Yigal Arnon & Co. represented OpenRest in its acquisition by Wix.com
Advs. David Schapiro, Peter Sugarman and Guy Lachmann represented OpenRest, a provider of online ordering and mobile solutions for restaurants, in the acquisition of all its shares by Wix.com. OpenRest offers restaurant owners an easy-to-implement, turn-key system enabling online menu and order management, native mobile app development and payment processing. Advs. Ofir Levy and Shai Fahima assisted with tax related issues.
IFLR1000 2015 edition top ranks Yigal Arnon & Co.– placing the firm as one of the top two leading firms in Israel
IFLR1000 2015 edition top ranks Yigal Arnon & Co. in the four practices it covers in Israel, placing the firm as one of the top two leading firms in Israel. The firm is ranked 'Tier 1' in Mergers & Acquisitions, Banking & Finance, and Project Finance, and ' Tier 2' in Capital Markets.
Yigal Arnon & Co. represented Fabrix Systems Ltd. in its sale to Ericsson for $ 95 million
Advs. Kobi Ben Chitrit, Liron Hacohen and Noam Enk represented Fabrix Systems Ltd. in its sale to Ericsson (Telefonaktiebolaget L.M. Ericsson) (NASDAQ:ERIC), the Swedish multinational provider of communications technology and services, for $ 95 million. Advs. Ofir Levy and Shai Fahima assisted with tax related issues.
Yigal Arnon & Co. represented the Google case "Right to be Forgotten"
Advocates Barak Tal , Ruth Loven and Yonat Afriat Manna represented Google in a precedential case arguing that Google is not obliged to remove a search result when demanded to do so by a certain person, when the information is not to his liking.
The court accepted the argument and determined that Google cannot act as a "super censor" in these cases, and hold the liability to deny freedom of information.
Yigal Arnon & Co. Hosted a Delegation of Indian Businessmen
Our firm hosted a business delegation from India, which included executives from the defense industry in India. The event included lectures by Advs. Barry Levenfeld, Ofir Levy, Simon Weintraub and Daniel Green.
Yigal Arnon & Co. hosted a conference: "Strategies to Plan, Invest and Find Success in Today's Market and how to Negotiate the Highly Regulated Globally Taxing Environment.
Yigal Arnon & Co. in cooperation with Bernstein Global Wealth Management and Philip Stein hosted a conference: "Strategies to Plan, Invest and Find Success in Today's Market and how to Negotiate the Highly Regulated Globally Taxing Environment. Adv. Ofir Levy lectured on: "What the new tax regime means for non-Israeli trusts with Israeli beneficiaries".
Yigal Arnon & Co. represented Clarity Ray, an Israeli startup company, in its acquisition by Yahoo!
Advocates Barak S. Platt, Ben Sandler, Ofir Levy, Daniel Green, Eli Greenbaum and Nimrod Vromen represented Clarity Ray, an Israeli startup company developing tools helping publishers and networks identify and prevent ad-fraud, in its acquisition by Yahoo!.
Adv. Kobi Ben Chitrit and Liron Hacohen represented the Company's lead investor, Mr. Saar Wilf.
Clarity Ray's employees will be used by Yahoo! to form its new local R&D hub focusing on internet search frauds.
Yigal Arnon & Co. hosted a delegation of Australian businessman
Our firm hosted a delegation of Australian businessmen led by Mr Cameron Clyne, CEO of the National Australia Bank and with the participation of executives from top-tier Australian companies. The group's visit was organized by the Israel-Australia Chamber of Commerce and Adv. Micha Tollman of our firm, who specializes on the Australian market and worked for several years in Sidney, Australia, in leading global law firms. The event focused on collaboration in the fields of cyber-security, bigdata, fintech and biotech and included a lecture by Adv. Barry Levenfeld of our firm concerning investment and business opportunities in Israel.
Yigal Arnon & Co. represented the public sector in the financial closing of a 3 billion NIS thermal solar project
Advs. Doron Tamir and Ariel Oseason acted for the public sector in the 3 billion NIS financial closing of the Ashalim thermal solar project between the Ministry of Finance, the Ministry of National Infrastructure, Energy and Water Resources and Megalim Solar Power Ltd. (a company formed by BrightSource, Alstom and NOY Fund). The power plant will feature Brightsource's concentrating solar power (CSP) tower technology and will generate around 320 gigawatt-hours annually. Yigal Arnon & Co. has accompanied the project as well as two other big BOT thermal solar projects from earliest stages.
Yigal Arnon & Co. will sponsor the second event of the FinTech Aviv initiative
For the second meetup, Adv. Guy Lachmann will be moderating a panel discussing some of the hot topics related to compliance, identity and security. The event will take place at Patrick's Irish Pub, Rothschild Blvd 39, Tel Aviv, on Sunday August 3rd, at 6:30pm.
Yigal Arnon & Co. represented Cisco Systems Inc. in connection with the IEC fiber optic tender
Advs. David Osborne and Peter Sugarman represented Cisco Systems Inc. in connection with the Israel Electric Corporation tender with regards to the fiber optic venture - in a multi million transaction.
For further details: http://www.timesofisrael.com/israel-gets-revolutionary-fast-fiber-optic-net/
Yigal Arnon & Co. in cooperation with JVP and Deloitte Brightman Almagor Zohar invite you to the "Concept to Company" event
Yigal Arnon & Co., JVP and Deloitte Brightman Almagor Zohar are pleased to invite you to join us and get the toolbox you need to build a company out of a concept. Enjoy great food, drinks and networking with entrepreneurs and industry leaders, share insights, and grow your business.
Yigal Arnon & Co. hosted a 'Legal Morning' event in the Tel Aviv offices
Adv. Ronit Amir-Yaniv lectured on the 'Innovations in the various legal fields in 2014" and guest lecturer Arik Ze'evi lectured on 'Winning the everyday battles'. CEO's and in-house counsels of leading Israeli companies.
Adv. Nimrod Vromen will lecture in the "SOSA Academy Program" about the "Capitalization Tables in the Life of a Startup"
Adv. Nimrod Vromen will lecture in the 'SOSA Academy program' about the Capitalization tables in the life of a startup.
The lecture will take place at SOSA on June 30, 2014 at 16:30.
Yigal Arnon & Co. sponsored the International Commercial Arbitration – The UNCITRAL Model Law and Beyond at the Bar Ilan University
Adv. Barak Tal spoke at the International Commercial Arbitration – The UNCITRAL Model Law and Beyond at the Bar Ilan University.
Yigal Arnon & Co. represented Intuit in its acquisition of Check Inc. for $360 million
Advs. Ben Sandler and Ofir Levy represented Intuit in its acquisition of Check, Inc. , including its Israeli subsidiary (R&D center) – Netgate Software Ltd. for the amount of $360 million.
Yigal Arnon & Co. represented the Azrieli Group and Granite Hacarmel in a transaction for the sale of Tambour Ltd. to the Kusto Group, for an amount of half a billion NIS.
Advocates David Schapiro and Eliran Furman represented the Azrieli Group and Granite Hacarmel in a transaction for the sale of Tambour Ltd. (Granite’s wholly owned subsidiary) to the Kusto Group, which is based in Singapore, for an amount of half a billion NIS.
The transaction was made on an "AS IS" basis and the purchaser deposited a down payment of approximately NIS 70 million upon siging of the share purchase agreement. Upon closing the remainder of the full consideration shall be paid.
Yigal Arnon & Co. represented Enlivex Therapeutix Ltd. in a Securities Purchase Transaction for the issuance of notes to investors in an amount of $7M
Advs. Barry Levenfeld and Zohar Nevo represented Enlivex Therapeutix Ltd. (the “Company”) in a Securities Purchase Transaction for the issuance of notes to investors in an amount of $7M. The consummation of the transaction gives effect to a change of control of the Company. Prior to the transaction, the Company was controlled by HBL – Hadasit Bio Holdings Ltd., a publicly traded holding company of Hadassah hospital. Following the transaction, the Company is controlled by a group of investors lead by Shai Novik and Avri Havron, two Biotech entrepreneurs who successfully led a previous company, Prolor Ltd., to being publicly traded on NASDAQ.
Yigal Arnon & Co. represented the Joint Book-Running Managers JP Morgan, CitiGroup and HSBC in a private placement of senior secured notes in the amount of $2 billion issued by Delek & Avner
Advs. Shiri Shaham, Simon Weintraub and Noam Meir represented the Joint Book-Running Managers JP Morgan, CitiGroup and HSBC as the lead underwriters of a private placement to Israeli and foreign institutional investors of senior secured notes in the aggregate amount of $2 billion issued by Delek & Avner (Tamar Bond) Ltd., a private company jointly owned by the sponsors, Delek Drilling Limited Partnership and Avner Oil Exploration Limited Partnership (each partnership is publicly traded on the Tel Aviv Stock Exchange). This was the largest ever debut USD project bond issuance to be rated investment grade. Proceeds will be used, among other sources, to fund the Tamar and Leviathan offshore natural gas projects in Israel.
BDI 2014 Quality Ranking top ranks Yigal Arnon & Co. in 23 practice areas, the highest number of practice areas ranked
BDI 2014 Quality Ranking top ranks Yigal Arnon & Co. in 23 practice areas, the highest number of practice areas ranked; recognizing the firm as one of the top quality firms in Israel.
Yigal Arnon & Co. is ranked 'Tier 1 – Leading/Dominant' in 19 practices: Corporate/M&A, Hi-tech, Capital Markets, International Commercial Law, Class Actions, Commercial Litigation, Banking & Finance, Real Estate, Construction, Project Finance, Tax, Restructuring & Insolvency, Debt Arrangements, Administrative Law, Local Authorities, Family Wealth Management, Telecommunications, Enforcement & Collection and Antitrust; ranked 'Tier 2 - Leading' in 3 practices: Insurance, Intellectual Property and Environmental Law and ranked 'Tier 3' in Labor Law.
Yigal Arnon & Co. co-sponsored TAU Innovation Day, organized among others by the Tel Aviv University and by TAU's entrepreneurship center, StarTau
The event took place on May 13, and is one of the biggest start-up conferences in Israel. Spoke in the event, among others: Uri Levine Co-Founder at Waze and Founder and Chairman at Feex, Avishai Abrahami, Co Founder at Wix, Shahar Waiser, Founder at GetTaxi, Jonathan Medved, Founder & CEO at OurCrowd, Dr. Yossi Vardi, Aaron Harris, Partner at Y Combinator and Boris Veldhuijzen van Zanten, Founder at The Next Web. The event also included a start-up competition, the TLV Startup Challenge, in which Adv. Zachi Zach from the firm was one of the judges.
Yigal Arnon & Co. sponsored the kickoff event of the new FinTech Aviv initiative
Our firm sponsored the kickoff event of the new FinTech Aviv initiative, Israel's new forum for financial technologies innovators, investors, entrepreneurs and professional experts. The event took place on Sunday, May 11, 2014 and included a key-note speech by Yoni Assia, CEO eToro and presentation by 5 new fintech star startups.
Yigal Arnon & Co. represented Hyperion Therapeutics in its acquisition of Andromeda Biotech for approximately US$570 million
Advs. Barry Levenfeld, Ben Sandler, Ofir Levy, Avigail Frisch and Noam Enk represented Hyperion Therapeutics in its acquisition of Andromeda Biotech for up to US$570 million. At closing, Hyperion will pay approximately US$12.5 million in cash and US$7.85 in Hyperion stock. The remaining consideration will be contingent upon further development of Andromeda's flagship drug and various regulatory and commercial milestones.
Yigal Arnon & Co., in collaboration with the Israel Advanced Technology Industries (IATI), held a seminar on bitcoin on May 13, 2014
Yigal Arnon & Co., in collaboration with the Israel Advanced Technology Industries (IATI), held a seminar on bitcoin on May 13, 2014. The seminar included lectures by Adv. Yuval Shalhevet of our firm concerning "Bitcoin and the law – can they go hand in hand?" and by executives in the Bitcoin EmBassy and Byte – Crypto-currency Innovation Lab, Israel's leading hub for bitcoin ventures and technologies, concerning their activities.
Legal 500 2014 edition top ranks Yigal Arnon & Co. in 12 practice areas - recognizing it as one of the leading law firms in Israel
Legal 500 2014 edition top ranks Yigal Arnon & Co. in 12 practice areas, recognizing the firm as one of the leading firms in Israel. The firm is ranked 'Tier 1' in Corporate/M&A, Hi-tech, Start-ups & Venture Capital, Dispute Resolution and Real estate; and ' Tier 2' in Banking & Finance, Capital Markets, Projects & Energy, Insurance, Competition/Antitrust, Telecoms & Media, Tax and Intellectual Property.
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Yigal Arnon & Co. represented the Israel Natural Gas Lines in its capital raising of an aggregate of NIS 0.5 Billion
Advocates Gil Oren, Assaf Mesica and Jonathan Stark acted for the Israel Natural Gas Lines in its capital raising of an aggregate of NIS 0.5 Billion through a private placement of debentures to institutional investors.
Yigal Arnon & Co. and The Hebrew University Hosted a Roundtable Forum on Accessibility
Yigal Arnon & Co. and The Hebrew University hosted a roundtable forum on accessibility. Advocates Asaf Eylon and Aner Hefetz participated in the forum.
Yigal Arnon & Co. welcomes Zachi Zach, a new partner in the high-tech department, who specializes in the internet field
Yigal Arnon & Co. welcomes Zachi Zach, a new partner in the high-tech department, who specializes in the internet field.
In recent years, prior to joining the firm, Zachi was partner and co-founder in a boutique law firm specializing in advising internet related businesses and international mergers and acquisitions.
Zachi specializes mainly in representing internet companies and startups in various fields such as real money and social gaming, Forex and binary options, algorithmic trading, e-commerce, payments solutions, mobile, online advertising and marketing, affiliate networks and monetization strategies. Zachi's expertise in the internet business was acquired, among others, while consulting to one of the largest global groups of e-commerce and gaming companies operating in the internet, social networks and mobile arenas.
Yigal Arnon & Co. represents TowerJazz in a Joint Venture Agreement with Panasonic Corporation
Advocates David Schapiro and Eliran Furman represented TowerJazz in a transaction with Panasonic Corporation to create a joint venture to manufacture semiconductor products. As part of the transaction, Panasonic transferred assets and technology including three semiconductor manufacturing facilities in Japan to the joint venture and will purchase semiconductor products from the joint venture in the next 5 years. Tower received 51% of the JV's equity in exchange for a portion of Tower’s shares. The transaction included negotiating many complicated cross-border commercial agreements (Japan, Israel, US) including manufacturing, licensing and services agreements between the joint venture, Tower and Panasonic.
Chambers and Partners 2014 Edition top ranks Yigal Arnon & Co. in 8 practice areas – placing the firm as one of the top leading firms in Israel
Chambers and Partners 2014 edition top ranks Yigal Arnon & Co. in 8 practice areas, placing the firm as one of the top leading firms in Israel. The firm is ranked 'Band 1' in Dispute Resolution, High-tech and Real estate; and 'Band 2' in Banking & Finance, Capital Markets, Corporate/M&A, Projects & Energy and Tax. In addition, 11 Yigal Arnon partners have been ranked as top lawyers in their field.
View the complete rankings of Chambers 2014