Partner Tamar Firon-Smorodinsky heads the firm's project finance practice, its strongest area, and has led the team on most of it's significant work. Competitors observe the firm is present in the market on the behalf of construction companies and the practise head has advised several such entities, the Carmelton Group, which was awarded the tender for a BOT (build-operate-transfer) project to construct a railway tunnel in Carmel, in negotiating the financing with the Israel Discount Bank....
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Partner Tamar Firon-Smorodinsky heads the firm's project finance practice, its strongest area, and has led the team on most of it's significant work. Competitors observe the firm is present in the market on the behalf of construction companies and the practise head has advised several such entities, the Carmelton Group, which was awarded the tender for a BOT (build-operate-transfer) project to construct a railway tunnel in Carmel, in negotiating the financing with the Israel Discount Bank. Also on the behalf of infrastructure group, Firon-Smorodinsky advised companies, Shikun & Binui and Electra on obtaining the finance for a PFI (private finance initiative) project for the design, construction, operation and maintenance of a new court house complex in Tel Aviv.
On the corporate side, the firm has secured roles in a variety of sectors. In defence, joint practice head Jacob Enoch advised Elbit Systems, a multi-national defence electronics company, on the acquisition of defence group Mikal in two stages for $100 million. In a cross border technology deal the firm represented PerSay, a Delaware software company, in a reverse triangular merger Nuance Communications in November 2010.
In capital markets debt work, department head Udi Efron has advised on several bond offerings with the most significant a $92 million issue for Dan Vehicle and Transportation in April 2011. The firm also advises in equity work and acted on Galileo Satellite Navigation's IPO.
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