Insights & News

Adv. Hagit Ben Moshe's latest article describes the recent court rulings in favor of agricultural settlements as part of their dispute with the Israel Lands Authority.

Together with Clifford Chance, we held a workshop for compliance officers and risk management department staff at Discount Bank and Bank Leumi. The workshop included discussions on money laundering enforcement trends, banks' obligations, and how to manage risk and provide service.

Our firm hosted the Israel Hedge Funds Association today for a negotiation workshop. The workshop was held in collaboration with Moti Crystal, a crisis management expert. As part of the workshop, we presented common mistakes and the techniques for overcoming them in M&A transactions and disputes.

Dr. Zvi Gabbay was interviewed by TheMarker on the allegations that SodaStream's chairman, while serving as CEO, provided insider information about a deal with Pepsico to a former employee.

In a Globes op-ed, Adv. Anat Even-Chen calls for cooperation between the Capital Market, Insurance and Savings Authority and the private market in order to create better regulation for fintech and financial services companies.

Our firm hosted today a delegation of senior executives from the Fortune 500 Japanese construction company Daiwa House Group. The executives visited Israel to promote business relationships with Israeli companies.

Adv. Netta Bromberg, the head of our Employment Department, was interviewed by Ynet on the possibility of employees engaging in political issues and expressing their personal positions on social networks. According to Netta, "Publishing personal positions on social networks raises fundamental questions concerning the limits of freedom of expression in a democratic society, the special complexity of workplace relationships, and the line between the personal and the professional."

Our firm represented CryoLife in a strategic transaction with Israel-based endovascular stent graft system developer Endospan. The transaction involved an option to purchase Endospan for up to USD 450 million in the future, together with an exclusive distribution arrangement and USD 15 million in secured debt financing.

Actor Yehuda Levy has joined Shaham, the largest actors' organization in Israel, and a group of fellow artists in their legal dispute with the management of Eshkolot. Advs. Zohar Lande, Hadar Israeli, and Eyal Nachshon are representing Shaham and the artists.

An op-ed in TheMarker discussing the market's need to share in enforcement efforts to help make internal enforcement one of the cornerstones of ISA policy.

The second meeting of the Compliance Forum, held in collaboration with the ACC, will focus on the basic principles and standards required for formulating an enforcement plan, the challenges of implementing such a plan, and how compliance officers should act.

Adv. Maya Zisser, a partner in the Real Estate Department, was featured on the economic TV program "Sogrim Heshbon." She discussed renting in Israel during the summer.

Adv. Hagit Ben Moshe, a partner and our firm's kibbutz sector expert, published an opinion article in Dun's Calcalist on the Law for the Advancement of Construction in Preferred Housing Complexes.

The Administrative Enforcement Committee of the Israel Securities Authority (ISA) approved an administrative enforcement agreement between the ISA, Kitov Pharma Ltd., and a few of its officers. According to the agreement, which concludes the criminal investigation by the ISA, the company and its officers will pay a monetary sanction. Our firm represented the company and its CEO in the process.

Our firm continues to represent Maurice Haliwa, a shareholder in Manor A.D. Construction Investments Ltd., in a lawsuit against Jacky Ben-Zaken and Avraam Nanikashvili. Haliwa recently increased the amount of the original lawsuit from NIS 18 million to NIS 100 million. Advs. Zohar Lande and Yatir Madar represent the client.

Barnea represented Motive Partners, a US-based private equity fund, and LPA, its German daughter company, in the acquisition of Israeli fintech company Modelity Ltd. Advs. Yuval Lazi, Uri Hillel, and Mayer Winkler represented the buyer.

Our firm represented the Danish catering and cleaning services company ISS Global in the disposition of all its holdings in Israel. ISS was advised by Advs. Simon Jaffa, Yuval Lazi, Danny Boguslavsky, and Chen Nadir.

Adv. Alon Wolner published an article on the Walla news site on the rights and obligations of lessors and lessees.

Dr. Zvi Gabbay was interviewed by the radio station Kol Israel Reshet Bet on how to manage investment portfolios for friends and family. According to Zvi, capital market professionals must be careful, since managing an investment portfolio requires a license. Even when advising family and friends, professionals are subject to duties and may be exposed to risks and claims. (Starting at 03:10.)

Our firm represented the Israeli startup Anzu (Anzu.io) in a USD 6.5 million fundraising round. Anzu developed a platform for game developers that allows the integration of advertisements into the game world.