Middle East - Israel

Goldfarb Gross Seligman & Co.

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Goldfarb Gross Seligman & Co. acts as receiver, liquidator and trustee in insolvency and debt settlement proceedings, and counts issuing companies, trustees of debenture holders and debenture holders, shareholders, investors, directors and executives among its roster of clients. Senior counsel David Hahn acts for clients in insolvency and corporate recovery proceedings, while Aaron Michaeli frequently represents senior officials in debt settlements and insolvency cases, particularly in related litigation proceedings. Other key contacts in the group include Aya Yoffe, and Hagit Blaiberg, who acts for domestic corporations and financial institutions as creditors in insolvency cases. Asher Engelman left the firm in September 2022 to become the Official Receiver of the Israel Justice Ministry.

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Key clients

  • Alon Israel Oil Company Ltd.
  • Dor-Alon Energy In Israel (1988) Ltd.
  • A.Y.R.A.D Investments Ltd. (Bank Leumi le-Israel B.M.)
  • Addoox Media Ltd. (in Voluntary Liquidation)
  • Albar Engineering Supervision and Project Management Ltd.
  • Alon Delek Ltd. - Alon Israel Oil Company Ltd.
  • Alotera Group Ltd.
  • AORA Solar Ltd.
  • BE Drugstores Ltd.
  • Black Spruce Management LLC
  • Castro Model Ltd.
  • CHS Inc.
  • Cx Technologies
  • Directors of Olimpia Real Estate Holdings Ltd. (in liquidation)
  • Dr. Jeff Brooks
  • EatWith Media Ltd.
  • Elad Israel Residence Ltd.
  • Eliyahu and Yuval Orgad
  • E-sense
  • Fidelis Partners
  • I.D.I. Insurance Company Ltd.
  • Internet Gold Golden Lines Ltd.
  • ION Terra
  • Israel Discount Bank Ltd.
  • Israel Petrochemical Enterprises Ltd.
  • Kardan Israel Ltd.
  • Kardan Yazamut (2011) Ltd.
  • KDM Engineering & Cranes Ltd.
  • Logistipharm Ltd.
  • Matrix IT Ltd.
  • Maven Wealth Management
  • Mekorot Water Company Ltd
  • Menora Mivtachim Insurance Ltd.
  • Mr. Haggai Alon
  • MRBox
  • Mr. Alan Saskin
  • Mrs. Doreen Saskin
  • Nahor Ltd.
  • Naveh - Gad Building Development Ltd.
  • New Lineo Cinema (2006) Ltd.
  • Office Depot Ltd. (in liquidation)
  • Orkal Solutions Ltd.
  • OZ Vision Ltd
  • Pentalum Technologies Ltd.
  • Playboy Israel
  • Ramat Tivon Parental Dormitories Ltd.
  • Ramat-Hanasi Gav-Yam Rassco Ltd.
  • Related Commercial Portfolio Ltd.
  • RiT Technologies Ltd.
  • Robin Hood Pro. Ltd
  • Sapac Trading Ltd.
  • Sckipio
  • Shapir Civil and Marine Engineering Ltd.
  • Shareholders in Captain Curry Ltd.
  • Shufersal Ltd.
  • S-Israel Ha-Rechassim 30
  • Six former directors of Orckit Communications Ltd. (in Creditors Arrangement).
  • Tapugan Industries Ltd.
  • Tarya P2P, Ltd.
  • The Israel branch of Wall Street English
  • The National Insurance Institute of Israel
  • Therapix Biosciences Ltd.
  • Treato Ltd.
  • Ultraplast Technologies 2018 Ltd.
  • Urban renewal and construction companies (including I.R.M Relty Ltd. and Oz Improvement and Development Ltd.).
  • WB Debt Acquisition LLC

Work highlights

  • Representing Israel Petrochemical Enterprises in a large scale debt restructuring involving several separate transactions amounting to NIS2bn.
  • Representing Mekorot as a potential creditor and client of insolvent party Tahal Group.
  • Representing Naveh - Gad Building Development and Ramat-Hanasi Gav-Yam Rassco, as creditors in the insolvency proceedings of the Ortam-Malibu Group.

Practice head

The lawyer(s) leading their teams.

David Hahn, Aaron Michaeli, Hagit Blaiberg, Aya Yoffe