Insights & News /  

Purchasers of Apartments in Afula were surprised to receive a call from a mortgage advisory company,  despite not having given the contractor prior consent to transfer their data to such company. The Ministry of Construction and Housing commented on this issue that "if necessary, we will sharpen the guidelines’’

The Privacy Protection Act regulates the use of personal information databases and providing this information to third parties without the individual's consent is illegal. 

Adv. Yuval Lazi and Adv. Itay Gura attended at the Tel Aviv University to lecture to participants in the Tel Aviv University’s MBA Programs in Innovation and Entrepreneurship on some of the legal and commercial aspects of starting a business. The participants took part in a Hackathon on 30th May.

Barnea invites you to the TAU Innovation Conference 2016. The conference is the largest international innovation conference in the Middle East, with over 6,000 attendees from across the world. This includes entrepreneurs, industry leaders, diplomats, investors, and highly respected keynote speakers at educational and networking events. As Barnea is a participant in the event, our clients enjoy a 35% discount (Password:  TAUBarnea2016)

As part of the event, Micky Barnea will participate in the IPO and exits panel, Yuval Lazi will participate in the fundraising panel and Yuval Lazi and Ariella Dreyfuss will be judges at the Tel Aviv StartUp Challenge competition.

Barnea represents Hanan Mor Group, a public traded company, and other companies of the Hanan Mor Group, in a lawsuit filed against them by the contractor relating to a number of real-estate projects.  The contractor claimed damages and requested an order to prevent the forfeiture of bank guarantees. The court rejected the contractor 's request. The court also accepted in full the arguments raised by Barnea and criticized the conduct of the other party, pointing out that the version of the other side "raises questions". The court awarded Hanan Mor Group fees and costs in the amount of NIS 12,000.The Hanan Mor Group is represented by Adv. Zohar Lande, Adv. Itay Wigoda and Adv. Shachar Parnes from the Litigation Department at Barnea

Following the suspicions that Likud minister, Haim Katz, used insider information for financial gain, Dr. Zvi Gabbay was interviewed by Reshet B Radio station, at London & Kirshenbaum, a current affairs news show on Israeli Channel 10, and by Globes. 

Simon Jaffa Adv. and Ariella Dreyfuss Adv. represented The Jeremy Coller Foundation in its donation of up to USD 50 million to the Tel Aviv University for its School of Management.

Micky Barnea will deliver a lecture to entrepreneurs tonight at TRI/O (Tech Entrepreneurship Hub) at Kfar Quasim, on investment agreements. TRI/O is a collaboration of three entities:  Tsofen, an Arab-Jewish organization promoting the integration of Israel’s Arab citizens into the hi-tech industry, MIT Enterprise Forum and MEPI - Middle East Partnership Initiative , a USA fund that offers assistance, training, and support to groups and individuals striving to create positive change in Israeli society.

Yuval Lazi will lecture (May 16, from 6:00 PM to 9:00 PM) at the Google Campus Startup School for entrepreneurs on 10 Annoying Legal Mistakes of Early Stage Start Ups as well as the advantages of Founders' Agreements.

Google Campus is part of a global network including Campus Tel Aviv and Campus London.

How  options are being used as a tool to solve the problem for start-ups of recruiting, remunerating, incentivizing and retaining quality employees.

Daniel Lorber, head of the firm’s Employee Benefits and Executive Compensation team,  published an article in the IDC Legal Clinic for Start-ups website.

In the article, Daniel  reviews the basic concepts of options and discusses how to adopt a stock option plan and the possible routes  available for the company.

Barnea represented Azrieli Group in its acquisition of the eCommerce platform and activities of Buy 2 Networks Inc., a public company traded on the TASE. The acquired platform and activities  provide an eCommerce platform for consumers to purchase a wide range of products.

The acquisition price is NIS 70 million. Azrieli was represented by Micky Barnea.

An article by Adv. Zvi Gabbay that critiques the Israeli SEC's staff position paper it issued and which details actions which may be considered as "Trading Fraud".

A short comparative review which was mentioned in the article indicates that the Israeli SEC’s staff position paper is problematic, hence it does not provide clear guidelines to the players involved in trading.

Similar positions issued in other countries lean towards providing guiding principles, as opposed to a detailed specific list of actions, as indicating fraudulent trading.

The high-tech sector is concerned about the impending passing of legislation which would effectively further restrict the salaries payable to executives in the financial sector. The concern is that this legislation could be extended to apply all types of listed companies , including Israeli high-tech companies listed on venture capital markets abroad. Micky Barnea, as an experienced lawyer in the high-tech field, was interviewed by TheMarker

Barnea represented East and West Stores Ltd, a leading importer of foods into Israel from the Far East,  in a dispute concerning the use of the trade name "East and West" and its trademarks.

Following an appeal to the Supreme Court filed by our litigation department,  the ruling made against the Company by the District Court ,which prohibited the Company from using the trade name "East and West" in some markets, was reversed (our firm was not involved in the District Court action).

The Supreme Court  also reversed the contempt of court ruling issued against the Company.

East and West Stores Ltd. was represented by Adv. Zohar Lande and Adv. Itai Wigoda. Adv. Ilan Blumenfeld assisted on the commercial aspects.

In an article on the best decorated offices, The Marker Real Estate magazine chose Barnea as having one of the most beautiful law firm offices.

Dr. Zvi Gabbay, who was previously head of administrative enforcement at the Israel Securities Authority, will be joining our firm with five lawyers from his team. Micky Barnea commented to Globes regarding this expansion "together we create integrated capabilities that can handle a variety of challenges that the world of public companies and financial regulation present".

Adv. Yuval Lazi will participate tomorrow as a judge at the final event of the Startau elite entrepreneurship program "demo day".

This program is a unique acceleration program intended for young entrepreneurs, whose involvement in the program commences at concept stage. The program gives these young entrepreneurs the tools and knowledge to advance the concept to the point where it is ready for investment within three months.

Among the judges will be Samsung Venture Invesment, Krypton Venture Capital and Deutsce Telekom.

The Israeli newspaper TheMarker interviewed our head of internet department, to discuss the new guidelines issued by the Israeli Tax Authority, according to which shall begin collecting  VAT and income taxes from foreign companies which conduct substantial business over the internet in Israel, such as Facebook and Google.

The Legal Business magazine has dedicated its April edition to Israel, with a focus on current topics and trends in the country. Simon Jaffa was interviewed regarding Israel's high- tech industry.

Yesterday, the signing ceremony of the Share Purchase Agreement for the sale of Ahava Dead Sea Laboratories Ltd. to Fosun (China), for approximately NIS 290 million, was held in Jerusalem. Micky Barnea, Ariella Dreyfuss and Itay Gura from our firm represented Kibbutz Mitzpe Shalem, one of the selling shareholders.

A conversation with Ariel Nadler regarding purchasing groups and the pros and cons thereof.