Timor Belan is a Partner with Gornitzky & Co. and has been a member of the firm’s management committee since 2020.
Timor’s fields of activity are diverse and focus on representing private and public companies, investment funds of various types (including private equity funds, venture capital funds, and growth funds), as well as private investors from Israel and abroad, in mergers and acquisitions and investment transactions across various fields and industries. Within this framework, Timor has led and participated in significant transactions in the Israeli economy.
Alongside his work in the field of corporate and commercial law, Timor specializes in compliance and international investigations. He advises private and public companies, including banks, financial institutions, fintech companies, and their officers, on issues relating to compliance with anti-money laundering legislation, prohibition of foreign corruption acts, cyber, and privacy. In these contexts, Timor represents clients in complex legal proceedings—civil, criminal, and regulatory—in Israel and abroad. He has extensive experience in representing financial institutions and international companies in sensitive regulatory matters conducted before law enforcement authorities in Israel and abroad, as well as in accompanying entities in internal investigations and audits. Over the past few years, Timor has led internal investigation proceedings conducted across several continents in collaboration with some of the leading law firms in the world.
Timor also has experience in the field of banking and finance. In this context, he has participated, among other things, in representing major banks in Israel in a wide range of local and cross-border financing transactions, as well as in representing companies in debt settlement procedures with their creditors.
Prior to joining Gornitzky, Timor served for eight years in the Military Advocate General’s Corps and held various positions within it, including senior legal advisor in the Legal Advice and Legislative Affairs department and legal assistant to the Chief Military Advocate General.
Timor was chosen as one of The Marker magazine’s 40 promising young people in 2015.
Highlights of Timor’s activity:
Mergers and acquisitions transactions and investment transactions:
- Representation of a SPAC (Special Purpose Acquisition Company) in a merger transaction (De-SPAC) with a company in the automotive sector, amounting to approximately 4 billion dollars.
- Representation of a SPAC company in a merger transaction (De-SPAC) with a company in the field of information technologies for the fleet vehicle industry, amounting to approximately 1 billion dollars.
- Representation of a SPAC company in a merger transaction (De-SPAC) with an Israeli Fintech company valued at approximately 10 billion dollars (the transaction was not completed).
- Sale of assets of a technology company to a large international corporation, exceeding 100 million dollars.
- Sale of assets of a group of companies to one of Israel’s leading private equity funds, totaling tens of millions of dollars.
- Public offering of an Israeli company in the recycling sector on a Canadian stock exchange, accompanied by the acquisition of companies in Germany and Spain by the same company, partially through a share exchange with the public company.
- Representation of an Israeli Private Equity fund in the acquisition of an industrial company in the field of metal processing.
- A share-exchange transaction between two Israeli companies operating in the financial sector.
- Sale of a company engaged in the development of quality-control processes to one of the leading semiconductor companies, valued at tens of millions of NIS.
- Sale of a software company to a leading international software company specializing in software and hardware, including assistance in establishing a research and development center in Israel.
- Sale of an Israeli company engaged in the development, production, and marketing of consumer products to a U.S.-traded international company, exceeding 50 million dollars.
In the field of compliance and international investigations:
- Representation of Bank Hapoalim, one of the largest banks in Israel, in investigative proceedings in the US regarding suspicions of assisting in the commission of tax offenses by the bank’s American clients.
- Representation of a public corporation with an international presence, suspected of aiding and abetting the bribery of foreign public officials.
- Representing the Bank Hapoalim Trust Company and its officers in criminal proceedings for money laundering and fraud.
- Representation of a controlling owner and chairman of the board of a public company, suspected of insider trading offenses.
