The ‘highly professional and service-oriented’ team at Erdinast, Ben Nathan, Toledano & Co maintains a robust restructuring and insolvency practice, with demonstrable experience advising on bondholder mandates concerning distressed companies. ’Extremely smart, hardworking, and tenacious negotiators’ Alon Binyamini and Raanan Kalir jointly lead the team; Binyamini focuses on creditors’ arrangements and insolvency mandates, in addition to directors’ and officers’ liability issues, while Kalir is routinely appointed by courts, serving as special manager, liquidator receiver or trustee. Other key contacts in the group include associates Tomer Shaked and Yarden Rosenbush.

Legal 500 Editorial commentary

Testimonials

Collated independently by Legal 500 research team.

  • ‘Highly professional and service-oriented.’

  • ‘Super smart, creative and detailed-oriented.’

  • ‘Raanan Kalir and Alon Binyamini are a great team, work extremely hard and are very effective in achieving results for their clients.’

  • ‘Raanan Kalir and Alon Binyamini are extremely smart, hardworking and tenacious negotiators, and very effective in achieving positive results for their clients.’

Key clients

  • Holders of Delek Debentures
  • Holders of Israel Petrochemical Enterprises Debentures (TASE: PTCH)
  • bondholders of Hertz Properties Group Limited
  • Holders of IDB Development Ltd. Debentures
  • Alon Blue Square (TASE: BSI)
  • Holders of Altitude Debentures
  • Gibui Holdings Ltd (TASE: Gibui)
  • Extra Development and Entrepreneurship
  • Directors of Brookland Upreal Limited
  • The creditors of the “Malrag” company through Adv. Raanan Kalir as a position appointed to the Company
  • NSO Group Technologies
  • Holders of Arazim Investments Ltd. Debentures
  • “Excellence” Investment House (subsidiary of Phoenix)
  • Series M bondholders of Sunny Cellular Communications Inc.
  • Apex Issuances Ltd.
  • I G Investech Technologies Ltd.
  • Liquidator of BSR Europe Ltd.
  • Matis Capital Ltd.
  • Bondholders of Tao Yields Ltd.
  • Or Yehuda College
  • Ariz Marking and Packing Solutions Ltd.
  • More Investment House Ltd.
  • Bull Trading and Investment Ltd. (TASE: BULL)

Work highlights

  • Representing NSO Group Technologies in its debt restructuring.
  • Represented the bondholders of 4 different series of Israel Petrochemical Enterprises with a total debt of approximately NIS1.5bn.
  • Acted as trustee for Gibui Holdings Ltd., a public company engaged in providing non-bank credit, after it collapsed.

Lawyers

Leading partners
The strongest partners in their field, leading on market-leading deals and endorsed by peers and clients alike.

Practice head

The lawyer(s) leading their teams.

Alon Binyamini, Raanan Kalir

Other key lawyers

Tomer Shaked, Yarden Rosenbush