Insights & News

Israel’s top legal experts and in-house counsels participated in the ACC Israel Annual Summit: "The Challenging Role of In-House Counsels in Israel.” At the event, Micky Barnea took part in the panel discussion on the relationship between corporate counsel and external legal advisors.

Barnea advised an investor in relation to a $60 million investment in cybersecurity company Claroty. The company specializes in cybersecurity for industrial control networks.

We lectured at the Israel Hedge Funds Association's Sixth Annual Tel Aviv Conference. The goal of the event is to connect local industry with overseas peers, bringing together professional experts, manages, and investors. We discussed how fund managers can benefit from their relationship with the exchange.

Our firm's Capital Markets Department contributed to the Israel chapter of the 2018 edition of The International Comparative Legal Guide to Anti-Money Laundering. The chapter discusses issues of enforcement and regulation to prevent money laundering in Israel.

The Cable and Satellite Council awarded RGE Group's proposal with the tender to operate the Knesset Channel for the next 10 years. RGE is represented by Advs. Zohar Lande, Adi Shoham, Eyal Nachshon, and Omer Keydar of our firm's Litigation Department.

Adv. Anat Even-Chen gave several media interviews (in Heb) following the Knesset Finance Committee's decision to postpone the entry into force of the Financial Services Law. This law was supposed to regulate the trading of digital currencies for the first time.

Adv. Yuval Lazi is lecturing today for entrepreneurs at Hutchison Kinrot, a global leader seed investor in water and cleantech-related technologies.

Barnea and Bird and Bird are hosting today a seminar on the protection of trade secrets from the Israeli and European perspectives. We will discuss the confidentiality and non-compete clauses in employment agreements.

We were interviewed by Bloomberg BNA regarding a new bill, according to which anyone who sells his apartment is entitled to open a special investment account that will benefit from deferring payment of tax on capital gains.

Our Head of the firm's Internet Department, was interviewed by Mamon, Yediot Ahronot's financial supplement, about the introduction of the new EU General Data Protection Regulation (GDPR).

Our firm is representing Yad Hanna in a long-term lease agreement of 30 dunams in its industrial zone for the construction of Diplomat's new logistics center. The construction is valued at NIS 230 million.

We attended the iFX Expo International Conference and participated in the panel on regulation, discussing MIFID II, ESMA restrictions, and the blockchain and cryptocurrency revolution.

Adv. Harel Perlmutter, Head of the Tax Department, was interviewed by Bloomberg BNA on the decision of Amazon Web Services’ to start collecting and remitting value-added tax in Israel.

An Israeli court has ordered to halt an investment deal in Arcturus Therapeutics, pending clarification of the lawsuit filed by Joseph Payne, the company's founder, regarding the cancellation of his dismissal as CEO. This decision was made despite the fact that the company operates in the United States with American management. Joseph Payne is represented by Advs. Micky Barnea, Zohar Lande, Omer Keydar, and Ron Shuhatovich.

We hosted, together with the Association of Corporate Counsel, a seminar on compliance and internal investigations. We discussed new regulatory challenges, while managing directors from Duff & Phelps addressed the changing compliance environment.

Yuval Lazi, a partner in our Corporate Department, will lecture today to the participants of the Tel Aviv University Student Union's Elite Entrepreneurship Program on shareholder agreements and startups' Cinderella stories.

We lectured today on economic enforcement at the IZUN - Jewish and Arab Influential Directors program, part of Jasmine, a non-profit that promotes businesses owned by Jewish and Arab women.

Our firm is representing British private equity firm Ethemba Capital in its sale of control in Israeli company Avgol Nonwoven Industries Ltd. to Indorama Ventures Spain S.L., a chemical manufacturer whose shares are traded on the Thai stock exchange. The price of the sale is valued at NIS 1.7 billion.

Barnea represented the US underwriter H.C. Wainwright Co., LLC in the public offering transaction issued by Check-Cap Ltd. via a prospectus on NASDAQ. Check-Cap Ltd. raised $20.2 million in gross proceeds, including in the exercise of an overallotment option, in shares and warrants. Check-Cap Ltd., an Israeli clinical-stage medical diagnostics company, is developing C-Scan®, a capsule-based system for preparation-free colorectal cancer screening.

Barnea represented ADM Capital, a UK-based investment fund, in an investment round in the Israeli plant-breeding startup Rootility.