Gornitzky & Co. > Tel Aviv, Israel > Firm Profile

Gornitzky & Co.
Vitania Tel-Aviv Tower
20 Haharash St.
TLV 6761310
Israel

Israel > Banking and finance Tier 1

With notable expertise in export finance, Gornitzky & Co. is regularly sought out by the five largest banks in Israel, as well as by non-bank institutional lenders and borrowers, for advice on both transactional and regulatory matters, ranging from real estate financings and credit risk mitigation structuring, to acquisition finance and debt financing work. Practice head Eli Elya is a key contact, routinely advising on out-of-court debt restructurings, while Dubi Gross and Elite Elkon notably focus on cross-border banking and finance transactions. The team also includes Inbal Badner and Hana Atias, noted for their expertise in real estate and construction finance work; Idan Baki, who is an expert in acquisition and leveraged financings; and credit transaction and regulatory specialist Ori Yitzhak.

Practice head(s):

Eli Elya

Testimonials

‘The team is very professional and has a strong business acumen.’

‘Eli Elya and Hana Atias are excellent and very helpful.’

‘They are thought leaders in Israel and are up-to-date on the international and cross-border transaction market.’

‘Dubi Gross is an extremely effective negotiator.’

‘The legal team is very professional and reliable. One of the leaders in Israel. It provides exceptional service. The staff is helpful and approachable. The team is very creative and finds a unique solution for each event.’

‘Very professional, confident team. They want to excel in every transaction. They produce good and pleasant work.’

Key clients

HSBC Bank plc (Tel Aviv Branch)

Bank Hapoalim

Mizrahi Tefahot Bank

Leumi Bank

Israel Discount Bank, Ltd.

Bank of Jerusalem

First International Bank Of Israel

Altshuler Shaham Investment House Ltd.

Harel Pension and Provident Funds Ltd.

Deutsche Bank AG

Meitav Dash Provident and Pension Funds Ltd.

Phoenix Insurance Company Ltd.

Clal Insurance Company Ltd. and affiliates

Venture Lenders, including: Scintilla Fund LP and Liquidity Capital II L.P.

Harel Insurance Company

More Investment House

Leumi Partners Ltd.

Extra Public Transportation Ltd

Bain Capital Credit, LP

Menora Mivtachim Group.

Bridgepoint

FORTRESS CREDIT CORP

Israel > Capital markets Tier 1

Gornitzky & Co.‘s team of capital markets experts routinely advises both Israeli and international issuers, banks, investors and underwriters on the full spectrum of public and private offerings of debt and equity securities, large IPOs, as well as listing securities on the Tel Aviv Stock Exchange. Spearheaded by Chaim Friedland, who is the go-to lawyer for issuers and underwriters on outbound transactions, the team also includes Yair Shiloni, who is highly praised by clients for his expertise in public offerings, capital raisings and bond issuances. Domestic capital markets and securities practice head Sharon Werker-Sagy specialises in IPOs and follow-on offerings, while global equity and debt offerings expert Ari Fried, Uri Heller, and corporate and local capital markets practice head Lior Porat are also recommended.

Practice head(s):

Lior Porat; Chaim Friedland; Sharon Werker-Sagy

Other key lawyers:

Testimonials

‘The team has a deep collective experience and commendable synergy that results in a seamless and effective legal service. The team’s dedication, adaptability and knowledge of capital markets are undeniable. Their combined strengths complement Yair Shiloni’s leadership, which positions them as a formidable force in the capital markets legal sector.’

‘In the intricate and ever-changing realm of capital markets, it is critical to have a legal mind that not only understands the intricacies of the industry, but is also able to navigate it with deft precision. In this context, Yair Shiloni’s experience shines through.’

‘Over the years, we have had the privilege of being assisted by Yair Shiloni on capital markets matters. He has always demonstrated an exceptional understanding of financial markets, regulatory environment, and the strategic nuances required to succeed. Whether it is a regulatory compliance issue, an IPO or a sophisticated securities’ transaction, Yair has always provided keen and effective insights and strategies.’

‘One of the attributes that impresses me most about Yair Shiloni is his proactive approach. He does not just react to market changes, but anticipates them, providing guidance that always ensures we are optimally positioned. His dedication to following market trends and regulatory changes gives us confidence, knowing that our interests are protected.’

Key clients

A.G.P./Alliance Global Partners

Fortissimo Capital Fund GP

Israel Corporation Ltd.

Keystone Reit Ltd.

Value Base

UBS

Telrad Networks Ltd.

SVB Leerink

Strauss Group Ltd.

Stifel

Shikun & Binui Energy Ltd.

Shikun & Binui

Phoenix Group

Oppenheimer & Co. Inc.

OPC Energy Ltd.

Morgan Stanley

Menorah Mivtachim

Melisron Ltd.

Lynrock Lake Master Fund LP

Leumi Partners

J.P. Morgan

Jefferies

Goldman Sachs

Cellcom

Barclays

Citigroup

Cowen and Company

Work highlights

  • Advised Capricorn Energy PLC on a reverse merger with New-Med Energy LP, an Israeli limited partnership listed for trade on the Tel Aviv Stock Exchange.
  • Advised Shikun & Binui Energy LTD on an issuance of bonds to the public for approximately NIS750m by a new series of public bonds and existing series of bonds.
  • Advised Telrad Networks Ltd on its approximately NIS210m acquisition (going-private) by Liquid Intelligent Telecommunications (Jersey) Ltd.

Israel > Commercial, corporate and M&A Tier 1

Regarded as the go-to firm for new international players on the Israeli market, Gornitzky & Co. maintains a stellar reputation in the field, handling the country’s highest-profile M&A transactions, while also notably assisting private equity firms in their private capital raising operations. Department co-head Chaim Friedland is the main contact, while fellow co-head Elite Elkon’s practice includes financial regulatory matters and financing transactions. Other key names include Timor Belan, who concentrates his strong capabilities on international compliance and investigations, hi-tech industry expert Yehonatan Raff, and firm chairman Pinhas Rubin.

Practice head(s):

Chaim Friedland; Elite Elkon

Other key lawyers:

Testimonials

‘The firm knows how to support all the necessary aspects of complex transactions in all sectors, and the teams work together for the success of the transaction. The firm is well versed in all aspects of our legislation, which greatly facilitates the legal work and examinations.’

‘Significant experience in different types of transactions in many sectors, high level of service, and entrepreneurial mentality.’

‘The team worked very efficiently. Business-oriented, and focused on what matters.’

‘Chaim Friedland and Timor Belan are responsive, committed, professional and focused on the main points of discussion. I found them to be of a very high standard, and enjoyed working with them as a team and as individuals. The team and the office knew when to push and when it was time to focus on the work at hand.’

‘Committed, professional, knowledgeable and well-connected with all key players. They also helped me negotiate the SPA and R&W in a way that exceeded my expectations.’

‘The Gornitzky team consistently demonstrates exceptional professionalism, unwavering availability and a remarkable ability to think outside the box, offering creative and innovative solutions to complex legal challenges. It excels as a solution-finder, adapting seamlessly to evolving needs and proactively identifying potential problems.’

Key clients

Warburg Pincus

Financial Investments BV

Keystone REIT Ltd.

Rapyd Financial Network (2016) Ltd.

OPC Energy Ltd.

Freightos Limited

Samelet Motors Ltd.

Guy Carpenter & Company, LLC

Gadot Chemical Terminals (1985) Ltd

Dan Company for Public Transportation Ltd.

Cobwebs Technologies Ltd.

Eitan Medical Ltd.

Lidorr Elements Ltd.

Gesher Britain Investments Company Ltd.

General Robotics Ltd.

New BrightSource Energy Ltd.

Hamovil Jack Yulazari Ramla Ltd.

Work highlights

  • Advised Warburg Pincus, a prominent international private equity firm, on the sale of its controlling stake in Max, one of Israel’s largest credit card companies, to Clal Holdings.
  • Advised Rapyd Financial Network, a global fintech-as-a-service startup, on its acquisition of PayU’s business in LATAM and EMEA.
  • Advised Freightos, a leading vendor-neutral booking and payment platform for international freight, on a substantial and complicated SPAC transaction through a definitive merger agreement with the Gesher 1 Acquisition Corp.

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

Over the past year alone, Gornitzky & Co. represented clients in 187 class action certification motions and 89 derivative certification motions. The team is well-placed to handle matters involving all of Israel’s core industry segments, but it has been particularly active on behalf of clients in the financial services sector of late, including Israel Discount Bank, Harel Group and Menora Mivtachim Group. It also recorded a significant uptick in consumer protection and accessibility class actions. Ofer Tzur heads the overarching litigation department and ‘triumphs over the most complex trials’. The team additionally includes Noam Ronen, who specialises in class actions and derivative claims; Maya Sabari, who is noted for complex derivative actions; and ‘great litigator’, Harel Shaham.

Practice head(s):

Ofer Tzur

Other key lawyers:

Noam Ronen; Maya Sabari; Harel Shaham; Ofer Fleischer; Tom Alkalay; Pinhas Rubin

Testimonials

‘The firm is experienced in learning new topics and litigating. Harel Shaham is a great litigator.’

‘This firm provides me with legal services in the field of class actions, where it does a very professional and good job. Lawyers are very thorough in their work, write well, and argue well in court. Harel Shaham does a great job. I love working with him, he is very professional.’

‘The team is very professional, with deep knowledge and understanding of the law and the details of the case. Maya Sabari, is one of the best lawyers I have ever worked with. Super intelligent, very professional and thorough.’

‘A very motivated and dedicated team that cover the different aspects. Lawyers stand out for their innovative way of thinking, flexibility of point of view, and strong experience.’

‘Gornitzky & Co.’s litigation department is excellent. The department’s lawyers are professional, highly experienced and provide their clients with the best professional service 24/7. The team demonstrates full dedication to its clients and is highly respected by the judicial system and its judges.’

‘Ofer Tzur is undoubtedly the best litigator in Israel. He masters all areas of law, is a genius in his field, and triumphs over the most complex trials. Ofer Tzur is a go-to attorney in litigation.’

Key clients

Abbott Medical Laboratories

Dan Public Transportation

Former External Directors of Gibui Holdings

Mawdsley-Brooks & Company

Meitav-Dash Investment House and its provident funds

Israel Railways

Israel Discount Bank

External and independent directors of Megureit Israel, a REIT fund

Harel Group

Menorah Mivtachim Group

Osem – Nestlé

Office holders and controlling shareholders in Hagag Group

ICL Group

Clal Insurance Group

AMD Real Estate Development & Investment

Phoenix Insurance Group

L’Oreal Israel Cosmetics

City Time

Mercantile Discount Bank

Isracard

Mivtach Simon (subsidiary of Migdal Group)

Tmura Insurance Agency (1987) (subsidiary of Clal Group)

Shekel Group (subsidiary of Pheonix Group)

Agam Liderim (subsidiary of Pheonix Group)

Azorim Group and the Directors and Management Company of Azorim Living REIT Fund

Migdal Group

Altshuler Shaham Investments House

Colmobil Car Financing Solutions

TopGum Industries and Top Gum Trade and Marketing

Melisron

Tier Mobility

Work highlights

  • Advised Abbot Group in a class action filed against Abbot Israel alleging it misled premature infants, and their parents, by failing to warn of the risk of premature infants developing necrotising enterocolitis, related to the use of cow’s milk-based infant formula during their time in Neonatal Intensive Care Units.
  • Represented former external directors of Gibui Holdings in two class action certification motions, claiming that their failure to timely report events caused the shareholders and debenture holders damage of more than NIS100m.
  • Advised Harel Insurance Group and Menora Mivtachim Insurance Group in motions to certify a class action concerning fiduciary duty.

Dispute resolution > Dispute resolution: mediation and international arbitration Tier 1

The ‘top-notch international arbitration team’ at Gornitzky & Co. is regularly engaged by international clients on arbitration cases, including interim applications to the Israeli courts, with additional experience in enforcement cases of both arbitration awards and court judgements. Practice leader Eli Cohen is an ‘experienced and sharp litigator’, who handles high-stakes energy, construction and infrastructure disputes, while Nuna Lerner is praised as an ‘an outstanding lawyer with excellent technical skills’. Nir Keidar represents clients in proceedings under the rules of various arbitral bodies, as well as in ad-hoc proceedings, and Shai Sharvit is commended as ‘a star in international arbitration’. ‘Calm and collected’ associate Myriam Feinberg is another key contact in the group.

Practice head(s):

Eli Cohen

Testimonials

‘Quite simply the leading international arbitration firm in Israel.’

‘Nir Keidar is an exceptional lawyer; always dedicated to his client’s cases and a pleasure to work with.’

‘Nuna Lerner is an outstanding lawyer with excellent technical skills, is client-oriented and extremely friendly.’

‘Eli Cohen is an experienced and sharp litigator. He is smart and can advise on excellent strategies.’

‘Truly international and versatile. They work together in a seamless way and everyone is hands on and on top of the case.’

‘Myriam Feinberg is calm and collected under pressure.’

‘Top-notch international arbitration team, one of the best in Israel.’

‘Shai Sharvit is a star in international arbitration. He is incredibly knowledgeable of local and international issues.’

Key clients

Komaksavia Airport Invest Ltd. (Cyprus)

TMDC Ltd.

Luzon Group and Alumi

Harel Insurance Company Ltd

Sirme Si Cabluri S.A

Major Residences Co. Ltd

RCS Solar Ltd.

Exyte Israel Projects Ltd.

Shikun & Binui Energy Ltd.

Work highlights

  • Acting for Komaksavia Airport Invest Ltd. (Cyprus) in an appeal over a €883.7m SCC Investor-State arbitration against a European country.
  • Acting for an Israeli infrastructure company against General Electric in a $20m ICC arbitration comprised of multiple dispute resolution proceedings.
  • Acting for a German company for the enforcement of the first-ever ICSID award being brought for enforcement in Israel before the Israeli court.

Israel > Energy Tier 1

Gornitzky & Co.’s diverse client roster demonstrates that it acts for major stakeholders in energy matters, including energy companies, borrowers, lenders, investors and construction companies. The firm’s comprehensive practice is additionally evidenced through its work across the full gamut of legal issues, from exploration and regulatory compliance, through to project development, project finance and energy transactions. High-profile name Jack Smith is ‘an expert in his field’ and anchors a group that includes infrastructure, energy and project finance partner Ronit Rozenstein-Barel and projects specialist Itay Geffen. Maya Dvir and senior associate Liron Koren are also recommended.

Practice head(s):

Jack Smith; Itay Geffen; Ronit Rozenstein-Barel

Other key lawyers:

Yiftah Farber; Maya Dvir; Liron Koren

Testimonials

‘We value the team for its great client relationship skills, outstanding availability, strong professional knowledge, vast experience in relevant fields, creative thinking and integrity. We highlight Jack Smith and Liron Koren.’

‘First-class professionals. Well-informed with the relevant regulations as well as market info.’

‘I mainly work with Jack Smith. An expert in his field, very well-connected and informed, great availability and fast response times.’

‘Jack Smith and his team are truly knowledgeable about the Israeli O&G sector, from a legal standpoint and business-wise. The team provides pragmatic and relevant legal interpretations and recommendations, fit for the needs of foreign investors.’

Key clients

Keystone Fund

Capricorn Energy

Zero Waste

Dan Public Transportation

GES – Generation Capital

OPC Energy (OPC Rotem, OPC Hadera)

Doral Group

Negev Energy Ashalim Thermo-Solar

Ratio Energies Limited Partnership

Nahor Transportation Lanes

Shikun & Binui

Fattal Hotel Group

Noy Fund Negev

IP Innovative Power

Phoenix Insurance Company

Amitim

Menora Mivtachim Insurance

Clal Insurance and Finance Group

Extra Public Transportation

Reindeer Energy

Dana Engineering

Rapac Energy of the Rapac Group

Work highlights

  • Representing OPC Energy and Noy Fund in a tender issued by the Israel Electric Corporation (IEC) for the acquisition of the Eshkol power plant, the fourth plant sold by IEC under the reform of the electricity market.
  • Representing Keystone REIT in a transaction with Edeltech group in which Keystone (together with an institutional investor) provided partly convertible mezzanine loans totalling NIS265m, used to partially finance the acquisition of the Ramat Hovav power plant.
  • Advising Ratio Energies on contractual, financial and regulatory issues regarding its investment in the Leviathan field to supply natural gas to customers in the Israeli market.

Israel > Infrastructure Tier 1

Gornitzky & Co.’s diversified infrastructure practice is frequently appointed to handle a broad range of transport projects, social infrastructure matters and industrial projects. Primarily active on behalf of private-sector participants, including sponsors, construction companies and lenders, the group is equipped to advise on all stages of a project, from pre-qualification to operational issues. The group is co-led by Itay Geffen, who stands out for his impressive record in structuring multi-sourced financings; Ronit Rozenstein-Barel, whose expertise spans project finance and development; and Yiftah Farber, who is noted for his experience in the public transport sphere. Recently promoted partner Maya Dvir and senior associate Liron Koren are also recommended.

Practice head(s):

Itay Geffen; Ronit Rozenstein-Barel; Yiftah Farber

Other key lawyers:

Key clients

Keystone Fund

Dan Public Transportation

Dan Capital Infrastructures and Financial Investments

Noy Fund

OPC Energy (OPC Rotem, OPC Hadera)

Mekorot Water Company, Voith Hydro and Verbund

Alstom Israel

Electra Concession

Clal Insurance and Finance Group

Menora Mivtachim Insurance

Chemothal

H2ID

Voith Hydro

Siemens Mobility Israel

Amitim Pension

Phoenix Insurance Company

G.E.S. Global Environmental Solutions

Generation Capital

Shikun & Binui – Northern Roads

Negev Energy – Ashalim Thermo – Solar

Zero Waste

Ratio Energies Limited Partnership

Nahor Transportation Lanes

Extra Public Transportation

Work highlights

  • Representing Zero Waste as the winning bidder, in the BOT tender issued by the State of Israel, for the design, financing, construction, operation and maintenance of a municipal solid waste treatment plant.
  • Representing Dan Public Transportation Company as a shareholder in TMT–TLV Metropolitan Tramway, the successful concessionaire in a PPP tender for the design, financing, construction, and maintenance of the Green Line of the Tel Aviv light rail.
  • Representing Keystone Fund in its NIS4.8bn acquisition of Egged, Israel’s largest public transport provider.

Israel > Real estate and construction Tier 1

Active in planning and zoning, construction and real estate transactions, Gornitzky & Co.’s real estate group enjoys strong relationships with major developers, property owners, hotel chains and retail clients, among others. The multidisciplinary practice additionally stands out for its supplementary experience in real estate taxation, finance-related matters and litigation. Among the names to note, department head Shlomo Cohen is held up as a ‘go-to guy for complex real estate transactions’; Eyal Marom’s experience spans the real estate, infrastructure, and hotels and leisure spheres; Lior Relevy specialises in commercial and real estate work, including financings; and Shiri Shani focuses on commercial real estate matters, with an emphasis on project development.

Practice head(s):

Shlomo Cohen; Eyal Marom

Other key lawyers:

Lior Relevy; Shiri Shani; Maya Hoftman; Itai Itzkovich; Yoad Cohavi; Dana Suidman

Testimonials

‘The team is very professional and knowledgeable. Shlomo Cohen is very smart and talented and delivers results — my go-to guy for complex real estate transactions.’

‘The team is professional and dedicated to client’s needs and requirements.’

‘Shlomo Cohen and Shiri Shani are head and shoulders above all their peers.’

Key clients

Gav-Yam Land

Melisron

Property and Building Corp.

Shikun and Binui Real Estate

Ofer Investments Group.

Tshuva Group: Elad Israel Residence; Delek Sea Maagan; Elad hotels; Elad Dead Sea Hotels; Tashluz Poleg and Sharon Tshuva Holdings (2011)

Vitania

Amdocs Israel

Ramat Hovav Power Station – partnership with Shikun & Binui and Edeltech

The Hagit Power Station – a Partnership between Shikun & Binui and Edeltech

Egged Transportation Company

Phoenix Insurance Company, White City Buildings

Clal Insurance

Dan Public Transportation.

Fattal Hotels

Sugat Industries, Arison Group.

The Etgar Group: Elishar Sab; Agrippas City Commerce; A.R.A. Abrahamian; D.S Hortensia; Ela Eitan Counseling and Entrepreneurship; Briza Ashdod Storage and Logistics

Getter Group

Megureit Israel – Residential Real Estate Investment Trust.

Geva Real Estate

BST Group

S.B.T. Logistics

Iron Nadlan

Baruch Sun-Chen Initiative and Marketing

Simcha Reshef Holdings; Simcha Reshef Properties

The Karta Group: A.R. Karta Center Givat Shaul

Gishmei Chaim

Ofek Sheli Building and Development

Reindeer Energy.

Strauss family: Mr. Adi Strauss and Mrs. Irit Strauss.

Iman J.B. Properties 2010

Nevo Dori Management and Initiative

Amad Real Estate Development and Investments

Naaman Group

A.V.N.R Even Israel Residence

Yitzhak Kibilis, Aryeh Kibilis, Chaya Kibilis Ofek

Bait Bakfar

Nesher: Evron Projects Ltd. and Federman Investment Finance

Matalon Family

Saldan Holdings

Phoenicia Flat Glass Industries

Mishab Housing Construction & Development

Geocartography Institute For Spacial Research

Israeli Hotels Association

Ego Growers

L’eoreal Isael

Shagrawi Building and Construction (SBC)

Bet Elazraki Children’s Home

Delek Motors

Work highlights

  • Represented Melisron in four transactions totalling NIS979.8m, with the corresponding overall projects’ value exceeding NIS3bn.
  • Advised Gav-Yam Land on the construction of a Rav Bariach plant.
  • Represented Delek Group in a suspended agreement where Delek purchased all of Discount Investments’ shares in Mehadrin for NIS250m.

Israel > Restructuring and insolvency Tier 1

The team at Gornitzky & Co. represents distressed corporations, creditors, shareholders, financial institutions and private equity sponsors in insolvency and corporate restructuring mandates. Praised as ‘incredibly commercial and deeply knowledgeable’, Yaron Elhawi handles high-stakes insolvency cases and jointly leads the team alongside Karen Reichbach-Segal, who has experience in liquidations, receiverships, and insolvencies. ‘Pragmatic and deal-orientedAmnon Biss advises on debt settlements in litigation mandates and is frequently engaged by creditors. Firm chairman Pinhas Rubin and Ofer Tzur, who spearheads the litigation department, are also key contacts in the team.

Practice head(s):

Yaron Elhawi; Karen Reichbach-Segal

Other key lawyers:

Amnon Biss; Pinhas Rubin; Ofer Tzur; Kfir Yadgar; Guy Ido

Testimonials

‘The team at Gornitzky are extremely smart, highly knowledgeable and well-trained, as well as practical and business-oriented.’

‘Amnon Biss has an amazing attention to detail, but is pragmatic and deal-oriented. He is also very personable, likeable and a pleasure to work with.’

‘The best team, who respond quickly, are very commercial and have great experience.’

‘Yaron Elhawi is incredibly commercial and deeply knowledgeable.

Key clients

Secured bondholders of All Year Holdings Limited

Bank Hapoalim Ltd.

The Unsecured Creditors’ Committee of Celsius Network LLC

Former officers of the Better Place Group – Idan Ofer, Amir Elstein and Eran Sarig

Oil Fields Exploration (1992) – Limited Partnership

Secured Creditors of Amos Spacecom

Iron S.B.T. Group Ltd.

Bank Hapoalim – largest creditor of the Eurocom Group (in liquidation) of Shaul Elovitch

Honigman & Sons Ltd.

Liquidators of Agrexco Agricultural Export Co. Ltd.

TGI Real Estate Investment Ltd.

Delek Group Ltd.

Bank Hapoalim Ltd. – insolvency of ‘Ramat Hagolan Dairies’

Royal App. Ltd. (in liquidation)

Smart Entertainment Ltd.

Wertheimer Family – owners of Tefen Open Museums

Geffen Hedge Funds Management Ltd.; Cramim Capital Markets Ltd.

Amit A.E Maafe Conditorya Ltd

Work highlights

  • Advising the Israeli secured bondholders of All Year Holdings in its cross-border insolvency.
  • Acting for Space.com secured creditors in negotiations with all stakeholders to achieve a debt restructuring agreement in accordance with the recently updated insolvency law.
  • Represented the former officers of the now-defunct Better Place Group in a motion to dismiss a claim filed by the companies’ liquidators against 22 defendants.

Israel > Tax Tier 1

Gornitzky & Co. is well versed in taxation work for high-net-worth individuals who have immigrated to Israel from other countries, as well as those who have chosen to emigrate from Israel to different jurisdictions. The firm handles matters for such clients including taxation of trusts and foreign tax credit advice. The firm also stands out for its high-profile tax litigation experience, regularly handling appeals at the Supreme Court level, as well as multiple appeals against the tax authority. The team is jointly led by Pinhas Rubin, who focuses on the financial services sector and also specialises in criminal tax adjudication, and trusts and estates expert Daniel Paserman. Gil Grady is also key, covering corporate tax, real estate taxation, VAT and sales tax matters. Shlomo Aviad Zider, an experienced advisor in tax-related investigations and an accomplished litigator, is another of the team’s top practitioners.

Practice head(s):

Pinhas Rubin; Daniel Paserman

Other key lawyers:

Gil Grady; David Goldman; Shlomo Aviad Zider; Adi Haya Raban

Key clients

Apex Fund

CA Software Israel Ltd.

Citigroup

F. Hoffmann-La Roche Ltd.

Goldman Sachs

Jefferies

LG Electronics

Morgan Stanley

Siemens Industry Software

Warburg Pincus

Work highlights

  • Representing two well-known multinationals in tax appeals revolving around the acquisition of an Israeli start-up by the multinational.
  • Represents CA Software Israel in an appeal filed with the Supreme Court challenging the Israel Tax Authority’s position on the valuation of an IP sale and the resulting secondary adjustment.

Israel > Telecoms and media Tier 1

Lawyers at Gornitzky & Co. score highly with sources for their ‘unique combination of legal expertise and technological understanding’. A longstanding powerhouse in media and telecoms law, the comprehensive practice spans the full range of sub-sectors, including the TV, satellite, internet, social network, and cellular spheres. The team is led by managing partner Lior Porat, who contributes over two decades of experience at the forefront of the telecoms industry. Additionally, up-and-coming specialist Asaf Avtuvi is highly regarded for his experience in advising leading TMT companies on regulation, disputes, and transactions, including M&A, procurement and licensing issues. At associate level, seniors Anat Schnur Rabinovich and Rebecca Genis are recommended.

Practice head(s):

Lior Porat

Testimonials

‘The team is way more than simply our lawyers; they are mentors, advisors, partners, guides and even friends. It knows our business very well and keeps learning. It knows and understands our needs, challenges and limitations, and always takes those into account. Its availability and response times are highly impressive.’

‘I mainly work with Asaf Avtuvi, Lior Porat and Rebecca Genis. they are very cordial, patient, professional and responsive. They have a unique combination of legal expertise and technological understanding, which is extremely helpful and productive for our needs and activities.’

Key clients

The British Broadcasting Corporation

Meta Platforms

YES TV AND COMMUNICATIONS SERVICES

Bezeq The Israeli Telecommunication Corp ; and former and present officers of Bezeq

Pelephone Communications

Telrad Networks

Priority Software

Work highlights

  • Advising TV provider, Yes, on a wide range of telecoms regulatory matters, including on the renewal of its satellite broadcasting licences and on a petition filed to the Supreme Court regarding regulatory aspects of investments in local Israeli TV productions.
  • Representing former and present officers of Bezeq The Israeli Telecommunication Corp in a motion for approval of a derivative action regarding the wholesale market regulatory reform.
  • Advising Meta Platforms on matters relating to a civil action submitted to the US District Court for the Northern District of California.

Israel > Competition/antitrust Tier 2

Gornitzky & Co. fields a robust competition and antitrust practice which advises clients from a range of industries, including energy, infrastructure, and healthcare, on both criminal and civil proceedings. Drawing on his previous senior position at the ICA, practice head Avner Finkelshtein‘s broad practice spans antitrust litigation, criminal cartel investigations, and abuse of dominance, while Lior Frank focuses on complex litigation cases, most notably class action proceedings. Senior associate Noa Schwitzer Amar is also recommended for her prowess in handling class actions related to claims of abuse of dominant power and excessive pricing.

Practice head(s):

Avner Finkelshtein

Other key lawyers:

Testimonials

‘Gornitzky’s antitrust team is very knowledgeable and provides, in a relatively short time, effective advice and solutions to the complex antitrust issues arising from various transactions.’

‘The team is very responsive and provides advice on an ongoing basis when needed. For this reason, we regularly seek their antitrust advice.’

‘We regularly work with Avner Finkelshtein and Lior Frank, who are very knowledgeable in all aspects of antitrust law and provide efficient antitrust solutions in a timely and diligent manner.’

‘Avner and Lior assisted us in obtaining approval from the Israeli Competition Authority for numerous transactions and merger agreements. They are also very helpful and responsive.’

‘Avner is extremely experienced and business-oriented. He has a direct and decisive approach, which is unmatched in Israel.’

‘Always helpful, very professional, really caring, free, deep thinker, excellent cooperation within the team and with the other partners.’

Key clients

Al-Red Elevators Engineering Ltd.

Mawdsley-Brooks & Company Ltd.

Priority Software Ltd.

OPC Energy Ltd.

Dan Public Transportation Ltd.

Erroca International Ltd.

Shikun & Binui Ltd.

Fattal Hotels Ltd.

Keystone Fund

Materna Industries Limited Partnership

Israel Hotel Association

L’Oreal Isael (a subsidiary of L’Oreal Group)

Ackerstein Group

Hadad, Roth, Shenhar & Co. Law Offices

Strauss Group

Melisron Ltd.

Fortissimo Capital

Elad Hotels Ltd., of the Elad Group

Work highlights

  • Represented Mawdsley Brooks in a ground-breaking and unprecedented case, in which the Competition Authority imposed a prohibition on excessive pricing by a monopolistic entity.
  • Represented Erroca International Ltd., a renowned Israeli sun and eyeglasses retail chain and supplier of wholesale optical products, in its acquisition by Super Pharm Group, Israel’s largest pharma retailer in Israel, or by analogy, the Israeli “Boots”.

Dispute resolution > Dispute resolution: local litigation and arbitration Tier 2

Commended as being ‘highly respected by the judicial system and its judges’, Gornitzky & Co.’s dispute resolution group is equipped to handle high-stakes cases in the commercial, civil and administrative law fields. Considered by some as a ‘strategic genius’, group head Ofer Tzur continues to raise his profile in the market and was at the helm for several key matters over the past year, including representing Property and Building Corp and Hadarim Properties in a multimillion-dollar dispute with Mega Or Holdings and Big Shopping Centers. Other experienced partners include firm chairman Pinhas Rubin; Kfir Yadgar, who possesses niche expertise in hospitality and transport-related matters; and commercial litigator Ofer Fleischer. The team also draws on Shirin Gabbay-Metzger, Eli Cohen and ‘creative’ senior associate Inbal Ronel.

Practice head(s):

Ofer Tzur

Other key lawyers:

Pinhas Rubin; Kfir Yadgar; Eli Cohen; Maya Sabari; Ofer Fleischer; Shirin Gabbay-Metzger; Itzik Lazar; Inbal Ronel; Ilana Zibenberg

Testimonials

‘Ofer Fleischer is professional, thorough, with the ability to get down to details, while understanding the whole. Ofer is also balanced, careful, with excellent personal skills and legal understanding. Inbal Ronel assists very thoroughly, is very helpful, professional, sharp, has impressive drafting skills and creative thinking.’

‘As the GC of a public company, I received a recommendation to retain Kfir Yadgar and Ofer Fleischer to represent our company in a commercial dispute. There was no doubt from the beginning that Kfir and Ofer were top-notch attorneys. Every course of action they took enabled our company to prevail.’

‘Gornitzky & Co.’s litigation department is excellent. The department’s lawyers are professional, highly experienced and provide their clients with the best professional service 24/7. The litigation’s lawyers demonstrate full dedication to their clients. They are highly respected by the judicial system and its judges.’

‘Ofer Tzur, Head of Gornitzky’s Litigation Department, is undoubtedly the best litigator in Israel. He masters all areas of law, is a strategic genius, and triumphs over the most complex trials. Ofer Tzur is the go-to attorney in complex litigation.’

‘I worked with Ofer Tzur, Ofer Fleischer, and senior associate Ilana Zibenberg – they are highly skilful professionals, very knowledgeable, strive to be extremely thorough, and unconditionally fight for me as a client. They were available almost 24/7. Their performance in court was superb.’

‘Ofer Tzur is, in my opinion, the best litigator in Israel. The team managed by him is a team of elite and brilliant people, excellent lawyers in their own right. This is the team that manages some of the largest lawsuits in the country, with the highest professionalism, while providing personal service around the clock.’

Key clients

Priority Group

Property and Building Corp. (PBC), a member of the IDB Group

Attorneys Ori Arad and Guy Yuval

IDE Water Assets

All Year Holdings

Robert Bosch

Siemens Energy.

Ben-Gurion University of the Negev; BGN Technologies

The late attorney, Dr. Jacob Weinroth, via his heirs

Officers of Discount Investment Corporation

Kartashov

Dizengoff Trade

Intercure

Cost 365 in liquidation

Delek Group

Work highlights

  • Represented the IDE group in dismissing a petition and a request for interim injunctions filed against it resulting from its win of a tender worth billions of NIS for water desalination in the Western Galilee.
  • Represented the Israeli secured bondholders of US-based All Year Holdings in a cross-border insolvency case, where its clients’ combined debt was $460m.
  • Represented Robert Bosch in a claim filed by the State of Israel against Volkswagen and Audi, and their importers to Israel, in a lawsuit forming part of the worldwide Dieselgate scandal.

Israel > Employment Tier 2

Gornitzky & Co. houses a team of specialised practitioners who routinely represent clients from the public transportation, financial and insurance, travel and tech industries in complex collective bargaining agreements and employment-related litigation, where practice head Michael Ayalon stands out for his expertise in labour law-related disputes and administrative matters. Also active is the team in handling transactional issues, negotiations with workers’ organisations and collective agreements, areas in which Sagi Padureanu is particularly well-versed. Collective labour law expert Roni Sharon Aviram and employment-related M&A transactions specialist Lee Alter Kizis are also recommended.

Practice head(s):

Michael Ayalon

Testimonials

‘The Gornitzky team houses a group of professionals who are very attentive to our needs. They understand our business and give us the support we need to combine business needs with legal aspects and make the best of both.’

‘They always find the appropriate solution that can support our business needs and satisfy any request. Very practical, knowledgeable, fast, provides great service.’

‘The team is of the highest calibre. They are professional, responsive and available during EST, even outside local IL hours, when needed.’

‘The team provides guidance and support, and is experienced in various areas of the industry, from complex M&A or financing transactions to commercial litigation and current corporate law.’

‘Top professionals and very friendly. I always feel I can completely trust the people I work with.’

Key clients

Shufersal

Dan Public Transportation Ltd.

Dan Badarom Transportation (2016) Ltd.

Emilia Group

The Phoenix Insurance Company Ltd.

Bittech Advance Technology Ltd.

Keystone Fund

Nintex

Rassco Residences Ltd.

Dan Be’er Sheva (2016) Ltd.

Papaya Global

Infinidat

Java Boat Corporation B.V.

Migdal Insurance Company Ltd.

Israeli Hotels Association

Medallia

Au10tix Ltd.

Profound investment house Ltd.

Amoon

Fattal Hotel Group

Nitzba Group

Melisron Ltd.

Pictet Group

TIER Mobility SE

Vitania Ltd.

Catalyst Investment LP Ltd.

Venus Concept Ltd.

Shopify

Morningside

Perimeter 81 Ltd.

Priority Software Ltd.

Deutsche Bank

Unaterra

Hyundai Motor Europe Technical Center GMBH

Work highlights

  • Represented Shufersal, the largest retail chain in Israel, in a complex and well-publisised process of terminating the employment of the most senior executive.

Israel > Healthcare and life sciences Tier 2

Praised by clients for its ‘wide range of expertise', Gornitzky & Co. acts for its varied client base of medical equipment manufacturers and distributors, and pharma companies. The team is jointly led by Assaf Harel, Itamar Mei-Zahav, Netta Shaked-Stadler, and Shy Baranov. Harel is well-versed in the full range of data privacy and cyber-security issues, whilst advising on internal anti-corruption policies. Mei-Zahav is known for his extensive corporate expertise, assisting a number of healthcare clients with IPOS and strategic collaborations. Corporate law specialist Rebecca Genis is particularly adept at handling the drafting of medical data processing agreements within the medical device industry.

Practice head(s):

Assaf Harel; Itamar Mei-Zahav; Netta Shaked-Stadler; Shy Baranov

Other key lawyers:

Ohad Gurfinkel; Rebecca Genis

Testimonials

‘Itamar Mei-Zahav is well-recognised in the industry. He always looks at the big picture.’

‘Excellent partner availability and engagement, personal attention, and availability of lawyers in different fields.’

‘Experts for different topics work together to provide consistent legal advise. Fast and reliable responses.’

‘I have been working with Gornitzky & Co. for several years, and I can confidently say that they are professional and service-oriented lawyers. The wide range of expertise and high quality service is very convenient for the legal counsel needs of companies.’

‘Gornitzky’s attorneys are professionals and provide excellent service.’

Key clients

Siemens Healthcare Ltd.

Moderna

V-Wave Ltd.

Biomx Inc.

Eitan Medical

Baibys Fertility Ltd.

eHealth Ventures

Sofwave Medical Ltd.

aMoon

Terem-Emergency Medical Centres

Abbott Medical Laboratories LTD

Qure Ventures

Our Crowd

ILEX Medical Ltd.

Levation Pharma Ltd.

Makesense Digital Health Technologies Ltd.

G-Med

Aviv Laser Solutions

FOREVE LABS LTD

Work highlights

  • Advising Siemens Healthcare on tenders published by hospitals and HMOs in Israel, commercial agreements, and regulatory privacy matters.
  • Advising Eitan Medical on an asset deal for the sale of a line of business to LTS, a commercial and financing agreement, and privacy matters.
  • Representing Abbott Medical Laboratories LTD in a class action.

Israel > Hi-tech and start-ups Tier 2

Lawyers at Gornitzky & Co.excel as solution-finders’, according to sources. The group acts for start-ups across all key technology segments — including fintech, cybersecurity, life sciences, gaming and agri-tech, among others — with extensive experience in M&A and financing transactions, capital markets and commercial work. Dual New York- and Israel-qualified Shlomo Landress spearheads the technology department and brings strong cross-border experience to the table. Additionally, Eyal Raz, who co-heads the private investment funds team, and Daniel Marcus are experienced tech specialists, while Dan Fisher is an impressive up-and-coming partner.

Practice head(s):

Shlomo Landress

Testimonials

‘The GNY team consistently demonstrates exceptional professionalism, unwavering availability, and a remarkable ability to think outside the box, offering creative and innovative solutions to complex legal challenges. GNY’s lawyers excel as solution-finders, adapting seamlessly to evolving needs.’

‘Dan Fisher consistently displays remarkable creativity, availability, and a deep familiarity with our company. His ability to approach legal challenges with a creative and innovative mindset has been instrumental in finding unique solutions tailored to our specific needs. Dan has always been readily available.’

‘What truly sets Shlomo Landress apart is his in-depth knowledge of our company, enabling him to provide highly personalized and strategic legal services that align seamlessly with our business objectives.’

‘I value the team for its great experience and very good client relations. Alon Rom, our lawyer, became part of the company.’

‘We recommend lawyers for their availability, professionalism, speed, and the ease of working together.’

Key clients

Rapyd Financial Networks (2016)

Lightricks

Perimeter 81

Gurshots

V-Wave

BiomX

Microsoft Global Finance

KCK

Ibex Israel VC

Lendai

Ilex Medical

MSA

Correlate Capital

On Track Innovations

Vala Remit

Lynrock Lake

Ovio Gaming

Cypator

Levation Pharma

Obli

Silentium

Teramount

Jifiti

3Dsil

DeliverRider

Loanly

Makalu Optics

miRobot

E – square

Airfence Solutions

M.S.A Shine Industrial Israel

TDCOMM

Cypator Technologies

Deep Insight

Sumit AI

Gencell

Luminescent

Baibys Fertility

Ludeo (aka Edge Gaming)

Medhub

Group 11 Venture Capital

Pegasus Medical (Israel)

Sensorz

Cobwebs Technologies

Decodea

Microsoft Corporation (M12)

Toyota A.I. Ventures Fund II

Work highlights

  • Represented M12 in a $5m investment in Ox Appsec Security.
  • Represented Toyota Ventures in its $6m investment in Intuition Robotics as part of a $20m round.
  • Represented Group 11 in two investment transactions over the past year, totalling $38.5m.

Intellectual property > Intellectual property: commercial/transactions Tier 2

Known for its significant international IP licensing and strategy formulation expertise, Gornitzky & Co. houses a team of specialised practitioners fully equipped to advise clients across a range of sectors, including biotechnology and software. China IP law expert and practice head Ziv Rotenberg is a key contact for both contentious and non-contentious IP-related matters, while Anat Zehavi is noted for her knowledge of complex software licence agreements.

Practice head(s):

Ziv Rotenberg

Other key lawyers:

Testimonials

‘Ziv Rotenberg is a highly qualified professional with in-depth knowledge and business acumen. He is also service-oriented.’

‘They are extremely knowledgeable about our business. We only had to explain things once, and they understood everything. From then on, for every discussion or question, we did not have to waste time providing context, they simply understood everything and presented all the different legal options in a way that we could clearly understand and make a quick decision.’

‘Ziv Rotenberg – Extremely kind, knowledgeable, sharp and patient. One of the easiest partners to work with.’

‘Anat Zehavi – Sharp, quick, direct and organised. She is our main point of contact for everything. We really feel we are in good hands.’

Work highlights

Intellectual property > Intellectual property: filing/prosecution Tier 2

Gornitzky & Co.‘s IP capabilities are focused in particular on the filing and prosecution of trademarks, as well as on managing complex trademark portfolios, where Shirley Gal stands out for regularly representing domestic and international clients from a range of sectors, including pharmaceutical, cybersecurity and energy. The team also includes patent and trademark law expert Ziv Rotenberg.

Practice head(s):

Ziv Rotenberg; Shirley Gal

Key clients

Priority Software Ltd.

Rollink Smart Travel Ltd.

Lightfective Ltd.

Ludeo Ltd.

Mitsubishi Tanabe Pharma Corporation

Multi Retail Group Ltd.

Sensorz Ltd.

Electra Consumer Products (1951) Ltd.

Brown Hotels Ltd.

Perception Point Ltd.

Mobileye Vision Technology Ltd.

Keter Home & Garden Products Ltd.

Caesarstone Ltd.

Eitan Medical Ltd.

Neuroderm Ltd.

Solaredge Technologies Ltd.

Monday.com Ltd.

Wix.com Ltd.

Kafrit Industries (1993) Limited

Castro Model Ltd.

Beefree Ltd.

OpenWeb Technologies Ltd.

Neuron Entrepreneurship Ltd.

Brandshield Ltd.

Waves Audio Ltd.

Seiko Holdings Corporation

MyHeritage Ltd.

Matrix I.T. Ltd.

Essence Smartcare Ltd

Kenes International Organizers Of Congresses Ltd.

Work highlights

Intellectual property > Intellectual property: disputes Tier 3

Gornitzky & Co.‘s IP team is well versed in a variety of complex, often cross-border IP litigation proceedings, with an emphasis on trademark disputes and copyright infringement proceedings. Chinese IP law specialist Ziv Rotenberg consistently represents both domestic and international companies in complex intellectual property disputes, and Anat Zehavi is recognised for her expertise in litigation and dispute resolution.

Practice head(s):

Ziv Rotenberg

Other key lawyers:

Anat Zehavi; Shirley Gal

Testimonials

‘They are extremely knowledgeable about our business. We only had to explain things once, and they understood everything. From then on, for every discussion or question, we didn’t have to waste time providing context, they simply understood everything and presented all the different legal options in a way that we could clearly understand and make a quick decision.’

‘Ziv Rotenberg is extremely kind, competent, sharp and patient. One of the easiest partners to work with.’

‘Anat Zehavi is sharp, quick, direct and organised. She is our main point of contact for everything. We really feel we are in good hands.’

Key clients

Electra Consumer Products (1951) Ltd.

Tyroler Ltd.

Promo Polo Ltd.

Keter Home and Garden Products Ltd.

Duracell Batteries BVBA

Münchener Rückvektiengesellschaft in Münchenrsicherungs- Gesellschaft A

NOAM GmbH

7 Eleven Inc.

Neuron Entrepreneurship Ltd.

Work highlights

Israel > Investment and venture capital funds Tier 3

Alongside its expertise in venture capital and private equity funds, Gornitzky & Co.‘s team displays significant experience in advising pension funds, insurance companies and high-net-worth individuals on all investment fund-related aspects. The team is jointly chaired by fund formation expert Eyal Raz and Gila Ponte-Shlush, who is regularly engaged by fund managers for her specialisation in fund formation and structuring, as well as in regulatory matters. Known for representing some of the leading institutional investors and high-net-worth individuals in Israel, Amit Ron is another name to note.

Practice head(s):

Eyal Raz; Gila Ponte Shlush

Other key lawyers:

Testimonials

‘GNY provides a true 360 degree analysis of any situation, doesn’t lose sight of the big picture. I have never worked, in my entire professional career, with people who so consistently, and without failing, give only good advice and provide an excellent work product, even when times are short and situations stressful. We couldn’t be happier to have GNY on our side.’

‘We work closely with partner Eyal Raz and private investment funds partner Gila Ponte Shlush.’

Key clients

Bridge Britain Investments Company Ltd.

Amoon Ventures

Windare Ventures

Leumi Employees’ Provident Funds

Iray Investment Ltd.

Group 11

Fattal Group

Community US Fund Management, Inc

Migdalor Alternative Products Ltd.

Tal Ventures

Catalyst Group

Keystone Reit Ltd. (TASE:KSTL)

Value Base Ltd.

Leumi Partners Ltd.

Migdal Insurance Company Ltd.

The Phoenix Insurance Company Ltd.

The Phoenix Pension and Provident Fund Ltd.

Altshuler Shaham Provident Funds and Pension Funds Ltd. (TASE: ALHE)

Clal Insurance Ltd. (TASE: CLIS)

Clal Provident Funds and Pension Funds Ltd.

Beyond Family Office

Meitav Dash Investment Ltd. (TASE:MTDS)

Menora Mivtachim Insurance Ltd.

Work highlights

  • Advised Tal Ventures on a range of matters related to its funds activities, including the formation of its venture capital fund Tal Ventures Fund II LP.
  • Represented Community US Fund GP LP with fund formation matters pertaining to the Community Fund LP.

Israel > Transport Tier 3

Gornitzky & Co.’s transport practice benefits from the firm’s close relationship with Dan Public Transportation and it provides ongoing advice to the bus company on day-to-day matters, project tenders and corporate transactions. The team also has a presence in tech-driven transport work, where it acts for start-ups and funds. Managing partner Kfir Yadgar handles a mix of contentious and corporate work and oversees the group together with transactional partner Yiftah Farber.

Practice head(s):

Kfir Yadgar; Yiftah Farber

Testimonials

‘Gornitzky’s uniqueness lies in its all-encompassing legal expertise, efficient responsiveness, and client-centric approach. Potential clients would appreciate its broad range of legal competencies, covering corporate law, litigation, and more, ensuring comprehensive solutions from a single source.’

‘Individuals at Gornitzky stand out for their unparalleled in-depth knowledge of our company. This knowledge enables them to provide tailored, strategic legal guidance that directly addresses our unique needs and challenges.’

‘Very professional with great results. We value our close relationship with the partners.’

Key clients

Dan Public Transportation Company

Eviation Aircraft

Nahor Transportation Routes

Samelet Motors

Keystone  Fund

Mobili Shamroch

Mobili Shamroch

Mobileye Vision Technologies

Electra Ltd.

Neuron Entrepreneurship

Bank Hapoalim B.M.

Ford Motor Company

Israel Railways Corporation

United Tours

Hamovil Jack Yulzari Ramla

Work highlights

  • Represented Dan Public Transportation Company (as a shareholder in TMT–TLV Metropolitan Tramway) on its successful bid for the Tel Aviv Green Line light rail Project.
  • Advised Israeli start-up, Eviation Aircraft, on various matters.
  • Advised Dan Transportation and Samelet Motors on establishing Mobilitech Capital, a fund promoting investments in early-stage tech projects in public transportation.

Dispute resolution > Dispute resolution: white-collar crime, investigation and fraud

Gornitzky & Co. ’s white-collar practice intersects criminal, administrative and compliance matters. Erez Harel is a key contact.
Photo Name Position Profile
Tamir  Dahan photo Tamir Dahan Associate
May  Dahan Estrin photo May Dahan Estrin Associate