Eitan S. Erez & Co. - Law Office

Eitan S. Erez & Co. is a premium boutique law firm committed to excellence and to providing dedicated, personalized legal services while maintaining the highest professional standards. Founded in 1987, the firm was inspired by the legacy of Israel's first Minister of Justice, Pinhas Rosen who was the uncle of the late mother of Adv. Eitan Erez. The firm combines extensive legal experience with a client-focused, professional approach. Over the years, it has amassed substantial experience, including approximately 6,000 court appearances across all judicial instances, more than 300 appearances before the Supreme Court of Israel, and the achievement of 15 landmark Supreme Court precedents.

The firm is led by its founding partner, Adv. Eitan Erez, who is recognized as one of Israel's leading practitioners in complex litigation, insolvency proceedings, representation of large groups of claimants, corporate and capital markets law, real estate, and inheritance matters, together with partner Adv. Mor Ben Shushan, who heads the firm's Corporate and Capital Markets Department.

Eitan S. Erez & Co. provides its clients with a comprehensive professional service and does not limit its work to technical legal representation alone. Instead, the firm adopts creative & innovative strategies to protect and advance its clients' interests. The firm also provides strategic counsel and discreetly advises leading companies, business executives, and international clients in connection with complex and sensitive legal matters.

Adv. Eitan Erez, The Firm’s Founder

Adv. Eitan Erez is recognized as one of Israel's leading practitioners in the fields of insolvency, commercial litigation, and corporate restructuring and rehabilitation. Throughout his extensive career, Adv. Erez has distributed more than NIS 1.25 billion to creditors and has managed dozens of companies and industrial enterprises following appointments by the courts and governmental authorities, with particular expertise in the management and rehabilitation of construction companies.

Among his notable appointments, he oversaw the completion of approximately 300 residential units as the liquidator of the Abraham Gindi construction company, served as receiver for the major construction company Baranowitz, completed the construction of 256 holiday apartments in the King's Towers project in Tiberias, and served as the liquidator of the Or City Group, founded by Inbal Or.

Adv. Erez also served as the operating liquidator of the community of Sha'ar Ephraim, home to thousands of residents. Over the years, he has been responsible for numerous court precedents in the areas of insolvency, defamation, contempt of court, and sports law. He has extensive expertise in representing large groups of claimants and purchasers' groups. In addition, he has appeared as a court-appointed office holder before courts in England and the United States in proceedings involving cross-border and international insolvency matters.

Between 2007 and 2015, Adv. Erez served as vise president of the Israel Bar Association, and played an active role in advancing professional and public initiatives within the legal profession.

Alongside his legal and public activities, Adv. Erez is the author of two books: A Lawyer and a Gentleman, published by Globes Publishing house, and The Hour of Embezzlement – The Complete Guide to Protecting Yourself Against Fraud and Scams, published in November 2024 by Kinneret Zmora Dvir Publishing.

On the international stage, Adv. Erez served for several years as Co-Chair of the Anti-Fraud Forum of INSOL Europe, a leading professional organization in the field of insolvency, comprising approximately 1,500 lawyers and accountants from across Europe.

Adv. Erez is also a sought-after lecturer, regularly speaking at professional conferences, academic institutions, public forums, and podcasts on topics including fraud prevention, insolvency law, and purchasers' groups.

Adv. Mor Ben Shushan, Partner

Adv. Mor Ben Shushan is a Partner at the firm and heads its Corporate and Capital Markets Department. She holds an LL.B. from the Peres Academic Center and specializes in civil and commercial litigation, corporate law, capital markets, insolvency, and complex corporate restructuring proceedings.

As part of her practice, Adv. Ben Shushan represents companies, shareholders, and private clients in complex commercial disputes and litigation before all levels of the Israeli courts. In addition, she advises clients on commercial transactions and legal processes, providing ongoing strategic legal counsel in the areas of corporate law and insolvency.

Adv. Ben Shushan has extensive experience in insolvency proceedings, receiverships, stays of proceedings, corporate rehabilitation, and debt restructuring. She represents court-appointed office holders, creditors, corporate officers, and other stakeholders in insolvency proceedings in Israel, as well as in matters involving cross-border insolvency, working closely with legal professionals and other experts outside Israel.

Among the significant matters she is handling are the representation of 745 victims of the Mike Ben Ari Ponzi scheme, involving approximately NIS 600 million; the representation of hundreds of victims affected by the Slice Provident Funds affair; the representation of 518 families who purchased apartments in a residential project in Kiryat Gat, where construction was halted following the collapse of the contractor Machamid Tawfik; and the representation of members of the group affected by the collapse of Rom Kinneret.

As part of her international practice, Adv. Ben Shushan has appeared in legal proceedings before courts in Thailand and Hungary, working in cooperation with local law firms.

In addition, Adv. Ben Shushan is certified to prepare Enduring Powers of Attorney and advises clients in this area, tailoring long-term legal solutions to their personal and family needs.

Adv. Ben Shushan combines in-depth legal expertise with a personal approach, commercial insight, and strategic thinking, enabling her to guide clients through complex, sensitive matters with significant legal and financial implications.

The Firm's Notable Matters

Representation of 742 Creditors in the Mike Ben Ari Ponzi Scheme Insolvency Proceedings
The firm represents 742 creditors in the international insolvency proceedings arising from the collapse of the Mike Ben Ari Ponzi scheme, involving approximately NIS 600 million. The fraud affected approximately 1,000 investors, who were induced to invest in a fictitious investment fund known as Blue River. The case received extensive media coverage in Israel, including two investigative episodes of the TV program HaMakor.
This highly complex cross-border insolvency matter spans 10 jurisdictions and includes applications to commence insolvency proceedings, the liquidation of foreign entities, recognition of Israeli insolvency orders in the United States, South Africa, and Montenegro, and the establishment of landmark precedents concerning the adjudication of proofs of debt in Ponzi schemes, service of process outside Israel, and office holders' remuneration.
The firm also conducted proceedings against the Israel Securities Authority regarding the forfeiture of assets and handled the submission and management of claims on behalf of the 742 creditors. The creditors' representation is led by Adv. Mor Ben Shushan in coordination with the court-appointed trustee, Adv. Lior Dagan. As part of the representation, Adv. Eitan Erez and Adv. Mor Ben Shushan traveled on numerous occasions to Serbia, Montenegro, and Hungary to assist the trustee in asset recovery and related legal proceedings. To date, approximately NIS 50 million has already been distributed to creditors, with additional recoveries expected.

Representation of Hundreds of Victims in the Slice Provident Funds Affair
The firm represents hundreds of pension savers affected by the Slice Provident Funds affair, in which approximately NIS 900 million in pension savings disappeared. As part of its representation, Adv. Erez and Adv. Ben Shushan are conducting negotiations with potential debtors and other parties in an effort to recover tens of millions of U.S. dollars for the victims.

Representation of a Purchasers' Group in the Insolvency of Machamid Tawfik Construction Company
The firm represented 518 families who purchased apartments in Kiryat Gat following the collapse of the contractor Machamid Tawfik, whose insolvency involved debts of approximately NIS 1 billion.
The representation included obtaining the purchasers' release from the creditors' arrangement, replacing the original contractor, securing interim relief, and enforcing autonomous bank guarantees totaling NIS 17 million. Following an extensive legal process, the purchasers successfully disengaged from the insolvency proceedings, engaged a replacement contractor, and ultimately took possession of their homes.

Inbal Or Group – One of Israel's Largest Construction Insolvency Cases
The firm led the insolvency proceedings concerning the Inbal Or Group, one of the largest construction and real estate insolvency matters in Israel. The proceedings involved hundreds of millions of shekels in liabilities owed to approximately 700 creditors.
The firm's work included completing construction projects, realizing assets, and pursuing claims against corporate officers. The proceedings resulted in a landmark judicial ruling recognizing a group of companies under common ownership as a single corporate cluster, permitting the lifting of the corporate veil where extensive intercompany transfers had taken place. The case also significantly expanded the professional liability standards applicable to lawyers and accountants, leading to the recovery of tens of millions of shekels from professionals and their insurers.

Representation of Purchasers in the SEA TOWER 5 Project – Rom Kinneret Collapse
The firm represents members of the purchasers' group in the SEA TOWER 5 residential project in Bat Yam, following the collapse of Rom Kinneret. The representation focuses on completing the project and enabling the purchasers to receive their apartments.

Representation of Creditors in the Eldad Perry Insolvency Proceedings
The firm represents creditors in the insolvency proceedings of Eldad Perry and the bankruptcy estate of the late Eldad Perry, including 50 families affected by the collapse of the Horizon Bat Yam project, which was ultimately sold to a third party for approximately NIS 270 million.
The representation also included pursuing claims against corporate officers and legal advisers of the Eldad Perry Group based on allegations of personal liability.

Representation of Minority Shareholders of Cofix Group
The firm represented the minority shareholders of Cofix Group in proceedings seeking approval to file a derivative action against Rami Levy Hashikma Marketing Ltd. The matter concluded successfully through an appropriate tender offer that protected the interests of the minority shareholders.

Corporate Rehabilitation - Livestock Farming Enterprise
The firm represented a livestock breeding and cattle-fattening business with liabilities totaling approximately NIS 72 million, formulating a rehabilitation plan and creditors' arrangement aimed at restoring the business to financial viability.

Recovery of Stolen Real Estate on Behalf of the Zutshka Hasidic Community
The firm represented the Zutshka Hasidic community of Bnei Brak in proceedings to recover real property that had been unlawfully taken. The litigation concluded with a comprehensive judgment restoring land valued at more than NIS 20 million to its rightful owners.

Celopark Australia - Major Commercial Settlement
The firm represented Celopark Australia in defending a NIS 22 million claim filed in Tel Aviv. Through strategic case management, the dispute was successfully referred to mediation, resulting in a settlement that satisfied the client's objectives.