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November 29, 2023

Israeli Court Criticizes the Israel Police over its Use of AI Tools

A man who entered Israel with drugs in his possession sought to expose the Israel Police’s use of AI tools that resulted in his inclusion in a list of suspected drug couriers. The court’s criticism of the police’s tactics clarifies that even if the AI system leads to correct identification or to accurate decisions, its mechanisms must be transparent, explainable and auditable.

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November 23, 2023

Barnea: Webinar on Taxes and National Insurance

Our firm hosted a webinar in collaboration with the Israel Hedge Fund Association on national insurance payments during the Israel-Hamas war. Amos E. Rosenzweig, the former chief legal advisor of the National Insurance Institute and an of counsel at our firm, spoke about the various social assistance grants designated for military reservists, the families of abducted Israelis, and employees placed on unpaid leave.

November 23, 2023

Barnea: Webinar on the Work of Compliance Officers during Wartime

We hosted a webinar in collaboration with the Israeli Association of Corporate Counsel on the work of compliance officers during wartime. Dr. Zvi Gabbay, the head our firm’s Capital Markets Department, emphasized the actions required of compliance officers at this time by offering comparisons to other recent global war zones.

November 20, 2023

Swords of Iron: Compensation Outline for Businesses Law

After lengthy discussions, the Knesset approved a wartime compensation outline for businesses. The outline offers compensation of up to a maximum of ILS 1.2 million to businesses with annual turnovers ranging between ILS 12,000 and ILS 400 million.

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November 19, 2023

Israeli Private Companies and Prospectus Obligations | Barnea

For Israeli private companies aiming to secure investments, it is crucial to have a solid understanding of the obligations set forth by the Israeli Securities Law. Chief among these is the prohibition on conducting public offerings of securities without a proper prospectus, which, if violated, could lead to legal scrutiny.

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November 16, 2023

Swords of Iron: Unemployment Benefits and Unpaid Leave

The legislative process has ended and prescribes a series of reliefs and expansions in order to provide a solution for a relatively wide spectrum of employees sent home on unpaid leave as a result of the war. The law applies, inter alia, to pregnant women and women on maternity leave, employees with disabilities and employees over the age of 67.

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November 16, 2023

SEC Signals Intent to Regulate NFTs

The SEC is taking a regulation by enforcement stance toward NFTs and is creating legal uncertainty in the field. Will the Israel Securities Authority follow suit?

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November 14, 2023

Netta Bromberg Participated in Dun’s 100 Conference for Senior Legal Officials

Yesterday, Dun’s 100 hosted a conference for senior legal officials in the employment field to discuss the repercussions of Operation Swords of Iron on the Israeli labor market. Netta Bromberg, the head of our firm’s Employment Department, noted during the discussion that “on October 7, we woke up to a legal vacuum in the field of labor relations. We need to solve this large legal vacuum with common sense and good will. This should be reflected in how businesses handle employee statements, layoffs and downsizing, unpaid leave, and more.”

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November 14, 2023

Webinar: Labor Relations during a State of Emergency

Our firm hosted a webinar in collaboration with the Tel Aviv Central Israel Chamber of Conference. Netta Bromberg, the head of our firm’s Employment Department, lectured on the duties and rights of both employers and employees during wartime.

November 12, 2023

Operation Swords of Iron: Rise in Diaspora Jews Purchasing Real Estate in Israel

Recently, and against the backdrop of the ongoing Israel-Hamas war, there has been an increasing number of diaspora Jews purchasing apartments and properties in Israel. Along with other experts in the field, Liat Keisary, the head of our firm’s Private Clients Department, was interviewed by Ynet for an article on the subject. Liat explained that this trend, along with the weakening of the shekel, is expected to lead to a sharp increase in the purchase of luxury properties in Israel.

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November 6, 2023

Compensation to Employers for Evacuated Employees’ Wages

Employers may claim compensation for wages paid to employees unable to report for work because of evacuation from one of the border communities specified in government decisions.

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November 5, 2023

US President Signs Executive Order on Safe Use of AI

The United States is looking to institute rules for the safe development and use of artificial intelligence, to regulate government use of AI, and to establish its leadership in the AI field.

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November 5, 2023

UK Increases Child Safety Online

The new UK Online Safety Act is part of a wave of European legislation seeking to protect children from online age-inappropriate content, exploitation, and other online dangers.

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November 5, 2023

Employing Teenagers during Operation Swords of Iron

The Israeli Minister of Labor signed a general permit to employ teenagers during evening hours due to the state of emergency in the economy. This permit expands the work hours during which teenagers between the ages of 16 and 18 may be employed.

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November 5, 2023

Ruling: Pre-Sale Dividend Distribution to Reduce Tax Liability

Legitimate tax planning or an artificial transaction to reduce tax liability? Israeli court ruling on a dividend distribution prior to a sale of shares or holdings of a company.

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November 2, 2023

Draft Bill: Compensation for Businesses Affected by the War

The compensation for businesses will be based on their fixed expenses, which they must bear despite the decrease in revenue and business activity, and to help businesses survive the period.

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November 2, 2023

Wartime Financial Assistance Plan: Unemployment Insurance

The experience acquired in Israel during the COVID-19 pandemic provided the groundwork for the creation of a more favorable plan to support employees on unpaid leave, in order to assist businesses experiencing severe financial losses.

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November 1, 2023

Barnea: “A Legal View on Israel’s War with Hamas” Webinar

We hosted the webinar “A Legal View on Israel's War with Hamas” for colleagues and international clients. Prof. Amichai Cohen, a special counsel at our firm who specializes in the laws of armed conflict, provided an overview of the situation and answered questions. Topics discussed included the status of the abducted and captive Israelis, the limitations imposed on Israel during battle, the blockade on the Gaza Strip, and the transfer of humanitarian aid.

October 31, 2023

Swords of Iron: Israel Securities Authority Guidelines and Reliefs

The Israel Securities Authority has announced several reliefs due to Operation Swords of Iron, mainly the postponement and extension of deadlines.

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October 30, 2023

New Compensation Plan for Reservists – Interviews with Netta Bromberg

This week, the Israeli Ministry of Finance launched a new compensation plan for military reservists. As an expert in the employment field, Netta Bromberg was interviewed by several major Israeli media outlets on the subject.

To read the Mako article, click here.

To read the Globes article, click here.

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