Recent Representations, Q3 2014
We represented a European based multinational, a worldwide leader in market research, in its acquisition of a stake in an Israeli privately held market research company, resulting with the Israeli company becoming fully owned by our client.
Further to an application submitted by our firm to the Tel Aviv District Court on behalf of our client, a leading venture lending fund, a partner of the firm has been appointed as receiver of an insolvent high-tech communication equipment developer and producer, in which the fund held security interests. The assets of the company have been seized and subsequently sold to a Japanese company, a first time investor in Israel. The closing of the transaction entailed obtaining regulatory approvals, among others from the Israeli Office of the Chief Scientist.