Mr. Sitton is a partner in FBC's Corporate Department. Prior to joining FBC, he was a partner in the corporate practice group of the international firm Dentons in New York, where he led the firm's Israel practice.
Mr. Sitton utilizes his fluency in Hebrew and English, his familiarity with both American and Israeli business cultures and legal systems, and his broad network of global contacts to better advise Israelis doing business abroad and international clients doing business in Israel. He is experienced in structuring, negotiating and driving multiparty/multidisciplinary domestic and cross-border transactions.
While practicing in New York, Mr. Sitton’s practice focused on representation of investment funds and their portfolio companies in all aspects of business, including M&A, financing and investment, and equity holders' arrangements, as well as general corporate matters. He also represented sole proprietorships, corporations, partnerships, and LLCs in all phases of business organization, corporate and financial transactions, joint ventures, and day-to-day operations.
Mr. Sitton is active in several organizations promoting trade and cooperation between Israel and the United States.
Supreme Court of the United States, 2000
New York, 1999
Fordham University School of Law, New York, LL.M., (International Business and Trade), 1998
College of Management (COMAS) School of Law, Israel, LL.B., 1996
Banking & Financial Services
Israel | 15 January 2019
The Corporate Finance Department at the Israel Securities Authority recently issued its Staff Legal Bulletin on dual-listed companies. The bulletin is a summary of the most up-to-date information on the issuance, reporting, listing and delisting of dual-listed companies and is intended to clarify and reflect these processes for dual-listed companies and companies considering dual listing.
Israel | 11 January 2019
The Law for the Reduction of Cash Use, which came into force on 1 January 2019, imposes certain restrictions on the use of cash and cheques that do not name the payee. The law aims to reduce cash transactions in an effort to fight financial crime and money laundering and foster the use of more modern and efficient payment methods. Violation of the law may constitute a criminal offence, resulting in financial penalties and imprisonment.
Israel | 22 January 2021
Among the primary tools for encouraging inbound investments in Israel is the special tax regime for private investment funds. Over the years, the Tax Authority has issued substantial guidance and numerous private rulings under the Income Tax Ordinance, providing significant tax benefits to foreign investors and private investment funds operating in Israel. This article outlines the income tax arrangements applicable to private investment funds operating in Israel.
Insolvency & Restructuring
Israel | 19 October 2018
This update has been removed on request by the contributing firm.