Described by Chambers Global as being "the jewel in the crown of Israeli legal services", we have been providing specialist in-depth expertise to the banking sector for over 50 years. We are unique in Israel in having unrivalled depth and breadth of expertise on the full spectrum of non-contentious, regulatory and contentious issues that face the banking industry, including those relating to financings, insolvency and reconstruction, regulatory matters, setting up of local offices and subsidiaries for international banks and banking litigation. Our expertise in the field is recognised by the legal directories which have consistently ranked us in the top tier for our work in the banking sector.
We offer an integrated, multidisciplinary team that draws on our firm’s internationally recognised banking and finance, dispute resolution, regulatory, insurance, derivatives, and tax lawyers. Our team has an outstanding record in providing practical and focused solutions to the banking industry.
Our clients include the leading international and local banks, investment banks, hedge funds, financial institutions, insurance companies, export credit agencies, mezzanine funds, credit card companies and corporate borrowers.
Our services to the banking sector include:
- Advising on financings; we pioneered the legal structure of secured syndicated financing in Israel. Our team has an unrivalled reputation for acting on local and cross-border secured and unsecured corporate, acquisition, leveraged and structured finance, working capital and equipment purchasing facilities
- Advising on regulatory matters, in particular obtaining the necessary licences from the Bank of Israel for the setting up of local branches or subsidiaries of international banks as well as obtaining control permits for the acquisition of significant or controlling interests in banking corporations
- Banking and finance litigation. We have significant practical experience advising on disputes arising from the recent global financial crisis as well as class actions, non-performing loans, banking and securities fraud, money laundering, disputes involving derivatives and regulatory investigations
- Corporate recovery and insolvency; we have acted on Israel's largest disposal approved by way of a court-sanctioned creditor arrangement, we are acting for one of the major secured creditors in Israel's largest corporate rehabilitation process (Israel's equivalent of Chapter 11 proceedings), we have acted as receiver on Israel's largest (in value) receivership and we regularly act for a large number of banks on major insolvency proceedings