"Norman Menachem Feder is renowned for his work on complex financial instruments." (Chambers and Partners)

Norman Menachem Feder

Tel: +972 (3) 796.1220 Fax: +972 (3) 796.1320 Email: nmf@caspilaw.com

Norman Menachem Feder manages the firm’s international department.  He focuses his practice on cross-border transactions, including in banking, corporate and structured finance, derivatives, investment management, procurement, technology ventures and philanthropy.  He also advises universities on internationalism in higher education.  Mr. Feder has won a number of industry awards and is commonly acclaimed by professional review publications.

Before joining the firm, Mr. Feder practiced law for six years with Cleary, Gottlieb, Steen & Hamilton in New York.  Prior to embarking on private practice, he served as a judicial law clerk to Deputy Chief Justice Menachem Elon of the Supreme Court of Israel and, prior to that, to Judge Roger Miner of the United States Court of Appeals for the Second Circuit.  Before his judicial clerkships, Mr. Feder was a Luce Scholar, in the capacity of which he acted as a criminal investigator in Singapore for Singapore’s Ministry of Finance.

Mr. Feder is a graduate of the New York University School of Law with numerous honors.  He is an Adjunct Lecturer on derivatives at the Tel Aviv University Law School and the Interdisciplinary Center Herziliya and was an Adjunct Professor on international law at the Benjamin N. Cardozo School of Law in New York.  Mr. Feder has authored many professional and academic articles on law and finance and was editor-in-chief of the New York University Journal of International Law & Politics.  He also was an editor of the 4-volume Hebrew to English translation Jewish Law: History, Sources, Principles.


  • New York University, J.D. (1987)
  • Columbia University, M.A. (1984)
  • Columbia University, A.B. (1983)

Bar Admissions

  • Israel (1997)
  • New York (1988)

Judicial Clerkships

  • Deputy President Justice Menachem Elon, Israeli Supreme Court
  • Hon. Roger J. Miner, U.S. Court of Appeals for the 2d Circuit

Practice Areas


  • Market in the Remaking: Over-the-Counter Derivatives in a New Age, 11 Va. L. & Bus. Rev. 309 (2017) (English)
  • Israel Chapter, SECURITISATION, Global Legal Group (2016) [with co-author] (English)
  • How Biotech Startups Survive the Funding Crunch: Options Deals, HAARETZ (INTL.ED) (May 21, 2014) (English)
  • A New Financing Model [in Biotech], HAARETZ INNOVATE-TECH (May 2014) (Hebrew)
  • The Ministry of Justice Distances Foreign Capital, HA'ARETZ - THE MARKER (July 4, 2013) (Hebrew)
  • Fix the Broken Partnerships Ordinance, GLOBES at 23 (March 4, 2013) (Hebrew)
  • What is the Future of the Sovereign CDS Market?, BANKING at 26 (Apr, 2012) (Hebrew)
  • Israel chapter, PRODUCT LIABILITY, Global Legal Group (2013) [with co-author] (English)
  • Israel Chapter, HEDGE FUNDS, The European Lawyer (2011) (English)
  • Think Again about Your Sovereign Hedge, HA’ARETZ – THE MARKER at 37 (Nov. 20, 2011) (Hebrew)
  • Israel Chapter, DIRECTORS' LIABILITY AND INDEMNIFICATION, Global Bus. Publishing (2011) [with co-author] (English)
  • Let a Thousand Hedge Funds Bloom, HA’ARETZ – THE MARKER at 60 (Feb. 20, 2007) (Hebrew)
  • Let a Thousand Hedge Funds Bloom, HA'ARETZ (INT’L ED.) at 12 (Feb. 22, 2007) (reprint in English)
  • Deconstructing Over-the-Counter Derivatives, 2002 COLUM. BUS. L. REV. 677 (English)
  • The Impropriety of Class Action Tolling for Mass Tort Statutes of Limitations, 64 GEO. WASH. L. REV. 532 (1996) [with co-author] (English)
  • MENACHEM ELON, JEWISH LAW: HISTORY, SOURCES, PRINCIPLES (B.Aurbach & M. Sykes transl. 4 vols.), Assistant Editor (1994) (English)
  • Reading the U.N. Charter Connotatively: Toward a New Definition of Armed Attack, 19 N.Y.U. J. INT'L L. & POL. 395 (1987) (English)

Public Engagements

  • Panel Participant, FINANCING THE FUTURE: FINANCIAL INNOVATIONS AND GOVERNMENT POLICY FOR GROWTH AND SOCIAL COHESION, The Israel Business Conference for Growth and Social Cohesion, Tel Aviv, Israel (Nov. 12. 2011)
  • Panel Participant, ETHICS IN INTERNATIONAL DISPUTE RESOLUTION, Annual ABA Section of International Law Joint Conference with the Israel Bar Association - Law & Business: U.S./Israel/Global Relationships, Eilat, Israel (May 31. 2011)
  • Presenter, Financing Solid Waste Management, FINANCIAL INNOVATION LAB: SOLID WASTE MANAGEMENT, Milken Institute -- Jerusalem, Israel (Jan. 10, 2011)
  • Presenter, Revolving Water Fund, FINANCIAL INNOVATION LAB: WATER REVITALIZATION, Milken Institute -- Jerusalem, Israel (Nov. 5. 2008)
  • Presenter, Structured Credit Products in Israel: Consumption without Production, ADVANCED FINANCIAL PRODUCTS: INTERNATIONAL AND LOCAL TRENDS, Caesarea Center for Capital Markets and Risk Management, Inter-Disciplinary Center -- Herziliya, Israel (Feb. 20, 2007)
  • Presenter, The Complexity and Simplicity of Securitization, THE NEXT FINANCIAL REVOLUTION, Maariv Congress -- Tel Aviv, Israel (June 29, 2006)
  • Presenter, Structured Credit Products: The Experience in Israel, SYNTHETIC ASSET-BACKED SECURITIES: NEW RISKS, NEW OPPORTUNITIES, Caesarea Center for Capital Markets and Risk Management, Inter-Disciplinary Center -- Herziliya, Israel (Sept. 18. 2005)
  • Presenter, Securitzation of Small Business Loans, NEW FINANCING SOURCES FOR SMALL BUSINESSES AND MICROFINANCE, Caesarea Center for Capital Markets and Risk Management, Inter-Disciplinary Center -- Herziliya, Israel (Mar. 3, 2004)
  • Panel Participant, Financing Municipal Development in Israel: Genesis in Tel Aviv?, MUNICIPAL DEVELOPMENT STRATEGIES, Tel Aviv University -- Tel Aviv, Israel (June 14, 2001)
  • Presenter, Sophisticated Capital: Over-the-Counter Derivatives Transactions, PRIVATIZATION AND INCREASING COMPETITION IN THE ISRAELI ECONOMY, Jerusalem Center for Public Affairs -- Jerusalem, Israel (Oct. 15, 1999)