McDonald’s buys back Israel franchise from Omri Padan

Categories: Corporate and M&A

McDonald’s has taken the decision to buy back its Israel franchise after fallout from the pro-Palestinian boycott against the fast food chain.

Agmon with Tulchinsky represented Omri Padan, who had held the McDonald’s Israel franchise for 30 years and built a chain of 225 outlets with 5,000 employees.

The lawyers acting on the deal included Zvi Agmon, Daniel Sekel and Roey Miodovnik, who represented Alonyal Ltd., the operator of the McDonald’s restaurant chain in Israel. Mattan Meridor (Competition), Menachem (Hemi) Lapidor (Labor law), Miriam Sade Fischer (Data Protection), and Dan Smolansky (Commercial Contracts) advised on other related issues.

Erdinast, Ben Nathan, Toledano represented underwriting transactional insurance company Euclid Transactional, with a team led by Eyal Wiesel, Shani Tal Even-Zahava and Kobi Barkan (Corporate) with Eran Lempert and Ta Alon (Tax), Eyal Birenberg (Labor), Daphna Shalev Korenblit (Environment and Regulation), Nitzan Aberbach (Options), Lior Etgar (Data Privacy) and Michal Rothschild and Omri Gissin (Competition).