The commercial, financial and regulatory challenges facing lenders demands a wealth of banking and finance experience in an ever-changing sector. As one of the most prolific law firms in Israel, Lipa Meir & Co.’s Banking & Finance Department stands out for our central role for the country’s leading banking institutions, insurance companies, investment houses and other financial institutions, as well as borrowers, in large and complex financial transactions.
Headed by Yariv Shalom, the Banking and Finance Department has been an instrumental player in the field of financing, representing leading Israeli lending institutions in financings totalling
billions of NIS. As such, we attract a loyal following of the most prominent players, including Bank Leumi, Bank Hapoalim, Bank Mizrahi-Tefahot, Discount Bank and others, as well as most of the country’s insurance groups – Harel, Migdal, Clal and Menora. We also represent some of the most active public and private companies operating in Israel and around the world that require large-scale credit facilities.
Our cradle-to-grave services, include, inter alia, providing legal and commercial advice with regards to complex and syndicated loans, and have recently handled some of the largest syndication transactions in the market. Among many matters running into billions of NIS, we advised on a NIS 2.5 billion transaction in which 11 financial entities provided a loan to the borrower. We also advise on syndication agreements; debt restructuring; project finance and support, including project finance for real estate projects and purchasing groups; and complex litigation.
Clients benefit from our unique experience of True Sale Opinions in respect of the sale of rights in discount transactions backed by credit insurance. These require familiarity and knowledge in the areas of finance, accounting, assignment of charges, and likewise in insolvency law. We also provide advice in relation to credit insurance itself, a necessary product in factoring and financing transactions and a unique practice of the firm.
Due to the high level of complexity in these, and other issues, we are widely recognized as a law firm of choice for an extremely diverse roster seeking the most cutting edge advice.