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Latest Updates

October 30, 2022

Ministry of Economy and Industry Increases Enforcement Measures

The Ministry of Economy and Industry’s Labor Branch – Regulation and Enforcement Administration is increasing enforcement measures in workplaces with regard to the fulfillment of employer obligations and employee rights.

October 27, 2022

Barnea Represented Mouro Capital in USD 80 Million Investment in Vesttoo

Ariella Dreyfuss  represented Mouro Capital as the lead investor in an USD 80 million Series C financing round in the Israeli insurtch startup Vesttoo. The investment was based on a company valuation of USD 1 billion. 

October 27, 2022

Interesting Ruling Regarding Workplace WhatsApp Group Chats and Wrongful Termination

Removing an employee from the workplace’s WhatsApp group chat before a hearing may expose employers to wrongful termination claims.

October 27, 2022

Legal Aspects of SAFEs (Simple Agreement for Future Equity)

Since a SAFE is a relatively standard agreement, there is no need for lengthy negotiations on comprehensive investment agreements. A SAFE defines clear rules about the investor’s rights (which include, inter alia, rights similar to those the next investors in the company receive during future rounds of funding).  

October 27, 2022

Dun's 100 Legal Forum for Senior Employment Law Professionals

Netta Bromberg, the head of our firm's Employment Department, participated in the Dun's 100 forum for senior legal professionals in the field of employment law. The forum discussed such relevant issues as sexual harassment in the workplace and remote work. Netta addressed recent changes in the world of employment and their impact on labor laws.

October 26, 2022

No Freebies? Harel Perlmutter Interview with "Tzeva Hakesef"

Many companies and businesses work with influencers to advertise their products on social media. This type of cooperation has tax implications. Harel Perlmutter, the head of our firm's Tax Department, was interviewed for the podcast "Tzeva Hakesef" (with Yair Weinreb) about the issue.

October 25, 2022

All Government Ministries Must Submit Climate Action Plans by the End of 2023

This week, the Israeli government approved the joint proposal submitted by the Prime Minister and the Minister of Environmental Protection to obligate all government ministries to formulate climate action plans. The proposal was approved ahead of the upcoming United Nations Climate Change Conference, which will be held in Sharm El Sheikh, Egypt.

October 23, 2022

Zohar Lande Participated in Dun's 100 Commercial Litigation Forum

The forum discussed burning topics on the judicial agenda and referred, inter alia, to the connections between Israeli law and the international arena. Zohar addressed this topic and explained that “we have been witnessing a trend in recent years whereby Tel Aviv has become a hub for international legal proceedings.”

October 6, 2022

Barnea: Representing Metuka Bakery in Sale to Adi Cohen, Former CEO of Tiv Ta'am

Ilan Blumenfeld, Yuval Lazi, and Dor Levi-Tam represented the founders of the coffee shop/bakery chain Metuka in the company's sale to businessman Adi Cohen, former CEO of Tiv Ta'am. 

October 3, 2022

Doing Business in Israel: Forming a Limited Liability Company in Israel

The Israeli Companies Law enables local and international businesses to engage in business activity easily and with relative efficiency and The procedure for forming a limited liability company is relatively simple.

October 3, 2022

Israel Declares Independence of Privacy Protection Authority in Ministry of Justice

This declaration will help to maintain the European Union’s continuing recognition of the State of Israel as a country whose data protection laws are on par with the European Data Protection Regulation.

October 2, 2022

Barnea: Representing Pronto Diagnostics and Owners in Sale to Novolog

Sagi Gross and Dor Levi-Tam represented Pronto Diagnostics and its owners in a transaction to sell control of the company to Novolog. Pronto operates in the field of molecular genetic diagnostics.

September 21, 2022

Harel Perlmutter Featured on “Tzeva Hakesef” Radio Program

Harel Perlmutter, the head of our firm’s Tax Department, was interviewed on the radio program “Tzeva Hakesef” about the latest storm surrounding apartments registered in the name of social media personality Hadar Mokhtar. Harel explained the issue and discussed the tax implications of registering an apartment in your child's name.

September 20, 2022

Arbitration Clauses in International Agreements – Do’s and Don’ts

Arbitration, around the world and particularly in Israel, is a legitimate and well-established mechanism. Israeli courts normally honor arbitration clauses and consider them a standalone arbitration agreement.

September 20, 2022

Real Estate and Taxes: Harel Perlmutter Op-Ed in Mako

Harel Perlmutter, the head of our firm’s Tax Department, discusses the "tax pitfalls" when purchasing an apartment for investment.

September 19, 2022

Barnea: Representing Israeli Startup in Initial Funding Round of USD 17 million

Itay Gura and Inbar Katzir represented the startup Winn.AI in an initial funding round of USD 17 million. Winn.AI offers a real-time AI assistant that helps sales teams win more deals with less hassle through its innovative real-time tracking, capturing, and CRM updating features.

September 19, 2022

Led by Barnea, Danel Group Raised ILS 130 Million from Institutional Investors

Hagit Ross, Alon Anava, and Ronit Lerer represented Danel Group, a human resources and nursing company traded on the TASE, in raising more than ILS 130 million in a private IPO for Nokd Capital, The Phoenix, and Reading Capital.

September 18, 2022

Taxes: Harel Perlmutter Lectures at Tel Aviv University

Harel Perlmutter, the head of our Tax Department, lectured this week to TAU Ventures, Tel Aviv University's venture capital fund for investments in startups. Harel addressed the advantages and disadvantages of preferred stock companies, employee compensation options, and other tax issues relevant to startups.

September 15, 2022

Real-Time Reporting of Major Data Breach Events

The Israeli Privacy Protection Authority issues instructions to report data breach events or concerns of data breach events immediately.

September 13, 2022

Zvi Gabbay Participates in Dun’s 100 Forum for White-Collar and Criminal Law Experts

Zvi, an expert in the white-collar and criminal law field, was asked to participate in the Dun’s 100 forum for senior officials. He presented his thoughts on the legal system’s race to catch up to technology, crimes in the metaverse, and more. Additional information can be found in the Globes write-up.