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Shay Bello
Shay is a partner in the firm's Litigation Department, representing clients in disputes spanning a wide range of legal fields.
Adv. Shay Bello counsels Israeli and international corporations on complex and extensive litigation cases in various areas of civil law, including commercial disputes, contractual disputes, tort claims, shareholder disputes, derivative actions, and class actions. Shay also represents corporations in cases involving administrative law, including administrative appeals that concern various legal fields, such as procurement law.
From 2015 to 2018, Shay served as a research and teaching assistant in constitutional and administrative law under Professor Amnon Rubinstein at Reichman University.
Prior to joining our firm in 2019, Shay worked for two years in the litigation department of a leading firm.
Education:
Emory University School of Law, Atlanta, LL.M. (cum laude), 2019
Reichman University, LL.B. (cum laude), 2015
Admission:
Israel Bar Association, 2016
Insights & News - Shay Bello:
Steel Partners Sues InMode
We represent US investment fund Steel Partners in litigation against InMode, its CEO, and its board of directors, focused on the question of who qualifies as the de facto controlling shareholder of a public company. In the claim, we argue that although the CEO holds only 7% of InMode’s shares, he effectively exercises control over the company. As a result, the acquisition offer he submitted should be subject to the stricter rules and standards applicable to controlling shareholders. The lawsuit comes amid an escalating battle for control of InMode, which is traded on Nasdaq and has a market capitalization of approximately USD 900 million. Steel Partners is represented by Adv. Micky Barnea, Adv. Eyal Nachshon, Adv. Shay Bello, and Adv. Noa Raz of our firm.
Barnea: Representing Aviv Group in an Administrative Petition
Advs. Zohar Lande, Adi Shoham, Shay Bello, and Anna Elenport are representing Aviv Group in an administrative petition against the Herzliya Municipality. The petition was filed after the municipality undertook to approve a development plan for land within a year, a condition precedent to the transfer of the land to Aviv. The municipality, however, has yet to review the plan. Aviv Group is currently bearing the financial cost, even as construction is not expected to start any time soon.
Class Actions: What Happens When the Alleged “Wrongdoing” Has Already Been Rectified?
Motions to certify class actions have long since become one of the most prevalent challenges facing private and public companies providing services to the public. Empirical studies show a gradual and nearly steady rise in the number of motions to certify class actions being filed since the Israeli Class Actions Law was enacted in 2006 and to date. If initially, a few dozen motions were filed annually, today, hundreds and even thousands of such motions are filed each year with the various courts, which imposes a heavy burden on the courts and on the parties being sued.