Media center

Meitar represented Facebook Israel in legal proceedings concerning claims brought by a former senior executive following the acquisition of Servicefriend. While the court rejected the majority of the claims, including those related to restricted stock awards and guaranteed employment terms, the ruling addressed issues surrounding the company’s employment and termination processes. The decision highlights key employment law principles, including good faith obligations, termination procedures, and workplace practices within global technology companies. For more info (Hebrew), click here.

Meitar represented Renault in proceedings that led to a significant Israeli Supreme Court ruling on the awarding of legal costs in class action litigation. The majority opinion held that courts should consider awarding more substantial costs in cases where class action certification requests are dismissed or withdrawn, aiming to discourage weak claims and promote responsible, well-founded class action proceedings. For more info (Hebrew), click here.

Meitar advised on the transaction involving the sale of control of Dan Transportation at a company valuation of approximately NIS 2.8 billion. The acquisition by a group of investors led by Dan CEO Ofir Karni, alongside leading institutional and financial investors, reflects the company’s significant growth and the value of its transportation and real estate operations. For more info (Hebrew), click here.

Meitar represented ZIM’s Board of Directors in one of the most significant transactions in the Israeli market, under which global shipping company Hapag-Lloyd acquired ZIM for $4.2 billion. The landmark deal is expected to reshape the regional shipping and logistics landscape and includes the sale of ZIM’s Israeli operations to FIMI Opportunity Funds, marking a major milestone in cross-border M&A activity. For more info (Hebrew), click here.

Meitar represented CyberArk in its acquisition by global cybersecurity leader Palo Alto Networks, one of the most significant technology and cybersecurity transactions of the year. The deal was led by partners Dan Shamgar, Dr. Shahar Hadar, and Matthew Rudolph, together with Latham & Watkins. The transaction marks a major milestone for the Israeli capital market and further reinforces Israel’s position as a global hub for innovation and cybersecurity. For more info (Hebrew), click here.

Meitar, represented by Adv. Yoseph Cohen, advised the Segol Group on the sale of four industrial properties leased to Keter Plastic to Villar Group in a transaction valued at approximately NIS 520 million. The deal involves long-term leased assets in Yokneam and Karmiel and reflects continued activity in Israel’s industrial and income-producing real estate sector. For more info (Hebrew), click here.

For more info, click here.