Latest Updates

June 11, 2019

Lectures at Hebrew University's Entrepreneurship Center

Commercial Department partners Yuval Lazi and Itay Gura lectured on founders' agreements to participants in the digital and social entrepreneurship programs at the Hebrew University Entrepreneurship Center.

June 11, 2019

Yuval Lazi Lectures at Azrieli College of Engineering's Startup Accelerator

Yuval Lazi, a partner in our Corporate Department, lectured today on the Cinderella stories of young companies to entrepreneurs taking part in AtoBe, the Azrieli College of Engineering's startup accelerator.

June 10, 2019

The Majdi Halabi Affair: The State Is Not above the Law

Adv. Gal Livshits, a partner in our Litigation Department, published an op-ed in Calcalist on the State's attempt to evade payment of a reward to the finders of the body of missing soldier Majdi Halabi following the Supreme Court's ruling that it is obligated to pay.

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June 10, 2019

The Difference between a Distributor and an Agent in the Law's Eyes

Do you sell, market, or distribute someone else’s goods in Israel? Your role, whether as a distributor or as an agent, affects the rights you are entitled to by law.

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June 4, 2019

Innovation in Israel – Legal Aspects: Interview with Simon Jaffa

The Lawyer magazine focused this month on the innovation scene in Israel and interviewed leading lawyers, including Simon Jaffa, to better understand the local legal environment. During the interview, Simon discussed how legislation can often lag behind technological developments. He noted that the most important job for tech lawyers is to help startup clients take calculated risks. This means not just telling clients what they can't do, but also understanding risks, evaluating potential exposure, and helping management make decisions that are right for the company.

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June 3, 2019

Barnea Represented Johnson & Johnson Innovation in an Investment Round in Techsomed

Micky Barnea, Ariella Dreyfuss, Itay Gura and Mayer Winkler represented Johnson Johnson Innovation in an investment round in the Israeli medtech startup Techsomed Medical Technologies Ltd. Founded in 2012, Techsomed has developed an image analysis system that helps track tissue response to thermal ablation, the process of destroying tumors using extreme heat or cold. Techsomed intends to use the funding toward receiving regulatory approval in the US, Europe, and Japan. JJDC led the company's current round of financing, which included both former and new investors, such as Screen Holdings, the Alfred Mann Institute at the Technion (AMIT), NextLeap Ventures, and Axil Capital.

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June 2, 2019

Event Invite: Privacy Regulations – Is Your Business Ready?

The entry into force of the GDPR and the Israeli information security regulations are undoubtedly among the most important legal events of recent years. Their impact on the activity of organizations and businesses concerns not only local companies but also any company wishing to operate in those jurisdictions. We invite you to attend an event where you will receive important instructions and tips on how to implement the obligations that apply to you.

Registration link

May 30, 2019

Guidelines for Standardization of Contracts and Tenders of Infrastructure Companies in the Area of Transportation

In light of the rise of investments in transportation projects, new guidelines were issued for infrastructure companies operating on behalf of the Ministry of Transport, requesting such companies adopt binding standards on several issues regarding contracts and tenders.

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May 27, 2019

Israeli Registrar of Amutot Presents a New Policy – Certificate of Proper Management Valid for Two Years

The Israeli Registrar of Amutot and Dedications has changed its policy on the granting of certificates of proper management to Amutot and public benefit companies (PBC). From now on, any Amutot and PBC that meets particular criteria will be entitled to receive a certificate of proper management valid for two years, instead of for one year, as was the case until now.

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May 27, 2019

Yuval Lazi at the Largest Annual International Cybersecurity Event

Adv. Yuval Lazi will participate in the upcoming Cyber Week event. Yuval will take part in the UK-IL Roundtable on the topic of Online Safety.

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Registration link

May 26, 2019

Hosting a Delegation of German Medical Companies

Our firm hosted a delegation of German Companies, part of the Tech7 collaboration with SCE in the BIPA program (Bavarian Israeli Partnership Accelerator).

May 23, 2019

An Investigation in Ireland Against Google: Privacy Infringement for the Purposes of Targeted Advertising

Adv. Anat Even-Chen in an interview for TheMarker in response to an investigation launched by the Irish Data Protection Commission against Google for violating the GDPR Regulations. According to Anat, the investigation focuses on the service of Internet advertising, and its findings may affect many companies around the world and in Israel, which operate in the field of Adtech.

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May 20, 2019

Institute of Certified Public Accountants and Association of Internal Auditors Petition Supreme Court

Our firm is representing the Institute of Certified Public Accountants and the Association of Internal Auditors in a petition with the Supreme Court against the Government Companies Authority (GCA). It is requesting that the court revoke the GCA circular stating that an internal auditor of government companies rated 7 and above must be a salaried employee and not outsourced. The petition was filed by Advs. Zohar Lande, Eyal Nachshon, and Adi Shoham of the Litigation Department.

Article from Calcalist

Article from The Marker

May 15, 2019

Barnea Represented VVNP in Investment Round in Aleph Farms

Our firm represented the Singapore-based venture capital fund VisVires New Protein (VVNP) in an investment round in Aleph Farms, an Israeli food-tech startup.

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May 14, 2019

First Time in Israel: Enhanced Scrutiny Standard Leads to Issuing of Interlocutory Injunctions

This ruling constitutes a precedent in the way the court applied the standards of judicial review and held that the business judgment rule should not be applied if business decisions are made by officers while in a state of conflict of interest.

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May 13, 2019

Advertising Message or Informational Content? - How Israeli Courts Interpret the “Spam Law”

More and more people have begun filing claims on the grounds of violations of the “Spam Law.” Israeli courts, for their part, are conveying an encouraging message to consumers in their latest rulings: they are awarding significant compensation and are certifying class actions against advertising companies and also against officers.

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May 7, 2019

Dual-Listed Companies: Updated Information

The Israel Securities Authority has published a position paper summarizing updated information about the processes for listing and delisting dual-listed companies on the Tel Aviv Stock Exchange and additional stock exchanges abroad. The position paper provides information both to dual-listed companies and companies considering dual listing.

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May 7, 2019

Administrative Petition Filed Against Our Client Following Tender Win

Our firm is representing the Tel Aviv Taxi Organization in an administrative petition filed against after its win in the Tel Aviv cluster of a two-stage competitive process conducted by the Ministry of Transport. The organization is represented by Advs. Zohar Lande, Eyal Nachshon, and Adi Shoham of the Litigation Department.

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May 6, 2019

Redomiciling an Israeli Public Company to Delaware

On April 12, 2019, Arcturus Therapeutics Ltd., an Israeli public company traded on NASDAQ, published in the United States a prospectus and proxy statement (convening a general meeting of shareholders of the company). Publishing the prospectus is an advanced step toward completing an arrangement between the company and its shareholders.

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May 1, 2019

Israeli Court Issues Principled Ruling on Banks’ Conduct with Monies Originating from Digital Currencies

The Tel Aviv District Court issued a ruling recently on a case concerning a bank’s conduct with funds whose source is digital currencies. The court expressly ruled that the bank’s blanket ban on the opening of bank accounts by clients engaging in digital currency activity is unreasonable.

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