Latest Updates

November 7, 2019

Israel State Attorney’s Policy on Indicting and Sanctioning Corporations

In October 2019, the Israel State Attorney published a new guideline on its office’s policy when considering the prosecution of a corporation, as well as on how it should determine its position on the manner of punishing corporations.

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November 7, 2019

Assuring Apartment Purchasers' Money

Israeli's Ministry of Construction and Housing recently imposed a NIS 6.5 million financial sanction on the developer of a TAMA 38 project in Kiryat Bialik. The developer was fined after failing to produce a guarantee to purchasers of apartments in the project for funds they had paid toward the unit price, as required by the Assurance of Investments Law.

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November 6, 2019

The Fine Print of Terms of Use

The United States Court of Appeals for the Ninth Circuit (in California) recently held that the scraping of data from public websites without any prior consent is lawful, even if it contradicts the provisions of a website's terms of use.

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November 6, 2019

Compliance and Ethics in Corporations

The clear advantages of inculcating an enforcement and compliance culture are expressed not only in routine times, but also in times of crisis, and they can tip the balance and make all the difference.

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November 6, 2019

Barnea Representing Azrieli Group in Sale of Supergas Holdings

Our firm represented Azrieli Group in the sale of its holdings in Supergas to Elco Group for NIS 820 million. Azrieli was represented by Advs. Micky Barnea, Ilan Blumenfeld, Sagi Gross and Daniel Kleinman.

Article from Globes

Article from The Marker

November 6, 2019

Lawsuit against Liquidating Company of Bank of North America

Our firm is representing private clients in a lawsuit against the liquidating company of the Bank of North America (disbanded in 1985), as well as against the administrator general and official receiver. The lawsuit concerns trust funds deposited in the bank by the deceased father of the family. The clients are represented by Advs. Zohar Lande and Shachar Rothschild of our Litigation Department.

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November 4, 2019

Mobileye-Intel Deal: Our Firm Continues to Represent Amir Waldman

Our firm continues to represent Amir Waldman, who was charged by the US Securities and Exchange Commission for insider trading in connection with Intel's acquisition of Mobileye. The proceedings are pending before a federal court in New York.

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October 30, 2019

Micky Barnea Interview with Legal Business Magazine

Micky Barnea was interviewed by the British magazine Legal Business about whether the political situation in Israel has affected its economy. Micky noted that investments, from both overseas companies into Israel and in the local market, remain extremely strong, and expressed future confidence in the Israeli economy.

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October 29, 2019

Transfer of Digital Currencies - The Dream and its Collapse

Regulatory resistance and legal proceedings by the US Securities and Exchange Commission are hindering the realization of one of the greatest promises of blockchain technology – the transfer of cryptographic currencies and assets between users without an intermediary.

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October 28, 2019

The Court Rules that A Short Absence from Work without Permission Does not Constitute Resignation

In a recent ruling, the Labor Court found that a short-term unapproved absence from work may constitute a disciplinary violation, and therefore be cause for termination, but cannot be seen as resignation.

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October 28, 2019

Sick Leave After A Hearing Procedure

The Tel Aviv Regional Labor Court recently ruled that an employee who took advantage of her sick leave as vacation days immediately after being summoned to a termination hearing warranted being denied severance pay and early notice payments.

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October 28, 2019

Supreme Court Includes Nespresso Case on List of Key 2019 Rulings

The Supreme Court recently published a list of significant rulings handed down in the past year. The Supreme Court's dismissal of Nespresso's lawsuit against our client Espresso Club is included in this prestigious list.

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October 23, 2019

Innovation Authority Grants - What to Know in Advance?

The Israel Innovation Authority runs a series of programs that support entrepreneurs and companies in the various business stages. It is important to recognize the limitations the receipt of such funding from the Authority imposes upon a project.

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October 16, 2019

Representing German Fund Mercura in Investment in Israeli Startup 3DSignals

Our firm represented the German fund Mercura in its investment in 3DSignals. This Israeli startup enables the monitoring of production floor performance. The investment follows the company's rapid growth in the German market.

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October 7, 2019

Lecture by Hadar Israeli on Administrative Enforcement in Israel

Adv. Hadar Israeli, a partner in our Capital Markets Department, lectured on administrative enforcement in Israel during a seminar organized by EY on fraud and scam risk management. During the lecture, Hadar presented how an organization should handle a crisis when an investigation has already begun and also discussed the importance of having organized enforcement programs.

October 6, 2019

The First to Adapt Are the Most Likely to Survive

Israel is known around the world as the “Start-Up Nation.” Simon Jaffa, our founding partner, explains to PSMG how Israeli law firms must adapt to this changing technological world.

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October 2, 2019

Risk Management Course at the Israel Financial Institute

Dr. Zvi Gabbay lectured today on the risks of financial crime as part of a risk management course at the Israel Financial Institute.

October 2, 2019

Essential Legal Tools for the Period between Life and Death

Guardianship and an enduring power of attorney are two legal tools that allow for the appointment of an individual to take care of another person’s affairs when that person is no longer capable of taking care of him or herself and of managing his or her affairs independently.

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October 2, 2019

World Tax 2020 Edition

We are proud to be ranked by International Tax Review for the 2020 edition of World Tax in the general corporate tax and private clients categories.

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October 2, 2019

What to Do When the Israel Lands Authority Wants to Sign a Renewed Lease

Adv. Hagit Ben Moshe's latest article describes the recent court rulings in favor of agricultural settlements as part of their dispute with the Israel Lands Authority.

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