Latest Updates

January 8, 2017

Mentoring Startups and Entrepreneurs at Technological Incubator TechCode

Adv. Yuval Lazi, a partner in our Corporate Department, will provide business and legal mentoring to startups and entrepreneurs at China TechCode, an international network of startup incubators that helps companies enter the Chinese market.

January 4, 2017

8 Things that Happened in the Israeli Hi-Tech World in 2016

It has been an interesting 2016 in the Israeli Hi-Tech world, here is a rundown of 8 things that happened, in case you missed them.

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January 4, 2017

Barnea Represents GBI Racing Before Knesset Reform Committee

Barnea is representing GBI Racing, a British company that provides betting services to Toto, the Israel Sports Betting Board. Adv. Zohar Lande participated in a meeting of the Knesset’s Reform Committee to discuss the proposed revocation of Toto’s permit under the Economic Arrangements Law.

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January 4, 2017

Globes Op-Ed: Restoration of Funds for Victims of Stock Manipulation

In an op-ed published in Globes, we discussed the restoration of funds for victims of stock manipulation, focusing on the question of whether the state is obligated to repay a portion of the fine directly to the victims through a distribution mechanism.

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January 3, 2017

Micky Barnea Lectures MBA Students at Ben-Gurion University

Adv. Micky Barnea, our managing partner, will deliver a lecture today to MBA students taking the “From Idea to Startup” course in the Entrepreneurship and Innovation Department at Ben-Gurion University of the Negev. The lecture will cover key legal and intellectual property issues for entrepreneurs.

January 3, 2017

Local Planning and Building Committee Requirement of Deeds of Indemnity is Ruled Illegal

A Supreme Court judgment handed down in December by the Honorable Justice Yoram Danziger ruled that the demand by local planning and building committees that deeds of indemnity be signed is illegal (Bikel Flowers Ltd. vs. the Local Planning and Building Committee – Rishon Letsiyon).

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January 1, 2017

The Electricity Authority published the Guidelines for the next PV Plants’ Giant Projects in Israel

Further to the recent hearing held in October 2016 (see our clients update dated 01 December 2016), the Electricity Authority published on 19 December 2016, a decision detailing the main principles of the upcoming competitive process for the construction of Solar Power Plants in Israel, with a capacity of up to 1,000 MW.

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December 29, 2016

Innovations in the Israeli Partnerships Legislation

In order to improve the Israeli partnership market and in order to bridge the wide gap that exists between partnership laws in Israel and the partnership laws in other countries, in December 2016, the Ministry of Justice published a draft Memorandum of Law – Partnerships.

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December 28, 2016

Barnea Represents Belectric Israel in Negotiations for EPC and O&M Agreements for Ashalim PV

Our Infrastructure Department represented Belectric Israel, which was selected to construct and operate a new 30Mwp PV solar power plant in Ashalim. Belectric Israel is an affiliate of Belectric GmbH from Germany, engaging in the development and promotion of photovoltaic (PV) solar systems worldwide.

December 28, 2016

Annual Dun's 100-Globes Capital Markets Forum

We took part in the annual Dun's 100-Globes Capital Markets Forum, along with industry executives, the banking sector, leading investment houses, and insurance groups.

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December 27, 2016

2016 Overview of Israel's Third Sector Regulation and 2017 Trends

2016 was characterized mainly by the completion of a number of processes and initiatives promoted in recent years, mainly relating to tax issues and the recognition of non-profit organizations as public institutions entitled to tax benefits for donations received.

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December 26, 2016

Charges Against Generic Drug Companies for Price Fixing

We were interviewed by Globes following lawsuits filed in the United States accusing generic drug companies, including Teva Pharmaceutical Industries, of price fixing. We commented that Teva is exposed both to a criminal charges and civil proceedings, and may ultimately be required to reach a settlement in both matters.

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December 25, 2016

New Financial Services Law Establishes Mandatory Licensing Requirement for Financial Service-Providers

The Law establishes a mandatory licensing requirement for financial service-providers – credit providers or providers of financial asset services. One of the main innovations in this Law is that Financial Services Providers will be subject, for the first time, to supervision by a new financial regulator.

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December 25, 2016

Barnea Hosts Launch of Air Force Innovation Community

On Thursday, December 22, we hosted a networking event for the Air Force Innovation Division in cooperation with starTAU, Tel Aviv University Entrepreneurship Center. The event was attended by representatives of the industry.

December 25, 2016

Barnea Hosts SEEDS Meeting

Barnea hosted a meeting of SEEDS, the entrepreneurial program of Appleseed’s Alumni Association which operates technology programs and life skills development in Israel's periphery. Adv. Yuval Lazi, a partner in the Technology Department, lectured on founders' agreements and the required toolbox for entrepreneurs.

December 21, 2016

Foreign Corporations Also Have No Immunity – Organizing a Restrictive Arrangement is Liable to Lead to Criminal Sanctions

A restrictive arrangement organized between an Israeli corporation and a foreign corporation, which results in significant harm to the competition in the Israeli market, is subject to the Israeli Restrictive Trade Practices Law.

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December 19, 2016

The Fall of the Applications Empire

An article by Adv. Yuval Lazi on the current and future market place for applications was published by Globes Dun's 100. Yuval commented that Israeli startups developing application-based technologies or solutions have no real need to redefine their prospects and risks.

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December 18, 2016

First Conviction Pursuant to Israeli "FCPA" – Following the Footsteps of the US

On December 2016 for the first time in Israel, an Israeli company was convinced for bribing a foreign public official. This is especially interesting due to the fact that this is also the first time the general prosecution in Israel based an indictment on Section 291A of the Israeli Penal Law, that was enacted in 2008, in the course of Israel's efforts to join the OECD as a member country.

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December 18, 2016

Create Effective Website Terms and Conditions

Your website exists to help your clients and customers find and interact with you. You may include e-commerce capabilities, or you may primarily seek to inform people about your company and your products and services. Whatever your goals are, though, you must be on guard; people naturally seek to rely on what they see online. This can be a good thing, but you need to create parameters around what they can and cannot rely on your site to do.

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December 16, 2016

Knesset Finance Committee Passes Third Apartment Tax Bill

Adv. Maya Zisser, a partner in our Real Estate Department, was interviewed by Bizportal following the approval of the third apartment tax bill by the Kesset Finance Committee. Maya commented that we will not see a wave of sales of flats by owners of third apartments. Instead, owners will pass on the burden to tenants by way of increased rental prices.

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