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June 1, 2017
National Outline Plan (NOP) 38 - Recommendations to Tenants
Urban renewal construction projects, known in Israel either as an NOP 38/1 project (retrofit and renovate), or as an NOP 38/2 project (demolish and reconstruct) began in Israel as a result of the realization that residential buildings whose building permits predate 1.1.1980 must undergo earthquake retrofitting.
May 29, 2017
Urban Renewal Law (Transaction Organization Agreements)
The Urban Renewal Law, which was promulgated at the beginning of April 2017, is attempting to regulate the phenomenon of obtaining apartment-owners’ signatures on undertakings towards developers and/or various entities (organizers) that are supposedly promoting urban renewal projects.
May 29, 2017
Regulators Tighten Screws on Online Gambling
In an interview with TheMarker, we discussed how the regulation of online gambling companies is becoming increasingly more onerous.
May 28, 2017
Startup Science Innovation Seminar – The Hebrew University of Jerusalem
Adv. Itay Gura will lecture today on investment agreements and intellectual property to students participating in the Startup Science Innovation Seminar at the Hebrew University of Jerusalem.
May 25, 2017
Espresso Club Appeals Increase to Court Expenses
Following the dismissal of Nespresso and Nestlé’s copyright infringement case against Espresso Club, Espresso Club, represented by our firm, appealed the District Court’s costs award, arguing that it was unreasonably low in relation to the costs actually incurred.
May 24, 2017
Class Action Against Israeli Company Offering Securities Abroad – Not in Israel
It is not uncommon for Israeli incorporated companies to seek investments abroad. In many cases, such investments are done through public offerings on international stock exchanges. Securities issued by Israeli companies are traded on the NASDAQ, the London Stock Exchange and a variety of other exchanges, including Australia. These situations, which make perfect sense from a business perspective, give rise to interesting and sometimes quite complex legal issues.
May 24, 2017
Big Data, Big Legal Minefield
Adv. Ariella Dreyfuss in an article in Globes Dun's 100 discussing the legal minefields to be avoided when engaged in big data technologies.
May 23, 2017
IFX Expo Cyprus 2017 – Regulatory Panel
We are participating today in a regulatory panel held as part of the IFX Expo Cyprus 2017. The panel will discuss recent decisions taken by key regulators, consider their implications, and seek to predict what the future may hold for the industry.
May 22, 2017
Networking Event with Business Delegation from Montana
Barnea is co-hosting with the Israel-America Chamber of Commerce a business delegation from Montana for a networking event with companies planning to expand overseas.
May 21, 2017
Insolvency in a Nutshell
Insolvency proceedings are an integral part of business-commercial activities, in circumstances whereby a person or corporation might need to institute proceedings to rehabilitate its business activities or even to liquidate the company.
May 16, 2017
The Israel Innovation Authority Issues New Directives regarding Royalty Payments and Know-How Transfers
The Israel Innovation Authority (IIA) announced last week that it issued new directives regarding royalty payments and know-how transfer. These are the first significant directives to be issued by the IIA since it was established in January 2016 and the activities of the Chief Scientist were transferred to it.
May 14, 2017
The Court Orders Controlling Shareholders to Stop Payment of Executive Remuneration
There have been cases where bonuses have been paid by a controlling shareholder of a public company out of his own pocket to officers as remuneration for their work in the company. This raises the question as to whether a controlling shareholder is allowed to personally guarantee additional remuneration to officers of the company that is inconsistent with the company’s remuneration policy.
May 11, 2017
TLV Startup Challenge
Adv. Micky Barnea, the firm's managing partner, served as a judge in the TLV Startup Challenge competition final, held at the starTAU Innovation Conference. Hargol Foodtech, a startup that specializes in the cultivation of grasshoppers for the food industry, won first place in the competition.
May 11, 2017
Adv. Marie Tsion Participates in Human Resources Forum Half Year Event
Adv. Marie Tsion, head of the Employment Department, will participate today in the Human Resources Forum Half Year Event and discuss protection of employee privacy in the workplace.
May 11, 2017
Protecting Your Start-Up with Company Registration in Israel
Israel has long been acknowledged and admired for its vibrant start-up culture, fostered through government investment and pro-business policies. Further, the national focus on business development provides a regulatory structure that protects business owners from creditors and ensures proper structure for the public – incorporation. To take advantage of the corporate structure, you need to ensure that you follow the proper registration process, and select the right corporate vehicle to fit your emerging business model.
May 10, 2017
The Regulator Has Entered the Casino
In response to the emerging trend of tightening regulation on online gambling companies, we were asked to participate in an interview with TheMarker. We commented that regulation in this area comes in two forms: one is market regulation and the imposition of licensing fees, gambling taxes, and corporate tax, and the second is banning online activity, imposing fines, and filing indictments.
May 7, 2017
Tel Aviv University Innovation Conference
Barnea is participating in the Tel Aviv University Innovation Conference for the second year. Adv. Micky Barnea will deliver a lecture on the legal challenges facing late-stage startups and serve as a judge in the competition final alongside mentors from Shazam, Prezi, Capsula, Strauss Group, and IAI. Adv. Yuval Lazi and Adv. Ariella Dreyfuss will judge the startup competition in the fintech, gaming, and IoT categories. Yuval will also participate in a panel discussion on startup funding alongside a representative of the Office of the Chief Scientist, the CEO of TAU Ventures, and the CEO of Cockpit, El Al’s startup support program.
May 7, 2017
VIP Cocktail Event for Entrepreneurs and Investors
As part of the Tel Aviv University Innovation Conference, Barnea is hosting a VIP cocktail for entrepreneurs and investors.
May 4, 2017
ASRR Capital Sells Holdings in Denisra-Ranitec Real Estate
Our firm represented the public real estate company ASRR in the ILS 6.5 million sale of its holdings in Denisra-Ranitec Real Estate.
May 3, 2017
Unistream's Investment Committee
As part of our cooperation with Unistream, our firm is taking part in a meeting of the association's investment committee, during which students present a business venture developed during the program. Our partners will participate as judges. Other participants include CEOs and industry executives, investment managers, and directors of venture capital funds.