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Home · practice areas · Litigation · Latest Updates

Latest Updates / Litigation

December 13, 2018

Barnea Represented Azrieli Group in a Class Action Suit

Advs. Zohar Lande, Eyal Nachshon, and Omer Keydar of Barnea's Litigation Department represented Azrieli Group in a class action suit for not displaying a price per unit of measure for certain products on its e-commerce website. A settlement was reached in the suit.

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November 28, 2018

Barnea Represented a Chinese Company in Litigation Related to the Highway 16 Tender

Barnea is representing the Chinese infrastructure company PMEC in its request to disqualify the winning bid in the tender for Highway 16. The company is being represented by Advs. Zohar Lande, Eyal Nachshon, and Shachar Rothschild from the Litigation Department.

Article from Calcalist

Article from News1

November 27, 2018

Legislative Amendment Enables Filing Claims against Foreign Entities in Israel

A recently promulgated memorandum of law to amend judicial procedures proposes to add the possibility of filing claims against foreign entities in Israel for damage they caused in Israel as a result of acts or omissions performed outside of Israel.

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November 1, 2018

Transaction Brokerage

A Globes article about brokers in Israel mentioned that Barnea is representing Roni Mana in a lawsuit against Arena Group for the payment of brokerage fees.

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October 14, 2018

Officers’ Liability in “Spam” Lawsuits

It is not common knowledge that officers of companies who customarily disseminate advertising messages in a manner that constitutes a violation of the Israeli Anti-Spam Law are personally exposed to lawsuits, even to class actions at millions of shekels.

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October 7, 2018

Barnea Takes on Representation of TI Group Automotive Systems SRO

Our firm is representing the Czech company TI Group Automotive Systems SRO in a €4.5 million lawsuit against Raval ACS Ltd. The lawsuit stems from a valve failure that resulted in the recall and repair of 250 thousand Mercedes cars.

October 4, 2018

All You Need to Know about Receiving Brokerage Fees in a Transaction

Here are a few rules of thumb to make it easier for you to receive the brokerage fee payment and to make it harder for your clients to evade such payment.

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September 4, 2018

Activist Shareholders – The Israeli Challenge

Barnea and ACC hosted today a seminar on shareholder activism. Micky Barnea discussed activism in Israeli companies. Also presenting were Elchanan (Nani) Maoz from Everest Fund and Steve Wolosky from Olshan Frome Wolosky LLP.

July 19, 2018

Supreme Court Ruling: RGE Group to Operate Knesset Channel

The Supreme Court issued a ruling today rejecting the petitions of News 2 and Channel 20 against the decision to announce RGE as the winner of the Knesset channel tender. This paves the way for the operation of the Knesset channel by RGE as early as August 1, 2018. RGE was represented by Advs. Zohar Lande, Adi Shoham, Eyal Nachshon, and Omer Keydar of our firm's Litigation Department.

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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 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 22, 2018

Landmark Israeli Court Decision Halts Deal between Two US Companies

An Israeli court has ordered to halt an investment deal in Arcturus Therapeutics, pending clarification of the lawsuit filed by Joseph Payne, the company's founder, regarding the cancellation of his dismissal as CEO. This decision was made despite the fact that the company operates in the United States with American management. Joseph Payne is represented by Advs. Micky Barnea, Zohar Lande, Omer Keydar, and Ron Shuhatovich.

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May 2, 2018

Israeli Supreme Court Ruling: Property Buyer Required to Pay Betterment Tax if Seller Is Incapable Due to Insolvency Proceedings

According to a ruling handed down recently by the Israeli Supreme Court, when a real estate asset is sold before the seller enters bankruptcy proceedings, and the seller has not paid the betterment tax, the local council is not obligated to grant the buyer approval for registering the property under his name. Thus, the buyer will be required to pay the betterment tax.

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April 29, 2018

Precedent Set: ‘Business Judgment Rule’ Also Applies to a Board Resolution on Filing a Derivative Suit

The Israeli Supreme Court has set a precedent by ruling that the Business Judgment Rule should also be applied to a company’s board of directors when it is deciding whether or not to file a derivative suit.

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April 26, 2018

Dr. Zvi Gabbay Interviewed on ADR's petition to the District Court for Economic Affairs

Dr. Zvi Gabbay, Head of the Capital Market Department, was interviewed by TheMarker following a petition submitted by ADR through our firm to the District Court for Economic Affairs in respect of the Israel Securities Authority's decision requiring the company to publish a prospectus. ADR offers the public a unique investment channel - insurance policies of older American citizens.

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April 25, 2018

Hosting Taasiyeda Participants for Lecture on Startup Essentials

Our firm is hosting today the participants of Taasiyeda, an education program founded by the Manufacturers Association of Israel, for a seminar on founders' agreements, IP, and tax issues.

March 8, 2018

A Reform in Israel's Insolvency Laws

Recently, the Knesset has passed the Law of Insolvency and Economic Rehabilitation – which is aimed at updating the law on insolvency currently in effect in Israel. The Law will take effect in 18 months from now.

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January 2, 2018

First Steps for Startups: Ariella Dreyfuss to Lecture at the Bengis Center for Entrepreneurship & Innovation

Adv. Ariella Dreyfuss will lecture today at the Ben-Gurion University Innovation Program on the topics of founders' agreements, IP, and investment agreements.

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