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January 22, 2016
Barnea & Co. represents Espresso Club Ltd.
Barnea represents Espresso Club Ltd., an Israeli provider of home espresso machines using a capsule system, in a claim filed against them by Nespresso Israel, as well as the international Nestle and Nespresso corporations. The Plaintiffs’ claim that a TV commercial of Espresso Club, which features a George Clooney double, denigrates their brand's image and tarnishes Nespresso's reputation by ridiculing the Nespresso image. For the full article, Fox news, please click here
January 21, 2016
Barnea & Co. hosted Unistream's investment committee
As part of our cooperation with Unistream, our office hosted the Organization's investment committee.
At the meeting, the participants presented a business venture developed during the program.
Adv. Micky Barnea and Adv. Ronit Offir were chosen to be members of the jury, which also comprised CEO's and industry executives (eg. Microsoft), investment managers and directors of venture capital funds.
January 21, 2016
District Court in Tel Aviv dismisses claim by Malibu against the Har-Gil family
Adv. Zohar Lande and Adv. Gal Livshits represented the Har- Gil family, the defendants in a claim for NIS 13 million filed by the real estate company, Malibu. The dispute related to payments allegedly owed by the Har-Gil family with regard to a plot of land owned by the Har-Gil family, developed by Malibu. The District Court in Tel Aviv dismissed the claim with prejudice.
January 17, 2016
Shaming on the Internet and Social Networks – the Business Aspect
ou have tirelessly invested time, money and significant efforts in order to create a business and to grow it, and you finally see the fruits of your labor and maybe even begin to profit.
Yet all of this can disappear with the stroke of a pen (or a tap on the “enter” key). One unsatisfied customer uploads a hostile post about your business to a forum or a social network, and it goes viral and spreads throughout the internet like wildfire
January 17, 2016
The Herzikovitch inheritance dispute- interview with Micky
Micky Barnea was interviewed for an article in Globes, regarding the Herzikovitch family dispute. Micky is an expert in the area of family wealth and in the article, Micky described how families can, as far as possible, avoid such conflicts.
January 12, 2016
Barnea & Co. advises Johnson & Johnson regarding its participation in a $28m investment round carried out by Israel's V-Wave
V-Wave, a privately held company with offices in Israel and the U.S., completed a Series B financing round in the sum of $28m.
The round was led by Johnson Johnson Innovation - JJDC Inc. (represented by Barnea). Other participants were TriVentures, Pura Vida and BioStar Ventures. Eli and Nir Barkat's BRM fund, Pontifax and Edwards Lifesciences, which were already shareholders in V-Wave, also participated.
January 7, 2016
Employment law - Year End Summary
The year 2015 was characterized by legislative initiatives and interesting rulings relating to the labor market in Israel –employers became obligated to send written notices to job candidates about whether or not they have been accepted for employment, the issue of soccer games on Saturday and more.
January 7, 2016
Adv. Isaac Hanania to represent Barnea as a judge in an investors panel
On January 10, Petah Tikva Entrepreneurial Community, in association with StarTAU, the Entrepreneurship Center at Tel Aviv University, will host a panel of investment experts. Participants will present their business venture ideas to the panel.
January 6, 2016
Lexology Navigator - Arbitral proceedings in Israel
As a litigation expert, Zohar Lande was chosen to be the author of the Israeli chapter of "Lexology Navigator - Arbitral proceedings in Israel ".
In this exclusive chapter, Zohar provides a market and regulatory overview in respect of Israel.
January 6, 2016
Do you play Texas Hold’em? An important court verdict was lately issued on this subject
Recently, the District Court discussed the legality of the Texas Hold’em Poker game. This was due to a criminal appeal against a Magistrate Court's verdict in regards to the charges that were served against the appellant and her husband, for organizing a Texas Hold’em Poker tournament in their apartment.
January 5, 2016
A precedential judgment in the matter of transfer pricing shuffles the cards as to granting options to employees
A judgment in the Contira case was handed down two weeks ago in the district court which dramatically changes the Cost Plus issues relevant to certain Israeli companies which provideservices to a foreign relatedcompany. The judgment impacts on the situation where the Israeli company’s employees are granted options in the framework of Section 102 of the Income Tax Ordinance (capital track).
January 4, 2016
Finally, crowdfunding comes to Israel
Ariella Dreyfuss Adv. published an article in the leading legal English website "The Lawyer" discussing the new law in Israel relating to alternative means of raising funds. The goal of the law is to assist small Israeli companies in their efforts to raise funds through the social phenomena of crowdfunding, and the establishment of high-tech funds to be traded on a new index on the Tel Aviv Stock Exchange.
January 3, 2016
Finally, Crowdfunding comes to Israel
The social phenomena of crowdfunding, adopted by high-tech startups as an alternative means to raise funds, was previously limited in Israel by Israel’s Securities Law. Section 15 of the law dictates that any offer or sale of shares to the public (i.e. to more than 35 potential investors) requires the issuance of a prospectus approved by the Securities Authority; a timely and costly endeavor, rendering crowdfunding prohibitive in Israel.
January 1, 2016
Barnea & Co. appoints new partners
Effective as of January 1, 2016, Barnea appointed 3 new partners: Ilan Blumenfeld who specializes in Antitrust laws, the Kibbutz sector and advising on corporate matters; Liat Keisary who specializes in advising private clients and on real estate law; and Ariella Dreyfuss who specializes in advising technology companies and on MA transactions.
December 29, 2015
Release from liability, indemnity, and officers’ insurance in an Israeli charitable organization – is it possible?
Arrangements providing release from liability, indemnity and insurance to officers in an Israeli charitable organization ’amutah’ (or ‘amutot’ in plural; the Hebrew words referring to charitable organizations) (and in Israeli Public Benefit Companies) have been gaining momentum recently, both on the part of officers of such NPO’s who are seeking shelter under arrangements similar to those customary in business companies, and on the part of insurance companies, which consider third-sector organizations as being a market offering considerable untapped business potential.
December 28, 2015
2015 employment laws: important rulings made this year
The leading Israeli newspaper Globes, interviewed employment experts, including our Head of Employment Department in order to discuss the most influential rulings in this area.
December 24, 2015
Trends In The TMT Industry
The Technology, Media Telecommunications area is changing. We are now seeing new products, new services and innovation at a faster rate than ever before. The Israeli government identifies TMT as one of the most robust areas of the Israeli economy today and it encourages multinational companies to develop their IP within Israel. The government provides tax benefits, funds and grants to companies who develop their IP in Israel, under domestic and international programs, agreements, treaties and collaborations.
December 24, 2015
Challenges in financing projects in the renewable-energy economy in Israel
As part of the global trend towards finding energy alternatives and towards encouraging the establishment of renewable-energy projects, the State of Israel has issued several significant tenders in recent years with the aim of securing cleaner and more sustainable energy sources. Such tenders include two separate tenders for the construction and operation of two solar-thermal power plants (Plot A and Plot B) in the vicinity of Kibbutz Ashalim in southern Israel and the Gilboa hydroelectric pumped storage power station.
December 23, 2015
Exemption from responsibility, indemnification and insurance of officers associations - is it possible and how?
Arrangements for exemption from responsibility, indemnification and insurance of officers associations (in the benefit of the public) have been gaining momentum recently, both by officers in these organizations seeking shelter under these arrangements, similar to officers in commercial companies, as well as from insurance companies that see the third sector as a potential market.
December 22, 2015
Hungary- the standard VAT rate of 27% will be reduced in 2016 to 5% for the sale of newly constructed residences
Since the number of newly constructed apartments and houses dropped drastically in Hungary in recent years, the aim of the VAT amendment is to increase the number of residential properties available on the Hungarian market. Adv. Gal Oren, who has extensive experience in the Hungarian market, was interviewed by Calcalist.