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Supreme Court Issues Important Ruling on Shareholder Disputes

Zohar Lande, Eran Winner, Lina Makhuli, and Chen Segal from our Litigation Department represented Panda, a private company embroiled in a shareholder dispute that caused a deadlock within its decision-making bodies. The dispute reached the Supreme Court, which issued an important and precedential ruling. The Court accepted the company’s position and outlined the proper manner for managing and resolving shareholder disputes, as well as rules of thumb for dealing with deadlocks in private companies. These included the option to classify a director in a private company as having a "negative personal interest" and even the possibility of not bringing a transaction for approval before the board’s general meeting.

Categories: Litigation

Barnea: Representing Gencell in NIS 16 Million Lawsuit

Gal Livshits, Yatir Madar, and Liron Dahan from our firm’s Litigation Department are representing Gencell in a NIS 16 million lawsuit against the car importer EV Motors as well as Holon Motors. The suit alleges the defendants owe Gencell NIS 4.5 million for systems and equipment they purchased but did not pay for.

Categories: Litigation

Barnea: Appointment of Four New Partners

We are pleased to announce the appointment of four new partners – Inbar Gorelick from the Corporate Department, Zohar Haim Levinger from the Litigation Department, Hani Shraier from the Kibbutz Sector Department, and Eran Elharar from the Capital Markets Department.

New Workplace Guidelines on Privacy Protection: Dr. Avishay Klein’s Guide for Employers Published on Mako

Israel’s Privacy Protection Authority has published new guidelines on the collection of biometric information in the workplace. In response, Dr. Avishay Klein, the head of our firm’s Privacy, Data Protection and Cyber Department, has compiled a practical guide for employers on the subject The guide was published on Mako.

Categories: Employment | Privacy Law

Fintech: Dr. Zvi Gabbay Lectured at Reichman University

Dr. Zvi Gabbay, the head of our firm’s Capital Markets Department, lectured at Reichman University. In this lecture, he offered insights into the convergence of regulatory frameworks and fintech verticals, shedding light on how to navigate and comply with evolving regulatory conditions.

Categories: Capital Markets | FinTech

Barnea: Advising Tel Aviv University’s Student Exchange Program

Eyal Nachshon and Irit Brodsky, together with our firm’s administrative staff, is helping to guide Tel Aviv University’s student exchange program. As part of the program, the team met with Prof. Yishai Blank, the Dean of Tel Aviv University’s Faculty of Law.

Environmental Aspects of M&A Transactions: Lecture by Sagi Gross

Sagi Gross, a partner in our firm, lectured at Bar-Ilan University as part of a course on environmental law. He discussed the environmental aspects of M&A transactions

Categories: Environmental Law

Municipal Elections – Netta Bromberg Interview with TheMarker

Netta Bromberg, the head of our firm’s Employment Department, was interviewed by TheMarker about the rights of employees on Israel’s municipal election day. Netta discussed why the day is considered a statutory holiday and what wages employees are entitled to if they do work.

Categories: Employment

Micky Barnea Participated in Dun’s 100 Forum for Senior Legal Professionals

Micky Barnea, our firm’s managing partner, participated in a forum for senior legal professionals hosted by Dun’s 100. Micky noted, “The legal reform was a distraction we got swept away by. The main point of the government’s reform was to say ‘we’re doing what we want’ and to undermine legal gatekeepers along the way.”

International Law: Amichai Cohen Interviewed on "One a Day" Podcast

As an expert in international law, Professor Amichai Cohen, together with news correspondent Yaron Avraham, guest starred on Elad Simchayoff's "One a Day" podcast to discuss the sanctions imposed on Israeli settlers.

Categories: International Law

Barnea: Hosting Femtech Event

Ariella Dreyfuss and Inbar Gorelick participated in a femtech event hosted by our firm. As part of the event, Ariella lectured on founders’ agreements and Inbar on intellectual property.

Categories: Corporate

Guide to Working Parents’ Rights – Jacki Silbermann Interviewed by Israel Hayom

As an employment law expert, Jacki Silbermann was interviewed by Israel Hayom about the rights of working parents. With regard to shortened work days, Jacki noted, “There are special arrangements that entitle parents to shorter work days for a certain period of time.  In the absence of a workplace arrangement regarding shorter work days, and if an employee requests such to take care of his children, he must reach an agreement with his employer."

Categories: Employment

Critique of Proposed Amendment to Real Estate Taxation Law – Terry Almozlino Arnon Interview with ICE

"The goals of the amendment are important, but this is not the way to achieve them." Terry spoke with ICE about the Ministry of Finance's plan to impose additional burdens on the market for investment apartment buyers with the hope to increase housing supply and reduce prices. "To invigorate the real estate market, specific incentives, such as mortgage benefits, should be implemented," Terry proposed instead.

Categories: Real Estate

Barnea: Webinar on AI Vendor Vetting

Our firm hosted a webinar in collaboration with the Association of Corporate Counsel in Israel. Dr. Avishay Klein, head of our firm’s Privacy, Data Protection and Cyber Department, addressed a number of points, including the possible risks in contracting with artificial intelligence providers.

Categories: AI Regulation | Regulation

Professor Amichai Cohen Publishes Series of Articles on Law.com

Professor Amichai Cohen, a special counsel on international law at our firm, has published a series of articles on Law.com about the Israel-Hamas war.

Categories: International Law

The Israeli food producer Osem is continuing to transfer intellectual property rights to Nestle

Yuval Lazi and Harel Perlmutter were interviewed by Globes about the transfer of Osem’s intellectual property rights to Nestlé. They explained how this transfer is likely to affect the State of Israel.

Categories: Corporate | IP and Licensing | Tax

Victory for Metpro DMY as Court Rejects Petition Against Metro Project Tender Win

Advs. Shai Avnieli and Tal Shirizli represented Metpro in a judicial review petition brought by Metro Dan contesting the results of the tender published by NTA for management of the Gush Dan metro project. The court dismissed the claims against Metpro and the other successful bidders, admonishing the petitioner's behavior. The court further ordered Metro Dan to cover ILS 85,000 in expenses for each respondent.

Categories: Infrastructure

Mediterranean Towers and Clal Insurance & Finance Establish Joint Venture

Mediterranean Towers and Clal Insurance & Finance have signed an agreement to invest ILS 500 million for the establishment of a joint venture to locate and develop senior housing enterprises. The ILS 500 million will serve as the JV's equity capital, for up to ILS 3.3 billion in financing. Mediterranean Towers, a leader in senior housing complexes in Israel, will invest ILS 200 million in the joint venture and will own 51% of the rights and capital of the JV. Advs. David (Dudi) Cohen and Omri Oren represented Mediterranean Towers in the deal.

Categories: Capital Markets | Public Companies

Amichai Cohen Interviewed on “One a Day” Podcast

As an expert on international law, Prof. Amichai Cohen, a special counsel at our firm, was interviewed on the “One a Day” podcast hosted by Elad Simchayoff. Amichai discussed the chances of Israel being found guilty of genocide by the International Court of Justice in The Hague.

Categories: International Law

Barnea: Representing Pomvom in Merger with Israel Acquisitions Corp

Israel Acquisitions Corp, initially founded as a SPAC, and Pomvom Ltd., a technology firm specializing in amusement park content, have formally announced a binding merger agreement. The combined entity is set to be traded on Nasdaq. Hagit Ross, Alon Anava, and Ronit Lerer represented Pomvom Ltd.

Categories: Capital Markets