Mass Transit BOT Project for the Tel Aviv Metropolitan Area

Our firm represents the bidder awarded a USD 2 billion BOT concession for the Tel Aviv Light Rail Project. Following the termination of the concession by the Israeli government, arbitration proceedings were initiated with respect to the legality of the termination.

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Our firm represents the  successful bidder who was awarded a USD 2 billion BOT concession for the development of the first line of the Tel Aviv Light Rail Project, following a complex tender process. While seeking to secure financing and achieve financial close during the height of the financial crisis, the Israeli government terminated the concession. We are currently representing the successful bidder in an arbitration with respect to the legality of the termination of the BOT concession, which is the largest formal infrastructure dispute to arise in Israel.  
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