Mr. Grady began his legal career at Gornitzky & Co. as a legal intern and has been an associate with the firm since 2005. In 2008, he was made partner.
Prior to joining Gornitzky & Co., Mr. Grady was a manager in the tax department of Somekh Chaikin, the Israeli member firm of KPMG International in Israel.
Gil's practice is focused mainly on corporate tax and he advises the firm's clients on a wide range of taxation matters. He has vast experience in representing clients in all tax matters, including real estate taxation, VAT and sales tax, and in writing tax opinions in these areas.
In recent years, Gil has been representing clients regarding domestic and cross border restructurings, tax-related litigation cases and tax planning of M&A's, financing, reorganizations and real estate transactions.
Additionally, Gil advises different commercial groups regarding the tax implications of securities transactions, dividends and their ongoing business activity, and he represents clients before Israeli courts with regard to white collar tax offences.
Gil represented clients in numerous taxation matters, including:
- Representation of a company in the sale of 25% of its subsidiary, for approximately USD 293 million.
- Representation of two clients, affiliates of one of Israel's largest business groups, in two structured finance transactions, each comprised of an “over-the-counter” derivative, collar option and corresponding stock borrow of shares traded on the Tel Aviv Stock Exchange.
- Representation of one of Israel's largest public transportation entities, with respect to its transformation and restructuring.
- Representation of a company in restructuring the holdings of shares in a subsidiary.
LL.B., magna cum laude, Tel Aviv University (2005)
B.B (Bachelor of Business - Accounting), cum laude, College of Management (1992)
2005, Israel Bar Association
1994, CPA, Accounting Board, Ministry of Justice
Member of the Institute of Certified Public Accountants in Israel forum examining various taxation issues (2007-present)
- G. Grady, M. Kelner and S. A. Zider, "Offsetting Losses Incurred When Realizing Securities Denominated in Foreign Currencies Held During a Period of Decline in the Foreign Currency", Missim 29 (1) February 2015, p. A- 37.
Former Teaching Assistant, Tax Law, Management Faculties, Accounting programs at Tel Aviv University, Bar-Ilan University and at The College of Management Academic Studies.
Hebrew and English
Chambers Global 2017 identified Gil Grady as a leading tax lawyer. Sources say Gil Grady is a "brilliant tax lawyer and extremely knowledgeable" in the field.
Chambers Global 2016 identified Gil Grady, described by sources as "phenomenal" as one of Israel's leading Tax lawyers and singled out by clients for his strength in international taxation matters. He advises on corporate tax, real estate tax and VAT. He acted for Clal Finance Batucha in an appeal concerning securities linked to a foreign currency and the losses incurred during a period when it has decreased in value.
Chambers Global 2015 identified Gil Grady, described by sources as "very knowledgeable," as one of Israel's leading Tax lawyers who is an expert in corporate, real estate and sales tax. The guide also noted his expertise in tax issues related to large-scale restructurings and cross-border litigation.
Chambers Global 2014 recommended Gil Grady as one of Israel's leading Tax Lawyers.
The Legal 500 2013 recommended "One of a kind" Gil Grady as a Leading lawyer in the field of Tax for the third consecutive year.
Chambers Global 2013 recommended Gil Grady as one of Israel's leading Tax Lawyers, quoting enthusiastic clients in "Their praise of Gil Grady, who offers long experience in a broad range of tax matters."
World Tax 2012 recognized Gornitzky & Co. an "excellent" firm in the field of tax, identifying Gil Grady as a reputable individual, who practices in various areas of tax though he specializes in corporate tax.
The guide quoted a client saying, "Mr. Grady always gives us good and efficient advice and he has the ability to analyse the issues in the right tax and economic perspective and he is very helpful…he's always finding practical solutions to challenges and different tax problems. I haven't found any other lawyer that could have been even compared to Mr. Grady and I can certainly say that he is one of a kind."
Legal Experts EMEA 2013 recommended Gil Grady as a leading lawyer in the field of Tax.
Mr. Grady was given similar recognition in 2012.
The Legal 500 2012 recommended Gil Grady as a Leading lawyer in the field of Tax, saying, "Gil Grady is ‘incredibly knowledgeable, professional and above all very creative'."
Chambers Global 2012 recommended Mr. Grady as one of Israel's leading Tax Lawyers, naming him a "a key figure in Israeli tax".
Legal Experts EMEA 2012 recommended Gil Grady as a leading lawyer in the field of Tax.
The Legal 500 2011 identified Mr. Grady as a Leading Individual in the area of Tax law, while quoting a source saying he is "a dedicated tax partner, and the real star there now."
Mr Grady was also identified by The Legal 500 as a leading lawyer in the field of Taxation in 2009.
Chambers Global 2011 recognized Mr. Grady as a leading tax lawyer and qualified accountant, having worked as a senior manager at KPMG before joining the firm. He is “very bright, and a first-class tax adviser."
Tax Directors Handbook 2010 identified Gil as a leading Israeli tax partner.
Expert Guides 2010 and 2011 identified Gil Grady as one of Israel's leading Tax lawyers.