Daniel Saar Bengal
Education
Tel Aviv University, Israel (LL.B., cum laude, 1997)
- Languages: Hebrew and English
- Born: Israel
- Admitted: Israel, 1998
Overview And Experience
Daniel practises in both corporate and commercial law and has a client base consisting predominantly of creative and innovative entrepreneurs, many of whom work in the technology sector.
Daniel’s commercial practice is focused on drafting and negotiating technology contracts, in particular those relating to the development, licensing and maintenance of software, the provision of software-as-a-service and master service/framework agreements governing multiple services supplied by managed service providers.
Daniel also advises in relation to a wide range of general commercial issues, such as the receipt or provision of services or products; the exploitation of intellectual property rights; branding and sponsorship; distribution, agency and franchise agreements and data protection compliance (with a focus on facilitating Israel GDPR-compliant international data transfers and advising on the terms of contracts with data processors).
When Daniel’s commercial clients require corporate advice, he can also assist, regularly advising on corporate governance, company restructuring, shareholder agreements, re-organizations and asset and share acquisitions.
Daniel provides pragmatic, easy-to-digest legal advice that is aligned with his clients’ commercial goals. He simplifies complex transactions to facilitate completions and has considerable experience successfully negotiating commercial contracts on behalf of clients contracting with larger (and typically far from flexible) organizations.
Daniel is listed by The Legal 500 a key lawyer in the team for Corporate Commercial M&A: Smaller Deals, up to £50M.
Recent Works
- Acting for an agency which develops partnerships between high profile individuals and brands in respect of its commercial agreements.
- Advising a business in the renewable energy sector in relation to its acquisition of a solar farm.
- Acting two entrepreneurs in relation to their investments into two technology businesses and the sale of their digital marketing agency.
- Advising a Lloyds underwriter in relation to the restructuring of its board and a share buyback.
- Acting for an IT managed services provider to draft its suite of customer contracts.
Professional societies and memberships
- The Law Society
- Tech Meetups
In the course of his professional career, Saar successfully led numerous complex domestic and international transactions in a number of commercial law areas of practice, mainly M&A transactions, infrastructure and technology projects and financing transactions.
Daniel has handled many M&A transactions both in Israel and abroad and represented multinational companies in transactions involving sales and acquisitions of companies, operations and assets in the U.S., Australia and Romania. Moreover, Saar handled numerous transactions involving investments, sales and acquisitions of companies in a range of business fields (infrastructure, hi-tech, services, etc.).
Daniel has vast experience in leading international and domestic projects, mainly in the following areas: infrastructure projects (such as water pumping, circulation and treatment; railcar manufacturing facility in Russia); technology projects (including representation of Bank Leumi in its online banking system upgrade project, implementation and integration of electronic signatures and digital investment advice systems projects; ERP systems; computer graphics; voice analysis systems); and industrial projects and transactions (including in the plastics industry).
Furthermore, Saar represented financial institutions (such as Bank Leumi and various funds) and companies in a series of diverse and complex transactions, including: representation of the Startup Financing Division of Bank Leumi and handling a series of financing transactions of Bank Leumi; venture lending; mezzanine financing; AR financing; companies and projects acquisition financing; etc.