Latest Updates

October 29, 2018

Israel Securities Authority: Cyber Event Requires Reporting

In light of the increasing magnitude and scope of cyber threats, as well as growing concerns about disruptions to public companies’ operations, the Israel Securities Authority (ISA) has published a Staff Position Statement addressing public companies’ required disclosures for all cyber-related issues.

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October 29, 2018

Buying an Apartment in an NOP 38/1 Urban Renewal Project? These New Regulations Are for You

The Ministry of Construction and Housing recently published a memorandum of law that prescribes a payment schedule for the first time that is specifically defined for urban renewal projects involving the addition of new apartments to existing buildings.

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October 26, 2018

Year in Review - Technology

In March 2018 the Israel Innovation Authority launched a $264 Million National Digital Health Program, with the aim of promoting Israel as a leader in digital health, and improving the quality and quantity of digital health data to support the research and development of preventive and personalize medicine. The program includes a new National Genomic-Clinical Initiative, aimed at sequencing and analyzing the genomes of 100,000 Israeli volunteers, for the purpose of aiding drug discovery.

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October 25, 2018

Warranty & Indemnity (W&I) Insurance – It’s All in the Name

Sellers in an MA transaction are required to make certain statements about the company they are selling. If these statements are not true, the buyer can claim against the seller for any damages it incurs as a result of the inaccuracies. WI insurance can cover the cost (or part of the cost) of the buyer’s damages.

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October 25, 2018

New Court Ruling Prohibits Short-Term Apartment Rentals

The Supervisor of Land Registration at the Ministry of Justice accepted a lawsuit filed by the housing committee of a condominium building in Tel Aviv and forbade one of the apartment owners from using his apartment for short-terms rentals (Airbnb, Booking).

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October 25, 2018

Q&A on the Right of Workers to Unionize

We answer a series of questions from Mako about the right of workers to unionize in the workplace.

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October 24, 2018

Are Short-Term Property Rentals Legal?

Adv. Ariel Nadler, Head of the Real Estate Department, was interviewed on a financial radio program at the Public Broadcasting Corporation about the possibility of property owners and sub-tenants renting out apartments for the duration of the Eurovision Song Contest (starting at min' 44).

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October 24, 2018

Can You Prevent Neighbors from Renting Out Apartments on Airbnb?

Adv. Ariel Nadler was interviewed by CalcalistTV on the decision by the Supervisor of Land Registration at the Ministry of Justice to forbid an apartment owner in a building in Tel Aviv from using his apartment for short-terms rentals (Airbnb, Booking).

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October 23, 2018

IBM Alpha Zone 8th Class Selection

Our firm participated in the selection process for the 8th class of the IBM Alpha Zone accelerator.

October 16, 2018

Hosting a Delegation of French Companies from the Aerospace Industry

Barnea hosted today a French delegation of major aerospace companies. The delegation's participants came to Israel to initiate commercial partnerships and technological cooperation with their Israeli counterparts.

October 16, 2018

October 2018 News Flash – Employment Law

This news flash features information on the statutory day of rest during upcoming general elections for local authorities and regional councils in Israel and an update on the new amendment to the Prevention of Sexual Harassment Regulations.

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October 15, 2018

A Building without a Building Permit Cannot Perform Urban Renewal under TAMA 38/2

The Tel Aviv District Court, presiding as an Administrative Court, rejected a petition filed against the District Appeals Committee for Planning and Construction and held that a structure that has not received a building permit cannot execute a TAMA 38 project. Per the court, the desire to reinforce buildings for risk of earthquakes is not intended to cure construction non-compliance and is not designed to "launder" buildings constructed without a permit

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October 14, 2018

Officers’ Liability in “Spam” Lawsuits

It is not common knowledge that officers of companies who customarily disseminate advertising messages in a manner that constitutes a violation of the Israeli Anti-Spam Law are personally exposed to lawsuits, even to class actions at millions of shekels.

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October 9, 2018

Between Dankner and Musk: A Lesson on Enforcement

Dr. Zvi Gabbay published an article in Globes on the Nochi Dankner and Elon Musk affairs and the differences in enforcement culture between the American and Israeli systems.

Read the Full Article in English

Article from Globes

October 9, 2018

Event Invite: Managing Anti-Bribery and Corruption Issues: US, EU & Israeli Perspectives

Join Barnea and BCLP for a seminar on cross-border anti-corruption investigations.

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October 7, 2018

Barnea Takes on Representation of TI Group Automotive Systems SRO

Our firm is representing the Czech company TI Group Automotive Systems SRO in a €4.5 million lawsuit against Raval ACS Ltd. The lawsuit stems from a valve failure that resulted in the recall and repair of 250 thousand Mercedes cars.

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October 7, 2018

Israel Offers Fast Route to Restructuring in Nod to Startups

Adv. Harel Perlmutter, Head of the Tax Department, was interviewed by Bloomberg BNA following the Israel Tax Authority's announcement of a new "Green Route" to make it easier for Israeli entrepreneurs to transfer corporate assets abroad.

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October 4, 2018

All You Need to Know about Receiving Brokerage Fees in a Transaction

Here are a few rules of thumb to make it easier for you to receive the brokerage fee payment and to make it harder for your clients to evade such payment.

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October 3, 2018

Legal Workshop for The Xcelerator

Micky Barnea conducted today a legal workshop for The Xcelerator, the new accelerator program created jointly by the Israel Security Agency and Tel Aviv University’s TAU Ventures.

October 3, 2018

Event Invite: Defending Against Sexual Harassment at the Workplace in the UK, USA and Israel

Join Barnea and Squire Patton Boggs for a free training session on the issue of defending against sexual harassment in the workplace and receive an overview of the key legal and practical issues in the UK, the US and Israel.

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