Insolvency and Corporate Rehabilitation

Insolvency and corporate rehabilitation are among the core practice areas of the firm

We accompany complex credit crises from a legal, business and strategic perspective alike. Representation in insolvency proceedings is not limited to managing a legal process, but requires a deep understanding of interests, incentives and patterns of decision-making under conditions of pressure and uncertainty.

The firm accompanies debtors, creditors, shareholders and officers, in Israel and abroad, at all stages of dealing with financial distress – from the early stage of identifying difficulties, through the formulation of rehabilitation plans and creditor arrangements, and up to the management of restructuring proceedings, or, where necessary, liquidation and receivership. In every case we examine not only the legal framework, but also the dynamics between the stakeholders, the balance of power and the business risks involved in every decision.

The firm’s uniqueness lies in the combination of legal expertise and broad practical experience in insolvency proceedings, together with financial and accounting understanding, which enables an informed analysis of complex situations and the management of actions aimed at maximizing value and minimizing damage. This approach is reflected in the management of negotiations for debt arrangements, in dealing with the personal liability of officers, and in building solutions suited to the human and business reality in which the client operates.

Within this practice, the firm provides,
inter alia, the following services:

Advising shareholders and officers in dealing with difficulties within the company and financial distress
Formulation and accompaniment of rehabilitation plans and creditor arrangements
Representation of companies in applications for an order to open proceedings and in economic rehabilitation proceedings
Representation of creditors in insolvency proceedings and in complex collection proceedings
Representation of shareholders and officers in dealing with guarantees and personal liability
Representation of commercial entities in the acquisition of companies or activities במסגרת insolvency proceedings
Representation of officers vis-à-vis office holders and stakeholders in the proceeding
Protection of assets and economic interests in insolvency proceedings

The firm does not engage in the management of insolvency proceedings as a technical action alone, but in legal and strategic guidance of complex credit crises, in which discretion, planning and understanding of people are no less important than the law itself.