Steinmetz, Haring, Gurman & Co. is a highly experienced firm, having a long and proven track record in the practice of civil and commercial law in Israel.
Our Corporate department has significant experience in a large and diverse array of corporate and commercial transactions. We pride ourselves in providing a full service to our local and international clients and, as such, the corporate department is split into 3 teams: Securities & Capital Markets, Mergers & Acquisitions, Hi-Tech.
From incorporation to liquidation – We provide the full gamut of day to day legal services required in the day to day activities of corporate entities - from registration, reporting to the Israeli Registrar of Companies to final liquidation.
Stock exchange listings – both on the Tel Aviv Stock Exchange and the main international exchanges (e.g. LSE, AIM, NASDAQ etc.)
Private placements, securitization of cash flow income and public offerings of equity and/or debt securities.
Advising public companies on the formation and composition of boards of directors, executive compensation, including of controlling shareholders (remuneration committees, audit committees and boards of directors on the approval of such agreements).
Advising publicly traded companies with their ongoing obligations on the various exchanges and jurisdictions and both private but mostly institutional investors with their legal due diligence and regulatory compliance for investments in publicly listed companies.
Assisting underwriters in the conduct of the necessary due diligence for public offerings and legal services in connection with the distribution and marketing process carried out by underwriters and distribution managers.
Mergers and Acquisitions – assisting clients in all stages of their M&A transaction, in Israel and abroad.
Guiding international clients in their entry and establishment in the Israeli market, including corporate formation, agreements among shareholders and with third parties, due diligence examinations and compliance with appropriate regulations Assisting local and international clients with their investments in Israeli companies, as well as providing support to Israeli investors with their investments abroad
Assisting clients with their regulatory inquiries to Israel authorities, such as the Israeli Securities Authority.
Our Commercial team support local and international clients with all their day-to-day legal needs concerning their business activity in Israel and abroad.
Drafting and negotiating a wide array of commercial agreements, both local and international, including agency and distribution agreements, franchise agreements, development and licensing agreements, services and subcontracting agreements, purchase, supply, manufacturing and sales agreements, IP transfer agreements, EPC agreements, partnerships, collaborations and joint ventures, trust agreements, and other agreements for local and international transactions, etc.
Localizing standard company contracts to comply with Israeli laws
Data Protection & Information Law – assisting clients with their data protection law inquiries.
Our Banking, Finance & Debt Restructuring department excels in Insolvency and Debt Restructuring and has been involved in significant debt arrangements, aggregating billions of NIS in recent years. Its experience in this field extends to complex reorganizations of multinational enterprises involving Israeli and foreign parties and legal systems as well as appearance in Israeli and foreign courts.
Advising on banking and finance transactions to domestic and foreign commercial banks, investment banks, insurance companies, financial institutions, and Israeli and foreign lenders.
Advising pension and insurance companies in tenders of private loans to commercial companies.
Advising pension and insurance institutions in their investments in non-governmental debentures in compliance with the recommendations and conclusions of the Hodek committee.
Advising on the restructuring of debt and equity interests in troubled companies, including negotiating with a variety of interest groups.
Assisting clients with the acquisition and disposal of insolvent businesses and distressed assets.
Our real estate team represents private and public companies and private entrepreneurs in their real estate operations in Israel and worldwide.
Our real estate team also consists of a team of 'urban development' specialists who are expert on all manner of Tama 38/1 and Tama 38/2 transactions, dealing with all stages of development and operation throughout the development process.
Our office also advises on a wide range of transactions where the underlying assets are related to real estate, including residential, offices, commercial/retail (including shopping centres), as can be seen in more detail below.
Advising on the full cycles of legal real estate work from development and planning to due diligence, permits/approvals/licensing, use class re-assignment (i.e. Kibbutz/Moshav land plots etc.), construction, lease agreements, infrastructure (including contracts with utilities), and, sale and purchase.
Tama 38/1 and Tama 38/2 transactions, dealing with all stages of development and operation throughout the development process.
Assisting clients with the management of their assets.
Advising commercial occupiers on their day-to-day legal needs.
Assisting in construction disputes.
Following the trend of wealth distribution moving from the capital markets to the international private equity and VC arena, our team of PE & VC specialist have significant experience.
With our position in the market, we have exposure to almost all of the fund traffic coming to Israel to raise money. As such, we have accumulated significant knowledge, expertise and experience in representing Israel's largest institutional investors (provident and pension funds and insurance companies) on their investments in Israeli and foreign private equity funds (including mezzanine funds, real estate funds, buyout funds, secondary funds, funds of funds and infrastructure funds), and debt funds, enabling us to meet our clients' requirements.
Advising Israeli institutional investors, high net worth individuals and family offices in connection with their investments in international and local private equity and debt funds.
Reviewing and amending the material legal terms of the limited partnership agreement or equivalent documentation and advising the client on the legal and commercial exposure to ensure compliance with the client's internal review and approval mechanics.
Providing a summary of the material legal terms of the limited partnership agreement or equivalent documentation.
Reviewing, amending and completing the subscription documentation and accompanying information questionnaires on behalf of the client.
Drafting and negotiating the bespoke side letter, to reflect the client's statutory, regulatory and internal policy requirements, including negotiation with fund counsel.
Undertaking the MFN election process for the client.
Drafting private equity limited partnership agreements, subscription agreements and side letters. Managing the side letter process with multiple investors. Liaising with foreign counsel to ensure compliance with statutory and regulatory requirements in the jurisdiction of formation/incorporation.
Our litigation team is renowned for its professionalism and expertise in commercial and administrative litigation. The team has comprehensive experience in the handling of legal proceedings before all courts and all levels of the civil court system, as well as arbitrations, in the commercial practice in which our firm specializes.
Our litigation department has vast experience in working with international clients and foreign companies in disputes adjudicated in Israel as well as in international disputes.
Our litigators have successfully handled cases involving, inter alia, business disputes involving a wide range of disciplines including corporate law, shareholder disputes, corporations, partnerships, director liability, contracts, real estate, securities laws, capital markets, class actions (representation of defendants), and claims in the areas of insolvency (liquidations and bankruptcy proceedings).
Additionally, the department specializes in the areas of labor law and administrative law, and offers unique professional litigation services in cases involving tenders, representing the parties as well as the issuer of the tender (drafting and preparation of tenders).
The labor department of the firm has long standing and diverse experience and expertise as well as vast professional knowledge in the area of labor law. We have represented both Israeli and foreign workers, as well as both employers and employees.
Drafting and negotiating personal employment agreements.
Drafting and negotiating collective bargaining agreements and setting up employee committees.
Advising on privacy and data protection matters.
Advising foreign companies on Israeli labour law issues, employment of local staff and conflicts between jurisdictions (i.e. foreign employment agreements with employees in Israel etc.
The department represents clients in diverse legal proceedings and engages, inter alia, in representing clients in disputes and procedures before the Israeli labor courts, various governmental authorities and bodies, arbitration and mediation proceedings.
Negotiating executive severance packages.
Advising on the employment related aspects of mergers and acquisitions.
Our cross border team has significant experience managing complex, cross-border transactions in which we instruct lawyers across a large number of foreign jurisdictions.
The team consists of lawyers who are both qualified in Israel and in a number of foreign jurisdictions, who work with all other departments in the firm on a daily basis on all transactions which have cross border element. In addition to being fluent in a number of languages, we add value to the transactions we work on, adding a bridge between cultures making the process smooth and efficient.