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Naveh - Mandelblit Case: Searching Computer Materials and the Treatment of Suspects' Rights

In an op-ed for Calcalist, Shir Rozenzweig addresses the rights of suspects and the lack of oversight of investigative authorities concerning searches made on computer devices.

Categories: White Collar

Barnea: Representing the Aviv Group in an Administrative Petition

Zohar Lande, Adi Shoham, Shay Bello, and Anna Elenport are representing the Aviv Group in an administrative petition against the Herzliya Municipality. The petition was filed after the municipality undertook to approve a development plan for land within a year, a condition precedent to the transfer of the land to Aviv. The municipality however, has yet to review the plan. The Aviv Group is currently bearing the financial cost – whereas the construction is not expected to start any time soon.

Categories: Litigation

Real Estate Taxation: Tax Aspects in Realizing Real Estate Rights

Maya Carmi Lubartovsky, head of our firm’s real estate taxation practice , participated in another episode of the ACC Podcast Series in collaboration with The new episode covers tax aspects of cash transactions, combination transactions, construction services transactions, the tax advantages and disadvantages of different transaction structures, etcetera.

Categories: Real Estate Taxation | Real Estate Taxation | Tax

Real Estate Taxation: Key Things to Know When Conducting a Real Estate Transaction in Israel

As an expert in the field of real estate taxation, Adv. Maya Carmi from our firm, is a guest on the ACC podcast series, providing clarity on all aspects related to real estate taxation. The first two podcasts which were uploaded yesterday, focus on capital gains tax and purchase tax.

Categories: Real Estate | Real Estate Taxation | Real Estate Taxation | Tax

Singapore-based Prytek acquires TipRanks at USD 200 million valuation

Advs. Ariella Dreyfuss and Rahaf Awawdi represented TipRanks in a transaction whereby Prytek acquired an additional 40% stake in TipTanks, becoming its controlling shareholder. In 2021, TipRanks raised $77 million, partially through a secondary offering led by Prytek. This transaction was also handled by the firm, with Adv. Hanna Daher assisting in all tax aspects.

Categories: Corporate | High Tech | Mergers and Acquisitions | Tax

Representation of Bank Hapoalim in a class action filed against it

Eyal Nachshon, Zohar Haim Levinger and Anna Elenport represented Bank Hapoalim in a class action lawsuit filed by the Association of Representatives of Society and the Environment. In the application for the class action, it is claimed that the bank charges excessive exchange fees when converting monies in foreign currency. The court rejected the application out of hand and stated that the submission of the application constitutes conduct in bad faith and misuse of a legal process.

Categories: Class Actions | Litigation

Dr. Zvi Gabbay Lectures to Corporate Secretariat Course at BDO Academy

Dr. Zvi Gabay, the head of our firm's Capital Markets Department, delivered an introductory lecture to a corporate secretariat course at BDO Academy. The lecture focused on topics such as defining the role of the corporate secretariat, its importance to the organization, getting to know board directors, case law analysis, and corporate governance.

Categories: Capital Markets

Barnea: Adjudication of the Entrepreneurship Program at Tel Aviv University

Our firm is the legal partner of the Tel Aviv University Entrepreneurship Center, providing support for various programs, including the "Entrepreneurs on Campus" program, which is designed for female students pursuing a second degree or higher for purposes of developing a startup. Yesterday, the program's Pitch Night took place, in which the entrepreneurs presented their ventures. Adv. Inbar Katzir, who supports early-stage startups, served as a judge at the event's finale

Categories: Corporate

Barnea: Representing Trivago in an Investment in the Israeli Startup Holisto

Our firm represented Trivago, a leading global hotel search platform, in its strategic investment and call option to acquire Holisto, an Israeli AI-driven travel tech platform that serves as a hotel rate aggregator and white-label booking engine provider. Ariella Dreyfuss and Dean Weinberg represented Trivago.

Categories: Corporate | High Tech | Investments | Mergers and Acquisitions

Podcast: The Payment Services Revolution

Anat Even-Chen, who heads the Regulatory Practice at the firm, was a guest on the BDO Business Talk podcast. During her interview, she discussed payment services, the new regulatory requirements, and their impact on the financial industry.

Categories: Regulation

International Bar Association: Ariella Dreyfuss on Acquiring Startups

Partner Ariella Dreyfuss spoke on an IBA webinar about the key legal considerations of acquiring startups and early-stage companies in India.

Categories: Corporate | High Tech | Mergers and Acquisitions | Start Ups

Entrepreneurship: Tal Freilich Hai Lectured at Tel Aviv University's Entrepreneurship Center

Tal Freilich Hai spoke to participants of Tel Aviv University's "Yazamiyot - Female Entrepreneurs on Campus" program about core legal concepts in the world of entrepreneurship and startups.

Categories: Corporate | High Tech | Start Ups

Outright Dismissal of lawsuit

Our firm represented a CFO who previously served at one of the largest construction companies in the country in a lawsuit filed with the Tel Aviv District Court (Economics Department). The lawsuit was initiated by the trustee appointed to the company as part of an insolvency proceeding.


The CFO, who served for only a few months at the company, was one of dozens of defendants, including board members, members of management, controlling owners, and auditors, all of whom were held jointly and severally liable for damages allegedly amounting to approximately ILS 500 million due to the company’s collapse and subsequent insolvency proceedings.


Despite the lawsuit raising several factual and legal claims against the CFO, we took the unusual step of filing a motion to dismiss the lawsuit outright on behalf of the CFO, before even submitting a statement of defense. The grounds for this motion included lack of cause and lack of standing. Following discussions with the trustee, an agreement was reached to remove the CFO from the lawsuit. As a result, the CFO was not held personally responsible for any of the alleged damages, with collective responsibility being attributed to all remaining defendants.

Categories: Litigation

Will the US Regulator Approve the Google-Wiz Deal? Gal Rozent Interview with TheMarker

Gal Rozent, a competition law expert, was interviewed by TheMarker following news of Google's interest in acquiring the Israeli company Wiz. Gal explained current trends in the US and Europe and what competition authorities will request to examine to approve the deal.

Categories: Antitrust and Competition

Corporate Secretariat Course: Elad Reshtick Lectures at BDO Financial Academy

Elad Reshtick, a partner at our firm, guest lectured to a corporate secretariat course at BDO Financial Academy. Elad addressed officer and director compensation, insider information and transactions involving interested parties, financial reporting for managers, and preparing for public offerings. Elad has been invited to lecture to the course again in August, where he will focus on board of director matters and corporate governance.

Categories: Capital Markets

Dr. Zvi Gabbay Conducts Workshop for El Al Managers

Dr. Zvi Gabbay and Zvi Rabin led the workshop "Prohibition on Using Inside Information – Do's and Don'ts" for a group of El Al managers. The workshop was held as part of a compliance, enforcement, and cyber week for senior management at El Al.

Categories: Compliance | Enforcement

AI, Data Privacy, and Technology for the Modern Legal Counsel

Our firm organized a unique four-part course in collaboration with Microsoft, TrustIZ, and Taylor Wessing UK. Designed for legal advisors, the course covered critical topics including AI regulation, drafting and negotiating privacy aspects of AI agreements, and managing data breach events. The final session took place at our offices yesterday, marking the completion of this comprehensive and valuable series.

 

Categories: AI Regulation | High Tech | Privacy Law

Senior Business Management and Director Training Course: Elad Reshtick Lecture

Elad Reshtick, a partner at our firm, was invited to lecture at the Senior Business Management and Director Training Course of the Mafat Unit, responsible for the research and development of defense technologies and infrastructure. In his lecture, Elad covered important aspects of proper corporate governance, including director responsibilities, effective board management and its committees, providing participants with in-depth knowledge and practical tools.

Categories: Capital Markets | Ongoing Counsel

Barnea: Participating in ACC Israel Annual Conference

Zohar Lande, the head of our firm's Litigation Department, participated today in the annual conference hosted by the Association of Corporate Counsel in Israel (ACC Israel). Zohar took part in a fascinating panel on crisis management in companies. 

Categories: Litigation

Barnea: Representing Aviad in Precedential Competition Lawsuit

Our firm represented Aviad Concrete and Clay Industries in a lawsuit against Nesher Israel Cement Enterprises that alleged Nesher abused its monopolistic position and harmed competition. The court's ruling set a precedent regarding the limits of the prohibition imposed on monopolies from discriminating between customers. Gal Rozent and Ran Karmi represented Aviad in the lawsuit. 

 

Categories: Antitrust and Competition