Electra City Tower
58 Harakevet St.
Tel Aviv
6777016
Eldar Adato
Eldar is an expert in the areas of construction and planning laws and real estate taxation.
Eldar has rich and varied legal experience in the real estate sector. He represents companies, public entities, entrepreneurs, and contractors in real estate and construction and planning projects, and guides them throughout these different projects. Eldar is involved in all stages of the preparation and launch of a project, beginning with the planning stage, then project funding and marketing, through to securing all permits and approvals.
Eldar also represents public and private companies, entrepreneurs, contractors, and residents in urban renewal projects (“vacating and constructing” and “NOP 38”). In this capacity, Eldar provides legal advice for the duration and length of the process and project. This extends from the early exploration steps to negotiations between the entrepreneur and contractor and residents, reporting to tax authorities, planning and construction committee hearings, issuance of permits, banking consultation, and delivery of apartments to owners and registration of their rights.
Eldar is an expert in eminent domain procedures and has been greatly successful in petitions for compensation for the expropriation of lands. He even succeeded in changing legislation dating back to British rule before a panel of seven judges on the Supreme Court. He has won countless suits and judgments that have created legal precedents.
Eldar consults and lectures for different forums. In addition, he is invited as a permanent consultant to Israeli Knesset planning committees.
Prominent legal directory The Legal 500 ranks Eldar in the Real Estate practice area.
Education:
The University of London, England, LL.B. 1995
Admission:
Member of the Israel Bar Association, 1996
Insights & News - Eldar Adato:
Barnea: Representing 120 Apartment Owners in Pinui-Binui Project against Three Recalcitrant Owners
Advs. Eldar Adato and Lauren Shtaiman, from our firm’s Real Estate Department, are advising apartment owners in a residential complex designated for pinui-binui in Herzliya. They represented a group of about 120 apartment owners in court against three recalcitrant owners who are objecting to the project due to their demand for higher recompense from the contractor. The court made the extraordinary decision to order the recalcitrant owners to pay NIS 7.8 million in compensation (NIS 2.6 million apiece). In addition, each recalcitrant owner was ordered to pay NIS 20,000 for legal expenses.
Representation in Class Action for Polluting Ashalim River
Following pollution to the Ashalim River and its surrounding areas in 2017, three plaintiffs filed a class action against Rotem Amfert, a subsidiary of ICL Group, for NIS 400 million. The plaintiffs demanded compensation for the ecological damage caused to the area. Adv. Eldar Adato represented one of the plaintiffs in the class action, which was filed on behalf of all residents of the State of Israel.
Eldar Adato Responds to ITA Solution for TAMA 38 Tax Benefits
The Israel Tax Authority announced a temporary solution for the problem of tax benefits in TAMA 38 projects. Eldar Adato, the head of our firm's Real Estate Department, commented on the proposed solution.