Latest Updates

January 22, 2024

Legal Guide for Implementing AI Tools in Organizations

While AI tools offer significant contributions to businesses, even non-technological ones, it's crucial to understand the potential exposures these tools may present. This guide emphasizes the importance of conducting examinations and implementing AI tools in a legal and transparent manner.

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January 21, 2024

The Israeli food producer Osem is continuing to transfer intellectual property rights to Nestle

Yuval Lazi and Harel Perlmutter were interviewed by Globes about the transfer of Osem’s intellectual property rights to Nestlé. They explained how this transfer is likely to affect the State of Israel.

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January 11, 2024

Barnea: Representation of Metpro in a Petition Filed Against the Company’s Win in the Metro Project Tender

Advs. Shai Avnieli and Tal Shirizli represented Metpro in a judicial review petition brought by Metro Dan contesting the results of the tender published by NTA for management of the Gush Dan metro project. The court dismissed the claims against Metpro and the other successful bidders, admonishing the petitioner's behavior. The court further ordered Metro Dan to cover ILS 85,000 in expenses for each respondent.

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January 9, 2024

Mediterranean Towers and Clal Insurance & Finance Establish Joint Venture

Mediterranean Towers and Clal Insurance Finance have signed an agreement to invest ILS 500 million for the establishment of a joint venture to locate and develop senior housing enterprises. The ILS 500 million will serve as the JV's equity capital, for up to ILS 3.3 billion in financing. Mediterranean Towers, a leader in senior housing complexes in Israel, will invest ILS 200 million in the joint venture and will own 51% of the rights and capital of the JV. Advs. David (Dudi) Cohen and Omri Oren represented Mediterranean Towers in the deal.

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January 8, 2024

New ISA Rules on Foreign Brokers’ Supervision of Marketers

The Israel Securities Authority imposes supervisory obligations on foreign brokers with regard to the activities of their marketers in Israel.

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January 8, 2024

Amichai Cohen Interviewed on “One a Day” Podcast

As an expert on international law, Prof. Amichai Cohen, a special counsel at our firm, was interviewed on the “One a Day” podcast hosted by Elad Simchayoff. Amichai discussed the chances of Israel being found guilty of genocide by the International Court of Justice in The Hague.

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January 4, 2024

Israel Innovation: Incentives to Establish Angel Investor Clubs

The Israel Innovation Authority is granting support to new angel investor clubs as part of a series of measures to encourage entrepreneurship and the high-tech industry in Israel.

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January 4, 2024

Copyrights: The New York Times Sues OpenAI and Microsoft

The conflict between copyright protection for content creators and the development of AI platforms by companies is being litigated once again in court. Can appropriate regulation reconcile between the parties’ needs?

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January 3, 2024

Personal Liability for Debt to the Registrar of Companies

A district court in Israel has ruled to impose personal liability on a company’s CEO and director for the company’s accumulated debt to the Registrar of Companies in respect of annual fees, after the company ceased operating, because the CEO and director refrained from opening court proceedings to liquidate the company.

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January 3, 2024

Barnea: Representing Pomvom in Merger with Israel Acquisitions Corp

Israel Acquisitions Corp, initially founded as a SPAC, and Pomvom Ltd., a technology firm specializing in amusement park content, have formally announced a binding merger agreement. The combined entity is set to be traded on Nasdaq. Hagit Ross, Alon Anava, and Ronit Lerer represented Pomvom Ltd.

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January 2, 2024

Reserve Benefits for Serving in a “Kitat Konenut”

The circumstances of the Swords of Iron War have led to new emergency legislation in Israel encouraging residents to enlist in their towns’ local defense squads. Anyone called up under an Order 8 for active duty in a kitat konenut is entitled to a reserve benefit from Israel’s National Insurance Institute.

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January 2, 2024

Barnea: Hosting Israeli Olympic Committee Members for Meeting of “Podium” Program

Our firm hosted members of the Israeli Olympic Committee as part of the prestigious national “Podium” program for sports coaches. The program is run by the Israeli Ministry for Sports and Culture and the Wingate Institute. Yuval Lazi, a partner and head of the firm’s International Corporate Department, talked to participants about challenges and opportunities in the medtech field.

January 2, 2024

Israel: Principles for Innovation and Responsible Use of AI

The document published by the Ministry of Innovation, Science and Technology, in conjunction with the Ministry of Justice, specifies the principles for developing and supervising AI technologies and their use by entities in Israel.

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January 1, 2024

Operation Swords of Iron: What Is Expected for Evacuated Communities from the Gaza Envelope and the North?

An expert in the kibbutz sector, Hagit Ben Moshe was asked to address the temporary and permanent solutions the government had offered to evacuated communities from Israel’s north and south, as well as to explain why some kibbutzim and moshavim oppose them.

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January 1, 2024

Israeli business executives look ahead to 2024 - interview with Itay Gura

In an interview with The Jerusalem Post, Itay Gura, a partner who oversees the firm’s startup practice, shares insights regarding the Israeli startup sector's reaction to the turbulent present.

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December 27, 2023

Surveillance Cameras in Workplaces and Employment Conditions

The Regional Labor Court in Tel Aviv has recognized an employee’s resignation as tantamount to dismissal under the law due to the employer’s use of surveillance cameras around the employee’s workstation in a manner inconsistent with the Privacy Protection Authority’s guidelines and the court’s position in such matters.

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December 27, 2023

Barnea: Representing Eshkolot in Lawsuit against Screen iL

After filing a lawsuit against Netflix, Eshkolot, the Company for the Performing Rights of Israeli Artists continues to fight companies that use protected performances for commercial purposes without obtaining the artists’ consent and without paying them royalties. Last week, with our counsel, Eshkolot filed another lawsuit on the same issue against Stream IL Communication Ltd and the American company Stream IL Inc., which operate the website Screen iL. Eyal Nachshon, Avinadav Preuss, and Naama Ben Arosh Moshe prepared the statement of claim.

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December 26, 2023

Institutional Activism – Interview with Micky Barnea and Zohar Lande

In the past year, there has been a growing trend of institutional investors seeking to influence the companies in which they hold shares. As experts in the field, Micky Barnea and Zohar Lande were interviewed by TheMarker about institutional investors’ increasing involvement in companies.

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December 25, 2023

An Interview with Dr. Zvi Gabbay on the SEC’s Approach to Regulating the Crypto Market from a Legal Perspective

As an expert in regulatory affairs, Finance Magnates conducted a two-part interview with Dr. Zvi Gabbay. In the interview, Zvi expressed strong criticism of the U.S. Securities and Exchange Commission's current strategy regarding the cryptocurrency market. This comes in the wake of the SEC's aggressive legal actions against major players such as Coinbase, Kraken, and Binance.

To read Part 1 – The SEC Is Wrong and They're Already Paying for It

To read Part 2 – BlackRock's Venture into the Bitcoin ETF Realm>>

December 25, 2023

Barnea: Representing Aviv Group in Investment Transaction

Ilan Blumenfeld, Terry Almozlino Arnon, Alon Wolner, and Daniel Kleinman represented Aviv Group in a ILS 45 million investment by Menora Mivtachim in Aviv Group’s ILS 1.2 billion skyscraper project in Herzliya.

For more details, read the article in Ice

For more details, read the article in Calcalist

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