The team at Gornitzky & Co. represents distressed corporations, creditors, shareholders, financial institutions and private equity sponsors in insolvency and corporate restructuring mandates. Praised as ‘incredibly commercial and deeply knowledgeable’, Yaron Elhawi handles high-stakes insolvency cases and jointly leads the team alongside Karen Reichbach-Segal, who has experience in liquidations, receiverships, and insolvencies. ’Pragmatic and deal-oriented’ Amnon Biss advises on debt settlements in litigation mandates and is frequently engaged by creditors. Firm chairman Pinhas Rubin and Ofer Tzur, who spearheads the litigation department, are also key contacts in the team.

Legal 500 Editorial commentary

Testimonials

Collated independently by Legal 500 research team.

  • ‘The team at Gornitzky are extremely smart, highly knowledgeable and well-trained, as well as practical and business-oriented.’

  • ‘Amnon Biss has an amazing attention to detail, but is pragmatic and deal-oriented. He is also very personable, likeable and a pleasure to work with.’

  • ‘The best team, who respond quickly, are very commercial and have great experience.’

  • ‘Yaron Elhawi is incredibly commercial and deeply knowledgeable.’

Key clients

  • Secured bondholders of All Year Holdings Limited
  • Bank Hapoalim Ltd.
  • The Unsecured Creditors’ Committee of Celsius Network LLC
  • Former officers of the Better Place Group - Idan Ofer, Amir Elstein and Eran Sarig
  • Oil Fields Exploration (1992) - Limited Partnership
  • Secured Creditors of Amos Spacecom
  • Iron S.B.T. Group Ltd.
  • Bank Hapoalim – largest creditor of the Eurocom Group (in liquidation) of Shaul Elovitch
  • Honigman & Sons Ltd.
  • Liquidators of Agrexco Agricultural Export Co. Ltd.
  • TGI Real Estate Investment Ltd.
  • Delek Group Ltd.
  • Bank Hapoalim Ltd. – insolvency of ‘Ramat Hagolan Dairies’
  • Royal App. Ltd. (in liquidation)
  • Smart Entertainment Ltd.
  • Wertheimer Family - owners of Tefen Open Museums
  • Geffen Hedge Funds Management Ltd.; Cramim Capital Markets Ltd.
  • Amit A.E Maafe Conditorya Ltd

Work highlights

  • Advising the Israeli secured bondholders of All Year Holdings in its cross-border insolvency.
  • Acting for Space.com secured creditors in negotiations with all stakeholders to achieve a debt restructuring agreement in accordance with the recently updated insolvency law.
  • Represented the former officers of the now-defunct Better Place Group in a motion to dismiss a claim filed by the companies’ liquidators against 22 defendants.

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.

Yaron Elhawi, Karen Reichbach-Segal

Other key lawyers

Amnon Biss, Pinhas Rubin, Ofer Tzur, Kfir Yadgar, Guy Ido