Sichenzia Ross Friedman Ference LLP Announces the Formation of Its Israel Practice Group
NEW YORK, Dec. 12, 2008 (GLOBE NEWSWIRE) — Sichenzia Ross Friedman Ference LLP (SRFF) is pleased to announce the formation of its Israel Practice Group. SRFF is currently a leading law firm in the United States representing Israeli companies in PIPE financing transactions as well as organic direct public offerings. The SRFF Israel Practice Group is comprised of partners of the firm as well as attorneys who are fluent in both Hebrew and English.
SRFF has been the number one law firm in the United States for the past five consecutive years in terms of the number of issuers represented in PIPE transactions, as ranked both by Private Raise and Saigent Research publishers of Placement Tracker.
“We have seen a lot of exciting and promising companies emerge recently from Israel along with substantial interest by Americans to do business with these companies,” said Marc Ross, founding partner of SRFF. “We are excited to have designated a select group of attorneys, those with close ties to Israel, to help develop our Israeli practice and focus their attention on helping Israeli companies raise money and obtain listing on U.S. Exchanges.”
Marc Ross, along with Jonathan Shechter, an Israeli national, will be spearheading the Israel Practice Group. Remarking on the opportunity, Jonathan Shechter stated, “Having grown up in Israel, I realize that Israel’s culture and the mentality of its citizens is unique, which plays in to the approach and business development of Israeli companies.”
This group is not only experienced in the Israeli markets, but also recognizes the needs of Israeli companies and is focused on expanding the synergy between Israeli and American interests.