Epstein Rosenblum Maoz (ERM) has acted for Haifa Chemicals on the sale of greenhouse gases' emission reduction rights under the Kyoto Protocol (CERs) until 2012 to Citi Bank. This is considered to be the biggest transaction of this kind in Israel and is estimated in USD 60 millions. 

Under the Kyoto Protocol, "Annex 1" developed countries are required to reduce their greenhouse gases (GHG) emissions to a certain level by 2012, and an international trade mechanism which allows them to purchase emission reduction rights from the "non-Annex 1" developing countries (including Israel) has been established. 

Epstein Rosenblum Maoz (ERM) has developed unique expertise in the area of development and sale of greenhouse gases emission reduction rights and has acted on many of these transactions carried out in Israel.  Please click here to learn more about our projects and energy practice.

Epstein Rosenblum Maoz (ERM) has advised Citi Bank (as a syndication arranger) on matters pertaining to the Israeli law in connection with a financing arrangement to an international conglomerate, in an amount of over €350.

Click here to read more about our finance practice.

2009 Legal500 recommends Epstein Rosenblum Maoz (ERM) partners Amnon Epstein, Nimrod Rosenblum and Gilad Maoz as leading practitioners in their respective areas of expertise: banking and finance and mergers and acquisitions respectively. Legal500 writes about Nimrod Rosenblum and Gilad Maoz:

"Nimrod Rosenblum and Gilad Maoz, who provides ‘quick, practical advice’, are recommended. The firm  'understands the urgency of client requests, even across different world time zones’ and ‘is available by cell after hours’."

Legal500 writes about Amnon Epstein:

"Amnon Epstein is ‘knowledgeable’ and ‘understands the requirements of international clients’."

Click here for the full text.

2009 Legal500 recommends Epstein Rosenblum Maoz (ERM)'s finance and banking, mergers and acquisitions, projects and energy, private equity and environment practices. Legal500 writes:

"Epstein Rosenblum Maoz (ERM) has particularly strong connections with London and Amsterdam. The firm advised ABN AMRO as mandated lead arranger on the accession of UTI Eilat Overseas to a $250m credit facility...

Other banking work crosses over with the firm’s expertise in private equity, such as advising Morgan Stanley and JPMorgan (as syndication arrangers) in connection with Israeli issues relating to a multibillion-dollar take-private and LBO by Permira …

Epstein Rosenblum Maoz (ERM) is a niche firm which draws upon expertise in banking and private equity work in advising on corporate transactions for a strong Israeli client base, and a growing international client base...

Recent examples include advising Morgan Stanley and JPMorgan (as syndication arrangers) in connection with Israeli issues relating to a multibillion-dollar take-private and LBO by Permira; the deal involved novel legal issues relating to LBOs in Israel...

The firm reports an increase in carbon-trading work for clients such as Israeli Chemicals, Ecotraders and Ormat. The firm also advised on an increasing number of transactions in the defence and security industries…

The firm ‘understands the urgency of client requests, even across different world time zones’ and ‘is available by cell after hours’…

Epstein Rosenblum Maoz (ERM) is developing a burgeoning projects practice, in part off the back of its excellent banking practice. The firm advised EDF Energies Nouvelles in connection with a tender for a $250m thermo-solar BOT in the south of Israel."

Click here for the full text.

Epstein Rosenblum Maoz (ERM) has advised Delek Belron International, a wholly owned subsidiary of Tel Aviv Stock Exchange-listed Delek Real Estate, in relation to all corporate, regulatory and financing aspects of the takeover offer for the minority shares in Jersey-based AIM-listed Delek Global Real Estate (DGRE).

The takeover offer was carried out by means of a scheme of arrangement before the Jersey court, and was subject to the City Code on Takeovers and Mergers.

The scheme was not accepted at a shareholders' meeting which took place on 5 May 2009.

Epstein Rosenblum Maoz (ERM) has considerable Israeli and international experience advising companies, private equity houses, venture capital funds, investment banks and financial institutions on a full range of mergers and acquisitions work. Pleae click here to learn more about our mergers and acquisitions practice.

Chambers and Partners 2009 recommends Epstein Rosenblum Maoz (ERM)'s finance and banking, mergers and acquisition, projects and energy, and environment practices. Chambers and Partners writes:

"With 'excellent lawyers from the likes of Herzog Fox & Neeman and London’s magic circle' on board, the future of this young firm seems set...

Along with its domestic client base, the firm also has strong connections to the UK and has secured a number of high-profile international clients in the banking and finance arena...

The 'responsive and extremely insightful' team provides advice on credit facilities, securitisations and banking regulatory matters. The team recently advised ABN AMRO on a USD250 million credit facility involving UTI’s Israeli subsidiary, and assisted Citi in London with complex regulatory capital matters involving a major Israeli bank...

The firm also has a growing reputation for project finance and infrastructure and is highly active in Israel’s growing renewable energy market, especially solar BOTs. It is also a leader in the field of carbon trading, assisting EcoTraders with Israel’s first carbon trading loan…"

Click here for the full text.

Chambers and Partners 2009 specifically recommends Epstein Rosenblum Maoz (ERM) partners Amnon Epstein and Nimrod Rosenblum as leading practitioners in their respective areas of expertise: banking and finance and mergers and acquisitions respectively. Chambers and Partners writes about Amnon Epstein:

"The 'immensely bright' Amnon Epstein is applauded by sources for his 'excellent and thoroughly up-to-date understanding of the international market' and his 'accuracy, responsiveness and commercial savvy' also attract praise."

Chambers and Partners writes about Nimrod Rosenblum:

"Nimrod Rosenblum of Epstein Rosenblum Maoz is esteemed for his international expertise and consistently good advice."

Click here for the full text.

Simon Marks joins Epstein Rosenblum Maoz (ERM) as a partner in the international corporate team.

Simon is a dual qualified English solicitor and Israeli advocate with many years of experience in a wide range of corporate work including, international IPOs, mergers and acquisitions, private equity, venture capital and commercial transactions.

Prior to joining Epstein Rosenblum Maoz (ERM), Simon founded and headed the UK practice group at Tel Aviv law firm Gross, Kleinhendler, Hodak, Halevy Greenberg & Co. (GKH). Whilst at GKH, Simon focused on international mergers and acquisitions and IPO transactions and was involved in some of Israel's largest deals in recent years, including: advising Israeli medical device company, Ventor Technologies Ltd., in its acquisition by Medtronic, Inc. for approximately $330 million; and advising Qumranet, Inc. in its acquisition by Red Hat, Inc. for approximately $115m.

Prior to working at GKH, Simon worked in the London office of Halliwells LLP. During his time at Halliwells Simon specialised in advising overseas companies, in particular on public offerings in the UK. Simon advised on successful AIM IPOs for several Israeli companies, including: Dori Media Group Ltd., Gilat Satcom Ltd., MTI Wireless Edge Ltd. and iPoint Media, and has extensive knowledge and experience of the AIM market.

Simon will be adding his considerable international corporate and commercial expertise to Epstein Rosenblum Maoz (ERM)'s already impressive international corporate team. On joining Epstein Rosenblum Maoz (ERM) Simon Marks said:

"ERM is a fast-growing vibrant firm with an exceptional combination of domestic and international experience and expertise. I am looking forward to getting started and believe that despite the current economic climate, ERM will continue to expand its already impressive client base in Israel and abroad."

Epstein Rosenblum Maoz (ERM) is a specialised law firm with unique expertise in corporate and finance transactions with international aspects. During recent years Epstein Rosenblum Maoz (ERM) has seen significant growth and it continues to expand through recruitment of lawyers with extensive international experience at the highest level.

Epstein Rosenblum Maoz (ERM) has acted for Hadera Paper Mills on the sale of greenhouse gases' emission reduction rights under the Kyoto Protocol (CERs) to leading international financial institutions. 

Under the Kyoto Protocol, "Annex 1" developed countries are required to reduce their greenhouse gases (GHG) emissions to a certain level by 2012, and an international trade mechanism which allows them to purchase emission reduction rights from the "non-Annex 1" developing countries (including Israel) has been established. 

Epstein Rosenblum Maoz (ERM) has developed unique expertise in the area of development and sale of greenhouse gases emission reduction rights and has acted on many of these transactions carried out in Israel.  Please click here to learn more about our environment and planning practice.

Epstein Rosenblum Maoz (ERM) has advised JPMorgan and Morgan Stanley (as syndication arrangers) on the NDS Group PLC multi-billion dollar take-private by News Corp and subsequent acquisition of a 51% stake by Permira Advisers LLP. 

News Corp and Permira offered NDS' investors around US$60 per share, and cut News Corp's stake in the business from 72% to 49%, while Permira will take on a 51% controlling stake.  

Debt for the complex transaction was provided by JPMorgan and Morgan Stanley. The buyout of NDS completed in February 2009.

NDS is a UK-based Nasdaq-traded provider of the encryption technology and smartcards that News Corp's pay television investments including Foxtel in Australia, BSkyB in Britain and Sky Italia use to ensure their programs can only be watched by paying subscribers.

Epstein Rosenblum Maoz (ERM)'s lawyers have gained substantial experience acting for international and local lenders, borrowers, debt issuers, credit enhancers and sponsors, on the full spectrum of financing transactions, including global loans, structured finance, asset finance and regulation of financial markets.  Click here to learn more about our finance, banking and regulation practice.

Epstein Rosenblum Maoz (ERM) sponsored the annual conference of the Renewable Energy Association of Israel themed "Renewable Energies in Israel 2009". The conference was held in collaboration with the Israeli Institute of Energy and Environment and the School for Oils & Energy Studies, and took place on 29 January 2009 at the Eretz Israel Museum.

The conference was attended by several hundred professionals, businessmen and academics. Among others, the minister of National Infrastructures, Mr. Binyamin (Fouad) Ben-Eliezer, and the minister of Environmental Protection, Mr. Gideon Ezra, addressed the audience.

Amnon Epstein of Epstein Rosenblum Maoz (ERM) gave a talk about "Legal Aspects of Financing Photovoltaic Projects".

Epstein Rosenblum Maoz (ERM) has a unique expertise in the area of renewable energy and is acting as legal counsel for the Renewable Energy Association of Israel, as well as for many companies operating in this field in Israel and abroad. Please click here to learn more about our environment and planning practice.

Amnon Epstein and Itai Yonai of Epstein Rosenblum Maoz (ERM) were asked by "The Marker" magazine to comment on the potential for Israeli companies to benefit from reducing their greenhouse gases (GHG) emissions.

Under the Kyoto Protocol, "Annex 1" developed countries are required to reduce their greenhouse gases (GHG) emissions to a certain level by 2012, and an international trade mechanism which allows them to purchase emission reduction rights (Certified Emissions Reduction Units – CERs) from the "non-Annex 1" developing countries (including Israel) has been established.  In addition, a parallel mechanism has been developed to allow the commercialisation and sale of non-certified emission reduction rights (Verified Emissions Reduction Units – VERs), and Israeli companies can benefit from this mechanism as well. Amnon Epstein and Itai Yonai mentioned that the potential is great (the global market is expected to reach US$100bn in the coming year), but the opportunity may only last until 2012.

Click here for the full text or the article (in Hebrew).

Epstein Rosenblum Maoz (ERM) has developed unique expertise in the area of development and sale of greenhouse gases emission reduction rights and has acted on many of these transactions carried out in Israel. Please click here to learn more about our environment and planning practice.

Amnon Epstein, Nimrod Rosenblum and Gilad Maoz of Epstein Rosenblum Maoz (ERM) have been recommended by the "European Legal Experts 2009", one of the leading international legal directories, as leading experts in their respective practice areas.

Amnon Epstein has been recommended as an expert in the field of Banking and Finance, and Nimrod Rosenblum and Gilad Maoz have been recommended as experts in the field of Corporate and M&A.

This recent international acknowledgment of Epstein Rosenblum Maoz (ERM)'s expertise in its core fields of practice adds to the wide recognition the firm receives from clients, colleagues and professional directories worldwide.

Epstein Rosenblum Maoz (ERM) has advised JPMorgan and Morgan Stanley (as syndication arrangers) on the NDS Group PLC multi-billion dollar take-private by News Corp and subsequent acquisition of a 51% stake by Permira Advisers LLP. 

News Corp and Permira offered NDS' investors around US$60 per share, and cut News Corp's stake in the business from 72% to 49%, while Permira will take on a 51% controlling stake.  

Debt for the complex transaction was provided by JPMorgan and Morgan Stanley. The buyout of NDS is expected to be completed at the beginning of next year, subject to court and shareholder approval.

NDS is a UK-based Nasdaq-traded provider of the encryption technology and smartcards that News Corp's pay television investments including Foxtel in Australia, BSkyB in Britain and Sky Italia use to ensure their programs can only be watched by paying subscribers.

Epstein Rosenblum Maoz (ERM) has acted for the sellers on the sale of an 80% stake in Shamor-Israeli Security Service Center Ltd and B-Secure O.R.G. Ltd to T&M Protection Resources LLC for an undisclosed sum.

Shamor-Israeli Security Service Center Ltd and B-Secure O.R.G. Ltd are Israeli security-services companies which focus on the setting up and running of multi-part systems that provide a comprehensive residential and business security solution based on bi-directional control and information flow.

Epstein Rosenblum Maoz (ERM) has been widely acknowledged for its international mergers and acquisitions practice. Please click here to learn more about our mergers and acquisitions practice.

Epstein Rosenblum Maoz (ERM) has acted for the sellers on the sale of an 80% stake in Goshen Commercial and Personal Security Services Ltd and Line Bit Systems Ltd to T&M Protection Resources LLC for an undisclosed sum.

Goshen and Line Bit are specialist Israeli security-services companies which focus on quality assignments in Israel and abroad. The companies provide security services to governmental and municipal entities, public institutions and private organisations.

Epstein Rosenblum Maoz (ERM) has been widely acknowledged for its international mergers and acquisitions practice. Please click here to learn more about our mergers and acquisitions practice.

In its October edition, international finance magazine CORPORATE UK asked Epstein Rosenblum Maoz (ERM) partner Nimrod Rosenblum to comment on the recent developments in the Israeli M&A market and to express his opinions in relation to future trends in light of the current circumstances in the global financial markets.

Click here for the full text or the article.

Epstein Rosenblum Maoz (ERM) has acted for Dan Region Association of Towns (Sanitation and Waste Disposal) and Ecotraders Ltd on the sale of greenhouse gases' emission reduction rights under the Kyoto Protocol (CERs) from the Hiriya landfill project to French energy company Électricité de France (EDF).

Under the Kyoto Protocol, "Annex 1" developed countries are required to reduce their greenhouse gases (GHG) emissions to a certain level by 2012, and an international trade mechanism which allows them to purchase emission reduction rights from the "non-Annex 1" developing countries (including Israel) has been established.

Epstein Rosenblum Maoz (ERM) has developed unique expertise in the area of development and sale of greenhouse gases emission reduction rights and has acted on many of these transactions carried out in Israel.  Please click here to learn more about our environment and planning practice.

Epstein Rosenblum Maoz (ERM) has acted for Israel Chemicals (ICL Group) on the sale of greenhouse gases' emission reduction rights under the Kyoto Protocol (CERs) to leading international financial institutions.

Under the Kyoto Protocol, "Annex 1" developed countries are required to reduce their greenhouse gases (GHG) emissions to a certain level by 2012, and an international trade mechanism which allows them to purchase emission reduction rights from the "non-Annex 1" developing countries (including Israel) has been established.

Epstein Rosenblum Maoz (ERM) has developed unique expertise in the area of development and sale of greenhouse gases emission reduction rights and has acted on many of these transactions carried out in Israel.  Please click here to learn more about our environment and planning practice.

Epstein Rosenblum Maoz (ERM) has acted for Ormat Technologies Inc. on the sale to an international buyer of voluntary emission rights (VERs), resulting from Ormat's international projects.

Under the Kyoto Protocol, "Annex 1" developed countries are required to reduce their greenhouse gases (GHG) emissions to a certain level by 2012, and an international trade mechanism which allows them to purchase emission reduction rights from the "non-Annex 1" developing countries (including Israel) has been established.

Epstein Rosenblum Maoz (ERM) has developed unique expertise in the area of development and sale of greenhouse gases emission reduction rights and has acted on many of these transactions carried out in Israel.  Please click here to learn more about our environment and planning practice.

Epstein Rosenblum Maoz (ERM) acts for EDF Energies Nouvelles (part of the French Électricité de France (EDF) group) in connection with the tenders for the construction and operation of thermo-solar and photovoltaic power plants in Ashalim.

In 2008, the Israeli government published two BOT tenders for the construction, operation and maintenance of thermo-solar and photovoltaic power plants, for 25 years. The two thermo-solar power plants are expected to have a capacity of 80-125 megawatts each, and the value of the tender is estimated at about USD 650 millions. The photovoltaic power plant is expected to have a capacity of 15-30 megawatts and the value of the tender is estimated at about USD 70 millions.

Epstein Rosenblum Maoz (ERM)'s lawyers have unique experience and expertise in relation to infrastructure and energy projects in Israel and abroad.  Please click here for further information about our projects practice.

Epstein Rosenblum Maoz (ERM) has been chosen to advise the Organisation for Economic Co-operation and Development (OECD) in respect of various legal aspects in connection with the potential accession of Israel to the organisation. 

The advice to date has included the rendering of a wide scope report regarding the legislation applicable to Israeli public companies and various other related corporate law matters.  The report also includes a comparison between the prevailing Israeli legal system and a number of Anglo-American and Continental legal systems.

The international experience and expertise of the lawyers of Epstein Rosenblum Maoz (ERM), as well as the wide international recognition of the firm, enable us to provide Israeli law advice to leading international clients. 

Amnon Epstein and Itai Yonai of Epstein Rosenblum Maoz (ERM) write to The Marker magazine about new government regulations in the photo-voltaic (PV) alternative energy sector, which enable home production of electricity and the sale of such electricity to the Electricity Company.

According to the new regulations, any person may install a photo-voltaic (PV) system (up to a maximum capacity of 15KW) in his or her premises, and to sell any access electricity produced by such system to the Electricity Company at subsidised prices for a period of 20 years. The aim of the initiative is to encourage private consumers to produce environmental-friendly electricity by guaranteeing a relatively quick return of investment.

Amnon Epstein and Itai Yonai mention that there are still complex tax, planning and regulatory issue which need to be resolved in order to ensure effective implementation of the new regime.

Click here for the full text of to download a copy (in Hebrew).

Epstein Rosenblum Maoz (ERM) has a unique expertise in the area of renewable energy and is acting as legal counsel for the Renewable Energy Association of Israel, as well as for many companies operating in this field in Israel and abroad. Please click here to learn more about our environment and planning practice.

Epstein Rosenblum Maoz (ERM) has acted for the sellers on the sale of an 80% stake in Saar Security Ltd to T&M Protection Resources LLC for an undisclosed sum.

Saar Security Ltd is a major Israeli security-services company which employs more than 1,500 professional security guards and employees and has branches nationwide. The company provides security services to governmental and municipal entities, public institutions and private organisations.

A joint tender committee of the "Forum of the 15" (Israel's 15 largest municipalities) and the Company for Local Government Economic Services of the Local Authority Ltd has chosen Epstein Rosenblum Maoz (ERM) to sit on its panel of advisers in respect of climate protection and the convention on the reduction of air pollution.

The selection of Epstein Rosenblum Maoz (ERM) emphasises our firm's unique expertise and experience in the ever-evolving field of environmental regulation in general, and emissions-trading and green-tech in particular.

Jackie Donner joins Epstein Rosenblum Maoz (ERM) as an associate and will concentrate on corporate and M&A deals. 

Prior to joining ERM, Jackie worked at London magic circle firm, Freshfields Bruckhaus Deringer as an associate in the corporate department.

Jackie has a BA from Tel Aviv University, a BSc from London School of Economics (LSE) and  a MSt from Oxford University and she is a qualified solicitor in England and Wales.

Jackie can be contacted at donner@erm-law.com or on +972 (3) 6099900.

Epstein Rosenblum Maoz (ERM) was one of the "gold" sponsors of the voluntary project "Direction of the Wind", a fund-raising event in support of the youth ward at the "Shalvata" psychiatric hospital which took place at Barbor House on 1 March 2008.  The revenues from the event will be used to facilitate various workshops and other enrichment aftercare activities for youth hospitalised at "Shalvata".

The event was the initiative of the social network website "Beshutaf", whose members are active in various social and educational projects.  ERM has provided "Beshutaf" pro bono legal advice since going online.            

Epstein Rosenblum Maoz (ERM) has acted for Ecotraders Ltd on an investment (in an undisclosed sum) by the TEP, a UK AIM-listed fund. This is the second round of investment in the company, following a seed investment in which Meitav Investment House acquired 25% of the company's shares.

Ecotraders is a leading Israeli greenhouse emissions credits broker and trader.  The trade in greenhouse emissions credits is the result of the Kyoto Protocol and independent EU legislation.  The sector has demonstrated a two-digit growth-rate in recent years and has already reached an annual turnover of dozens of billions of Euros.  The company, which is the only Israeli company that specialises solely in this field, is involved in over 15 projects in Israel alone, and its clients include local municipalities as well as leading Israeli publicly-traded companies.  Recently, Ecotraders has started operating in the Far East, mainly in China and Vietnam.

TEP, a UK AIM-listed fund, is a prominent trader in greenhouse emissions credits and has an annual turnover of around 300 million US Dollars.

In a special articles, the Marker Magazine writes about ERM's expertise in transactions with international aspects and about the firm's founding partners' unique international experience gained while working at the top law firms in London, New York and Israel.

Click here for the article or to download a copy (in hebrew).

Epstein Rosenblum Maoz (ERM) has acted for the sellers on the sale of a 70% stake in Risotech Ltd to Elad Software Systems Ltd for an undisclosed sum. 

Risotech was established in 2002 and provides software infrastructure and integration solutions in the spheres of JAVA, databases and SOA architectures. Among other things Risotech is an Advanced Business Partner of IBM, and holds exclusive distribution rights of several other leading software solutions.

Elad Systems was established in 1982, and is one of the leading private companies in the Israeli IT business.  Elad leads the market with solutions for knowledge and content management and outsourcing projects, and is a Microsoft Gold Partner.

Amnon and Nimrod were asked to comment on the prospects of Israeli companies attracting investments from UK investors and raising money in the UK, and on the business opportunities that exist in the UK and might interest Israeli companies.

Amnon and Nimrod stated that despite the recent global "credit crunch" and the projections of UK economy going into a period of low growth rates, ample business opportunities lie in the UK for Israeli companies. For example, various small and medium size UK companies may become takeover targets, and Israeli companies in the green-tech sector may attract much attention from UK investors.  In addition, it should be borne in mind that London is still (together with New York) the world's financial centre, and Israeli companies establishing presence in the UK may enjoy increased international exposure and better access to capital.

Indeed, the heyday of raising capital on AIM might be over for the next year or two, but good Israeli companies with solid track records and clear business plans may still find London to be a very welcoming city.

For those Israeli companies wishing to do business with UK counterparts, Amnon and Nimrod suggest to understand and adapt to the British way of doing business, in which much emphasise is put on planning and structuring the process in advance, relying on professional advisors with adequate market knowledge, and creating and maintaining good working relationships in the City.        

Please click here for the article (in Hebrew) or to download a copy.

Epstein Rosenblum Maoz (ERM) partners Amnon Epstein and Nimrod Rosenblum acknowledged by the Global Chambers and Partners as notable as well as 'up and coming' Israeli practitioners in the fields of finance and banking, projects, corporate/M&A, private equity and capital markets.

Click here for more information.

Epstein Rosenblum Maoz (ERM) associate Roni Abelski commented to The Marker magazine on a recent reform to German tax legislation. 

The reform, which will come into force in 2008, is aimed at reducing German companies' tax levels on the one hand, and introducing new limitations on companies' ability to deduct finance-related expenses on the other.

The reform is of great importance to many Israeli investors operating in Germany, and Roni has commented on its implications and the possible ways to avoid increased costs following the implementation of such reform.

Please click here for the article (in Hebrew) or to download a copy.

Epstein Rosenblum Maoz (ERM) partner Amnon Epstein commented to The Marker magazine on PPP projects in Israel.

Amnon was asked to comment on the prospects of Israeli state authorities leasing existing infrastructures (roads, bridges, power plants etc) to local and international financial institutions and operators, as an alternative to the current municipal bonds system, which has proven itself costly and inefficient in many recent cases.  

This method of finance is well familiar in many developed countries, such as the United States, Great Britain, Italy and Belgium.

Please click here for the article (in Hebrew) or to download a copy.

Epstein Rosenblum Maoz (ERM) has acted for Taya Telecommunications Ltd on the acquisition of UK-based Well Trade Services Limited (WTS) and C2 Media UK Ltd (C2). 

WTS and C2 were founded in 1996 and provide broadcasting equipment, technology, engineering and integration services to broadcasting and production companies and television studios in the UK, Europe, Africa and the Middle East. The WTS/C2 group comprises of various other UK and EU-based subsidiaries.

The transaction is due to close in November.

Itai Yonai joins Epstein Rosenblum Maoz (ERM) as an associate and will focus on corporate, high-tech and M&A transactions.

Prior to joining ERM Itai worked at Yossi Avraham, Arad & Co.  Itai has also worked in several software companies as a business development manager.

Itai has a bachelor degree in law (LLB) and BA in economics (cum laude), both from Tel-Aviv University.

Itai can be contacted at yonai@erm-law.com or on +972 (3) 6099900.

Amnon Epstein and Nimrod Rosenblum of Epstein Rosenblum Maoz (ERM) and Adv. Avaantika Kakkar of the Mumbai branch of Khaitan & Co were asked by The Marker magazine to comment on the various business opportunities existing for Israeli investors wishing to operate in India, as well as on the cooperation between the two firms.

Please click here for a link to the article or to download a copy (both in Hebrew).

Epstein Rosenblum Maoz (ERM) acts for Israeli companies and investors operating in India.  The partners of Epstein Rosenblum Maoz (ERM) have gained experience acting for foreign investors in various M&A, joint venture, finance and real estate transactions in India.

Epstein Rosenblum Maoz (ERM) has acted for the sellers on the sale the Mitchatnim Group print business and 80% of its Internet business to the Israeli Yellow Pages Group.  The transaction was based on a NIS25,000,000 enterprise value for the Mitchatnim Group. 

Mitchatnim is a leading Israeli print and Internet-based business directory and its acquisition is part of the Israeli Yellow Pages Group strategy to expand and diversify fhe scope of its operations.   The Israeli Yellow Pages Group has been recently acquired by Australia-based private equity fund Babcock & Brown.

Epstein Rosenblum Maoz (ERM) and the Israel Export and International Cooperation Institute hold a conference on international mergers and acquisitions.  The conference is held on 5 September 2007 at the Israel Export and International Cooperation Institute conference hall. 

Amnon Epstein and Nimrod Rosenblum of Epstein Rosenblum Maoz (ERM), Elie Alis (head of international tax at BDO Israel) and Eyal Han (head of mergers and acquisitions at Hapoalim Bank) will be presenting at the conference.

Click here for further information.

Nimrod Rosenblum of Epstein Rosenblum Maoz (ERM) interviews at "The Marker" magazine on various recent initiatives by the Israeli Securities Authority to toughen enforcement of direcotrs' duties in Israeli public companies.  These initiatives follow a number of recent cases in which directors failed to fulfil their duties as required from them. 

Nimrod stated that although such initiatives are often necessary and welcome, the market itself, and in particular institutional investors, should regulate the behaviour of public companies. 

Click here for the article (in Hebrew) or to download a copy.

Globes magazine writes about Epstein Rosenblum Maoz (ERM)'s unique business model and the exceptional Israeli and international experience and expertise of its founding partners and lawyers.

Click here for the article (in Hebrew) or to download a copy.

Lior Aharon joins Epstein Rosenblum Maoz (ERM) as an associate. 

Lior focuses on capital markets, finance and corporate work.  He trained at Bach Arad Sharf & Co and then worked as an associate at the capital markets department of Herzog Fox & Neeman.

Lior has a bachelor degree (LLB) from the Hebrew University of Jerusalem.

Lior can be reached on +972 (3) 6099900 or at aharon@erm-law.com.

Epstein Rosenblum Maoz (ERM) partner Nimrod Rosenblum lectures on mergers and acquisitions at BDO conference.  The talk, attended by executives of various Israeli companies, focused on the various possibilites for acquiring shares and assets available under Israeli law.

Please click here to download a copy of the first presentation and the second presentation (in Hebrew).

Epstein Rosenblum Maoz (ERM) partners Amnon Epstein and Nimrod Rosenblum comment to "the Marker" on various corporate governance issues relating to Bezeq Ltd. 

Bezeq, a Tel Aviv 25 company and a leading Israeli telecommunications company, is controlled by a group headed by Apax Partners.  Recently, Bezeq came under fire for the manner in which its board of directors authorised bonuses for top executives and for reporting irregularities discovered in relation to its subsidiary, Pelephone Ltd, one of Israel's leading mobile phone operators.

Amnon Epstein and Nimrod Rosenblum commented on some of those issues in an article published in "the Marker" magazine.  Click here for the full text (in Hebrew).

Roni Abelski joins Epstein Rosenblum Maoz (ERM) as an associate.  Roni's practice is focused on real estate, projects and finance.

Roni brings Epstein Rosenblum Maoz (ERM) specific experience and expertise in relation to transactions in various German speaking countries, and he will devote part of his time to expanding the firm's capabilities in such jurisdictions.

Roni speaks fluent German, Hebrew and English.

Prior to joining Epstein Rosenblum Maoz (ERM), Roni worked at Balter, Guth, Aloni & Co.  Roni has a bachelor degree in law (LLB) and political science (BA) from the Bar-Ilan University.

Roni can be contacted at abelski@erm-law.com or on +972 (3) 6099900.

Epstein Rosenblum Maoz (ERM) acted for the purchaser on the acquisition of D Rotstein Building and Assets Limited, a public Israeli company listed on the Tel Aviv Stock Exchange.  

This acquisition, of one of Israel's profound and long-standing real estate companies, was entered into on a very tight time table. 

Epstein Rosenblum Maoz (ERM) has advised ABN AMRO Bank N.V. on a €93.7 million facility for Lobito International B.V., a subsidiary of Properties and Building International Investments (2005) Ltd. Allen and Ovary acted as international counsel for ABN AMRO.

Epstein Rosenblum Maoz (ERM) has acted as English counsel in relation to the sale by Vertex Venture Capital of Consul Risk Management to an IBM group company. The transaction involved three jurisdictions (England, the Cayman Islands and the Netherlands).  

During the Tel Aviv Stock Exchange's annual conference in London, held in February 2007, Epstein Rosenblum Maoz (ERM) partner Nimrod Rosenblum (along with other market professionals) was asked by "The Marker" magazine to comment on the attitude of UK investors to Israeli companies wishing to raise money on the London markets. 

Please click here to download the full article.

Epstein Rosenblum Maoz (ERM) has acted as Israeli counsel in relation to the creation of a new capital fund by a US private equity house. The fund is raising funds from individual as well as institutional investors in various jurisdictions, including Israel. Wachtell Lipton Rosen & Katz and Freshfields Bruckhaus Deringer acted as international counsel. 

Jackie Goren, previously Managing Partner of Koor CVC and Vice President, Business Development of Koor Ltd, joins Epstein Rosenblum Maoz (ERM) as special consultant. Jackie will focus on consulting clients in relation to mergers and acquisitions and high-tech and venture capital work. The combination of Jackie's vast experience in the high-tech industry with Epstein Rosenblum Maoz (ERM) legal expertise will provide significant added value to the clients of Epstein Rosenblum Maoz (ERM).

Epstein Rosenblum Maoz (ERM) has been instructed to act for the Future Group, an Israeli company with major international activities in the natural health and cosmetics industry, in relation to the reorganisation of the Group's Israeli and International operations.  The reorganisation includes the acquisition of companies in Russia, the Ukraine and the Baltic states, and the updating of the Group's corporate structure globally.