Search by Practice
Sagi Gross Insights & News /
May 4, 2021
Israel Securities Authority Recommendations on Corporate Responsibility and ESG Risks
Israel Securities Authority Recommendations on Corporate Responsibility and ESG Risks
In light of global capital market investors’ growing interest in the topic of responsible investments, the Israel Securities Authority recently published a proposed outline for corporate responsibility and ESG risk disclosures.
April 11, 2021
Five Things You Didn’t Know about Impact Investing
Five Things You Didn’t Know about Impact Investing
In the last decade, impact investments have become an international trend to address global challenges in the areas of environment, welfare, health, employment, and education. In light of the development of the impact investments’ field, we recommend familiarizing yourself with several terms that may help when examining investments in general and impact investments in particular.
January 17, 2021
Barnea's Pro Bono Activity Highlighted in Maariv
Barnea's Pro Bono Activity Highlighted in Maariv
The severe economic damage caused by the coronavirus crisis has intensified the need for philanthropic ventures. The Maariv newspaper dedicated a section to highlight our firm’s pro bono activities. Adv. Sagi Gross, who leads our activity in the area of social welfare, discussed the firm’s work with the “Supportive Family” foundation.
December 20, 2020
An Act of Deterrence against a Polluting Plant
An Act of Deterrence against a Polluting Plant
Israel's Ministry of Environmental Protection imposed a financial sanction of NIS 634,000 on Bazan Group's Gadiv Petrochemical Industries for not complying with a deadline to stop harmful emissions. The ministry stated that due to the severity of the violation, both a financial sanction and administrative enforcement measures would be imposed.
November 24, 2020
Second Phase of Financial Assistance Grants for Third Sector Kicks Off
Second Phase of Financial Assistance Grants for Third Sector Kicks Off
Several days ago, the second phase of financial assistance grants for third-sector companies kicked off. Compared to the first phase, the size of a company's revenue for grant eligibility was expanded, as were the period of harm and the maximum assistance threshold.
August 3, 2020
Barnea Represented Azrieli Group in Launch of New Fashion Website
Barnea Represented Azrieli Group in Launch of New Fashion Website
Azrieli Group and MGS have launched a retail website to sell fashion and footwear products. This is the first time Azrieli has set up a company together with a retailer. The deal was led by Sagi Gross.
May 14, 2020
Israeli Registrar of Amutot Eases Reporting Obligations for Amutot and Public Benefit Companies (PBCs)
Israeli Registrar of Amutot Eases Reporting Obligations for Amutot and Public Benefit Companies (PBCs)
In light of the coronavirus outbreak in Israel, and the restrictive measures taken by the government, the Israeli Corporations Authority has issued updated guidelines to ease the obligations of Amutot and PBCs.
May 10, 2020
Israel: Aid Measures for Third-Sector Organizations and Civil Society
Israel: Aid Measures for Third-Sector Organizations and Civil Society
As part of its effort to deal with the coronavirus crisis, the Social Services Division of the Accountant General’s Department at the Israeli Ministry of Finance recently released an aid package for the benefit of third-sector organizations.
November 6, 2019
Barnea Representing Azrieli Group in Sale of Supergas Holdings
Barnea Representing Azrieli Group in Sale of Supergas Holdings
Our firm represented Azrieli Group in the sale of its holdings in Supergas to Elco Group for NIS 820 million. Azrieli was represented by Advs. Micky Barnea, Ilan Blumenfeld, Sagi Gross and Daniel Kleinman.
July 29, 2019
Barnea Representing Azrieli Group in Sale of Holdings in Supergas
Barnea Representing Azrieli Group in Sale of Holdings in Supergas
Our firm represented Azrieli Group in the sale of its holdings in Supergas to Elco Group for NIS 1 billion. Azrieli was represented by Advs. Micky Barnea, Yuval Lazi, Ilan Blumenfeld, Sagi Gross and Daniel Kleinman.
May 27, 2019
Israeli Registrar of Amutot Presents a New Policy – Certificate of Proper Management Valid for Two Years
Israeli Registrar of Amutot Presents a New Policy – Certificate of Proper Management Valid for Two Years
The Israeli Registrar of Amutot and Dedications has changed its policy on the granting of certificates of proper management to Amutot and public benefit companies (PBC). From now on, any Amutot and PBC that meets particular criteria will be entitled to receive a certificate of proper management valid for two years, instead of for one year, as was the case until now.
March 13, 2019
Eight Basic Terms Relating to Antitrust and Competition
Eight Basic Terms Relating to Antitrust and Competition
When reaching business decisions, nearly every manager must consider issues relating to restrictive trade practices. Click to read basic terms that every business should know about the antitrust law.
November 8, 2018
Barnea Represented Sakal Global Duty Free Ltd.
Barnea Represented Sakal Global Duty Free Ltd.
Our firm represented the owner of Sakal Global Duty Free Ltd. in the sale of the company as part of the sale of the entire Sakal Group to businessman Teddy Sagi.
August 27, 2018
Amendment to Block Exemption for Non-Horizontal Arrangements with No Particular Price Restrictions Approved
Amendment to Block Exemption for Non-Horizontal Arrangements with No Particular Price Restrictions Approved
An amendment to a block exemption for non-horizontal arrangements with no particular price restrictions was recently approved. The purpose of the amendment to the block exemption is to clarify the term “competitors,” which was defined in a general and vague manner in the original block exemption.
March 8, 2018
A Reform in Israel's Insolvency Laws
A Reform in Israel's Insolvency Laws
Recently, the Knesset has passed the Law of Insolvency and Economic Rehabilitation – which is aimed at updating the law on insolvency currently in effect in Israel. The Law will take effect in 18 months from now.
July 25, 2017
Barnea & Co. represented Industries Centers EOD in the acquisition of control by US company ADM
Barnea & Co. represented Industries Centers EOD in the acquisition of control by US company ADM
The acquisition of control by US company ADM of Israeli company Industries Centers EOD—which imports and markets animal feed, processes seeds, and stores emergency inventory for the state—has been completed. The company was represented by Advs. Micky Barnea, Yuval Lazi, Ilan Blumenfeld, Daniel Lorber, Sagi Gross, and Daniel Kleinman.
April 4, 2017
Barnea & Co. Represented Viola Credit in the Acquisition of Negev Ceramic
Barnea & Co. Represented Viola Credit in the Acquisition of Negev Ceramic
Barnea represented a group of investors, led by Viola Credit, in the acquisition of Negev Ceramics from creditor banks. Viola was represented by Adv. Michael Barnea, Adv. Inon Yogev and Adv. Ilan Blumenfeld, Partners at Barnea