Investment Banking

  • The firm provides strategic legal counsel and regulatory advice to international investment banks, investment houses and financial managers on all aspects of their investment business in Israel and concerning the structure and enforceability of derivative transactions.

     

    Our expertise includes advising on:

      

    • The offering, marketing and promotion of financial products, including offshore annuities, mutual funds, life policies and other sophisticated and hybrid instruments
    • The applicability of Israeli law and regulations, and the obtaining of the necessary regulatory approvals or licences for  conducting investment business or providing investment advice in Israel
    • Derivatives, including multicurrency, commodity, interest rate and credit default swaps as well as contracts for differences, repos and other forms of hedging contracts based on standard and non-standard market documentation, including the effect and validity of netting and collateral
    • Internet trading platforms for securities and forex
    • Banking regulation, including advice to foreign banks and financial institutions on Israeli laws relating to the establishment of a banking presence in Israel, and advice on the application of banking regulations to real estate, securities and other non-banking activities involved in launching branch offices and subsidiaries in Israel
    • The tax impact of financial instruments, including linked notes, receipts and mutual funds
    • The setting up and structuring of investment and mutual funds and regulatory issues arising from their formation and operation
    • Advising UBS and Bank of America on various legal aspects arising from securities offerings in Israel
    • Advising Credit Suisse, RBC Wealth Management and Millennium Management on various legal aspects arising from securities offerings and investment advice in Israel
    • Advising Merrill Lynch on various legal aspects of providing advisory and discretionary management services regarding a broad range of securities and other investment products to Israeli clients
    • Advising CitiGroup, JP Morgan, Morgan Stanley, Deutsche Bank, Goldman Sachs and Lloyds Banking Group on various legal aspects arising from investment in securities, including offers to employees and provision of investment advice in Israel
    • Advising Barclays Capital, Knight Capital Group and Swiss National Bank in connection with transactions in derivatives and other securities with Israeli entities
    • Advising AQR Capital Management, Wellington Capital Management and Davidson Kempner with regard to mandatory shareholder disclosures and Israeli regulatory reporting requirements
    • Representing Xpert Financing (a financial services investment company) in connection with its special purpose vehicle's issuance of asset backed debentures
    • Representing Paldaz Fund Management and Paldaz Investments in all their trading activities on Israeli and foreign securities markets
    • Forming trading platforms for investors to trade in derivatives and other financial instruments, including for Coral Reef Technologies Limited
    • Representing CityIndex plc in connection with the establishment of an internet trading platform
    • Representing Greenberg Leuw LP on the establishment of an offshore hedge fund and the drafting of a prospectus and private placement memorandum pursuant to Regulation S of the Exchange Act in connection with the sale of units in that fund
    • Advising Barclays Capital on Israeli securities and capital markets laws arising from Barclays Capital acting as lead book runner on equity transactions, including primary (IPO), secondary (e.g. rights issue, placing or block trades) and buy back transactions in Israel
    • Representing two major Israeli financial institutions, Bank Leumi and Bank Hapoalim, in connection with the drafting and submissions of a prospectus for TowerJazz Ltd and registration of securities held by these institutions in TowerJazz