Corporate Recovery and Insolvency

The firm possesses unique expertise regarding corporate recovery and insolvency. Our professional teams provide ongoing legal counsel to clients regarding all aspects of the field, including corporate recovery, liquidations, receiverships and debt settlements. Our firm advises various proceedings in the field, including some of the most complex proceedings and settlements in Israel.

In this capacity, the firm handles voluntary and court mandated liquidations; receivership proceedings on behalf of banks and secured creditors; creditors’ agreements; stay of proceedings; and more. The extensive experience, together with the significant, long term work relations with the key entities in the field – as well as relevant regulatory entities, enable our professional teams to offer comprehensive and creative services covering commercial and legal aspects at any stage and at various levels of complexity.

Our professional teams serve as trustees in stay of proceedings and creditor agreements, as well as receivers and special managers for companies operating in Israel and across the globe. In light of their experience in the field, they are often appointed by the court to various roles in insolvency proceedings, including conducting economic investigations and investigative overview for the courts and other parties, providing financial and operational services to court appointed officials, and more.

In addition, our firm provides ongoing counsel to corporations and individuals in corporate recovery and economic rehabilitation proceedings. In this capacity, our professional teams perform a Financial Statement Analysis for the company, weighing various related data. Our professional teams tailor rehabilitation and recovery plans to each company according to its unique analysis, while examining financing aspects, streamlining options and company operations, and providing ongoing counsel throughout the implementation of the recovery plans.

The firm also acquired unique expertise in the representation of directors and executives in legal proceedings stemming from insolvency and debt settlements. Our professional teams regularly advise boards of directors as the decision-making entities in relation to these matters, and represent boards of directors, as a single entity or as individuals, in personal claims and investigations brought against company executives as part of these proceedings, among others under clauses 373 and 374 of the Companies Ordinance.

Our firm advises on corporate recovery, liquidations, receiverships and debt settlements of companies and groups operating in a broad array of sectors. Among our clients in this field are local and international corporations, private and public companies, shareholders, creditors, directors, and others.