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 [email protected]

Work Department

Banking &amp | Finance | Mergers &amp | Acquisitions | Infrastructure &amp | Project Finance | Corporate | Technology and Life Sciences | Hotels, Travel &amp | 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

(Leading partners)

Elite Elkon – Gornitzky & Co.

Gornitzky & Co. has significant expertise in cross-border finance transactions, handling both outbound export finance and inbound financings. The firm acts for all six of Israel’s largest banks, as well as a wide range of non-bank institutional lenders and borrowers, advising on transactional and regulatory banking and finance matters. These include acquisition finance, margin loans, real estate financings, export finance, and credit risk mitigation. Practice head Eli Elya frequently oversees domestic and cross-border transactions involving secured bilateral and syndicated loans, acquisition finance, real estate and asset finance. Inbal Badner and Idan Baki are also well-versed in these areas, while Dubi Gross is recognised for his expertise in cross-border inbound secured financings. Ori Yitzhak specialises in credit transactions and regulatory matters. Additional key contacts include financial regulation expert Elite Elkon and Hana Atias, who focuses on secured syndicated loans, real estate, and project financing.

Israel > Commercial, corporate and M&A

(Leading partners)

Elite Elkon – Gornitzky & Co.

Gornitzky & Co.’s M&A practice is renowned for its expertise in managing complex cross-border and domestic transactions for Israeli and international conglomerates, public corporations, private equity funds, and venture capitalists. Co-head Chaim Friedland specialises in capital raising, while fellow co-head Elite Elkon is recognised for her work on intricate mergers and acquisitions, financial regulatory matters, and financing transactions. Timor Belan is an expert in international compliance and investigations, while Yehonatan Raff specialises in cross-border private M&A and hi-tech venture capital. Firm chairman Pinhas Rubin serves as another key contact in the practice

Lawyer Rankings

Top Tier Firm Rankings

Firm Rankings