Israel Opportunity Energy Resources

Issuer's counsel at Israel Opportunity - Energy Resources, LP NIS 119 million TASE IPO

July 2010

Israel Opportunity - Energy Resources L.P. (TASE:ISOP) has completed its IPO on the Tel Aviv Stock Exchange raising approx. NIS 119 million

A team of lawyers led by Adv. Itay Brafman, a Partner at Dr. ZEEV HOLENDER and the head of its Capital Markets and Oil & Gas practices, has represented "Israel Opportunity - Energy Resources L.P." at its initial public offering (IPO) of securities on the Tel Aviv Stock Exchange (TASE). Our law firm provided legal counsel as to the incorporation of the limited partnership, drafting the prospectus drafts, obtaining approvals from Israel Securities Authority (ISA) and the IPO.
The legal opinion included in the prospectus, regarding the special taxation rules applying to the unitholders of the partnership, was rendered by Dr. Zeev Holender, Adv.
[Source: filings open to the public on the official website of the Tel Aviv Stock Exchange]