“Forget about the exit, there is an excellent midway solution”
An article about another way for founders and key employees to benefit from their startup, by Assaf Naveh of the Corporate group.
For the full article published at “Geektime” (Hebrew),
Media Center
Geektime, December / 2015
December / 2015
Meitar represented Mylan in its $30 billion unsolicited offer to acquire Perrigo
Representation of Mylan N.V. in its $30 billion unsolicited offer to acquire all of the issued share capital of Perrigo Company Plc., an Irish company listed on the NYSE and Tel Aviv Stock Exchange (TASE), in what became the largest hostile takeover offer in history to go to completion. Meitar represented against the backdrop of Perrigo’s transnational defense tactics, our Corporate, Securities and Litigation Groups successfully defended Mylan against Perrigo’s attempt to enjoin the offer from going forward in Israel, and brought about Mylan’s ultimate exemption by the Israeli Securities Authority from publishing an Israeli Prospectus in connection with its offer. We also made new Israeli law regarding the ability of foreign corporations with antitakeover defenses to dual-list their shares on the TASE.
December / 2015
The Antitrust Commissioner prohibits loyalty rebates and imposes sanctions against directors
The full update (in Hebrew) is available through the PDF icon.
Antitrust / Competition Law
December / 2015
Inclusion of the value of employee options in the cost basis of Cost-Plus transactions
The full update is available through the PDF icon.
Taxation 
Globes, November / 2015
Two additional vacation days for employees
For the full article in Hebrew,
October / 2015
Representation of former directors of the National Workers Union’s Pension Fund in a NIS 190 million
Adv. Nadav Weisman, Adv. Or Baron Gil and Adv. Adam Shapira successfully represented former directors of the National Workers Union’s Pension Fund which were sued in a 190 million NIS class action, for the alleged breach of their duty of care and duty of loyalty. In its judgment, Judge Yehuda Farago of the Tel Aviv District Court, dismissed the claim and held that there was no defect in the conduct of the directors. The Judge further held that the fund was actuarially balanced, unlike other funds which suffered massive deficits and needed the assistance of the Ministry of Finance.
Geektime, October / 2015
Decision by the EU Court of Justice declares data transfers to the US via safe harbor Invalid
This decision is expected to change important agreements with American companies and will also affect Israeli companies.
Read all that’s important to know and how it relates, among other things, to Edward Snowden, in this post written by David Mirchin of the firm’s Technology and IP Group.
For the full article published at “Geektime” (Hebrew),
