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April 29, 2019

2019: The Rise of Femtech

In the past three years, an estimated $1 billion has been invested in women’s health technology, and according to Pitchbook, femtech raised $650 million in VC funding last year alone and $241 million so far this year. Still since just around 6% of all decision-makers at U.S. venture capital firms being female, it is not surprising that it is difficult to secure funding for women’s issues.

April 28, 2019

Israeli Authorities Taking Action to Lower Barriers in Urban Renewal Projects

In light of the complexity of urban renewal projects, and in order to promote further urban renewal, Israeli authorities have begun taking action to create mechanisms and implement changes to convince apartment owners and entrepreneurs that urban renewal projects are feasible and worthwhile.

April 28, 2019

TASE Promotes a Proposal for the Entry of Nostro Players as TASE Members

On April 7, 2019, the Tel Aviv Stock Exchange (TASE) published a proposed amendment to the Stock Exchange Regulations, whereby the barriers to the entry of new TASE members will be removed and for the first time Israeli entities will be allowed entry into the stock exchange even if they operate exclusively for nostro.

April 28, 2019

Negotiation Workshop for Modi'in City Council Members

Dr. Zvi Gabbay conducted a negotiation workshop today for members of the Modi'in City Council, as part of the Open University's directors' course.

April 23, 2019

Bar Refaeli to Pay Taxes on Millions Earned Abroad

Following the ruling that Bar Refaeli must pay NIS 16 million in income tax, Adv. Harel Perlmutter, the head of our tax team, was interviewed by a popular radio program on 103FM. The Central District Court in Lod rejected yesterday the supermodel's appeal, which was filed following an Israel Tax Authority order that she pay taxes in Israel on millions of dollars in income earned abroad. Refaeli claimed that during the relevant years she spent only six months in Israel, and as a foreign resident, she did not owe any money to the tax authorities. Harel Perlmutter explained the definition of a country of residence, as the trial revolved around the question of whether Refaeli was domiciled in Israel in 2009 and 2010. He also clarified the difference between the civil case and pending criminal charges.

April 18, 2019

Representing ArcusTeam in Pre-Seed Funding Round

Our firm represented the Israeli startup ArcusTeam, which developed an automated platform to identify both known and unknown security weaknesses in IoT devices, in a pre-seed round of $1.5 million. Among the startup's investors are TheDock Accelerator and TAU Ventures.

April 16, 2019

Companies Seeking to Provide Brokerage Services are Required to File a Permit Application by May 30, 2019

Applicants who submit a permit application on or before May 30, 2019, may continue to offer brokerage under the previous ISA regime until receiving a decision on their application.

April 16, 2019

Israel and Australia Signed a Double Tax Treaty

A double taxation treaty was signed between Israel and Australia in the end of March 2019, after years of prolonged negotiations, expectations, and wonder about the obstacles.

April 14, 2019

Lecture: Capital Markets Enforcement

Dr. Zvi Gabbay lectured today to Modi'in City Council members on capital markets enforcement and the role of boards of directors in formulating an internal enforcement plan. The lecture was part of the Open University's directors' course.

April 10, 2019

Hosting a Delegation from the Florida-Israel Business Accelerator

Our firm hosted today a delegation of investors and companies visiting Israel through the Florida Israel Business Accelerator (FIBA) for a networking event with industry leaders. Our firm works regularly with FIBA and advises the companies that take part in its program.

April 4, 2019

How should you Conduct Yourself When Building Defects are Discovered in the Apartment You Purchased?

Adv.  Alon Wolner from our Real Estate department was interviewed by Ynet and explained how to act legally when building defects are discovered in the apartment you purchased, and to which court it is customary to file claims.

April 3, 2019

Event: The Role of Boards of Directors in Maintaining Honesty

Our firm hosted today the Israel's Directors Union for a seminar on the prevention of bribery and corruption. Dr. Zvi Gabbay lectured on the duties of boards of directors in Israel, and Adv. Hadar Israeli presented the American perspective.

April 1, 2019

Lecture on Startup Funding at the IDC Legal Clinic

Adv. Yuval Lazi lectured today to students participating in the IDC Legal Clinic for Start-Ups on the subject of raising funds. We serve as mentors to the clinic's law students, who assist entrepreneurs from target communities. 

April 1, 2019

Saving Israel’s National Outline Plan 38 for Urban Renewal

The housing shortage in Israel and the issue of urban renewal are constantly on the public agenda. This past year, there have been many discussions about the actions that must be taken to initiate and carry out urban renewal projects.

March 27, 2019

Event Invite: Inside Information in Public Companies

We are holding a seminar on inside information following several recent Israel Securities Authority investigations of senior officials in public companies. The seminar will feature discussions on the use of inside information, how to carry out internal enforcement, and the legal implications of an open investigation of an officer and his company. The event is geared to CEOs, VPs, and CFOs of public companies.

March 26, 2019

Barnea Representing Knight Therapeutics in Minority Discrimination Lawsuit in Israel

Our firm is representing Knight Therapeutics, a Canadian public company that holds 28% of Israeli pharmaceutical company Medison's shares, in a lawsuit alleging the deprivation of its rights as a minority shareholder in Medison. The company is represented by Advs. Zohar Lande, Eyal Nachshon, and Omer Keydar of our Litigation Department.

March 25, 2019

Scope of Land Supervisor's Powers

A judgment by the Supreme Court recently established the scope of instructions the Land Supervisor is authorized to issue in regard to the common property of a condominium defined as a "complex building."

March 21, 2019

ISA Makes First-Time Decision on How Cryptocurrency Asset Offerings Will Be Regulated

The committee appointed by the Israel Securities Authority (ISA) to examine regulation of cryptocurrency offerings to the public has published the outline of its regulatory policy in a final report submitted to the ISA chairman. The committee recommended focusing on regulatory models that offer structural flexibility.

March 21, 2019

Crowdfunding – The New World of Investments in Israel and in the United States

The crowdfunding model enables the general public investment opportunities that were previously reserved only for sophisticated or institutional investors. In this article we examine the Israeli and American models and why the Israeli legislators should find ways to make the crowdfunding channel more attractive, for both investors and companies seeking funding.

March 20, 2019

Barnea Represented Danel Ltd. in the Acquisition of Levinger Group

Our firm represented Danel Ltd. in a deal to acquire 51% of Levinger Group. This marks a strategic move by Danel to expand into the private health field.