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Yigal Arnon & Co

1 AZRIELI CENTRE, TEL AVIV 67021, ISRAEL
Tel:
Work +972 3 608 7777
Fax:
Fax +972 3 608 7724
Email:
Web:
www.arnon.co.il
Jerusalem, Tel Aviv, Tel Aviv

Barak S. Platt

Tel:
Work +972 3 608 7719
Email:
Yigal Arnon & Co

Work Department

Commercial Law, Corporate Finance, High-Tech, Mergers and Acquisitions, Venture Capital and Private Equity.

Position

Barak Platt is a partner in the firm's commercial department and specializes in Mergers and Acquisitions, High-tech and Venture Capital and Private Equity. His clients range from large multinational corporations to early-stage start-ups as well as venture capital funds and private equity funds. Barak has been recognized repeatedly by leading international legal guides as an expert in his practice areas and as a recommended lawyer.

For over 25 years practicing law both in Israel and the United States, Barak has served as lead counsel in numerous merger and acquisition transactions, addressing all aspects of those transactions, including intellectual property issues, tax aspects and regulatory matters.

In addition, over the years many of the leading players both in the Israeli and the global venture capital scene have turned to Barak to assist them in hundreds of investments in portfolio companies.

Career

Before moving to Israel, Barak spent numerous years practicing law in Los Angeles at Skadden, Arps, Slate, Meagher & Flom LLP and in San Francisco at McCutchen, Doyle, Brown & Enersen (now Bingham McCutchen LLP).

After graduating law school at the University of California, Berkeley (Boalt Hall), Barak served as a legal clerk to United States District Judge Earl B. Gilliam in the Southern District of California.

Barak has been a partner at Yigal Arnon & Co. since 2001.

Languages

Barak is fluent in English and Hebrew.

Member

Barak was admitted to the California Bar in 1987 and to the Israel Bar in 1993.

Education

Barak graduated from the University of Pennsylvania Magna Cum Laude in 1984 and received his law degree from the University of California, Berkeley (Boalt Hall) in 1987.


Israel

Commercial, corporate and M&A

Within: Commercial, corporate and M&A

The corporate team at Yigal Arnon & Co is ‘personally invested in satisfying its clients’ needs’ and was involved in some of Israel’s highest-profile M&A in 2016-2017. Barak Platt advised Intel Corporation on its $15.3bn acquisition of Mobileye, while Barry Levenfeld acted for Mexichem in its $1.5bn acquisition of a controlling stake in Netafim. Following its merger with Weinstock Zecler & Co., the firm welcomed Micki Shapira and Gidon Weinstock to the team.

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Hi-tech, start-ups

Within: Hi-tech, start-ups

The lawyers at Yigal Arnon & Co are ‘personally invested in their clients’ needs’ and ‘know no off-hours’. Jointly led by Barry Levenfeld and Barak Platt and acting primarily for international tech companies, the department was involved in the largest Israeli tech M&A in 2017, and the largest Israeli tech M&A in 2016. Start-up clients include Rounds and GreenIQ.

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Legal Developments by:
Yigal Arnon & Co

  • Perhaps the QuadragaCX Story Will Have a Happy Ending

    While there are the aficionados who will say that cryptocurrencies will free us of the chains of the global financial institutions, on the occasions when the world of cryptocurrencies intersects with the world in which most of us live, the news is generally bleak. While you may not know one side of a Bitcoin from the other, you probably know that its value has crashed over the last 13 months, you may even have heard about some of some of the larger cryptohacks (that is computer heists through which digital currencies belonging to investors are stolen from crypto trading exchanges). And over the last week or so, you may have read on mainstream news sites about the death of Gerald Cotton the CEO of Canada’s largest cryptoexchange QuadragaCX. The death of the CEO of a company that few had previously heard of, was news of course, because in his passing he had taken the passwords to the accounts of his customers with him. The result of this being that about $140 million of their money was stuck somewhere between this world and the celestial ether in which Mr. Cotton now resides. Of course, it wasn’t quite told like that. We were fed terms such as “private keys,” lack of “multi-signature protection,” “cold storage wallets” and more readily understandable – “cryptofraud”. Again!
    - Yigal Arnon & Co

Legal Developments in Israel

Legal Developments and updates from the leading lawyers in each jurisdiction. To contribute, send an email request to
  • Perhaps the QuadragaCX Story Will Have a Happy Ending

    While there are the aficionados who will say that cryptocurrencies will free us of the chains of the global financial institutions, on the occasions when the world of cryptocurrencies intersects with the world in which most of us live, the news is generally bleak. While you may not know one side of a Bitcoin from the other, you probably know that its value has crashed over the last 13 months, you may even have heard about some of some of the larger cryptohacks (that is computer heists through which digital currencies belonging to investors are stolen from crypto trading exchanges). And over the last week or so, you may have read on mainstream news sites about the death of Gerald Cotton the CEO of Canada’s largest cryptoexchange QuadragaCX. The death of the CEO of a company that few had previously heard of, was news of course, because in his passing he had taken the passwords to the accounts of his customers with him. The result of this being that about $140 million of their money was stuck somewhere between this world and the celestial ether in which Mr. Cotton now resides. Of course, it wasn’t quite told like that. We were fed terms such as “private keys,” lack of “multi-signature protection,” “cold storage wallets” and more readily understandable – “cryptofraud”. Again!
  • Israel Chapter in The Virtual Currency Regulation Review

    Earlier this year, the Israel Tax Authority (ITA) issued two circulars, one on the taxation of digital tokens and the second addressing the taxation of utility tokens in initial coin offerings (ICOs). Additionally, in March, the Israel Securities Authority (ISA) released a detailed interim report by the Committee for the Regulation of Public Offerings of Decentralized Cryptocurrency Coins (Report) (with a follow-up report due to come out around October 2018). Moreover, it is expected that before the end of 2018, legislation will come into force that for the first time will see Israeli primary legislation define virtual currencies as financial assets and mandate licensing for related services, as is later discussed in detail.
  • Spring is coming for real estate registration in Israel

    Israel may be the “Start-up Nation” and a world-renowned center of technological innovation, yet for many years the procedures and conduct of the Israeli Land Registry have been trapped in the past.
  • PLATFORMS FOR HIGH NET WORTH INVESTORS IN ISRAELI HIGH-TECH

    Israeli hi-tech and its sources of funding have grown and diversified tremendously since the bubble burst in 2001 and over the last decade since the height of the financial crisis in 2007-2008.
  • NONDISCRIMINATION IN 5G STANDARDS

    Nondiscrimination has been the neglected stepchild of the FRAND commitment. Patent owners participating in standards organizations typically commit to license their technology on “fair, reasonable, and nondiscriminatory (“FRAND”) terms.”
  • Crash Course on Non-Disclosure Agreements

    Non-disclosure agreements are a crucial, but often overlooked, tool in allowing startup companies to grow, build strategic partnerships and explore new business relationships necessary to develop their product or bring it to market. These agreements are often short (sometimes only a page or two) and lead many founders to forego legal advice to get past this "formality" and begin working with the other party to the NDA. Yet, NDAs are important agreements with potentially far-reaching implications for the protection of a company's confidential information and intellectual property, and mishandling of NDAs can come back to haunt a startup years later.
  • Advocates Eli Greenbaum and Ezra Gross of Yigal Arnon & Co. in The Lawyer Special Report editorial

    An interview-style piece in The Lawyer, Law in Israel: moving beyond tech, quoting Eli Greenbaum and Ezra Gross:
  • Publication of Adv. Adrian Daniel's Commentary in Private Banker International on GDPR & Blockchain

    Publication of Adv. Adrian Daniel's Commentary in Private Banker International on GDPR & Blockchain.
  • Article in MEA Markets on GDPR & Israeli Law

    GDPR & ISRAELI PRIVACY LAW - KEY DIFFERENCES Yoheved Novogroder-Shoshan & Miriam Friedmann of Yigal Arnon & Co. outline the key differences between GDPR & Israeli Privacy Law.  mea_markets_-_gdpr__israeli_law_-_key_differences_14.05.2018
  • Clarifications regarding Supervision of Financial Services Law (Regulated Financial Services)

    Authored by Adv. Simon Weintraub, Adv. Shiri Shaham, Adv. Yuval Shalheveth of Israeli law firm, Yigal Arnon & Co.: