Yigal Arnon & Co > Tel Aviv, Israel > Firm Profile

Yigal Arnon & Co
1 AZRIELI CENTRE
TEL AVIV 67021
Israel

Israel > Commercial, corporate and M&A Tier 1

Yigal Arnon & Co‘s ‘very professional team‘ impresses with its ‘excellent capabilities, especially in cross-border matters‘. The group’s commercial acumen is also highlighted by sources, who praise its ability to understand what clients need ‘business-wise and legal-wise‘. The department is active across the full spread of M&A and corporate matters and the firm’s market-leading hi-tech offering ensures that is particularly busy in that sphere — it notably secured a significant share of Israel’s recent boom in technology and life sciences M&A. Barry Levenfeld spearheads many of the firm’s marquee matters and recently teamed up with Benjamin Sandler to advise Boston Scientific on its $1bn acquisition of the laser surgery division of Lumenis. Hi-tech specialist Barak Platt, corporate partner David Schapiro and up-and-coming partner Micki Shapira are also recommended.

Practice head(s):

Barry Levenfeld; Barak Platt; David Schapiro; Kobi Ben-Chitrit

Other key lawyers:

Benjamin Sandler; Eliran Furman

Testimonials

‘Very professional. Understands the business very well. Able to advise what are “show stoppers” and what can we accept and do the business we want to do. Very good response times. Enablers.’

‘Eliran Furman leads the engagement with us. He is very professional. Deep understanding of our company and its business and what is most important for us – business-wise and legal-wise. Able to direct us to the relevant expert in YA, so we can get the answer quickly from the expert.’

‘Team with excellent capabilities, especially in cross-border matters involving Israel and the USA. Very efficient team performing very professional work and meet even the most challenging deadlines.’

‘David Schapiro is a great legal counsel, who combines a lot of legal knowledge with very good business understanding.’

Key clients

Intel Corp.

PayPal Holdings Inc.

Boston Scientific Corporation

Altaris Capital Partners, LLC

Salesforce.com, Inc.

Lightspeed Venture Partners

Quotient Technology Inc.

Hubei Forbon Technology Co., Ltd.

National Instruments Corporation

Union Industrial Vehicle

Nvidia Corporation

Palo Alto Networks, Inc.

Shanghai Giant Network Technology Co., Ltd.

Intuit Inc.

Shapir Civil & Marine Engineering Ltd.

Stryker Corporation

Electronic Arts

One Software Technologies

Telrad Networks

Fosun Health Fund

Work highlights

  • Represented Boston Scientific in its $1bn acquisition of the laser surgery division of Lumenis, including its subsidiaries and manufacturing facility in Israel.
  • Represented PayPal in its $200m acquisition of cryptocurrency security firm, Curv.
  • Advised Palo Alto Networks on the Israeli law aspects of its $200m acquisition of BridgeCrew.

Dispute resolution > Dispute resolution: class actions (including derivative actions) Tier 1

Yigal Arnon & Co has a particularly strong practice in banking and insurance. The team acts for a diverse roster of domestic and international clients in class and derivative actions pertaining to a wide range of matters including securities, consumer fraud, competition law, privacy, and product liability. Barak Tal is an expert in civil litigation and is a key name for derivative claims. Hanital Belinson Navon  leads the firm's aviation division but is also active for clients from a range of industries.

Practice head(s):

Barak Tal; Hanital Belinson-Navon

Other key lawyers:

Ruth Loven; Boaz Fiel; Ido Chitman; Sagi Schiff; Tomer Bar-Nathan; Lior Gelbard; Roy Masuri; Guy Kortany

Testimonials

‘Good understanding of the class action environment, quick to understand technical / sales related issues.’

‘Well experienced and professional team in the field of class actions.’

‘Barak Tal is very clever and experienced. Lior Gelbard is a talented lawyer. Smart and dedicated to his work.’

‘The team is very diverse and with plenty of experience. They know the law, the courts and how to be innovative about it.’

‘Tomer Bar-Nathan is very available and really makes you feel that he is on your side and an integral part of the company.’

Key clients

Google LLC

BMW AG

Cellcom

Nike Israel Ltd.

Waze Mobile Ltd.

Brimag Digital Age Ltd.

Brimag Service Ltd.

Psagot Investment House Ltd.

El Al Israel Airlines

Leader Capital Markets Ltd.

Epsilon Investment House

The National Lottery Company

Bank Hapoalim

Bank Leumi

First International Bank of Israel

Discount Bank

Phoenix Insurance Company Ltd.

Clal Insurance Company

Migdal Insurance Company

Menora Mivtachim Insurance Company Ltd.

Harel Insurance Company

CAL – Israel Credit Cards Ltd.

BDO Israel

Deloitte Brightman Almagor Zohar & Co.

First International Bank Ltd.

Work highlights

  • Representing Bank Hapoalim Ltd. regarding a derivative claim in a motion for production of documents.
  • Representing Google LLC in a class action concerning Google Ads, alleging unfair charges for artificial clicks and unfair pricing.
  • Representing Phoenix Insurance Ltd. and others in a class action alleging collection of a fee not previously agreed upon.

Israel > Healthcare and life sciences Tier 1

A strong list of US-based international pharmaceutical companies entrust Yigal Arnon & Co to undertake corporate, IP licensing, and financing as well as representation before the Israel Innovation Authority. Barry Levenfeld handles M&A and funding for both established companies and start-ups alike. He works alongside fellow practice co-heads Daniel Green, a specialist in corporate partnering and IP, and Yoheved Novogroder-Shoshan, an expert in contractual licensing structures, and database and privacy. Miriam Friedmann advises on IP, licensing, privacy, commercial and corporate matters, and represents her clients before the Israeli Innovation Authority.

Practice head(s):

Daniel Green; Yoheved Novogroder-Shoshan; Barry Levenfeld

Other key lawyers:

Joeri Kreisberg; Tamar Tavory; Miriam Friedmann; Tali Har-Oz

Key clients

FutuRx

Alma Lasers Ltd.

Nym Health Ltd.

Switch Health Ltd.

Oramed Pharmaceuticals

Boston Scientific Corporation

Dentsply Sirona Inc.

Fosun Health Fund (the venture capital arm of Fosun Pharma)

Altaris Capital Partners, LLC

Work highlights

  • Advising Boston Scientific on its acquisition of the global surgical business of Lumenis.
  • Acting for FutuRx in IP licensing transactions, ongoing R&D, IP licensing and commercialization activities, services agreements, consulting agreements, research agreements, material transfer agreements, patent-related agreements and other agreements relating to technology research, development and evaluation.
  • Advising Altaris Capital partners on the acquisition of Perrigo Company Plc’s prescription pharmaceuticals business, with manufacturing facilities, material contracts and approximately one thousand employees.

Israel > Hi-tech and start-ups Tier 1

Fielding ‘a group of exceptional attorneys‘, the practice at Yigal Arnon & Co is a prominent name for domestic start-ups with an international angle to its work and expertise in various highly regulated industries including the software, internet, data privacy, and pharmaceuticals arenas and the cryptocurrency, smart mobility and fintech sectors. Co-head Nimrod Vromen handles corporate partnerships, strategic investments, M&A, and financings for both start-ups and investors, while fellow co-head Jacob Ben-Chitrit  advises on IP transactions, M&A and private equity investments. Co-head Yarom Romem leads both domestic and foreign investors through investment rounds and represents emerging growth companies; Joeri Kreisberg and Peter Sugarman are also part of the practice's leadership group. Barry Levenfeld focuses on advising late stage companies, particularly on exit transactions, and Yulia Lazbin attracts praise from private equity and venture capital clients.

Practice head(s):

Jacob Ben Chitrit; Joeri Kreisberg; Nimrod Vromen; Yarom Romem; Peter Sugarman

Other key lawyers:

Liron Hacohen; Yulia Lazbin; Daniel Damboritz; Nitzan Fisher Conforti; Elan Loshinsky; Nataly Margalit; Josh Hauser; Shira Teger

Testimonials

‘Yigal Arnon have extensive experience working with Hi-Tech companies. This gives them lots of experience in providing insight on common industry practices around a variety of legal matters of interest to Hi-Tech start-ups including fund raising (including various equity and debt instruments), commercial agreements and matters relating to IP. They have partners specializing is a variety of areas and are usually able to refer you to the appropriate expert within the practice.’

‘We have been working with Peter Sugarman as the Partner. He has demonstrated a great deal of knowledge and insight, has been readily available to support needs, including meeting tight timetables, and has shown flexibility in working with a high-tech start-up which by its nature is a company with a volatile nature and work environment.’

‘Yigal Arnon is a group of exceptional attorneys that worked with us for the past few years (from day #1 to acquisition). They were absolute professionals, dedicated, and always available to take care of and execute any required work, at any time, in the best possible way.’

‘Mainly, I worked with Josh Hauser and Nimrod Vromen. When working with these two gentlemen – I was always confident throughout the journey that my company is in good hands. The level of professionalism, availability, and solution-for-any-problem attitude, was outstanding. If I ever start a new start-up again, Nimrod and Josh will be my first phone call, without a second thought.’

‘I appreciate the fact that they operate as a one stop shop. We have a senior associate that has a certain expertise, and if we need different expertise we can go to her and she connects us with the team/attorney with different expertise to assist us as soon as possible. We always get the best professional to assist us and they operate as a team, don’t step on each other toes or try to resolve an issue where they have a more experienced professional at hand to help us.’

‘This practice has a unique combination of knowledge in business, commercial and technology. Additionally, the pace of events are very fast and constantly changing- a roller coaster!’

‘Their personal engagement with us is exceptional!’

‘Highly professional with great personal relations.’

Key clients

Intel Corporation

Infinidat Ltd.

AppsFlyer Ltd.

Cyesec Ltd.

Overwolf Ltd.

Nym Health Ltd.

SeeTree Systems Ltd.

Variantyx Inc.

Providence Strategic Growth

Aura Smart Air Ltd.

Zen city

Diagnostic Robotics

Pagaya

Sweetch Health Ltd.

Dataloop Ltd.

Lirobo Ltd.

Walnut

Work highlights

  • Representing Infinidat Ltd. in its ongoing legal matters including corporate representation, and raising money in venture lending financing.
  • Representing Cyesec Ltd. in a primary and secondary growth financing of over $100m by a private equity and existing shareholders.
  • Represented Appsflyer Ltd. in the negotiation of raising $15m from an investor and brokered the deal among existing investors.

Israel > Infrastructure Tier 1

Yigal Arnon & Co is well versed in acting for lenders, public sector bodies and developers on high-profile infrastructure tenders and projects. The firm has been highly active on the transport side, securing key roles in a raft of rail and road projects. In a highlight example, it advised Netivei Israel on the project to pave and expand the Highway 57 expressway in central Israel. Other core areas of specialism including energy, defence, telecoms and water projects. David Schapiro maintains a broad transactional practice, with an emphasis on project finance work. Doron Tamir has a focus on infrastructure, environmental and energy matters.

Practice head(s):

David Schapiro; Doron Tamir

Other key lawyers:

Oren Roth; Amos Oseasohn

Testimonials

‘Doron Tamir and the team have very strong legal abilities in all aspects of the infrastructure industry. The team, headed by Doron Tamir, is involved in many of the projects currently promoted in Israel and is very familiar with all legal aspects for enabling the clients to achieve their goals.’

‘Doron Tamir is a lawyer with a very deep understanding of the legal environment and with his creative approach is a very valued colleague.’

Key clients

Siemens Israel Ltd.

NTA Metropolitan Mass Transit System Ltd.

Israeli Government – various ministries: Ministry of Energy & Water Resources, Ministry of Finance, Ministry of Internal Security, Ministry of Transportation.

Netivei Israel – National Transport Infrastructure Company Ltd.

Trans-Israel Highway Corporation Ltd.

Shapir – Pizzarotti Highway 16 Ltd.

Shapir Orian Logistics Ltd.

Yefe Nof Transport Infrastructures & Construction Ltd.

The Jerusalem Municipality

Shapir Civil & Marine Engineering Ltd.

Barclays Capital

Citibank

HSBC Bank PLC

BNP Paribas

JP Morgan Chase & Co.

Inbal Insurance Company Ltd.

Work highlights

  • Represented the consortium, Shapir Orian Logistics, in the tender process for the financing, design, construction, operation and maintenance of the Marhas Project.
  • Represented NTA – Metropolitan Mass Transit System in matters concerning the Light Rail Transit Project in metropolitan Tel Aviv.
  • Represented Shapir – Pizzarotti Highway 16 on its successful bid for the design, finance, construction, operation, maintenance and transfer of Highway 16.

Intellectual property > Intellectual property: commercial/transactions Tier 1

Providing advice at the forefront of cutting-edge IP, the team at Yigal Arnon & Co covers a wide array of sectors with notable expertise in hi-tech, life sciences, and media and entertainment. Daniel Green, who co-heads the department as well as the firm’s China practice, acts for emerging companies in the healthcare and life sciences sectors. Co-head Yoheved Novogroder-Shoshan is qualified in both Israel and New York and focuses on tech law, IP, and corporate partnering. Equally dual-qualified Eli Greenbaum has expertise in IP commercialisation and cyber law. The team also includes associate Miriam Friedmann, who represents biotech, medical device, and pharmaceutical companies before the Israeli Innovation Authority.

Practice head(s):

Daniel Green; Yoheved Novogroder Shoshan

Other key lawyers:

Eli Greenbaum; Netanella Treistman; Miriam Friedmann; Tali Har-Oz

Testimonials

‘They are truly an extension of our team, get work done quickly, provide clear-cut advice, and never make us feel like we are not as important as their larger clients. Best legal team experience I have ever had.’

‘Always accessible, no task is too big or too small for them. Very efficient in financial terms. Professionally efficient. Cover many disciplines and reduce reliance on external counsel. Understand our business well. Friendly.’

‘A professional team with extensive knowledge.’

Key clients

Intel Corp.

Oramed Pharmaceuticals

Fosun Health Fund

Variantyx Inc.

FutuRx – The Biotech Accelerator

BioLineRx Ltd.

Hubei Forbon Technology Co., Ltd.

Alma Lasers Ltd.

Atox Bio

Sirvir Ltd.

MEDX XELERATOR, Limited partnership

Teva Pharmaceutical Industries Ltd.

Human Xtensions

Bioventus LLC

Work highlights

  • Represented Oramed Pharmaceuticals in a joint venture transaction.
  • Representing FutuRx in ongoing R&D, IP licensing, and commercialization activities.
  • Representing Variantyx which acquired a patent license, a source (and object) code license and entered into a Java OEM agreement.

Israel > Planning and zoning Tier 1

Yigal Arnon & Co's 'informed, proactive and business-oriented' team is equipped to advise on all stages of the planning and building process, from obtaining initial approvals through to zoning designations and permitting procedures. The group also brings to bear significant experience in contentious matters, including planning and building violation disputes. Aner Hefetz handles the full range of planning and zoning matters, with specialist expertise in accessibility law. Hagit Bavly and Asaf Eylon focus on transactional and regulatory real estate matters respectively and co-head the team alongside Hefetz. Naftali Nir is also noted.

Practice head(s):

Aner Hefetz; Hagit Bavly; Asaf Eylon

Other key lawyers:

Naftali Nir; Goor Koren

Testimonials

‘The Yigal Arnon team is great to work with. They are very responsive, informed, proactive and business-oriented. Working with YA, I always know what my legal position is, am offered solutions and have at my disposal the resources I need to meet our goals. I think that their main advantage is the ability to combine first-class treatment given by big team of highly professional lawyers, together with personal attention for each client.’

A strong and very professional team that provides very good response times with 24/7 service.’

‘The partners in YA that I work with are Naftali Nir, Goor Koren and Nir Rodnizky. They are highly professional, creative and very pleasant to work with. I truly see Naftali, Goor and Nir as true partners to our success.’

‘We are a non-profit and as such, this is a one-time project that stands outside of our core competencies. The lawyers at Yigal Arnon understand this and pay extra attention to ensuring that we get the additional guidance and protection we need.’

‘Both Asaf Eylon and Guy Fatal have held our hand through all of the unfamiliar processes. They have taken the time to ensure that we fully understand our options and helped us with difficult decisions.’

Key clients

The Israeli Knesset

The big synagogue in Tel Aviv

Afikei Smadar Ltd. / Afikei Hayarden Group

Azrieli Group Ltd.

Zahav Al HaPark

Apartment for Rent – The Governmental Company for Housing and Rental Ltd.

Haim Zaken construction and investments ltd.

Kotler Adika construction company ltd.

Mizpe Harel entrepreneurship ltd.

Arazim (G.U.Y) Ltd.

Alual Construction company ltd.

Azorim Construction (1965) Ltd., from the Azorim Group [AZRM (TLV)]

Hasharon Hotels Ltd.

Ad 120 Residence Centers For Senior Citizens Ltd

Work highlights

  • Advised the Knesset of Israel on procedures for approving a plan to expand the Knesset, including representation in planning and construction committees.
  • Represented the Great Synagogue in Tel Aviv as special director, including negotiations with the Tel Aviv municipality for the renovation and restoration of the synagogue and planning and zoning-related matters.
  • Represented the Azrieli group in planning procedures for the Spiral Tower, including the approval of a city building plan for the expanded Azrieli Center and the approval of a design plan for the joint complex.

Israel > Real estate and construction Tier 1

Split between its Tel Aviv and Jerusalem offices, Yigal Arnon & Co's real estate practice handles the full range of real estate, construction and planning-related issues. The department is particularly recognised for its dominant urban renewal offering and it represents entrepreneurs and construction companies in numerous renewal projects, including Pinui Binui and TAMA 38 schemes. Hagit Bavly specialises in planning, construction and real estate transactions, including financings. Asaf Eylon is noted for his broad commercial and regulatory expertise. Adam Spruch has a focus on urban renewal projects. Naftali Nir is also recommended.

Practice head(s):

Hagit Bavly; Asaf Eylon; Adam Spruch

Other key lawyers:

Testimonials

‘Working with Yigal Arnon & Co. is a wonderful experience – both personally and professionally. The YA team is well informed and business-oriented. Their hands on-approach is based on recognizing clients’ needs, identifying obstacles and delivering – on time – results. For those reasons, YA is always my first choice.’

‘The team provides deep understanding of all legal and commercial aspects of a project, led by a strong team leader who provides high-level services. Accurate and very professional.’

‘In my opinion this real estate team is the best in Israel, with strong know-how and good connections with all the relevant authorities.’

‘Deep team. Good coverage. Very professional. Know how to close deals.’

‘We are a non-profit, this is not our business but a one time project. The team was extremely helpful, providing guidance and constantly looking to protect us, given our non-commercial status, throughout the negotiations with the developer.’

‘Unique team with vast knowledge of the numerous verticals of the sector.’

‘We receive professional 24/7 service from the whole team, from junior to senior lawyers. Mostly Sivan Gilron Dotan and Adam Spruch.’

‘My main contacts in YA are Naftali Nir and Goor Koren. I find them both highly efficient, professional and dedicated. I am fortunate to work with Naftali and Goor whom I find as an asset to my business. They bring to the table innovative thinking, the ability to identify legal challenges and have always found ways to overcome obstacles.’

Key clients

Azrieli Group

Bank Leumi

Ofer Brothers – Engineering and Development Ltd.

Ruby Capital

Azorim

Azorim Construction (1965) Ltd.

Mr. Shlomo Eliyahu (owner of Migdal Group)

Jerusalem-Tel Aviv Investments (JTLV) 2 Equity Fund

Haim Zaken Construction & Investments

Unilever Israel

Michlol Urban Renewal Ltd.

Afikei Smadar Ltd. / Afikei Hayarden Group

Kotler Adika Construction

Harel Yizamot Investments

Arazim Ltd. (Oron Group)

Alulel Construction Company

Migdal Insurance and Financial Holdings Ltd

I. Mishal and Sons Entrepreneurship Ltd. (M-Tower Project)

Zahav Al HaPark (Jerusalem Spirit Project)

Tessera Enterprises and Investments (N.Z) Ltd.

Orot/Mofet Movie Theatre

Mitzpor Adomim Ltd. (Hadar Group)

Bait Vegag GL LTD

Work highlights

  • Representing Azrieli Group in the planning procedures for the Spiral Tower as part of the expansion of the Azrieli Center in Tel Aviv, including the approval of a city building plan for the expanded Azrieli Center and the approval of a design plan for the joint complex.
  • Representing Bank Leumi in financing transactions, including in financing the construction of evacuation projects involving hundreds of landowners.
  • Representing Azorim Construction in the financing of the NIS1.5bn Moment Bat-Yam project.

Israel > Restructuring and insolvency Tier 1

Yigal Arnon & Co has an emphasis on creditor-side engagements and distressed M&A. In terms of the former, it leverages the wider firm’s strong finance credentials to specialise in advising banks and financial services companies in bankruptcy and debt matters, including recent work for Israel Discount Bank, Mizrahi-Tefahot Bank and Nomura International. On the M&A front, it advised Do-Tsach on the acquisition of shares of a company holding rights in Modiin Energy from the court-appointed trustee of IDB Development Corporation. Amnon Lorch‘s combination of corporate, banking and litigation expertise ensures he is well equipped to advise on the full range of bankruptcy matters. Gil Oren and Yuval Bargil are also noted.

Practice head(s):

Amnon Lorch; Gil Oren; Yuval Bargil

Other key lawyers:

Eyal Aichel

Testimonials

‘They are true professionals. They are always well prepared for hearings; always available to contact; always cooperative and helpful.’

‘Amnon Lorch, Orna Sasson and Yuval Bargil act as courts’ trustee, or represent parties in insolvency cases. I can certainly say that they (and their staff) are highly professional, and it’s always a pleasure working with them.’

‘An amazing and smart team. Eyal Aichel is fabulous.’

Key clients

Israeli Ministry of Justice

Arbel Fund – an investment fund

Numora International PLC

Eurocom Communications Ltd.

Africa Israel Industries Ltd.

Globus Max Ltd.

Packer Construction Steel LP

NMC United Entertainments ltd.

Habas Investments (1960) Ltd.

Scorpio Real Estate Ltd.

NAM 5 Ltd.

Trax Retail Solutions Ltd.

Do-Tsach Ltd.

Victory M. Marketing Ltd.

Fifth Dimension Holdings Ltd.

CIB Bank

Habas Star B.V.

Homat Magen Defence Technologies Ltd.

Eurocom Cellular Communications Ltd.

Eurocom Digital Communications Ltd.

Tuboul Ceramics Ltd.

GlobaLinks Group

Bakal Zamir Real Estate Ltd.

Magisto Ltd.

Rounds Ltd.

Bank Leumi Le Israel BM

Israel Discount Bank Ltd.

Mizrahi Tefahot Bank Ltd.

FIBI – First International Bank of Israel

Union Bank of Israel Ltd.

Mercantile Discount Bank

Work highlights

  • Acted as a court-appointed receiver on behalf of Israel Discount Bank to enforce a charge over shares of an Israeli newspaper.
  • Represented Nomura International as a creditor in Delek Group’s restructuring.
  • Represented Arbel Fund, as creditor, in several proceedings, including in a debt settlement with A.N.G. Group.

Israel > Telecoms and media Tier 1

With extensive expertise in acting for international media companies on their entry into the Israeli market, Yigal Arnon & Co is also notably experienced in advising on regulatory frameworks. Practice head Ido Chitman assists production, media and advertising companies with transactions and regulatory mandates; Chitman recently advised Netflix in relation to its TV productions in Israel. Large international record companies, Israeli cable TV providers and artists also appear on the group's client roster. As a specialist in handling domestic market entries for international companies, Edan Regev also represents clients in civil and commercial litigation.

Practice head(s):

Ido Chitman

Other key lawyers:

Testimonials

‘Professional, dedicated with people skills. Reassuring and capable.’

‘The team shows dedication, loyalty and friendship.’

Key clients

Cellcom Israel Ltd.

Google LLC

Fox News

Netflix, Inc.

Sport 5

Hop! Channel

YouTube

Yodan Production Ltd.

ACT (the Israel Association of Cinema and Television Professionals)

Anana Ltd.

TALI (the Collecting Society of Film and Television Creators in Israel) Ltd.

Dalia Publishing

ITC NG Ltd.

Israel Postal Company

Deutsche Telecom

Work highlights

  • Representing Google in various actions and lawsuits related to a variety of its products, services and platforms.
  • Represented Anana Ltd. in an arbitration against an Israeli hip-hop band due to a publishing lawsuit.
  • Representing Tali in an attempt to settle a dispute with the Ministry of Justice and before the Supreme Court, in a petition filed by the Producers Association.

Israel > Banking and finance Tier 2

Yigal Arnon & Co's practice is weighted towards financing transactions, where it mainly acts for lenders. It is also frequently called upon to advise on local and international regulatory issues. The group counts most of Israel's major banks as clients. It also acts for foreign banks and financial institutions, credit card companies and high-profile corporate borrowers. Shiri Shaham is widely admired for her diverse practice, which spans finance transactions, regulatory matters and complex cross-border issues. Corporate finance specialist Simon Weintraub and regulatory expert Yuval Shalheveth are also recommended.

Practice head(s):

Shiri Shaham; Yuval Shalheveth; Simon Weintraub

Other key lawyers:

Avi Anouchi

Key clients

Bank Hapoalim Ltd.

Israel Discount Bank Ltd.

Harel Insurance Company

C.A.L. (I.C.C – Israel Credit Cards) Ltd.

Michlol Urban Renewal Ltd.

BNP Paribas

HSBC Bank PLC

El Al Israel Airlines Ltd

JPMorgan Limited

Michlol Urban Renewal Inc.

Phoenix Insurance

Migdal Insurance

The Association of Israeli Banks

Work highlights

  • Represented HSBC Bank and BNP Paribas, together with a syndicate of lenders, on Ratio Oil Exploration LP’s $650m loan refinancing.
  • Advised Harel Insurance Company on a $121m credit line agreement provided to OPC Energy to finance its acquisition of the CPV group of US companies.
  • Acted as Israeli counsel to JP Morgan and Morgan Stanley on a $675m bridge financing facility which was used to fund Energean’s purchase of Kerogen’s 30% shareholding in Energean Israel Limited.

Israel > Capital markets Tier 2

Yigal Arnon & Co‘s robust gas practice has paid dividends on the capital markets side in recent months, with the firm advising issuers and global underwriters on several bond offerings by energy companies. Among its highlights, it advised Israel Natural Gas Lines Ltd on a NIS500m debt raising. The group has also advised on many equity offerings, particularly in the hi-tech and life sciences sectors. Shiri Shaham is a key figure in the team and advises on securities transactions and corporate governance matters. Gil Oren, Adrian Daniels and talented associate Shai Margalit are also noted.

Practice head(s):

Shiri Shaham

Key clients

El Al Israel Airlines Ltd.

HSBC Bank PLC

J.P. Morgan Limited

Goldman Sachs Group, Inc.

Morgan Stanley

Citi Global Markets Limited

Epsilon Underwriting and Issuance Ltd.

INFOR Financial Inc.

Cantor Fitzgerald & Co.

Israel Natural Gas Lines Ltd.

Enlivex Therapeutics Ltd.

Nextcom Ltd.

One Software Technologies Ltd.

BioLineRx Ltd.

Peninsula Group Ltd.

Whitesmoke Software Ltd.

Global Knafaim Leasing Ltd.

Sisram Medical Ltd.

Aura Smart Air Ltd.

ORIAN SH.M. LTD.

G.P. GLOBAL POWER LTD.

Orad Ltd.

Work highlights

  • Represented El Al Israel Airlines in a NIS505m public offering on the TASE.
  • Represented J.P. Morgan and Morgan Stanley, as joint bookrunners and lead arrangers, on a $2.5bn global Rule 144A bond offering by Energean.
  • Advised Aura Smart Air on its IPO on the TASE.

Israel > Competition/antitrust Tier 2

Yigal Arnon & Co has expertise across the full range of competition law but is most notable for handling criminal proceedings and white-collar offences in which it regularly appears before the ICA, the competition tribunal, and the Supreme Court. Department head Ronit Amir-Yaniv  is the chair of the antitrust committee of the Israel Bar Association. Clients include Israeli clients and subsidiaries of multinationals.

Practice head(s):

Ronit Amir Yaniv

Other key lawyers:

Shani Rapoport; Eran Zach; Chen Lanir

Key clients

Nike

Kone Elevators

Cal

Unilever Israel Group

Cellcom Israel Ltd.

Super-Pharm (Israel) Ltd.

Zalman Barashi & Brothers Ltd.

Minrav Group

Ashdod Port Company Ltd.

Boston Scientific Corporation

Azrieli Group

One Technologies

New Line Cinema

Israeli Theaters

Israeli Cinemas

Global Max

Theaters 2004

Elko Cinema

Bonus School Books

Israel Discount Bank Ltd.

Eden Springs Ltd.

Moni Siton Transportation Ltd.

Bank Hapoalim

Peninsula Ltd.

Dor Alon Energy in Israel (1988) Ltd.

Israel Infrastructure fund

Telefire

Betcon, Dickinson and Company

Work highlights

  • Representing Kone Israel Kone Ltd. in an indictment alleging a conspiracy of price coordination and market allocation.
  • Representing Unilever Israel Group in two class actions alleging excessive pricing of two products.
  • Representing Ashdod Port Company Ltd. before the Competition Tribunal and Supreme Court in appealing the Commissioner’s decision concerning abuse of its dominant position in the market.

Israel > Dispute resolution: local litigation and arbitration Tier 2

Yigal Arnon & Co's diverse client roster comprises a mix of domestic and international clients, including leading banks, infrastructure companies, online platforms and communications companies. Barak Tal acts for clients in litigation involving issues over contract law, banking law, securities law and insurance, among other areas. Another notable individual is Ruth Loven, who is an expert in IP issues, mass torts and product liability. She works with Roey Sasson, Sagi Schiff and others to represent Google in various actions relating to its products, services and platforms. In 2021, Sasson was promoted to partner, as were Guy Kortany and Gitit Ramot Adler.

Practice head(s):

Barak Tal; Dror Varsano

Other key lawyers:

Ruth Loven; Hanital Belinson Navon; Boaz Fiel; Daniel Abarbanel; Roey Sasson; Edan Regev; Guy Fuhrer; Nir Rosner; Sagi Schif

Testimonials

‘Outstanding litigation practice, especially in the class action litigation.’

‘Barak Tal – one of the most gifted and leading litigation and class action specialists in Israel.’

‘A great mix of large and strong team combined with personal attention and care.’

‘I mainly work with Nir Rosner. He is dedicated, smart, skilled, fast and strong. Great communicator as well as thinker. Experienced and dynamic.’

‘Very professional and attentive, think out of the box, do not miss any detail.’

Key clients

Google LLC

YouTube

Waze Mobile Ltd.

VTB Bank

Cellcom

The Insurance Companies Association

Siemens AG group

Siemens Industry Software Solutions Ltd.

Siemens Israel Ltd.

Shapir Engineering

El Al Israel Airlines

Israel Infrastructure Fund

Israel Discount Bank Ltd.

CAL – Israel Credit Cards Ltd.

ITC NG Ltd.

Shikun & Binui

Minrav Engineering and Construction Ltd.

Egged Workers’ Pension Fund

RoboGroup T.E.K. Ltd.

Work highlights

  • Representing Google LLC in two actions pertaining to access of accounts by liquidators and search engine liability.
  • Represented The Insurance Companies Association as amicus curia in a rehearing at the Supreme Court concerning car insurance.
  • Representing VTB Bank against two former oligarchs, demanding loan repayment.

Israel > Energy Tier 2

Yigal Arnon & Co recently advised financial institutions on a slew of energy-related finance transactions, including advising a syndicate of lenders on a $650m project financing to Ratio Oil Exploration Limited Partnership to support its activity in the Leviathan offshore natural gas project. The group also specialises in advising the state on energy tenders. Doron Tamir focuses on advising public bodies and private entities on infrastructure projects and tenders. Simon Weintraub is recommended for his oil and gas expertise. David Schapiro is noted for transactional energy matters.

Practice head(s):

Doron Tamir; Simon Weintraub; David Schapiro

Testimonials

‘Yigal Arnon & Co has represented the government in most major energy tenders published by the state. Doron Tamir has wide and extensive knowledge of the energy market and government policy, and the skill to combine them into contractual project documentation, according to the developing needs of the market.’

‘Doron Tamir knows how to attain the needs of all parties to the deal and make it happen.’

‘The team has a very strong banking and finance practice and has very good knowledge of the Israeli oil and gas sector. Simon Weintraub is highly recommended.’

‘Simon Weintraub is able to provide a pragmatic approach drawing on recent market experience.’

‘Simon Weintraub and his team are very acquainted with sophisticated and complex energy transactions in the space and internationally, which gives them a cutting edge over other firms.’

‘Simon Weintraub is a fantastic lawyer who is business driven and practical. He brings a lot of common sense to the table and is a pleasure to work with.’

Key clients

Siemens Israel Ltd.

JPMorgan Securities Plc

Morgan Stanley

Goldman Sachs Group

HSBC Bank PLC

BNP Paribas

Israeli Government

Solaer Israel Ltd.

Inbal Insurance Company Ltd.

Rimon Consulting & Management Services Ltd.

Wärtsilä Corporation

Leader Capital Markets Ltd.

Barak Capital Ltd.

Phoenix Holdings Ltd.

Schlumberger Limited

INGL (Israel Natural Gas Lines Ltd)

Mizrahi Tefachot Trust Company Ltd.

Work highlights

  • Advised HSBC Bank and JP Morgan, as lead underwriters, on the $2.2bn global Rule 144A bond offering by Delek Drilling Limited Partnership.
  • Advised JP Morgan and Morgan Stanley, as joint bookrunners and lead arrangers, on Energean’s $2.5bn global Rule 144A bond offering.
  • Advised the lead arrangers, HSBC Bank and BNP Paribas, together with a syndicate of lenders, on a $650m project financing to Ratio Oil Exploration Limited Partnership to fund Ratio’s commitments to the Leviathan offshore natural gas project.

Israel > Insurance Tier 2

Yigal Arnon & Co advises insurance companies on contentious and non-contentious matters across a wide range of insurance classes, including financial product, life, property and group insurance. The firm also routinely represents Israeli and foreign insured companies in claims against their insurers. Litigator Barak Tal has strong experience in advising on insurance-related class actions and additionally represents clients in regulatory proceedings. Yoran Gill is also noted for his insurance litigation expertise and brings to bear a strong record in complex cases, including arbitrations. Ido Chitman is also a key name to note for insurer clients.

Practice head(s):

Barak Tal; Ido Chitman; Yoran Gill

Key clients

Clal Insurance Enterprises Holdings Ltd.

Harel Group

Menora Mivtachim Insurance Ltd.

Psagot

Altshuler Shaham

The Phoenix

Excellence Pension

Israel Insurance Association

Migdal Group

Phoenix Insurance Company Ltd.

Shomera Insurance Company Ltd.

Meitav Dash Gemel and Pension Company Ltd.

The Israel Electric Corporation Ltd.

Siemens AG

Bazan Oil Refineries Ltd.

Work highlights

  • Representing the Insurance Companies Association, as amicus curia, in a rare proceeding of rehearing in the Supreme Court dealing with a complex legal question.
  • Representing Bazan Oil Refineries in various matters, including in an insurance contractual claim against one of its insurers.
  • Representing five major insurance companies (Phoenix, Clal, Migdal, Menora and Harel) in a further hearing before seven justices in the Supreme Court, dealing with precedential legal questions that could potentially affect insurance legal practice in Israel.

Israel > Investment and venture capital funds Tier 2

Led by Yarom Romem , the practice at Yigal Arnon & Co advises general and limited partners in regards to both fund formation issues and management mandates, as well as secondary transactions, with a particular focus on innovative first-time funds. Romem leverages his expertise in the commercial aspects of fund formation work and works closely with the firm's tax department to provide a full-service approach.

Practice head(s):

Yarom Romem

Key clients

Vintage Investment Partners

Shefa Capital

OurCrowd

BRM

Gemini Israel

Harel Insurance Company

Clal Insurance Company

Hetz

The Phoenix Insurance Company

Peninsula SMB

Ben Oldman Partners

Ibex Israel Fund (f/k/a Lazarus)

Work highlights

  • Advising Harel Insurance Company and The Phoenix Insurance Company as two of the four anchor investors on the formation of a fund.
  • Acting for Shefa Capital on the formation of a fund and the related investment vehicles.
  • Acting for OurCrowd on creating its entire investment structure.

Israel > Tax Tier 2

Yigal Arnon & Co‘s cross-border expertise finds favour with clients, who highlight it as ‘very proficient in the tax laws of both the US and Israel‘. This is reflected in its strong track record of acting for local and international clients in multi-jurisdictional transactions, such as its recent advice to Boston Scientific on the tax aspects of the $1bn acquisition of the global surgical business of Lumenis. The group also advises corporates and individuals on tax planning and contentious matters. Ofir Levy specialises in advising on tax-efficient transaction structures; he also handles tax assessments and litigation. Israel- and New York-qualified Eran Lempert frequently advises multinationals and high-net-worth individuals on domestic and cross-border tax matters.

Practice head(s):

Ofir Levy; Eran Lempert

Testimonials

I think what makes the tax team at Yigal Arnon & Co unique is the fact that in addition to being very professional with extensive knowledge, they have a very practical approach to handling tax issues.

A team of exceptional tax lawyers who are very proficient in the tax laws of both the US and Israel, very diligent, responsive and cost effective.’

They worked very closely with me and my team and came up with creative tax solutions to the situations we had to handle. Their responses were prompt and clear and the service was very helpful to our company. I find Yigal Arnon very professional and very easy to work with when it comes to billing and response rates.

Eran Lempert is a brilliant tax practitioner. He has a very deep understanding of the Israeli and international tax systems. He has an ability to think of and spot in advance the issues and pitfalls involved in any step in the transaction and then suggest practical ways to deal with the tax risks.’

Eran Lempert is very knowledgeable, diligent and responsive. His expertise in both US and Israeli tax laws makes him the perfect candidate for working with us.’

Key clients

Intel Corporation

eBay

IBM International Group B.V.

Boston Scientific Corporation

General Electric Lighting

Dentsply Sirona

Palo Alto Networks (PANW)

Accessible Labs

Oracle Corporation

Hewlett Packard Enterprise

PayPal Holdings, Inc.

Salesforce.com, Inc.

Work highlights

  • Advising Boston Scientific Corporation on the Israeli and cross-border tax aspects of its $1bn acquisition of the global surgical business of Israel-based Lumenis.
  • Advising Dentsply Sirona on tax matters connected to its acquisition of Datum Dental and its parent company, Datum Biotech.
  • Advising Palo Alto Networks on the tax elements of the acquisition of a US tax-resident company which owns an Israeli subsidiary.

Israel > Employment Tier 3

Yigal Arnon & Co‘s group routinely represents domestic and international companies on labour and employment law, with a focus on transactional support matters. The team is also well versed in collective bargaining, HR policies, disciplinary issues and both individual and collective employment disputes. Ben Sandler specialises in representing technology companies on non-contentious employment matters. Shira Lahat advises on all aspects of labour law, including disputes. Associate Neta Goshen Brami ‘won’t sit still until she achieves the results you need‘.

Practice head(s):

Ben Sandler; Shira Lahat

Other key lawyers:

Testimonials

‘The in-depth knowledge, advice and availability of the Yigal Arnon team makes it a pleasure to work with them, particularly associates Neta Goshen Brami.’

‘Ben Sandler and Neta Goshen Brami are two lawyers that you want on your side. They are knowledgeable, responsive, commercial and quick-thinking!’

‘Neta Goshen Brami won’t sit still until she achieves the results you need!’

Key clients

Netflix

Intel

Fox News

Dropbox Inc.

McAfee, Corp.

Imperva

Proofpoint

Baker McKenzie

Tabasko Holdings Ltd (Pizza Hut)

Embassy of U.S.A

Embassy of India

Holmes Place International

Intuit Inc.

Stepac

Arm Technologies Israel Ltd.

Broadcom

Boston Scientific Corporation

Zscaler Inc.

Alma Lasers

Work highlights

  • Representing Netflix on issues arising from the production of a TV series, including legal requirements and local practice for retention of workers.
  • Advising Proofpoint on several HR crises with key employees in Israel, including disputes and claims of harassment and retaliation.
  • Advising Fox News on various matters, including on a restructuring of the Israel bureau.

The firm: Yigal Arnon & Co is one of Israel’s leading law firms with offices in Tel Aviv and Jerusalem. For more than 60 years the firm has provided a full range of legal services to companies of all sizes, investors, entrepreneurs and individuals. With its focused practice groups, the firm has combined the expertise of a speciality boutique practice with the advantages of a well resourced multidisciplinary law firm. In addition to its established practice groups in corporate, mergers and acquisitions, litigation (civil and criminal), real estate, banking and finance, the firm has one of the most developed technology practices in Israel, representing some of the largest technology companies (and their venture capital and other investors) in Israel
and abroad.

Many lawyers at the firm have years of experience working at leading law firms in the United States, Canada and England, enabling the firm to cooperate seamlessly with overseas businesses and their lawyers. Yigal Arnon & Co is committed to providing superior services to its clients. The firm takes pride in the quality of its lawyers — from senior partners to junior associates — and in staffing each matter with lawyers who can assist the client in resolving complex and challenging legal problems, and achieving the client’s business goals.

Areas of practice
Corporate and M&A: Yigal Arnon & Co has an outstanding M&A practice that has been involved in some of the largest and most significant M&A transactions in Israel over recent years. These transactions include the acquisition of Israeli companies by some of the world’s leading global companies, where the firm ran the entire transaction on behalf of the global client.

High-tech and venture capital: Yigal Arnon & Co is a leader in this field, representing many leading Israeli venture capital funds and numerous US and European funds, as well as a whole gamut of hi-tech and life science start-up companies in varying stages of development, from inception through public flotation and beyond.

Life sciences: The firm has developed a specialised life sciences practice to provide customised and professional services to both emerging and more established companies that are transforming life science industries. The firm works with companies from a broad crosssection of the industry, including biotechnology, pharmaceutical, bio-informatics, medical device and healthcare service companies.

Intellectual property: Yigal Arnon & Co’s intellectual property and corporate partnering practice has extensive experience in assisting Israeli and foreign businesses at all stages of development, in protecting and commercialising their intellectual property and proprietary technology.

Tax: Yigal Arnon & Co has developed a widely recognised tax practice representing a wide range of clients from individuals to multinational and international corporations. Its extensive expertise covers corporate and real estate taxation, international tax treaty implementation but also specialist areas such as trust taxation, financial instruments, transfer pricing for international groups, technology transfer, mergers and acquisitions, venture capital fund formation and employee stock option plans.

Capital markets and securities: Yigal Arnon & Co is a recognised leader in securities law. While it has a strong record in assisting clients in listings on the Tel Aviv Stock Exchange, the firm has also participated in more than 100 public offerings of equity or debt securities in the US and Europe on behalf of the issuer, underwriter or key selling shareholders. The assistance to these clients extends far beyond the public offering to encompass ongoing guidance on compliance.

Banking and finance: Yigal Arnon & Co represents Israeli, US and European banks and financial institutions in all manner of services, including the provision of legal opinions to foreign counsel. The firm has been engaged in some of the most complex banking and financial services transactions over recent years and has expertise in complex financial instruments, including derivatives.

Projects, infrastructure and energy: Yigal Arnon & Co. has represented major international consortia tendering for banks, as well as national infrastructure and complex project finance undertakings based on BOT, BOO and other project finance techniques. The firm also often represents the government in major transportation and other tenders.

Real estate and construction: Yigal Arnon & Co represents some of the leading real estate companies in Israel and abroad and is involved in a large number of major property development projects (both commercial and residential) and acquisitions in Israel, Eastern Europe and India.

Dispute resolution: Yigal Arnon & Co represents domestic and international clients in a wide range of cases, including arbitration, commercial litigation and high-profile civil and criminal matters and has an active appeals practice before the Supreme Court. The firm’s litigation group is one of Israel’s leading litigation departments and it has a particularly strong class action defence practice.

Antitrust and competition: Yigal Arnon & Co. provides antitrust counseling together, when needed with litigation services, in connection with monopolies, strategic alliances, exclusive commercial relationships and other competition law matters, and has a proven track record in obtaining merger approvals for
global, as well as local, M&A transactions.

Telecoms, media and internet: Yigal Arnon & Co. represents a wide range of clients, including fixed line telecommunications companies,
television companies, internet service and content providers, telecoms equipment manufacturers and internet telephony companies. The firm has frequent dealings with the Ministry of Communications and assists in securing
broadcast licenses, establishing program distribution, determining rate regulations and preparing fixed line and wireless access permit applications.

Labour and employee benefits:  Yigal Arnon & Co. advises companies at all stages, from emerging growth companies to established international
companies, assisting them in arranging and implementing employment packages appropriate for their needs. The firm is involved in all facets of setting up and implementing employee incentive plans, including equity and equitybased award plans. Its attorneys are instrumental in integrating Israeli and foreign corporate, securities, tax and accounting concerns in order to structure multinational benefit plans, often in close co-operation with leading
international firms.

Clients: Yigal Arnon & Co. provides a full range of legal services to
a wide ranging client base, including major international (Fortune 500) and other global companies, local and foreign banks, financial institutions, venture capital and private equity funds, emerging growth companies, investor
groups, government entities, and individuals. The firm represents clients in a wide variety of industries, including information technology, energy, banking, software, electronics, semiconductors, pharmaceuticals, biotechnology, internet, medical devices, real estate, telecommunications, Fintech, insurance, automotive and consumer products.

DepartmentNameEmailTelephone
Corporate and M&A David Schapiro
Corporate and M&A Barry Levenfeld
Corporate and M&A Orly Tsioni
Corporate and M&A Barak Platt
Corporate and M&A David Osborne
High-tech Barry Levenfeld
High-tech David Schapiro
High-tech Barak Platt
Banking and finance Shiri Shaham
Banking and finance Amnon Lorch
Banking and finance Simon Weintraub
Banking and finance David Schapiro
Capital markets and securities Gil Oren
Capital markets and securities Shiri Shaham
Capital markets and securities Daniel Marcovici
Capital markets and securities David Schapiro
Real estate Hagit Bavly
Real estate Amalia Meshi
Real estate Hagai Shmueli
Real estate Asaf Eylon
Dispute resolution Barak Tal
Dispute resolution Ruth Loven
Dispute resolution Orna Sasson
Dispute resolution Hanital Belinson
Dispute resolution Dror Varsano
Projects, infrastructure and energy David Schapiro
Projects, infrastructure and energy Doron Tamir
Projects, infrastructure and energy Oren Roth
Tax Ofir Levy
Tax Eran Lempert
Labour law and employee benefits Ben Sandler
Labour law and employee benefits Shira Lahat
Family wealth management Amnon Lorch
Family wealth management David Osborne
Family wealth management Guy Sagiv
Intellectual property Barry Levenfeld
Intellectual property Daniel Green
Intellectual property Yoheved Novogroder – Shoshan
Investment funds Barak Platt
Investment funds Yarom Romem
Investment funds Simon Weintraub
Insurance and torts Yoran Gill
Insurance and torts Ido Chitman
Telecommunications and media Ruth Loven
Telecommunications and media Ido Chitman
Competition and antitrust Ronit Amir Yaniv
Competition and antitrust Shani Rapoport
Restructuring and insolvency Amnon Lorch
Restructuring and insolvency Gil Oren
Restructuring and insolvency Assaf Mesica
Restructuring and insolvency Yuval Bargil
Life sciences Barry Levenfield
Life sciences Daniel Green
Competition and antitrust Niv Zecler
Competition and antitrust Ofer Argov
White Collar Eran Zach
High-tech Joeri Kreisberg
High-tech Nimrod Vromen
High-tech Jacob (Kobi) Ben Chitrit
Banking and finance Micki Shapira
Banking and finance Yuval Shalheveth
Restructuring and insolvency Eyal Aichel
Corporate and M&A Eliran Furman
Corporate and M&A Peter Sugarman
Investment funds Yulia Lazbin
High-tech Daniel Damboritz
White Collar Niv Zecler
Intellectual property Eli Greenbaum
PhotoNamePositionProfile
Avi Anouchi  photo Avi Anouchi
Naftali Nir  photo Naftali Nir Naftali specializes in real estate law, planning and construction and commercial law.…
Micki Shapira photo Micki ShapiraPartner in the corporate department, focusing on public and private mergers and…
Gidon Weinstock  photo Gidon Weinstock Adv. Gidon Weinstock has very extensive experience in the full range of…
Number of lawyers : 203
Number of partners : 74
Total employees : 344
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Other offices : Jerusalem

Yigal Arnon & Co. represented Intel Capital in its investment in Habana Labs

Advs. Barak Platt, Nataly Damary, Josh Hauser and the intern Idan Adar represented Intel Capital, the technology giant's investment arm, in their investment in Habana Labs, a leading startup in the emerging AI processor space, in a US$75 million in an oversubscribed series B funding. The round is joined by WRV Capital, Bessemer Venture Partners, Battery Ventures and others, including existing investors.

Click here for more information.


Your Thoughts: Crypto Confidence

Adv. Adrian Daniels, partner at Yigal Arnon & Co. and Co-head of the Fintech practice, shares his thoughts on Cryptocurrency in this Finance Monthly article.

pdf finance_monthly_-_your_thoughts_-_crypto_confidence_03.04.2018