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September 9, 2024

Barnea: Representation of Qualtero in an acquisition transaction amounting to over 30 million US dollars.

Advs. Yuval Lazi and Nofer Rose David represented Qualtero – a company specializing in IT and consulting services - in its acquisition by Comply365 for over 30 million US dollars.

August 28, 2024

Tax Benefits to NGOs in Israel and “Public Purposes”

In order to promote the activities of NGOs, and to encourage donors to donate to these public benefit institutions, the State of Israel is granting them unique tax benefits, subject to the fulfillment of defined criteria.

August 19, 2024

Singapore-based Prytek acquires TipRanks at USD 200 million valuation

Advs. Ariella Dreyfuss and Rahaf Awawdi represented TipRanks in a transaction whereby Prytek acquired an additional 40% stake in TipTanks, becoming its controlling shareholder. In 2021, TipRanks raised $77 million, partially through a secondary offering led by Prytek. This transaction was also handled by the firm, with Adv. Hanna Daher assisting in all tax aspects.

August 7, 2024

Barnea: Adjudication of the Entrepreneurship Program at Tel Aviv University

Our firm is the legal partner of the Tel Aviv University Entrepreneurship Center, providing support for various programs, including the "Entrepreneurs on Campus" program, which is designed for female students pursuing a second degree or higher for purposes of developing a startup. Yesterday, the program's Pitch Night took place, in which the entrepreneurs presented their ventures. Adv. Inbar Katzir, who supports early-stage startups, served as a judge at the event's finale

August 6, 2024

Barnea: Representing Trivago in an Investment in the Israeli Startup Holisto

Our firm represented Trivago, a leading global hotel search platform, in its strategic investment and call option to acquire Holisto, an Israeli AI-driven travel tech platform that serves as a hotel rate aggregator and white-label booking engine provider. Ariella Dreyfuss and Dean Weinberg represented Trivago.

August 4, 2024

International Bar Association: Ariella Dreyfuss on Acquiring Startups

Partner Ariella Dreyfuss spoke on an IBA webinar about the key legal considerations of acquiring startups and early-stage companies in India.

August 1, 2024

Conditional Payment (Earn-Out)

An earn-out arrangement involves the seller agreeing to receive only a portion of the consideration at the transactions completion, with the remainder contingent upon the acquired company’s achievement of specified financial or operational milestones during a defined post-completion period.

July 31, 2024

Entrepreneurship: Tal Freilich Hai Lectured at Tel Aviv University's Entrepreneurship Center

Tal Freilich Hai spoke to participants of Tel Aviv University's "Yazamiyot - Female Entrepreneurs on Campus" program about core legal concepts in the world of entrepreneurship and startups.

July 18, 2024

The Israeli Approach to Anti-Dilution Rights

Investors that want to preserve their holding percentage in a company have two main options: an anti-dilution right or a pre-emptive right. Each has a different significance, but adding both to the investment agreement will fully protect an investor’s holdings. The Israeli Approach to Anti-Dilution Rights

July 17, 2024

Barnea: Representing Thermo Fisher in its Investment in CytoReason

Our firm represents Thermo Fisher in its participation in an $80 million financing round for CytoReason, alongside notable investors OurCrowd, Nvidia, and Pfizer. CytoReason offers therapeutic leaders molecular-level insights and advanced AI tools to support data-driven decision-making in healthcare and life sciences. Representing Thermo Fisher in this transaction are lawyers Simon Jaffa, Ariella Dreyfuss and Rahaf Awawdi .

June 20, 2024

Compulsory Online Reporting to the Israeli Registrar of Companies

Pursuant to the Registrar of Companies’ directives, every company incorporated in Israel, whether under local or foreign ownership, must file its reports and applications to the Registrar of Companies solely online, through the Corporations Authority’s website.

June 16, 2024

Israeli Law Prevails Over Foreign Jurisdiction Clauses in Consumer Contracts

A new Israeli Supreme Court ruling states that, in particular instances, Israeli law will apply to engagements and agreements, even if those agreements stipulate that foreign law applies to them. In its decision, the court also issued several significant rulings that could affect commercial relations, in instances when cogent provisions of law apply.

June 10, 2024

Corporations in Israel Must Have an Official Digital Address

Companies that did not report their digital address to the Registrar of Companies as part of their 2023 annual reports must report them in the 2024 reports. If they fail to do so, they may face fines and sanctions.

May 29, 2024

Step-by-Step of Voluntary Liquidation in Israel

In Israel, voluntary liquidation is an orderly procedure that begins with the preparation and submission of a solvency statement by a company's directors. This is followed by the shareholders' approval of the liquidation, delivery of notices to the company's creditors and the Registrar of Companies, and finally the company's liquidation. It is crucial to conduct the procedure in an orderly manner to avoid exposures, fines, and debts.

May 23, 2024

Recovery in the M&A Sector: Interview with Micky Barnea in TheMarker

Israel’s MA market is beginning to show signs of recovery. Micky Barnea, our firm’s managing partner, was interviewed by TheMarker on the subject. Micky noted that "so far, more deals are being made in private companies, but if there isn't a significant security escalation, this trend will extend to public companies as well."

May 13, 2024

Tax: Classification of Intercompany Transactions

A tax assessment dispute in Israel has led to a new court ruling dealing with relationships between subsidiaries in a multinational group and classification of the nature of the business activities that the companies provide to each other.

April 15, 2024

Majority Shareholders, CEOs, and Board Chairmen – Interview with Micky Barnea

With the Amir brothers’ entry to Shufersal, they appointed close associates to management positions as well as board directors on their behalf. This move has sparked debate about control and management in public companies and the blending of roles between CEO, board chairman, and majority shareholder. As an expert on corporate governance and shareholder struggles, Micky Barnea, our firm’s managing partner, was interviewed by TheMarker on the matter.

March 31, 2024

Representing One Peak in USD 100 Million Financing Round

Simon Jaffa, Yuval Lazi, Mayer Winkler, Tal Freilich, Nofar Rose David, and Dana Ben Yehuda from our firm's Corporate Department represented UK-based investment management firm One Peak Partners in its investment in Coro, an Israeli cybersecurity startup.

February 1, 2024

Institutional Investors, Investment Funds, and ESG

The European regulations that apply to investment funds are expanding to cover ESG issues. Israeli institutional investors should familiarize themselves with the regulations and prepare for similar regulations in Israel.

January 25, 2024

Monopoly: Meta to Pay ILS 25 Million for Failing to Report Mergers

The high fine spares Meta an official determination by the Israel Competition Authority that it violated competition law by failing to report mergers, and serves as a “warning sign” to other international corporations that may not be sufficiently familiar with the obligation pursuant to Israeli law to report a merger if the company fulfills the monopoly criterion.