Search by Practice
February 27, 2017
Class action against Directors
The Tel Aviv District Court approved an action as a class action filed by the minority shareholders of Delek Energy Systems Ltd. against its controlling shareholder and officers of the company.
February 26, 2017
How Blockchain will Revolutionize a Paper World
In many ways, electronic communications dominate the world as we know it. We talk through email, text, and social media, to the point that the written letter is almost an anachronism. Still, some areas still thrive on paper. Real estate, for example, depends on paper deeds and documentation to confirm authenticity. Similarly, many corporations depend on paper records to demonstrate regulatory compliance. But blockchain is helping to change all of that. The technology that made Bitcoin work is expanding, in Israel and beyond, to help secure online processes and chains of custody in ways that can help shift paper-dominated fields into the 21st century.
February 26, 2017
E-Commerce – Law and Legal Authority
A partner in our Internet Department published an op-ed in TheMarker examining how e-commerce activities may be subject to multiple legal systems with differing, and sometimes conflicting, requirements, particularly in licensing and regulation.
February 23, 2017
Adv. Itay Gura Lectures at starTAU Entrepreneurship Course
Adv. Itay Gura will lecture today on the topic of founders' agreements at Ignition, the Entrepreneurship Course of starTAU, Tel Aviv University Entrepreneurship Center.
February 21, 2017
Innovation Cocktail Event Hosted with Israel-South Africa Chamber of Commerce
Barnea, together with the Israel-South Africa Chamber of Commerce, is hosting today a cocktail event to promote networking between South African businessmen living in Israel and Israeli businessmen.
February 21, 2017
Does the US Visa Boom Herald New Opportunities for Law Firms?
Adv. Marie Tsion, the head of our Employment Department, was interviewed by The Lawyer regarding the effect of the E-2 visa program on the legal market. Marie commented that the E-2 investor visas will allow US companies, entrepreneurs, and employees to start business activities in Israel more easily. This visa is likely to increase the number of US companies establishing activities in Israel.
February 16, 2017
Japan-Israel Relations: Advancing Technology
For many years now, Israels emergence and growth on the worlds economic stage has captured the attention of national and private investors all over the globe. It is only in recent years, though, that this has come to include Japan. In the past few years, more and more Japanese corporations have opened RD and sales centers in Israel, while business delegations are continually streaming into Israel. One of those companies which recently entered Israel is Fujitsu, the largest IT company in Japan and the fifth largest in the world.
February 15, 2017
Delegation of Israeli Ambassadors in Latin America
Barnea is today hosting a delegation of Israeli ambassadors who are stationed in Latin America, together with the Latin America division of the Israeli Ministry of Foreign Affairs, the Israel-Latin America Chamber of Commerce, and starTAU, the Entrepreneurship Center of Tel Aviv University.
February 14, 2017
Draft Guide to Cyber Threat Information Sharing
The Antitrust Authority published for public comments a new guidelines draft on the subject of information-sharing between competitors for the purpose of contending with cyber threats.
February 12, 2017
Foreign Companies are Immune to Private Antitrust Enforcement in Israel
Despite the growing sensitivity to violations of the competition laws and the uptrend in the imposition of stricter penalties by the authorities in respect thereof, business managers and consumers who have fallen victims to competition-law offenses in Israel hesitant in instituting civil proceedings against offenders.
February 12, 2017
Barnea Represents Accelerator Frankfurt's Spring Program
The Accelerator connects startups with financial institutions. Barnea will provide legal services in Israel to startups participating in the program in Frankfurt. On February 12, we will host an introductory event at the Barclays Techstars Accelerator, where the Accelerator will present the program’s structure and objectives, and Adv. Micky Barnea will discuss the challenges facing startups expanding abroad.
February 12, 2017
Shufersal Sets Sights on Drug Store Chain New-Pharm
Adv. Ilan Blumenfeld was interviewed by TheMarker following an announcement by Shufersal, Israel’s largest supermarket chain, that it was exploring a potential acquisition of local drugstore chain New-Pharm. Ilan noted that any acquisition would require approval from the Antitrust Authority, which would assess the merged entity’s market power.
February 8, 2017
Head of Deutsche Bank Israel Detained on Suspicion of VAT Offenses
Adv. Harel Perlmutter, head of our Tax Department, was interviewed by Tax Analysts following the arrest of the chief executive of Deutsche Bank’s Israeli operations on suspicion of violating VAT law. The Israel Tax Authority alleges that customers whose transactions Deutsche Bank reported as zero-rated on the grounds that they were conducted on behalf of foreign residents were, in fact, Israeli residents. Harel noted that determining whether someone qualifies as a foreign resident for tax purposes can be difficult.
February 7, 2017
CEO of Kitov Pharmaceuticals Investigated by Israel Security Authority for Fraud and False Reporting
Adv. Zohar Lande and Adv. Moran Bickel of our Litigation Department represented the CEO of Kitov Pharmaceuticals at a hearing before the Tel Aviv Magistrates’ Court concerning his release from detention subject to restrictive conditions.
February 6, 2017
Taxation Factors for Operations Over the Internet
The explosion of e-commerce in the last 15 years has made it easier than ever to manage the logistics of doing business in multiple countries. The global reach it creates, though, has spawned a litany of tax questions. You need to determine which jurisdictions have the authority to tax you and your business activity and what taxes apply. Your physical location and your end-customer locations can impact what you pay to whom, but other factors might also apply. Managing this process is critical to your continued e-commerce operations.
February 5, 2017
Considering Bitcoin an Asset Could Set Back Usage in Israel
Adv. Harel Perlmutter, head of the Tax Department, was interviewed by Bitcoin.com regarding the Israel Tax Authority’s (ITA) draft on digital currencies. Harel commented that the draft circular is a declaration of intent from the ITA and at this stage no draft legislation has been published.
February 5, 2017
Doing Business in Israel – Practical Law
Doing business in Israel? A QA guide to doing business in Israel written by Barnea was published by Practical Law. The guide provides an overview of the legal system, foreign investment, regulation, and other issues pertaining to Israel.
February 5, 2017
Eliezer Fishman Is Not Alone: Every Year 19 Thousand Israelis Declared Bankrupt
Our Litigation Department was interviewed by Maariv's "The Weekend" following Eliezer Fishman's declaration of bankruptcy. We noted there are ways to prevent the loss of all family assets, even in the event of bankruptcy, and to avoid involving the family assets with business assets.
February 2, 2017
AtoBe – Azrieli College of Engineering Startup Accelerator
Adv. Harel Perlmutter, head of the Tax Department, lectured today on the taxation of startups at the AtoBe – Azrieli College of Engineering Startup Accelerator.
February 2, 2017
Tamid IDC Pitch Event
Adv. Yuval Lazi participated as a judge at the Tamid Pitch Event. Tamid is part of the Interdisciplinary Center (IDC) Herzliya program that connects American students with the Israeli economic landscape.