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Bar-Ilan University Law and Environment Club: Ethical Consumerism and Sustainable Fashion

As part of the inaugural event of Bar-Ilan University’s Law and Environment Club, firm partner Sagi Gross will deliver opening remarks on the importance of law and the environment. His speech will touch on developments and changes in recent years.

Categories: Environmental Law

Interview with Micky Barnea: Kibbutz Industry Closes Two Years of Successful Exits

In the last six months, the kibbutz industry has signed ten significant deals for hundreds of millions of dollars. How and when did the kibbutz industry become so attractive? What happened in the last decade that caused this explosion in the kibbutz industry and is this a temporary phenomenon? A Globes article on the subject features interviews with several experts in the field, including Micky Barnea.

Categories: Kibbutz Sector

Netta Bromberg Attends Dun’s 100 Labor Law Forum

The Dun’s 100 forum for legal experts in the field of labor law convened yesterday to discuss issues on the professional agenda, including sexual harassment, the medical interns’ protest, and the war on high-tech workers.

Firm partner Netta Bromberg, the head of our Employment Department, took part in the forum alongside other senior attorneys in the industry.

Categories: Employment

Representing ISI in a Petition Against the Israeli Ministry of Health

We represented Israel Scientific Instruments Ltd. (ISI) in a petition filed with the Jerusalem District Court against the Ministry of Health and others, claiming that the tender for the purchase of coronavirus tests managed by the Ministry of Health was conducted unequally while giving an unfair advantage to ISI's competitors.

Eran Winner, Ido Vakshi and Gaya Tsarfati, represented ISI in the petition. They petitioned the court with an order to cancel the tender and publish a new one.

Categories: Administrative Law | Litigation

Representing Reef Technology in Acquisition of Israeli Startup Bond

We advised Reef Technology, one of the largest operators of mobility, logistics hubs, and neighborhood kitchens in the United States, on its acquisition of the Israeli logistics startup Bond, which was initially founded as Shookit, a direct-to-consumer grocery startup that delivered fresh produce to clients in the city within hours. The deal was led by Advs. Michael Barnea, Ariella Dreyfuss, and Tal Freilich. Netta Bromberg advised on the employment side. Harel Perlmutter and Hanna Daher advised on the tax side. Anat Even-Chen advised on data privacy and security and other regulatory matters.

Categories: Corporate | Investments | Mergers and Acquisitions

Representing GAP Inc. in Acquisition of Israeli Startup

Our firm advised the fashion giant GAP in its first significant acquisition of an Israeli technology startup. As part of the acquisition, CB4’s team will join Gap as full-time employees. Advs. Simon Jaffa and Ariella Dreyfuss represented the US clothing and accessories retailer. Advs. Netta Bromberg and Jacki Silbermann advised on the employment matters arising from the deal.

Categories: Corporate | Employment | Investments | Mergers and Acquisitions

“Pandora Papers” Scandal: N12 Interview with Harel Perlmutter

The “Pandora Papers” scandal, revealed yesterday, shines a spotlight on the world of tax havens.

Firm partner and Tax Department head Harel Perlmutter addresses the issue in an interview with N12.  

Categories: Tax

Representing Azrieli Group in NIS 1.31 Billion Acquisition of Mall Hayam

Our firm represented Azrieli Group, the largest income-producing real estate company in Israel, in the acquisition of Mall Hayam for NIS 1.31 billion.

Firm partners Terry Almozlino Arnon, Ilan Blumenfeld, and Alon Wolner represented Azrieli in the transaction.

Categories: Corporate | Investments | Real Estate | Real Estate Transactions

Op-Ed: Knesset Debate on Establishment of Regulatory Authority

Dr. Zvi Gabbay, the head of our Capital Market and Financial Regulation Department, has an op-ed in Globes on the current Knesset debate over the establishment of a new regulatory authority.

Categories: Regulation

Representing Niio in Strategic Partnership and Financing Agreement with Samsung

Our office has served as legal counsel for Niio, a unique digital art platform, since its establishment. The startup recently completed a USD 15 million fundraising round. Firm partners Simon Jaffa and Ariella Dreyfuss also represented Niio in a strategic partnership and financing agreement with Samsung Display, which will exhibit on hundreds of its frames the digital artwork Niio offers.

Categories: Corporate | Investments | Start Ups

Representing RSBG in USD 140 Million Sale of Cybersecurity Company’s Shares to LG

Barnea represented RSBG Ventures GmbH in the USD 140 million sale of its shares in the Israeli cybersecurity company Cybellum Technologies Ltd., as part an acquisition of a majority stake (65%) in the company by LG Electronics Inc. Firm partners Simon Jaffa and Ariella Dreyfuss led RSBG’s role in the transaction.

Categories: Corporate | Investments | Mergers and Acquisitions

District Court Ruling: Azrieli Foundation Exempt from Paying Taxes on Dividends

An Israeli district court rejected the Israel Tax Authority’s attempt to force the Azrieli Foundation to pay taxes in the amount of tens of millions of shekels for dividends it received and continues to receive due to its holding in Azrieli Group's shares. The court accepted the tax appeal, which was filed by Barnea Jaffa Lande, and ruled that the Azrieli Foundation,  a non-profit organization that works for the public good in Israel, is not the controlling owner of Azrieli Group and is therefore entitled to a tax exemption. The court ruled, among other things, that the ITA’s position could have a chilling effect in relation to business entities’ support of philanthropic associations. Our firm's  Zohar Lande, Eyal Nachshon, Harel Perlmutter, Nir Ziman, and Omer Keydar represented the Azrieli Foundation throughout the proceedings, which lasted about five years.

Categories: Litigation | NPO | Tax

Guardianship Struggle over Eitan Biran – Everything You Need to Know about Writing a Will

In recent days, the guardianship struggle over Eitan Biran, the young boy whose parents and little brother were killed in a cable railway disaster in Italy, has made headlines again. This sensitive event has aroused interest around the question of writing a will at a young age. Adv. Liat Keisary addresses this issue of concern for many parents in an interview with Israel Hayom.

 

Categories: Inheritance Disputes | Private Clients

Adv. Dror Arad-Ayalon Joins Firm as Special of Counsel

Adv. Dror Arad-Ayalon has joined our firm as a special advisor in the fields of white collar, ethics, and defamation. Dror has earned a reputation for his extensive experience in representing defendants in criminal cases that have received widespread media coverage.

Categories: Compliance

Can an Employer Require an Employee to Get Vaccinated?

In the attempt to deal with the COVID-19 outbreak, many questions have arisen with regard to proper workplace conduct.

Can an employer require an employee to get vaccinated? Can it force an employee to take a COVID test? Who bears the cost of the test? How should the quarantine period be calculated?

Netta Bromberg, the head of our Employment Department, addresses all these questions in an interview with Maariv.

 

Categories: Employment

Webinar with IBM — Growth Tools for Infant Startups

Barnea is hosting today in collaboration with IBM a webinar on the technological and business challenges that startups in their infancy stages should pay attention to.

As part of the webinar, firm partner Yuval Lazi will discuss the business and legal aspects that exist along the way. He will provide participants with tools on how to get their startups on the right path to success.

 

Categories: High Tech | Start Ups

Calcalist Interview – Reason for Years-Long Drop in Establishment of New Tech Ventures

According to data from the Israel Innovation Authority, since 2014, when 1,404 new startups were formed, there has been a steady decline in the establishment of new startups. For instance, in 2020, only 520 startups were formed.

Firm partner Yuval Lazi, an expert in the high-tech field, addresses the phenomenon and analyzes the data in an interview with Calcalist on the subject.

Categories: High Tech | Start Ups

Tax Facts on Renting Out Apartments in Israel and Abroad – Podcast with Firm Partner Harel Perlmutter on Calcalist Website

Are you renting out an apartment? It is important to be aware of the existing rental income tax tracks, if there is a difference between the taxation of short-term rental apartments and long-term rental apartments, and the rules on renting out apartments abroad.

 

Adv. Harel Perlmutter, partner and head of our firm's Tax Department, addresses all these questions in a comprehensive podcast on the taxation of renting out apartments in Israel and abroad.

Categories: Tax

Zvi Gabbay Interviewed by Calcalist as Expert on White-Collar Crime

Zvi Gabbay, the head of our firm's Capital Markets Department, was interviewed by Calcalist along with several other of Israel's leading lawyers in the field of white-collar crime and criminal law.

 

Zvi addressed the core issues of the field and the impact of COVID-19, and provided his forecast for several ongoing major cases.

Categories: Capital Markets | Enforcement

Representing Azrieli Group in NIS 2.8 Billion Acquisition of Norwegian Data Center Company

Our firm represented Azrieli Group, the largest income-producing real estate company in Israel, in a share purchase transaction of the Norwegian company 'Green Mountain' for NIS 2.8 billion. The Norwegian company operates three server farms in Norway and holds contracts with a total volume of 24 megawatts.

Categories: Corporate | Investments | Mergers and Acquisitions