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Reli Leshem co-chaired joint conference of the Israel Bar Association and the American Bar Association
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Reli Leshem co-chaired joint conference of the Israel Bar Association and the American Bar Association
Meitar Partner Reli Leshem co-chaired - together with Aaron Schildhaus, Section Chair ABA Section of International Law Council - the joint conference of the Israel Bar Association with the American Bar Association held in Eilat Israel from May 30 to June 2, 2010. Bar leaders from a number of countries and international legal organizations, including Stephen Zack, ABA's president-elect, and Yori Geiron, president of the Israeli Bar Association, participated in the conference.
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Meitar represents founders of Excellence Investments in major contract litigation against Phoenix Insurance Group
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Meitar represents founders of Excellence Investments in major contract litigation against Phoenix Insurance Group
Meitar partners Reli Leshem, Nadav Weisman and Shaul Hayoun represented Gil Deutch and Roni Biram, the founders of Excellence Investments (a public company traded at the Tel-Aviv Stock Exchange) in an action against Phoenix Investments (the investment arm of Phoenix Insurance group) and in the successful settlement of this action for over US$180 million. The action was filed after Phoenix reneged on its contractual obligation to purchase the shares of Deutch and Biram in Excellence. This is the largest settlement ever reached in a court action in Israel involving a claim for the enforcement of a commercial contract.
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Meitar represents Vector Capital in its acquisition of Aladdin Knowledge Systems
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Meitar represents Vector Capital in its acquisition of Aladdin Knowledge Systems
Meitar attorneys represented Vector Capital, a leading private equity firm, in its US$160 million all-cash acquisition of Aladdin Knowledge Systems (NASDAQ: ALDN). Aladdin's shares were dual-listed for trading on the NASDAQ and the Tel Aviv Stock Exchange.
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Meitar represents St. Jude Medical in acquisition of MediGuide.
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Meitar represents St. Jude Medical in acquisition of MediGuide.
Meitar attorneys represented St. Jude Medical in its $300 million acquisition of MediGuide Inc. St. Jude Medical develops medical technology and services for cardiology, neurology and chronic pain patients and its shares are listed on the New York Stock Exchange.
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Meitar partner participates in moot court with Chief Justice of Delaware Supreme Court.
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Meitar partner participates in moot court with Chief Justice of Delaware Supreme Court.
Israel (Reli) Leshem, head of Meitar's litigation department, participated on January 8, 2009, in a moot trial before Chief Justice Myron Steele of the Delaware Supreme Court and Judge Michal Agmon Gonen of the Tel-Aviv District Court. Ted Mirvis of Wachtell, Lipton, Rosen & Katz argued for a minority shareholder trying to block a merger and Leshem argued for the company. The moot trial was organized by the Faculty of Law of the Hebrew University in Jerusalem and the University of Pennsylvania Law School.
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Renelle Joffe, head of Meitar's Energy Group appointed Co-Chair of Energy and Infrastructure Committee of the Israeli Bar.
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Renelle Joffe, head of Meitar's Energy Group appointed Co-Chair of Energy and Infrastructure Committee of the Israeli Bar.
Renelle Joffe, the head of Meitar's Energy practice, has been appointed head of the newly-created Energy and Infrastructure Committee of the Israeli Bar Association (IBA). The IBA formed the committee at Renelle's initiative, in light of the increasing legal work in this sector, with new regulation in the electricity sector being published regularly, particularly in the renewable energy sector, and with the development of the natural gas sector.
There are more than fifty members of the committee, and this number is expected to grow.
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Tel Aviv District Court issues landmark decision on behalf of Meitar client Sun Pharmaceuticals in Taro takeover battle.
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Tel Aviv District Court issues landmark decision on behalf of Meitar client Sun Pharmaceuticals in Taro takeover battle.
Meitar attorneys recently obtained a landmark decision on behalf of Sun Pharmaceuticals, a major Indian pharmaceutical company, in legal proceedings to gain control of Taro, an Israeli pharmaceutical company. The Tel-Aviv district court accepted Sun's argument that it does not need to commence a special tender offer under Israel’s Companies Law in order to gain control over Taro, and found that Taro’s board had acted improperly in seeking to block Sun’s takeover attempt.
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Meitar Information Technology Client Update on new broad-reaching Israeli Anti-Spam Law.
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Meitar Information Technology Client Update on new broad-reaching Israeli Anti-Spam Law.
David Mirchin has published a client update on the new Israeli Anti-Spam Law, which becomes effective December 1, 2008. According to the law, entities will only be able to send commercial email, faxes or SMS, or use automated phone calling, if they obtain explicit, written, advance approval from the recipient. Violations are punishable by stiff fines, and officers of a company, as well as those responsible for the marketing or advertising operations, are personally liable for violations of the law.
Download PDF file>
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Meitar represents DHL/Deutsche Post in acquisition of Flying Cargo’s freight forwarding business.
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Meitar represents DHL/Deutsche Post in acquisition of Flying Cargo’s freight forwarding business.
Meitar attorneys represented DHL and its parent company, Deutsche Post, in their acquisition of the freight forwarding business of Flying Cargo. Flying Cargo is a privately-held family-owned business, which had previously acted as DHL’s Israeli representative for freight forwarding.
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Meitar represents Hewlett-Packard (HP) in its acquisition of Nur Macroprinters.
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Meitar represents Hewlett-Packard (HP) in its acquisition of Nur Macroprinters.
Meitar’s corporate department represented HP in its acquisition of Nur Macroprinters. Although Nur is a publicly-traded company, listed on NASDAQ, the transaction was accomplished by way of a purchase of Nur’s assets. This structure avoided the need for shareholder approval under Israeli law. The Nur acquisition represents the second major Israeli acquisition by HP; Meitar attorneys previously represented HP in its acquisition of ScitexVision.
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Meitar represents underwriters in $1 billion Yankee bond offering by Israel Electric under Rule 144a.
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Meitar represents underwriters in $1 billion Yankee bond offering by Israel Electric under Rule 144a.
Meitar’s capital markets group represented Citibank and Lehman Brothers in their capacities as lead underwriters of a $1 billion debt offering by Israel Electric Corporation (IEC). The offering was marketed to institutional investors in the US under Rule 144A and in Europe under Regulation S. This transaction represents IEC’s first offering to the foreign institutional market since 2001, and will play a key role in allowing IEC to increase its generation capacity to keep up with its continued growth in demand.
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Meitar represents Orca Interactive in first merger of an israeli company traded on AIM.
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Meitar represents Orca Interactive in first merger of an israeli company traded on AIM.
Meitar attorneys recently represented Orca Interactive, an Israeli provider of IPTV solutions, in its acquisition by a subsidiary of France Telecom. Prior to its acquisition, Orca Interactive’s shares were listed for trading on the AIM, and this transaction represented the first merger of an Israeli company traded on AIM.
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Meitar’s private equity team represents Viola Private Equity in its formation.
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Meitar’s private equity team represents Viola Private Equity in its formation.
Meitar’s Private Equity Practice Group recently represented Viola Private Equity in its formation. Viola is a technology-oriented private equity fund, and is affiliated with the Dovrat Group, one of Israel’s most successful investors in the technology sector.
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Meitar’s litigation group obtains dismissal of shareholder derivative suit against Sandisk/M-Systems.
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Meitar’s litigation group obtains dismissal of shareholder derivative suit against Sandisk/M-Systems.
Meitar’s litigation group successfully defended SanDisk in a derivative action filed in Israel by former shareholders of M-Systems prior to M-Systems’ acquisition by SanDisk. The lawsuit alleged that the board of directors had engaged in improper practices in connection with the issuance of options. In a precedent-setting decision, Meitar attorneys convinced the Israeli court to adopt the Delaware doctrine that derivative suits are precluded once shareholders have been squeezed out in a merger.
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Meitar represents Bank Hapoalim in subordinated debt issuance.
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Meitar represents Bank Hapoalim in subordinated debt issuance.
Meitar’s Israeli capital markets group recently represented Bank Hapoalim, Israel’s largest bank, in an issuance of NIS 600 million of subordinated debt securities. This offering represents the latest in a series of Tier-1 and Tier-2 issuances by Israel’s banks handled by Meitar attorneys, including both hybrid and subordinated debt securities.
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Meitar attorneys represent Plastro Irrigation Systems in going-private transaction with John Deere.
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Meitar attorneys represent Plastro Irrigation Systems in going-private transaction with John Deere.
Meitar’s corporate attorneys represented Plastro Irrigation Systems, a company controlled by an Israeli kibbutz, in a going-private acquisition by US-based Deere & Company. The transaction was accomplished by way of a Plan of Arrangement under Israel’s Companies Law, and required approval by Plastro’s shareholders as well as the District Court in Nazareth.
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