Gissin & Co. Advocates is a leading Israeli law firm specializing in international insolvency and restructuring. Established in March 1994, Gissin& Co. has accumulated significant expertise in the fields of insolvency and debt restructuring, capital markets, commercial litigation M&A and international transactions.
Over the last decade, the firm has been involved in most of Israel's major international insolvency and restructuring proceedings such as All Year, Urbancorp, B Communications, Brookland, Starwood, Elad US, Africa-Israel, Mirland, Cyren Ltd. and more.
The firm collaborates with leading foreign law firms in order to participate and monitor foreign legal proceedings, realize assets and maximize recovery for creditors in multinational insolvency proceedings.
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Buoyant travel demand over the summer has given the travel and tourism industry some much-needed respite in recent months. However, the outlook has already begun to soften as accelerating macroeconomic and geopolitical headwinds start to blunt the growth momentum.
The latest Begbies Traynor “Red Flag Alert” report, which has provided a snapshot of British corporate health for the past 15 years, paints a worrying picture for UK businesses as nearly 40,000 companies are revealed to be in a critical financial situation as the pressure of higher interest rates, resilient inflation and weaker consumer confidence take their toll.
British retail sales dropped more than expected in September, coinciding with the sharpest drop in consumer confidence in more than three years, snapping signs of a recovery in August.