Headed by the greatly respected and widely recommended Dalia Tal, Kantor Elhanani Tal & Co's banking practice has an excellent reputation. Of the practise head, one peer says: "Dalia Tal is an excellent banking lawyer....
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Headed by the greatly respected and widely recommended Dalia Tal, Kantor Elhanani Tal & Co's banking practice has an excellent reputation. Of the practise head, one peer says: "Dalia Tal is an excellent banking lawyer. She's very much a domestic Israeli lawyer rather than international and has a very close relationship with the biggest banks."
It is not, however, Tal who has been active on finance transactions. Gal Feingold has led the firm on several prominent deals advising a consortium of Banks on extending an $223 million credit agreement to Psagot Provident Funds and Pension, and Psagot Mutual Funds in February 2011. Prior to this Gal advised a banking syndicate on providing $154 million in acquisition finance to private equity house Apax Partners for a controlling stake in Psagot Investments in October 2010.
Elsewhere on the banking side, Judith Gal negotiated on securing $139 million (NIS500 million) for the financing of a shopping mall development in Beer Sheva.
The firm's M&A group, also led by Tal, leverages off its leading banking practice for deals. In the largest transaction the team were involved in, Gal-Or represented the Bank Mizrahi Tefahot, as the secured creditor, to B-Capital 36 which sold its shares in Azorim to Adarim Star. The sale closed at $83 million in April 2011 and the bank was entitled to receive remunerations as a lender to B-Capital 36.
The firm's leading lawyer has been active on the corporate side for long standing client Bank Leumi. Tal advised on it's failed attempt to buy Mivtach Shamir holdings out of Tnuva, Israel's largest food conglomerate, and was also active for Leumi Partners, the private equity and venture capital arm of the bank, on it's purchase of 10% of Electra Consumer Products for $27 million in May 2010.
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