advises ACM Group on vessel financing, construction and sales. Other key clients include Overseas Commerce, COSCO Shipping Holdings, Gadot Chemical Tankers and Terminals, and Orient Overseas.

Leading individuals

Amir Cohen-Dor - S. Friedman & Co. Advocates & Notaries

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