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/ Corporate
Institutional Investors, Investment Funds, and ESG
February 1, 2024
/ by
Roy Engel
The European regulations that apply to investment funds are expanding to cover ESG issues. Israeli institutional investors should familiarize themselves with the regulations and prepare for similar regulations in Israel.
See full post >
Doing Business in Israel: Effects of War in Israel on International Companies
October 25, 2023
/ by
Samuel Henri Samuel
The effects of war on international contracts and agreements is considerable, yet the law in Israel does not automatically regard a state of war as one. It is therefore crucial to address such issues in the contract itself.
See full post >
AI in the Workplace – Benefits and Risks
July 25, 2023
/ by
Avishay Klein
,
Netta Bromberg
AI technologies have enormous potential. However, using AI technologies in the workplace may result in a variety of exposures. It is important to understand how best to use AI, as well as when never to use it.
See full post >
Israeli Institutional Investors and Transfer Rights
July 9, 2023
/ by
Roy Engel
,
Yakov Vilenski
Investment funds usually make transfers of units in a fund to third parties contingent upon the approval of the fund managers. This practice may make it difficult for Israeli institutional investors to prove ownership and absolute control over units, as required by the regulations.
See full post >
Material Adverse Change (MAC) Clauses in M&A Transactions
July 2, 2023
/ by
Sagi Gross
MAC clauses are designed to protect buyers from adverse changes in the company they are acquiring. However, because there is no single, precise, and all-encompassing definition of these types of changes, and because courts are in no hurry to adjudicate cases involving MAC clauses, it is important to know how to draft them as clearly and explicitly as possible.
See full post >
Default Arrangements in Israeli Investment Funds – Unwritten Provisions in Partnership Agreements
June 19, 2023
/ by
Roy Engel
,
Yakov Vilenski
Many investors and fund managers are unaware that a simple reading of the relevant partnership agreement is not sufficient to get the “full picture” of the legal conditions that apply to their specific limited partnership.
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Doing Business in Israel: Insolvency Law
May 30, 2023
/ by
Idan Miller
Foreign companies looking to engage with Israeli companies also need to consider that Israeli insolvency law mandates jurisdiction in Israel and creditor equality, regardless of country of incorporation.
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The Legal Risks of Using ChatGPT
May 17, 2023
/ by
Inbar Katzir
The legal issues that follow the use of artificial intelligence-based processing solutions will continue to challenge in the years to come. Meanwhile, the main questions are related to intellectual property, privacy and reliability.
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Material Transfer Agreements: Why They Matter
May 10, 2023
/ by
Ken Shaked
IP can be tangible, and MTA agreements are there to determine the terms and conditions of their transfer and usage.
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Distribution Waterfalls in Private Investment Funds
May 2, 2023
/ by
Roy Engel
,
Yakov Vilenski
The growth of private equity funds in Israel derives mainly from the maturation of many Israeli companies. So what are the main differences between private equity funds (PE) and venture capital funds (VC)?
See full post >
The Business Judgment Rule – a Director’s Best Friend
May 2, 2023
/ by
Zvi Gabbay
Board members looking to protect themselves from lawsuits pertaining to the proper fulfillment of their duties must fully understand the three principles of the business judgment rule. Because what is true in Delaware is also true in Israel.
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Corporate Governance in Israeli Cooperative Societies
March 27, 2023
/ by
Ilan Blumenfeld
The segregation of duties between corporate organs (in private and public entities) derives from the principle of separation of powers. Although the laws governing cooperative societies in Israel do not address the tension between the organs in a cooperative society, the principles created and developed in corporate law may be applied to cooperative society law by way of inference.
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Critical Considerations before Drawing up a Founders’ Agreement
March 12, 2023
/ by
Dana Ben-Yehuda
A founders’ agreement is signed at the initial stages of forming a venture with an uncertain future. This is precisely the time to decide how matters will proceed if the venture is an enormous success, a failure, or anything in between.
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Doing Business in Israel: Being an Employer
February 26, 2023
/ by
Jacki Silbermann
Employment law in Israel is dynamic and relies not only on the letter of the law, but also on rapidly changing case law. At the same time, Israeli employment law is highly regulated, and there are a wide variety of rules and standards that obligate the parties to an employment relationship.
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Advantage to Israeli Banks When Self-Exercising a Deposited Pledge
February 21, 2023
/ by
David (Dudi) Cohen
,
Idan Miller
Collateral in the form of a deposited pledge is an easy and inexpensive way to secure credit. However, Israeli law does not allow foreign banks to benefit from an efficient and effective mechanism enabling debt recovery by way of the self-exercise of collateral. There is no real justification for this and it harms competition in the credit market.
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Doing Business in Israel: Jurisdiction and Arbitration Stipulations
February 5, 2023
/ by
Gal Livshits
Jurisdiction and arbitration stipulations in contracts have a decisive impact on the forum that will adjudicate a lawsuit. The legal system in Israel tends to honor contract stipulations regarding foreign jurisdiction if they are unique and explicit.
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Doing Business in Israel through Agents and Distributors
January 24, 2023
/ by
Michael Barnea
,
Anat Even-Chen
According to the law, the relationship with the local agent is classified as either an agency agreement or a distribution agreement, depending upon the substantive nature of the arrangements between the parties and not the title the parties gave to the agreement.
See full post >
2022: Trends in Israeli and International Privacy Regulations
January 18, 2023
/ by
Avishay Klein
,
Karin Kashi
,
Ben Norman
2022 saw significant regulatory developments in the field of privacy protection in Israel and throughout the world. These developments directly affect companies whose business activities in Israel and internationally involve the collection and processing of personal information.
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2022: Antitrust and Competition in Israel – A Year in Review
January 1, 2023
/ by
Ran Karmi
,
Irit Brodsky
2022 was characterized by many trends relating to competition law in Israel. Ramped up handling of monopolies, unfair pricing and restrictive trade practices, and enhanced collaboration between Israeli government ministries and the Competition Authority are just some of the trends we witnessed during 2022 in this field.
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Doing Business In Israel: Regulation of Carbon Pricing
December 21, 2022
/ by
Izabel Pashayev
Reducing greenhouse gas emissions to decelerate climate change processes is an important goal of many countries. The two main mechanisms that countries use to reduce GHG emissions are carbon taxation and carbon emissions trading.
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Intricacies of SAFEs (Simple Agreement for Future Equity)
December 15, 2022
/ by
Dean Weinberg
Contrary to its title, as a Simple Agreement for Future Equity, a SAFE may not be as simple as it seems, and it has complexities.
See full post >
Proposed Amendment to Israeli Class Action Regulations Could Infringe on Public Companies’ Rights
November 23, 2022
/ by
Eyal Nachshon
The proposed amendment to the Class Action Regulations contradicts the Courts Regulations (Review of Files). If enacted, any person, in any case and without providing justification, may review the statements of response filed by respondent-companies to the motions to certify class actions filed against them.
See full post >
The Great Wall of China – Increasing Difficulty in Doing Business with China
November 10, 2022
/ by
Amichai Cohen
The restrictions imposed by the United States are relevant to Israeli companies in at least two ways. First, they are imposed on anyone who is a US citizen or lives in the United States and who deals with regulated products. Second, the Americans have applied the Foreign Direct Product Rule to some of the regulated products and to a list of Chinese companies.
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Legal Aspects of SAFEs (Simple Agreement for Future Equity)
October 27, 2022
/ by
Yuval Lazi
Since a SAFE is a relatively standard agreement, there is no need for lengthy negotiations on comprehensive investment agreements. A SAFE defines clear rules about the investor’s rights (which include, inter alia, rights similar to those the next investors in the company receive during future rounds of funding).
See full post >
Doing Business in Israel: Forming a Limited Liability Company in Israel
October 3, 2022
/ by
Dana Ben-Yehuda
,
Yuval Lazi
The Israeli Companies Law enables local and international businesses to engage in business activity easily and with relative efficiency and The procedure for forming a limited liability company is relatively simple.
See full post >
Doing Business in Israel: How to Take Part in Israeli Innovation
July 14, 2022
/ by
Ken Shaked
Israel boasts a unique combination of academic excellence and an entrepreneurial approach. As a result, it is the home base for many startup companies. Most technologies underpinning startup companies develop at academic institutions.
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Guide to the ESGI
July 7, 2022
/ by
Sagi Gross
Everyone agrees ESG principles are important aspects of companies’ activities, but these principles have also received considerable criticism. This criticism is not of the principles themselves, but rather is directed against companies that exploit these principles for the purposes of public relations and image-building. Such criticism also spotlights the considerable difficulties in implementing fundamental changes in business activities.
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Supreme Court Reverses Decision to Shorten Pfizer’s Viagra Patent Period
April 10, 2022
/ by
Gal Livshits
Two patents protected Pfizer’s Viagra medication in Israel. When one expired, the district court ruled the second had as well. The Supreme Court, however, determined otherwise.
See full post >
Israeli Amutot Business Activity – When Permitted and Under What Conditions?
February 10, 2022
/ by
Daniel Kleinman
Many believe the law prohibits an Israeli NPO (Amutah) from operating business activity in order to maximize profits for itself. One of the reasons for this is the language of section 1 of the Amutot Law. A more precise reading of the section shows it does not expressly prohibit such activity, but stresses it’s conditions.
See full post >
A Share Deal or An Asset Deal in Israeli Mergers & Acquisitions?
January 12, 2022
/ by
Ariella Dreyfuss
You have identified an Israeli target company to purchase. Now the question is – how to structure the acquisition? There are two traditional routes in Israeli private M&A transactions. The first is to purchase the shares of the target company, and the second is to purchase its assets. Each structure has benefits and disadvantages for the purchaser.
See full post >
2021 Snapshot: The Impact of Covid-19 on the Israeli Economy
October 24, 2021
/ by
Barnea
The advent of COVID-19 has brought a challenge to the stability of the economy of every country in the world. Fortunately, and unlike the situation in many countries, Israel’s economy grew by 15.4% on an annualized basis in the second quarter of 2021, and by 5.3% in entire first half of the year. The second quarter, of course, brought the bulk of the growth, exceeding that of Belgium, Canada, and the US among others.
See full post >
ESG: The New Must-Have in the Due Diligence Process
September 29, 2021
/ by
Sagi Gross
An assessment of environmental, social, and governance (ESG) factors has become an integral part of the due diligence review of companies. Such assessment may provide a potential acquirer with a detailed analysis of a company’s ability to operate successfully in a corporate world with growing environmental awareness. This is especially important for companies looking at merger and acquisition targets and seeking new investments. It is also important for any company for its future planning.
See full post >
M&A and Energy – Seven Tips for Israeli Energy Companies Who Wish to Expand Overseas
June 21, 2021
/ by
Samuel Henri Samuel
In 2020, clean energy companies led over 25% of all IPOs in Israel. With such monetary amounts being raised on the TASE, many clean energy entrepreneurs have turned their eyes to foreign markets to develop and expand their industry, especially in Europe and the United States. Here are seven tips for Israeli companies who wish to plan their entry into new energy markets overseas.
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A Good Start for A Successful Exit
June 9, 2021
/ by
Ken Shaked
Entrepreneurs? Launching a start-up? The first question you should ask yourself is what is your exit strategy. If you do not know the answer, you should stop and make a plan, because your exit strategy is your company’s success plan.
See full post >
Startups: How Much Is Your Invention Worth
May 23, 2021
/ by
Ken Shaked
Licensing agreements are the cornerstones of technology companies based on intellectual property. A licensing agreement is a legal contract between two parties, known as the licensor and the licensee. The licensor provides the licensee a right to use and a limited license, while the licensee accepts a series of conditions related to use of the product and payment for such use.
See full post >
Five Things You Didn’t Know about Impact Investing
April 11, 2021
/ by
Sagi Gross
In the last decade, impact investments have become an international trend to address global challenges in the areas of environment, welfare, health, employment, and education. In light of the development of the impact investments’ field, we recommend familiarizing yourself with several terms that may help when examining investments in general and impact investments in particular.
See full post >
The Importance of Contracts in Israel
December 20, 2020
/ by
Barnea
Law has a major role in Israeli business. Israelis feel their freedom to act is determined by what is allowed under law, and this includes what has been agreed to in a binding agreement. Therefore, legal contracts form the basis of the Israel business environment. The existence or absence of a binding agreement are the first question Israelis would consider. If a legal agreement has been entered into, Israelis would feel obliged to respect it. If however, the discussions have not been concluded in an agreement, most Israelis would feel they are not yet obliged to proceed with the other party. This is a strong contributor to the creation of certainty when doing business in Israel.
See full post >
Japan, the Land of the Rising Sun, and Interest in Israeli Hi-Tech Companies
October 1, 2020
/ by
Tal Freilich Hai
2014 was a good year for the Israeli-Japanese economic relationship. Viber’s USD 900 million acquisition by Japanese giant Rakuten and the R&D cooperation agreement between Japan and Israel marked the beginning of growing interest and a successful relationship between the two distinct countries.
See full post >
Israeli M&A players take note, the Warranty & Indemnity (W&I) Insurance market has matured.
August 20, 2020
/ by
Ariella Dreyfuss
This has opened the door to an era of massive discovery of thousands different kinds of documents of between the parties (Word documents, PDFs, Excel spreadsheets, emails, photos, and audio files), which was uncommon in the days of paper and binders.
See full post >
Using Open Source in Your Business? Beware the Fine Print
August 11, 2020
/ by
Barnea
Open source code is written by developers and for developers. The concept behind open source is to allow access to many developers and promote collaboration between them.
See full post >
Startup Funding in the Coronavirus Era
April 30, 2020
/ by
Barnea
Get up in the morning, go to work, sit in meetings, pick up the kids from school, go to the grocery store, work out at the gym, or just meet up with friends and family. It’s hard to believe that until a few weeks ago this described a normal day for most people. It’s clear today that no matter where we work, our age, and where we live, the reality of our lives, both personally and professionally, has changed immeasurably thanks to the new player in the market-the coronavirus.
See full post >
Is Your Business Ready for the Day After COVID-19?
April 14, 2020
/ by
Gal Livshits
After the coronavirus crisis passes, numerous legal disputes are likely to arise, since many companies will fail to meet their contractual-business obligations. It is recommended for each company to prepare also for the legal disputes in which it can expect to find itself.
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Contractual Obligations during the Coronavirus Outbreak
April 6, 2020
/ by
Samuel Henri Samuel
The coronavirus outbreak has stricken us all. Alongside the invasion of personal space, the virus’ effects have not spared the business arena, and the ability of both businesses and individuals to meet their contractual obligations is also in question.
See full post >
Protect Your Business by Learning How to Handle Data
March 4, 2020
/ by
Anat Even-Chen
,
Karin Kashi
In an attempt to assist businesses in addressing the privacy challenges they face, we prepared a short guide on the key principles of handling data.
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IPO – What’s Important to Know
December 16, 2019
/ by
Barnea
A private company considering an IPO should know it is a complex and long process, and one that may pose many challenges. Therefore, before deciding to undertake an initial public offering, a deep examination of the process is recommended.
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Seven Important Points before Fundraising through Crowdfunding
September 23, 2019
/ by
Alon Anava
Crowdfunding is by now not a new fundraising option for corporations in Israel. These seven points helps explain the ins and outs of the process and the players involved.
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Raising Early Stage Financing for Your Start-Up? The Do’s and Don’ts You Must Know
July 24, 2019
/ by
Itay Gura
Raising financing is tricky, stressful and for many involves navigating uncharted waters. Click to read for useful information to help you sidestep certain unhealthy choices.
See full post >
2019 Opportunities in the Israeli Market
July 17, 2019
/ by
Michael Barnea
In 2019, Israel remains “the Start-Up Nation” and a leader of technological innovation. Thanks to its strong currency, active economy, and robust export industries, it also continues to attract noteworthy international investments.
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The French Paradox
June 24, 2019
/ by
Samuel Henri Samuel
In contrast to Britain and Germany, France does not appear as one of the leading investor countries in the Israeli economy. Adv. Samuel Henry Samuel outlines the situation.
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Crowdfunding – The New World of Investments in Israel and in the United States
March 21, 2019
/ by
Zvi Gabbay
,
Hagit Ross
The crowdfunding model enables the general public investment opportunities that were previously reserved only for sophisticated or institutional investors. In this article we examine the Israeli and American models and why the Israeli legislators should find ways to make the crowdfunding channel more attractive, for both investors and companies seeking funding.
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Eight Basic Terms Relating to Antitrust and Competition
March 13, 2019
/ by
Sagi Gross
When reaching business decisions, nearly every manager must consider issues relating to restrictive trade practices. Click to read basic terms that every business should know about the antitrust law.
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How to Negotiate with a Prospective Angel Investor
November 15, 2018
/ by
Yuval Lazi
How you negotiate with an angel investor goes a long way in determining whether you will receive funding or not. Click to read some top tips for negotiating with a potential angel investor.
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Warranty & Indemnity (W&I) Insurance – It’s All in the Name
October 25, 2018
/ by
Ariella Dreyfuss
Sellers in an M&A transaction are required to make certain statements about the company they are selling. If these statements are not true, the buyer can claim against the seller for any damages it incurs as a result of the inaccuracies. W&I insurance can cover the cost (or part of the cost) of the buyer’s damages.
See full post >
Officers’ Liability in “Spam” Lawsuits
October 14, 2018
/ by
Daphna Klein
It is not common knowledge that officers of companies who customarily disseminate advertising messages in a manner that constitutes a violation of the Israeli Anti-Spam Law are personally exposed to lawsuits, even to class actions at millions of shekels.
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The New Reform in the Field of Privacy Protection and Information Security – the Day After and the Future …
August 6, 2018
/ by
Barnea
Israel’s new Privacy Protection (Information Security) Regulations came into effect this past May. These regulations constitute a significant reform and turning point in the field of personal information security in Israel and in protecting the privacy of Israeli citizens.
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Competition in the Communications Market and Preventing Margin Squeeze
July 23, 2018
/ by
Anat Even-Chen
Recently, the Ministry of Communications ordered Bezeq to begin implementing a “wholesale market” and selling its competitors access to telephony infrastructure at a regulated price. The objective of this directive is to expand competition in the fixed-line telephone market and to establish a separation between the infrastructure market and the communications services being purchased by consumers.
See full post >
2018 Opportunities in the Israeli Market
July 12, 2018
/ by
Michael Barnea
Despite the many internal and external challenges unique to Israel, the country has successfully transformed itself into a powerhouse of technological innovation. Israel has become an excellent destination for international business, boasting a strong local currency, an active local economy, and robust export industries.
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Israeli Non-profit Organizations (‘Amutot’), Public Benefit Companies and Everything in Between
June 10, 2018
/ by
Daniel Kleinman
New article by Advs. Asaf Shalev and Daniel Kleinman on founding an Israeli non-profit organization (of the type included in the “third sector”).
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GDPR – Why Should We Care about It?
May 28, 2018
/ by
Barnea
The EU’s General Data Protection Regulation is designed to help individuals better control their personal data. As this regulation applies also to those that offer products or services in the EU, major websites have begun updating their privacy policies to comply. Doing so is important for a number of reasons.
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Tread Carefully
May 7, 2018
/ by
Yuval Lazi
The GDPR craze has left everyone trying to tick off all the boxes in terms of regulatory compliance, while little attention is given to addressing: what happens if you actually get attacked.
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The First 48 Hours – How to Respond to a Data Breach
March 15, 2018
/ by
Yuval Lazi
If you’ve discovered that your company has been hacked, the first 48 hours are absolutely critical. Knowing how to actively marginalize further harm and eliminate cybersecurity vulnerability can be dealt with in the first 48 hours with an incident response plan.
See full post >
Goodnight 2017…
December 31, 2017
/ by
Ariella Dreyfuss
It has certainly been an interesting 2017 in the Israeli Hi-Tech world, here is a rundown of 5 highlights, in case you missed them.
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Fintech: Challenge and Potential
November 7, 2017
/ by
Michael Barnea
Fintech combines for the first time the worlds of financial services and technology, as banks and insurance companies serve as fintech’s main playing fields. As such, both sectors must become more efficient and acquire the technological solutions that will help them fulfill their roles.
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EU Privacy – Which Jurisdiction Applies?
November 5, 2017
/ by
Barnea
In an opinion issued to the European Court of Justice, the Advocate General of the Court stated that according to current legislation, any data protection authority in the European Union can take action against a breach of the privacy legislation enforced by that authority, even if the entity alleged to have contravened the legislation is located in another Member State.
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ICO Whitepaper
September 19, 2017
/ by
Zvi Gabbay
ICO is the abbreviation of Initial Coin Offering, a term inspired by the capital market term IPO (Initial Public Offering). This is when a company recruits debt or capital by publishing a prospectus offering of its securities to the public for the first time. A prospectus is a profound legal and accounting document that furnishes information about the company, its management, its businesses, and its financial position. Once a company’s securities are held by the public, it becomes a public company.
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Deliver a Strong Value Proposition to Raise Funds Effectively
September 7, 2017
/ by
Yuval Lazi
When you are ready to raise money to begin or expand operations for your startup, you cannot just ask and wait for money to pour in. Today’s investors are savvier than ever. They need to understand the value you create, for investors and for the market your company will serve. You need to understand your business model thoroughly, but you should also prepare concise answers to the questions any smart investor will ask.
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Risks in Boards of Directors’ Work
August 16, 2017
/ by
Barnea
“How did the board approve this?” Headlines like this pop up each time it is announced the Israel Securities Authority is investigating a public company’s transactions with its controlling shareholder, such as the latest allegations of deals between Bezeq and its controlling shareholder. But the real question that should be asked is, “Was the board given the right tools to perform its work?”
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Insolvency in a Nutshell
May 21, 2017
/ by
Barnea
Insolvency proceedings are an integral part of business-commercial activities, in circumstances whereby a person or corporation might need to institute proceedings to rehabilitate its business activities or even to liquidate the company.
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Ten Golden Tips for Distribution Agreements
April 30, 2017
/ by
Michael Barnea
Distributors, agents, resellers and OEM partners all share the same commercial function of selling goods to end users. Thus, although there are significant differences between the legal statuses of each of these players, this article below treats all of them collectively as “distributors”. Appointing a distributor involves significant inherent risks. The drafting of the distribution agreement may help in mitigating these risks and realizing the potential benefit of your relationship. While formulating distribution agreements you should pay special attention to the following key issues:
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Foreign Corporations Also Have No Immunity – Organizing a Restrictive Arrangement is Liable to Lead to Criminal Sanctions
December 21, 2016
/ by
Ilan Blumenfeld
,
Daniel Kleinman
A restrictive arrangement organized between an Israeli corporation and a foreign corporation, which results in significant harm to the competition in the Israeli market, is subject to the Israeli Restrictive Trade Practices Law.
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Less Remuneration, More Responsibility
November 23, 2016
/ by
Barnea
The issue of officers’ responsibility in general, and of directors in particular, is one of the key issues addressed in companies and securities laws in Israel. The subject has been deliberated, analyzed and gradually expanded over the years and, without doubt, onerous and extensive responsibility is imposed on directors in the current legal environment.
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Performing a Legal Due Diligence – Think before You Act
November 16, 2016
/ by
Ilan Blumenfeld
We have encountered numerous instances recently whereby investors were about to make an investment without performing a prior legal due diligence examination. There are various reasons put forward by investors for not performing a due diligence examination, such as: the contemplated investment is in a young company, insufficient budget, cost-benefit considerations, the volume of the investment, timetables, long-standing work relations between the investors and the corporation, and the like.
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Doing Business in Israel: a Nation Friendly to Business Investment
November 7, 2016
/ by
Simon Jaffa
Companies, countries, and individuals who are interested in doing business abroad are looking more and more towards Israel. This has not occurred by accident. Israel has devised and implemented national policies to make it a world leader in technology and innovation. The result is a nation friendly to business investment. With the right business and legal guidance, investors are discovering tremendous potential in this small but sophisticated country.
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How Brexit Might Affect the UK’s Environmental and Energy Law
September 13, 2016
/ by
Barnea
The European Union (EU) has driven environmental policy across Europe since its inception in 1992. With the United Kingdom’s (UK) referendum of withdrawal from the EU, though, how it responds in its energy and environmental legal and regulatory structure could affect not only the UK, but the European and even the global marketplace.
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China-Israel Relations: What You Need to Know
May 11, 2016
/ by
Barnea
China has a long-held reputation in the international community for being closed off from outsiders — a reputation that it cultivated for thousands of years. In recent decades, however, this past custom has rapidly been changing and China has become a world leader in manufacturing and production, leveraging a large population and an immense technological skill base. Today China is pushing for more growth, looking to drive innovation to launch its economy into the future. This has led to a trend of opening up to the world, and in keeping with that trend, China has begun to reach out to Israel.
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Funding your organization
February 8, 2016
/ by
Michael Barnea
"Funding your organization" - a lecture in Hebrew by Micky Barnea given to the program of the Executive U.S. Embassy Alumni. The lecture took place at the Tel Aviv-Yafo Municipality's Center for Young Adults, with the participation of William Grant, Deputy chief of Mission at the US Embassy. https://youtu.be/xosL4R7umnA
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Trends In The TMT Industry
December 24, 2015
/ by
Barnea
The Technology, Media & Telecommunications area is changing. We are now seeing new products, new services and innovation at a faster rate than ever before. The Israeli government identifies TMT as one of the most robust areas of the Israeli economy today and it encourages multinational companies to develop their IP within Israel. The government provides tax benefits, funds and grants to companies who develop their IP in Israel, under domestic and international programs, agreements, treaties and collaborations.
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Founders’ agreement – in a nutshell
December 14, 2015
/ by
Michael Barnea
A founders’ agreement is the first encounter between entrepreneurs who are embarking on a joint venture to establish a successful start-up company. A founders’ agreement reflects the relationship between the entrepreneurs inter se and between each of them and the joint venture. The importance of this agreement should not be underestimated. This comprehensive agreement, which is tailored to the nature, needs and aspirations of each of the entrepreneurs, and particularly those of the new venture, provides a strong foundation for a healthy and successful company.
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