Latest Updates

August 7, 2017

Supreme Court Precedent – Companies Have the Right to Independent Standing during a Derivative Suit

A significant precedent was handed down recently by the Israeli Supreme Court, whereby a company’s separate and independent standing must be recognized, even after a motion for a derivative suit has been approved.

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August 1, 2017

Plans for New Data Protection Laws in Uk Recently Confirmed

Recently, the UK government pledged to introduce a new Data Protection Bill. The proposed bill will uphold the UK's commitment to applying the privacy principles enshrined in the General Data Protection Regulation (GDPR) despite the Brexit process.

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July 31, 2017

New Lending Platform Regulations

Recently, the Knesset approved an amendment to the Supervision of Financial Services Law, which regulates the activities of online lending platforms that broker between people and businesses under a peer-to-peer (P2P) model.

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July 30, 2017

Knesset Approves Elimination of Fees Imposed on Databases

In early July 2017, the Knesset's Constitution, Law and Justice Committee approved the elimination of the compulsory registration fees and periodic fees paid by database owners.

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July 30, 2017

How Tech Transfer Organizations Drive Israel's Growth

Much of the research and development that goes into new technologies occurs in academic and research institutions and laboratories. But this does not in itself create the new products and processes that change the world. Rather, the technologies are transferred from these academic institutions to the companies that will develop marketable applications.

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July 27, 2017

SEC's Initial Coin Offerings ruling

The Securities and Exchange Commission (SEC) ruled that initial coin offerings are subject to the same requirements as those falling under federal securities laws. Read our interview in TheMarker.

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July 26, 2017

Adv. Ariella Dreyfuss to lecture at the Bengis Center for Entrepreneurship & Innovation

Adv. Ariella Dreyfuss will lecture today to the participants of the international program of the Ben-Gurion University Innovation Program on the topics of founder agreements, IP and investment agreements.

July 25, 2017

Barnea & Co. represented Industries Centers EOD in the acquisition of control by US company ADM

The acquisition of control by US company ADM of Israeli company Industries Centers EOD—which imports and markets animal feed, processes seeds, and stores emergency inventory for the state—has been completed. The company was represented by Advs. Micky Barnea, Yuval Lazi, Ilan Blumenfeld, Sagi Gross, and Daniel Kleinman.

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July 25, 2017

Can a deceased person's lawsuit automatically be terminated?

We were interviewed on a financial radio program regarding the fate of a lawsuit when the plaintiff passes away. We explained that the lawsuit continues via the heirs or the estate manager, who enter the shoes of the deceased. (starting at min' 9.40)

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July 25, 2017

Israel’s Sale Law Commissioner Clarifies that Urban Renewal Transactions Must Comply with Provisions of Sale Law

On July 24, 2017, the Sale Law Commissioner in the Israeli Ministry of Construction and Housing published two clarifications concerning the Sale Law and urban renewal projects.

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July 19, 2017

Adv. Ilan Blumenfeld to mentor at the Heseg Innovators Program (HIP)

Adv. Ilan Blumenfeld, a partner at Barnea, will serve on the judges' panel at the upcoming HIP presentation. The program’s entrepreneurs will present Ilan and the other mentors their ventures and receive feedback on how to improve them.

July 19, 2017

Adoption of Business Judgment Rule - A new article by Dr. Zvi Gabbay

Adv. Zvi Gabbay's article deals with the ruling handed down by the Israeli Supreme Court at the end of December 2016, in the Bezeq case, in which the Supreme Court adopted the protection granted to decisions of the board of directors by applying the business judgment rule. The article seeks to examine whether this ruling achieved one of its main objectives—legal certainty.

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July 19, 2017

High Court Issues Interim Order on Channel 20’s Winning Bid for Knesset Channel

RGE, represented by Adv. Zohar Lande, Ronen Reingold and Adi Shoham of Barnea, petitioned the High Court of Justice over the results of a tender concerning the operation of the new Knesset channel. It requested an interim order that would prevent the agreement with Channel 20, who had won the tender. In a hearing held today at the High Court of Justice, the interim order was issued, freezing the results of the tender.

Globes article

Walla article

Ice article

July 18, 2017

Israel Antitrust Authority Published Statement regarding Vertical Price Arrangements – Resale Price Maintenance (RPM)

Recently, the Israeli Antitrust Authority (IAA) published a final version of its statement regarding Resale Price Maintenance (RPM) arrangements. In this statement, the IAA presents its position with regard to the circumstances under which a supplier is able to dictate the resale price of its products to its distributor (either retail or wholesale) for the next link in the supply chain, without such an arrangement being considered an illegal restrictive arrangement.

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July 18, 2017

Application for a Class Action Suit against the College of Management

Our firm is representing a former teaching assistant at the School of Business Administration at the College of Management in an application for a class action suit submitted to the Labor Court.

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July 13, 2017

Local Cybersecurity for a Connected World

Todays world holds more cybersecurity threats every day than it did the day before. Expert estimate that Israel faces 100,000 cyber-attacks every day, and 10 times that amount in wartime. Given the constant threat against businesses and the government, Israels national focus on fostering cybersecurity technology and growth seems almost obvious.

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July 12, 2017

Adv. Itay Gura to lecture at HIP - Heseg Innovators Program

Adv. Itay Gura will lecture today on the topic of founders agreements at HIP - Heseg Innovators Program.

July 11, 2017

FDI Magazine Executive Breakfast Briefing: Investment opportunities in Israel

Michael Barnea, our Managing Partner, is participating today in a panel discussion on investment opportunities in Israel. The event is being held in London under the auspices of FDI Magazine, which is published by the Financial Times.

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July 10, 2017

Hosting the Tel Aviv Startup CEO Roundtable

Barnea together with MarketingNV are hosting for the third time the exclusive event in the series for startup CEOs. Adv. Yuval Lazi will lecture on the topic of second round funding - key terms and mistakes to be avoided.

July 5, 2017

At the Request of Roni Mana, Represented by Barnea & Co., a Foreclosure was Imposed on Arena Star Group Ltd.

Roni Mana, represented by Adv. Zohar Lande and Gal Livshitz from the Litigation Department at Barnea, requested the court to order that Arena Star Group Ltd. pay brokerage fees for the sale of the Arena mall in Herzeliya. The Tel Aviv District Court today accepted Mana's request for a temporary foreclosure on the funds received by the company for the sale of the mall.

Globes article 04/07

Globes Article 20/07

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