Latest Updates

October 30, 2017

EU-US Privacy Shield – Recent Developments

On October 18, 2017, the EU Commission published its report on the review of the functioning of the EU-US Privacy Shield, which was established to allow the transfer of personal data from the European Union to the United States.

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October 29, 2017

Central District Court Rejects Class Action Against Espresso Club

The Central District Court has rejected a 2015 application to certify a class action against Espresso Club over allegations that it misled customers about how they would be charged for a coffee capsule package. The court also ordered the applicant to pay all legal costs. Espresso Club was represented by Adv. Zohar Lande and Adv. Itay Hatam of our firm’s Litigation Department.

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October 26, 2017

Hosting a Delegation of Investors from Mexico

Barnea hosted a delegation of Mexican investors today who are visiting Israel to explore investment opportunities. Adv. Micky Barnea, the firm’s managing partner, met with the delegation to discuss the Israeli business ecosystem.

October 26, 2017

A Female Employee Notifies She Is Pregnant – A Few Important Facts!

Has one of your employees notified you that she is pregnant? Here are a few points you should know

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October 25, 2017

Lecture: Employment Termination at the Human Resources Conference of the North

The head of our firm's Employment Department was invited to take part in the Human Resources Conference of the North. She will lecture on the proper procedure for dismissing employees.

October 24, 2017

Israel Securities Authority Defeated in Proceeding Against Portfolio Manager

The Administrative Enforcement Committee dismissed an administrative enforcement proceeding brought by the Israel Securities Authority against portfolio manager Ran Amitai over allegations that he used inside information relating to a deal involving biotechnology company Compugen. Our firm represented Ran Amitai and Cramim Capital Markets in the proceedings.

Article from The Marker

Article from Calcalist

October 16, 2017

Developing Marketing Strategy for Potential Investors

When you build out your business model, you need more than a great product or service. Innovative brilliance and new ideas matter, but they are not enough. By the time you are ready to raise capital, you should be able to outline for your potential investors a clear market strategy.

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October 15, 2017

District Court Rejects Scheduled Vote of Purchase Group United Sarona

The Tel Aviv District Court granted a motion by more than 50 members of the United Sarona purchase group to block a vote at a meeting scheduled for today. The members, represented by Adv. Zohar Lande, head of Barnea’s Litigation Department, argued that the process of convening the meeting was materially flawed, including a failure to provide sufficient information.

Article from The Marker

Article from Walla Nadlan

Article from Globes

Article from Calcalist

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October 10, 2017

Ministry of Economics and Industry Seeks to Impose Restrictions on Telemarketing

The Ministry of Economics and Industry recently published a draft bill for an amendment to the Consumer Protection Law. This draft bill proposes placing restrictions on telemarketing.

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October 4, 2017

Israeli Banks Told to Scale Back Overseas Activities After US Tax Evasion Scandal

Adv. Harel Perlmutter, a partner and head of Barnea’s Tax Department, was interviewed by Bloomberg BNA following the Bank of Israel’s call for Israeli banks to reassess their strategies for overseas operations. Harel noted that the Bank of Israel’s Supervisor of Banks aims to maintain a strong banking system, even if this means reducing banks’ profits from overseas activities.

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October 3, 2017

Understanding the Terms of Startup Investment

Adv. Yuval Lazi, a partner in our Corporate Department, will lecture today at HIP – Heseg Innovators Program on investment agreements.

October 2, 2017

Your Employees Are Beginning to Unionize – What You Need To Know?

Many employers worry about the day they might discover their employees are organizing and joining a labor union. This concern is natural, since an employer used to running its business as it deems fit, and according to its business needs, is not interested in sharing the helm with its employees’ representation.

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September 28, 2017

Hosting a Delegation of Chinese Executives

We are hosting today a delegation of senior executives from large enterprises across a variety of industries in China. These executives have come to Israel to learn about Israeli innovation and entrepreneurship.

September 28, 2017

Revision of the Regulations Requiring Websites and Applications to be Accessible for People with Disabilities

The Knesset Labor, Welfare and Health Committee recently approved a comprehensive revision of Regulation 35 of the Accessibility to Online Services Regulations under the Equal Rights for People with Disabilities Regulations (Service Accessibility Adjustments), 2013.

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September 26, 2017

Article on Regulatory Challenges of Fintech Companies Featured in TheMarker

Adv. Micky Barnea, the firm’s managing partner, published an article in TheMarker’s FinTech Magazine on the regulatory challenges facing fintech companies. Micky notes that barriers to entry include not only product development but also the ability to address regulatory requirements effectively. The knowledge gained in this process can therefore become a valuable intellectual property asset with significant commercial potential.

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September 26, 2017

Blocking Online Gambling Websites – New Israeli Legislation

The Israeli parliament has enacted new legislation that will authorize Israeli courts to issue orders that block, inter alia, online gambling website.

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September 25, 2017

Privacy and Cookies – the New Balance Introduced by Apple

Apple is set to introduce a new feature in the Safari browser that will significantly reduce advertisers' ability to collect and use personal data. The new feature, called Intelligent Tracking Prevention (ITP), imposes a 24-hour time limit on third party tracking cookies and a 30-day time limit on first party cookies.

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September 25, 2017

Purchase Group United Sarona Poised to Fall Apart

The United Sarona purchase group, which won a tender a year and a half ago to build several towers near Tel Aviv’s Sarona Market, is on the verge of breaking up. In recent days, several group members have begun preparing to file a lawsuit against the group’s organizers, with the assistance of Adv. Zohar Lande, head of Barnea’s Litigation Department. The planned lawsuit follows the organizers’ failure to recruit new members or secure alternative funding to keep the project moving forward.

The Marker 24/09/17

The Marker 09/10/17

Globes 24/09/17

September 24, 2017

Israeli Binary Options CEO Arrested in US on Suspicion of Electronic Fraud

The Israeli CEO of a binary options company has been arrested by federal investigators in the United States on suspicion of electronic fraud. We are representing the company in this matter. In an interview with TheMarker, we noted this is a relatively early stage in the legal process and that an indictment has not yet been filed.

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September 24, 2017

Registration for an Application Is Tantamount to a Binding Contract

The New York Circuit Court of Appeals ruled recently that when a new user confirms the “terms of service” and “privacy policy” on an application’s registration screen, even without perusing the legal documents provided through these links, such approval suffices to raise the user’s legal engagement with the company to the standing of a binding contract.

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