Banking and finance

Goldfarb Gross Seligman & Co.

Goldfarb Gross Seligman & Co. acts for a solid client base encompassing banks, credit enhancers, lenders and borrowers, as well as non-bank financial entities seeking advice on a range of finance and banking transactions at both a local and international level. The team is jointly led by Ariel Rosenberg, who notably focuses on financing projects in the energy, infrastructure, and real estate sectors; and Ofer Hanoh, who is an expert in financial regulation. Ran Ben-Ari advises on the regulatory implications of activities in the Israeli financial markets, while Ido Amir is particularly active in the field of digital banking. Capital markets and financial regulation expert Roy Reiss is highly praised by clients.

Legal 500 Editorial commentary

Testimonials

Collated independently by Legal 500 research team.

'Extensive experience and knowledge of financial rules and regulations. In-depth knowledge of the Israeli financial market - legal knowledge combined with a deep understanding of business. Unique legal approach that allows the firm to consult clients on the legal and business consequences of their decisions.'
'Goldfarb Gross Seligman stands out as an exceptional partner for fintech-payment companies that operate in the area of banking regulation. Our experience working closely with their team on various aspects of our business has been first-rate. The team has extensive experience in fintech and banking regulation, as well as a broad understanding of the nuances of the industry, enabling them to provide tailored solutions to meet our specific needs, especially with regard to navigating complex regulatory frameworks.'
'Goldfarb Gross Seligman's unique strengths lie in its unparalleled fintech and banking regulatory expertise, creative problem-solving skills and deep commitment to understanding and aligning with clients' business objectives.'
'Ido Amir is undeniably the most professional and knowledgeable payment lawyer in the market, and he is also an incredibly creative thinker. He is an invaluable asset to any fintech firm and a primary reason why our firm chose Goldfarb Gross Seligman as our primary legal adviser. He possesses a unique combination of legal knowledge and a business-oriented approach that truly sets him apart.'
'Roy Reiss is our trusted go-to expert. His professionalism and extensive banking industry knowledge are truly exceptional. He possesses a deep understanding of industry regulations and best practices, which allows him to provide practical and tailored advice perfectly suited to our unique circumstances. His responsiveness is impeccable, consistently delivering timely and comprehensive responses to our inquiries. We consider ourselves fortunate to have him as our adviser.'
'Ariel Rosenberg is an amazing lawyer, he is a true expert when it comes to all aspects of financing, particularly unique financing models and tech. He has unmatched expertise in financial regulation, and is at the forefront of legal innovation, paving the way for new, creative financing that is not directly addressed by current regulations. Ariel is an invaluable asset for anyone seeking to introduce new financial technologies or finance solutions to the Israeli market.'

Key clients

FIBI- First International Bank of Israel
Bank Hapoalim
Bank Leumi le Israel B.M.
Mizrahi Tefahot Bank Ltd.
Israel Discount Bank Ltd.
Discount Capital Ltd.
UBS AG
Goldman Sachs
JP Morgan
Credit Suisse
Citigroup
HSBC
Deutsche Bank
Bank of America Merrill Lynch
The Association of Banks in Israel
Clal Insurance group
Edmond De Rothschild Bank, Edmond De Rothschild Bank (Israel)
Phoenix Insurance Group
AIG Israel
Gilad Pension Fund
IBI Investment House
The Arison Group
Arison Investments Ltd.
Menora Insurance Group
Excellence Nessuah Investments House
Amitim
The Phoenix Insurance Company Ltd.
Altshuler Shaham Ltd.
Menora Mivtachim Holdings Ltd.
Migdal Insurance & Financial Holdings Ltd.
RiseUp
Paz Oil Group
Shikun & Binui
Poalim Equity / Poalim ventures
The Investment Houses Association
Bank of Montreal (BMO)
Nuvei Corporation
More Investments; More Provident Funds Ltd.
Partner Communication Ltd.
Aura Investments
Hever Soldiers and Veterans Ltd.
Harel Insurance Group
Bank Massad
Leumi Partners
Adani Group
Gadot Chemicals Terminals (1985) Ltd.
Rapac Energy Ltd.
Insightec Ltd.
Elco Ltd.
MGG GP
SBges EPC JV
Pagaya Investment Israel Ltd.
Canada Israel Group
Israel Canada (T.R) Ltd.
Israel Aerospace Industries Ltd. (IAI)
Israel Canada Hotels Ltd. (ICH)
ICR - Israel Canada Rem Residence (formerly Minrav Projects Ltd.)
B.S.R. Group
Shufersal Ltd.
Virtu Financial Inc.
The Shlomo Group
Keshet Broadcasting (Keshet 12)
Negev Natural Gas Ltd.
Darom Natural Gas Ltd.
Lahav Fund Two, Limited Partnership
Elron Electronic Industries
Cointree
Arbel Fund
SigmaTek
Satixfy Communication Ltd.
Nuvei Inc.
Strauss Group
PayBox
Opal Balance Investments Ltd.
Torchlight Investors LLC.
Tiedemann Advisors, LLC.
Harris Associates
Bergos Bank
Shapir Civil and Marine Engineering Ltd.
Champion Motors Ltd.
The Gindi Group
Z.M.H Hammerman Ltd.
Yuka Park
Leopard Group
Asia-Hadera-Israel Ltd.
Acro Real Estate Group
Shani Shenhav Ltd.
Lumenis Ltd.
Credit Shop Ltd.
Harel Information Technologies Ltd.
Tadbik Ltd.
OMNIQ Corp.
Isracard Group

Work highlights

Advised India based Adani Group and Israeli company Gadot Chemicals Terminals (1985) Ltd. in all financing aspects of their NIS4bn purchase of Haifa Port.
Advised Arison Holdings on the decentralisation process of Bank HaPoalim's control.
Advised Discount Bank on a transaction with fintech company Ezbob for the establishment of a company that will digitally extend credit to retail customers and SMBs, using Ezbob's technology.