Latest Updates

June 13, 2018

Broker Sues for NIS 50 million over British and Melisron Merger

Advs. Zohar Lande, Eyal Nachshon, and Omer Keydar from our Litigation Department are representing businessman Eyal Shamir in a lawsuit against British Israel Investments owned by Melisron Ltd. Shamir alleges he was not paid a brokerage fee for the merger between the two companies.

Article from Calcalist 12/06

Article from Calcalist 28/02

Article from The Marker 28/02

June 13, 2018

Reform in the Electricity Sector and in the Israel Electric Corporation

On June 2018, the Israeli government adopted decision no. 3859, entitled “The Reform in the Electricity Sector and Structural Change in the Israel Electric Corporation.” This decision constitutes a milestone in the long history of the IEC, which was incorporated in 1923.

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June 12, 2018

Legal ABCs for the Early-Stage Entrepreneur

Yuval Lazi will lecture today to MBA students at the Ben-Gurion University Innovation Program on the topics of founders' agreements, IP, and investment agreements.

June 11, 2018

Micky Barnea Attends Association of Corporate Counsel (ACC) Annual Event

Israel’s top legal experts and in-house counsels participated in the ACC Israel Annual Summit: "The Challenging Role of In-House Counsels in Israel.” At the event, Micky Barnea took part in the panel discussion on the relationship between corporate counsel and external legal advisors.

June 11, 2018

Barnea Represented Investor in Israeli Cybersecurity Company Claroty

Barnea advised an investor in relation to a $60 million investment in cybersecurity company Claroty. The company specializes in cybersecurity for industrial control networks.

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June 10, 2018

Israeli Non-profit Organizations (‘Amutot’), Public Benefit Companies and Everything in Between

New article by Advs. Asaf Shalev and Daniel Kleinman on founding an Israeli non-profit organization (of the type included in the third sector).

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June 7, 2018

Dr. Zvi Gabbay Lectures at IHFA's Sixth Annual Tel Aviv Conference

Dr. Zvi Gabbay lectured today at the Israel Hedge Funds Association's Sixth Annual Tel Aviv Conference. The goal of the event is to connect local industry with overseas peers, bringing together professional experts, manages, and investors. Zvi discussed how fund managers can benefit from their relationship with the exchange.

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June 6, 2018

Israel Chapter in 2018 Anti-Money Laundering Legal Guide

Dr. Zvi Gabbay and Adv. David Gilinsky of the firm's Capital Markets Department contributed to the Israel chapter of the 2018 edition of The International Comparative Legal Guide to Anti-Money Laundering. The chapter discusses issues of enforcement and regulation to prevent money laundering in Israel.

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June 6, 2018

Control of Financial Asset Services – Update

Moments before the new supervisory regime over financial asset service providers came into effect on June 1, 2018, the Minister of Finance signed an order postponing the effective date until the earlier of the following: October 1, 2018, or the issue date of the Prohibition on Money Laundering Order that addresses financial asset service providers.

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June 5, 2018

Justice Ministry Seeks to Empower Registrar to Strike Companies from Companies Register

The Ministry of Justice recently published a new memorandum regarding an amendment to the Companies Law. This amendment seeks to authorize the Registrar of Companies to administratively strike off a company from the Companies Register.

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June 4, 2018

Israeli Court Scrutiny Over Decisions of a Board of an Israeli NASDAQ Traded Company in a Proxy Fight

Recently, a four month proxy fight over control of an Israeli incorporated NASDAQ traded company was settled, following a series of proceedings held before the Tel Aviv District Court. At a crucial juncture, the Tel Aviv Court was asked to issue a temporary injunction over a transaction initiated by the board, which included a highly dilutive (24.9%) issuance of shares.

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June 3, 2018

RGE Wins Tender for Operation of Knesset Channel

The Cable and Satellite Council awarded RGE Group's proposal with the tender to operate the Knesset Channel for the next 10 years. RGE is represented by Advs. Zohar Lande, Adi Shoham, Eyal Nachshon, and Omer Keydar of our firm's Litigation Department.

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May 31, 2018

Financial Services Law Postponed

Adv. Anat Even-Chen gave several media interviews (in Heb) following the Knesset Finance Committee's decision to postpone the entry into force of the Financial Services Law. This law was supposed to regulate the trading of digital currencies for the first time.

Article from The Marker

Financial radio program (starting min' 10:50)

May 31, 2018

Yuval Lazi Lectures at Hutchison Kinrot

Adv. Yuval Lazi is lecturing today for entrepreneurs at Hutchison Kinrot, a global leader seed investor in water and cleantech-related technologies.

May 30, 2018

How to Protect Your Trade Secrets

Barnea and Bird and Bird are hosting today a seminar on the protection of trade secrets from the Israeli and European perspectives. We will discuss the confidentiality and non-compete clauses in employment agreements.

May 30, 2018

Israel Proposes Personal Stock Investment Accounts with Tax Perks

Dr. Zvi Gabbay was interviewed by Bloomberg BNA regarding a new bill, according to which anyone who sells his apartment is entitled to open a special investment account that will benefit from deferring payment of tax on capital gains.

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May 28, 2018

GDPR – Why Should We Care about It?

The EUs General Data Protection Regulation is designed to help individuals better control their personal data. As this regulation applies also to those that offer products or services in the EU, major websites have begun updating their privacy policies to comply. Doing so is important for a number of reasons.

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May 27, 2018

Updating Privacy Policy for GDPR Compliance

Our Head of the firm's Internet Department, was interviewed by Mamon, Yediot Ahronot's financial supplement, about the introduction of the new EU General Data Protection Regulation (GDPR).

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May 27, 2018

Barnea Representing Yad Hanna in Agreement to Lease and Construct Logistics Center for Diplomat

Our firm is representing Yad Hanna in a long-term lease agreement of 30 dunams in its industrial zone for the construction of Diplomat's new logistics center. The construction is valued at NIS 230 million.

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May 24, 2018

Dr. Zvi Gabbay Attends iFX Expo International Conference

Dr. Zvi Gabbay is attending today the iFX Expo International Conference. Zvi will participate in the panel on regulation, discussing MIFID II, ESMA restrictions, and the blockchain and cryptocurrency revolution.

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