Herzog Fox & Neeman
herzoglaw.co.ilherzoglaw.co.ilLawyers
Alan Sacks
- Phone+972 3 692 2072
- Email[email protected]
- Profileherzoglaw.co.il
Work Department
Banking & FinanceBanking RegulationCorporateInsolvency & RestructuringMergers & Acquisitions
Position
Of Counsel
Career
Alan arrived in Israel shortly after qualifying as a Solicitor in England. Since then has divided his practice between the areas of corporate law and banking and finance.
In the area of M&A, Alan has been responsible for some of the largest and most significant transactions in Israel. Notable transactions include representing the Bronfman Group in its acquisition and subsequent disposal of Koor Industries Ltd (which was Israel’s largest industrial conglomerate at the time); representing the Safra family of Brazil in their sale of a controlling interest in First International Bank and Cellcom Israel Ltd, Israel’s largest cellular telephone operator; representing the Hutchison Group of Hong Kong in its disposal of a controlling interest in Partner Communications Company Ltd; representing the Cerberus Group in its successful acquisition of a potential controlling block of shares in Bank Leumi L’Israel BM from the State of Israel; representing First International Bank in its acquisition of Investec Bank (now rebranded as UBank).
In the Banking and Finance sector, Alan’s cross-border expertise, as well as his familiarity with all aspects of banking regulation, have made him the leading practitioner in the international banking arena on all aspects of banking activity, including regulatory and licensing issues, syndicated cross-border lending, corporate finance, derivatives and other financial instruments and aircraft finance.
Alan has represented almost all of the major international financial institutions active in Israel. As part of this work, Alan represented a consortium of 26 international banks in the restructuring of the indebtedness of Koor Industries Ltd, Israel’s largest debt “workout” to date. Alan has also acted on numerous occasions for Citibank, HSBC, Deutsche Bank, Barclays Capital, RBS, Goldman Sachs, Credit Suisse and Ex-Im Bank, as well as Israel’s major banks in their international financing transactions.
Alan’s expertise in both the area of M&A and the banking sector have resulted in his having been involved in all major bank acquisitions in Israel over the last two decades.
Languages
Hebrew, English
Memberships
Israel, 1985 England, 1981
Education
University of Cambridge, England, MA (Law); University of London, England, LL.M