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Barnea is hosting today a business and research delegation from South Carolina, comprised of business leaders, researchers and business developers at hospitals and research Institutions and economic development officials. They have come to Israel to promote collaboration with Israeli companies in Biomed, Cyber and Tech Automotive. Micky Barnea, our Managing Partner, will give a lecture on the legal aspects of doing business in Israel.

Micky Barnea, our Managing Partner, was interviewed by Globes regarding executive pay in the finance sector. He also interviewed on concessions granted by the Tel Aviv Stock Exchange and the Israel Securities Authority. Micky commented that the Tel Aviv Stock Exchange and the Israel Securities Authority have granted a set of concessions to encourage more companies to go public. However, according to Micky, as regards the issue of regulation, the exemptions should be more significant.

Adv. Yuval Lazi, Partner at the Technology Department in Barnea will give business and legal mentoring for start-ups and entrepreneurs at the technological incubator TechCode. Chinese Techcode is a chain of international incubators for start-ups, which assist companies looking to access the Chinese market.

Barnea is representing GBI Racing, a British company which provides betting services to Toto (the Israel Sports Betting Board). Adv. Zohar Lande participated in the Knesset Reform Committee meeting, which discussed the decision to cancel the permit given to Toto as proposed in the Economic Arrangements Law.

In an op-ed published in Globes, we discussed the restoration of funds for victims of stock manipulation, focusing on the question of whether the state is obligated to repay a portion of the fine directly to the victims through a distribution mechanism.

Adv. Micky Barnea, our Managing Partner, will give a lecture today to MBA students in the course "From Idea to Start-up" at the Entrepreneurship and Innovation Department at the Ben-Gurion University of the Negev. The lecture will focus on legal and intellectual property issues necessary for entrepreneurs.

Our Infrastructure Department represented Belectric Israel, which was selected to construct and operate a new 30Mwp PV solar power plant in Ashalim. Belectric Israel is an affiliate of Belectric GmbH from Germany, engaging in the development and promotion of photovoltaic (PV) solar systems world-wide.

Dr. Zvi Gabbay, Head of the Capital Markets & Securities Department at Barnea took part in the annual Dun's 100-Globes Capital Markets Forum, with the participation of industry executives, banking sector, leading investment houses and insurance groups.

Dr. Zvi Gabbay, Head of Capital Markets and Securities Department at Barnea was interviewed by Globes, following law suits filed in the US accusing generic drug companies, including Teva Pharmaceutical Industries, of price fixing. Zvi commented that Teva is exposed to both a criminal indictment and a civil suit, and is liable to have to reach a compromise in both of them. 

On Thursday, December 22^nd we hosted at our office a networking event of the Air Force Innovation Division in cooperation with Startau, Tel Aviv University Entrepreneurship Center. The event was attended by representatives of the industry. The Air Force Innovation Course with Tel Aviv University was launched.

Barnea hosted a meeting of SEEDS, the entrepreneurial program of Appleseed’s Alumni Association which operates technology programs and life skills development in Israel's periphery. Adv. Yuval Lazi, Partner in the Technology Department lectured on the topics of Founder's Agreements and a tool box for entrepreneurs.

An article by Adv. Yuval Lazi, Partner in the Technology Department at Barnea, on the subject of the current and future market place for applications, was published by Globes Dun's 100. Yuval commented that as regards Israeli start-up companies which develop application-based technologies or solutions, there is a real need to redefine the prospects and risks.

Adv. Maya Zisser, Partner in the Real Estate Department at Barnea, was interviewed by Bizportal following the approval of the third apartment tax bill by the Finance Committee. Maya commented that we will not see a wave of sales of flats by owners of third apartments, but instead, owners will pass on the burden to tenants by way of increased rentals.

Adv. Marie Tsion, Head of Employment Department at Barnea was interviewed by The Marker. Marie presented the most important developments in labor law which will impact upon 2017. Marie commented that employee's right to privacy in the workplace was the focus of discussion in respect of 2017 and will continue to be discussed in the coming year.

Barnea together with ChannelSmart and Syneron-Candela will host an event on December 22nd on best practices for go-to-market strategy and channel development. Adv. Micky Barnea, our Managing Partner, will highlight the important information to include in Distribution Agreements.

Adv. Ariel Nadler, Partner and Head of the Real Estate Department at Barnea, was interviewed by Bizportal, following “Mechir Lemishtaken”'s cancellation of the winners because of funding problems. According to Ariel, when financing through a bank guarantee, the payment plan can be 20% of the payment for the flat at the beginning and 80% when the entry and permit is issued ("tofes 4"). The recommendation is to leave as much money for the last payment. 

Adv. Micky Barnea  will participate in a round-table meeting with other leading law firms regarding the employment of Arab interns and lawyers. The meeting was initiated by the Deans of the Universities' Faculty of Law.

Adv. Harel Perlmutter, Head of the Tax Department at Barnea was interviewed by Ynet regarding the expected tax amendments going into effect in 2017.

Dr. Zvi Gabbay, Partner and Head of Capital Markets & Securities Department at Barnea was interviewed by Several Israeli Newspapers, after Nochi Dankner was sentenced today to 2 years in prison following his conviction on charges of stock manipulation. Zvi commented that unlike the verdict, which gave the impression that Dankner would receive a more severe punishment, it can be assumed that the District Court tried to impose a light sentence, but one which would not cause the prosecution to file an appeal.

Dr. Zvi Gabbay, Partner and Head of the Capital Markets Department at Barnea, in a comparative review of the regulation of crowdfunding for Butterworths Journal of International Banking and Financial Law. The article discusses how three jurisdictions, the UK, US and Israel, have dealt with the regulatory aspects of the equity crowdfunding sector, comparing and contrasting the approaches taken by the regulators.