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/ Corporate
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.
See full post >
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.
See full post >
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.
See full post >
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.
See full post >
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.
See full post >
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.
See full post >
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.
See full post >
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.
See full post >
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 >
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