Insights & News

Zohar Lande, the head of our firm's Litigation Department, participated today in the annual conference hosted by the Association of Corporate Counsel in Israel (ACC Israel). Zohar took part in a fascinating panel on crisis management in companies. 

Our firm represented Aviad Concrete and Clay Industries in a lawsuit against Nesher Israel Cement Enterprises that alleged Nesher abused its monopolistic position and harmed competition. The court's ruling set a precedent regarding the limits of the prohibition imposed on monopolies from discriminating between customers. Gal Rozent and Ran Karmi represented Aviad in the lawsuit. 

Idan Miller, the head of our firm's insolvency practice, lectured to attendees of an Israel Builders Association financial management course. The focus of the lecture was how to handle and prepare for insolvency events.

Our firm represented Azrieli Group in a multimillion-shekel lease transaction with NTA – Metropolitan Mass Transit System Ltd. As part of the transaction, NTA will expand its office space at Azrieli Business Park Holon from 8,000 to 12,000 square meters. Alon Wolner and Hili Michaeli represented Azrieli in the transaction. 

Terry Almozlino Arnon, the head of our firm's Real Estate Department, spoke with Globes about the future of contractor loans. 

No takebacks, receiving nothing in return, and a cooling-off period—gifting an apartment to a relative offers significant tax advantages. However, it is crucial to fully understand the consequences of this move for both the giver and the recipient of the gift.

Hagit Ross, Elad Reshtick, Omri Oren, and Alon Anava represented the public company 3DM in a merger transaction, wherein 3DM will acquire Solrom Electronics Ltd. Solrom is engaged in the development, planning, production, and marketing of products primarily for use in the defense market.

Everything you need to know about key money transactions — the advantages, the disadvantages, and the law.

Idan Miller, the head of our firm's insolvency practice, was appointed as the insolvency trustee for White Dress Marketing Ltd. (formerly Riki Dalal Group). Together with Hadar Eilon, Idan submitted an economic rehabilitation plan on behalf of the company and its shareholders for the Tel Aviv District Court's approval. In his request, Idan asked that the controlling shareholder's military reserve service be recognized as a contributing factor for the purpose of granting relief and avoiding a full insolvency procedure. When asked by the court for his response, the Commissioner for Insolvency Proceedings accepted this position.

We were happy to host the Demo Day event for the AtoBe Accelerator at the Azrieli College of Engineering. During the event, entrepreneurs presented their innovative ventures to an audience of investors.

Maya Carmi Lubartovski, the head of our firm's real estate taxation practice, was interviewed by Bizportal about the Israel Tax Authority's planned updates in the real estate taxation field. Among other things, she discussed the consequences of higher purchase tax rates for second apartments and giving apartments as a gift.

Ken Shaked and Nir Alter represented the startup company QDM (Quantum Design Materials) in a transaction with the Israel Electric Corporation (IEC). As part of the transaction, the IEC invested USD 1.1 million in QDM, which develops room-temperature superconductors. In addition, QDM and the IEC signed a cooperation agreement allowing the IEC to conduct a pilot to examine the applicability and suitability of QDM’s innovative technology for its needs.

Our firm is proud to serve as the legal partner of MaofTech, an accelerator program for early-stage startups in the Northern Negev region, and to provide legal services to its various ventures. MaofTech is operated by the Ministry of Economy and Industry’s Agency for Small and Medium Businesses. Its aim is to encourage, promote, and develop businesses in Sderot and the communities of the Gaza Envelope.

In an interview with Globes, Micky Barnea, our firm’s managing partner, discussed the complexities that characterized 2023 and the recent growth in the firm’s practice areas.

Prof. Amichai Cohen, a special counsel at our firm and an expert on international law, was interviewed for an episode of the “One a Day” podcast hosted by Channel 12 News correspondent Elad Simchayoff. The episode dealt with the following question: “What does recognition of a Palestinian state mean?”

Israel’s M&A market is beginning to show signs of recovery. Micky Barnea, our firm’s managing partner, was interviewed by TheMarker on the subject. Micky noted that "so far, more deals are being made in private companies, but if there isn't a significant security escalation, this trend will extend to public companies as well."

Zohar Lande and Shai Avnieli represented Metpro DMY in an administrative appeal submitted to the Supreme Court, in which another bidder attempted to disqualify Metpro’s win in the tender for the management and planning of the M1 metro line. The Supreme Court accepted the district court’s position, recommending that the appellant withdraw its appeal and reach an agreement with Metpro regarding legal expenses.

Itay Gura, Mayer Winkler, and Inbar Katzir represented both T-Rex Group and Finsight in the sale of all the assets of T-Rex, a pioneering startup specializing in private credit, to Finsight, an American fintech company.

Anat Even-Chen introduced the environmental law hackathon and assisted Bar-Ilan University students in formulating their project proposals, which were presented for judging today before Dr. Zvi Gabbay.