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March 30, 2017
Ariella Dreyfuss to participate in a legal panel for non-native Hebrew speakers
Adv. Ariella Dreyfuss, Partner at Barnea will lecture today at the Radzyner Law School in IDC Herzliya, as part of the tutoring program Olim Le’Mishpatim, which aims at providing non-native Hebrew speakers with extra lessons in legal courses.
March 29, 2017
New Data Security Regulations Contain New Requirements for Database Administrators
The Constitution, Law and Justice Committee recently approved the Privacy Protection Regulations (Data Security), 5767-2017, which enacts new and comprehensive norms for entities that manage or hold databases regarding data security procedures. In practice, these regulations affect many entities in the Israeli marketplace, from small businesses managing client information databases to large corporations.
March 29, 2017
Barnea & Co. Represented Viola Private Equity in an Investment in Similar Web
Barnea represented Viola Private Equity in an investment of USD 50 million in Similar Web, a leading digital market intelligence platform that provides insights for websites and applications.
March 27, 2017
Medigus Ltd. Completed a Nasdaq IPO
Barnea represented a group of US underwriters, led by H.C. Wainwright , LLC, in the process of submission of Medigus Ltd. of a prospectus for the Nasdaq listing. Medigus raised USD 7.5 million and will be traded on Nasdaq in parallel with its listing on the Tel Aviv Stock Exchange. Medigus Ltd is an Israel-based company active in the medical sector. It specializes in developing endoscopic procedures and devices.
March 27, 2017
Event at Barnea with the UK Israel Tech Hub
Barnea together with the UK Israel Tech Hub are hosting today a delegation from the UK, who will be visiting Israel for the first time in order to look for investment and cooperation opportunities, mainly in the Mobility field.
March 27, 2017
Nespresso Loses Court Battle with Espresso Club
The Israeli District Court of Tel Aviv ruled against global food giant, Nestle, and its subsidiary Nespresso in a claim filed by them in Israel against Espresso Club, an Israeli company, on the grounds of alleged copyright infringement, trademark violations, unfair competition and damage to Nespresso's reputation.
March 27, 2017
Forces That Drive Innovative Countries – The Israeli Example
Innovation occurs at different levels between one country and another. Innovation does not occur by accident. While some nations depend on individuals to drive the creative process, others provide an environment and infrastructure that foster and support technological development. When a country focuses its attention on providing the best opportunities to innovate, that country can rise above the pack.
March 26, 2017
Adv. Yuval Lazi Interviewed by the Blog 'Talks about Entrepreneurship' on Founders Agreements
Adv. Yuval Lazi, Partner at Barnea, interviewed by the blog 'Talks about Entrepreneurship' discussed the importance of Founders Agreements. Yuval discussed the risk of failure to make a founding agreement, in regard to how much it costs and how long the process takes.
March 26, 2017
Coca Cola Israel Antitrust Fine: "Halperin Seems to Want to Raise the Bar of Punishment"
Adv . Zohar Lande, Head of the Litigation Department at Barnea was interviewed by Globes on the Antitrust Authority's decision to impose an unprecedented monetary sanction on the Central Bottling Company Group (Coca Cola Israel). Zohar commented that it is not enough to set the monetary sanctions, submitting that the Antitrust Authority must make use of all the tools at its disposal, including the civilian tools.
March 20, 2017
Barnea & The Service event: Family Wealth Management
Barnea, together with The Service, will host today a seminar on how to manage real estate assets and family companies. Adv. Micky Barnea, our Managing Partner, will discuss the inter-generational transfer of family businesses. Liat Keisary will participate in real estate panel.
March 16, 2017
Israeli Leadership and Growth in Smart Mobility
Technological solutions are developing every day, world-wide. In Israel, the transportation sector provides impressive examples of innovation at work. Urban growth naturally reaches a saturation point, at which people either need to move or commute farther each day, creating higher costs and greater safety concerns. Smart mobility consists of the movement to make transportation easier, safer, more environmentally friendly, and more efficient. And Israel has taken a leadership position in developing companies and technologies that help make it possible.
March 15, 2017
TAMA 38 – The Complete Guide
The Israeli government resolved to approve and implement a national outline plan, known as TAMA 38, to reinforce buildings from the risk of earthquakes. To which buildings does the plan apply and what should one know before signing a contractual agreement with the contractor?
March 15, 2017
Bar Association Training Course for Directors
Dr. Zvi Gabbay, Partner and Head of the Capital Markets Department at Barnea, will lecture today on the subject of the Israel Securities Authority in the Bar Association Training Course for Directors.
March 15, 2017
Whether and How to Enforce on a Monopoly the Prohibition of Charging Excessive and Unfair Prices
Adv. Ilan Blumenfeld, Partner in the Antitrust Department at Barnea, wrote an opinion article in The Marker, dealing with the question of whether and how to enforce on a monopoly the prohibition of charging excessive and unfair prices.
March 13, 2017
New Labor Court Ruling on The Subject of Age Discrimination
The subject of discrimination in the labor market in general, and the subject of ageism in particular, has lately become a hot topic in the public discourse. A recent ruling handed down by the Regional Labor Court in Tel-Aviv in the Bat Sheva Simchi vs. Maabarot Products Ltd. case addressed the issue of age discrimination.
March 12, 2017
Auditing of Board Resolutions
A significant precedent was handed down recently by the Israeli Supreme Court on the subject of the judicial audit that should be performed in relation to companies’ business resolutions.
The judgment officially adopts the Business Judgment Rule prescribed in Israeli law with regard to the auditing standard that should be applied to board resolutions. The judgment further prescribes that it is also warranted to adopt the Enhanced Scrutiny Rule under circumstances when the Business Judgment Rule does not provide an adequate solution. The judgment also engages in subjects not yet addressed by the court, including issues pertaining to dividend distributions, leveraged buyouts, officers’ duties in a company and the relation between them.
March 8, 2017
Carve-out Plans for Company Employees
One of the common remuneration mechanisms in startups and technology companies is the granting of options to employees in addition to or, sometimes, in lieu of, the traditional remuneration component – the cash salary.
March 8, 2017
Survey of Legal Interns by Barnea and Codex was Published in Globes
A comprehensive survey conducted by Codex, a leading HR company for lawyers in Israel, which was initiated by Barnea, was published in Globes. In the survey, future legal interns were questioned on how they feel in light of the flooding of the profession, how they choose where to intern and more. Adv. Micky Barnea, Managing Partner at Barnea, commented that the initiative came from the recognition that there is a change in the current generation of interns and the need to understand the impact on their internship.
March 8, 2017
The Right to Review Digital Database
Within the scope of a new directive published recently by the database registrar at the Israeli Law, Information and Technology Authority, entities, such as service-providers, that retain recordings of telephone conversations or chat correspondence with their customers will be forced to enable their customers (the subjects of the information) to also access information of this type. This according to the right of access prescribed in the Privacy Protection Law and the regulations instituted by virtue thereof.
March 7, 2017
Israel Securities Authority (ISA) New Proposed Bill to Prohibit the Management and Operation of Binary Options Trading Platforms out of Israel
Dr. Zvi Gabbay, Partner and Head of the Capital Markets Department at Barnea, in an opinion article for Finance Magnets following a new proposed bill to prohibit the management and operation of binary options trading platforms out of Israel , even if regulated elsewhere.