News & Publications

Representation of Tower Semiconductor Ltd. in its acquisition by Intel, at a value of $5.4 billion (!)

Mega deal right out of the gate in 2022! We are excited to share that our firm has had the honor of representing our long-standing client, Tower Semiconductor Ltd., the Israeli chipmaker, in its acquisition by Intel, at a value of $5.4 billion (!) This deal is one of the largest M&As in the Israeli […]

Avraham Well & Sharon Rosen & Ron Sitton & Yuval Peled & Tal Eyal-Boger & Ziv Schwartz & Moran Friedman & Etti Dolev & Omri Rachum-Twaig, Dr. & Audrey Abensur & Yahel Arckens | Mar 2022 | Transaction

Establishing an Investment Fund in Israel

An article by FISCHER’s Anat Shavit, partner and Head of Tax practice and Corporate partners, Ron Lehmann and Ron Sitton, on Establishing an Investment Fund in Israel, was featured in the Japan Outbound Investment Guide published by Asia Business Law Journal. Click here to read the full article> https://law.asia/establishing-investment-fund-israel/  

Anat Shavit & Ronald Lehmann & Ron Sitton & Yuval Peled | May 2021 | Publication

FBC Tax Update: Taxation of Investment Funds

Among the primary tools for encouraging inbound investments in Israel is the special tax regime for private investment funds. Over the years, the Tax Authority has issued substantial guidance and numerous private rulings under the Income Tax Ordinance, providing significant tax benefits to foreign investors and private investment funds operating in Israel. This article outlines […]

Anat Shavit & Yuval Peled & Ron Sitton & Ronald Lehmann | Jan 2021 | Publication

Establishing a Business in Israel – a Guide by FBC

FBC’s Ron Lehmann, Ron Sitton and Audrey Abensur authored the ‘Establishing a Business in Israel’ guide for the Thomson Reuters Establishing a Business in … Global Guide 2020. See here

Ronald Lehmann & Ron Sitton & Audrey Abensur | Sep 2020 | Publication

New Bulletin Aims to Clarify Dual Listing Process

The Corporate Finance Department at the Israel Securities Authority issued a Staff Legal Bulletin – Dual-listed companies: issuance, reporting, listing and delisting. It is a summary of the most up-to-date information on the issuance, reporting, listing and delisting of dual-listed companies, intended to clarify and reflect those processes for dual-listed companies and companies considering dual […]

Sharon Rosen & Ron Sitton | Jan 2019 | Publication

Law for the Reduction of Cash Use introduced

Law for the Reduction of Cash Use introduced Introduction On 18 March 2018 Parliament enacted the Law for the Reduction of Cash Use (5778/2018), which came into force on 1 January 2019. The law imposes certain restrictions on the use of cash and cheques that do not name the payee. It aims to reduce cash […]

Ron Sitton | Jan 2019 | Publication

Representation of DSM Venturing in its investment in RayCatch

Representation of DSM Venturing and its co-investors in a Series B round investment in Israeli startup company – Raycatch – AI Diagnostics for Solar Energy. DSM (see: (see here) is a purpose-led global science-based company in Nutrition, Health and Sustainable Living.  RayCatch (see here) is an AI diagnostics technology for solar energy, on a mission […]

Ron Sitton & Ute Klose-Goldstein | Oct 2018 | Transaction

Establishing a Business in Israel – a Guide by FBC

FBC’s Ron Lehmann, Ron Sitton, Carolyn Zeimer Vigodny and Audrey Abensur authored the ‘Establishing a Business in Israel’ guide for the Thomson Reuters Establishing a Business in … Global Guide 2018. See here.

Ronald Lehmann & Ron Sitton & Audrey Abensur | Aug 2018 | Publication

Legal Environment Report of The “Belt and Road” Countries

FBC co-authored the Israel chapter of the Legal Environment Report of the “Belt and Road” Countries, published by the All China Lawyers Association. Please click here to read the full report (Chinese translation follows the English).

Ron Sitton | Jan 2018 | Publication

Representation in a purchase of a floating drydock vessel

Advised Hendry Marine Industries of Tampa, Florida, in its purchase of a floating drydock vessel from Israel Shipyards. Hendry Marine consists of a diverse range of maritime businesses including commercial and government ship repair, stevedoring and marine terminal operations, marine environmental services, sandblasting and coating, and maritime employee staffing.  

Ron Sitton | Nov 2017 | Transaction

Representation of WCG Properties Ltd in its NIS 435 million debt raise in Israel

FBC represented WCG Properties Ltd, a company incorporated in the British Virgin Islands, which owns 10 hotels in the United States, in an initial public offering of debentures on the Tel Aviv Stock Exchange. The total amount raised by the Company in the issuance, which was accompanied by private placements made immediately upon completion, was […]

Boaz Noiman & Ron Sitton | Jul 2017 | Transaction

FBC represented Applied Immune Technologies Ltd. in a complex merger transaction

FBC represented Applied Immune Technologies Ltd. (“AIT”), a drug development company specializing in therapeutic applications for cancer and other autoimmune diseases, owned by Technion Research and Development Foundation Ltd., Technion Investment Opportunities Fund, OrbiMed Israel Partners Limited Partnership, Novartis Bioventures Ltd., Pontifax funds and others, in a complex merger transaction for the purchase and sale […]

Raz Tepper & Ron Sitton | Jan 2016 | Transaction

FBC represented Bright Food in a Refinancing Transaction of approx. NIS 2B

FBC represented Bright Food (Group) Co., Ltd. and its affiliated entities in a financing transaction with Bank Hapoalim of approx. NIS 2 billion bank loan of Ap.Ms.Tn Holdings, Ltd. through which BFG holds its control interest in the Tnuva Group. The refinancing transaction was consummated simultaneously with the closing of the purchase transaction in which […]

Avraham Well & Ronald Lehmann & Ron Sitton & Warren Wienburg | Apr 2015 | Transaction

Sale of Control Stake in Tnuva to Bright Food Completed

FBC represented Bright Food (Group) Co., Ltd. and its affiliated entities in closing the purchase transaction of the control stake in the Tnuva Group from the Apax funds and Mivtach Shamir. The Sale and Purchase Agreement was signed in May 2014 and the closing of the transaction was in March 2015. BFG, the second largest […]

Avraham Well & Boaz Noiman & Ron Sitton | Apr 2015 | Transaction

FBC advises Credit Suisse NEXT Investors in its investment in Secure Islands

FBC advises Credit Suisse NEXT Investors in its investment in Secure Islands

Ron Sitton & Moran Friedman & Warren Wienburg | Sep 2014 | Transaction

FBC advises China’s Bright Food Group in its acquisition of the controlling interest in Tnuva at a company value of NIS 8.6B

FBC advises China’s Bright Food Group in its acquisition of the controlling interest in Tnuva at a company value of NIS 8.6B – the largest Chinese investment in Israel

Amir Chen & Avraham Well & Tal Eyal-Boger & Yoram Bonen & Ron Sitton & Boaz Noiman & Moran Friedman & Moran Rabbia-Perera | May 2014 | Transaction

FBC Advises Toshiba Corporation in its investment in Zadara Storage

FBC advises Toshiba Corporation in Israeli aspects of its investment in Zadara Storage Ltd.

Ron Sitton | Mar 2014 | Transaction

FBC advises Crescent Capital IN $20M financing transaction

FBC advises Crescent Capital, in Israeli aspects of its $20M financing of KKR’s acquisition of Alliance Tire Group.

Ron Sitton & Miri Kimhi | Jun 2013 | Transaction

FBC advises Horizon Technology Finance Corporation and Fortress Credit in financing transaction

FBC advises Horizon Technology Finance Corporation and Fortress Credit, in Israeli aspects of their financing of Kaminario, Inc. and Kaminario Technologies Ltd.

Ron Sitton & Miri Kimhi | Jun 2013 | Transaction

FBC advises Psomas in Israeli transaction

FBC advises Psomas in Israeli aspects of a transaction with Takadu Ltd.

Ron Sitton | Apr 2013 | Transaction

FBC advises Monsanto in investment in Evogene and acquisitions of Rosetta Green and the Beelogics group of companies

FBC advises Monsanto, in an investment in Evogene, a publicly traded Israeli company that develops genetic engineering technology, in its acquisition of Rosetta Green, a public Israeli company, and the Beelogics group of companies.

Hagar Keren-Hackim & Amit Dat & Itiel Ben-Haim & Ronald Lehmann & Raz Tepper & Ron Sitton & Anat Shavit | Feb 2013 | Transaction

FBC advises Deutsche Bank in financing transaction

Deutsche Bank in financing transaction in certain Israeli aspects of a financing transaction with Delek Motors Ltd. and Delek Automotive Systems Ltd.

Ron Sitton | Dec 2012 | Transaction