Banking and Finance

Our firm possesses significant expertise in the banking and finance field. The knowledge and experience accumulated by our attorneys in the field is unique in the Israeli market, and is based on advising clients on particularly complex finance transactions that require a deep knowledge of regulation, financing models and commercial law.

Our experience of acting for lenders, including banks and other financial entities, as well as credit enhancers and borrowers enables us to anticipate and address the needs and objectives of all parties to a transaction. Our attorneys advise prominent clients from ‘both sides of the table’. On the one hand, our legal teams advise financial institutions, including foreign banks, domestic banks, credit card companies, insurance companies and other non-bank financial entities. On the other hand, our attorneys represent the largest and leading concerns in the Israeli market in connection with their ongoing activities that involve domestic and foreign banks.

In addition, the firm provides comprehensive counsel regarding ongoing banking activity and provides legal services relating to complex aspects of banking law. The attorneys advise on transactions involving all types of guaranteed credit; handle the regulation and licensing of financial activities; advise on financial derivative transactions and on large-scale international finance transactions secured by foreign securities; advise financial institutions on providing global services in the securities market field (custody, brokerage, etc.); and provide legal counsel regarding the credit cards field, payment systems and clearing charges, as well as network based financial services.

Goldfarb Seligman’s legal teams provide extensive legal counsel and advice, from the formation stage of financial institutions and receipt of the approvals and permits required for the operation thereof, through the provision of legal counsel in many areas of their operations, to representation in legal proceedings and class actions. Among others, our attorneys represent clients in mergers and acquisitions, structural changes, commercial agreements, and investments, and advise on matters relating to corporate governance, regulation and enforcement, taxation, creation of new insurance products and assistance in the process of obtaining approvals for such products vis-à-vis the Capital Market, Insurance and Saving Authority. Our legal teams provide ongoing commercial counsel to the various business divisions of financial institutions as well.

Among our clients in this field are some of Israel’s largest banks, insurance companies and credit card companies; Israel’s largest business groups and corporations; international banks and financial institutions; and others.

"Prominent full-service firm with an impressive roster of local and international clients in the financial sector."

Chambers & Partners | 2020

"Houses a solid lender-side practice, which has recently secured mandates from major domestic and global financial institutions and alternative lenders."

The Legal 500 | 2020

"Goldfarb Seligman & Co. has experience advising non-traditional lenders and multinational banks on various financing transactions, but has unique expertise in debit and prepaid card regulation and fintech."

The Legal 500 | 2018

"Advises leading international banks on a wide range of equity and debt offerings."

The Legal 500 | 2017

"Represents excellent value for money on complex transactions and assignments."

The Legal 500 | 2016

Representative Work

Credit Suisse

Establishing Credit-Suisse's activity in Israel, and continuing to provide ongoing counsel regarding its activities in Israel since.

A Consortium of Banks & Financial Institutions - A Well-known Private Corporation
1B ILS

Representing a well-known private corporation in a 1 billion ILS financing agreement vis-à-vis a consortium of banks & financial institutions.

Shufersal Ltd.
2B ILS

Representing Shufersal in the re-organization and splitting of the Shufersal Group's real estate division, in a transaction valued at approximately 2 billion ILS.