From the news

Recent transaction and litigation

Publications

November / 2012

Representation of Bitan Wines food chain

Meitar represented Bitan Wines food chain in its acquisition of Zim Marketing Ltd., the owner of the “Half-Off” food chain, to become the third largest retail chain in Israel.

November / 2012

Action against the Netherlands Company ASML Dismissed

Meitar successfully defended ASML, a Netherlands company, in a NIS 20 million subrogation action brought by Migdal Insurance Company. The action was dismissed in light of a foreign jurisdiction provision in the agreement between ASML and the insured (Tower Semiconductor).

November / 2012

Representation of the shareholders of DesignArt in its acquisition by Qualcomm

Meitar represented Carmel Ventures and Magma Ventures, shareholders of Israeli chip company DesignArt, in its acquisition by Qualcomm – the world leader in 3G and next-generation mobile technologies.

November / 2012

Motion to Certify a Major Class Action Dismissed

Meitar successfully defended an accounting firm in defending against a motion to certify a multimillion dollar class action claim, leading to the denial of the motion. The plaintiffs have filed an appeal to the Supreme Court, which is pending. The claim involves novel issues of securities law and professional negligence as applied to class action claims.

November / 2012

Advising Cisco in its Acquisition of Intucell

Meitar acted as local counsel for Cisco in its acquisition of Intucell an advanced self-optimizing network (SON) software privately held Israeli company.

November / 2012

Hypertoy Wins a Trademark Infringement Action

Meitar successfully represented Hypertoy in a legal action and a motion for a preliminary injunction relating to infringement of the trademark “TOY PLANET”, leading to the cessation of all infringing activities.

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.