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.
The firm represents all players in the insolvency arena: companies in applications for an order to open proceedings and in economic rehabilitation proceedings, shareholders and officers dealing with financial distress, guarantees and personal liability, creditors in insolvency proceedings and in complex collection proceedings, and commercial entities acquiring companies or activities within insolvency proceedings.
Alongside these, the firm formulates and accompanies rehabilitation plans and creditor arrangements, represents officers vis-à-vis office holders and stakeholders in the proceeding, and protects assets and economic interests throughout.
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.