Gissin & Co., Advocates > Tel Aviv, Israel > Firm Profile

Gissin & Co., Advocates
Habarzel 38B
TEL AVIV 6971054
Israel

Israel > Restructuring and insolvency Tier 2

Widely regarded as a go-to practice for bondholder mandates, Gissin & Co., Advocates' noteworthy recent instructions include its representation of the trustee and bondholders in Mishmeret Trust’s restructuring of debt in Israel and Cyprus. Beyond its bondholder expertise, the group acts for other creditors, shareholders and debtors in restructuring, receivership and liquidation cases. Guy Gissin brings an enviable record to bear when advising bondholders in headline debt settlements, including IDB and Africa Investments. Yael Hershkovitz's broad experience encompasses debt restructuring and cross-border insolvency proceedings.

Practice head(s):

Yael Hershkovitz

Other key lawyers:

Key clients

Be Communications Ltd.

Hermetic Trust

Reznik Paz Nevo Trusts Ltd.

Mishmeret Trust Ltd.

Bondholders of Africa Investments Ltd.

Bondholders of Brookland Upreal BVI

Bondholders of Starwood West BVI

Elag Group US 2019 bondholders

Group of Investors in All-Year

Israel > Dispute resolution: local litigation and arbitration Tier 4

Best known for its robust insolvency practice, Gissin & Co., Advocates‘ litigation prowess extends beyond bankruptcy litigation to encompass D&O claims, derivative actions and securities litigation, among other issues. Practice head Yoel Freilich maintains a broad practice, with activity in corporate disputes, derivative and class actions, and insolvency and restructuring-related matters. Guy Gissin is also a key contact.

Practice head(s):

Yoel Freilich

Other key lawyers:

Testimonials

‘Gissin’s litigation team, which is led by Yoel Freilich, is exceptionally creative, very trained and skillful. The judges pay attention and listen to them.’

‘Yoel Freilich is probably the best litigator in the corporate scene. His cross-examination skills can take water out of the rock. If you want to win the case, better have him with you.’

‘The team is highly professional and unique. Its approach is to focus on the important things and eliminate things that will not help. By focusing on the important things, and preparing the case to the court at a high level, it gave us the ability to present to the court the right evidence that led us to win the case.’

‘The lawyer Yoel Freilich was in charge of the team that handled our case. From the start, Yoel showed tremendous skills by controlling every aspect of the matter and the things that needed to be done at every stage of our lawsuit. His performance at court was extraordinary and exceptional.’

‘Innovative, creative, professional, extremely smart, reliable and decent.’

‘Yoel Freilich is an exceptional lawyer and litigator. Very clever and with vast knowledge in many areas of law. An additional fact, which is also important to mention, is that he is really nice.’

‘Professional individuals make a perfect team. Gives the client the feeling that he is in good hands. The individuals are well-trained to work together smoothly.’

‘Each individual is well-trained and is a professional in his own field. I am very satisfied working with Yoel Freilich.’

Key clients

HUB Cyber Security (Israel) Ltd

Atlas Hotels Ltd

The Sam Herzog’s Estate

HUMAVOX LTD

Afcon Holding Ltd (public company)

Mr. Shlomo Isaac (Yunet Credit, chairman of the Insurance Agents association)

Mr. Moshe Doron – Rimon Internet

Shlomo SIXT Group

Menorah Mivtachim Insurance Ltd

Max Israel Ltd

Ten Oil Co Ltd

Be Communications Ltd.

Celcom Israel Ltd.

Mr. Yoram Levinson

Peninsula Finance Ltd

Cannomed Medical Cannabis Industries Ltd

Mr. Lewis C. Pell

Layam Group

Nano x Imaging Ltd

Mr. Gil D. Blutrich

Mr. Ran Poliakine (entrepreneur, investor)

Work highlights

  • Successfully represented Medipower (Overseas) in a claim alleging the unfair pricing of an IPO.
  • Represented controlling shareholders and directors of Younet Credit after the company reported financial irregularities.
  • Successfully represented Chaim Boukay in a claim against a cellular-tech company concerning the latter’s breach of an obligation.

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

Predominantly recognised for its record in the automotive sector, Gissin & Co., Advocates also demonstrates growing activity in the securities field.

The firm: Gissin & Co was founded in 1994, and has been involved in all of the largest and most high-profile bondholder debt settlements in Israel. Adv Gissin is consistently recognised as one of the most influential Israeli lawyers in this field, personally responsible for many legal precedents.

The firm’s litigation department has extensive experience in corporate and securities disputes and it handles complex and high-profile security holder’s claims, officers and directors’ liability, shareholders disputes etc.

The firm is a pioneer in the field of Israeli cross-border restructuring and debt settlements, and was responsible for a significant legal precedent by the Israeli Supreme Court, allowing the liquidation process of a foreign company issuing bond in Israel, to be conducted in Israel. The firm was recognised as a foreign representative and conducted significant foreign proceedings in the US and Canada by virtue of Adv Gissin’s role as the Israeli court-appointed officer, including in the recent case of Urbancorp Inc., a Canadian company that issued NIS180m bonds in the Israeli Stock Exchange, and collapsed shortly thereafter.

Areas of practice
Restructuring and debt settlements: the firm is constantly rated as a top-tier firm, leading restructuring and debt settlements in Israel, and has been a key player in most of the Israeli significant bonds debt settlements during the last decade.

Commercial, corporate and securities litigation: the firm handles commercial litigation focusing on corporate and securities law, IP, corporate governance – including controlling shareholder disputes, directors and executive liability and class actions.

Insolvency – liquidations, receivership and recovery: the firm has extensive experience in receivership, liquidations, and recovery of companies in distress, as well as supporting related proceedings of insolvency, representing creditors, shareholders, banks, and corporations. The firm’s partners are frequently appointed by courts as liquidators, receivers, trustees, etc.

Commercial international transactions: the firm conducts vast international and commercial legal activity in various fields such as real estate and hi-tech. Such activity includes handling large-scale transactions such as investments, sale and finance of assets managed by the firm. Over the past year, the firm handled significant transactions in Canada, the US (New York and Tennessee), Cyprus and Netherlands and East Europe.

Class actions: the firm has extensive experience in the field of securities class actions in Israel, representing both corporations and plaintiffs. The firm has taken part in many complex and significant Israeli cases relating to the Israeli securities law and regulations.

Capital markets: the firm accompanies diversified capital markets activities on behalf of institutional investors, corporations and bond trustees. The firm provides counsel on securities law and regulations, corporate governance issues, controlling shareholders transactions, officers’ liability etc. The firm was appointed in 2015 as joint supervisor of Delek Drillings – Limited Partnership, the largest Israeli gas partnership.

Corporate finance: the firm has extensive experience in various corporate finance transactions such as credit facilities, loans, guarantees, syndication agreements, factoring etc. The firm has special expertise in advising foreign and Israeli clients regarding the regulatory aspects of the securities structure and the creation, registration and enforcement of securities in Israel.

The firm is in the forefront of those legal fields and recognised for its creative legal activities, initiating and obtaining legal precedents.

The firm’s clients include trustees of bondholders, leading institutional investors, public and private companies, and international hedge funds.

Department Name Email Telephone
Restructuring and debt settlements Guy Gissin
Restructuring and debt settlements Yael Hershkovitz
Commercial, corporate and securities litigation Yoel Freilich
Commercial, corporate and securities litigation Tzvi Valach
Insolvency (liquidations, receivership and recovery) Guy Gissin
Class actions Yoel Freilich
Class actions Tzvi Valach
Commercial international transactions Guy Gissin
Commercial international transactions Yael Hershkovitz
Capital markets Guy Gissin
Capital markets Yael Hershkovitz
Corporate finance Yael Hershkovitz
Photo Name Position Profile
Yoel Freilich photo Yoel Freilich Senior Partner, Head of the Litigation Department. 
Guy Gissin photo Guy Gissin Founder and Managing Partner.Major (res.), at the Israeli Navy, was a partner…
Yael Hershkovitz photo Yael Hershkovitz Senior Partner, Head of the Restructuring, Corporate and Finance Department
Number of lawyers : 15
English
Hebrew