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Insolvency and Creditors’ Rights

Our Insolvency and Creditors’ Rights practice, includes the representation of creditors and debtors, both in Israel and abroad, on corporate and individual recovery proceedings, liquidations, receiverships, and bankruptcy matters.

The leader of our firm's Insolvency and Creditors’ Rights practice, Adv. Achiad Harel has been appointed as a court representative in various insolvency cases in the past and has played a key role in some of the most influential cases of Israel's economy.

Among other things, our Insolvency and Creditors’ Rights practice is unique in our ability to provide clients with a wide range of services, which includes not only first-class legal advice, but also technological and financial understanding that is necessary in the context of financial recovery and handling credit crises as well as the realization of certain assets in a way that would yield the best possible returns in these complex and dire scenarios.

We proudly provide advice and counsel in connection with the following matters:

⫸ Representation of creditors, both secured and unsecured, in defending their rights and debts in cases of insolvency and bankruptcy situations and proceedings.

⫸ Serving as appointed personnel (liquidators, receivers or trustees in stays of proceedings) in a vast array of cases of insolvency.

⫸ Negotiation and facilitation of voluntary creditor arrangements for debtors and creditors intended to prevent a state of insolvency.

We have been recently involved in various matters in the field such as:

⫸ Representation of a cannabis holding company in an application for certification of a debt settlement;

⫸ Representation of the Yedid Association - Association for Community Empowerment in filing for liquidation;

⫸ Appointment as the company liquidator of Parking Kit Automatic Parking Lots Ltd. (in liquidation);

⫸ Appointment as special administrator of Artbit Ltd.;

⫸ Appointment as special administrator of Perspectivo Networks Ltd.;

⫸ Appointment as the trustee in the process of a stay of proceedings and as the company liquidator of Woody Tech Ltd.;

⫸ Appointment as the company liquidator of Intelescope Solutions Ltd. (appointment as a liquidator);

⫸ Smart Biotech Ltd. (appointment as liquidator);

⫸ Representation of a foreign company in the insolvency proceedings of IGM Investments Ltd. (in liquidation);

Key Practitioners:

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