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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.
Importance of employment contracts - Marie Tsion's lecture at the Human Resources Managers Forum
Marie Tsion to participate in a Human Resources Managers Forum at the Emek Yezreel Academic College. Marie was lectured about the importance of employment contracts and the way it may influence the position of HR manager in the organization.
A hi tech attraction/ Israel special report
Despite the conflict in Gaza, 2014 was an extremely busy year for Israeli Hitech M&A transactions.
Several partners at leading law firms, including Simon Jaffa, were interviewed by "The Lawyer" to review last year’s results and discuss the technology market.
Dispute between Israeli company and Royal Jordanian Airlines erupts over package tours for Israeli Arabs to Saudi Arabia via Jordan
Round Table: Director responsibility in today’s era
Due to the many regulations, legal advisors and statements of claims, the directors of public companies do not know if it's their job to manage or supervise. Micky Barnea, a renowned figure in this field, was invited to be a member of a panel of experts to discuss the responsibility of the Board of Directors in the new era.
Mergers & Acquisition 2015 - Virtual Round Table
Corporate Live Wire held a Mergers & Acquisition Roundtable with five experts from around the world, including Simon Jaffa.
The international Mergers & Acquisition experts examined the latest changes and developments in each expert's respective jurisdiction.
The mergers & acquisition roundtable provides in depth analysis of the latest trends in the M&A arena. This included topics such as the main risks and challenges facing cross-border activity, tax implications and the strength of technology-based investment in Israel.
The Implications of violating Facebook’s terms and conditions
Recently, one of the most popular Facebook pages in Israel, by the name of "Twitting Statuses", was suspended and later permanently removed by Facebook. The reason for such action was that the operator of that page (the "Operator"), so it is understood, was paid to publish commercial content on that Facebook page, without going through the Facebook advertising system and without providing any due disclosure that such content was indeed paid for. It appears that the Operator offered various media packages to advertisers fixing prices based on different kinds of exposure on this page.
After this manner of operation became public knowledge, Facebook suspended the page and a few days after that permanently removed it. Facebook stated that these actions were taken because the Operator had breached Facebook's terms and conditions. According to Facebook, the Operator received warnings about his manner of operation, but ignored them. Despite the Operator's efforts, which included going public with Facebook's actions and publishing a letter sent from him to the head of the Israeli office of Facebook, his efforts to change Facebook's decision were unsuccessful.
Without getting into the legal spat between Facebook and the Operator, this turn of events proves the importance of following the terms and conditions of Facebook. All of the work and effort of the Operator will probably go down the drain, causing him substantial financial loss and diminution in value in connection with this Facebook page. And this is not something to trifle with - according to newspaper reports, the Operator, prior to this turn of events, asked to receive NIS 10,000,000 (approx. USD 2.5M) for the page and had 700,000 followers (and claimed to reach exposure of millions).
Given the fact that this kind of business lives or dies on the existence of the Facebook page, and that it operates on a platform owned by a third party, it goes without saying that where the business is intended to generate followers and create value without adhering to the terms and conditions of the third party owned platform, it is reasonable to believe that sooner rather than later, such value will dissolve into thin air. Further, where there are third party investors that are involved in such a business, this could establish a cause of action against the entrepreneur who used their investments for purposes of the business; where such a core fundamental element of the business is questionable, there is a possibility that the investors will seek to recover damages from the entrepreneur.
So, entrepreneurs – pay close attention to the rules of any third party you rely on for the purpose of creating value for your business, failing which , you could expose yourself to financial difficulties on a number of fronts.
Marie Tsion will lecture at the Upper Galilee Human Resources Managers Forum
On 12 February 2015, Marie Tsion, head of employment law, will participate in the HR Managers Forum of the northern region. The forum includes CEO’s and HR managers of leading companies and meets once a month at the Upper Galilee Regional Council.
Whitewater Holdings must pay 127 000 NIS to its former Vice President, Aviad Caspi
The Magistrate's Court in Tel Aviv accepted the claim of "Mika Benroy", a company owned by Mr. Aviad Caspi, a former business development vice president of Whitewater Holdings. Caspi is also the son in law of businessman, Edwin (Benny) Tish. Caspi submitted the claim against Whitewater Holdings, of which Uri Yogev is the founder and former Chairman of its Board of Directors .
The Magistrate's Court decided that Whitewater Holdings must pay an amount of approximately 127 000 NIS to "Mika Benroy" (Caspi’s company) for services given to Whitewater Holdings, for which no consideration had been paid.
The suit was filed by Adv. Zohar Lande, Adv. Shai Sharvit and Adv. Itay Wigoda from Barnea
You’ve been on a job interview but are still waiting for an answer? The employer must now inform the job seeker
The new amendment to the Notice to Employee will require employers to give written responses to job applicants whether or not they have been hired. The new amendment will take effect at the end of January.
Today, hiring procedures can include a number of in-house interviews, assessment centers and more. Thus the employee recruitment process has become increasingly longer. Candidates often have to wait lengthy periods before receiving a reply from employers and sometimes do not get a reply at all. Candidates are left with considerable uncertainty regarding the important issue of pursuing a career. The amendment is intended to address these issues.
The Threats to the Foreign R&D Centers in Startup Nation
There is no doubt that Israel has a thriving high-tech industry. Israel has developed a high-tech eco-system that encompasses companies at various stages of development. It has also built up an extensive community of investors and development centers of international companies. The high-tech industry in the start-up nation has attracted and is attracting corporate giants from around the world to operate their development centers in Israel. This is done via the acquisition of Israeli companies or as part of a business strategy of creating a presence in Israel.