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Is Israel Ready for a Corporate Court? 1 - 2

The invitations to the Institute for Law and Economics’ May conference in Tel Aviv were in Hebrew and English, as befitted a conference that focused on U.S. private equity in Israel and on the possibility of cloning the Delaware Court of Chancery.

Saul A. Fox L’78 of Fox Paine looked back on his firm’s $100 million acquisition of Paradigm Geophysical in 2002, and its progress since then, with its founder, Eldad Weiss, and Fox Paine’s U.S. lawyer on the deal, Mitchell Presser of Wachtell Lipton, providing perspective on the operational and legal aspects of the deal. In a later session, U.S. and Israeli deal lawyers discussed the implications of selling Israeli companies to American private equity firms.

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