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From the news

Recent transaction and litigation

Publications

November / 2009

Representation of VocalTec Communications Ltd. in its $200 million stock merger with YMax Corporation

VocalTec, an Israeli public company traded on NASDAQ is considered the inventor of VoIP. VocalTec merged in July 2010 with YMax Corporation, a US privately held company.

November / 2009

Representation of Attenti Holdings SA in its acquisition by 3M Co. for $230 million

Meitar represented Attenti Holdings SA and its shareholders (led by private equity fund Francisco Partners) in a transaction in which 3M purchased Attenti’s shares for $230 million. Attenti, which before its acquisition by Francisco Partners in early 2009 was a public company traded in London, is a private company, engaging in the research, development, sale and maintenance of electronic people-monitoring technologies.

August / 2009

Liability for User Generated Content 2009

David Mirchin has published a Client Update which analyzes a recent case in the United States on website liability, including a brief comparison to Israeli and EU law, and some suggestions how you can avoid liability.

It used to be that websites had complete immunity in the United States from claims that content posted by third party users was defamatory. In Barnes v. Yahoo!, an important recent case in the 9th Circuit, however, the court held that Yahoo! could be liable for defamatory content posted by a user which they promised to take down, but did not.

The full update is available through the PDF icon.

Technology and Intellectual PropertyTechnology and Intellectual Property
July / 2009

International Arbitration 2009

Meitar partners contribute chapter to “The International Comparative Legal Guide to: International Arbitration 2009″

Dr. Israel (Reli) Leshem, head of Meitar’s Dispute Resolution and Litigation Group, and Ron Peleg, partner in the litigation group, contributed the Israeli chapter in “The International Comparative Legal Guide to: International Arbitration 2009″, A practical insight to cross-border International Arbitration work”. Published by Global Legal Group, London. http://www.iclg.co.uk

The full update is available through the PDF icon.

Dispute ResolutionDispute Resolution
June / 2009

Pharmaceutical Advertising 2009

Meitar attorneys are authors of the Israeli chapter in “The International Comparative Legal Guide to Pharmaceutical Advertising 2009”

Ron Peleg, a partner in the litigation department, and Gilad Schiff contributed the Israeli chapter in “The International Comparative Legal Guide to Pharmaceutical Advertising 2009- A practical insight to cross-border Pharmaceutical Advertising work” published by Global Legal Group Ltd, London. http://www.iclg.co.uk

The full update is available through the PDF icon.

Regulation and Public PolicyRegulation and Public Policy
June / 2009

Exhaustion of Sick Leave Days Before Termination of Employment

Meitar’s Employment and Benefits Group, has published a Client Update regarding an amendment to the Sick Leave Payment Law, according to which a termination of employment may come into effect only after the employee has exhausted his accrued sick days.

According to the commentaries to the amendment, the employer is still entitled to conduct the hearing procedure and to set a date for termination, as long as the date falls after the employee has exhausted his accrued sick days.
The limitation regarding the date of termination shall not apply if notice of the termination and the date of such termination were given to the employee prior to his sickness or if the employer is no longer in existence.

The full update (in Hebrew) is available through the PDF icon.

Employment and BenefitsEmployment and Benefits
May / 2009

Cooperation between Institutional Investors in the Resolution of Payment Conditions of Debentures.

The Antitrust Authority amended its position regarding cooperation between institutional investors in connection with restructuring negotiations with bond issuers. The newsletter reviews in Hebrew the several changes that took place in the Antitrust Authority’s position and the current legal situation.

The amendment of the Antitrust Authority’s position follow previously published guidelines, concerning the terms under which institutional investors may cooperate in order to renegotiate the terms of corporate bonds, without having to receive an exemption for this cooperation from the Antitrust Authority. According to the amendment, the Antitrust Authority will allow institutional investors to cooperate in this matter either under the terms articulated in the previously published guidelines or according to customary antitrust laws. The newsletter explains the required terms under customary antitrust law.

The full update (in Hebrew) is available through the PDF icon.

Antitrust / Competition LawAntitrust / Competition Law