Yigal Arnon & Co. updates Clients on the new Companies Law amendment.
On March 7, 2011, the Knesset enacted an amendment to the Companies Law, which was officially published on March 15, 2011.
The main purpose of the Amendment is to revise and enhance many provisions in the Companies Law concerning corporate governance practices – mostly with respect to publicly traded corporations, though certain provisions apply to private companies as well.
The following is a concise list highlighting the principal provisions of the Amendment.
Yigal Arnon & Co. Co-Sponsored High-Tech Conference in Jerusalem
Yigal Arnon & Co. co-sponsored High-tech conference in Jerusalem with Luzatto & Luzzato and BDO. Barry Levenfeld, partner, lectured on "Exit on the horizon: High-tech companies preparing for an M&A IPO".
Ben Sandler participated in the UK sixth annual conference on Managing an International Workforce
Ben Sandler participated in the UK sixth annual conference on Managing an International Workforce, sponsored by Lewis Silkin LLP and Ius Laboris. Ben was on the panel that addressed the full plenum on diversity and discrimination issues: "Diversity: The challenge of implementing global initiatives".
Yigal Arnon & Co. is the leading firm in representing defendants in class actions during 2010
According to the annual review of class actions filed in Israel during 2010, that was presented in the annual conference 'Class Actions in Israel' held by "Halacha Le'ma'ase" center, Yigal Arnon & Co. is the leading firm in representing defendants in class actions during 2010.
Barak Tal heads the Class Action Defense group of the office.
Yigal Arnon & Co. makes four new partners; recruits 9 new attorneys
Yigal Arnon & Co. announced that in 2010 it made four new partners and recruited nine new attorneys, seven of whom had completed their articled clerkship at the firm.
Barry Levenfeld chaired session on M&A at International Bar Association Conference
Barry Levenfeld chaired the session on Merger and Acquisitions of Life Science and Technology Companies in the International Bar Association Conference on "The Globalization of Knowledge-Based Industries" that took place in Tel Aviv, at the Hilton Hotel, on February 9-11.
PROJECT FINANCE INTERNATIONAL awarded the TAMAR Financing Transaction as the "Middle East Oil & Gas Deal of the Year 2010".
PROJECT FINANCE INTERNATIONAL awarded the TAMAR Financing Transaction as the "Middle East Oil & Gas Deal of the Year 2010". PFI (Published by Thomson Reuters Professional Publishing) is the leading source of global project finance intelligence. Our firm represented HSBC and BARCLAYS who provided a $430 million bridge financing to the Tamar gas partnerships Delek Drilling, Avner and Dor. Lawyers who worked on the deal include Shiri Shaham, Simon Weintraub, Asaf Rimon, Doron Tamir and Yuval Bargil.
High Court of Justice sides with Yigal Arnon & Co. in dispute over ancient graves
Yigal Arnon & Co. represented 36 Yeffet LLC, planners of a hotel and residential project in the French Hospital complex in Jaffa, against a petition to the High Court for an Order Nisi and an urgent interlocutory injunction, to prevent the execution of the project. The petitioners claimed that the municipal building plan did not provide an adequate solution for ancient graves discovered in the area of the project, and that their removal disrespected the dead and offended religious sensibilities of the Ultra-Orthodox community. The petitioners therefore asserted that the building plan and permits issued should be void. Yigal Arnon & Co. argued that the petitioners did not shown cause, that the petition was submitted after serious delay and without exhausting administrative procedures, and was tainted by a lack of integrity. The High Court sided with Yigal Arnon & Co., and on January 13, 2011, rejected the petition.
David Schapiro Lectured in PWC Israel Conference on US GAAP and SEC Developments
gave a lecture on "Forms 20-F and 10-K for 2010 – Practical Aspects" in the annual PWC Israel conference on US GAAP and SEC Developments with respect to public reporting for the year 2010.
Yigal Arnon Sponsored Bootcamp Ventures
As part of its ongoing sponsorship of Bootcamp Ventures Innovation Marathon, Yigal Arnon hosted meetings between potential investors including Alan Patricoff of Greycroft and various selected start-up companies.
David Schapiro Lectured on Contractual Provisions in Bonds
gave a lecture on contractual provisions in bonds at the recent annual conference on raising funds hosted by the CFO Forum of Israel.
Yigal Arnon represented underwriters in successful SodaStream IPO
Yigal Arnon served as Israeli underwriters counsel in the successful IPO of SodaStream, an Israeli company specializing in home produced soft drinks.
JP Morgan and Deutschbank were the lead underwriters.
Barak Platt Lectured on "Ten Commandments to a Successful M&A Transaction"
lectured on "Ten Commandments to a Successful M&A Transaction" at the CDNLive! Israel main event at the Herzliya Marina, at an event hosted by the CEO of Cadence Design Systems.
Yigal Arnon & Co. Represented Medtronic in Acquisition of Bio-Control
Yigal Arnon & Co. represented Medtronic Inc. in purchase of Bio-Control Ltd. for approximately $70 million.
Yigal Arnon & Co. Co-Sponsored High-Tech Conference in Herzliya
Yigal Arnon & Co. co-sponsored High-tech conference in Herzliya with Luzatto & Luzzato and BDO. Barak Platt, partner, lectured on "The 10 commandments to close a successful M&A".
Yigal Arnon & Co. Represented Mentor Graphics in Acquisition of Valor
Yigal Arnon & Co. Represented Mentor Graphics Corporation in the acquisition of Valor Computerized Systems Ltd., an Israeli Company traded on the Frankfurt Stock Exchange, for $ 85 million
Yigal Arnon & Co. is ranked One of Israel’s Top Two Leading Firms, according to Dun & Bradstreet
Dun & Bradstreet researched 750 law firms in Israel by practice area and ranked Yigal Arnon & Co. as a "leading law firm" (Tier 1) in twelve of the most important practice areas: Mergers & Acquisitions; High-Tech; Real Estate & Construction; Project Finance & Infrastructure; Tax; International Commercial; Banking; Capital Markets & Public Offerings; Commercial Litigation; Class Actions; Administrative Law; and Debt Restructuring. Unlike other D&B rankings, which are based merely on size or number of lawyers, this survey was based on quality.
Yigal Arnon & Co. Co-Sponsored Conference on Raising Capital in Canada
Yigal Arnon & Co. co-sponsored with Mackie Research Capital Corporation, Miller Thomson LLP and Deloitte, a conference on "Raising Capital in Canada - Going Public on the Toronto Stock Exchange", at the MIT Forum at Tel Aviv University. Simon Weintraub, partner, lectured on " Methods of going Public in Canada: An Israeli Law Perspective".
Yigal Arnon & Co. Represented Telefonica in Acquisition of Jajah
Yigal Arnon & Co. served as Israeli legal counsel to Telefonica SA, one of the world’s largest telecommunications companies in the acquisition of Jajah, a leading global IP communications company headquartered in Mountain View, California, with offices in Israel, for approximately $200 million.
Yigal Arnon & Co. Represented Broadcom Corporation in Acquisition of Dune Networks
Yigal Arnon & Co. represented Broadcom Corporation, a major technology innovator and global leader in semiconductors for wired and wireless communications, together with Latham & Watkins LLP, in Broadcom's acquisition of Dune Networks Inc. for approximately $180 million.
Yigal Arnon & Co. Represented Siemens in purchase of all Solel Solar Systems
Yigal Arnon & Co. represented Siemens AG, a global powerhouse in electronics and electrical engineering, operating in the industry, energy and healthcare sectors, in the purchase of all the outstanding shares of Solel Solar Systems Ltd., a private Israeli company, with advanced technology for the production of thermal solar energy, for approximately $420 million.