Search by Practice
October 25, 2021
Bar-Ilan University Law and Environment Club: Ethical Consumerism and Sustainable Fashion
As part of the inaugural event of Bar-Ilan University’s Law and Environment Club, Adv. Sagi Gross will deliver opening remarks on the importance of law and the environment. His speech will touch on developments and changes in recent years.
October 24, 2021
2021 Snapshot: The Impact of Covid-19 on the Israeli Economy
The advent of COVID-19 has brought a challenge to the stability of the economy of every country in the world. Fortunately, and unlike the situation in many countries, Israel’s economy grew by 15.4% on an annualized basis in the second quarter of 2021, and by 5.3% in entire first half of the year. The second quarter, of course, brought the bulk of the growth, exceeding that of Belgium, Canada, and the US among others.
October 20, 2021
Double the Trouble: What Happens When a Class Action Lawsuit tries to "Piggyback" off Another?
Many class action proceedings end in settlement. The settlement agreement is designed, inter alia, to facilitate an efficient and fair resolution to the proceeding, in a manner that also provides certainty to the parties. Essentially, it "takes on the risk" for all parties involved—the class action plaintiffs and their legal representation, the class, and the defendants. Settlement certification by the court constitutes res judicata, and ensures the preclusion of repeated claims regarding the subject of the settlement.
October 17, 2021
Interview with Adv. Micky Barnea: Kibbutz Industry Closes Two Years of Successful Exits
In the last six months, the kibbutz industry has signed ten significant deals for hundreds of millions of dollars. How and when did the kibbutz industry become so attractive? What happened in the last decade that caused this explosion in the kibbutz industry and is this a temporary phenomenon? A Globes article on the subject features interviews with several experts in the field, including Adv. Micky Barnea.
October 14, 2021
Adv. Netta Bromberg Attends Dun’s 100 Labor Law Forum
The Dun's 100 forum for employment law experts convened yesterday to discuss key issues on the professional agenda, including sexual harassment, the medical interns' protest, and the competition for high-tech talent. Adv. Netta Bromberg, head of our Employment Department, participated in the forum alongside other senior practitioners in the field.
October 14, 2021
Barnea Represents ISI in Petition Against Israeli Ministry of Health
We represented Israel Scientific Instruments Ltd. (ISI) in a petition filed with the Jerusalem District Court against the Ministry of Health and others, alleging that the Ministry's tender for the procurement of coronavirus tests was conducted inequitably and granted ISI's competitors an unfair advantage. Adv. Eran Winner, Adv. Ido Vakshi, and Adv. Gaya Tsarfati represented ISI in the petition, which seeks to cancel the tender and issue a new one.
October 11, 2021
World’s Most Important Financial Institutions Seek Involvement in Crypto Field
While Israel’s banks are in no hurry to accept the blockchain industry and are avidly trying to keep their distance from cryptocurrencies, this is not the case elsewhere.
Recently, the major global securities, derivatives and financial trade associations sent a joint letter to the Bank for International Settlements (BIS), which develops banking supervision standards and criteria, to adopt regulation that will enable their involvement in the crypto asset sector.
October 10, 2021
Barnea Represents Reef Technology in Acquisition of Israeli Startup Bond
We advised Reef Technology, a leading US operator of mobility and logistics hubs and neighborhood kitchens, on its acquisition of Bond, an Israeli logistics startup originally founded as Shookit, a direct-to-consumer grocery delivery company that delivered fresh produce to customers across the city within hours. The transaction was led by Adv. Michael Barnea, Adv. Ariella Dreyfuss, and Adv. Tal Freilich. Adv. Netta Bromberg advised on employment matters, while Adv. Harel Perlmutter and Adv. Hanna Daher advised on tax matters. Adv. Anat Even-Chen advised on data privacy, cybersecurity, and other regulatory matters.
October 7, 2021
Barnea Represents GAP Inc. in Acquisition of Israeli Startup
Our firm advised fashion retail giant Gap on its first significant acquisition of an Israeli technology startup. As part of the transaction, CB4's team will join Gap as full-time employees. Adv. Simon Jaffa and Adv. Ariella Dreyfuss represented the US clothing and accessories retailer, while Adv. Netta Bromberg and Adv. Jacki Silbermann advised on the employment matters arising from the transaction.
October 5, 2021
“Pandora Papers” Scandal: N12 Interview with Adv. Harel Perlmutter
The “Pandora Papers” scandal, revealed yesterday, shines a spotlight on the world of tax havens. Adv. Harel Perlmutter, head of the firm's Tax Department, addresses the issue in an interview with N12.
October 4, 2021
Everything You Need to Know about Israel’s Green Pass for Employees
Updated regulations for the implementation of the Green Pass in Israeli workplaces will come into effect on October 5, 2021. Following are some of the main guidelines of the regulations.
October 4, 2021
Barnea Represents Azrieli Group in ILS 1.31 Billion Acquisition of Mall Hayam
Our firm represented Azrieli Group, the largest income-producing real estate company in Israel, in the acquisition of Mall Hayam for ILS 1.31 billion. Adv. Terry Almozlino Arnon, Adv. Ilan Blumenfeld, and Adv. Alon Wolner represented Azrieli in the transaction.
September 30, 2021
Op-Ed: Knesset Debate on Establishment of Regulatory Authority
An op-ed in Globes addressing the current Knesset debate over the establishment of a new regulatory authority.
September 29, 2021
ESG: The New Must-Have in the Due Diligence Process
An assessment of environmental, social, and governance (ESG) factors has become an integral part of the due diligence review of companies. Such assessment may provide a potential acquirer with a detailed analysis of a company’s ability to operate successfully in a corporate world with growing environmental awareness. This is especially important for companies looking at merger and acquisition targets and seeking new investments. It is also important for any company for its future planning.
September 29, 2021
Barnea Represents Niio in Strategic Partnership and Financing Agreement with Samsung
Our office has served as legal counsel for Niio, a unique digital art platform, since its establishment. The startup recently completed a USD 15 million fundraising round. Adv. Simon Jaffa and Adv. Ariella Dreyfuss also represented Niio in a strategic partnership and financing agreement with Samsung Display, which will exhibit on hundreds of its frames the digital artwork Niio offers.
September 23, 2021
Barnea Represents RSBG in USD 140 Million Sale of Shares to LG
Barnea represented RSBG Ventures GmbH in the USD 140 million sale of its shares in the Israeli cybersecurity company Cybellum Technologies Ltd., as part an acquisition of a majority stake (65%) in the company by LG Electronics Inc. Adv. Simon Jaffa and Adv. Ariella Dreyfuss led RSBG’s role in the transaction.
September 19, 2021
Israeli Privacy Protection Authority Publishes New Statement Concerning Location Data in Workplaces
There has been an uptrend in recent years of employers using a variety of technological tools to supervise their employees and oversee the quality of their work. The use of these tools has become more prevalent due to the shift of many organizations to working from home last year.
September 14, 2021
District Court Ruling: Azrieli Foundation Exempt from Paying Taxes on Dividends
An Israeli district court rejected the Israel Tax Authority’s attempt to force the Azrieli Foundation to pay taxes in the amount of tens of millions of shekels for dividends it received and continues to receive due to its holding in Azrieli Group's shares. The court accepted the tax appeal, which was filed by Barnea Jaffa Lande, and ruled that the Azrieli Foundation, a nonprofit organization that works for the public good in Israel, is not the controlling owner of Azrieli Group and is therefore entitled to a tax exemption. The court ruled, among other things, that the ITA’s position could have a chilling effect in relation to business entities’ support of philanthropic associations. Adv. Zohar Lande, Adv. Eyal Nachshon, Adv. Harel Perlmutter, Adv. Nir Ziman, and Adv. Omer Keydar represented the Azrieli Foundation throughout the proceedings, which lasted about five years.
September 14, 2021
Guardianship Struggle over Eitan Biran – Everything You Need to Know about Writing a Will
In recent days, the guardianship struggle over Eitan Biran, the young boy whose parents and little brother were killed in a cable railway disaster in Italy, has made headlines again. This sensitive event has aroused interest around the question of writing a will at a young age. Adv. Liat Keisary addresses this issue of concern for many parents in an interview with Israel Hayom.
September 2, 2021
Class Actions: What Happens When the Alleged “Wrongdoing” Has Already Been Rectified?
Motions to certify class actions have long since become one of the most prevalent challenges facing private and public companies providing services to the public. Empirical studies show a gradual and nearly steady rise in the number of motions to certify class actions being filed since the Israeli Class Actions Law was enacted in 2006 and to date. If initially, a few dozen motions were filed annually, today, hundreds and even thousands of such motions are filed each year with the various courts, which imposes a heavy burden on the courts and on the parties being sued.