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August 12, 2013

The Lawyer's special report: Tel Avision

The attractiveness of Israel's technology and energy sectors is beginning to draw more foreign lawyers into the country. Leading lawyers, such as  Adv. Simon Jaffa, discuss the entry of these foreign law firms into Israel and also the activities that these firms engage in once they are operating within Israel.

August 8, 2013

Barnea & Co. represented Orid Media Limited

Barnea represented Orid Media Limited in its sale of certain of its assets and liabilities, including its subsidiary, Pariplay Limited, an Isle of Man online gambling licensee, to a partly owned subsidiary of Majesco Entertainment Company, a NASDAQ listed company. The transaction will see Majesco invest a sum of between $3.5 to $4.5 million.

June 28, 2013

Sea view real estate

Before buying real estate close to the sea, Adv. Nadler advises that a buyer must bear in mind that the corrosion to buildings that are located near to the edge of the sea is substantial. "Maintenance issues are important factors to consider because of the dust and sea spray. You should also be aware that there are higher maintenance costs involved in owning an apartment near the sea arising from dust, dirt, corrosion and external maintenance to the property. It's also very important to have proper and ongoing maintenance to the property and this incurs a substantial cost.  So if you calculate the apartment price whilst factoring in the higher maintenance costs  the  fee per square meter of the property would be a higher fee per square meter  calculated  in the purchase price and may be a lot greater than may be anticipated.

June 2, 2013

Barnea & Co. is the winner of "Machshavot" football tournament

Barnea's team began the tournament  with a 1-0 loss to Gornitzky. The team then went on to defeat ERM with a score of 8-0 followed by victories against the firms of Lipa Meir and Fischer Behar. In the final Barnea's team were victorious and won the championship when they defeated Goldfarb with a score of 2-1. The first place prize was ten thousand NIS that was donated as a scholarship to students.

May 28, 2013

Raising Finance & Investing in the UK workshop: Exploring Opportunities, Challenges and Solutions

Barnea Co and Mazars LLP in association with Bank Leumi (UK) Plc and UK Trade Investment take pleasure in inviting you to an Exclusive Workshop on: Raising Finance Investing in the UK: Exploring Opportunities, Challenges and Solutions. Date: Monday, 17 June 2013 When: 08:30 to 12:30 – includes Brunch and networking Where: Residence of the British Ambassador to Israel, Matthew Gould, in Ramat Gan RSVP by 3rd June 2013 to Ms Dana Segev at [email protected]

May 16, 2013

A residential plot in Herzliya was sold for NIS 32 million

The plot, that can accommodate 43 units, was put out to tender after there was a dissolution of ownership in the plot between the owners. This emanated from the owners failing to reach the agreement between themselves as to whether to proceed with either developing the plot or selling it. The tender and sale process was managed by Attorney Ariel Nadler, head of the real estate law department at Barnea To read more, please click here

May 9, 2013

Israeli gambling sites industries have been revealed due to a confidential agreement which has been leaked.

Barnea represents Mr. Menny Benish, Player 2 Player LTD. and R.I.I.G Limited, in a claim for over 12 M NIS against Moshe Tisona and Yalciner Enterprises Ltd.

May 1, 2013

The leading law firms team of BDI

BDI Coface ranks Barnea and Co. as experts in the firm's core practice areas and as a top leading Israeli law firm.

April 25, 2013

Israel: Licensing of Online Financial Trading

Trading online financial services, be it foreign exchange, commodities, share prices or stock indexes is the attracting customers all over the world; This has led several jurisdictions to introduce legislation aimed at licensing and regulating the online financial trading market. 

April 18, 2013

New Heights

The recent liberalisation of Israel’s legal market may lead to an influx of foreign advisers as well as the expansion of the domestic elite, excited by the prospect of heightened deal activity.

March 25, 2013

Musicians of tomorrow

Myisrael, in association with Barnea are proud to present a performance of "Musicians of tomorrow",  28th March, 2013.

March 21, 2013

Israeli mortgage regulations meant to curb rising home prices - Adv. Ariel Nadler

The Bank of Israel has changed mortgage regulations. Banks will now be required to hold more capital against any loan they issue. The move essentially means banks will have less cash to lend out, potentially making it harder for those who most need the loans to obtain them. 

March 18, 2013

Israelis invested in Cyprus Forex cannot withdraw their money

Online gambling and foreign exchange companies and their customers face potential hardship and losses due to moves taken by the government of Cyprus in an attempt to deal with its debt.

March 11, 2013

"Having a say on pay"

While the UK press has widely reported on ‘fat cat’ salaries and exorbitant bonuses of some of the most senior employees of public companies in the UK, in Israel new legislation on salary levels has been introduced to curb such excesses and limit and control the monies that have been pouring into the pockets of senior executives.

February 26, 2013

Seeking balance in the Israeli gas market

The Israeli natural gas market is moving in a direction whereby it is obliged to take nationwide decisions  in order to find a balance between the public's interest and the investors interests, the local demand and the export opportunities and between the needs of the current generation and those of the future. See full article by Adv. Simon Jaffa (founding partner of Barnea Co and head of Infrastructure and Project Finance Department) in Haaretz.

January 15, 2013

Claim in the amount of NIS 15,000,000 against Uri Yoggev

Claim in the amount of NIS 15,000,000 against Uri Yoggev: "He has provided false representations and has acted fraudulently". The claim was filed through Advocates Zohar Lande, Shay Sharvit and Itay Wigoda of Barnea Law Offices. To read more, please click here

January 14, 2013

"The Ministry of Justice's gamble"

Is it justifiable to block gambling sites? According to a Justice Department memo, a competent police officer may issue an order restricting access to a Web site, if there is a reasonable suspicion that the website is used for betting and that the site will continue to be used for betting if access is not restricted

December 31, 2012

"Lev Talpiot" shopping center - Barnea & Co. represented Pini Serfaty

Barnea Co's was involved in the purchase of the "Lev Talpiot" shopping center in Jerusalem, which was completed on the 31.1.12 . The shopping center was purchased by RIT1 Investment Fund. Barnea represented Pini Serfaty, one of the shareholders of Lev Talpiot.

December 20, 2012

An interview with Michael Barnea

TheMarker annual edition entitled "The world is changing. And you?" dealt with the new "business world".  Adv. Michael Barnea discusses his career and the decisions that he has had to make during his career.

December 10, 2012

Barnea & Co. represented Ethemba Capital

Barnea represented Ethemba Capital (an offshore private equity investment fund) in the purchase of 46% (constituting control) of the issued share capital of Avgol Industries 1953 Ltd (a public company traded on the Tel Aviv Stock Exchange in Israel) for a purchase price of approximately USD 107 million.