September Edition 2020

17 Carter Ledyard & Milburn Cleary Gottlieb Built on the foundation of 160 years of legal service, one of New York’s oldest law firms, Carter Ledyard Milburn has been representing Israel-based companies for over 20 years in corporate, securities, M&A, as well as litigation, intellectual property, employment, real estate and more. Clients benefit from working with a team comprising qualified Israeli lawyers with experience of both practicing law and advising Israeli clients in the U.S. The Israel practice group is regularly involved in a raft of commercial matters for clients, notably, over the past year in the capital markets space,where the team provided strategic advice in relation to a number of offerings. For example, the teamadvisedon theNIS485million (appx.USD140million) publicofferingofB Communications Ltd. on the NASDAQ and Tel Aviv Stock Exchange (TASE). B Communications is a publicly traded holding company, headquartered in Israel, whose principal asset is a controlling interest in Israeli telecommunications provider Bezeq. Its shares are traded on the NASDAQ Global Select Market and on the Tel Aviv Stock Exchange. The firm also represented global defense technology company, Netanya-based RADA Electronic Industries Ltd., in its public offering on the NASDAQ. For Israel-related work, Steven J. Glusband and Guy Ben-Ami are key contacts in the firm. Headquartered in New York, international firmCleary Gottlieb (“Cleary”) wins striking acclaim for its long history in high profileM&A, high-tech transactions and litigation.Duringthepast year,the teamactedas legal counsel toTemasek in connectionwith the acquisitionof the cybersecurity start-upSygnia, follow on, and post-closingmatters, including relevant privacymatters,with Michael Preston on lead, while Daniel Ilan played a key role in the representation of HOPU Fund Management Company and its affiliates in its investment in Trax Ltd., as well as IP and privacy issues. Trax Ltd is a provider of computer vision and analytics solutions for retailers with business operations in Israel. Last year, the firm advised on International Flavors & Fragrances’ USD 7.1 billion acquisition of Israel-based Frutarom Industries. The firm’s pedigree in litigation was underlined by its representation of D.B.S. Satellite Services (1998) Ltd. (“Yes”) and certain officers in a putative securities fraud class action brought in the United States District Court for the District of New York. The claims arose out of a related-party transaction through which Yes became a fully-owned subsidiary of Bezeq the Israeli Telecommunication Corp. Ltd. (“Bezeq”) and a subsequent investigation of Yes and certain related companies by the Israel securities regulator.