Firon Law Firm

Firm Details:

Managing Partners: Zvi Firon and Itzhak Narkiss

Number of partners: 100

Number of lawyers:185

Languages:Arabic, Bulgarian, English, French, Hebrew, Italian, Georgian, German, Romanian, Russian, Spanish

Firm Overview:

For over 70 years, M. Firon & Co. has stood out as one of Israel’s largest and most prestigious law firms. The firm was one of the first (and few) Israeli law firms to offer international services, and is currently operating nine branches in Israel and abroad, with a legal team of over 300 professionals. This unique combination of tradition and innovation enables the firm to foster decades-long relationships with some of its most prominent clients and to rapidly acquire a thorough understanding of the legal and business needs of new clients. The firm’s clientele reads like a who’s who list of multinational conglomerates, Fortune 500 companies, prominent business people and governmental ministries and agencies.

Main Areas of Practice:

Projects & Infrastructure

For decades, the firm has been handling the most significant infrastructure projects in Israel (BOT, PFI, BOO, construction, etc.), including finance stages such as: the Tel Aviv light rail, projects for the Israeli Ministry of Defense, universities’ dormitories, the Jerusalem light rail, the Carmel Tunnels, courthouses throughout Israel, ports, toll roads and tunnels, power stations and renewable energy power plants.

Recent Activity: Representation of Shapir and the Spanish company CAF in the financing phase and the execution of the Purple line Light Rail PPP project in Tel Aviv; representation of Meonot Shlomo (owned by Afcon and the college of management) in the BOT project of dormitories in Rishon Le Zion; representation of the Phoenix Insurance Company in financing several BOT projects; representation of Harel in financing several renewable energy projects; representation of Shapir and CAF in a PPP tender for a light rail in northern Israel.

Key Clients:Ashtrom Group, EDF EN (Israel), Shapir. CAF. China Railway Tunnel Group (CRTG), China Railway Engineering Corporation (CREC), China Railway Electrification Bureau (Group) Co., Ltd (EEB), Noy Fund, Nofar Energy; Ashtrom Energy; Phoenix, Harel .Skoda, Carmelton Group, H2ID – the desalination project company.

Contact: Tamar Firon-Smorodinsky

Email: [email protected]

M&A:

M&A is a core practice of M. Firon & Co. The firm’s attorneys have decades of cumulative experience in advising on multibillion-dollar M&A deals, some of which have made international headlines and are considered milestones in the Israeli economy. It is this proven track-record that positions the firm at the forefront of M&A in Israel, enabling it to manage complex transactions at every scale anywhere in the world.

Recent Activity: Representation of IsoftBet in the sale of the group to IGT for over NIS 0.5 bn, representation of Psagot its partial sale to The Phoenix for NIS 310 million; representation of Elbit systems in the NIS 285 million sale of Ashot.

Key Clients: IBM, Elbit Systems, Diplomat Distributors ,Mega Or, Psagot, Sanofi, Aman Computers, Gilead, DHL, I.D.I Insurance Company, Rani Zim Group, Novolog.

Contact: Jacob Enoch

Email: [email protected]

Litigation, Class Actions, International Arbitration

The firm’s litigation department is amongst the largest and most prominent in Israel handling every possible kind of litigation including high profile commercial litigation, multi-billion dollar class action suits and multi-billion dollar international arbitration cases.

Recent Activity: Representation of Clal Insurance company in over 10 class actions estimated at billions of NIS; Migdal Insurance in the defence of a NIS 800 million suit.

Key Clients: Elbit Systems, McDonalds, Toshiba, AIG, Bezeq the Israel Telecommunication Corporation, IDI Insurance Company, Clal insurance company, Israel Railways Company, Tel Aviv University, Ashtrom, Dan Hotels, Ashdar, Clalit HMO.

Contact: Zvi Firon

Email: [email protected]

Capital Markets:

M. Firon & Co. handles multi-billion shekel capital markets transactions including public offerings, capital raising and financing transactions for the country’s largest companies. Additionally, the firm is a market leader in all regulatory issues related to mutual funds, foreign funds, hedge funds, bondholders, trustees, portfolio managers, investment advisers, family offices, brokers in capital markets and providers of financial and credit services including cryptocurrencies.

Recent Activity: Representation of Israel Airport Authority in an approx. NIS 1 bn TASE IPO; representation of Diplomat Distributers, valued at NIS 1.5 bn, in its TASE IPO.

Key Clients: Elbit Systems Ltd., Ashtrom Group Ltd., Ashdar Building Company Ltd., LGT, Direct Insurance, Dan Hotels, Adgar Investment & Development, The Phoenix Group, Diplomat distributers, Israel shipyards, Mega Or; KSM Mutual Funds, Altshuler Shaham, IBM, Ubank trust company, Peninsula, S.R.Accord, Ayalon mutuaul funds.

Contact: Udi Efron

Email: [email protected]

Contact: Oded Ofek

Email: [email protected]

Real Estate

The firm is a clear market leader in all aspects of its diverse real estate practice including commercial and residential real estate, construction, zoning and planning, representation of real estate development companies and more. The department also includes a leading and award winning urban renewal sub – department.

Recent Activity: Representation of Metropolis, Adam Shuster, Dan, Shikun & Binui, Ken Hator in numerous urban renewal projects; Ashtrom regarding the huge LYFE project; Israel’s inter-ministerial committee and the state-owned Apartment for Rent Company in tenders issued by it.

Key Clients: Ashtrom Group, Ashdar Building Company Ltd., Migdal Insurance, Metropolis, Ken Hator, Adam Shuster, Shikun & Binui, Efgad, Apartment for Rent.

Contact: Itzhak Narkiss

Email: [email protected]