Insolvency

Insolvency is a special area of expertise of our firm, and our firm's staff is considered one of the most knowledgeable and skilled in this area of expertise.

Our firm represents and provides ongoing support and advice to both creditors and debtors, in Israel and abroad, in corporate recovery proceedings, liquidations, receiverships, and economic rehabilitation (bankruptcy) proceedings.

The firm has also played a central role in several of the most significant cases handled in the Israeli economy, including the collapse of the Heftsiba Group, the liquidation of Tadiran Telecom, the liquidation of Agrexco Agricultural Export Company Ltd., the collapse of the Inbal Or Group, and others.

Among the services we provide to our clients in this field are:

• Advising shareholders and officers upon a company’s entry into financial distress

• Formulating corporate recovery and restructuring plans

• Assisting shareholders and officers in negotiating and structuring creditors’ arrangements

• Representing companies in applications for the commencement of insolvency proceedings

• Representing commercial entities in the acquisition of insolvent companies (or the acquisition of their business operations)

• Representing officers in proceedings vis-à-vis insolvency officeholders

• Representing shareholders in personal insolvency proceedings

• Representing creditors in complex debt collection proceedings

• Asset protection in insolvency proceedings

One of our firm’s distinguishing features is its ability to provide clients with a comprehensive, holistic service package that includes not only top-tier legal advice but also financial and accounting expertise—an essential component in situations involving financial rehabilitation and credit crises.