Firm Profile > Yigal Arnon & Co > Tel Aviv, Israel
Yigal Arnon & Co Offices
1 AZRIELI CENTRE
TEL AVIV 67021
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Yigal Arnon & Co > The Legal 500 Rankings
Capital markets Tier 1
The team at Yigal Arnon & Co is 'always accessible' and 'absolutely committed to getting a deal done'. By some clients' measure, the firm's service across a wide range of securities matters is 'second to none'. The group has advised Israeli corporates on debt and equity issuances domestically and abroad, and also has experience acting for international banks in relation to global debt offerings. Of particular note, Simon Weintraub advised China International Capital Corporation Hong Kong and Jefferies Hong Kong, as joint underwriters, on the IPO of Sisram Medical on the Stock Exchange of Hong Kong (SEHK), making it the first Israeli company to list on the SEHK. Further, Weintraub and Shiri Shaham acted for JP Morgan Securities, CitiGroup Global Markets, and HSBC Securities, as lead underwriters, in relation to a $2bn private placement by Delek & Avner of senior secured notes to Israeli and foreign institutional investors. Another key figure is Daniel Marcovici, who has handled high-value domestic bond issuances for Nextcom Group, Ramot in the City, and Peninsula Group. Also recommended are Gil Oren and Assaf Mesica, who assisted Israel Natural Gas with its first listing for trading on the TASE.
Yigal Arnon & Co is best known for hi-tech deals, where its corporate team is 'well suited to larger technology companies and growth companies'. In a standout matter, Barry Levenfeld acted for Mexican public company Mexichem in relation to its $1.5bn acquisition of Netafim. Also of note, David Schapiro and Eliran Furman are advising SteadyMed on its reverse triangular merger transaction with United Therapeutics Corporation in aggregate value of approximately $216m. Additionally, Orly Tsioni assisted the shareholders of Brack Capital Properties with its $302m sale of control in the company to Redzone Empire Holding. Also recommended is Barak Platt, who in 2017 was involved in the largest-ever M&A in the Israeli hi-tech space. The practice group was further strengthened in 2019 following its merger with Weinstock-Zecler & Co, which brought to the team Gidon Weinstock and Micki Shapira.
Competition/antitrust Tier 1
In 2019, Yigal Arnon & Co significantly strengthened its antitrust capabilities through its merger with Weinstock-Zecler & Co, which brings to the team Niv Zecler, a stalwart of the Israeli antitrust market. Zecler's team successfully represented Super-Pharm before an antitrust tribunal in proceedings that followed an investigation of certain exclusivity clauses in the client’s commercial contracts, and also jointly representing a client in relation to unprecedented fines being imposed by the Israel Antitrust Authority (IAA) concerning the client’s alleged abuse of market position. A key figure in the team is Ronit Amir-Yaniv, who is representing Minrav Group and its CEO in criminal proceedings for alleged restrictive trade practices that took place during the Gaza War of 2008. In addition, the team is acting for Ashdod Port Company in proceedings arising out of the regulator's decision to declare the client a monopoly and impose administrative fines upon the company and its directors. Also recommended is Shani Rapoport, who advised CVC Group on its merger notice and request for exemption of a restrictive arrangement in relation to its acquisition of Teva's worldwide portfolio of women's health products. The team is also representing a number of Israeli bakers in a class action suit for an alleged restrictive arrangement following an investigation by the IAA.
Yigal Arnon & Co handles a range of consumer, securities, and data and privacy class actions for international tech and retail companies, and many of the largest players in Israel's financial services sector, including banks, investment houses and insurance companies. Of particular note, Barak Tal and Ruth Loven represent Google and its subsidiaries in a multitude of class actions concerning data protection. The team is often instructed by companies' directors and board members, and recently represented the board of IDB Development Corporation and the directors of Africa Israel Group in separate securities class actions. Tal and Loven have also handled securities class actions for major investment houses, including Altshuler Shaham, and Tal and Nir Rosner are representing Deloitte Brightman Almagor Zohar in a class action concerning an accountant's obligation to a company's bondholders in the preparation of the company's financial reports. In addition, a team including Dror Varsano has advised Unilever and its subsidiaries on a wide range of consumer class actions. The department also handles antitrust follow-on class actions.
Energy and infrastructure Tier 1
Yigal Arnon & Co is engaged by government bodies, project companies and contractors, and international lenders in the financing and development of some of the largest energy and infrastructure projects in Israel. Among the most active government-side counsel, the team, which includes Doron Tamir, is acting for the Ministry of Finance, Ministry of Transportation and the Municipality of Jerusalem in relation to all aspects of the Jerusalem Light Rail network. In addition, Tamir and Oren Roth are advising NTA Metropolitan Mass Transit System on the tendering for the design and construction of the Light Rail Transit project in Tel Aviv. On the lender side, Shiri Shaham and Simon Weintraub acted for JP Morgan and HSBC in relation to the provision of a $1.75bn term loan to finance the development of the Leviathan gas field. The team also advised JP Morgan Securities, CitiGroup Global Markets and HSBC Securities USA, as underwriters, on a series of project bond issuances in connection with the Tamar gas field, with an aggregate value of $2bn. Also recommended are Micha Tollman and David Schapiro, who are advising a consortium led by Shapir Civil & Marine Engineering on the construction of a new port in Haifa. The government-focused group was further strengthened in 2019 by its merger with Weinstock-Zecler & Co, which brought Ayelet Simon-Vekslar to the practice group.
Healthcare and life sciences Tier 1
Yigal Arnon & Co brings together a very strong corporate practice and a highly specialised IP team to advise clients in the pharmaceutical, medical device and biotech sectors on a range of IP matters, inbound and outbound licensing, and complex M&A and cross-border investment transactions. Yoheved Novogroder-Shoshan advises FutuRx, a joint venture comprising Johnson & Johnson, Takeda and Orbimed, on pharmaceutical licensing transactions with universities and research institutions worldwide. Novogroder-Shoshan also assisted Alyn Hospital with the establishment of its Innovation Space. Also of note, Barry Levenfeld assisted with the formation of MEDX XELERATOR, a state-sponsored medical devices incubator, and provides the client with ongoing advice regarding commercialisation and arrangements among its partners and investors. Moreover, the firm's corporate team has been involved in a number of cross-border transactions in the biotech and healthcare sectors, which included acting for SteadyMed, the target company, in a reverse triangular merger with United Therapeutics Corporation. Other key figures include Daniel Green and Eli Greenbaum.
Hi-tech and start-ups Tier 1
Yigal Arnon & Co has developed an impressive reputation in the hi-tech market, where it advises clients ranging from Israeli start-ups to multinational giants on high-profile M&A and investment transactions. One key figure in the department is Barry Levenfeld, who advised Mexichem on the widely publicised $1.5bn acquisition of control in the Israeli drip irrigation technology company Netafim. Additionally, Levenfeld and Ben Sandler acted for IBM Corporation in relation to its acquisition of Israeli start-up Cloudigo. The team also has expertise acting on the side of the start-ups. David Schapiro and Eliran Furman advised Magicjack Vocaltec on the $143m acquisition by Nasdaq-listed B. Riley Financial of the client's entire share capital. Similarly, Barak Platt and Ezra Gross acted for Zooz Mobile, an Israeli e-payment company, in relation to its acquisition by PayU Global. The team has also handled significant M&A deals for Houzz, SteadyMed, and Electronic Arts.
Planning and zoning Tier 1
Rated for its ability to 'stay atop the country's ever-changing zoning regulations', Yigal Arnon & Co has been involved in some of Israel's most iconic recent real estate developments. Aner Hefetz and Hagit Bavly are advising Idit Properties on the redevelopment of Atarim Square in Tel Aviv, and continue to act for Azrieli Group in relation to the expansion of the Azrieli commercial centre. Bavly is also assisting The Jewish Agency with issues such as building permits and the city plan for the development of over 2,500 housing units for the elderly. Also recommended are Asaf Eylon, Amalia Meshi, Adam Spruch and Hagai Shmueli, all of whom have considerable experience with large-scale residential and commercial projects, including urban renewals. In the urban renewal space, the team is engaged by developers including Ramot In The City and Rova 1.
Real estate and construction Tier 1
Yigal Arnon & Co is 'deeply familiar with the processes and decisions of the Israel Land Authority' and has 'the invaluable ability to predict any potential problems from the very earliest stages of a transaction'. The team has noted strengths in litigation, regulation and corporate real estate, and is engaged by some of Israel's most prolific real estate companies. In a large-scale mandate, Hagit Bavly is acting for The Jewish Agency in relation to an agreement with the State of Israel for the development of 2,650 residential units for the elderly, which is financed partly through a NIS600m loan from Harel Group. Also recommended are Amalia Meshi and recently promoted partner Naftali Nir, who are advising Azorim Construction on a litany of residential development mandates in connection with the government's Mechir Lamishtaken programme. Additionally, Meshi and Nir are acting for a joint venture between Ofer Brothers Engineering & Development and Azorim Construction in relation to the development of the Herzliya Hills project, which includes 600 residential units and an expansive commercial and business district. Other significant clients include JTLV Group, Apartment for Rent - The Governmental Company for Housing and Rental, and Azrieli Group. Hagai Shmueli, Asaf Eylon and Adam Spruch are also recommended.
Real estate: urban renewal Tier 1
Yigal Arnon & Co has expertise in real estate development, land taxation, planning, finance and litigation, which it brings together to advise Israel's most active real estate developers on large-scale evacuate-rebuild and TAMA 38 projects. Amalia Meshi and Naftali Nir are advising Azorim Construction on a number of urban renewal projects, including a 680-unit development in Netanya and a 400-unit project in Giv'at Shmuel. Similarly, Hagit Bavly and Asaf Eylon are assisting Afikei Smadar with the development process of an urban renewal in Kiryat Gat, which will deliver 438 new apartments in four residential towers. Another key contact is Adam Spruch, who is acting for a private equity fund in relation to the development of over 30 urban renewal projects in central Israel. The team is also acting for Acro Real Estate in an urban renewal in Tel Aviv, involving the demolition of 72 apartments and subsequent construction of 162 units and a large underground parking structure.
Banking and finance Tier 2
Acting for prolific lenders and borrowers, Yigal Arnon & Co is involved in significant project finance mandates, and also has strength across the full range of crypto and fintech issues. Simon Weintraub and Shiri Shaham advised HSBC Bank and JP Morgan as mandated lead arrangers of the term loan facility for the financing of the Leviathan gas field and continues to assist the facility agent and security trustee with ongoing amendments. Conversely, the team acted for The Jewish Agency, as borrower, in relation to a NIS600m loan provided by Harel Group for the development of an elderly housing project. Further, the team has advised international lenders, including Silicon Valley Bank Financial Group and UBS, on lending transactions and various regulatory matters. Another key figure in the team is Yuval Shalheveth, who has expertise in derivative transactions and fintech. The team also handles a range of contentious banking matters, including debt recovery and banking litigation.
Yigal Arnon & Co's service is characterised by 'a level of professionalism that exceeds that of many of its competitors'. The litigation group in particular has been recognised for its 'client-focused approach' and 'extensive legal knowledge'. Barak Tal in particular is 'brilliant'. Tal represents three of Israel's largest banks and one of the largest domestic credit card companies in a variety a disputes, including high-value derivative claims. Similarly, the team, which includes Daniel Abarbanel and Dror Varsano, has handled derivative actions for clients including Bezeq, El Al Israel Airlines, AFI Group and all of Israel's major insurance companies. The group also handles high-stakes ADR, which has included representing the Ministry of Finance, the Ministry of Transportation and the Jerusalem Municipality against CityPass in a series of claims totalling over NIS2bn. Also recommended is Ruth Loven, 'a masterful tactician and a tireless worker'; Loven acted for OJSC VTB Bank in a case that reached the Supreme Court regarding foreign judgment enforcement and collection proceedings in Israel. Other key clients include major sports retailers such as Puma Sports Israel and Nike Israel, and global technology groups such as Microsoft Corporation and Symantec.
Insurance Tier 2
Yigal Arnon & Co provides comprehensive contentious and non-contentious commercial advice to all of Israel's major insurance companies. Further, the firm has invested heavily in its claims practice since 2016, when Yoran Gill joined the firm to expand its liability and tort litigation capabilities. Gill represents Migdal Insurance Company in a number of malpractice and professional negligence claims, and has also handled bodily and property damages claims for Harel Insurance Company. Additionally, Barak Tal represents a variety of domestic insurers and insured companies in commercial litigation, including class actions concerning insurance products and policies.
Yigal Arnon & Co has strengths across the spectrum of commercial IP transactions, from domestic and international licensing deals to IP-driven M&A in a huge range of sectors, including fintech, medtech, telecoms and big data. Two key figures in the team are Yoheved Novogroder-Shoshan and Barry Levenfeld, who have assisted FutuRx with a number of commercial agreements, including licensing deals with universities in Germany, the US and South Korea. Novogroder-Shoshan also advised Oculis, a Novartis Venture Fund portfolio company, on licensing agreements with two academic institutions in Iceland. Also recommended is Daniel Green, who is acting for iPharma (Hong Kong), a joint venture formed by BioLineRx and a Chinese investor, in relation to an in-licensing transaction with Boehringer Ingelheim International. The team also has expertise in open source software and semiconductors, and Eli Greenbaum handles a range of commercial IP work for clients such as Autotalks. Further, Greenbaum has advised Minute on commercial IP deals with US sporting bodies, including NFL, MLB, NBA and PGA.
Yigal Arnon & Co has 'deep expertise in the venture capital field', where it maintains an active investment practice and has experience with fund formation. Yarom Romem acted for clients including Hetz Ventures and AgriNation in relation to the formation of Cayman Islands venture capital funds. Further, the team assisted OurCrowd with the launch of Cognitiv, and is also advising the client on the creation of a Cayman Island fund that will be more attractive to otherwise jurisdictionally weary European investors. The team also acts for institutional investors such as Leumi Partners and Clal Insurance Company.
Restructuring and insolvency Tier 2
The team at Yigal Arnon & Co has experience across the spectrum of restructuring and insolvency-related matters, from debt arrangements and pre-bankruptcy proceedings to liquidation. The department is jointly headed by Amnon Lorch and Gil Oren. On the creditor side, Lorch is acting for Israel Discount Bank, the largest creditor of Eurocom Communications, in relation to the company's widely publicised insolvency, with debts over NIS1.8bn. Conversely, Lorch and Dror Vigdor were appointed by the Official Receiver to act for Israel Broadcasting Authority in connection with its liquidation pursuant to the the Public Broadcasting Law. Additionally, Oren served as one of three trustees for Globus Max and recently succeeded in selling the company's assets to Elco. Further, the team is acting for a group of unsecured lenders in relation to debt arrangements with Scorpio Real Estate, and also handles various customer insolvency matters for banks including Mercantile Discount Bank, Bank Mizrahi-Tefahot, and First International Bank of Israel.
Tax Tier 2
Yigal Arnon & Co has 'a professional and service-oriented' tax team, handling high-end corporate transactions as well as tax litigation. 'A creative and sophisticated lawyer', Eran Lempert has 'a brilliant mind for tax' and provides ongoing operational, transactional and tax structuring advice to major multinationals, including Oracle Corporation, Medtronic, General Electric Lighting, and Microsoft Corporation. Of particular note, the team advised two financial institutions, as underwriters, on the cross-border tax aspects of the first-ever listing of shares in an Israeli company on the Stock Exchange of Hong Kong. Additionally, Lempert has been representing foreign companies that are increasingly finding themselves the targets of ITA audits and tax disputes. Ofir Levy is another contact in the practice group.
Telecoms and media Tier 2
The team at Yigal Arnon & Co is perhaps best known for representing media content providers and Israeli telecoms operators in high-value disputes. A key figure in the department is Ruth Loven, who advises Google on a litany of matters, including alleged privacy violations, IP rights, freedom of expression and advertisements, and also helps represent the company in class actions and administrative proceedings. Also recommended is Ido Chitman, who represents clients such as Dalia Publishing and TALI - The Collecting Society of Film and Television Creators in Israel in various IP and licensing disputes. The team also handles a range of commercial litigation, insolvency mandates and derivative claims for telecoms operators, and has advised multinational technology and media groups, including IBM Corporation and Electronic Arts, on Israel-facing M&A.
Employment Tier 3
The employment team at Yigal Arnon & Co has extensive experience handling the employment aspects of major cross-border M&A and liquidation procedures. Moreover, the team also handles general employment litigation and advises multinational corporates on the employment issues associated with the establishment and maintenance of Israeli operations. A key figure in the practice group is Ben Sandler, whom clients describe as 'exactly the kind of commercially minded lawyer that in-house counsel wants'. Sandler provides ongoing employment advice to international clients such as Avid Technology and Houzz. Also recommended is Shira Lahat, who advises Google on all of its ongoing employment and HR issues, and also assists the client with employment litigation.
Yigal Arnon & Co > Firm Profile
The firm: Yigal Arnon & Co is one of lsrael’s largest and most dynamic law firms. It provides a full spectrum of legal services to a wide range of clients. Clients seek out Yigal Arnon & Co to resolve complex and challenging problems when looking for professionalism, service and integrity.
Clients choose the firm for its good business judgement, a multidisciplinary legal approach and a thorough understanding of the clients’ objectives. A reputation for achieving timely and positive results has attracted high-profile clients, demanding cases and exceptional lawyers.
Areas of practice: Corporate and M&A: Yigal Arnon & Co has an outstanding M&A practice that has been involved in some of the largest and most significant M&A transactions in Israel over recent years. These transactions include the acquisition of Israeli companies by some of the world’s leading global companies, where the firm ran the entire transaction on behalf of the global client.
High-tech and venture capital: Yigal Arnon & Co is a leader in this field, representing many leading Israeli venture capital funds and numerous US and European funds, as well as a whole gamut of hi-tech and life science start-up companies in varying stages of development, from inception through public flotation and beyond.
Life sciences: The firm has developed a specialised life sciences practice to provide customised and professional services to both emerging and more established companies that are transforming life science industries. The firm works with companies from a broad crosssection of the industry, including biotechnology, pharmaceutical, bio-informatics, medical device and healthcare service companies.
Intellectual property: Yigal Arnon & Co’s intellectual property and corporate partnering practice has extensive experience in assisting Israeli and foreign businesses at all stages of development, in protecting and commercialising their intellectual property and proprietary technology.
Tax: Yigal Arnon & Co has developed a widely recognised tax practice representing a wide range of clients from individuals to multinational and international corporations. Its extensive expertise covers corporate and real estate taxation, international tax treaty implementation but also specialist areas such as trust taxation, financial instruments, transfer pricing for international groups, technology transfer, mergers and acquisitions, venture capital fund formation and employee stock option plans.
Capital markets and securities: Yigal Arnon & Co is a recognised leader in securities law. While it has a strong record in assisting clients in listings on the Tel Aviv Stock Exchange, the firm has also participated in more than 100 public offerings of equity or debt securities in the US and Europe on behalf of the issuer, underwriter or key selling shareholders. The assistance to these clients extends far beyond the public offering to encompass ongoing guidance on compliance.
Banking and finance: Yigal Arnon & Co represents Israeli, US and European banks and financial institutions in all manner of services, including the provision of legal opinions to foreign counsel. The firm has been engaged in some of the most complex banking and financial services transactions over recent years and has expertise in complex financial instruments, including derivatives.
Projects, infrastructure and energy: Yigal Arnon & Co. has represented major international consortia tendering for banks, as well as national infrastructure and complex project finance undertakings based on BOT, BOO and other project finance techniques. The firm also often represents the government in major transportation and other tenders.
Real estate and construction: Yigal Arnon & Co represents some of the leading real estate companies in Israel and abroad and is involved in a large number of major property development projects (both commercial and residential) and acquisitions in Israel, Eastern Europe and India.
Dispute resolution: Yigal Arnon & Co represents domestic and international clients in a wide range of cases, including arbitration, commercial litigation and high-profile civil and criminal matters and has an active appeals practice before the Supreme Court. The firm’s litigation group is one of Israel’s leading litigation departments and it has a particularly strong class action defence practice.
|Corporate and M&A||David Schapiro|
|Corporate and M&A||Barry Levenfeld|
|Corporate and M&A||Orly Tsioni|
|Corporate and M&A||Barak Platt|
|Corporate and M&A||David Osborne|
|Banking and finance||Shiri Shaham|
|Banking and finance||Amnon Lorch|
|Banking and finance||Simon Weintraub|
|Banking and finance||David Schapiro|
|Capital markets and securities||Gil Oren|
|Capital markets and securities||Shiri Shaham|
|Capital markets and securities||Daniel Marcovici|
|Capital markets and securities||David Schapiro|
|Real estate||Hagit Bavly|
|Real estate||Amalia Meshi|
|Real estate||Hagai Shmueli|
|Real estate||Asaf Eylon|
|Dispute resolution||Barak Tal|
|Dispute resolution||Ruth Loven|
|Dispute resolution||Orna Sasson|
|Dispute resolution||Hanital Belinson|
|Dispute resolution||Dror Varsano|
|Projects, infrastructure and energy||David Schapiro|
|Projects, infrastructure and energy||Doron Tamir|
|Projects, infrastructure and energy||Oren Roth|
|Labour law and employee benefits||Ben Sandler|
|Labour law and employee benefits||Shira Lahat|
|Family wealth management||Amnon Lorch|
|Family wealth management||David Osborne|
|Family wealth management||Guy Sagiv|
|Intellectual property||Barry Levenfeld|
|Intellectual property||Daniel Green|
|Intellectual property||Yoheved Novogroder – Shoshan|
|Investment funds||Barak Platt|
|Investment funds||Yarom Romem|
|Investment funds||Simon Weintraub|
|Insurance and torts||Yoran Gill|
|Insurance and torts||Ido Chitman|
|Telecommunications and media||Ruth Loven|
|Telecommunications and media||Ido Chitman|
|Competition and antitrust||Ronit Amir Yaniv|
|Competition and antitrust||Shani Rapoport|
|Restructuring and insolvency||Amnon Lorch|
|Restructuring and insolvency||Gil Oren|
|Restructuring and insolvency||Assaf Mesica|
|Restructuring and insolvency||Yuval Bargil|
|Life sciences||Barry Levenfield|
|Life sciences||Daniel Green|
|Mr Daniel Abarbanel||View Profile|
|Ms Noa Afik||View Profile|
|Mr David Akrish||View Profile|
|Ms Ronit Amir-Yaniv||View Profile|
|Mr Avi Anouchi||View Profile|
|Mr Mordehai Baicz||View Profile|
|Mr Yuval Bargil||View Profile|
|Ms Hagit Bavly||View Profile|
|Ms Hanital Belinson Navon||View Profile|
|Mr Jacob Ben-Chitrit||View Profile|
|Mr Ido Chitman||View Profile|
|Mr Adrian Daniels||View Profile|
|Mr Asaf J. Eylon||View Profile|
|Mr Boaz Fiel||View Profile|
|Mr Guy Fuhrer||View Profile|
|Mr Eliran Furman||View Profile|
|Mr Lior Gelbard||View Profile|
|Mr Yoran Gill||View Profile|
|Mr Daniel Green||View Profile|
|Mr Eli Greenbaum||View Profile|
|Mr Ezra S Gross||View Profile|
|Ms Liron Hacohen||View Profile|
|Mr Aner Hefetz||View Profile|
|Mr Benjamin Horef||View Profile|
|Mr Joeri Kreisberg||View Profile|
|Ms Shira Lahat||View Profile|
|Dr Eran Lempert||View Profile|
|Mr Barry Levenfeld||View Profile|
|Mr Ofir Levy||View Profile|
|Mr Amnon Lorch||View Profile|
|Ms Ruth Loven||View Profile|
|Ms Lee Maor||View Profile|
|Mr Daniel Marcovici||View Profile|
|Ms Amalia Meshi||View Profile|
|Mr Assaf Mesica||View Profile|
|Mr Naftali Nir||View Profile|
|Ms Yoheved Novogroder-Shoshan||View Profile|
|Mr Gil Oren||View Profile|
|Mr David Osborne||View Profile|
|Mr Barak S. Platt||View Profile|
|Ms Shani Rapoport||View Profile|
|Mr Yarom Romem||View Profile|
|Mr David J. Roness||View Profile|
|Mr Nir Rosner||View Profile|
|Mr Oren Roth||View Profile|
|Mr Guy Sagiv||View Profile|
|Mr Benjamin M. Sandler||View Profile|
|Ms Orna Sasson||View Profile|
|Mr David Schapiro||View Profile|
|Ms Shiri Shaham||View Profile|
|Mr Yuval Shalheveth||View Profile|
|Mr Micki Shapira||View Profile|
|Mr Hagai Shmueli||View Profile|
|Ms Odelia Sidi||View Profile|
|Mr Adam Spruch||View Profile|
|Mr Peter Sugarman||View Profile|
|Mr Barak Tal||View Profile|
|Mr Doron Tamir||View Profile|
|Mr Micha Tollman||View Profile|
|Ms Orly Tsioni||View Profile|
|Mr Dror Varsano||View Profile|
|Mr Dror Vigdor||View Profile|
|Mr Nimrod Vromen||View Profile|
|Adv Gidon Weinstock||View Profile|
|Mr Simon Weintraub||View Profile|
|Mr Niv Zecler||View Profile|
Staff FiguresNumber of lawyers : 176 Number of partners : 63
LanguagesEnglish Hebrew French Spanish
OtherOther offices : Jerusalem
Advs. Barak Platt, Nataly Damary, Josh Hauser and the intern Idan Adar represented Intel Capital, the technology giant's investment arm, in their investment in Habana Labs, a leading startup in the emerging AI processor space, in a US$75 million in an oversubscribed series B funding. The round is joined by WRV Capital, Bessemer Venture Partners, Battery Ventures and others, including existing investors.
Click here for more information.
Adv. Adrian Daniels, partner at Yigal Arnon & Co. and Co-head of the Fintech practice, shares his thoughts on Cryptocurrency in this Finance Monthly article.
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!
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.
This chapter addresses the applicability of the existing legal framework in Israel to the use and trade of virtual currencies. It further reviews the significant efforts already made by the Israeli regulators to create new, or to adjust existing, legislation and regulations with regard to virtual currencies in an attempt to keep pace with the bustling global virtual currency market, and especially the booming Israeli one (an estimated US$500 million was raised in Israeli-linked ICOs alone in 2017).
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.
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 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.”
- While a number of cases have provided extensive consideration of the first “fair and reasonable” part of FRAND, until recently, U.S. decisions provided only meager analysis of the second “non-discrimination” prong.
- The recent TCL decision3 in the United States and the Unwired Planet decision
- in the United Kingdom provide significant new guidance concerning the FRAND nondiscrimination requirement. Unfortunately, advancing 5G technology will bring new difficulties in applying that requirement, and neither decision will assist in addressing these coming complexities.
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.
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.
A link to the article can be found a href="https://www.verdict.co.uk/private-banker-international/?s=yigal"here
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
Authored by Adv. Simon Weintraub, Adv. Shiri Shaham, Adv. Yuval Shalheveth of Israeli law firm, Yigal Arnon & Co.:
HOW ISRAELI REGULATORS ARE MEETING ICO CHALLENGES
A recent report proposes a balanced approach to ICOs that could add new vigourto the country’s vibrant blockchain sector.
A briefing by Adrian Daniels and Dafna Raz in the Israel Report in The Lawyer
The steady evolution of class action suits in Israel, by Adv. Ruth Loven. Published in FTSE magazine.
Israel: Energy: Oil & Gas
Published: December 2019
Authors: Simon Weintraub Avi Anouchi Ofir Levy Roni Osborne Zahava Moerdler
This country-specific Q&A provides an overview to Energy laws and regulations that may occur in Israel.
Published: November 2019
Authors: Yuval Shalheveth Itamar A. Cohen Roy Keidar
This country-specific Q&A provides an overview to Fintech laws and regulations that may occur in Israel.
Top Tier Firm Rankings
- Capital markets
- Commercial, corporate and M&A
- Dispute resolution: class actions
- Energy and infrastructure
- Healthcare and life sciences
- Hi-tech and start-ups
- Planning and zoning
- Real estate and construction
- Real estate: urban renewal