Alan Sacks

Partner

Alan arrived in Israel shortly after having qualified as a Solicitor in England, and since then has divided his practice between two main areas of corporate law and banking and finance.

In the area of M&A, Alan has been responsible for some of the largest and most significant transactions in Israel. Notable transactions include having represented the Bronfman Group in its acquisition and subsequent disposal of Koor Industries Ltd, at the time Israel’s largest industrial conglomerate; representing the Safra family of Brazil in their sale of a controlling interest in First International Bank and Cellcom Israel Ltd, Israel’s largest cellular telephone operator; representing the Hutchison Group of Hong Kong in its disposal of a controlling interest in Partner Communications Company Ltd; representing the Cerberus Group in its successful acquisition of a potential controlling block of shares in Bank Leumi L’Israel BM from the State of Israel; representing First International Bank in its acquisition of Investec Bank (now rebranded as UBank).

In the Banking and Finance sector, Alan’s cross-border expertise, as well as his familiarity with all aspects of banking regulation, have made him the leading practitioner in the international banking arena on all aspects of banking activity, including regulatory and licensing issues, syndicated cross-border lending, corporate finance, derivatives and other financial instruments and aircraft finance.

Alan has represented almost all of the major international financial institutions active in Israel. Alan represented a consortium of 26 international banks in the restructuring of the indebtedness of Koor Industries Ltd, Israel’s largest debt “workout” to date; Alan has acted on numerous occasions for Citibank, HSBC, Deutsche Bank, Barclays Capital, RBS, Goldman Sachs, Credit Suisse and Ex-Im Bank, as well as Israel’s major banks in their international financing transactions.

Alan’s expertise in both the area of M&A and the banking sector have resulted in his having been involved in all major bank acquisitions in Israel over the last two decades.

Contact Info

T +9723-6922072 F +9723-6966464 sacksa@herzoglaw.co.il V-card
Highly valued for his practical approach to banking issues Chambers Global Highly professional Legal 500 Practical and business-minded Legal 500
  • Israel Bar Association, 1985
  • England, 1981
  • University of Cambridge, England, MA (Law)
  • University of London, England, LL.M
  • Leading Individual in Banking & Finance (The Legal 500 2020).
  • Band 1 in Banking & Finance and Band 2 in both Corporate/M&A and Transportation: Aviation (Chambers Global 2020).
  • Market Leader (IFLR 1000 2020).
  • Recommended in M&A (Who's Who Legal 2020).
  • Recommended in Foreign Investment Review (Who's Who Legal 2020).
  • Ranked in Banking & Finance (The Legal 500 2019).
  • Band 1 in both Banking & Finance and Corporate/M&A and Band 2 in Transportation: Aviation (Chambers Global 2019).
  • Market Leader (IFLR 1000 2019).
  • Accepted the award Israel’s M&A Legal Adviser of the Year for the firm (Mergermarket 2019).
  • Recommended in M&A (Who's Who Legal 2019).
  • Recommended in Foreign Investment Review (Who's Who Legal 2019).
  • Ranked in Banking & Finance (The Legal 500 2018).
  • Band 1 in both Banking & Finance and Corporate/M&A and Band 2 in Transportation: Aviation (Chambers Global 2018).
  • Market Leader (IFLR 1000 2018).
  • Ranked in Banking & Finance (The Legal 500 2017).
  • Band 1 in both Banking & Finance and Corporate/M&A (Chambers Global 2017).
  • Market Leader (IFLR 1000 2017).