News

| Lior Grinblat
May 1st, 2016

Gornitzky represented Melisron Ltd., the leading real estate company in the field of shopping malls and commercial centers, in a NIS 1.2 billion issuance of public bonds. 

Gornitzky represented Melisron Ltd., the leading real estate company in the field of shopping malls and commercial centers, in a NIS 1.2 billion issuance of public bonds. Melisron issued two new series of bonds, one of them is secured by a real-estate asset, and one existing series was expanded.

 

Melisron Ltd was represented by Sharon Werker-Sagy (Partner), Inbal Zackay-Horev, Uri Heller, Maya Dvir, Michael Goffer (Capital Markets) and Itay Itzkovich (Partner) and Lior Grinblat (Real Estate).

February 2nd, 2015

Gornitzky represented Fortissimo in its acquisition of a group of companies, including Enercon Ariel Ltd.

Gornitzky & Co. represented Fortissimo Capital Fund in its acquisition of a group of companies, including Enercon Ariel Ltd. The companies develop, produce and market power supply and UPS systems, which are used by leading manufacturers of aviation, aerospace, naval and ground military/defense equipment, as well as for civilian use. The purchase amount is undisclosed.

 

Enercon Ariel Ltd. is a leading designer/manufacturer of custom power supplies for the aerospace and defense industries.

 

Fortissimo Capital Fund was represented by Chaim Friedland (Partner), Timor Belan (Partner), Avner Finkelshtein (Partner, Antitrust), Michael Ayalon (Partner, Labor Law), Idan Baki (Partner, Finance), Shira Porat (Finance), Lior Grinblat, and Ariel Davis.   

March 30th, 2016

Dan Public Transportation Ltd. sold 50% of its land rights in Bnei Brak to Ashtrom Properties Ltd.. The two plan to construct, among others, three office buildings, as well as a commercial complex

Dan Public Transportation Ltd. And Ashtrom Propertie Ltd. completed a transaction to sell 50% of the rights in the Dan Garage in Bnei Brak to Ashtrom for 100 million NIS.

 

According to the agreement, Dan and Ashtrom will establish a partnership, in which they will realize the land rights in order to build an office and commercial complex in the extent of 1000 sqm., including two buildings.

 

The said land is about 3.3 acres in the city of Bnei Brak. Today, it serves as a garage and bus parking lot for Dan. The partnership intends to construct three office buildings, about 35 floors each, as well as a commercial complex. In the first stage, a 40,000 sqm. tower will be built, followed by an additional similar tower, which will include, among others, commercial areas, offices and upper and underground parking lots. Simultaneously, the partnership will act to receive additional rights which will enable the construction of the third tower.

 

See full story (Hebrew)

 

Dan Group was represented by Adv. Shlomo Cohen (Partner) and Adv. Lior Relevy (Partner) and Lior Grinblat

September 11th, 2012

Earlier this month, Gornitzky & Co. welcomed a new partner to the firm, Mr. Dubi Gross. Also to join the firm, over the summer, are four new associates.

Earlier this month, Gornitzky & Co. welcomed a new partner to the firm, Mr. Dubi Gross. Also to join the firm, over the summer, are four new associates.

 

Mr. Dubi Gross is qualified as an Advocate in Israel and a Solicitor in England & Wales. Dubi served as an associate at Gornitzky, from 2001-2006, before receiving his LL.M. at the London School of Economics and Political Science. Thereafter, Dubi worked for five years in the Banking & Capital Markets group in the London office of White & Case, where he was involved in various types of financing transactions and debt restructurings in the banking sector.

 

Gornitzky & Co. has also welcomed four new associates to its ranks over the course of the summer: Mr. Tsachi Hoftman, Mr. Itamar Ben Yehuda, Ms. Lior Grinblat and Mr. Avishai Marom.