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July 27, 2020
COVID-19's Effect on Completing Transactions
Many steps go into completing MA transactions. Now, with the COVID-19 outbreak, companies are taking this time to modify and sometimes even cancel transactions. What is behind the delay in completing transactions, and on whom to take the risk? Globes interviewed MA expert Micky Barnea on the subject.
July 22, 2020
Webinar: How to Make a Difference
The Tel Aviv University Entrepreneurship Center begins today its series of summer lectures. "Summer Entrepreneurship" is a weekly program that invites four experts to talk about various topics related to entrepreneurship. The opening webinar today will host four experts in the high-tech field in Israel, including Micky Barnea. Micky will discuss the entrepreneurial relationship and why it is critical to a venture's success.
July 20, 2020
Returning Residents: Welcome Back to Israel?
Each year, many returning residents arrive in Israel. Following the COVID-19 outbreak, the number of people seeking to return to Israel has increased even further. The process of returning to Israel is not simple, and returning residents face enormous difficulties as part of it. A Ynet article on the subject featured an interview with Harel Perlmutter, a partner and the head of the firm’s Tax Department. Harel explained: “Those who return to Israel after less than six years abroad have almost no tax benefits.” He added that “there is a great confusion about the rights and benefits returning residents are eligible to from the National Insurance Institute. Over the years, the benefits for returning returns have been cut back, and this has kept people away from the country.”
July 19, 2020
NIS 600 Million Financial Closure at Etgal Power Plant
We represented a group of institutional lenders, including Psagot and Amitim, in a deal to finance Shikun Binui Group's construction and operation of a power plant in Ashdod, for approx. NIS 600 million. Amitim and Psagot were represented by Advs. Simon Jaffa, Samuel Henri Samuel, and Rotem Orbach.  
July 16, 2020
COVID-19 Cross-Border Briefing: Updates
Our firm was chosen to provide the Israel section of a briefing on governmental measures taken during COVID-19 in key jurisdictions. The publication offers a general summary of the law and is aimed to assist businesses through these ever changing times.
July 12, 2020
Dividend Distribution in Times of Covid-19
The recent dividend distribution by TASE-traded company Fox-Wizel Ltd. after receiving emergency funding from the Israeli government not only raised moral questions but also underscored the complexity facing many companies at this time. Globes published an op-ed by Micky Barnea in response to the backlash following the company's actions. Micky noted that a key challenge faced by companies is how to balance between dealing with the difficulties and uncertainties of the COVID-19 era, on the one hand, and the desire and responsibility to continue operations as commercial enterprises, on the other.
July 10, 2020
Roundtable Article of Urban Renewal Experts
In the weekend edition of Yedioth Ahronoth, urban renewal experts gathered to discuss burning questions in the field. Adv. Eldar Adato, partner and head of the firm's Real Estate Department, explains what alternative housing is and when a tenant is entitled to it. He also discusses project delays.
July 5, 2020
A Solution for Infrastructure Project Delays Is Also Needed
At the end of June, the Ministry of Construction and Housing announced that due to the coronavirus crisis the time in which a contractor can delay delivering an apartment without being sanctioned will increase to 100 days. Shai Avnieli, a partner in our Infrastructure Department, published an opinion article in Globes on the subject. He commented: "This decision, which stems from a desire to solve this complex issue, is indeed welcome. However, although this decision has a significant impact on the construction market in Israel, it does not fix the issues of the construction market as a whole, particularly not the infrastructure sector."
July 1, 2020
What to Do When a Tenant Stops Paying Rent
"Exposure", a leading Israeli investigative TV show, was dedicated Monday to lessees that lease prestigious property assets but then stop paying rent and refuse to vacate. The program featured interviews with the prominent Refaeli family, who were victims to a lessee they claim did not pay rent. After the show, host Haim Etgar interviewed Liat Keisary, a partner from our firm who works closely with HNW clients that lease out their properties. Liat clarified what to look for before leasing out a property, what to do if a tenant refuses to pay rent, and how to avoid such
July 1, 2020
Lawsuit Filed against Moshe Hogeg Alleges Fraud in Stox Fund Raising
Our firm is representing a Canadian citizen in a NIS 5 million lawsuit against Moshe Hogeg, a well-known Israeli entrepreneur in the crypto field. Our client claims the funds raised by Hogeg’s company Stox were used by the defendants for their own personal purposes, and that the defendants violated their obligations to investors.
June 24, 2020
How Trump's Work Visa Freeze Will Affect Israeli High-Tech
US President Donald Trump suspended on Monday the entry of certain foreign workers until the end of the year. Adv. Netta Bromberg, the head of our employment team, was interviewed by Calcalist about this latest development. She commented: "This decision is a long-term violation of the globalization process as we have known it in recent decades. Israeli startups looking to expand in the US will need to search for local workers and to recalculate what their business models should be.”
June 23, 2020
Companies' Collection of Personal Data – an Interview with Anat Even-Chen
Globes has published a comprehensive article on technology solutions relating to the relationship between property lenders and tenants. Anat was interviewed as part of the article about the privacy of such platforms' users. Anat cited Airbnb's case as an example. The company finally agreed, after years of discussions, to hand over host data to New York City. Anat stressed that private individuals should be aware that their information can be collected and that data collection is much easier now than ever before.  
June 22, 2020
Barnea Represented Cyberx Shareholder in Microsoft Acquisition
We represented Inven Capital, a Czech-based VC fund and a shareholder in Cyberx Israel, an Israeli IoT ICS cybersecurity startup, in Cyberx's sale to Microsoft for USD 165 million. CyberX has gained tremendous customer growth, with a number of leading companies using its IoT security platform to protect their web facilities. Cyberx has raised about USD 48 million since its inception in 2013. This is Microsoft’s eighth acquisition in Israel in the last decade.
June 17, 2020
HR Considerations When a Foreign Company Wishes to Work in Japan
Adv. Netta Bromberg, the head of our Employment Department, will be a panelist on a webinar about HR considerations for employing workers in Japan. The webinar will be held by the Israel-Japan Chamber of Commerce together with GoGlobal Ltd. It is geared for Israeli companies considering opening activity in Japan or that have already done so and are considering relocating Israeli employees to the Japanese branch.
June 14, 2020
Israel and the US: Encouraging Corporations to Investigate Potential Misconduct on Their Own
Columbia Law School's Blue Sky blog published an article co-written by Joseph Facciponti and James Goldfarb of the New York law firm Murphy McGonigle and Hadar Israeli and Eran Elharar of Barnea. The article provides a comparative view of Israel and the US on corporate internal investigations.
June 14, 2020
All the Tax Considerations Returning Residents Need to Know
Adv. Harel Perlmutter will lecture on a webinar held by Toshav Chozer NPO. The webinar is focused on the tax considerations returning residents to Israel should be familiar with. The decision to return to Israel, normally a very complicated one, has taken on new meaning with the impact of the coronavirus. Harel will discuss all tax rights.
June 8, 2020
CardiacSense Signs USD 32M Deal to Sell Watches in India
Our firm serves as counsel for Cardiac Sense, a startup that developed a medical watch for remote patient vital signs monitoring and detection of fever and chronic diseases. We represent the startup in all legal matters. Recently, we assisted the company in an over USD 30 million agreement to supply medical watches for use in hospitals in India.
June 7, 2020
Advising on an Administrative Appeal to Cancel Land Grant
Last April, the Maxima company, controlled by billionaire George Horesh, received a 34-acre plot in Ashdod from the Israel Land Authority, without there being a tender process. Three private landowners holding factories near this area petitioned via our office for the Land Authority's decision to allocate the plot without a tender be cancelled. Zohar Lande, Gal Livshits, Adi Shoham, and Dana Filber represented the clients.
June 3, 2020
Israel's Infrastructure Boom
Israel is undertaking a massive transformation to modernize its infrastructure, with a series of projects in transport, energy, and defense. British magazine The Lawyer interviewed Shai Avnieli, an expert in the infrastructure area, on the subject. In his comments, Shai noted that providing legal advice for complex projects is not something just any lawyer can do. "This practice area is not some buzzword that lawyers can quickly adapt to and it is certainly impossible to quickly become adept in this field," he stressed.
May 27, 2020
Every Crisis Is an Opportunity – Webinar
On June 2, we will host a webinar together with the ACC. Dr. Zvi Gabbay will discuss the opportunity to upgrade the role of compliance officer in light of the coronavirus crisis. The webinar is geared for compliance officers and legal counsels.
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