The banking sector has dominated the headlines this past few weeks following the collapse of Silicon Valley Bank, which saw reassurances from President Biden, HSBC buy the UK arm of the collapsed bank, and Israeli officials and law firms reassure start-ups concerned by their exposure to SVB. Recently, Swiss USB bought Credit Suisse, the second [...]
Much has been written about Israel’s growing trade with the Gulf States following the signing of the Abraham Accords in 2020, but next door Cyprus has been moving along steadily for some time. In the February edition of IsraelDesks magazine, we shine a light on Israel’s growing relationship with its neighbor Cyprus. We catch up [...]
International Women's Day is about gender equality and celebrates the social, economic, cultural, and political achievements of women. The legal sector in Israel is fairly equal, with 47 per cent of female lawyers. However, crucially, only 25 per cent of ranked individuals in the international legal rankings guides are female - 2 per cent more [...]
Foodtech is expected to be among Israel’s top economic priorities earmarked for more funding over the next five years, according to the Government, and the reasons aren’t hard to see why. The threat to food supplies from the ongoing war in Ukraine, the nagging logistical challenges since the outbreak of COVID-19, and the huge contribution [...]
Chambers released the 2023 rankings for Israel. This year we saw 53 movements in the tables (35 of which improvements) and 99 changes in the individual rankings. Restructuring saw most of the changes, with 9 firms climbing in the rankings (3 of them to Band 1), followed by the fairly recent new practices - startups and IP & Data [...]
As the world confronts the ongoing war in Ukraine, the contribution of food production towards greenhouse gas emissions, and the logistical challenges that have persisted since the outbreak of Covid, we take a deep dive into the Foodtech and AgTech landscape. In the latest edition of IsraelDesks magazine, a range of domestic and international law firms talk to us on the [...]
It has been a decade since international law firms ventured into Israel. Now, with the number of Israel Desks double - 160, we recap recent trends leading to this.Naschitz, Brandes, Amir & Co. represented Infinya in its acquisition by Veridis Environment and Israel Infrastructure Fund for NIS 2.37 billion in a reverse triangular merger transaction. Herzog acted [...]
Ten years have passed since Israeli legislation first allowed law firms that specialize in the law of a foreign country to open in Israel. In an article featured in Israeli financial paper “Globes”, on the third anniversary of the legislation, it was said that “one can hardly say that the large international law firms have [...]
A number of flagship transactions took place, including the first international bonds offering for Israel Discount Bank as it issued USD 800 million in senior bonds, with Meitar and Davis Polk & Wardwel acting for the bank, Herzog (local counsel), and Cleary Gottlieb Steen & Hamilton LL (international counsel) for the underwriters, and Israeli fintech company PayEm raised USD 200 [...]
Chambers made an important announcement earlier this month, pertaining to the Israel rankings, that their research would now cover Corporate/M&A: Technology. This is not the first sub-table for this practice area. Keen observers will have noticed yet another sub-table – Corporate/M&A: Fund Formation [and for firms not based in Israel, there is Corporate/M&A: International Firms (Experts [...]
