Bankruptcy, Insolvency & Liquidation

Hamburger Evron & Co. has unique expertise in complicated cases of insolvency and company recovery. The department's attorneys act as receivers in bankruptcies and in a liquidation of a company, and as fiduciaries in procedural freezing in some of the most complicated cases in the Israeli economy.

The firm's uniqueness in this field of practice which is derived from its vast experience, extensive knowledge and in-depth understanding in both real estate and banking matters, allows the firm's legal team to comprehensively handle receiverships in real estate projects, and to implement interdisciplinary knowledge.

Among the firm's clients are some of the major commercial Israeli banks and prominent companies in the Israeli market, either as plaintiffs or defendants, in all relevant Israeli courts and tribunals.

The department's partners have acted, among others, as receivers of thousands of apartments, as receivers of a few big residential project, and receivers of a well known industrial metal company.

In addition, the firm has extensive experience in managing procedures in front of planning & zoning authorities and in front of the Israeli tax authorities. The department holds vast knowledge in matters concerning land improvement in mortgaged assets, and in managing extraordinarily complicated assets, including handling situations of trespassing and intrusions.

The firm is involved in several important precedents in this field-

• The District Court of Tel Aviv's precedential ruling thoroughly analyzing procedures related to creditors and creditor classification
   
• Representation in a precedential ruling regarding selling an asset with only a few planning permissions
   
• Involvement in a precedential case debating the court's reasonable extent of involvement in creditors arrangement
   
• Representation of one of the major Israeli banks in a precedential ruling on the relations between banks and the order of debt owners