Steinmetz, Haring, Gurman & Co.

Idan Azaraty

SHG August 03 2021

Idan is an attorney in our Capital Markets department with expertise in commercial law, capital markets and debt arrangements.

Idan provides ongoing legal advise and representation to private companies, public companies traded on Tel Aviv Stock Exchange, and other financial and strategic entities in Israel and abroad. Idan handles a variety of aspects related to capital markets, corporate law, securities, mergers and acquisitions and financing, such as private and public offerings and a variety of commercial transactions.

In addition, Idan has knowledge and experience in the handling and maintenance of insolvent companies, including submitting requests for a stay of proceedings, and the formation of creditor arrangements under Section 350 of the Israel Companies Law and the Law of Insolvency and Economic Recovery and reorganizations.

Among the most notable transactions involved:

Merger of cable companies totaling $1 Billion USD;
Acquisition of Mirs Communication Ltd. by Hot Communication Systems Ltd. worth approximately 1 Billion NIS;
The debt settlement totaling approximately 2 Billion NIS (including, among others of Shafir East Europe, Scorpio Real Estate, Mirland Development corporation PLC, Edri-el Israel Real Estate Assets, etc.) ;
Acquisition of Benefit Ltd. by Phoenix Ltd. for approximately 40 million NIS;
Sale of ISL to Clal Insurance Ltd. for approximately 50 million NIS.
Idan studied at Haifa University (B.A. in Economics, 1998 (Honors); LL.B. (magna cum lauda), 1998). He was admitted to the Israel Bar Association in 2003.

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