ERM partners Nimrod Rosenblum and Itai Yonai feature in the latest edition of International Financial Law Review magazine, the market-leading financial law publication for lawyers in financial institutions, corporates and private finance.
In the article “Israel LBOs face practical challenges” they address one of the most notable challenges in structuring an LBO of an Israeli target, namely the limitations imposed on Israeli companies to provide financial assistance for their own acquisition.
On the affect this issue has on international sponsors and lenders, they note, “The LBO market in Israel is rapidly developing. While there is increasing involvement of international sponsors and lenders and a tendency to use international standards and practices, domestic legislation and case law still somewhat lag behind. Certain questions are yet to be fully addressed by the courts and therefore reliance on actual market practice is highly important.”
To read the article in full, please click here.
Banking and finance practice
Epstein Rosenblum Maoz (ERM) has gained extensive experience advising international and Israeli commercial and investment banks, corporates and funds on a broad range of financing transactions, including syndicated loans, acquisition finance, leverage finance and structured finance.