Insolvency Proceedings

ABOUT THE PRACTICE

Our firm possesses specific expertise and extensive experience in consulting and supporting companies experiencing difficulties while formulating and implementing business recovery plans and compositions with creditors (with a particular emphasis on arrangements with banks and various tax authorities). As is well known in professional circles, the new Insolvency Law provides for a wide range of arrangements and assistance to companies and individuals experiencing difficulties with a view to attaining the overall goals of rehabilitating the company or the individual’s business.

In addition, our firm possesses extensive experience in managing insolvency proceedings in courts, including as trustees, special directors, and receivers in companies experiencing various stages of insolvency.

Our partners have recently acted in the capacity of, among others, receivers, trustees, liquidators, and special directors in a number of complex cases.

In addition, our firm represents creditors and stakeholders in the management of proceedings related to companies experiencing insolvency proceedings, such as the filing of lawsuits or the issuance of demands to appointed officers or the defense of firm clients against proceedings initiated by appointed officers.

Our firm possesses several decades of experience and professional know-how in the management of complex cases pertaining to Israeli insolvency legislation, which have imbued us with an incredible reputation in the field. The extensive experience of our firm’s attorneys, which cumulatively amounts to several decades of handling a variety of insolvency proceedings and of representing companies and creditors, provides the firm with a wide-ranging, comprehensive, and unique outlook on the field of insolvency and debt arrangements. This wide-ranging outlook, along with our capacity to understand either party’s arguments, allows our firm to lead its clients to success and to conclude proceedings in a prompt and efficient fashion.