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Recent transaction and litigation

Publications

November / 2012

Representation of Nolio in its acquisition by CA Technologies

Meitar represented Israeli app deployment and management company Nolio in its acquisition by IT software giant CA Technologies.

November / 2012

Representation of Rhone Capital

Meitar represented New York/London-based private equity firm Rhone Capital LLC in its acquisition of the European and Israeli operations of Eden Springs for approximately $90 million, based on an enterprise value of Euro 300 million.

November / 2012

Representation of Stratasys in its acquisition of MakerBot for approximately $400 million

Meitar represented a leading 3D printing company, Stratasys, Ltd. (NASDAQ:SSYS) in its acquisition of MakerBot, the Brooklyn NY-based leader in desktop 3D printing, in a stock-for-stock swap, valued at approximately $403 million, with additional contingent performance-based payments valued at approximately $201M.

November / 2012

Representation of EMC in its acquisition of Scale IO

Meitar, together with Gibson Dunn, represented US enterprise data giant EMC in its acquisition of Scale IO, an Israeli start up and a leader in enterprise data storage.

November / 2012

Makhteshim Chemical Works Ltd Wins Dismissal of Three Mass Tort Actions

Meitar defended Makhteshim, one of Israel’s largest agrochemicals producers, in three mass tort actions filed by plaintiffs alleging injuries caused by air pollution from the Makhteshim plant in the “Ramat-Hovav” Industrial Zone south of Beersheva (additional defendants in this action included the State of Israel, the local municipality and other plants in the area). On January 1, 2013 the Beersheva District Court dismissed the actions in their entirety and made significant awards to the defendants for legal costs and attorneys fees. The plaintiffs have filed an appeal with the Supreme Court, which is pending.

November / 2012

Motions to Certify a Class Action against Partner and Cellcom Dismissed

Meitar successfully represented Israeli cellular operators Partner and Cellcom in opposing motions to certify class actions against them related to the battery life of cellular devices. The motions were withdrawn.

November / 2012

Former CEO of Remedia Acquitted

Meitar represented the baby food importer Heinz – Remedia and the former CEO of the company in criminal proceedings involving charges of involuntary manslaughter arising from allegations of tainted baby formula. After five years of litigation, the court acquitted the former CEO of all charges relating to the baby formula. The State has filed an appeal of the acquittal, which is still pending.