40 DAC Beachcroft Israel is an important region for DAC Beachcroft, with 2023 seeing the Group act for a raft of clients in high-stakes litigation and arbitrations. The firm was especially prominent in class actions, litigation, product liability and contract disputes, as well as pension and shareholder disputes. The compact team features the experience of London-based trio Clarissa Coleman, Chris Wilkes and Ilana Gilbert, especially active throughout 2023. Davis Polk Comprising a team of Hebrew speakers and graduates from Israeli law schools, the 37-strong group is often involved in the country’s milestone transactions. The firm’s co-heads of the Israel Practice are head of the Corporate department, Michael Kaplan, M&A partner Lee Hochbaum, and New York litigation partner, Benjamin S. Kaminetzky, who acts for clients in complex commercial and bankruptcy litigations in courts across the U.S. Harold Birnbaum led one of 2023’s most striking M&A transactions - advising Smith+Nephew, a U.K.-based portfolio medical technology business and equipment manufacturer, on its USD180 million acquisition of CartiHeal, a privately held medical device company based in Israel and New Jersey. The target develops proprietary implants for the treatment of cartilage and osteochondral defects. Dechert Philadelphia-born firm Dechert has been involved in Israel-related matters for more than 40 years and offers a 24-strong team led by Adam Levin, who also co-heads Dechert’s Corporate group in London, while fellow London partner, Douglas L. Getter also brings experience in cross-border M&A transactions involving Israeli parties. In 2023, the team was involved in a number of capital raisings involving Israeli clients. New York global finance partner, Andrew Pontano, who also leads Dechert's Asset Finance and Securitization group, was an integral part of multiple financing transactions in 2023. Among them, he acted for Pagaya Structured Products LLC in its fourth securitization of unsecured consumer assets, as well as a USD285 million 144A Private Asset Backed Securitization backed by automobile loan receivables. Managing Partner of the Boston office and is the global Chair of Dechert’s Cybersecurity & Privacy Practice, Brenda Sharton acted for Flo Health, Inc. in a putative class action pending in Israel on behalf of all Israeli users of the Flo fertility tracking App. This dispute focused on the alleged sharing of users’ data with third-party analytics divisions.
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