Banking and finance

Gornitzky & Co.

Gornitzky & Co. has significant expertise in cross-border finance transactions, handling both outbound export finance and inbound financings. The firm acts for all six of Israel’s largest banks, as well as a wide range of non-bank institutional lenders and borrowers, advising on transactional and regulatory banking and finance matters. These include acquisition finance, margin loans, real estate financings, export finance, and credit risk mitigation. Practice head Eli Elya frequently oversees domestic and cross-border transactions involving secured bilateral and syndicated loans, acquisition finance, real estate and asset finance. Inbal Badner and Idan Baki are also well-versed in these areas, while Dubi Gross is recognised for his expertise in cross-border inbound secured financings. Ori Yitzhak specialises in credit transactions and regulatory matters. Additional key contacts include financial regulation expert Elite Elkon and Hana Atias, who focuses on secured syndicated loans, real estate, and project financing.

Legal 500 Editorial commentary

Testimonials

Collated independently by Legal 500 research team.

'The team is highly responsive and helpful. Through our long relationship with them, they demonstrated high business acumen.'
'Eli Elya is a great partner. Hana Atias is an excellent lawyer, who brings a lot of added value into the process.'
'One of the best banking offices in the country.'
'Eli Elya and Inbal Badner demonstrate deep understanding in legal and commercial related matters, and able to provide the precise legal solutions in complex negotiations.'
'Eli Elya and Inbal Badner stand out for their ability to connect the dots and provide sophisticated solutions into complex legal agreements in this field of financial infrastructure for real estate projects.'
'Deep experience supporting clients in banking and capital markets. Close and strong relationships with regulators and authorities. Excellent access, quick responses and personalised service. '
'Elite Elkon knows our business well and provides bespoke advice based on a genuine deep understanding of the local market, regulatory priorities and the needs of a large multinational corporation. Elite is accessible and always gets back to us quickly.'
'Dubi Gross always impresses me with his thoughtfulness and creativity.'

Key clients

HSBC Bank plc (Israel Branch)
Bank Hapoalim
Mizrahi Tefahot Bank
Leumi Bank
Bank of Jerusalem
Altshuler Shaham Investment House Ltd.
Harel Pension and Provident Funds Ltd.
Deutsche Bank AG
Meitav Dash Provident and Pension Funds Ltd.
Phoenix Insurance Company Ltd.
Israel Discount Bank, Ltd.
Clal Insurance Company Ltd. and affiliates
Scintilla Fund LP
Harel Insurance Company
Leumi Partners Ltd.
Extra Public Transportation Ltd
Bain Capital Credit, LP
Menora Mivtachim Group.
Bridgepoint
Fortress Credit CORP
Yesodot Group

Work highlights

Advised BC Partners / Keter Plastic on the landmark restructuring of its EUR 1.3 billion acquisition debt, the first restructuring ever of an Israeli acquisition financing.
Advised Mizrahi Bank as arranger in the multi-billion financing of a portfolio of 35 photovoltaic power facilities for major renewables developer Doral Group Renewable Energy Resources Ltd.
Advised Bank Leumi in a transaction with Canada Life, a leading international reinsurer for transferring credit risk of a multi-billion mortgage loan portfolio.