Corporate Recovery and Insolvency

High-quality legal representation in the field of insolvency is not only based on legal expertise, but also requires thinking outside-the-box when framing the client’s representation, a broad financial and legal view of their needs and interests, the ability to find effective solutions in tight schedules, reaching agreements with various parties, and excellent representation before courts.

The department provides its clients with a variety of services in the multidisciplinary field of insolvency proceedings, debt settlements, economic rehabilitation, recovery and liquidation of corporations and bankruptcy proceedings, including:

• Representation of debtors and creditors in legal proceedings with respect to insolvency and debt settlements.
• Rehabilitation and recovery of corporations – companies and business partnerships experiencing financial hardship, during or before entry into insolvency proceedings, including drawing up an economic rehabilitation plan.
• Staying legal proceedings for debtors, including collection procedures and cancellation of foreclosures.
• Realization of assets and collateral.
• Asset receivership.
• Ongoing comprehensive legal support and counsel with respect to insolvency for corporations and individuals.
• Selling company activity as a going-concern during insolvency proceedings.

The department’s team has extensive experience in representing various entities, creditors or debtors, be it huge corporations, business partnerships, cooperative societies and associations or individuals involved in rehabilitation and recovery procedures or liquidation of companies and bankruptcy proceedings. In addition, the department’s team has extensive experience in managing the cases of court-appointed functionaries (including trustees, liquidators, special administrators, receivers, etc.).

The department’s team represents large business clients, including public or private companies in the areas of real estate, communications, insurance, retail, agriculture and energy.

In addition, the department has a specialized practice with respect to cooperative associations, consumer associations and housing associations, as well as representation of associations, business partnerships, and individuals.

The department works in coordination and cooperation with the firm’s departments that specialize in other areas of law, such as commercial law, banking, high-tech, real estate, labor, and more, in order to deal with any issue that may arise when handling complex insolvency cases. When representing in debt settlements, the department works in full cooperation with the firm’s corporate and capital market departments, in a way that reflects the professionalism and expertise that the firm has accumulated in these areas.