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Our firm was interviewed by TheMarker following publication that a group of apartment purchasers in the exclusive Blue project submitted a claim against Canada Israel. We explained more about purchasing groups and noted that "those who join purchasing groups become entrepreneurs together with the other group members and, as a result, are dependent on the management of the group. The group members have no final price for the apartment, there is no final date for occupancy, and there are no guarantees for the money that they pay. It is important to remember that despite the possibility of large savings in the value of the future apartment, which sometimes reaches 20%, there are many projects managed incorrectly and that sometimes even cost the group more money than they would pay if they were buying an apartment directly from a contractor."

Our firm is representing the Chinese investment fund Neng Yang in its acquisition of Advanced Dicing Technologies Ltd. (ADT). ADT is an Israel-based electronics dicing equipment company. The acquisition amount is USD 35 million.

Our firm is representing Azrieli Group in its equity investment in Compass Datacenters LLC., a company engaged in the commercialization of hyperscale data centers in North America. This acquisition is part of Azrieli Group's overall expansion into real estate in the international arena.  

Our firm continues to represent businessman Eyal Shamir in a lawsuit against British Israel over its merger transaction with Melisron. As part of the lawsuit, Shamir's conversation with Ronen Gaon, who served as a director of British Israel, was exposed. Adv. Zohar Lande, Head of the Litigation Department, who is representing Shamir, told TheMarker that "Gaon's appeals to Shamir regarding the matters discussed in the article were rejected by Shamir outright."

Our firm hosted today a meetup for entrepreneurs in the femtech field. Co-hosting was 50inTech, a French organization that provides a platform for women in the high-tech industry.

During the meetup, in which 25 entrepreneurs gathered, Ariella Dreyfuss delivered a brief overview of challenges, trends, and opportunities in the femtech field.

As part of the firm's representation of the IBM Alpha Zone Accelerator, Adv. Itay Gura attended a session with participants of the new class and lectured on the issues facing late-stage startup companies.  

Our firm represented the private equity group Bridgepoint in the acquisition of control in the Israeli software testing company Qualitest from Marlin Equity Partners for approx. USD 420 million.

Adv. Ariella Dreyfus, a partner in our firm who has advised startups in the femtech field, was interviewed by TheMarker for an article on the burgeoning femtech market. This market is estimated to reach a value of USD 50 billion in 2025.

Following a Supreme Court hearing, Gad Zeevi and Zeev Rom decided to withdraw their mutual appeals and to keep the District Court ruling ordering Zeevi to pay Rom USD 1.5 million in connection with the financing transaction for the purchase of Bezeq shares in 2000. Rom was represented by Advs. Zohar Lande and Moran Bickel of the firm's Litigation Department.

As part of our partnership with the Hebrew University of Jerusalem Executive Innovation and Entrepreneurship Program (HUstart), Yuval Lazi lectured today to the participants of Israel Lean Launchpad, an innovative acceleration program founded by Hebrew University, Merage Institute, Startup Nation Central, and the Jerusalem Development Authority.

Adv. Anat Even-Chen lectured to members of "The Library," the Tel Aviv Municipality's urban innovation space. The lecture focused on the Israel Innovation Authority's (IIA) grant programs and the various considerations entrepreneurs must take into account before applying for a grant from the IIA.

Our firm was interviewed by Globes about a pinui-binui project in Kiryat Yovel, Jerusalem, some of whose residents we were representing. Residents of the middle building objected to the plan before the Jerusalem District Planning and Building Committee, which eventually decided to exclude this particular building from the project. Our firm noted that this decision proves it is possible to make flexible plans and exclude buildings with objections while still otherwise approving pinui-binui plans.

Adv. Anat Even-Chen, a partner and our regulation expert, published an article in Globes describing the advancement of the payments market in Israel and its opening up to competition. This move requires courageous measures by regulators - the Capital Market Authority and the Bank of Israel.

The Planning Administration revealed that the deadline for the completion of the TAMA 38 plan is May 2020. As expets in the field, our firm was interviewed by TheMarker on the matter. We noted that the Planning Administration's announcement entangles an entire industry built on the basis of TAMA 38, and projects that invested hundreds of hours of work and hundreds of thousands of shekels will be left orphaned and unable to implement.

Inon Yogev, a partner in our Infrastructure and Project Finance Department, lectured today as part of a seminar on the establishment of P.F.I projects in the defense sector. In attendance were senior officials from the Ministry of Defense and the IDF.

Our firm represented JJDC in its follow on investment in the Israeli medtech company DayTwo, as part of a $31 million series B round.  

Our firm hosted today an event in cooperation with the Israeli Investor Relations Forum on investor relations and corporate responsibility. Dr. Zvi Gabbay lectured on how corporate responsibility is perceived by regulators.

Our firm represented Israel Natural Gas Lines (INGL) in the conclusion of a detailed agreement with Greek company Energean for the transfer of the near shore and onshore part of the pipeline that will deliver gas from the Karish and Tanin FPSO into the Israeli national gas transmission grid. As consideration, INGL will pay Energean 369 million NIS.

Max, of Leumi Card, and Pipelbiz, the first and largest equity crowdfunding platform in Israel, have launched a new program for entrepreneurs. Program members include both fintech and insuretech startups.

Our firm was chosen to serve as the initiative's legal partner. The startups recently visited our firm, where Dr. Zvi Gabbay and Alon Anava lectured about crowdfunding regulation in Israel and abroad, as well as about challenges and opportunities in this field.

Our firm represented Axcel in the acquisition of Phase One from Silverfleet Capital. Axcel is a leading Nordic private equity firm focusing on mid-market companies. It has a broad base of both Nordic and international investors.