Latest Updates

August 22, 2019

Maya Zisser Featured on Economic TV Program

Adv. Maya Zisser, a partner in the Real Estate Department, was featured on the economic TV program "Sogrim Heshbon." She discussed renting in Israel during the summer.

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August 20, 2019

The High Court of Justice's Policy on Workplace Sexual Harassment in Israel

The National Israeli Labor Court is an independent tribunal and thus only rarely does the High Court of Justice (HCJ) intervene in its decisions. Recently, in an unusual move, the HCJ twice reversed the rulings of the National Labor Court. In both cases as part of its policy to eliminate the phenomenon of workplace sexual harassment.

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August 20, 2019

National Committee as an Aggressive Means to Obtain Agricultural Land Rights

Adv. Hagit Ben Moshe, a partner and our firm's kibbutz sector expert, published an opinion article in Dun's Calcalist on the Law for the Advancement of Construction in Preferred Housing Complexes.

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August 18, 2019

First-Time Fine Imposed for GDPR Violations Involving Employee Data Breach

The Hellenic Data Protection Authority (HDPA) recently imposed a EUR 150,000 fine on the international consulting firm PwC for its violations of the new European data protection regulations (the General Data Protection Regulations, or GDPR).

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August 18, 2019

Administrative Enforcement Committee Approves Agreement between ISA and Kitov Pharma Ltd.

The Administrative Enforcement Committee of the Israel Securities Authority (ISA) approved an administrative enforcement agreement between the ISA, Kitov Pharma Ltd., and a few of its officers. According to the agreement, which concludes the criminal investigation by the ISA, the company and its officers will pay a monetary sanction. Our firm represented the company and its CEO in the process.

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August 15, 2019

Maurice Haliwa Increases Claim against Jacky Ben-Zaken and Avraam Nanikashvili

Our firm continues to represent Maurice Haliwa, a shareholder in Manor A.D. Construction Investments Ltd., in a lawsuit against Jacky Ben-Zaken and Avraam Nanikashvili. Haliwa recently increased the amount of the original lawsuit from NIS 18 million to NIS 100 million. Advs. Zohar Lande and Yatir Madar represent the client.

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August 14, 2019

Barnea Representing Motive Partners and LPA in Acquisition of Modelity Ltd.

Barnea represented Motive Partners, a US-based private equity fund, and LPA, its German daughter company, in the acquisition of Israeli fintech company Modelity Ltd. Advs. Yuval Lazi, Uri Hillel, and Mayer Winkler represented the buyer.

Article from Calcalist

Article from Globes

August 13, 2019

Barnea Represented ISS Global in the Disposition of Its Holdings in Israel

Our firm represented the Danish catering and cleaning services company ISS Global in the disposition of all its holdings in Israel. ISS was advised by Advs. Simon Jaffa, Yuval Lazi, Danny Boguslavsky, and Chen Nadir.

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August 12, 2019

Renting or Leasing out an Apartment? Here’s What You Should Know

Adv. Alon Wolner published an article on the Walla news site on the rights and obligations of lessors and lessees.

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August 11, 2019

Managing an Investment Portfolio for Family and Friends

Dr. Zvi Gabbay was interviewed by the radio station Kol Israel Reshet Bet on how to manage investment portfolios for friends and family. According to Zvi, capital market professionals must be careful, since managing an investment portfolio requires a license. Even when advising family and friends, professionals are subject to duties and may be exposed to risks and claims. (Starting at 03:10.)

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August 8, 2019

Barnea Represents Anzu in Investment Round

Our firm represented the Israeli startup Anzu (Anzu.io) in a USD 6.5 million fundraising round. Anzu developed a platform for game developers that allows the integration of advertisements into the game world.

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August 8, 2019

Supreme Court Rules in Favor of Our Client Espresso Club

The Supreme Court rejected all of Nespresso and Nestle's claims in a lawsuit filed against our client Espresso Club. The lawsuit revolved around an Espresso Club advertisement that featured a George Clooney look-alike. Nespresso and Nestle argued violation of intellectual property rights, but the Supreme Court rejected their arguments in favor of Espresso Club's. This represents a significant ruling on issues of commercial advertising content. Espresso Club was represented by Adv. Zohar Lande, the head of our Litigation Department.

Article from Globes

Article from Daily Mail

August 8, 2019

Entities with Relatively Small Market Shares May Also Be Deemed Monopolies

Six months after the amendment to the Economic Competition Law took effect, the Competition Authority published its position regarding the circumstances in which even an entity with less than a 50% market share may be deemed a "monopoly holder."

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August 4, 2019

New Restrictions on Hedge Funds in Israel

The Israel Securities Authority recently published a staff position that has material implications on the hedge fund sector in Israel and on the investor public, including the mode of incorporation of hedge funds and the limit on the number of investors in a fund.

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August 4, 2019

Ariella Lectures at Hebrew University's TIP 2019 International Summer Program

Adv. Ariella Dreyfuss lectured today to participants of Hebrew University's International Transdisciplinary Innovation program on the first legal steps of launching an initiative.

July 31, 2019

Representing the Israeli Actors' Association in a Royalties Litigation Process against Eshkolot

Our firm is representing Shaham, the largest actors' organization in Israel, as well as a group of artists, in a legal dispute with the management of Eshkolot, a company that handles collection, management, and distribution of royalties to all artists in Israel. In this context, Advs. Zohar Lande, Hadar Israeli and Eyal Nachshon submitted a request to the Economic Department of the Tel Aviv District Court to receive documents before filing a derivative claim over irregularities and defects. The request asks Eshkolot to present information on the manner in which royalties are collected from the various broadcasting organizations.

Article from Calcalist

Article from Globes

July 31, 2019

Dramatic Decision on the Taxation of Trusts in Israel

The Tel Aviv District Court handed down a decision a few days ago rejecting the Israel Tax Authority’s (ITA) position on the conveyance of real estate properties to trusts. This decision dramatically changes the taxation of trusts in Israel.

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July 29, 2019

Payment Apps Will Enter Small Businesses

Bank of Israel published a position paper with respect to the activity of banks' payment apps in the B2C market. The position paper is the conclusion of a long battle waged by credit card companies against the banks.

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July 29, 2019

Software Companies No Longer Subject to Expansion Orders in the Field of Industry?

A new ruling may affect due diligence employment findings and reclassify high-tech companies as companies operating in the industrial sector.

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July 29, 2019

Zvi Gabbay Opinion Article Featured in Law360

Zvi Gabbay published an opinion article in Law360. It discusses the SEC's treatment of two recent events—the federal suit against Kik Interactive and Facebook's announcement on the launch of a new digital currency.

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