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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.

Meitar partners are authors of the Israeli chapter on Mergers & Acquisitions included in The 2009 International Comparative Legal Guide

Partners Dan Geva and Mike Rimon, contributed the Israeli chapter in “The International Comparative Legal Guide to Mergers & Acquisitions 2009 – A practical insight to cross-border Mergers & Acquisitions”, published by Global Legal Group, London – www.iclg.co.uk. The Israeli chapter describes various aspects relating to mergers & acquisitions under Israeli law, including the ways to consummate such transactions, the parties involved, the duties of the board of directors, the approval process, timing matters and the regulatory environment.

The full update is available through the PDF icon.

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

Alon Gellert and Giora Ungar contributed the Israeli chapter in “The International Comparative Legal Guide to Public Procurement 2009- A practical insight to cross-border Public Procurement”, published by Global Legal Group Ltd, London. www.iclg.co.uk

The full update is available through the PDF icon.

Meitar partners contributed a chapter to “The International Comparative Legal Guide to: Litigation and Dispute Resolution 2009″

Dr. Israel (Reli) Lehem, 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: Litigation and Dispute Resolution 2009, A practical insight to cross-border litigation and dispute resolution”. Published by Global Legal Group, London. http://www.iclg.co.uk

The full update is available through the PDF icon.

Meitar Information Technology Client Update on new broad-reaching Israeli Anti-Spam Law.

David Mirchin has published a client update on the new Israeli Anti-Spam Law, which becomes effective December 1, 2008. According to the law, entities will only be able to send commercial email, faxes or SMS, or use automated phone calling, if they obtain explicit, written, advance approval from the recipient. Violations are punishable by stiff fines, and officers of a company, as well as those responsible for the marketing or advertising operations, are personally liable for violations of the law.

The full update is available through the PDF icon.