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Tadiran to acquire Supergas
Tadiran Holdings Ltd., controlled by Moshe Mamrod, is acquiring the gas distributor, Supergas, from Granite Hacarmel, a unit of Azrieli Group Ltd., for NIS 250 million. Micky Barnea and Ilan Blumenfeld represent Granite Hacarmel.
Exclusive Q&A On Banking & Finance With Simon Jaffa
As an Israeli expert in Banking & Finance, Adv. Simon Jaffa participated in a Q&A by the leading CorporateLivewire website. Simon reviewed the recent regulatory changes in the area, key trends expected to be seen over the coming year.
Barnea represents TDT Specialist SRL
Eli Reifman, former CEO of Emblaze, and managers at MCE Systems are being sued by a Romanian company,TDT Specialist SRL, for 63 NIS million. TDT is represented by Adv. Zohar Lande and Adv. Gal Livshits.
Barnea & Co. hosted a delegation from Peru
Is the online financial trading industry part of Israeli high-tech?
Top FX figures meet venture capital firms in Tel Aviv: Is the age of funding here?
Senior industry figures from a host of FX companies met top venture capital investors in Tel Aviv, Israel today at the conference hosted by Barnea and the IVC. To read more, please click here
The birthday of her Majesty Queen Elizabeth II
Joint interview – Micky Barnea and IVC CEO - Mr Koby Simana
Micky Barnea, managing partner of Barnea, and Koby Simana, CEO of IVC Online, in a joint interview focused on the area of financial trading platforms. In the interview Micky discusses the effects of the new Israeli regulations pertaining to the activities of trading platforms. These regulations will come into effect on May 26, 2015.
"Voluntary retirement plans": what the employee needs to know
Last week Teva and Cellcom announced voluntary retirement plans for certain employees. Teva offers early retirement to 200 employees. The plan includes a retirement package on particularly beneficial terms, markedly higher than what prevails in the market.
Cellcom offers every employee with 30 months or more of seniority the possibility to terminate his work at the group, with a substantial economic parachute in the form of especially generous retirement terms. The plan includes an attractive basket of benefits with a limited number of places.
Starting now and during an entire month, all company employees meeting the seniority criterion can submit a request to management for inclusion in the plan.
Following those offers, Marie Tsion was interviewed by Globes and discussed the influence of workers' committees: "Once there is a worker's committee and convergence of interests - a voluntary retirement plan is the best solution. An Employer understands that in this way it will achieve maximum results and pay less, eventually. If the CEO feels he has a partner he will always prefer the dialogue ".
Legal Business: Israel 2015
The Legal Business magazine has dedicated its April edition to Israel, with a focus on current topics and trends in the country. Michael Barnea and Simon Jaffa were interviewed regarding Chinese interest in doing business in Israel. "In some respects because of the geopolitical limitation, there is less competition for certain deals. Investors may not face as much competition as businesses in the US and UK," says Barnea.
Legal Business: Israel
As an expert in the Infrastructure and Gas industries, Simon Jaffa was interviewed by the Legal Business magazine, concerning the current uncertainty arising from the anti-trust commissioner’s intervention in the ownership structure of Israel’s gas fields, saying: 'all this uncertainty puts off foreign companies coming into Israel and investing'.
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As part of the coalition negotiations, the" HaBayit HaYehudi" party demands the amendment of the "Non-Profit Organizations" Law as a condition of its entry to the government. Adv. Asaf Shalev, who specializes in advising non-Profit organizations, has written in an opinion piece which has been published in Maariv.
"Globes" Dun's 100 law firms rankings for 2015
How the new government will cope with failures in the real estate market?
SAVE THE DATE: Online Financial Trading NOW, May 5th Tel Aviv
An Overview Of Gambling Law In Israel
360Law website published our Overview Of Gambling Law In Israel. In our overview we provide an analysis of current laws in Israel and discusses innovations and possible future developments therein.
Election Day: Can the employer oblige you to work?
Election Day in Israel is considered a day off. The employer cannot oblige its employees to work without this day off - except for a series of public services established by the CEC. We were interviewed by Ynet regarding the rights of employees.
Barnea & Co. represented Athena SCS Limited
Barnea represented Athena SCS Limited, a UK based company, and its shareholders in the sale of the company to NXP Semiconductors NV, a Nasdaq listed company. Athena is an independent UK-based developer of state-of-the art smart card solutions for access, enterprise, eGovernment, transportation, payment and mobile solutions.
Is it mandatory to publish an immediate report about negotiations regarding a potential transaction?
Recently, Judge Ruth Ronen of the Economic Department of the Tel-Aviv District Court handed down a ruling on the matter of a tender offer published by Africa-Israel Industries in 2012 for the purchase of shares of Negev Ceramics.
Barnea & Co. represented eight defendants in case relating to well known property project
After seven years of litigation Advocates Zohar Lande and Gal Livshits of Barnea & Co successfully assisted their clients to defeat a claim of NIS 10m filed by Shragai and Sons Ltd, a contractor, against their clients. The claim related to the high profile Telzstone development near Jerusalem. The claim was dismissed by the Court with costs awarded against the Plaintiff.