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July 23, 2024

Israel: Significant Changes in Privacy Protection Law

The recent reform of the Privacy Protection Law aligns Israel's privacy regulations more closely with European standards.

July 21, 2024

Proprietary Trading and Global Regulation

A new trend that offers potential traders trading experience is challenging regulations and raising complex legal questions about the existence of a “trading platform” and the need for an investment advice or portfolio management license.

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 18, 2024

Google-Wiz Deal: Gal Rozent Interviewed by TheMarker

Gal Rozent, a competition law expert, was interviewed by TheMarker about Google's planned acquisition of Wiz. Gal explained current trends in the US and Europe and what regulatory authorities will request to examine to approve the deal.

July 17, 2024

Israel: New Limitations on Transfers of Personal Data

Israel’s Privacy Protection Authority has published a draft opinion clarifying its interpretation regarding transfers of personal data from Israel to other countries. According to this interpretation, such transfers of personal data are generally permitted only if the receiving country ensures a level of data protection equivalent to that of Israel.

July 15, 2024

Dr. Zvi Gabbay Conducts Workshop for El Al Managers

Dr. Zvi Gabbay, together with Zvi Rabin, conducted the workshop "Prohibition on Insider Trading – Do's and Don'ts" for El Al managers as part of the airline's compliance, enforcement, and cyber week.

July 14, 2024

Israeli Monopolists Barred from Granting Discriminatory Rebates

The Israeli court’s precedent-setting ruling in Aviad Concrete Industries v. Nesher Israel Cement Enterprises found that Nesher violated provisions of the Economic Competition Law when it gave its major customers significantly higher rebates than those it gave to its small customers, thereby harming competition.

July 14, 2024

Israel: Regulation of Payment Services Law Comes into Effect

When the law came into effect last month, the Knesset Economic Affairs Committee prescribed an important series of exemptions from licensing requirements and updated timetables for submitting license applications in particular instances.

July 11, 2024

AI, Data Privacy, and Technology for the Modern Legal Counsel

Our firm developed a unique four-part course for legal advisors and last night the final session was held at our offices. The course was held in collaboration with Microsoft, TrustIZ, and Taylor Wessing UK. It covered AI regulation, drafting and negotiating the privacy aspects of artificial intelligence agreements, and how to deal with data breach events.

July 10, 2024

Barnea: Participating in ACC Israel Annual Conference

Zohar Lande, the head of our firm's Litigation Department, participated today in the annual conference hosted by the Association of Corporate Counsel in Israel (ACC Israel). Zohar took part in a fascinating panel on crisis management in companies. 

July 9, 2024

Barnea: Representing Aviad in Precedential Competition Lawsuit

Our firm represented Aviad Concrete and Clay Industries in a lawsuit against Nesher Israel Cement Enterprises that alleged Nesher abused its monopolistic position and harmed competition. The court's ruling set a precedent regarding the limits of the prohibition imposed on monopolies from discriminating between customers. Gal Rozent and Ran Karmi represented Aviad in the lawsuit.   

July 8, 2024

Federal District Court Vacates Rule under HHS's HIPAA Tracking Technologies Guidance

Until now, the HHS guidance provided a very broad interpretation of what constituted "protected health information" (PHI). This interpretation severely restricted data analytics service providers' ability to cater to hospitals and for hospitals to manage their digital assets, in addition to exposing them to class action lawsuits. A federal court's ruling to vacate the guidance is expected to facilitate both service providers and hospitals.

July 4, 2024

Insolvency: Idan Miller Lectures to Israel Builders Association Course

Idan Miller, the head of our firm's insolvency practice, lectured to attendees of an Israel Builders Association financial management course. The focus of the lecture was how to handle and prepare for insolvency events.

July 3, 2024

Barnea: Representing Azrieli Group in Lease Transaction with NTA

Our firm represented Azrieli Group in a multimillion-shekel lease transaction with NTA – Metropolitan Mass Transit System Ltd. As part of the transaction, NTA will expand its office space at Azrieli Business Park Holon from 8,000 to 12,000 square meters. Alon Wolner and Hili Michaeli represented Azrieli in the transaction. 

July 2, 2024

Contractor Loans: Terry Almozlino Arnon Interview with Globes

Terry Almozlino Arnon, the head of our firm's Real Estate Department, spoke with Globes about the future of contractor loans. 

June 30, 2024

Walla: Maya Carmi Lubartovski Discusses Important Details of Gifting an Apartment

No takebacks, receiving nothing in return, and a cooling-off period—gifting an apartment to a relative offers significant tax advantages. However, it is crucial to fully understand the consequences of this move for both the giver and the recipient of the gift.

June 26, 2024

New Precedent: Commissioner for Insolvency Proceedings Accepts Military Reserve Duty as Justification for Relief

Idan Miller, the head of our firm's insolvency practice, was appointed as the insolvency trustee for White Dress Marketing Ltd. (formerly Riki Dalal Group). Together with Hadar Eilon, Idan submitted an economic rehabilitation plan on behalf of the company and its shareholders for the Tel Aviv District Court's approval. In his request, Idan asked that the controlling shareholder's military reserve service be recognized as a contributing factor for the purpose of granting relief and avoiding a full insolvency procedure. When asked by the court for his response, the Commissioner for Insolvency Proceedings accepted this position.

June 26, 2024

Transaction: Solrom Merges with Listed Company 3DM

Hagit Ross, Elad Reshtick, Omri Oren, and Alon Anava represented the public company 3DM in a merger transaction, wherein 3DM will acquire Solrom Electronics Ltd. Solrom is engaged in the development, planning, production, and marketing of products primarily for use in the defense market.

June 26, 2024

Globes: Protected Tenants and Key Money

Everything you need to know about key money transactions — the advantages, the disadvantages, and the law.

June 25, 2024

Barnea: Hosting “Demo Day” for Azrieli College of Engineering’s AtoBe Accelerator

We were happy to host the Demo Day event for the AtoBe Accelerator at the Azrieli College of Engineering. During the event, entrepreneurs presented their innovative ventures to an audience of investors.