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Ilan Blumenfeld, a partner in our firm, lectured to students of a course on corporations at the College of Management on mergers and acquisitions and the various stages of M&A transactions.

A new cycle of the jumpTAU accelerator program, from Tel Aviv University, has begun. The accelerator supports multicultural ventures, in an effort to promote cooperation between Arab and Jewish entrepreneurs.

Our firm advises the accelerator as part of a broad collaboration with Tel Aviv University. In a meeting held today, four of our attorneys lectured to the entrepreneurs on a number of relevant topics.

 Itay Gura lectured on startup financing and Anat Even-Chen lectured on website regulations and privacy policies.

Migdal is investing USD 20 million in Tipa, an Israeli cleantech company that is developing and marketing compostable flexible packaging solutions for foods and various other consumer goods.

Our firm is advising Migdal, who took part in Tipa’s investment round alongside Millennium Food-Tech and Meitav Dash. Itay Gura and Inbar Katzir represented Migdal in the transaction.

Our firm is representing the tenants' representatives, as well as 189 apartment owners in the luxury project Meier on Rothschild, in a lawsuit filed against the project's entrepreneur and founder, Berggruen Residential Limited and Hajaj-Cohen Investments. The NIS 2.8 million lawsuit alleges very serious deficiencies and omissions were discovered in the project.

Tax refunds are not just a matter for the self-employed. In an interview with Israel Hayom to mark the end of the tax year, Harel Perlmutter, the head of our firm’s Tax Department, provides valuable advice on the subject.

Dr. Zvi Gabbay will lecture today to members of the "Law and Environment" student club at Bar-Ilan University. The lecture will cover the practice of environmental law and include an analysis of precedent-setting judgments on the subject of the environment.

Our firm is representing Ness Technologies, owned by Hilan, a TASE-traded software company, in a transaction to acquire 100% of the share capital of DXC Technology's IT services company in Israel (formerly EDS). The scope of the transaction is USD 65 million, and its completion is expected at the end of the first quarter of 2022. Advs. Micky Barnea, Yuval Lazi, Mayer Winkler, and Dana Ben-Yehuda represent Ness in the transaction.

Yuval Lazi will lecture today on the necessary legal tools to ensure a venture’s success, as part of the entrepreneurship program WE - Women Entrepreneurship. WE is a community that promotes women (mainly female students and alumni) in the entrepreneurship field. It operates on various campuses, including Tel Aviv University, Hebrew University, Bar-Ilan University, Ben-Gurion University, the Technion, Reichman University (IDC Herzliya), and the College of Management.

As part of a new wave of COVID-19 restrictions, the Israeli Ministry of Health sought to implement a plan to mark vaccinated people with bracelets in all malls and shopping centers, thereby allowing them to walk freely around such complexes (as opposed to unvaccinated people). The Azrieli Group, through Advs. Zohar Lande, Eran Winner, Anat Even-Chen, Ido Vakshi, and Gaya Tsarfati, sent an urgent appeal to the Prime Minister, the Ministers of Health, Economy and Industry, and Justice, and the Attorney General. In the appeal, we argued that the plan is “discriminatory, offensive, unreasonable, and disproportionate.” In light of the criticism, the Prime Minister and the Minister of Health have decided to walk back the bracelet plan and not include it in the government vote for implementing the Green Pass in malls.

Advs. Eyal Nachshon and Shachar Rothschild represent the minority shareholders of the SeeTree startup. The minority shareholders, who until recently held 3.8% of the company’s shares, claim in the lawsuit we filed that their holdings were diluted to 3.074%, depriving them of their rights, while the majority shareholders exceeded their authority and violated obligations to them. The startup completed a sixth round of funding this year at a value of USD 70 million.

Our firm is advising the Association of Publicly Traded Companies vis-a-vis the Ministry of Justice, the Commission for Equal Rights for Persons with Disabilities, and the Israel Securities Authority regarding accessibility requirements for public company reports.

From the legal review we prepared for the client, we determined there is no place or justification, even from a broad international perspective, to impose accessibility requirements on companies with regard to public company reports, or to allow private enforcement (in the form of class action lawsuits) against public companies.

Sagi Gross, Daniel Kleinman, and Izabel Pashayev represented Natoon Group and its shareholders in a sale of control of 70% of the group's holdings to Afcon Holdings, a public company. Natoon Group is engaged in asset management and operation services and the maintenance of fire safety systems.

An Israeli magistrates' court recently discussed the issue of copyright infringement regarding the use of a tagged photo on Instagram. According to Adv. Gal Livshits, a firm partner interviewed by Israel Hayom on the subject, "Sharing a picture of others on social media is so common we do it often without even thinking, but we must be aware that sharing a piece of content (picture, text, etc.) has consequences."

Our firm represented Mashov, the developer of a school management app, in its sale to the Israeli company Priority. About one million parents and school students use the app on a daily basis to communicate with pedagogical teams. Mashov is a profitable company that employs 25 people.

Since the COVID-19 outbreak and the exacerbation of the climate crisis, ESG factors have increasingly influenced the profit line of businesses. The ESG Management Program at the Coller School of Management at Tel Aviv University, which will open in March 2022, will bring the most important aspects of ESG to those whose activities have an impact on the investment chain: executives, directors, investors, analysts, and public sector personnel.

As part of the program, Dr. Zvi Gabbay will give a lecture entitled: "Risks and Legal Responsibility - How ESG Becomes a Significant Part of the Duties of an Organization's Officers and What Happens When Neglected."

We represented Mouro Capital in its USD 8 million equity investment in the Israeli tech insurance startup Vesttoo, as part of its role as the lead investor in the company's USD 16 million Series B round. Ariella Dreyfuss represented Mouro Capital in the deal.

Yuval Lazi, Itay Gura, and Inbar Katzir represented the Israeli startup NickNack in its sale to Papaya Global Ltd., a private Israeli company that provides payroll and human resource management computing services to multinational corporations. NickNack is developing a platform that fosters team engagement and togetherness for organizations working remotely.

Our firm, in collaboration with the Public Companies Forum of the Association of Corporate Counsel in Israel, has launched a series of webinars on internal enforcement. Among the lectures in the series, to be delivered by Dr. Zvi Gabbay, is "Prohibition on the Use of Insider Information, What an Internal Enforcement Plan Is, and How It Is Implemented in Organizations."

Gett announced last week a USD 1.1 billion merger with an SPAC. This prompted unrest among former Gett employees who feared a dilution of their shares. We were interviewed by TheMarker about workers' rights during issuances and SPAC processes.

We served as legal counsel for Inomize, an Israeli developer and manufacturer of electronic components, in its acquisition by Facebook. The acquisition is by way of acquiring the know-how and experience of Inomize’s employees. Adv. Ariella Dreyfuss led the deal. Advs. Netta Bromberg and Jacki Silbermann advised on the employment matters.