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March 22, 2020
Israel: Engaging Employees on Overtime at an Unusual Scope
On March 18, 2020, the Israeli Ministry of Labor, Social Affairs and Social Services published new regulations permitting employers to engage overtime workers at a larger scope, significantly in excess of what has been permissible to date.
March 15, 2020
Israel’s Privacy Protections and Data Security Recommendations for Telecommuting due to Coronavirus Spread
The Israeli National Cyber Security Authority published recommendations for business and organizations related to privacy protections and data security for telecommuting due to coronavirus spread.
December 16, 2019
David Appel's Lawsuit against Michael Cherney and Zeev Rom Dismissed
The Tel Aviv District Court dismissed a NIS 239 million claim filed by David Appel against Michael Cherney and our client Zeev Rom on statute-of-limitation grounds and fined him attorneys' fees. Zeev Rom was represented by Advs. Zohar Lande and Moran Bickel from our Litigation Department.
November 24, 2019
Google Permits Sports Betting Advertisements
Earlier this year, Google updated its Google Ads policy on gambling and games and announced that, as part of a limited beta launch, state-licensed gambling advertisers would be permitted to promote sports betting content within the US states New Jersey, Nevada, and West Virginia.
November 7, 2019
Israel State Attorney’s Policy on Indicting and Sanctioning Corporations
In October 2019, the Israel State Attorney published a new guideline on its office’s policy when considering the prosecution of a corporation, as well as on how it should determine its position on the manner of punishing corporations.
November 7, 2019
Assuring Apartment Purchasers' Money
Israeli's Ministry of Construction and Housing recently imposed a NIS 6.5 million financial sanction on the developer of a TAMA 38 project in Kiryat Bialik. The developer was fined after failing to produce a guarantee to purchasers of apartments in the project for funds they had paid toward the unit price, as required by the Assurance of Investments Law.
November 6, 2019
Lawsuit against Liquidating Company of Bank of North America
Our firm is representing private clients in a lawsuit against the liquidating company of the Bank of North America (disbanded in 1985), as well as against the administrator general and official receiver. The lawsuit concerns trust funds deposited in the bank by the deceased father of the family. The clients are represented by Advs. Zohar Lande and Shachar Rothschild of our Litigation Department.
October 16, 2019
Representing German Fund Mercura in Investment in Israeli Startup 3DSignals
Our firm represented the German fund Mercura in its investment in 3DSignals. This Israeli startup enables the monitoring of production floor performance. The investment follows the company's rapid growth in the German market.
August 15, 2019
Maurice Haliwa Increases Claim against Jacky Ben-Zaken and Avraam Nanikashvili
Our firm continues to represent Maurice Haliwa, a shareholder in Manor A.D. Construction Investments Ltd., in a lawsuit against Jacky Ben-Zaken and Avraam Nanikashvili. Haliwa recently increased the amount of the original lawsuit from NIS 18 million to NIS 100 million. Advs. Zohar Lande and Yatir Madar represent the client.
August 13, 2019
Barnea Represented ISS Global in the Disposition of Its Holdings in Israel
Our firm represented the Danish catering and cleaning services company ISS Global in the disposition of all its holdings in Israel. ISS was advised by Advs. Simon Jaffa, Yuval Lazi, Danny Boguslavsky, and Chen Nadir.
July 28, 2019
Barnea Representing Eva Fashion in Dispute with Ilan Bioculture
Our firm is representing Eva Fashion in a dispute with Ilan Bioculture, a cannabis plants company that is seeking to cancel an investment agreement signed with Eva Fashion. 
July 21, 2019
Barnea Representing Neng Yang in Acquisition of ADT
Our firm is representing the Chinese investment fund Neng Yang in its acquisition of Advanced Dicing Technologies Ltd. (ADT). ADT is an Israel-based electronics dicing equipment company. The acquisition amount is USD 35 million.
July 14, 2019
Barnea Represented Bridgepoint in the Acquisition of Qualitest
Our firm represented the private equity group Bridgepoint in the acquisition of control in the Israeli software testing company Qualitest from Marlin Equity Partners for approx. USD 420 million.
July 9, 2019
A Win for Zeev Rom: Gad Zeevi to Pay Another USD 1.5 Million in Brokerage Fees
Following a Supreme Court hearing, Gad Zeevi and Zeev Rom decided to withdraw their mutual appeals and to keep the District Court ruling ordering Zeevi to pay Rom USD 1.5 million in connection with the financing transaction for the purchase of Bezeq shares in 2000. Rom was represented by Advs. Zohar Lande and Moran Bickel of the firm's Litigation Department.
July 3, 2019
Ministry of Defense Seminar on P.F.I Projects
Inon Yogev, a partner in our Infrastructure and Project Finance Department, lectured today as part of a seminar on the establishment of P.F.I projects in the defense sector. In attendance were senior officials from the Ministry of Defense and the IDF.
June 18, 2019
Barnea Represented Axcel in the Acquisition of Phase One
Our firm represented Axcel in the acquisition of Phase One from Silverfleet Capital. Axcel is a leading Nordic private equity firm focusing on mid-market companies. It has a broad base of both Nordic and international investors.
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.
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.
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.
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.
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.
February 21, 2019
Barnea Represented Exclusive Networks in Securewave Acquisition
Our firm represented Exclusive Networks in its acquisition of 70% of the shares of Israeli company Securewave Ltd, one of Israel’s leading independent cybersecurity VADs.
February 13, 2019
Tips before Signing a Lease Agreement for an Apartment

Since an apartment lease can contain several pitfalls, here are some important issues you should check in order to ensure you begin your lease on the right foot.

January 31, 2019
Barnea Represented Eldav Investments in Dispute with Fellow i-Jump Shareholders
Our firm represented Eldav Investments, a shareholder in i-Jump, in a dispute with the network's other shareholders.
January 22, 2019
Event Invite: The Legal Advisor's Role When Dealing with a Company in Crisis
Together with the Association of Corporate Counsels, we are holding on February 6th a seminar on the legal advisor's role when a company is in crisis. The seminar will feature a simulation of a multi-crisis event, with participants focusing on managing the crisis opposite regulators, media, business partners, and employees.
January 13, 2019
Doing Business in Israel – Practical Law
Barnea's QA guide to doing business in Israel was published on the Practical Law website. The guide provides an overview of recent key developments that have affected doing business in Israel, including the legal system, foreign investment, regulation, employment, taxation, and IP.
December 27, 2018
Charges against Our Client in Utrade Case Dropped
Dr. Zvi Gabbay, Adv. Moran Bickel, and Adv. Sapir Malul represented Rafi Bar-Lev in a hearing before the Tel Aviv District Attorney's Office. The DA's Office was considering filing an indictment against Bar-Lev for fraudulent receipt, but instead chose to close the case against him.
December 19, 2018
INGL to Pay NIS 370 Million for the Construction of an Offshore Dry Gas Pipeline
Our firm represented INGL during the negotiation and conclusion of an MoU for the construction by Energean of an offshore dry gas pipeline from the Karish and Tanin fields to the Israeli shore. The pipeline is expected to be transferred to INGL in the beginning of 2021.
December 16, 2018
Doctor, Can I Get a Prescription for Blockchain?

While still widely identified with digital currencies, blockchain technology is also beginning to revolutionize the healthcare industry. See how pharma companies and medical institutions have begun to rely on this technology to resolve problems faster and more efficiently.

December 4, 2018
2/20 Vision – Are We Over the Hedge?

The presence of over 100 domestic hedge funds showcases the recent considerable growth of the industry in Israel. Here’s why hedge funds have become so popular.

December 4, 2018
US Court Allows Company to Cancel a Transaction Based on “Material Adverse Effect” Clause in Agreement
The Delaware Court of Chancery issued a precedent recently, whereby an acquisition agreement may be cancelled due to the occurrence of a “Material Adverse Effect” (MAE) in the acquired entity.
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.
November 20, 2018
Barnea represented Senetas Corporation Ltd.
Our firm represented Senetas Corporation in a USD 8 million investment in the Israeli cyber company Votiro Cybersec Global Limited
October 31, 2018
Defending against Sexual Harassment in the Workplace
Barnea and SPB hosted a seminar today on the issue of sexual harassment in the workplace. Adv. Marie Tsion, the head of our Employment Department, provided an overview of the key legal aspects in Israel.
October 25, 2018
New Court Ruling Prohibits Short-Term Apartment Rentals
The Supervisor of Land Registration at the Ministry of Justice accepted a lawsuit filed by the housing committee of a condominium building in Tel Aviv and forbade one of the apartment owners from using his apartment for short-terms rentals (Airbnb, Booking).
October 25, 2018
Q&A on the Right of Workers to Unionize
Adv. Marie Tsion answers a series of questions from Mako about the right of workers to unionize in the workplace.
October 16, 2018
October 2018 News Flash – Employment Law
This news flash features information on the statutory day of rest during upcoming general elections for local authorities and regional councils in Israel and an update on the new amendment to the Prevention of Sexual Harassment Regulations.
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 3, 2018
Event Invite: Defending Against Sexual Harassment at the Workplace in the UK, USA and Israel
Join Barnea and Squire Patton Boggs for a free training session on the issue of defending against sexual harassment in the workplace and receive an overview of the key legal and practical issues in the UK, the US and Israel.
September 17, 2018
Hiring Employees Who Work from Home
Adv. Marie Tsion is featured in Mamon, Yedioth Ahronoth's financial supplement, on how to determine a policy for the scope of working from home.
September 6, 2018
What to Know before Signing a Contractor's Purchase Application

In most projects, the marketers/contractors/developers customarily require potential apartment buyers to sign a purchase application/proposal form. Read through these five points before signing.

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.
September 2, 2018
Employer Dos and Don'ts When Workers Form a Union
Adv. Marie Tsion was interviewed by the radio station Kol Israel Reshet Bet on how an organization should conduct itself when workers want to form a union (starting at 35:30).
September 2, 2018
Barnea Represented Visual Estate in Its Recent Round of Financing
Our firm represented the Israeli startup Visual Estate in its recent round of financing by private investors. Visual Estate is an SaaS platform that allows you to turn any floor plan into a fully immersive VR experience.
August 29, 2018
New Privacy Protection Laws in Brazil and India
Both Brazil and India have recently passed new privacy protection laws. These laws may also apply to Israeli companies doing business in the countries.
August 12, 2018
Bank of Israel Encourages New Digital Banks
In June 2018, the Bank of Israel published a new policy for authorizing small and digital banks. The Banking Supervisor announced that new banks can have initial regulatory capital of NIS 50 million - a substantial reduction of the levels previously required.
August 12, 2018
Event Invite: Activist Shareholders – The Israeli Challenge
Join Barnea and ACC for a seminar on shareholder activism. During the seminar we will examine activism in Israeli companies and the courtroom, while comparing the American and Israeli markets.
August 6, 2018
The New Reform in the Field of Privacy Protection and Information Security - the Day After and the Future …

Israel’s new Privacy Protection (Information Security) Regulations came into effect this past May. These regulations constitute a significant reform and turning point in the field of personal information security in Israel and in protecting the privacy of Israeli citizens.

August 5, 2018
Obligation to Disclose Post-Sale Delivery and Service Policies
Adv. Asaf Shalev was interviewed by TheMarker regarding the Consumer Protection Authority's new directive, according to which companies and business owners who operate a store or a website will be required to specify in a prominent and visible location which areas they refuse to provide their services to.    
July 25, 2018
Launch of Electricity Authority Reform
At the end of last week, the Israeli Knesset approved a historic reform to the electricity sector. The selling process of the first power plant, Alon Tavor, is expected to begin within a few months.
July 15, 2018
Marie Delivered Lecture to Israeli Society for Human Resource Management
Adv. Marie Tsion lectured today on the legal aspects of the offshore process for Israeli companies at a meetup of the Israeli Society for Human Resource Management.
July 10, 2018
Updates on Consumer Protection Laws
Several new consumer protection updates: the obligation to disclose post-sale delivery and service policies, the expansion of provisions regarding the scheduling of providing services at consumers’ homes, and relief in the obligation to mark apparel products.
July 5, 2018
Israel Supreme Court Precedent Allows Social Network Users to Sue in Israel
Israel's Supreme Court has handed down a precedent ruling whereby a legal dispute between a social network and its Israeli users will be adjudicated in the court in Israel, notwithstanding the fact that the social network's terms of use contain a jurisdiction stipulation vesting sole jurisdiction to the court in California.
July 5, 2018
Significant News for Third-Sector Organizations (NPOs) - Direct Saving of Millions Following a Dramatic Reduction in the Regulatory and Bureaucratic Burden
Recently, after a considerable number of meetings and discussions were held between representatives of third-sector organizations and representatives of a number of authorities, led by the Prime Minister’s Office, the inter-ministerial committee tasked with easing the regulatory burden on Amutot and PBCs published a report of its conclusions.
July 5, 2018
Workshop on Managing Israeli Subsidiaries of Multinational Corporations
Barnea hosted today, together with the Ministry of Economy, a workshop on the corporate and labor laws relevant to officers of Israeli subsidiaries of multinational companies.
July 1, 2018
Asset-Backed Digital Currencies: Advantages and Challenges

The race to develop a new, unique and reliable digital currency with low volatility has prompted entrepreneurs to scale the link of blockchain technology and mainstream investments, thus creating a new wave of cryptocurrencies backed by commodities or assets.

June 21, 2018
PropTech – Transformation of the Real Estate Market

Major, long-established players in the real estate market have joined forces with young companies and entrepreneurs with the objective of resolving the many challenges inherent in the field of real estate transactions.

 

June 14, 2018
Marie Tsion Lectured to HR Managers of Hi-Tech Companies and Startups
Adv. Marie Tsion, Head of our Employment Department, lectured today, as part of a professional training course for HR professionals, on various labor law issues relating to hi-tech companies and startups.
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”).

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.
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.
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. Adv. Marie Tsion will discuss the confidentiality and non-compete clauses in employment agreements.
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.
May 15, 2018
District Court Orders Bank Hapoalim to Accept a Deposit of Proceeds from Sale of Digital Currencies into Client’s Account
This month, an Israeli district court deliberated a motion for an interlocutory order against Bank Hapoalim. The order would obligate the bank to accept the transfer into a customer's account of money that constituted proceeds from a sale of digital coins transacted outside of Israel.
May 14, 2018
Ethemba Capital Selling Control in Avgol to Indorama Ventures
Our firm is representing British private equity firm Ethemba Capital in its sale of control in Israeli company Avgol Nonwoven Industries Ltd. to Indorama Ventures Spain S.L., a chemical manufacturer whose shares are traded on the Thai stock exchange. The price of the sale is valued at NIS 1.7 billion.
May 13, 2018
Check-Cap Ltd. Completes Public Offering on NASDAQ
Barnea represented the US underwriter H.C. Wainwright Co., LLC in the public offering transaction issued by Check-Cap Ltd. via a prospectus on NASDAQ. Check-Cap Ltd. raised $20.2 million in gross proceeds, including in the exercise of an overallotment option, in shares and warrants. Check-Cap Ltd., an Israeli clinical-stage medical diagnostics company, is developing C-Scan®, a capsule-based system for preparation-free colorectal cancer screening.
May 9, 2018
Barnea Represented ADM Capital in Investment in Israeli Startup Rootility
Barnea represented ADM Capital, a UK-based investment fund, in an investment round in the Israeli plant-breeding startup Rootility.
May 8, 2018
Israel's Privacy Protection Regulations
Adv. Asaf Shalev was interviewed by Mamon, Yediot Ahronot's financial supplement, about the new privacy and information security regulation coming into force in Israel today. This regulation sets a new standard for the protection of personal information in databases.
May 7, 2018
IFF to Buy Israel's Frutarom
Our firm represented International Flavors Fragrances Inc. (IFF) in its acquisition of Frutarom, the Israeli flavors and ingredients maker, for USD 7.1 billion.
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.
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.
April 18, 2018
Barnea Represented Greenyard Fresh in Acquisition of Mor International
Our firm represented Greenyard Fresh, a global market leader of fresh, frozen, and prepared fruits and vegetables, in the acquisition of 49% of Mor International.
April 16, 2018
April 2018 News Flash – Employment Law
New amendments to the Hours of Work and Rest Law regarding night work and the general permit to engage employees in overtime work.
March 27, 2018
Barnea Represented Cellebrite in the Sale of the Mobilogy Division to a US Fund
Our firm represented Cellebrite in the sale of the Mobilogy Division to the American ESW Capital Fund. The Mobilogy division, which operates as a separate brand, offers technological solutions for operators, retailers and aftermarket  that enhance the customer experience in-store beyond.
March 21, 2018
Extension Order Shortens Work Week
The Israeli Minister of Labor, Haim Katz, has signed lately an extension order shortening the work week in Israel. According to the extension order, the work week will be shortened from 43 hours to 42 hours, without any reduction of pay.
March 18, 2018
Knesset Allows IPO Expenses to Be Deducted from Corporate Earnings
Recently, after initial approval by the Finance Committee, the Knesset has passed a temporary order to the Income Tax Law with regards to deduction of issue expenses. According to the law, the expenses related to issuing the shares of companies and partnership participation units on the Tel Aviv Stock Exchange (TASE) will now be recognized as expenses for tax purposes. 
March 12, 2018
Marie Tsion Offers Tips to Law Students Preparing for Internship Interviews
Adv. Marie Tsion, Head of our firm's Employment Department and the point person for interns, shares a few insights on how to have a successful interview.
March 4, 2018
Considering Dismissing an Employee? Five Rules of Thumb to Keep You from Running into Trouble

You have decided to dismiss an employee. Here are five rules of thumb for conducting a hearing proceeding. These are designed to help you through the process, as well as to minimize the risks of lawsuits and employee demands for monetary compensation on the basis of unlawful dismissal.

February 21, 2018
Crypto Predictions for 2018

2017 was a significant year for the blockchain industry in general and for cryptocurrencies in particular. 2018 is expected to be an equally interesting year for the cryptocurrencies industry, as new trends take shape and regulation becomes even more refined. Check out some of our digital currencies predictions for the year.

February 18, 2018
Terminating an Ongoing Transaction Puts an End to Advertisements
On February 2018, the Knesset passed Amendment 66 to the Communications Law. The legislative amendment, colloquially known as "the Spam Law", prescribes that when an ongoing transaction is terminated, a dealer will be prevented from continuing to send advertisements to the former customer, even without the consumer being required to send notice that he is opting out.
February 11, 2018
February 2018 News Flash – Employment Law
New updates regarding safety violations in corporations and change in the retirement age for a person whose child has died.
February 11, 2018
Smart City – Israel's Innovative Technologies

The future is here and Israel’s innovative Smart City technologies are creating a pathway for the nation as well as the world. Central to this crucial development is a remarkable collaboration between the private sector and the government.

February 4, 2018
Employers, Do You Have a Central Severance Pay Fund? You Should Read This
In 2017, the Israel Tax Authority published a circular addressing the use of accumulated balances in central severance pay funds, and many employers began liquidating these severance pay funds. It is important to note that the liquidation of a central severance pay fund also has implications on labor relations with your employees.
January 29, 2018
TheMarker Op-Ed: How to Enjoy Blockchain Innovation
Adv. Daniel Israeli, a member of Barnea's Capital Markets Department, wrote an op-ed piece for TheMarker on the need to create an appropriate regulatory framework for the issuance of digital currencies.
January 24, 2018
State Comptroller’s Report on the Financing of Political Parties
The State Comptroller, Judge Joseph Shapira (retired), published an audit report on the financing of political parties in relation to parliamentary parties in the 20th Knesset for the period from April 2015 until year-end 2016.
January 23, 2018
Seminar on Data Protection and Privacy for the Israeli Directors' Union
Our firm is hosting the Israeli Directors' Union today for a seminar on data protection and privacy. During it we will discuss the new European privacy regulations (GDPR) and directors' exposure in the age of privacy.
January 21, 2018
Legal Documents Every Startup Needs

Following its incorporation, every startup company needs a variety of essential legal documents in order to launch its vision and conduct its business. This includes: founders’ agreement, non-disclosure agreement, terms and conditions, employee stock option plan and business plan.

January 16, 2018
Increasing Competition and Reducing Inequality between Israeli and Foreign E-Commerce Websites
Online shopping websites not owned by Israelis, or whose owners have no registered representation in Israel (even if the website is offered in Hebrew), tend to enjoy a significant advantage over Israeli-owned websites. Namely, these foreign-owned websites operate according to the perception that they are not subject to the provisions of the Israeli Consumer Protection Law.
January 8, 2018
Marie Tsion to Lecture on Legal Issues in the Recruiting Process
Adv. Marie Tsion, Head of our Employment Department, is participating today in a training program held by the People Management Association. She will lecture on legal issues in the recruiting process.
December 27, 2017
French Culinary Brand Fauchon Brought to Court
Roni Lish, the minority shareholder in the franchise company of the French culinary brand Fauchon, is suing his partner in the franchise. Roni claims his partner acted to reduce the value of the company in order to control it and to remove him from the company. Roni Lish is represented by Advs. Zohar Lande and Gilli Cohen-Arazi of our firm's Litigation Department.
December 26, 2017
High Court of Justice Suspends Re-Examination of RGE's Proposal for Knesset Channel Tender
The High Court of Justice ruled in a temporary order that the Cable and Satellite Broadcasting Council should explain why it did not announce RGE as the winner of the tender for the operation of the Knesset Channel, following the disqualification of Channel 20's offer. RGE is represented by Advs. Zohar Lande, Ronen Reingold, Adi Shoham, and Itay Hatam of our firm's Litigation Department.
December 24, 2017
Sports Tech - When Sports Join Up with Technological Innovation

In recent years, tremendous progress has been made in introducing know-how and technology into sports – despite this being a conservative world concerned that the introduction of new powers might compromise the ethos of sportsmanship.

December 18, 2017
Telemarketing Restrictions
An interview following the Ministry of Economy and Industry's recently published draft bill placing restrictions on telemarketing.
December 13, 2017
Lawsuit Filed against Founder of Digital CoinDash
Our firm represented Guy Aharonovski in a lawsuit against his former partner in CoinDash, a platform for managing investments in cryptographic currencies. Aharonovski is claiming his former partner disqualified him from his share in the company, founded Queen-Dash behind his back, and issued tokens called CDT that enabled the use of the platform provided by the company.
December 11, 2017
Substantial Fee to Be Charged for Filing a Motion to Certify a Class Action
At the end of November 2017, the Constitution, Law and Justice Committee of the Knesset approved a revised draft bill to amend the Courts Regulations (Fees), whereby parties filing a motion to certify an action as a class action will be charged a court fee.
December 11, 2017
Barnea & Co. Represented EXO Technologies in Acquisition by Lear
Barnea represented Israeli startup EXO Technologies, a developer of GPS technology for autonomous and connected vehicle applications, in its acquisition by the American corporation Lear.
November 28, 2017
Seminar on Data Protection and Privacy
Barnea is hosting today another round of lectures for startups and entrepreneurs on the subject of data protection and privacy. Also to be discussed is the obligation of accessibility on the Internet. In addition, the seminar will feature a guest lecture from the Israeli Digital Organization.
November 23, 2017
Should a non-profit organization be allowed to invest funds in financial assets?
The issue of an NPO’s investments of unappropriated funds (funds that are not immediately needed within the scope of its activities or for the purpose of advancing its objectives, whether on a short-term or on a longer-term basis) is not regulated within the scope of the Non-Profit Organizations Law or the Income Tax Ordinance. Asaf Shalev contributed an article to Globes in regard to this matter. (In Hebrew)
November 22, 2017
Electricity Authority Hearing: Competitive Proceeding for High-Voltage and Low-Voltage Solar Installations
In September 2017, the Electricity Authority published a Call for Bids for the purpose of determining the rate for electricity generation using photovoltaic (PV) technology at PV plants to be connected to the high-voltage and low-voltage grids.
November 20, 2017
Precedent Set regarding Class Actions against Dual-Listed Companies in Israel
In a precedent-setting ruling handed down recently in the Tel Aviv District Court a motion to certify an action as a class action, which was filed against Tower Semiconductor Ltd. and its officers, was dismissed in limine based on the rationale that US law applies to the company in relation to the matter of liability, since Tower is also listed for trading in the United States.
November 16, 2017
Privacy in the Workplace - the Use of Cameras
At the end of October 2017, the Privacy Protection Authority published a guideline about the use of surveillance cameras in the workplace and within the framework of employment relations. This guideline does not come as a surprise, as a draft of it was already published last year for public comments.
November 8, 2017
Offering Services of Securities Trading Systems
In July 2017, Amendment 63 to the Securities Law, 5728 – 1968, concerning the restructuring of the stock exchange, came into effect.
November 2, 2017
Minimum Wage Update
On October 30, 2017, an amendment to the Minimum Wage Law was enacted after being approved during the second and third readings in the Knesset.
October 29, 2017
Class Action against Espresso Club Rejected by the Court
The Central District Court has rejected the application for a class action filed in 2015 against Espresso Club for misleading customers about the method of charging an acquired package of coffee capsules. In addition, the court ordered the plaintiff to pay all legal expenses. Espresso Club was represented by Advs. Zohar Lande and Itay Hatam of our firm's Litigation Department.
October 26, 2017
A Female Employee Notifies She Is Pregnant – A Few Important Facts!

Has one of your employees notified you that she is pregnant? Here are a few points you should know

October 25, 2017
Marie Tsion to Lecture on Employment Termination at the Human Resources Conference of the North
Adv. Marie Tsion, head of the firm's Employment Department, has been invited to take part in the Human Resources Conference of the North. She will lecture on the proper procedure for dismissing employees.
October 24, 2017
Israel Securities Authority Defeated in Proceeding against Portfolio Manager
The Administrative Enforcement Committee rejected an administrative claim filed by the Israel Securities Authority against portfolio manager Ran Amitai for using inside information on a deal with the biotechnology company Compugen. Ran Amitai and Cramim Capital Markets were represented by Dr. Zvi Gabbay and Adv. Sapir Malul.
October 15, 2017
District Court Rejects Scheduled Vote of Purchase Group United Sarona
The Tel Aviv District Court accepted the request of over 50 members of the purchase group United Sarona, represented by Barnea's Head of Litigation, Adv. Zohar Lande, to prevent a vote at the meeting scheduled for today. In the motion that was presented, it was argued that in the process of convening the meeting there were material flaws, including a lack of information.
October 10, 2017
Ministry of Economics and Industry Seeks to Impose Restrictions on Telemarketing
The Ministry of Economics and Industry recently published a draft bill for an amendment to the Consumer Protection Law. This draft bill proposes placing restrictions on telemarketing.
October 2, 2017
Your Employees Are Beginning to Unionize – What You Need To Know?

Many employers worry about the day they might discover their employees are organizing and joining a labor union. This concern is natural, since an employer used to running its business as it deems fit, and according to its business needs, is not interested in sharing the helm with its employees’ representation.

 

September 28, 2017
Revision of the Regulations Requiring Websites and Applications to be Accessible for People with Disabilities
The Knesset Labor, Welfare and Health Committee recently approved a comprehensive revision of Regulation 35 of the Accessibility to Online Services Regulations under the Equal Rights for People with Disabilities Regulations (Service Accessibility Adjustments), 2013.
September 25, 2017
Purchase Group United Sarona about to Fall Apart
The purchase group United Sarona, which won a tender a year and a half ago to build several towers near Sarona Market in Tel Aviv, is about to fall apart. In the last few days, several members of the group have begun organizing, through Adv. Zohar Lande, Head of the Litigation Department at Barnea, to file a lawsuit against United Sarona's organizers, after they failed to recruit new members or find alternative funding sources to ensure the progress of the project.
September 24, 2017
Registration for an Application Is Tantamount to a Binding Contract
The New York Circuit Court of Appeals ruled recently that when a new user confirms the “terms of service” and “privacy policy” on an application’s registration screen, even without perusing the legal documents provided through these links, such approval suffices to raise the user’s legal engagement with the company to the standing of a binding contract.
September 19, 2017
ICO Whitepaper

ICO is the abbreviation of Initial Coin Offering, a term inspired by the capital market term IPO (Initial Public Offering). This is when a company recruits debt or capital by publishing a prospectus offering of its securities to the public for the first time. A prospectus is a profound legal and accounting document that furnishes information about the company, its management, its businesses, and its financial position. Once a company’s securities are held by the public, it becomes a public company.

September 10, 2017
Ministry of Communications to Form a Tender Committee for the Allocation of a New Cellular Spectrum
The Ministry of Communications has appointed a tender committee to formulate and draw up a tender for the allocation of a spectrum for the provision of advanced cellular services.
September 6, 2017
Marie Tsion to Address the Various Legal Issues of Job Acceptance
Adv. Marie Tsion, Head of the Employment Department, will lecture today at the Human Resources Forum of the North on legal issues related to job acceptance: evaluation centers, refusals, and the law for the prevention of discrimination.
September 5, 2017
Who Owns Employee-Created Inventions: the Employer or the Employee?
Adv. Noa Havdala, of the Litigation Department, and Adv. Marie Tsion, Head of the Employment Department were interviewed by TheMarker on the subject of who owns the Facebook page of a popular TV program—the host or the network.  They both asserted that all intellectual property created by a worker in the framework of the workplace belongs to the employer.
September 4, 2017
Government Approves National Policy for Safe Identification
Israel's government recently set forth a decision approving the key points of a national “safe identification” policy. The purpose of this policy is to define how a person’s identity is to be verified when receiving government services in a digital mode, in order to improve the services being provided to residents, and to simplify the access to these services.
September 4, 2017
September 2017 News Flash – Employment Law
Several new updates regarding lifting the corporate veil, calculating severance pay for hourly employees and issuing electronic pay slips.
August 30, 2017
Consumer Protection Law Prescribes a General Arrangement for Canceling Transactions
An amendment to the Consumer Protection Law was enacted recently, regulating the ways by which consumers can cancel transactions and imposing obligations on businesses to disclose to consumers how they can cancel transactions.
August 28, 2017
Israeli Innovation in Bolstering the Water Supply

One of the great ironies of life on earth is that, on a planet that is approximately 75 percent covered in water, the demand for safe drinking water is higher than the supply. Fresh water makes up only about 2.5% of the total water supply, and for a continuously growing population, this creates some limits. Fortunately, technological innovations are creating solutions for a world that needs more water, and Israel is leading the way.

August 15, 2017
HR Challenges for Startups
Adv. Marie Tsion, Head of the Employment Department, will lecture today to entrepreneurs at advanced stages who are participating in StarTAU's entrepreneurial program. The lecture will focus on recruitment of employees and the various challenges involved in recruiting human resource professionals in start-up companies
August 8, 2017
Monetary Authority of Singapore to Begin Regulating the Issuance of Virtual Currencies
Adv. Daniel Israeli was interviewed by TheMarker after the Monetary Authority of Singapore (MAS) announced it would begin regulating the issuance of virtual currencies (ICO). Daniel noted that Singapore has developed into a destination of sorts for ICOs, and thus the MAS' decision will certainly change the rules of the game.
August 7, 2017
Supreme Court Precedent – Companies Have the Right to Independent Standing during a Derivative Suit
A significant precedent was handed down recently by the Israeli Supreme Court, whereby a company’s separate and independent standing must be recognized, even after a motion for a derivative suit has been approved.
July 30, 2017
Knesset Approves Elimination of Fees Imposed on Databases
In early July 2017, the Knesset's Constitution, Law and Justice Committee approved the elimination of the compulsory registration fees and periodic fees paid by database owners.
July 25, 2017
Can a deceased person's lawsuit automatically be terminated?
Adv. Noa Havdala, a partner in the Litigation Department of Barnea, was interviewed on a financial radio program regarding the fate of a lawsuit when the plaintiff passes away. Noa explained that the lawsuit continues via the heirs or the estate manager, who enter the shoes of the deceased. (starting at min' 9.40)
July 19, 2017
High Court Issues Interim Order on Channel 20’s Winning Bid for Knesset Channel
RGE, represented by Adv. Zohar Lande, Ronen Reingold and Adi Shoham of Barnea, petitioned the High Court of Justice over the results of a tender concerning the operation of the new Knesset channel. It requested an interim order that would prevent the agreement with Channel 20, who had won the tender. In a hearing held today at the High Court of Justice, the interim order was issued, freezing the results of the tender.
July 18, 2017
Application for a Class Action Suit against the College of Management
Our firm is representing a former teaching assistant at the School of Business Administration at the College of Management in an application for a class action suit submitted to the Labor Court.
July 3, 2017
New ILITA Guidelines Prescribes Criteria for Obtaining Consent to Provide Direct-Mail Services
Recently, ILITA (the Israel Law, Information and Technology Authority) published new guidelines addressing the interpretation and implementation of provisions of the Protection of Privacy Law relating to direct mail and direct-mail services.
July 3, 2017
Marie Tsion in an Article on the Subject of Youth Employment
Adv. Marie Tsion, Head of the Employment Department at Barnea, in an article for The Marker on the subject of youth employment during the summer vacation.
July 2, 2017
Israel's New Opportunity in Renewable Energy

Israel has for years led the world in technology and entrepreneurial growth and development. After building in a number of key tech areas like cyber security and biotech, the nation has turned its sights on bolstering capabilities in renewable energy. Recently, the Israeli government announced a new initiative focused on pushing development of renewable energy into the 21st century. This creates a prime opportunity, for Israel’s energy companies and for investors looking to become part of this growth in the years ahead.

July 2, 2017
Barnea & Co. Represented Avgol in the Sale of its Rights in the Barkan Plant
Barnea represented Avgol in the sale of its rights in the Barkan plant for NIS 52.5 million. Avgol is in the process of transfering its production center in Israel to Dimona.
June 29, 2017
Adv. Asaf Shalev to lecture at the Startau Entrepreneurship Course
Adv. Asaf Shalev will lecture today on the topics of founders agreements and IP at the Entrepreneurship Course of Startau, Tel Aviv University Entrepreneurship Center.
June 25, 2017
Updates and Reliefs to the Rules about Industrial Wastewater
New rules came into effect recently that constitute an amendment and update of the principal rules addressing industrial wastewater flowing from factories into the sewer system.
June 19, 2017
Precedent Ruling : a Bank May Refuse to Provide Service to a Company Engaging in Virtual Currencies
Precedent set by the Tel-Aviv District Court rules that a bank may refuse to provide service to a company engaging in virtual currencies.
June 18, 2017
Barnea & Co. Represents Africa Israel Europe in a Commercial and Residential Project in Serbia
Barneais representing Africa Israel Europe in the establishment of a new commercial and residential project in Serbia called "Skyline Belgrade" at an estimated cost of Euro 200 million.
June 13, 2017
Adv. Ronit Offir was Appointed as a Judge to the Tel Aviv Magistrate's Court
Adv. Ronit Offir, Partner in the Litigation Department at Barnea, was appointed as a judge to the Tel Aviv Magistrate's Court. Adv. Offir joined our firm in 2010 and has extensive experience in representing Israeli and international companies in complex litigation cases before the District Court, the Supreme Court and in arbitration proceedings.
June 8, 2017
Barnea & Co. represents Zeev Rom
The Haifa District Court ruled that Gad Zeevi would have to pay businessman Zeev Rom USD 1.5 million in brokerage fees in respect of a deal in which Zeevi acquired 20% of Bezeq in 2000. Adv. Zohar Landa and Adv. Moran Bickel from the litigation department at Barnea, represented Zeev Rom.
June 6, 2017
Barnea & Co., together with the ACC, are Hosting an Event on Privacy
Barnea, together with the Association of Corporate Counsel (ACC), are hosting today an event on privacy. During the event, Dr. Dotan Baruch will speak on the new EU regulations on the protection of privacy and information; Dr. Zvi Gabbay will address the right to financial privacy in Israel; Adv. Ronen Reingold will focus on the recently published regulation of organizations’ database security. In view of the demand, we will hold another event on June 11th.
May 25, 2017
Espresso Club Files an Appeal to Increase the Court Expenses to the Sum of Half a Million Shekels
After the rejection of the Nespresso and Nestle case against Espresso Club in which they alleged copyright infringement, Espresso Club, represented by our firm, filed an appeal regarding the amount of expenses determined by the District Court, claiming that the amount is unreasonable in relation to the actual expenses.
May 21, 2017
Insolvency in a Nutshell

Insolvency proceedings are an integral part of business-commercial activities, in circumstances whereby a person or corporation might need to institute proceedings to rehabilitate its business activities or even to liquidate the company.

May 11, 2017
Marie Tsion to participate in Human Resources Forum Half Year Event
Adv. Marie Tsion, Head of the Employment Department at Barnea, will participate today in the Human Resources Forum Half Year Event and will discuss the issue of protecting employee privacy in the workplace.
May 11, 2017
Protecting Your Start-Up with Company Registration in Israel

Israel has long been acknowledged and admired for its vibrant start-up culture, fostered through government investment and pro-business policies. Further, the national focus on business development provides a regulatory structure that protects business owners from creditors and ensures proper structure for the public – incorporation. To take advantage of the corporate structure, you need to ensure that you follow the proper registration process, and select the right corporate vehicle to fit your emerging business model.

May 7, 2017
Tel Aviv University Innovation Conference
For the second year, Barnea is taking part in the Tel Aviv University Innovation Conference. In the framework of the conference, Micky Barnea, will lecture on the subject of the legal challenges entailed in late staged startups and will judge in the competition final with other mentors from Shazam, Prezi, Capsula, Strauss Group and IAI.Adv. Dr. Dotan Baruch, Yuval Lazi and Ariella Dreyfuss, will judge in the start-up competition in the Fintech, Gaming and IoT sectors. Yuval Lazi will also participate in a panel discussion on funding a start-up, together with a representative of the Office of the Chief Scientist, Tau Ventures' CEO and the CEO of "Cockpit", El-Al's start-up support program.
April 5, 2017
Barnea & Co. represented Avgol in issuance of a New Series of Bonds
Barnea represented Avgol Industries 1953 Ltd in connection with the issuance of a new series of bonds in the amount of NIS 197 Million. Avgol is one of the biggest manufacturers in the world of non-woven fabrics for the hygiene market. Its securities are traded in the leading indices on the Tel Aviv Stock Exchange.
April 4, 2017
Overcoming Common Recruitment Challenges when Entering a New Market
Barnea, together with Nisha Global, will host today a seminar on how to overcome common recruitment challenges when branching out globally to foreign markets. Adv. Marie Tsion, Partner and Head of the Employment Department, will lecture on the legal aspects relating to the activity of a company abroad.
April 4, 2017
Barnea & Co. Represented Viola Credit in the Acquisition of Negev Ceramic
Barnea represented a group of investors, led by Viola Credit, in the acquisition of Negev Ceramics from creditor banks. Viola was represented by Adv. Michael Barnea, Adv. Inon Yogev and Adv. Ilan Blumenfeld, Partners at Barnea
March 29, 2017
New Data Security Regulations Contain New Requirements for Database Administrators
The Constitution, Law and Justice Committee recently approved the Privacy Protection Regulations (Data Security), 5767-2017, which enacts new and comprehensive norms for entities that manage or hold databases regarding data security procedures. In practice, these regulations affect many entities in the Israeli marketplace, from small businesses managing client information databases to large corporations.
March 29, 2017
Barnea & Co. Represented Viola Private Equity in an Investment in Similar Web
Barnea represented Viola Private Equity in an investment of USD 50 million in Similar Web, a leading digital market intelligence platform that provides insights for websites and applications.
March 27, 2017
Nespresso Loses Court Battle with Espresso Club
The Israeli District Court of Tel Aviv ruled against global food giant, Nestle, and its subsidiary Nespresso in a claim filed by them in Israel against Espresso Club, an Israeli company, on the grounds of alleged copyright infringement, trademark violations, unfair competition and damage to Nespresso's reputation.
March 27, 2017
Medigus Ltd. Completed a Nasdaq IPO
Barnea represented a group of US underwriters, led by H.C. Wainwright , LLC, in the process of submission of Medigus Ltd. of a prospectus for the Nasdaq listing. Medigus raised USD 7.5 million and will be traded on Nasdaq in parallel with its listing on the Tel Aviv Stock Exchange. Medigus Ltd is an Israel-based company active in the medical sector. It specializes in developing endoscopic procedures and devices.
March 16, 2017
Israeli Leadership and Growth in Smart Mobility

Technological solutions are developing every day, world-wide. In Israel, the transportation sector provides impressive examples of innovation at work. Urban growth naturally reaches a saturation point, at which people either need to move or commute farther each day, creating higher costs and greater safety concerns. Smart mobility consists of the movement to make transportation easier, safer, more environmentally friendly, and more efficient. And Israel has taken a leadership position in developing companies and technologies that help make it possible.

March 13, 2017
New Labor Court Ruling on The Subject of Age Discrimination
The subject of discrimination in the labor market in general, and the subject of ageism in particular, has lately become a hot topic in the public discourse. A recent ruling handed down by the Regional Labor Court in Tel-Aviv in the Bat Sheva Simchi vs. Maabarot Products Ltd. case addressed the issue of age discrimination.
March 8, 2017
The Right to Review Digital Database
Within the scope of a new directive published recently by the database registrar at the Israeli Law, Information and Technology Authority, entities, such as service-providers, that retain recordings of telephone conversations or chat correspondence with their customers will be forced to enable their customers (the subjects of the information) to also access information of this type. This according to the right of access prescribed in the Privacy Protection Law and the regulations instituted by virtue thereof.
March 5, 2017
Nespresso Loses Suit Filed against Israeli Company, Espresso Club
The Tel Aviv District Court rejected the lawsuit filed by Nespresso and the global food company, Nestle, against the Israeli company, Espresso Club. Nespresso claimed that Espresso Club’s advertisement, which uses a look-alike of George Clooney, violates the intellectual property of Nespresso and constitutes unfair competition. The Court rejected Nespresso's claims and ordered it to pay Espresso Club NIS 110,070  in legal costs. Espresso Club was represented by Adv. Zohar Lande, Adv. Itay Hatam and Adv. Gili Cohen-Arazi from Barnea
March 2, 2017
Judicial Oversight of Board Decisions - Beyond the Business Judgement Rule?
Adv. Zohar Lande and Adv. Gilli Cohen Arazi from the Litigation Department at Barnea in an article for Chambers and Partners on recent trends in Israeli case law, which may indicate a change in the Israeli courts' attitude to judicial intervention in the business judgment of the Board of a corporation.
February 27, 2017
Class action against Directors
The Tel Aviv District Court approved an action as a class action filed by the minority shareholders of Delek Energy Systems Ltd. against its controlling shareholder and officers of the company.
February 21, 2017
Innovation Cocktail Event Hosted Together with the Israel-South Africa Chamber of Commerce
Barnea, together with the Israel-South Africa Chamber of Commerce, is hosting today a cocktail event to promote networking between South African businessmen living in Israel and Israeli businessmen.
February 21, 2017
Does the US Visa Boom Herald New Opportunities for Law Firms?
Adv. Marie Tsion, Head of the Employment Department at Barnea was interviewed by The Lawyer regarding the effect of the E-2 visa programme on the legal market. Marie commented that the E-2 investor visas will allow US companies, entrepreneurs and employees to start business activities in Israel more easily. This visa is likely to increase the number of US companies establishing activities in Israel.
February 5, 2017
Doing Business in Israel – Practical Law
Doing Business in Israel? A QA guide to doing business in Israel written by Barnea was published in the Practical Law website. The guide gives an overview of the legal system, foreign investment, regulation, and other issues pertaining to Israel.
February 5, 2017
Eliezer Fishman Is Not Alone: Every Year 19 Thousand Israelis Declared Bankrupt
Our Litigation Department was interviewed by Maariv's "The Weekend" following Eliezer Fishman's declaration of bankruptcy. We noted there are ways to prevent the loss of all family assets, even in the event of bankruptcy, and to avoid involving the family assets with business assets.
January 31, 2017
Loans Guaranteed by the State for Social NPO’s (With No Personal Guarantee)
For the first time, social NPO’s can enjoy attractive, convenient loan terms guaranteed by the State for funding an investment or working capital in the NPO, and without providing a personal guarantee.
January 19, 2017
Important Information about New Tax on Owners of Multiple Apartments
The new law prescribes that, as of January 1, 2017, every taxpayer must pay tax annually (January through December) for every residential apartment that he owns in excess of two apartments, at the sum defined pursuant to the provisions of the law. The taxpayer will be allowed to choose which of his apartments he deems to be his first two apartments, and which shall be taxable under this law.
January 15, 2017
On 17/01 Barnea & Co., together with the Association of Corporate Counsel (ACC), will host an event on Privacy and Data Protection Law
On 17/01 Barnea together with the ACC, will host an event on Privacy and Data Protection Law affecting employees in the workplace. Marie Tsion, Partner and Head of the employment Department at Barnea, will lecture on the Israeli Privacy Aspects.
January 4, 2017
Adv. Elad Pilpel in an article in Globes on the Restoration of Funds for Victims of Stock Manipulation
Adv. Elad Pilpel from the Capital Markets Department at Barnea appeared in an article in Globes on the restoration of funds for victims of stock manipulation. Elad discussed the question whether the state is obligated to repay portion of the fine directly to the victims through a distribution mechanism.
January 1, 2017
The Electricity Authority published the Guidelines for the next PV Plants’ Giant Projects in Israel
Further to the recent hearing held in October 2016 (see our clients update dated 01 December 2016), the Electricity Authority published on 19 December 2016, a decision detailing the main principles of the upcoming competitive process for the construction of Solar Power Plants in Israel, with a capacity of up to 1,000 MW.
December 29, 2016
Innovations in the Israeli Partnerships Legislation
In order to improve the Israeli partnership market and in order to bridge the wide gap that exists between partnership laws in Israel and the partnership laws in other countries, in December 2016, the Ministry of Justice published a draft Memorandum of Law – Partnerships.
December 28, 2016
Barnea represented Belectric Israel in the negotiations leading to the conclusion of an EPC and O&M Agreements in respect of the Ashalim PV solar power plant
Our Infrastructure Department represented Belectric Israel, which was selected to construct and operate a new 30Mwp PV solar power plant in Ashalim. Belectric Israel is an affiliate of Belectric GmbH from Germany, engaging in the development and promotion of photovoltaic (PV) solar systems world-wide.
December 27, 2016
2016 Overview of Israel's Third Sector Regulation and 2017 Trends
2016 was characterized mainly by the completion of a number of processes and initiatives promoted in recent years, mainly relating to tax issues and the recognition of non-profit organizations as public institutions entitled to tax benefits for donations received.
December 25, 2016
New Financial Services Law Establishes Mandatory Licensing Requirement for Financial Service-Providers
The Law establishes a mandatory licensing requirement for financial service-providers – credit providers or providers of financial asset services. One of the main innovations in this Law is that Financial Services Providers will be subject, for the first time, to supervision by a new financial regulator. 
December 12, 2016
Round-table Regarding the Employment of Arab Interns and Lawyers
Adv. Mickey Barnea  will participate in a round-table meeting with other leading law firms regarding the employment of Arab interns and lawyers. The meeting was initiated by the Deans of the Universities' Faculty of Law.
December 6, 2016
Update on Employee Rights – Minimum Wage, Annual Paid Leave, Pension
Three updates to employee rights (Minimum Wage – Annual Paid Leave – Pension) came into effect on July 2016. The following is important news about the next update to employee rights, which is expected to come into effect on 1.1.2017.
December 4, 2016
Israel’s First Open Call for Bids for Offshore Oil and Natural Gas Explorations
November 2016 marked the first time that the Ministry of Infrastructures and Energy invited an open international call for bids for 24 licenses to 24 blocks (each not exceeding 400 km2) in Israel’s economic waters at a distance of at least 7 kilometers from the shore.
December 1, 2016
The Israeli Public Utilities – Electricity Authority to Hold a Hearing Regarding New Quotas for Photovoltaic Power Plants
In October 2016, the Electricity Authority published a draft resolution to hold a hearing regarding the arrangement of a competitive proceeding to set the tariff payable for electricity generation using photovoltaic technology.
November 30, 2016
Regulation of Crowdfunding in the UK, US and Israel: a Comparative Review
Dr. Zvi Gabbay, Partner and Head of the Capital Markets Department at Barnea, in a comparative review of the regulation of crowdfunding for Butterworths Journal of International Banking and Financial Law. The article discusses how three jurisdictions, the UK, US and Israel, have dealt with the regulatory aspects of the equity crowdfunding sector, comparing and contrasting the approaches taken by the regulators.
November 23, 2016
Less Remuneration, More Responsibility

The issue of officers’ responsibility in general, and of directors in particular, is one of the key issues addressed in companies and securities laws in Israel. The subject has been deliberated, analyzed and gradually expanded over the years and, without doubt, onerous and extensive responsibility is imposed on directors in the current legal environment. 

November 9, 2016
Barnea & Co. Represents iTrader, an Online Forex Trading Company
Barnea represents iTrader, an online forex trading company, which is under investigation by the Israeli Securities Authority. Adv. Zohar Lande and Adv. Moran Bickel from the Litigation department were interviewed by The Marker and commented that they hope the investigation by the ISA, which focuses on the company's activities during the period in which it was entitled to act as a trading platform, will end soon.
November 9, 2016
Voluntary Retirement Program
Following reports on the voluntary retirement programs that are promoted by the Israel’s largest banks, Adv. Marie Tsion, Partner and Head of the Employment Department at Barnea was interviewed by Globes. Marie commented that a successful voluntary retirement program is one which creates a situation where the employer offers retirement to certain workers, without harming the functioning of the organization, which often relies on the knowledge and experience of the veterans.
November 8, 2016
Barnea & Co. Represented Hadad Brothers
Adv. Marie Tsion and Adv. Lee Alter Kizis represented Hadad Brothers, Worldwide Judaica Artists, in a claim by a service provider with an independent business, that after 17 years of engagement argued for a recognition of an employee-employer relationship and filed a claim for various social benefits in the sum of 1.5 Million NIS.  After 2.5 years of legal proceedings, the court this week denied the claim in full.
November 2, 2016
Seminar for Students From the IDC Legal Clinic for Start-Ups
Barnea is hosting today a seminar for students from the IDC Legal Clinic for Start-Ups on various issues including founding agreement, labor law and tax issues, privacy policy, entrepreneurship and more. The cooperation is part of the firm's pro bono activities.
October 14, 2016
After 9 Years of Litigation, David's Geller Claim Against Yitzchak Omer, Who Was Represented by Barnea & Co., Was Dismissed.
As previously published, Geller had filed a lawsuit alleging fraud in the amount of nearly NIS 70 million. Even though the main claim for fraud was dismissed, the District Court obliged Omer to pay millions of NIS to Geller deciding that they were granted to Omer as a loan. Geller and Omer both appealed to the Supreme Court. The Supreme Court denied Geller's appeal entirely, accepted Omer's appeal and returned the case to the District Court. This week, the District Court dismissed the action entirely and accepted Omer's argument that the funds were transferred to him as part of a share purchase transaction. The Court ruled that under these circumstances, Omer does not need to reimburse the funds or to transfer any shares.
October 13, 2016
Hackathon for Sustainable Urban Mobility
Adv. Asaf Shalev will serve as a mentor and participate at the Herzliya sustainable urban mobility Hackathon, which takes place on October 27th , in cooperation with the European Union.
October 6, 2016
Israeli Leadership in Water Technologies

Despite the fact that water covers three quarters of Earth’s surface, countries all over the world suffer from potential or current water shortages. Water consumption well outpaces supply, particularly in arid nations that struggle to meet their agricultural water needs. Israel, as a nation more than 50 percent covered in desert, has grappled with this problem since its beginnings. The technologies it has developed in response allow it to flourish, and it is doing more every year to expand those technologies around the world.

September 30, 2016
Barnea & Co. Represented the Private Equity Fund IGP Investment in Jacada
Barnea represented Israel Growth Partners (IGP)  in an agreement to buy 300,000 Jacada shares, 7% of the company's share capital, from Robert (Bob) Ashton's investment firm Kinetic Catalyst Partners.
September 25, 2016
Barnea & Co. represents Rafi Bar-Lev
Barnea represented Rafi Bar-Lev, former Salesman at the Israeli investment company Utrade of Aviv Talmor, whose operation was frozen by the Israel Securities Authority, at a hearing in the Tel Aviv Magistrate's Court.
September 22, 2016
Class Actions in Israel- Overview and Contemporary Trends

The Israeli Class Action Law came into force in 2006, and formally regulates the proceedings applying to class actions in Israel. This type of action was available in Israel before 2006, but was much less developed. Since the advent of the Law, class actions have become a favored path of pursuing litigation where the damage caused to a single plaintiff is not significant and would usually not result in a claim against the party which caused the damage. The majority of class actions filed in Israel are consumer claims against corporate entities.

 

 

September 22, 2016
Barnea & Co. Represents GBI Racing
Adv. Zohar Lande, Head of the Litigation department at Barnea is representing GBI Racing, a British company which provides betting services to Toto (the Israel Sports Betting Board). The company applied to the Minister of Finance, Moshe Kahlon, to reconsider the decision to ban horse racing wagering, which was approved by a government committee chaired by treasury Director General, Shai Babad.  The company contends that it was never given the opportunity to present other data to the committee on its behalf.
September 21, 2016
Deadline Extension for Making Internet Websites and Mobile Applications Accessible to People With Disabilities
A few days ago the Knesset Labor, Welfare and Health Committee enacted an amendment to Section 35 of the website accessibility regulations, called "the Equal Rights for People with Disabilities (Service Accessibility Adjustments) Regulations 5773-2013" (the “Regulations”).
September 13, 2016
How Brexit Might Affect the UK's Environmental and Energy Law

The European Union (EU) has driven environmental policy across Europe since its inception in 1992. With the United Kingdom’s (UK) referendum of withdrawal from the EU, though, how it responds in its energy and environmental legal and regulatory structure could affect not only the UK, but the European and even the global marketplace.

September 7, 2016
Construction Site Collapse in Tel Aviv
Adv. Inon Yogev, Partner at Barnea was interviewed by Ynet following the collapsed parking structure in the Ramat Hahayal neighborhood in northern Tel Aviv. Inon commented that the function of the project manager is not defined in the Planning and Building Law. There are many responsibilities and it is not clear who is responsible for what.
September 5, 2016
For the First Time, Tax Relief Has Been Approved for Contributions to an Israeli NPO Operating Abroad
In an unprecedented action, the Knesset Finance Committee has recently recognized an Israeli organization operating abroad as a ‘public institution’ pursuant to section 46 of the Israeli Income Tax Ordinance. Such recognition affords the non-profit organization, a tax benefit, by way of a tax credit to donors for their donations granted to that organization.
September 1, 2016
Fathers Granted Right to Paternity Leave - Marie Tsion for Walla
Adv. Marie Tzion, Partner and Head of the Employment department, published an opinion article in Walla Business, following the recently passed amendment, which granted fathers the right to paternity leave at the expense of already existing leave entitlements.
August 31, 2016
Amendment to the “Anti-Spam Law”
The Knesset's new anti-spam legislation includes any advertisement disseminated to the public at large that asks for a contribution or that constitutes non-commercial propaganda.
August 30, 2016
Trademark Protection: Registration and Enforcement

Part of how any company moves from startup to growing and thriving is to create a recognizable brand under which it operates. The brand provides a way to distinguish yourself with customers, and it all begins with images that you use to represent yourself–and no one else–to the world. To prevent others from using the same or similar images, though, you need to obtain trademark protection. A trademark is a kind of intellectual property protection that lets you defend your marketing ground against others who want to benefit from your symbols and imagery.

 

August 29, 2016
Extension Order Increasing the Allocations to Pension Insurance and Amendment to the Control of Financial Services
After about a year of uncertainty about the pension insurance allocation ratios according to Amendment number 12 to the Control of Financial Services (Provident Funds) Law of August 2015, the matter has recently been resolved.
August 25, 2016
Human Resources Forum Half Year Event
Adv. Marie Tsion will participate in the Human Resources Forum Half Year Event taking place on September 14th. Marie will discuss the terms of employment in the weekly rest period.
August 1, 2016
Cellect Biotechnology Completed a Nasdaq IPO
On 31st July 2016 Cellect Biotechnology announced that it has completed its Nasdaq IPO, raising $8.4 million. Cellect Biotechnology will be traded on Nasdaq in parallel with its listing on the Tel Aviv Stock Exchange. Barnea represented a group of US underwriters, led by H.C. Wainwright , LLC, in the process of submission by Cellect Biotechnology of a prospectus for the Nasdaq listing. Cellect Biotechnology develops innovative technologies in the stem cells sphere.
July 31, 2016
Agtech: Why Israel Makes Sense

If you think about fertile land for agricultural development, Israel probably doesn’t immediately come to mind. But perhaps it should. Despite a desert climate and the relative youth of the country, Israel’s technological development has created a boom in agricultural innovation, with technology that helps farmers and companies develop healthier, higher-quality foods. With the challenges facing the world’s farming and crops markets, this tiny country provides a wealth of opportunity moving into the future of agriculture.

July 28, 2016
Barnea & Co. represents Maurice Haliwa
Adv. Zohar Lande and Adv. Yaacov Gershoni from the Litigation Department at Barnea are representing Maurice Haliwa, a shareholder in Manor A.D. Construction Investments Ltd. Mr. Haliwa filed a lawsuit against Jacky Ben-Zaken and Avraam Nanikashvili in the amount of NIS 18 million.
July 12, 2016
Calcalist Ranked Adv. Elad Pilpel as a Promising Lawyer in the Banking and Capital Markets Sector
Adv. Elad Pilpel from Barnea's Capital Markets Securities department was ranked by the "Calcalist" economic newspaper as a promising lawyer in the banking and capital markets sector for 2016 . 
July 7, 2016
Barnea represented Pharma Cosmetics Laboratories Ltd.
Our Litigation department represented Pharma Cosmetics Laboratories Ltd. (formerly HL Cosmetics Laboratories) in an IP claim against a beautician and her partner. The Rishon Lezion Magistrates Court recently awarded compensation in favor of Pharma and rejected the defendants' claim that the Copyright Act does not apply to the images and texts they copied from Pharma’s website.
July 6, 2016
Hedge Funds Do Not Need Regulation
Dr. Zvi Gabbay, Partner and Adv. Sapir Malul from the Capital Markets Securities Department at Barnea express their views in an article for The Marker that the damage involved in applying the regulatory regime for hedge funds is immeasurably greater than the benefits, and may even cause a collapse of the entire industry.
June 26, 2016
Brexit Effect on Real Estate Market in Britain
This interview by Ynet explores the possible economic implications of the Brexit vote on real estate prices. Our expert advises to wait and see how much prices drop before buying or selling property in the country.
June 16, 2016
Israel: A Clean Tech Nation

Our world today looks very different from what we knew even twenty years ago. Climate change has emerged as a concern across the globe. With this, though, new opportunities have risen for investors and entrepreneurs in the area of clean and renewable energy. Israel has embraced this more than any other country by fostering growth and embracing policies to encourage and develop new small business in this area. More and more, Israel has stepped forward as the world’s leading clean tech nation.

June 16, 2016
Further Concessions to Public Companies
A number of legislative amendments relating to the capital market have been promulgated recently, including
May 29, 2016
Barnea & Co. Represents Hanan Mor Group
Barnea represents Hanan Mor Group, a public traded company, and other companies of the Hanan Mor Group, in a lawsuit filed against them by the contractor relating to a number of real-estate projects.  The contractor claimed damages and requested an order to prevent the forfeiture of bank guarantees. The court rejected the contractor 's request. The court also accepted in full the arguments raised by Barnea and criticized the conduct of the other party, pointing out that the version of the other side "raises questions". The court awarded Hanan Mor Group fees and costs in the amount of NIS 12,000.The Hanan Mor Group is represented by Adv. Zohar Lande, Adv. Itay Wigoda and Adv. Shachar Parnes from the Litigation Department at Barnea
May 3, 2016
5 Myths About Renewable Energy

Sources of renewable energy include, among others, wind energy, solar energy, and hydroelectric energy. With different groups fighting to maintain or increase their relevance on the world energy stage, many myths about these energy sources pervade our understanding of how, and how well, they work. Five myths in particular emerge consistently, and should be overcome for you to better understand how the world is powered.

May 3, 2016
Barnea & Co. represented Azrieli Group
Barnea represented Azrieli Group in its acquisition of the eCommerce platform and activities of Buy 2 Networks Inc., a public company traded on the TASE. The acquired platform and activities  provide an eCommerce platform for consumers to purchase a wide range of products. The acquisition price is NIS 70 million. Azrieli was represented by Micky Barnea and Ron Shuhatovich.
April 25, 2016
Barnea & Co. represented East and West Stores Ltd
Barnea represented East and West Stores Ltd, a leading importer of foods into Israel from the Far East,  in a dispute concerning the use of the trade name "East and West" and its trademarks. Following an appeal to the Supreme Court filed by our litigation department,  the ruling made against the Company by the District Court ,which prohibited the Company from using the trade name "East and West" in some markets, was reversed (our firm was not involved in the District Court action). The Supreme Court  also reversed the contempt of court ruling issued against the Company. East and West Stores Ltd. was represented by Adv. Zohar Lande and Adv. Itai Wigoda. Adv. Ilan Blumenfeld assisted on the commercial aspects.
March 17, 2016
Every country in crisis is an opportunity for invesotrs?
Adv. Gal Oren was interviewed by the prominent Israeli business newspaper, Globes, for an article regarding  the financial opportunities to be found in countries suffering economic crises.
March 15, 2016
Israel Broadens Definition of Accredited Investor
The prestigious Bloomberg BNA’s World Securities Law Report published  an article by Ron Shuhatovich discussing the recent order of the ISA regarding the accredited investor definition.
March 10, 2016
Raising of the retirement age for women- Globes magazine
Adv. Marie Tzion, partner and head of the employment department, was interviewed by Globes magazine (in Hebrew) regarding the raising of the retirement age for women " this move is important both for promoting gender equality and for the status of women in the labor market , but I believe that the Israeli labor market is not ready for it". 
February 21, 2016
Relocation Seminar for employers
Barnea is pleased to be hosting a seminar for employers on relocation on March 9, 2016. The seminar will take place at our offices. At the seminar we will discuss various aspects of the relocation process. Among the speakers will be Marie Tsion, partner and head of our Employment Department, Zvi Kan-Tor, partner at Kan-Tor Acco, as well as Michal Daliot and Hanni Ben-Shimol from Relocation. The seminar is being held in cooperation with Kan-Tor Acoo and Relocation office.
February 14, 2016
Entry of Foreign Mutual Funds to the Israeli Market
As part of the globalization of the Israeli capital market, the Financial Committee of the Israeli Knesset recently approved the Joint Investment Trust Regulations (Offer of Units of a Foreign Fund), according to which managers of foreign mutual funds may offer their funds to the Israeli public.
February 9, 2016
Barnea & Co. represents Edison Investment Research in an agreement with the Tel Aviv Stock Exchange
In order to assist investors in Israel and abroad make prudent and informed investment decisions, the TASE concluded an agreement with Edison Investment Research to promote a unique model that has not yet been tried in the Israeli capital market. The new model involves Edison doing independent analysis for high-tech and biomedical companies traded on the TASE. This venture will be partially sponsored by the Israeli Stock Exchange.
February 2, 2016
Adv. Yuval Lazi and Adv. Inon Yogev join Barnea
Barnea continues its expansion and has recruited a further 12 Attorneys in the past few weeks. Micky Barnea commented to TheMarker regarding such expansion: Lazi and Yogev joining with their teams is a result of the firm’s growth and allows us to continue providing top legal service.
January 25, 2016
Nespresso suing Espresso Club for using George Clooney lookalike advert
Adv. Zohar Lande, head of the Litigation practice at Barnea, is representing Espresso Club Ltd., an Israeli corporation, in an IP claim filed against it by Nespresso and Nestle.
January 25, 2016
Update of the “Proper Management Rules” of Israeli Charitable Organization (‘amutah’)
Approximately two weeks ago, the Israeli Ministry of Justice issued a new revised edition of the booklet “Guidelines for Amutot conduct”, as well as a new and revised edition of the supplementary guidelines booklet regarding the “Registration of Amutot, Name, Objectives and Regulations”. These booklets include a number of revisions and clarifications to the previous drafting.
January 22, 2016
Barnea & Co. represents Espresso Club Ltd.
Barnea represents Espresso Club Ltd., an Israeli provider of home espresso machines using a capsule system, in a claim filed against them by Nespresso Israel, as well as the international Nestle and Nespresso corporations. The Plaintiffs’ claim that a TV commercial of Espresso Club, which features a George Clooney double, denigrates their brand's image and tarnishes Nespresso's reputation by ridiculing the Nespresso image. For the full article, Fox news, please click here
January 21, 2016
Barnea & Co. hosted Unistream's investment committee
As part of our cooperation with Unistream, our office hosted the Organization's investment committee. At the meeting, the participants presented a business venture developed during the program. Adv. Micky Barnea and  Adv. Ronit Offir were chosen to be members of the jury, which also comprised CEO's and industry executives (eg. Microsoft), investment managers and directors of venture capital funds. 
January 21, 2016
District Court in Tel Aviv dismisses claim by Malibu against the Har-Gil family
Adv. Zohar Lande and Adv. Gal Livshits represented the Har- Gil family, the defendants in a claim for NIS 13 million filed by the real estate company, Malibu. The dispute related to payments allegedly owed by the Har-Gil family with regard to a plot of land owned by the Har-Gil family, developed by Malibu. The District Court in Tel Aviv dismissed the claim with prejudice.
January 7, 2016
Adv. Isaac Hanania to represent Barnea as a judge in an investors panel
On January 10, Petah Tikva Entrepreneurial Community, in association with StarTAU, the Entrepreneurship Center at Tel Aviv University, will host a panel of investment experts. Participants will present their business venture ideas to the panel. 
January 7, 2016
Employment law - year end summary

The year 2015 was characterized by legislative initiatives and interesting rulings relating to the labor market in Israel –employers became obligated to send written notices to job candidates about whether or not they have been accepted for employment, the issue of soccer games on Saturday and more.

January 4, 2016
Finally, crowdfunding comes to Israel
Ariella Dreyfuss Adv. published an article in the leading legal English website "The Lawyer" discussing the new law in Israel relating to alternative means of raising funds. The goal of the law is to assist small Israeli companies in their efforts to raise funds through the social phenomena of crowdfunding, and the establishment of high-tech funds to be traded on a new index on the Tel Aviv Stock Exchange.
January 3, 2016
Finally, Crowdfunding comes to Israel
The social phenomena of crowdfunding, adopted by high-tech startups as an alternative means to raise funds, was previously limited in Israel by Israel’s Securities Law. Section 15 of the law dictates that any offer or sale of shares to the public (i.e. to more than 35 potential investors) requires the issuance of a prospectus approved by the Securities Authority; a timely and costly endeavor, rendering crowdfunding prohibitive in Israel.
January 1, 2016
Barnea & Co. appoints new partners
Effective as of January 1, 2016, Barnea appointed 3 new partners: Ilan Blumenfeld who specializes in Antitrust laws, the Kibbutz sector and advising on corporate matters; Liat Keisary who specializes in advising private clients and on real estate law; and Ariella Dreyfuss who specializes in advising technology companies and on MA transactions.
December 29, 2015
Release from liability, indemnity, and officers’ insurance in an Israeli charitable organization – is it possible?
Arrangements providing release from liability, indemnity and insurance to officers in an Israeli charitable organization ’amutah’ (or ‘amutot’ in plural; the Hebrew words referring to charitable organizations) (and in Israeli Public Benefit Companies) have been gaining momentum recently, both on the part of officers of such NPO’s who are seeking shelter under arrangements similar to those customary in business companies, and on the part of insurance companies, which consider third-sector organizations as being a market offering considerable untapped business potential.
December 28, 2015
2015 employment laws: important rulings made this year
The leading Israeli newspaper Globes, interviewed employment experts, including Adv. Marie Tsion, in order to discuss the most influential rulings in this area.
December 24, 2015
Trends In The TMT Industry

The Technology, Media & Telecommunications area is changing. We are now seeing new products, new services and innovation at a faster rate than ever before. The Israeli government identifies TMT as one of the most robust areas of the Israeli economy today and it encourages multinational companies to develop their IP within Israel. The government provides tax benefits, funds and grants to companies who develop their IP in Israel, under domestic and international programs, agreements, treaties and collaborations.

December 23, 2015
Exemption from responsibility, indemnification and insurance of officers associations - is it possible and how?
Arrangements for exemption from responsibility, indemnification and insurance of officers associations (in the benefit of the public) have been gaining momentum recently, both by officers in these organizations seeking shelter under these arrangements, similar to officers in commercial companies, as well as from insurance companies that see the third sector as a potential market.  
December 22, 2015
Hungary- the standard VAT rate of 27% will be reduced in 2016 to 5% for the sale of newly constructed residences
Since the number of newly constructed apartments and houses dropped drastically in Hungary in recent years, the aim of the VAT amendment is to increase the number of residential properties available on the Hungarian market. Adv. Gal Oren, who has extensive experience in the Hungarian market, was interviewed by Calcalist.
December 14, 2015
Israeli private and public companies may submit documents to the Companies’ registrar in English
In an article published in The Lawyer and Lexology, Adv. Ariella Dreyfuss and Adv. Asaf Shalev explain that a new draft bill, published at the beginning of the month, proposes that Israeli private and public companies should be able to submit documents to the Israeli Companies Registrar in English. The aim of the bill is to ease the process for foreign parties interested in investing in Israeli business and participating in Israel’s high tech story.
December 13, 2015
The Israeli Registrar of Companies now in English - Increasing Certainty
The State of Israel has two official languages – Hebrew and Arabic. As a result, in recent years the Israeli Companies Registrar has held that all documents submitted to the Registrar have to be submitted in either of these official languages. If a document was submitted in English it would be rejected. Such documents include the constitutional documents – the articles of association of Israeli companies and debentures creating pledges over the assets of such companies.
November 25, 2015
Israeli Court eases TASE listing rules for foreign listed companies
The Economics Department of the Tel-Aviv – Jaffa District Court is continuing to issue precedent rulings, and this time, in relation to the interpretation of section 46.B. of the Securities Law, 5728 – 1968. Discussions had been underway for some time between Mylan N.V., a foreign public company traded on the NASDAQ, and Perrigo Company Plc., a foreign company traded on the New York Stock Exchange and on the Tel-Aviv Stock Exchange, relating to Mylan’s potential acquisition of Perrigo’s shares. After these discussions failed to mature into a transaction, Mylan announced in the United States its firm intention of publishing a tender offer for Perrigo’s shares, despite the fact that Perrigo’s board of directors had rejected the offer (i.e., a hostile takeover).
November 12, 2015
Draft Bill – New Transparency Obligations on Israeli NGOs with Foreign Funding
A new Israeli government draft bill was published last week for public comments – “Disclosure Obligations of Recipients of Support from Foreign Political Entities Law (Increased Transparency by Recipients of Support, when the Majority of their Funding is from Donations from Foreign Political Entities).” The objective of this draft bill is to impose increased transparency on NGOs (associations/NPOs and public-benefit companies) regarding their activities, when the majority of their funding is from donations from ‘Foreign Political Entities’, beyond the transparency that is imposed on all recipients of such donations.
November 8, 2015
“Green Licensing” Reform in Israel
Recently, the Israeli Ministry of Environmental Protection published a preliminary draft bill relating to the proposed Integrated Environmental Licensing Law, 5775-2015. This preliminary draft bill, which is based on the European Union’s Industrial Emissions Directive 2010/75/EU, was disseminated as a result of the Israeli government’s decision in April 2015 to work towards improving environmental regulations and encouraging “green” growth by promoting an integrated environmental licensing law. This came in the wake of the Israeli government’s commitment as part of its OECD accession process, after a number of years of collaborative efforts between the Ministry of Environmental Protection and other government ministries and after consulting with numerous authorities in the business, public and third sectors.
November 5, 2015
Summations filed in the Tisch versus Yogev case
After nearly three years of litigation proceedings relating  to Edwin Tisch's claim against Ori Yogev, summations were submitted yesterday.  Tisch claims that Whitewater and Yogev made false representations and acted fraudulently, causing Tisch to invest millions in Whitewater Holdings. According to Tisch, Yogev intoduced the project as the "Checkpoint" of the water industry, and "it is designed to change water treatment in Israel and abroad".
November 4, 2015
Israeli Supreme Court rules that Loan Agreements may require a Prospectus
Recently, the Supreme Court handed down a ruling that constitutes a precedent: loan agreements which an entrepreneur offered to public investors are tantamount to “securities,” and therefore, require the publication of a prospectus, pursuant to the provisions of the Securities Law.
November 4, 2015
What you need to know about employment contracts

Employee rights in Israel are regulated by a long list of laws, extension orders and collective bargaining agreements. The perception of labor law is that it is primarily protective of employees vis-à-vis employers, and indeed, a basic rule of law states that employee contracts cannot derogate from rights prescribed in laws, extension orders and collective bargaining agreements, but may only supplement them

November 3, 2015
New amendments to the Israeli report regulations
As part of the series of reliefs that the Israel Securities Authority is promoting in order to ease the regulatory burden applied to entities under its supervision, a number of amendments to the Securities Regulations (Periodic and Immediate Reports), 5730 – 1970  were promulgated in the Official Gazette recently.
October 29, 2015
EU Court invalidates Safe Harbor Arrangement – repercussions for Israel
Recently, an official announcement was issued on behalf of the Law, Information and Technology Authority of the Israeli Ministry of Justice ("ILITA"), as a result of the ruling of the European Union’s Court of Justice invalidating the Safe Harbor Arrangement governing transfers of personal information from Europe to the United States – at this stage, the transfer of personal information from Israel to organizations in the United States on the basis of that arrangement is prohibited. The key points in the announcement of ILITA – Transfers of personal information outside of EU member countries According to the principles specified in the provisions of the European directive regarding protection of personal information (Directive 95/46/EC of the European Parliament and of the Council of 24 October 1995 on the protection of individuals with regard to the processing of personal data and on the free movement of such data) (the "European Directive”) – the transfer of personal information outside the borders of European Union member countries is prohibited, except for specific exceptions, including transfers of information to a country that the European Union has deemed as providing an adequate level of protection for personal information. The Safe Harbor Arrangement The decision of the EU Commission of July 26, 2000 (Commission Decision 2000/520/EC) (the "EU Commission Decision”) prescribed that American corporations included in a Safe Harbor Arrangement, guarantee an adequate level of protection of personal information. According to the arrangement concluded between the U.S. Department of Commerce and the European Commissioner, an American organization desiring to be included in the arrangement must undertake strict principles for safeguarding personal information similar to the requirements of the European law and subject to the provisions of the European Directive (the "Safe Harbor Arrangement”). The Safe Harbor Arrangement enabled those same thousands of American companies sheltered under it (including such companies as Google, Facebook, Amazon and Microsoft) to transfer personal information about EU citizens from Europe to the United States, for the purposes of processing, saving and storage. Ruling of the European Union’s Court of Justice In the wake of the revelations that were made following the Edward Snowden exposé in 2013 about how U.S. intelligence agencies are making use of information, an Austrian citizen, Maximilian Schrems, who was a Facebook user, filed a complaint with the Data Protection Commission in Ireland alleging that American law and practice are failing to provide adequate protection against American authorities’ monitoring of information being transferred to the United States, including European users’ information stored in Facebook’s servers located in the United States. The Irish Data Protection Commission rejected the complaint, based mainly on the aforesaid EU Commission Decision, which approved the Safe Harbor Arrangement. In light of this, the aforesaid complaint was referred to the European Union Court of Justice. In its judgment of October 6, 2015, the European Court of Justice stated that, according to U.S. law, American companies’ commitment to comply with the Safe Harbor principles concerning use of information do not apply to public and government authorities in the United States, and therefore – American authorities’ demands for disclosure of information, on the grounds of national security or public interest, that are being issued to American companies, are compelling American companies to disclose personal information, even when such demands violate the provisions of the Safe Harbor Arrangement. The court ruled that, notwithstanding the provisions of the European Directive, the U.S. law enables the authorities there to access and process personal data in a manner that has no bearing on the purposes for which the information was collected, and that far exceeds what is strictly necessary and proportionate. According to the court ruling, the law in the United States cannot be defined as proportional, since it grants agencies authorities that are too sweeping, such as the authority to access and store all personal information of any kind of all persons whose data has been transferred from EU member countries, indiscriminately, without any restrictions or exceptions being made in the context of the objective pursued, and without prescribing criteria for setting limits to the government authorities’ access to data, and to their ability to make subsequent use thereof. According to the court’s line of reasoning, the legislation that grants blanket authorization to government authorities to access content of communicated messages – constitutes a material violation of the fundamental right to privacy. The court also stated that the U.S. law does not provide individuals any means of legal redress or of exercising their right to peruse personal data that is being stored about them in the United States, and thus, the U.S. law is prejudicing the fundamental right to effective judicial protection of their rights to privacy. In view of the aforegoing, the European Court has ruled that the EU Commission Decision approving the Safe Harbor Arrangement is invalid. Subsequently, the court also ordered the Irish Data Protection Commission to re-examine the complaint submitted to it and to ascertain whether it is warranted to suspend transfers of information of European Facebook users to the United States, on the grounds that it is impossible to guarantee adequate protection of this information. Repercussions of the European ruling on the privacy protection regime in Israel The Privacy Protection Regulations (Transfers of Information to Databases Outside the Borders of Israel), 5761 – 2001 (the "Regulations”) prohibit any cross-border transfer of information from a database in Israel, unless the local law of the recipient country guarantees a level of protection for the information that is not inferior to the level of protection under Israeli law, or unless one of the exceptions specified in the sub-sections of section 2 of the Regulations applies. One of the exceptions, specified in Regulation 2(8)(2), prescribes that personal information may be transferred from Israel to a foreign country to which the European Union permits information transfers. In light of the EU Commission Decision, which states that organizations that are committed to the principles of the Safe Harbor Arrangement are providing an “adequate level of protection” for personal information, as this term is defined in section 25(2) of the European Directive – the position of ILITA had been – up until now – that these companies fall within the scope of the exception that enables transfers of personal information from Israel pursuant to Regulation 2(8)(2) of the Regulations. Now, ILITA is stating in its announcement that, as a result of the above ruling of the European court, its position at this stage is that it is no longer possible to rely on this exception in the Regulations as a basis for justifying transfers of personal information from Israel to organizations in the United States. Given that the Safe Harbor Arrangement is no longer valid pursuant to European law, and for as long as some other valid arrangement is not put into place, or until such time as the European Union issues another official decision pertaining to information transfers from European Union member countries to destinations in the United States, database owners who want to transfer personal information from Israel to organizations in the United States are required to examine whether they can justify the information transfer based on one of the other exceptions specified in the Regulations.  
October 12, 2015
Barnea & Co. represents AFI group
We represent the AFI group in a transaction for the construction two office buildings in Romania. The matter value is 50 Million Euro
September 7, 2015
Lexology Navigator - Employment & Labour
As an employment expert, Marie Tsion was chosen to be the author of the Israeli chapter of "Lexology Navigator - Employment Labour". In this exclusive chapter, Marie provides a market and regulatory overview in respect of Israel. Lexology is a web-based service that provides company law departments and law firms with a depth of free practical know-how that would be impossible to produce internally. Lexology has become the pre-eminent online source of legal news, updates and analysis for more than 242,000 lawyers worldwide.
August 30, 2015
New ITA circular, Aug 2015
On August 16, 2015, the Israel Tax Authority published a new circular (number 8/2015), which is effective immediately. The circular presents the new material requisite tests and criteria for recognizing an organization as a ‘public institution’ pursuant to section 46 of the Israeli Income Tax Ordinance. Certification issued to an organization pursuant to section 46 of the Income Tax Ordinance confers a tax benefit, by way of tax credits to donors in respect of donations they grant to that organization, at a rate of 35% for an individual donor and 26.5% for a corporate donor (according to the corporate tax rate).
August 19, 2015
Barnea & Co. represented Kibbutz Shefayim
Kibbutz Shefayim filed a request yesterday to the Tel Aviv District Court to declare Yehuda Doron, the former treasurer of Kibbutz Shefayim, as bankrupt, if he does not pay within one week the sum of NIS 14.6 million. This amount represents the majority of the money in respect of which Doron was convicted of theft. 
August 18, 2015
Updates about legislative amendments relating to construction licenses and permits
Amendment 101 to the Building and Planning Law was promulgated in April 2015. The amendment concerns a transfer and expansion of authorities to the local committees and sweeping amendments designed to shorten, streamline and simplify construction licensing.Following is a brief review of the amendments, which shall come into effect on January 1, 2016. Three construction licensing tracks were defined:Structures exempt from a permit requirement – light-weight structures, such as storage sheds, pergolas, awnings, fences, winter-time enclosures and more (this amendment came into effect at the beginning of August).Fast-track permits – structures (to be defined by the Minister) that are unlikely to pose a substantive hazard or disturbance, or to have a material impact on the appearance of the building, on the environment or on their character or characteristics. This track relates to building additions, such as apartment protected spaces, porches, small rooms of up to 25 square meters, elevators, enclosures of open pillared storeys, and more. Standard-track permits – the amendments relating to fast-track permits will come into effect on January 1, 2016, which shorten the waiting time until the authority must issue its response to 45 workdays. In cases whereby a response is not issued, then the permit application shall be deemed an approved permit. According to the amendments relating to standard-track permits, if a permit is not issued after 90 workdays, the applicant may file an appeal to a district appeals committee authorized to issue the permit.The law specifies the work stages, procedures and timeframes for the issuance of construction permits, completion certificates / Form 4 / use and occupancy permits. External planning and building control and inspection institutes are to be establishedThe main objectives of setting up external institutes are to centralize all approval authorities (municipality and local committees) and professional controllers and inspectors in a one-stop format. The amendment prescribes provisions regarding the establishment and accreditation of authorized control and inspection institutes, and defines roles: design controllers, who are responsible for verifying that the permit complies with the building code provisions addressing the building’s stability and safety and suitability for use; and construction inspectors, who are responsible for verifying that construction is being executed in compliance with the building code.Online permits – the legislation includes instructions for filing online applications for building permits.Affordable housing – besides the issue of licensing, another section of Amendment 101, which addresses the issue of affordable housing, Addendum Six to the Planning and Building Law comes into effect on January 1, 2016. Inter alia, the amendment authorizes local committees to approve plans for adding construction lots and for adding public uses, including rental housing, which will apply to buildings and lots defined in plans as being intended for affordable housing. Update about planning and building amendments anticipated in theproposed State Budget for 2015-16, which was approved by the government on August 6, 2015As part of the efforts to resolve the housing crisis, a number of additional legislative amendments have been proposed in resolutions of the Israel Land Council and in National Outline Plan 35 that relate to planning and infrastructure and real-estate registration. The purpose of the amendments is to increase the supply of apartments in the market by removing barriers and by accelerating the pace of land development and the planning and construction of apartments.Briefly, these amendments include: increasing the number of local planning committees and expanding their authorities, streamlining of parcelization and partitioning procedures, accelerating the construction and marketing of State lands, government funding for the planning of privately-owned housing complexes, lowering of infrastructure barriers, encouraging development agreements between local authorities and entrepreneurs, building permit exemptions for particular types of national infrastructure works, uniform primary legislation on the subject of development permits in local authorities and converting buildings currently deemed under nonconforming use to apartments for residential use.
July 5, 2015
Court ruling with a deterrent effect – imposing personal liability on directors of an Israeli non-profit organization (NPO)
In May 2015, the Jerusalem District Court issued a judgment imposing personal liability in light of lawful conduct of the affairs of an NPO, on the general manager and authorized signatory of the NPO, as well as on the estate of the general manager’s father, OBM (who had been the chairman of the NPO’s executive board). The Court adjudged them personally to pay the inclusive sum of approximately NIS 13 million.At issue is an NPO which, according to its formal-registered objectives, was established for the purposes of assisting victims of drug-related crimes, of increasing the public’s awareness of the pervasiveness of drug abuse, of providing information on drug-related issues and of increasing the public’s awareness of drug-induced violence. Already in 2011, the court had issued a liquidation order against this NPO, after the Registrar of Amutot (NPOs) had appointed an investigator to investigate the NPO and his report of severe findings had prompted the Registrar to file a motion with the court to liquidate the NPO. At that time, based on the investigator’s report, the court had ruled that it was clearly the court’s duty to liquidate the NPO for the good of the public and appointed a liquidator for the NPO’s assets pursuant to the liquidation order. The investigator’s report on the NPO indeed contained severe findings: that the NPO’s institutions were dysfunctional and failed to supervise the activities of the NPO’s general manager, whose actions were contrary to the interests of the NPO and had nothing to do with fulfillment and promotion of the NPO’s objectives, while misleading the NPO’s donors and exploiting their goodwill and ingenuousness. Thus, the report found, inter alia, that the NPO had raised a substantial amount of donations from the public, but took no action to promote NPO’s objectives; in fact, the gist of the NPO’s activities amounted to recruiting donations for the purpose of paying salaries to the NPO’s employees (which itself constitutes a prohibited distribution). The report also found that, in addition to the routine fund-raising setup, the NPO also kept a separate extensive fund-raising setup that was off the NPO’s books; that the funds collected through charity boxes (approximately 1,500 charity boxes dispersed at different places of business) and payment vouchers never reached the NPO, but rather, were unlawfully misappropriated by functionaries at the NPO and used to pay salaries. The report also found that cash payments were being made to employees without duly reporting them to the tax authorities.In light of all of the above, and as a result of the liquidator’s motion, the court ruled that the NPO’s general manager and the estate of the NPO’s executive board chairman (the general manager’s father) shall each be adjudged to return approximately NIS 6.5 million to the NPO, and collectively, approximately NIS 13 million. The judgment also appointed the liquidator (who was appointed pursuant to the aforesaid liquidation order), as the receiver of the real-estate assets and land rights of that general manager and on all assets of the chairman’s estate for the purpose of realization of the judgment and at the sum of the adjudged debt. Pursuant to the provisions of the Israeli (Non-Profit Organization) (‘amutot’) Law, the proceeds to be received in the NPO’s liquidation account as a result of the realization of the aforesaid assets shall be transferred to other NPOs having similar objectives for use towards fulfilling the objectives for which the public’s donations had originally been raised.This judgment constitutes an example of the imposition of personal liability on directors and officers of an NPO without requiring any lifting of the corporate veil. Pursuant to the provisions of the law, a person may be held personally liable and adjudged to pay obligations and debts of an NPO if the NPO was being fraudulently operated or if inappropriate use was being made of funds by those in charge, while breaching the duties of fiduciary and care that are imposed on them (pursuant to sections 373 and 374 of the Companies Ordinance, which apply to an NPO under liquidation by virtue of section 54 of the NPO (‘amutot’) Law). Furthermore, this judgment shines a spotlight on the importance of an NPO to act in accordance with its registered objectives and fulfillment of those. According to the provisions of the law, an NPO must act in accordance with its formal-registered objectives and prohibited from performing actions that do not fall within the scope of its objectives. Moreover, an NPO must utilize its resources (funds, assets, goodwill, equipment etc.) solely for the purpose of promoting its objectives. If an NPO has received funds, whether as donations or as support for the purpose of promoting a particular objective, it must use those funds for the objective for which they were provided and not for any other objective (even if such other objective does fall within the scope of the NPO’s objectives). Furthermore, if the representation given to donors is that a particular use shall be made of funds raised for the NPO, those funds must be expended for that purpose and may not be accumulated or allocated for other uses (even if they do fall within the scope of the NPO’s objectives). Activities by an NPO that are not in conformity with its stated objectives may lead to its liquidation, to the imposition of personal liability on directors, officers and functionaries of the NPO, and even, in particular instances, to the imposition of criminal sanctions.
June 30, 2015
New Requirements Increase Risks for Directors
Does the new summary report which was published by the  Israel Securities Authority on the subjects of dividend distributions and buy-backs of shares, place high barriers to the ability of boards of directors to pass future resolutions? 
June 25, 2015
Employment of youths in the summer vacation
As an expert in Labor law, Marie Tsion was interviewed in the economic section of "Yedioth Ahronot" regarding the employment of youths in the summer vacation. Marie elaborated on the relevant requirements for an employer who decides to hire youths.
May 27, 2015
Barnea represents TDT Specialist SRL
Eli Reifman, former CEO of Emblaze, and managers at MCE Systems are being sued by a Romanian company,TDT Specialist SRL, for 63 NIS million. TDT is represented by Adv. Zohar Lande and Adv. Gal Livshits. 
April 13, 2015
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As part of the coalition negotiations, the" HaBayit HaYehudi" party demands the amendment of the "Non-Profit Organizations" Law  as a condition of its entry to the government. Adv. Asaf Shalev, who specializes in advising non-Profit organizations, has written in an opinion piece which has been published in Maariv.
April 12, 2015
April 2015 News flash – labor laws
An amendment to the Minimum Wage Law was recently promulgated, which will be gradually applied with reference to four periods. The first period begins on April 1, 2015, when the minimum wage is to be updated to NIS 4,650 (gross). The first update must be made in the April 2015 wage, which is payable at the beginning of May 2015. All employers in the economy, including employers who are not employing employees at minimum wage, must specify the minimum wage rate in all pay slips. As a result, pay slips must be revised accordingly. Pursuant to the law, for the purpose of calculating compliance with the minimum wage, base wage/combined wage, cost of living increases and permanent allowances being paid to employees on account of their work must be taken into account. The subsequent minimum wage updates shall be as follows: Ÿ     On April 1, 2016, the wage shall be updated to the higher of NIS 4,650 or 47.5% of the average wage in the economy as it shall be on that date. Ÿ     On July 1, 2016, the wage shall be updated to the higher of the wage during the second period or NIS 4,825. Ÿ     On January 1, 2017, the minimum wage shall be updated to NIS 5,000. If you need additional details or advice regarding specific circumstances, feel free to contact our Labor Law Department.
March 16, 2015
Election Day: Can the employer oblige you to work?
Election Day in Israel is considered a day off. The employer cannot oblige its employees to work without this day off - except for a series of public services established by the CEC. As an expert in the employment field, Marie Tsion was interviewed by Ynet regarding the rights of employees.
March 10, 2015
New Procedure for Work Visas for Foreign Experts
The Israel Immigration Authority recently published a new, experimental, streamlined procedure for issuance of work visas for foreign experts, allowing the holder to work in Israel for up to 30 days over a 12 month period. Previously, multinational companies that wished to send professionals to Israel to work with their Israeli RD centers or strategic partners for short periods of time were required to apply for and obtain a work permit (from the Ministry of Economy) and then a work visa at an Israeli consulate abroad, all before entering Israel. Under the new procedure, application for a work permit for an expert employee will be expedited, with full processing completed within 6 days in most cases.  Once the work permit is granted, the expert may enter Israel as a tourist, provided that he or she reports to the Immigration Authority within two business days of arrival, where the tourist visa will be converted to a work visa. This new process should lessen the burden on multinationals or non-Israeli acquirers that require their expert employees to supervise operations in Israel, and it allows these companies to send their experts to Israel on an urgent basis.
March 2, 2015
Importance of employment contracts - Marie Tsion's lecture at the Human Resources Managers Forum
Marie Tsion to participate in a Human Resources Managers Forum at the Emek Yezreel Academic College. Marie was lectured about the importance of employment contracts and the way it may influence the position of HR manager in the organization.
March 1, 2015
Amendment no. 14 to the Non-Profit Organizations Law
Amendment no. 14 to the Non-Profit Organizations (Amutot) Law, came into effect in February, 2015.The purpose of the Amendment is to hone the rules of corporate governance that apply to amutot and includes provisions designed to strengthen the nature of the audit in amutot, increasing transparency and strengthening the oversight and investigation authorities of the Registrar of Amutot. The Amendment sets out provisions for the following issues: mandatory appointment of an internal auditor for an Amutah; expansion of the authorities of the Audit Committee (or the Audit Body of an amutah, as the case may be); granting oversight authorities and certification of supervisors by the Registrar of Amutot; expansion of the oversight authorities of the Registrar of Amutot through the use of external inspectors; expansion of the oversight authorities of the Registrar of Amutot regarding independent investigation of an amutah (and without the appointment of an external investigator); and various general provisions in a number of areas related to the relationship between the Registrar of Amutot and the amutot, and between the amutot themselves. One of the main changes in the Amendment relates to a new entity in an amutah - the internal auditor. An amutah with a turnover exceeding NIS 10 million (or exceeding a higher amount to be determined by the Minister of Justice) - must appoint an internal auditor (“Internal Auditor”) in addition to the existing internal auditing bodies that are stipulated in the Amutot Law (Audit Committee, or the Audit Body as the case may be, and the Auditing Accountant). The Internal Auditor will report to the Audit Committee on all matters related to professional issues, and to the Executive Board of the amutah on hierarchical-organizational matters. The appointment of the Internal Auditor will be done by the Executive Board of the amutah with the approval of the Audit Committee, and in the event of a disagreement, the General Assembly will decide. Responsibilities of the Internal Auditor include, inter alia: (a) submitting a proposal for the annual or periodic work plan for the approval of the Executive Board, after the Audit Committee has examined it, and the Executive Board will approve it, with the changes it sees fit; (b) conducting an internal audit, in addition to the aforementioned work plan, on matters that may arise for urgent examination as imposed upon him by the Executive Board or the Audit Committee; (c) submitting a report on the findings as part of the annual and/or periodic work plan - to the Executive Board, CEO and the Audit Committee of the amutah.​Amendment No. 14 also includes provisions which expand the authorities of the Audit Committee (or the Audit Body of an amutah, as applicable). Such expansion includes identifying and fixing problems in the amutah’s business administration, inter alia, by consulting with the amutah’s Internal Auditor or with its accountant, and to make proposals to the Executive Board regarding ways of correcting such problems.Additionally, added to the authorities of the Audit Committee, is the authority to examine the internal auditing system, including the Internal Auditor’s work plan, the amutah’s accountant remuneration and also to make arrangements regarding the manner of handling complaints brought by amutah employees regarding flaws in the conduct of its business and regarding the protection that will be provided to employees who complain, as aforementioned. 
February 4, 2015
Dispute between Israeli company and Royal Jordanian Airlines erupts over package tours for Israeli Arabs to Saudi Arabia via Jordan
Milad Aviation Ltd., an Israeli company, is claiming that Royal Jordanian Airlines negotiated in bad faith for many years, delaying the conclusion of a written agreement, and then hijacked the whole venture for themselves. Milad Aviation Ltd, represented by Adv. Zohar Lande, threatens lawsuit of NIS 20 million against Royal Jordanian Airlines. For the full article, please click here
January 27, 2015
Draft maritime zones bill to clear the water for Oil & Gas Exploration
The recent decision of the Antitrust Commissioner with regard to the existence of a natural gas monopoly illustrates all the more emphatically the absence of an orderly legislative framework to regulate all matters pertaining to oil and gas exploration and production in Israel. Nevertheless, moves are being made to clarify the regulatory framework concerning off shore Oil Gas. A few weeks beforethe Commissioner’s decision,  the government had submitted a draft bill to the knesset on the matter of Israel's maritime zones. The draft bill is worded in a way that adopts the customary provisions of the international Convention of the Law of the Sea of 1982, even though the State of Israel is not one of its signatories. The draft bill defines five maritime zones, including the exclusive economic zone of the State of Israel. Besides defining the boundaries of the exclusive economic zone, the draft bill also prescribes the State’s powers and authorities and the laws that shall apply to that zone. The adoption of the draft bill by the knesset will create certainty and reduce the ambiguity surrounding all issues pertaining to oil and gas exploration, production, utilization and management in Israel’s economic waters. and should encourage foreign companies to consider entry into the Israeli market.
January 13, 2015
Marie Tsion will lecture at the Upper Galilee Human Resources Managers Forum
On  12 February 2015, Marie Tsion, head of employment law, will participate in the HR Managers Forum of the northern region. The forum includes CEO’s and HR managers of leading companies and meets once a month at the Upper Galilee Regional Council.
January 13, 2015
Whitewater Holdings must pay 127 000 NIS to its former Vice President, Aviad Caspi
The Magistrate's Court in Tel Aviv accepted the claim of "Mika Benroy", a company  owned by Mr. Aviad Caspi, a former business development vice president of Whitewater Holdings. Caspi is also the  son in law of businessman, Edwin (Benny) Tish. Caspi submitted the claim  against  Whitewater Holdings, of which Uri Yogev is the founder and former Chairman of its Board of Directors . The Magistrate's Court decided that Whitewater Holdings must pay an amount of approximately 127 000 NIS to "Mika Benroy" (Caspi’s company) for services given to Whitewater Holdings, for which no consideration had been paid. The suit was filed by Adv. Zohar Lande, Adv. Shai Sharvit and Adv. Itay Wigoda from Barnea 
January 11, 2015
You’ve been on a job interview but are still waiting for an answer ? The employer must now inform the job seeker
The new amendment to the Notice to Employee (Employment Terms) Law, 2002 will require employers to give written responses to job applicants whether or not they have been hired. The new amendment will take effect at the end of January. Today, hiring procedures can include a number of in-house interviews, assessment centers and more. Thus the employee recruitment process has become increasingly longer. Candidates often have to wait lengthy periods before receiving a reply from employers and sometimes do not get a reply at all.  Candidates are left with considerable uncertainty regarding the important issue of pursuing a career. The amendment is intended to address these issues. Adv. Marie Tsion, an expert on Employment Law, wrote an article for Ynet about the effects of the new amendment. 
December 16, 2014
The Treatment of Electrical and Electronic Equipment and Batteries Law
The Treatment of Electrical and Electronic Equipment and Batteries Law came into effect recently. Asaf Shalev,head of Environmental Law at Barnea Co explains the Law and its ramifications for suppliers, distributors and marketers.
December 16, 2014
Treatment of Electronic Waste
The Environment Treatment of Electrical and Electronic Equipment and Batteries Law (the “Law”) came into effect recently, as well as the regulations promulgated thereunder. The Law and the regulations prescribe arrangements for the environmental treatment of electrical and electronic equipment, batteries and accumulators in Israel in order to encourage re-use of electrical and electronic equipment, batteries and accumulators and in order to mitigate the negative effects of such equipment and batteries and of the waste generated by them on the environment and on public health. The Law adopts recommended EU practices and constitutes an additional layer in the Ministry of Environmental Protection’s policy for handling solid waste and is being added to other arrangements in effect addressing this issue. First, the law defines "electrical and electronic equipment". Excluding batteries and accumulators for which the definitions are pretty clear, the law determinates a number of technical conditions and cumulative definition of electrical and electronic equipment. Included - fridge, microwave, washing machine, computer, etc., the law also lists the items for which the law is not applicable, for example - electrical and electronic equipment contaminated medical, medical electronic devices for transplant, incandescent lights, and other motor vehicle. Another main and principal section of the Law prescribes provisions specifying the responsibilities imposed on all parties involved in the chain of sales of electrical and electronic equipment, batteries and accumulators in Israel. These include manufacturers, importers, vendors and holders of electronic waste. The responsibilities and obligations imposed on manufacturers and importers under the Law are the broadest from among all aforementioned parties in the chain of sales of electrical and electronic equipment and batteries. Thus, the obligations of manufacturers and importers pursuant to the Law include,inter alia: the obligation to recycle electronic equipment, batteries and accumulators according to a scale of annual quantities; report obligations to the Ministry of Environmental Protection; the obligation to prepare and publish procedures for environmental treatment and preparations for re-use of each type of electrical and electronic equipment, batteries and accumulators that they sell in Israel. The obligations of vendors pursuant to the Law include, inter alia: obligating vendors that are selling electrical and electronic equipment (that is also suitable for household use) to accept the electrical and electronic equipment waste handed over to it by the buyer (that is also suitable for household use) in their places of business at the time of sale or at the time of delivery; the obligation to store equipment and battery waste; the obligation to engage with an ‘accredited compliance body’ for the purpose of removing and transferring the equipment and battery waste in their possession and to pay for the aforesaid removal; and the obligation to keep records of the waste equipment that was so accepted and removed. The obligations of holders pursuant to the Law include engaging with an ‘accredited compliance body’ for the purpose of removing the equipment and battery waste in their possession (the cost of the waste removal shall apply to that ‘accredited compliance body’). The last sections of the Law prescribe provisions regarding penalties (fines and arrests according to three levels of severity); provisions regarding the obligations and liabilities of office holders (and the imposition of fines in respect of violations); and administrative pecuniary sanctions resulting from breaches of relevant obligations prescribed in the Law (depending upon the degree of severity of the breach). 
December 11, 2014
Barnea & Co. represented Israel Natural Gas Lines
The Real Estate department, headed by Ariel Nadler, represented Israel Natural Gas Lines in the petition filed against it by Kibbutz Regavim. The judge rejected the petition stating that she did not see a reason to interfere in the government’s decision. In her view, once the safety concerns had been cleared, the kibbutz should have withdrawn the petition, which it did not do, The kibbutz will have to bear petition costs of NIS 4,000,000. 
November 6, 2014
Time to Start-Up! Follow the Challenging Road
Barnea and The MIT Enterprise Forum of Israel is delighted to invite you to a unique seminar: Time to Start-Up! Follow the Challenging Road. The event will take place on 19th November 2014, 16:30 - 20:15 at the Tel Aviv University.
October 19, 2014
Being followed at work: what is allowed and what's not?
The increased use of technology in the workplace has created new concerns for both employers and employees in the area of privacy. Do Employers have the right to monitor their employees? Read more.
September 10, 2014
Ms. Hana Gertler (Co-founder of Whitewater) will testify in the “Whitewater Holdings” trial
Further to the request of the Canadian businessman, Mr. Edwin (Benni) Tisch, businesswoman Hanna Gertler will testify in the Whitewater trial, in accordance with the decision of Justice Ruth Ronen, of the Economic Department of the District Court in Tel Aviv. Tisch claims that Whitewater and Yogev made false representations and acted fraudulently, causing Tisch to invest millions in Whitewater Holdings. Whitewater Holdings is in receivership and creditors are owed approximately NIS 19 million. To read more, please click here
August 1, 2014
International Labor and Employment Law Committee
During the International Labor and Employment Law Committee Midyear Meeting in Tel Aviv, the Committee asked a panel of leading attorneys, which included Marie Tsion. The panel dealt with women in a global practice and the challenges they face. To read more, please click here
April 30, 2014
The publisher Israel Mizrahi is suing his former partner
The publisher Israel Mizrahi  is suing his former partner Lior Sharf in an amount of about  NIS 11 million, claiming  that he has been misled through cover-up and concealment" Mizrachi, represented by adv. Zohar Lande and Daphne Klein, from Barnea, claims that Mr. Sharf covered up and concealed financial information related to Agam Publishing, their former business partnership. 
April 9, 2014
Barnea & Co. represented "IN SPI AIR"
The Tel Aviv District Court rejected yesterday (Tuesday) a claim of NIS 67 million that was filed by the Canadian businessman David Geller, against the LR Group and start-up "IN SPI AIR". IN SPI AIR  was represented by adv. Zohar Lande and adv. Gal Lifshitz
February 9, 2014
Mediation between Ori Yogev and Benny Tisch regarding “Whitewater Holdings” has failed
The Canadian businessman, Benny Tisch, has filed a claim against Ori Yogev, currently Director of the Government Companies Authority, in the amount of NIS 15 million.  Tisch claims that Yogev made false representations and acted fraudulently, causing Tisch to invest millions in Whitewater Holdings. Whitewater Holdings is in liquidation and creditors are owed NIS 19 million.
December 19, 2013
The former shareholer in Vita will not be sued
The Tel Aviv court has overturned and a court order allowing service of the claim against a former shareholder in a company called "Vita" outside of the Israeli jurisdiction.
December 15, 2013
Offering securities through an online platfor
There is a growing interest in raising funds online. This is owing to the fact that the Internet provides a wide exposure to diverse audiences. This creates an opportunity for small enterprises to be exposed to alternative and new financing options, that in the normal course would not be available to them. This, in turn, allows the enterprise to widen their circle of potential investors. 
January 15, 2013
Claim in the amount of NIS 15,000,000 against Uri Yoggev
Claim in the amount of NIS 15,000,000 against Uri Yoggev: "He has provided false representations and has acted fraudulently". The claim was filed through Advocates Zohar Lande, Shay Sharvit and Itay Wigoda of Barnea Law Offices. To read more, please click here
November 4, 2012
Barnea & Co. filed an urgent request for provisional foreclosure and a prohibition of disposition order against Gad Zeevi
Advocates Zohar Lande and Itay Wigoda of Barnea filed an urgent request for provisional foreclosure and a prohibition of disposition order against Gad Zeevi. The purpose of the request is to guarantee that Gad Zeevi will pay to Zeev Rom the amount awarded to Zeev Rom in recent litigation.
July 2, 2012
The ICC Group was sued by the Administrator General
The ICC Group was sued by the Administrator General for 150 million NIS, who argued that the trustees acted in severe negligence while cancelling the loss of profits insurance. The group is represented by Advocates Zohar Lande, Shai Sharvit, Itay Wigoda and Levi Metchnik of Barnea 
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