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November 17, 2013
Former Kibbutz Shefayim Treasurer Sentenced to 8.5 Years in Prison
The former treasurer of Kibbutz Shefayim and his wife were convicted of stealing ILS 16.5 million from the kibbutz and sentenced to 8.5 years in prison. Kibbutz members remain hopeful that Adv. Zohar Lande will recover funds they believe the family is still concealing.
November 17, 2013
Online Gambling Panel
On November 18, the Israel Bar Association will host a panel on online gambling. The head of Barnea’s internet and e-commerce practice will participate.
November 13, 2013
Barnea Celebrates Tenth Anniversary in Rome
Barnea celebrated its 10th anniversary with a four-day trip to Rome. Alongside visits to local clubs and restaurants, employees enjoyed a Segway tour and explored landmarks including the Pantheon, the Colosseum, and the Spanish Steps.
October 17, 2013
Heading for a Settlement? Dispute Over USD 4 Million Heads to Mediation
The USD 4 million dispute between Ori Yogev, the majority shareholder in water technology group Whitewater and current head of Israel’s Government Companies Authority, and Canadian businessman Beni Tish is heading to mediation. Adv. Zohar Lande, who represents Tish, stated that Tish and his family hold more than 15% of Whitewater’s shares, making him the company’s second-largest investor. According to Lande, Tish invested approximately USD 4 million in Whitewater and holds rights under the company’s articles of association and an agreement that he alleges Yogev is attempting to deny him.
October 15, 2013
Suncore Acquires Zenith Solar's Assets
Barnea represented Suncore in its acquisition of all of Zenith Solar’s assets, with the firm’s Litigation and MA Departments working together on the transaction. Suncore manufactures concentrating photovoltaic (CPV) systems. Zenith Solar’s system generates electricity from a photovoltaic (PV) array and produces hot water at temperatures suitable for domestic and industrial use. Suncore is owned by San’an Optoelectronics, China’s largest LED manufacturer. LED technology shares many similarities with the multi-junction PV cells used in CPV systems.
September 30, 2013
Former Kibbutz Shefayim Treasurer and Wife Convicted of Stealing ILS 16.5 Million
Adv. Zohar Lande, head of our Litigation Department, issued a statement on behalf of the kibbutz: “We respectfully acknowledge the Court’s verdict. Sadly, this affair has deeply affected the kibbutz’s social fabric over the past decade. Since Doron’s embezzlement came to light, we have worked within the kibbutz community and through the judicial system to recover the stolen funds. The kibbutz will continue to foster solidarity among its members. We hope today’s verdict will allow them to return with renewed enthusiasm to their productive and creative daily lives.”
September 3, 2013
Barnea Is Growing
Barnea continues to expand, welcoming three new attorneys to its commercial department: Adv. Ilan Blumenfeld, Adv. Anat Even Chen, and Adv. Karin Kashi. The firm now has a team of 35 lawyers.
September 1, 2013
The Best Law Firm Website – 2013
Barnea’s website was ranked second among law firm websites in Israel. The magazine praised its ease of navigation and its polished, professional appearance.
August 20, 2013
Financial Regulation: Early Achievements
In 2010, the Knesset enacted legislation establishing a licensing framework for Israel’s online financial trading industry. This marked the government’s first attempt to regulate the previously unregulated sector, where rogue operators had harmed consumers and damaged the reputation of reputable businesses.
August 12, 2013
The Lawyer's Special Report: Tel Avision
The appeal of Israel’s technology and energy sectors is attracting more foreign law firms to the country. Leading lawyers, including Adv. Simon Jaffa, discuss these firms’ entry into the Israeli market and their activities once established.
August 8, 2013
Barnea Represents Orid Media Limited
Barnea represented Orid Media Limited in the sale of certain assets and liabilities, including its subsidiary Pariplay Limited, which holds an online gambling license in the Isle of Man, to a partially owned subsidiary of NASDAQ-listed Majesco Entertainment Company. Under the transaction, Majesco will invest between USD 3.5 million and USD 4.5 million.
June 2, 2013
Barnea Wins Machshavot Football Tournament
Barnea’s team opened the tournament with a 1-0 loss to Gornitzky but bounced back with an 8-0 win over ERM, followed by victories against Lipa Meir and Fischer Behar. In the final, the team defeated Goldfarb 2-1 to win the championship. The ILS 10,000 first-place prize was donated to fund student scholarships.
May 28, 2013
Raising Finance & Investing in the UK Workshop: Exploring Opportunities, Challenges, and Solutions
Barnea Co. and Mazars LLP, in association with Bank Leumi (UK) Plc and UK Trade Investment, invite you to an exclusive workshop: “Raising Finance Investing in the UK: Exploring Opportunities, Challenges, and Solutions.”
Date: Monday, June 17, 2013
Time: 8:30 a.m. to 12:30 p.m., including brunch and networking
Venue: Residence of the British Ambassador to Israel, Matthew Gould, in Ramat Gan
RSVP: Please contact Dana Segev at [email protected] by June 3, 2013
May 16, 2013
Residential Plot in Herzliya Sold for ILS 32 Million
A plot in Herzliya, which can accommodate 43 units, was offered for sale by tender following the dissolution of its joint ownership. The owners had been unable to agree on whether to develop the plot or sell it. Adv. Ariel Nadler, head of Barnea’s Real Estate Department, managed the tender and sale process. To read more, click here.
May 9, 2013
Leaked Confidential Agreement Sheds Light on Israel's Online Gambling Industry
Barnea represents Menny Benish, Player 2 Player LTD., and R.I.I.G Limited, in an ILS 12 million claim against Moshe Tisona and Yalciner Enterprises Ltd.
May 1, 2013
BDI Recognizes Barnea as Leading Law Firm
BDI Coface recognizes Barnea Co. as a leading Israeli law firm with expertise across its core practice areas.
April 25, 2013
Israel: Licensing of Online Financial Trading
Online trading in foreign exchange, commodities, shares, and stock indexes is attracting customers worldwide. In response, several jurisdictions have introduced legislation to license and regulate the online financial trading market.
April 18, 2013
New Heights
The recent liberalization of Israel’s legal market could attract more foreign advisers and spur the expansion of leading domestic firms, driven by the prospect of increased deal activity.
March 25, 2013
Musicians of Tomorrow
Myisrael, in association with Barnea, are proud to present a performance of "Musicians of Tomorrow" on March 28, 2013.
March 21, 2013
Israeli Mortgage Regulations Meant to Curb Rising Home Prices | Adv. Ariel Nadler
The Bank of Israel has changed mortgage regulations, now requiring banks to hold more capital against any loan they issue. The move essentially means banks will have less cash to lend out, potentially making it harder for those who most need loans to obtain them.