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Dan Shamgar and Shira Azran has published a Client update describing Amendment No. 16 to the Companies Law – 1999 enacted on March 8, 2011, which primarily addresses corporate governance rules and incorporates, among others, recommendations of a committee established a few years ago by the Israeli Securities Authority (the Committee for the Review of a Corporate Governance Code, also known as the Goshen Committee).

This Client update summarizes the main provisions of the Amendment and our initial recommendations with respect thereto. The Amendment became effective on May 14, 2011, with certain provisions becoming effective on September 15, 2011.

The full update is available through the PDF icon.

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

Meitar partner and head of Energy and Infrastructure Group, Renelle Joffe contributed a chapter to The ILO (International Law Office) online news magazine. The chapter is an overview of the legal framework applicable to Israel’s energy & natural resources. This is the first article contributed by Israel in the energy and natural resources section of the ILO.

Israel has an installed electricity capacity of 12,000 megawatts, which is based almost exclusively on fossil fuels. Until the discovery of natural gas offshore, all fuels were imported. The introduction of natural gas into Israel’s fuel basket is dramatically changing the energy landscape, allowing for the introduction of independent power producers (IPPs) and modernisation of the market. Renewable energy is also slowly penetrating the market, predominantly in the photovoltaic sector.

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 2011”

Alon Gellert and Giora Ungar contributed the Israeli chapter in “The International Comparative Legal Guide to: Public Procurement 2011- A practical cross-border insight into public procurement”, published by Global Legal Group Ltd, London. www.iclg.co.uk

The full update is available through the PDF icon.

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

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