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The Supreme Court in Israel has dismissed two appeals filed by French company Alstom and Spanish company CAF against the win of Chinese company CRRC Changchun Railway Vehicle. Ltd. (CRC) in the Red Line Tender for the Procurement and Maintenance of Light Rail Vehicles in Tel Aviv area (“Gush Dan”). This tender is part of Light Railway […]

MeMed, an Israeli biomedical company that developed a unique blood test for rapid diagnosis of a bacterial or viral infection that can significantly reduce the use of antibiotics, has received a unique USD 9.3 million development contract from the US Department of Defense to finance the completion of the company’s second-generation technology. The matter was […]

EBN is proud to have been nominated twice in the shortlist for the 18th Annual IFLR European Awards – for its roles in two significant Project Finance deals in Israel. The first is the development of the Ashalim (Plot B) solar thermal power station, the largest renewable energy project in Israel. The second is the […]

“An increasing number of businesses and individuals store their data on remote servers, known as ‘clouds’. The cloud storage industry is evolving so rapidly that cloud service providers need more guidance from data protection authorities and the law to help them ensure compliance. Yoheved Novogroder-Shoshan, Partner at Yigal Arnon & Co., discusses some of the […]

Amit Steinman, Phillip Waldoks, Avner Itzhaki Ronit Appel and Sapir Harpaz from our firm represented NYSE-traded, U.S. manufacturing company Danaher Corporation in its $107 million acquisition of Israeli company Advanced Vision Technology (AVT) which is listed on the Frankfurt Stock Exchange. The acquisition is expected to be completed in the second quarter of 2017. Based […]

Eli Lilly Denied a Patent in Israel for a Pharmaceutical Product for the Treatment of Osteoporosis. After a long legal battle, Teva Pharmaceutical Industries Ltd. successfully defeated Eli Lilly and Company in its attempt to register a patent in Israel for Forteo, one of the leading drugs for the treatment of osteoporosis (bone loss), a […]

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