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

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

Israel > Restructuring and insolvency Tier 2

Gissin & Co., Advocates has a strong reputation for its bondholder work and recently secured bondholder roles in a series of high-profile restructurings, including Africa Investments, Starwood West BVI and Brookland Upreal BVI. The firm also routinely represents other creditors, banks, shareholders and debtors in corporate recovery, receivership and liquidation proceedings. Guy Gissin is sought after for his specialist bondholder expertise and acted as the foreign representative in Canada-based Urbancorp’s cross-border restructuring. Yael Hershkovitz is also noted for her experience in debt settlements and international restructuring and insolvency cases.

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

Work highlights

  • Acted as court-appointed trustee to Mishmeret regarding the company’s financial difficulties and breach of its undertaking under the deed of trust.
  • Represented a group of investors (Churchill Real Estate Holdings LLC and Graph Group) in their bid for the entire shareholding of All Year.
  • Represented B-Communication in a sale of control and debt settlement with its bondholders and shareholders.

Israel > Dispute resolution: local litigation and arbitration Tier 5

Yoel Freilich heads up the practice at litigation boutique Gissin & Co., Advocates, which is prominent in high-profile and complex company control disputes, executive liability matters, derivative actions and corporate insolvencies. In a recent highlight, Yoel Freilich and Guy Gissin acted for the liquidator of Joulex in a liability claim against the company's officer and directors over the collapse of the company. Freilich regularly advocates in domestic courts, in addition to undertaking cross-border arbitration and mediation.

Practice head(s):

Yoel Freilich

Other key lawyers:

Testimonials

‘The firm has extensive knowledge in the field of litigation led by the best lawyers including Yoel Freilich. Yoel has full control over the law and case law and innovative and creative thinking.’

‘The firm has quality human capital which includes the best lawyers, including Yoel Freilich and Guy Gissin. Yoel and Guy have full control over the law and case law, innovative and creative thinking and excellent tenacity in tight schedules.’

‘Professional individuals make a perfect team. Giving the client a 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

Shlomo SIXT Group

Menorah Mivtachim Insurance Ltd

Max Israel Ltd

Ten Oil Co Ltd

Be Communications Ltd.

Celcom Israel Ltd.

Mafat 1965 (1987) Ltd.

Yafo-Tel-Aviv 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

Work highlights

  • Representing Celcom, the largest cellular operator in Israel, in a strategic dispute concerning the Israeli cellular market with a fiscal value of 1 Billion NIS.
  • Representing the publicly traded Medipower in court, regarding the issue of fair pricing in public offering.
  • Representing the national oil company Ten in a dispute against Paz Energy.

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

Gissin & Co., Advocates handles class actions in the automotive sector as well as derivatives claims.

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.

DepartmentNameEmailTelephone
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
PhotoNamePositionProfile
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 Partner, Head of the Corporate and Finance Department
Tzvi Vallach  photo Tzvi Vallach Litigation Partner
Number of lawyers : 15
English
Hebrew