From the news

Recent transaction and litigation

Publications

November / 2012

Representation of Amdocs

Meitar represented Amdocs in its approximately $120 million acquisition of Actix International Limited, a leading independent provider of software for mobile network optimization.

November / 2012

Bank Leumi Prevails in a Dispute over Statute of Limitations

In July 2013 the Supreme Court held that the statute of limitations on a bank’s claim for damages due to a breach of an undertaking to register a mortgage securing a loan, commences on the date the borrower ceased to pay the monthly payments of the loan, and not, as claimed by the appellants, at the time the obligation to register the mortgage was violated. The Bank is represented by Meitar (LCA 4090/13 Deutsch vs. Bank Leumi).

November / 2012

Representation of Lumenis

Our firm is representing Lumenis, medical laser provider, in its currently contemplated $115 million public offering of ordinary shares and listing on NASDAQ.

November / 2012

ZAP Computing Ltd. Wins a Trademark Infringement Action

Meitar successfully represented ZAP Computing Ltd. in a legal action for trademark infringement and passing off in connection with the mark “Dapei Zahav” (Israel’s “yellow pages”), leading to the cessation of all infringing activities.

November / 2012

Representation of Facebook in its acquisition of Onavo Mobile

Our firm, together with the US law firm Fenwick & West LLP, represented Facebook, Inc. (NASDAQ: FB) in the acquisition of Onavo Mobile, an Israeli mobile data-saving app. Financial terms of the transaction were not disclosed.