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Latest Updates

September 17, 2024

The Consumer Protection and Fair-Trade Authority: businesses are required to disclose changes to product characteristics or components.

Recently, the Consumer Protection and Fair-Trade Authority issued a position paper regarding the disclosure obligations businesses must meet when making changes to product characteristics or components. According to the position paper, any material change in a product's characteristics or components must be clearly and prominently displayed on the product itself, allowing the consumer to make an informed decision regarding the product. This is because consumers typically do not recheck a product’s features or ingredients, when they purchase it regularly.

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September 16, 2024

Regulatory highlights for small and medium-sized businesses

There has been a growing outcry recently against the ease at which class actions alleging a variety of offenses are being filed against small and medium-sized business-owners. Almost every week since October 7, news media have been reporting about business owners who were called up for reserve duty, spent months defending the country, and who, upon returning home after completing their tour of duty, are then forced to fight in the courts because a warning letter was waiting for them with a demand for high sums of compensation. Much has been written about this and about the impacts that such demand letters have on reservists – personally and at the business level. And as reported, this issue should be examined by the legislative authorities.

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September 12, 2024

Barnea: Representing Daily.dev – Top 21 Startups in Israel

Proud to represent daily.dev - entrepreneur selected as one of the 21 most promising startups of 2024 by N12 in collaboration with the IVC.

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September 9, 2024

Barnea: Representation of Qualtero in an acquisition transaction amounting to over 30 million US dollars.

Advs. Yuval Lazi and Nofer Rose David represented Qualtero – a company specializing in IT and consulting services - in its acquisition by Comply365 for over 30 million US dollars.

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September 1, 2024

The Money Market Reform in Israel is Underway

The Knesset approved a series of legislative amendments this past July designed to promote competition in the money market – money market mutual funds, deposits and government bonds (short-term loans maturing in less than one year) – and to enable the general public to achieve higher returns on its short-term savings.

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August 28, 2024

Tax Benefits to NGOs in Israel and “Public Purposes”

In order to promote the activities of NGOs, and to encourage donors to donate to these public benefit institutions, the State of Israel is granting them unique tax benefits, subject to the fulfillment of defined criteria.

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August 28, 2024

Severance Pay to Heirs of Employees who Died During the Period of the Swords of Iron War

An important amendment to the Israeli Severance Pay Law was enacted recently to facilitate the process of redeeming the severance pay of employees who died during the period prescribed in the amendment.

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August 28, 2024

Naveh - Mandelblit Case: Searching Computer Materials and the Treatment of Suspects' Rights

In an op-ed for Calcalist, Shir Rozenzweig addresses the rights of suspects and the lack of oversight of investigative authorities concerning searches made on computer devices.

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August 28, 2024

Barnea: Representing the Aviv Group in an Administrative Petition

Zohar Lande, Adi Shoham, Shay Bello, and Anna Elenport are representing the 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. The Aviv Group is currently bearing the financial cost – whereas the construction is not expected to start any time soon.

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August 27, 2024

Real Estate Taxation: Tax Aspects in Realizing Real Estate Rights

Maya Carmi Lubartovsky, head of our firm’s real estate taxation practice , participated in another episode of the ACC Podcast Series in collaboration with The new episode covers tax aspects of cash transactions, combination transactions, construction services transactions, the tax advantages and disadvantages of different transaction structures, etcetera.

To listen to the first podcast

August 21, 2024

Artificial Intelligence Platforms and Copyright law: is the Legal Belt Tightening?

The U.S. court is hearing artists' lawsuits against AI platforms for copyright infringement. The decision could lead to new regulations and insights into the impact of using protected works for training.

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August 20, 2024

Real Estate Taxation: Key Things to Know When Conducting a Real Estate Transaction in Israel

As an expert in the field of real estate taxation, Adv. Maya Carmi from our firm, is a guest on the ACC podcast series, providing clarity on all aspects related to real estate taxation. The first two podcasts which were uploaded yesterday, focus on capital gains tax and purchase tax.

To listen to the first podcast

To listen to the second podcast

August 19, 2024

Femtech in Israel: The Challenges, Opportunities, and Legal Considerations Every Company Needs to Know

About 100 Femtech startups operate in Israel, which is considered a world leader in the field. These startups face a number of legal and regulatory challenges that must be taken into consideration in order to successfully implement innovation in this sector.

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August 19, 2024

Singapore-based Prytek acquires TipRanks at USD 200 million valuation

Advs. Ariella Dreyfuss and Rahaf Awawdi represented TipRanks in a transaction whereby Prytek acquired an additional 40% stake in TipTanks, becoming its controlling shareholder. In 2021, TipRanks raised $77 million, partially through a secondary offering led by Prytek. This transaction was also handled by the firm, with Adv. Hanna Daher assisting in all tax aspects.

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August 19, 2024

Representation of Bank Hapoalim in a class action filed against it

Eyal Nachshon, Zohar Haim Levinger and Anna Elenport represented Bank Hapoalim in a class action lawsuit filed by the Association of Representatives of Society and the Environment. In the application for the class action, it is claimed that the bank charges excessive exchange fees when converting monies in foreign currency. The court rejected the application out of hand and stated that the submission of the application constitutes conduct in bad faith and misuse of a legal process.

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August 14, 2024

Israeli Capital Market, Insurance and Savings Authority Issues New and Revised Circulars

This year, the Israeli Capital Market, Insurance and Savings Authority issued a series of new and revised circulars regarding proper management and corporate responsibility by financial service providers.

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August 7, 2024

Dr. Zvi Gabbay Lectures to Corporate Secretariat Course at BDO Academy

Dr. Zvi Gabay, the head of our firm's Capital Markets Department, delivered an introductory lecture to a corporate secretariat course at BDO Academy. The lecture focused on topics such as defining the role of the corporate secretariat, its importance to the organization, getting to know board directors, case law analysis, and corporate governance.

August 7, 2024

Barnea: Adjudication of the Entrepreneurship Program at Tel Aviv University

Our firm is the legal partner of the Tel Aviv University Entrepreneurship Center, providing support for various programs, including the "Entrepreneurs on Campus" program, which is designed for female students pursuing a second degree or higher for purposes of developing a startup. Yesterday, the program's Pitch Night took place, in which the entrepreneurs presented their ventures. Adv. Inbar Katzir, who supports early-stage startups, served as a judge at the event's finale

August 6, 2024

Barnea: Representing Trivago in an Investment in the Israeli Startup Holisto

Our firm represented Trivago, a leading global hotel search platform, in its strategic investment and call option to acquire Holisto, an Israeli AI-driven travel tech platform that serves as a hotel rate aggregator and white-label booking engine provider. Ariella Dreyfuss and Dean Weinberg represented Trivago.

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August 5, 2024

Podcast: The Payment Services Revolution

Anat Even-Chen, who heads the Regulatory Practice at the firm, was a guest on the BDO Business Talk podcast. During her interview, she discussed payment services, the new regulatory requirements, and their impact on the financial industry.

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