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The ‘hugely professional’ team at Gross, Orad, Schlimoff & Co. provides among ‘the highest level of service in the industry’. The firm covers insurance and reinsurance in a variety of sectors, but is particularly well known for its work in the aviation industry. Sigal Schlimoff-Rechtman and Harry Orad are the primary contacts, and Omer Shalev joined from El Al in 2016.

Levitan, Sharon & Co continues to act for nearly every Israeli insurance company and many of the international insurance and reinsurance groups operating in Israel. Rachel Levitan and Peggy Sharon are primary contacts in the team, which has specialist partners in areas such as litigation defence, D&O liability and reinsurance.

Naschitz, Brandes, Amir & Co. has extensive expertise in every area of Israeli insurance and reinsurance and is especially active in medical malpractice and professional indemnity. Shimon Chertow is acting for Ingosstrakh Insurance Company in a dispute with the broker of an Israeli business. Amit Mor represents a diamond dealer in a $11m claim against an insurance and reinsurance company.

Zelichov, Ben-Dan & Co is one of ‘the go-to Israeli law firms for insurance claims’. Recently, the team advised Menora Mivtachim Insurance regarding its professional liability coverage for members of the Israeli Bar, and also handled a $120m subrogation and recovery claim following a major fire at Rotem Amfert Negev. Chaim Zelichov, Yaron Ben-Dan and Zvika Zelichov are contacts.

The insurance department at Goldfarb Seligman & Co. is ‘highly professional and always delivers on time’. Headed by the ‘experienced negotiatorRami Sofer, the team acts for Israel’s largest insurance companies and also advises AIG Israel and American International Group.

Herzog Fox & Neeman advises major foreign and domestic insurance companies on Israeli insurance regulation and also handles insurance-related disputes. Neta Dorfman Raviv assisted Zahal Disabled Veterans Organization regarding the provision of long-term coverage for its members.

M. Firon & Co Advocates and Notaries is highly respected in the Israeli insurance field and recently won an enviable mandate from an international reinsurer. Joseph Halevy is advising the Israel Insurance Association on legislative initiatives and industry regulation.

Knowledgeable, creative and readily available’, Granot Speiser Law Office is particularly experienced in D&O and professional indemnity suits, but also handles product liability and reinsurance claims for some of Israel’s best-known insurance companies. Shai Granot is highly recommended. In 2018, the legacy S. Granot & Co. Law Offices firm merged with Speiser Law Offices, bringing corporate and commercial lawyer Oren Speiser to the team.

The service provided by S. Horowitz & Co’s insurance group is ‘characterised by immediate responses, in-depth legal assessments and clear recommendations’. The team, which includes Alex Hertman, Ehud Arzi and Avi Ordo, handles a huge variety of insurance litigation.

Yigal Arnon & Co is extremely active in tort and insurance-related disputes and in that regard ‘compares well to the best firms in Israel’. Yoran Gill acts for many of Israel’s largest insurance companies and defended IEC in a subrogation suit.

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  • Bär & Karrer Advises CEVA Logistics on its IPO, the anchor investment by CMA CGM and its migration

    CEVA Logistics, one of the world's leading third-party logistics companies, successfully priced its IPO and listed its shares on the SIX Swiss Exchange, where trading commenced on 4 May 2018. With a market capitalization of CHF 1.6 billion and generating gross proceeds of CHF 821 million, this is so far considered as the largest IPO on the SIX Swiss Exchange for 2018. In addition, CMA CGM, the third largest container shipping group in the world, has committed to make a strategic cornerstone investment in CEVA Logistics by purchasing CHF 379 million of mandatory convertible securities which will convert into shares of CEVA Logistics once certain regulatory approvals have been obtained. Simultaneously with the IPO, CEVA Holdings, the former holding company of the CEVA group, migrated from the Marshall Islands to Switzerland by way of a cross-border merger with CEVA Logistic as the surviving company.
  • BAG: Employer not liable for harm caused by vaccine

    Employers who have flu vaccines administered within their company are not liable for any harm that might occur as a result of the vaccine. That was the verdict of the Bundesarbeitsgericht (BAG), Germany’s Federal Labour Court, in a recent ruling.
  • Tax Update

    Cyprus Tax Department has announced that, as of June 1 st 2018 , the following taxes, not bearing interest and charges, can ONLY be paid via JCCsmart (website ) . JCCsmart is a Cyprus portal used to contact payments to various organizations including the Government. This measure follows the successful implementation of the Pay As You Earn (PAYE) tax withheld from employees through JCCsmart.
  • Bär & Karrer Advises on the Financing of the Largest Thermoelectric Plant in Latin America

    Centrais Elétricas de Sergipe S.A. (CELSE) has successfully issued bonds for approx. USD 1 billion equivalent in local currency at a fixed, long-term rate in international capital markets. The innovative bond issue is guaranteed by the Swiss Export Risk Insurance (SERV), the export credit agency of Switzerland. The bonds are part of a financial package to finance the development, design, construction, operation and maintenance of a thermoelectric power plant by CELSE in the state of Sergipe in the northeast region of Brazil. Besides the bond issue for approx. USD 1 billion, the transaction includes a USD 200 million loan from the International Finance Corporation and a financial package of the Inter-American Development Bank in the amount of approx. USD 300 million. Once operational expected for in 2020, CELSE will sell electricity to 26 distribution companies in Brazil, becoming the largest and most efficient thermoelectric plant in Latin America and the Caribbean.
  • BAG: Threats made by employee can justify dismissal with immediate effect

    Employers do not have to accept threats made by employees. These can constitute good cause justifying extraordinary notice of dismissal with immediate effect, as demonstrated by a ruling of the Bundesarbeitsgericht (BAG), Germany’s Federal Labour Court.
  • SyCipLaw is Tier 1 Firm in IP STARS 2018 Rankings

    SyCip Salazar Hernandez & Gatmaitan (SyCipLaw) was once again ranked by Managing IP’s IP STARS 2018 as a Tier 1 firm in Patent and Trademarks/Copyright in the Philippines. In addition, SyCipLaw partners Enrique T. Manuel and Vida M. Panganiban-Alindogan are ranked as Trade mark star – Philippines . Mr. Manuel is also ranked as Patent star – Philippines .
  • Bär & Karrer Advises on Partial Self-Tender Offer

    On 21 September 2017, an extraordinary shareholders' meeting of the SIX Swiss Exchange listed N.V. authorized the board of directors to repurchase up to 33 1/3% of the company's share capital by means of a partial self-tender offer. The resolution adopted under Dutch law contained detailed information, among others regarding the period for which the authorization is granted, the manner in which the shares are repurchased and the price range within which the offer price must be set.
  • New Serbian Law on Foreigners Adopted

    In March 2018, the new Serbian Law on Foreigners was adopted, replacing the 2008 version of this law- in force until recently without any amendments. The new law will enter into force on 3 October 2018.
  • The Serbian Law on Foreign Exchange Amended

    On 20 April 2018, the amendments to the Law on Foreign Exchange (the “Law ”) were adopted and will enter into force on 28 April 2018 . Exceptionally, the application of certain provisions related to the assuming of competencies over foreign exchange control by the National Bank of Serbia is delayed until 1 January 2019.
  • Bär & Karrer Advises Vyaire Medical on its Acquisition of Acutronic Medical Systems

    Vyaire Medical, Inc., a global leader in respiratory care, acquired all shares in the Acutronic Medical Systems group, a Switzerland and Germany-based leader in the design and manufacture of neonatal ventilation equipment.