THE US-ISRAEL - Legal Review 2026

39 A&O Shearman Before the firm’s merger with Shearman & Sterling, Allen & Overy had been active in the Israeli market for over 25 years. Following the 2024 transatlantic merger, A&O Shearman’s Israel practice enjoys a towering reputation, supporting clients in corporate finance, strategic M&A, divestments, joint ventures, public takeovers, refinancings, and IPOs. This past year, the firm earned an Elite ranking in the energy sector. With an on-the-ground presence in Tel Aviv, the Israel Group is fronted by senior corporate lawyer Lee Noyek (Partner, London), who advised Xero Ltd. in relation to certain Israeli aspects of its acquisition of Melio, a US-based payments platform built by Israeli founders, in a major fintech exit. With regards to litigation and arbitration, Mark Levy KC (Partner, London) and the International Arbitration team acted for Israeli businessman Eytan Stibbe, founder of the Vital Capital investment fund, in a highly complex commercial arbitration seated in London, which resulted in a complete dismissal of all claims asserted against him and a company under his control. Performing very well in banking and energy, the firm advised project lenders on complex infrastructure financings. Visit: Israel Page Carter Ledyard & Milburn Carter Ledyard & Milburn (“CLM”), one of New York’s oldest law firms with a 170-year history, maintains a well-established Israel practice advising Israeli companies on corporate, securities, and M&A matters. In 2025, the firm was particularly active in cross-border transactions, with a strong focus on M&A and capital markets transactions, scooping an Elite ranking in Capital Markets (Value). The practice reflects a sustained commitment to Israeli clients operating internationally, combining US transactional capability with familiarity in Israeli business and regulatory environments. The team has also recently added new real estate and high-tech clients. The team is led by Israeli Cross-Border Chair, Guy Ben-Ami (Partner, New York), and stars Steven Glusband (Chair of Securities, New York) and Bryan J. Hall (Chair of M&A, New York). Both Hall and Ben-Ami supported BrainsWay Ltd., an Israeli-headquartered, Nasdaq- and TASElisted developer of non-invasive neurostimulation treatments, on a series of strategic minority investments in US mental health platforms, including Axis Integrated Mental Health, Heading Health and Stella MSO, LLC. The firm also advises on a range of capital markets transactions, including primary and secondary offerings for Israeli issuers. In addition, the team acted on the merger between Matrix IT Ltd. and Magic Software Enterprises Ltd., creating a combined Israeli IT services group valued at approximately USD 4 billion. Visit: Israel Page Chapman and Cutler Chapman and Cutler (“Chapman”) acts as a key bridge for Israeli financial institutions, trustees, and investors entering the US market, particularly in finance and restructuring matters. The firm’s Israel Practice is led by Michael Friedman (Partner, New York), who also heads Chapman’s Special Situations and Restructuring Group and regularly advises Israeli lenders, bond trustees, and investment funds on cross-border financings, restructurings, and bankruptcy-related matters involving US assets and borrowers. A significant portion of the firm’s work involves representing Israeli bondholders and trustees in complex US-linked restructurings. Chapman represents the bond trustee in the restructuring of approximately USD 275 million of TASE-traded bonds issued by Zarasai Group Limited, among several other restructurings. ISRAELDESKS LEAGUE TABLES 2026

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