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January 13, 2015
Marie Tsion will lecture at the Upper Galilee Human Resources Managers Forum
On 12 February 2015, Marie Tsion, head of employment law, will participate in the HR Managers Forum of the northern region. The forum includes CEO’s and HR managers of leading companies and meets once a month at the Upper Galilee Regional Council.
January 13, 2015
Whitewater Holdings must pay 127 000 NIS to its former Vice President, Aviad Caspi
The Magistrate's Court in Tel Aviv accepted the claim of "Mika Benroy", a company owned by Mr. Aviad Caspi, a former business development vice president of Whitewater Holdings. Caspi is also the son in law of businessman, Edwin (Benny) Tish. Caspi submitted the claim against Whitewater Holdings, of which Uri Yogev is the founder and former Chairman of its Board of Directors .
The Magistrate's Court decided that Whitewater Holdings must pay an amount of approximately 127 000 NIS to "Mika Benroy" (Caspi’s company) for services given to Whitewater Holdings, for which no consideration had been paid.
The suit was filed by Adv. Zohar Lande, Adv. Shai Sharvit and Adv. Itay Wigoda from Barnea
January 11, 2015
You’ve been on a job interview but are still waiting for an answer? The employer must now inform the job seeker
The new amendment to the Notice to Employee will require employers to give written responses to job applicants whether or not they have been hired. The new amendment will take effect at the end of January.
Today, hiring procedures can include a number of in-house interviews, assessment centers and more. Thus the employee recruitment process has become increasingly longer. Candidates often have to wait lengthy periods before receiving a reply from employers and sometimes do not get a reply at all. Candidates are left with considerable uncertainty regarding the important issue of pursuing a career. The amendment is intended to address these issues.
January 4, 2015
The Threats to the Foreign R&D Centers in Startup Nation
There is no doubt that Israel has a thriving high-tech industry. Israel has developed a high-tech eco-system that encompasses companies at various stages of development. It has also built up an extensive community of investors and development centers of international companies. The high-tech industry in the start-up nation has attracted and is attracting corporate giants from around the world to operate their development centers in Israel. This is done via the acquisition of Israeli companies or as part of a business strategy of creating a presence in Israel.
January 1, 2015
What to look out for in online gambling industry in 2015
In 2014, the online gambling industry faced many challenges, mainly due to regulatory issues but also due unsatisfactory results in several jurisdictions with the US States of Nevada and New Jersey probably the most disappointing in this respect.
According to our head of gambling practice, 2015 will probably be challenging as well. One reason for this is that the new legislation in England, which came into effect towards the end of 2014, requiring any online gambling operator offering is services in England to operate under an online gambling license issued by the local Gambling Commission, as well as pay a substantial gambling tax. For the full article, please Click here
December 31, 2014
Lawyer of the year 2014 - Zohar Lande
Adv. Zohar Lande , senior partner and the head of the Litigation department at Barnea, was chosen by the prestigious "CorporateLiveWire " guide to the legal profession as "Lawyer of the year 2014" in Litigation Dispute resolution in Israel.
December 25, 2014
Zero% VAT on medication acquired for clinical trials in Israel
The new VAT amendments will lower the cost of clinical trials on humans in Israel. The amendment to the VAT legislation is expected to benefit international companies which conduct clinical trials in Israel.
Adv. Harel Perlmutter, who specializes in international taxation at Barnea Co., was interviewed to Globes and stated that: "the new amendments will have two major implications – Firstly when the Israeli company acquires the medication from an overseas company, the Israeli company will not have to pay VAT or Customs Duty in Israel (the Israeli company will usually pass on these costs to the overseas company). Secondly, when the Israeli company charges fees for its services to the overseas company for doing the trials, the Israeli company will charge VAT at zero per cent."
December 18, 2014
The 2015 InterGame Year Book & Directory is now available in digital format
Barnea has once again been chosen to be included in the 2015 InterGame Year Book Directory as one of the law firms advising the gaming and games industries.
December 17, 2014
International Comparative Legal Guide to Gambling 2015 - ICLG
We are the authors of the Israeli chapter in the International Comparative Legal Guide to Gambling 2015. The Guide covers a range of topics including: relevant authorities and legislation, application for a license and license restrictions, enforcement, liability and more. This publication is one of 38 ICLG guides published which cover all major practice areas and provide in-house counsel with a legal overview in different jurisdictions.
December 16, 2014
The Treatment of Electrical and Electronic Equipment and Batteries Law
The Treatment of Electrical and Electronic Equipment and Batteries Law came into effect recently. Asaf Shalev,head of Environmental Law at Barnea Co explains the Law and its ramifications for suppliers, distributors and marketers.
December 16, 2014
Treatment of Electronic Waste
The Environment Treatment of Electrical and Electronic Equipment and Batteries Law came into effect recently, as well as the regulations promulgated thereunder. The Law and the regulations prescribe arrangements for the environmental treatment of electrical and electronic equipment, batteries and accumulators in Israel in order to encourage re-use of electrical and electronic equipment, batteries and accumulators and in order to mitigate the negative effects of such equipment and batteries and of the waste generated by them on the environment and on public health.
December 11, 2014
Barnea & Co. represented Israel Natural Gas Lines
The Real Estate department, headed by Ariel Nadler, represented Israel Natural Gas Lines in the petition filed against it by Kibbutz Regavim. The judge rejected the petition stating that she did not see a reason to interfere in the government’s decision. In her view, once the safety concerns had been cleared, the kibbutz should have withdrawn the petition, which it did not do, The kibbutz will have to bear petition costs of NIS 4,000,000.
December 9, 2014
Israel’s 2nd Foreign Law Firms Conference
As an expert in the technology field, Micky Barnea was invited to lead the high-tech panel at the Israel’s 2nd Foreign Law Firms Conference. The panel: Start-Up Nation Vs. Exit Nation will deal with the effect of startup nation on the Israeli legal scene, the current trends in high-tech exit transactions, IPO's and the interface between Israeli and foreign law firms in high-tech legal work.
December 4, 2014
Formation of a Governmental Committee to Review Mining Royalties is Not Grounds for Arbitration
The Jerusalem District Court recently issued its ruling in the matter of Dead Sea Works Ltd. vs. the State of Israel. The proceeding included a discussion of Dead Sea Works’ petition to activate the arbitration clause stipulated in its concession agreement with the State of Israel. The petition was filed after the State refused to appoint an arbitrator pursuant to the arbitration clause.
Dead Sea Works sought to refer to arbitration the very formation of the Sheshinski Committee, pleading that it constitutes a violation the State’s covenant not to raise the rate of royalties payable by the Dead Sea Works for its mining license. Indeed, the Sheshinski Committee was formed for the purpose of reviewing the State’s policy on royalties due in consideration for the use of Israel’s natural resources.
The District Court rejected Dead Sea Works’ petition. It ruled that the mere formation of the Sheshinski Committee does not give rise to a dispute according to the arbitration mechanism prescribed in the concession agreement.
The Court issued its ruling based on the specific language of the arbitration clause in the concession agreement; it is conceivable that Dead Sea Works might have been allowed to pursue its position through arbitration proceedings had the arbitration clauses been worded differently.
November 30, 2014
Court decision on temporary residence abroad
On 21 October 2014, the Haifa District Court handed down its decision in “Yael Zor v the Tax Assessor Haifa” concerning temporary residency abroad. The case relates to a senior employee of a multinational enterprise the shipping company, Zim, who worked in Hong Kong for a subsidiary of the group from January 2006 to August 2008.
November 26, 2014
Seminar: Employee Stock Option Plans – From A to Z
Ezra Katzen was a featured speaker at a meeting of the Association of Corporate Counsel – Israel (ACCI) in November. The topic of his address was “The General Counsel, The Most Important Link in the Options Chain.” Drawing on his many years of experience as an in-house counsel, Ezra spoke about the legal and practical challenges in administering an Employee Stock Options Plan from the perspective of the in-house lawyer.
The meeting was jointly sponsored by Barnea and ESOP-Excellence, and was attended by general counsels and senior in-house attorneys from approximately 40 Israeli companies.
November 18, 2014
Who's Who Legal 2014
Our Head on Internet Department was nominated as a leading practitioner in the field of entertainment in Israel by the 2014 edition of Whos' Who Legal, one of the leading global legal guides.
November 16, 2014
Israel’s 2nd Annual Foreign Law Firms Conference
The Tel Aviv and Central District of the Israel Bar Association, is delighted to invite you to a unique conference held for the second time in Israel, discussing the entry and activity of foreign law firms in Israel. Michael Barnea, head of technology department at Barnea, will lead the Hi-Tech panel.
November 13, 2014
The Israel Antitrust Commissioner has teeth, but has no appetite"
Zohar Lande's criticism of the Anti-Trust authority for its conduct in the Israeli Food market- published in Calcalist
November 11, 2014
Barnea & Co. partner Ezra Katzen represented Global Invacom in the acquisition
Global Invacom Group has completed yesterday its acquisition of Israel-based OnePath Networks.
OnePath - which trades as Foxcom - is one of the pioneers in radio frequency over fibre technology. It provides products and services to major satellite operators, teleports and broadcasters in over 35 countries.