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February 14, 2016
Entry of Foreign Mutual Funds to the Israeli Market
As part of the globalization of the Israeli capital market, the Financial Committee of the Israeli Knesset recently approved the Joint Investment Trust Regulations (Offer of Units of a Foreign Fund), according to which managers of foreign mutual funds may offer their funds to the Israeli public.
February 14, 2016
Barnea Represents Covercy
Adv. Simon Jaffa, Adv. Ariella Dreyfuss, Adv. Itay Gura, and Adv. Karin Kashi represented Covercy, a fintech startup in the foreign exchange and remittance sector, in a financing round led by SGVC.
February 9, 2016
TheMarker Interviews Adv. Zohar Lande on Israel's Next Antitrust Chief
Prime Minister Benjamin Netanyahu has appointed Adv. Michal Halperin as Israel’s next antitrust chief. TheMarker asked leading antitrust lawyers to comment on the appointment. Adv. Zohar Lande noted: “One of the most significant challenges Adv. Halperin will face is striking a delicate balance between continuing to encourage foreign companies to enter and invest in the Israeli economy and protecting Israeli consumers struggling with the cost of living.”
February 9, 2016
Barnea Represents Edison Investment Research in Agreement with Tel Aviv Stock Exchange
To help investors in Israel and abroad make informed investment decisions, the Tel Aviv Stock Exchange (TASE) has entered into an agreement with Edison Investment Research to introduce a model not previously used in Israel’s capital market. Under the arrangement, Edison will provide independent analysis of high-tech and biomedical companies listed on the TASE. The initiative will be partially funded by the exchange.
February 4, 2016
Israeli Gambling Market Review
Largely outside the media spotlight and public awareness, Israel has become a global player in the online gambling industry. The sector offers rewarding careers and competitive salaries, but its negative image means employees do not always disclose what they do for a living. The head of our Internet Department was interviewed by TheMarker for its special report on the gambling market.
February 2, 2016
Adv. Yuval Lazi Join Barnea
Barnea continues to expand, having recruited 12 additional attorneys in recent weeks. Speaking to TheMarker, Adv. Micky Barnea noted that Adv. Yuval Lazi and his team’s arrival reflects the firm’s growth and strengthens its ability to continue providing high-quality legal services.
January 27, 2016
Adv. Micky Barnea Interviewed by Globes
Adv. Micky Barnea, a capital markets expert, gave an exclusive interview to Globes about the Tel Aviv Stock Exchange’s (TASE) disappointing performance in 2015. He identified restrictive regulation, low trading volumes, and high costs as contributing factors, and outlined steps the exchange could take to attract new listings.
January 25, 2016
Nespresso Sues Espresso Club for George Clooney Lookalike
Adv. Zohar Lande, the head of our Litigation Department, represents Espresso Club Ltd., an Israeli company, in an intellectual property lawsuit brought by Nespresso and Nestlé.
January 25, 2016
Update of the “Proper Management Rules” of Israeli Charitable Organization (‘amutah’)
Approximately two weeks ago, the Israeli Ministry of Justice issued a new revised edition of the booklet “Guidelines for Amutot conduct”, as well as a new and revised edition of the supplementary guidelines booklet regarding the “Registration of Amutot, Name, Objectives and Regulations”. These booklets include a number of revisions and clarifications to the previous drafting.
January 25, 2016
Just before you “pass” on saying “I do”
In recent years, more and more couples are opting to live together without getting married, for a variety of reasons. The State of Israel has enacted clear laws addressing the division of property for instances when couples who are legally married decide to separate; however, if a couple decides to not be formally married, they are deemed a “common law couple,” and then matters become more complicated.
January 22, 2016
Barnea Represents Espresso Club Ltd.
Barnea represents Espresso Club Ltd., an Israeli provider of capsule-based home espresso machines, in a lawsuit brought by Nespresso Israel and the international Nestlé and Nespresso corporations. The plaintiffs allege that an Espresso Club television commercial featuring a George Clooney lookalike mocks Nespresso’s brand image and damages its reputation. For the full Fox news article, click here.
January 21, 2016
Barnea Hosts Unistream's Investment Committee
As part of our collaboration with Unistream, our firm hosted a meeting of the organization’s investment committee, where participants presented a business venture developed during the program. Adv. Micky Barnea and Adv. Ronit Ofir served on the judging panel alongside CEOs, industry executives from companies such as Microsoft, investment managers and directors of venture capital funds.
January 21, 2016
Tel Aviv District Court Dismisses Claim Against Har-Gil Family
Adv. Zohar Lande and Adv. Gal Livshits represented the Har-Gil family in an ILS 13 million lawsuit brought by real estate company Malibu. The dispute concerned payments allegedly owed by the family in connection with a plot of land they owned and Malibu developed. The Tel Aviv District Court dismissed the claim with prejudice.
January 17, 2016
Herzikovitch Inheritance Dispute: Interview with Adv. Micky Barnea
Adv. Micky Barnea was interviewed by Globes about the Herzikovitch family dispute. Drawing on his expertise in family wealth, Micky explained how families can minimize the risk of such conflicts.
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 12, 2016
Barnea Represents Johnson & Johnson in USD 28 Million Investment Round
V-Wave, a privately held company with offices in Israel and the U.S., completed a USD 28 million Series B financing round. The round was led by Johnson Johnson Innovation, JJDC Inc., represented by Barnea. Other investors included TriVentures, Pura Vida and BioStar Ventures, alongside existing shareholders BRM, the fund of Eli and Nir Barkat, Pontifax, and Edwards Lifesciences.
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
Barnea to Serve as Judge on Investors Panel
On January 10, the Petah Tikva Entrepreneurial Community, in collaboration with starTAU, Tel Aviv University’s Entrepreneurship Center, will host a panel of investment experts. Participants will present their business ideas to the panel.
January 6, 2016
Lexology Navigator – Arbitral Proceedings in Israel
Adv. Zohar Lande, a litigation expert, was selected to author “Arbitral Proceedings in Israel” for Lexology Navigator. In this exclusive chapter, Zohar provides an overview of Israel’s arbitration market and regulatory framework.