Media center

In recent years, there has been an increase in the number of nonprofit organizations participating in commercial tenders, trying to exploit their nonprofit status and their advantage over ordinary commercial companies that must add VAT to their bids, in a way that thwarts the commercial companies and harms fair competition and the freedom of occupation. Such activity by nonprofits is in fact against the law. For the full article by Giora Ungar and Yoav Hertman of our firm, click here (Hebrew).

Does the wave of departures in the financial sector and the difficulties in hiring talented executives from other sectors prove that the salary cap has failed? Meitar partner Dr. Israel (Reli) Leshem says that the answer is yes, and explains why. Click here for the full article published in Globes (Hebrew).

In a precedent-setting ruling of the Tel Aviv District Court it was determined that the Ministry of Defense tender would be canceled because it violates the rights of IDF disabled veterans. Giora Ungar, a partner in our firm, represented Tigbur, the company that prevailed in the petition against the tender, and said that “this is a victory with precedential implications for all future tenders.” For the full coverage of the Globes website, click here (Hebrew).

“In order to carry out the multi-year infrastructure development plan, we need to rethink the distribution of risk between the state and the concessionaires,” says Meitar partner Dr. Tani Zahavi.

In her Globes article, she explains why, click here (Hebrew).

Good news for High-Tech Employees – Status of Capital-Based Incentive Plans Reinforced.

A recent Nazareth District Court ruling enables many companies, mainly high-tech companies, to provide their employees with various compensation plans that will enable reduced tax payments, while making it difficult for the Tax Authority to object to such plans in retrospect. The department’s partners, Eldar Ben-Ruby and Keren Shitrit, were interviewed on the subject for an article in TheMarker and Globes.

Even though Corporate VCs have been a major player in high-tech eco-system since the late seventies, their position strengthened during the last 6 years. In 2018 CVCs constituted 43% of the total funding amount. For the full Calcalist interview with Dan Shamgar, partner at our firm, click here (Hebrew).

Or Baron Gil, a partner in our firm, explains that the court’s request for a dividend distribution is an unnecessery procedure that can be cancelled. For the full article in Calcalist (Hebrew) click here.