Chaim Friedland, a partner at Gornitzky & Co., was featured in an article in The American Lawyer magazine on the rising business activity in Israel’s financial markets and the growing number of Israeli companies listed outside Israel.
Mr. Friedland attributes the growth to the fact that, “The companies that are coming out of Israel are highly innovative and cater to global markets. They have outgrown the size of the Israeli stock exchange.” Mr. Friedland believes that Israeli companies’ natural affinity for US stock markets creates an opportunity to raise US investors’ awareness of Israeli companies. This, together with the inviting Israeli regulations for foreign investors, has had a major hand in the economic turnaround Israel has witnessed over the last year.
