Chambers and Partners 2011 edition top ranks Yigal Arnon & Co. in 8 practice areas, placing the firm as one of the top 2 leading firms in Israel. The firm is ranked 'Band 1' in Corporate/M&A – High-tech and in Real estate; and 'Band 2' in Banking & Finance, Capital Markets, Corporate/M&A, Dispute Resolution, Projects & Energy and Tax. In addition, 11 Yigal Arnon partners have been ranked as top lawyers in their field.
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 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, 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".
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. 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 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". 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.
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.
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.
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".
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.