Project finance is Yehuda Raveh & Co's speciality but competitors are divided on whether the firm remains a tier one contender, stating that there are others who can offer more experienced advice. Yet the firm's doubters are inconsistent and admit that the firm has an established lawyer in its name partner Yehuda Raveh: "He is a name you can't argue with that," observes one....
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Project finance is Yehuda Raveh & Co's speciality but competitors are divided on whether the firm remains a tier one contender, stating that there are others who can offer more experienced advice. Yet the firm's doubters are inconsistent and admit that the firm has an established lawyer in its name partner Yehuda Raveh: "He is a name you can't argue with that," observes one. The firm maintains its rank after securing and finalising several notable mandates in the past 12 months.
Raveh and partners Yehuda Glatt and Ron Vered jointly head the firm's project finance practice and the three have been active for developer Minrav Holding on securing tenders for two PFI (private finance initiative) projects: a $837 million for a military training Campus in Negev and the $390 million deal for the new Israeli Police Department's national training centre.
Clients highlight Yehuda Glatt as an excellent lawyer, with one giving this reference: "[He is] Very, very good. He's a nice person, very calm very professional. He has a lot of experience and he really helped to make the deal. It was in a very tight timetable and there are many lawyers who help to destroy deals but he helped to find solutions not only problems." Another appreciates the name partner and the firm's founder, Raveh: "I've known him for many years and he's always very helpful."
Although overshadowed by the firm's leading projects practice, the banking team has been active, especially for client Bank of Jerusalem. Practice head Lisa Tross and Raveh acted on the banks behalf on issuing several loans in the last 12 months.
The firm's recent capital markets work has all been leveraged off project finance deals and Raveh and Vered represented the Israel Infrastructure Fund, the first Israeli private equity fund, specialising in infrastructure related projects and companies, in a $195 million capital raising.
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