Latest Updates

September 6, 2017

Adv. Marie Tsion Addresses Various Legal Issues Involving Job Acceptance

Adv. Marie Tsion, head of the firm's Employment Department, will lecture today at the Human Resources Forum of the North on legal issues related to job acceptance: evaluation centers, refusals, and the law for the prevention of discrimination.

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September 6, 2017

Adv. Yuval Lazi Lectures on Intellectual Property in the Entrepreneurship World

Adv. Yuval Lazi will lecture today at the Heseg Innovators Program (HIP) on issues of intellectual property in the entrepreneurship world.

September 5, 2017

Adv. Micky Barnea Discusses Late-Stage Startups' Challenges at IBM Accelerator

Adv. Micky Barnea, the firm's managing partner, will lecture today at the IBM Alpha Zone Accelerator on the challenges of late-stage startups.

September 5, 2017

Who Owns Employee-Created Inventions: the Employer or the Employee?

We were interviewed by TheMarker on who owns the Facebook page of a popular TV program—the host or the network—and asserted that all intellectual property created by a worker in the framework of the workplace belongs to the employer.

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September 4, 2017

Government Approves National Policy for Safe Identification

Israel's government recently set forth a decision approving the key points of a national “safe identification” policy. The purpose of this policy is to define how a person’s identity is to be verified when receiving government services in a digital mode, in order to improve the services being provided to residents, and to simplify the access to these services.

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September 4, 2017

September 2017 News Flash – Employment Law

Several new updates regarding lifting the corporate veil, calculating severance pay for hourly employees and issuing electronic pay slips.

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August 30, 2017

Consumer Protection Law Prescribes a General Arrangement for Canceling Transactions

An amendment to the Consumer Protection Law was enacted recently, regulating the ways by which consumers can cancel transactions and imposing obligations on businesses to disclose to consumers how they can cancel transactions.

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August 29, 2017

Fair Lending Law Finally Approved

The Knesset recently approved Amendment No. 5 to the Regulation of Nonbank Loans Law, which is now called the Fair Lending Law. This comes after years of deliberations and in the long wake of recommendations submitted in 2013 to increase competition in the banking system.

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August 29, 2017

Walla! Interview on Investigation into Former Bank Leumi Officials

We were interviewed by Walla! about a criminal investigation into former Bank Leumi officials in connection with a US tax fraud scandal. We noted that we expect US investigators to work closely with their Israeli counterparts through the Ministry of Justice’s international legal assistance framework.

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August 29, 2017

TheMarker Op-Ed: Regulation of Digital Coins

An op-ed in The Marker on the regulation of digital currencies asserts that there will be no choice but to build a unique regulatory model that matches the characteristics of these new financial instruments.

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August 28, 2017

Israeli Innovation in Bolstering the Water Supply

One of the great ironies of life on earth is that, on a planet that is approximately 75 percent covered in water, the demand for safe drinking water is higher than the supply. Fresh water makes up only about 2.5% of the total water supply, and for a continuously growing population, this creates some limits. Fortunately, technological innovations are creating solutions for a world that needs more water, and Israel is leading the way.

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August 21, 2017

Transfers of Data Base in M&A Transactions

The Israeli Law, Information and Technology Authority (ILITA) recently published a new draft directive regarding the handling of customers’ personal information (which is organized as a registered database or as a database under compulsory registration) when it is held by an acquiree company and is being transferred to the acquirer company within the scope of a merger or acquisition transaction.

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August 16, 2017

Risks in Boards of Directors’ Work

“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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August 16, 2017

TheMarker Interview: SEC Allegations Against Mobileye Founders

The US Securities and Exchange Commission (SEC) recently filed a lawsuit in a US court against an Israeli citizen and an American citizen for the use of insider information to acquire shares and options at Mobileye. The lawsuit alleges that Mobileye's founders supplied information about the huge deal being forged between it and Intel. Our firm was interviewed by TheMarker about the lawsuit, and we noted the differences between the enforcement process in Israel and the US and the relationship between civil enforcement by the SEC and criminal enforcement by federal prosecution.

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August 15, 2017

Adv. Ariella Dreyfuss Lectures at HUstart – The Hebrew University Entrepreneurship Center

As part of our cooperation with HUstart, The Hebrew University Entrepreneurship Center, Adv. Ariella Dreyfuss will speak today to participants of the Trans-Disciplinary Innovation Program. Ariella’s lecture will focus on the legal aspects of raising initial financing.

August 15, 2017

HR Challenges for Startups

Lawyers from our Employment Department will deliver a lecture today to entrepreneurs participating in the advanced stages of StarTAU’s entrepreneurship program. The lecture will focus on employee recruitment and the challenges of hiring human resources professionals at startups.

August 13, 2017

The New Fair Rent Law – What Do You Need to Know?

In July 2017, the Fair Rent Law was enacted, an initiative of MPs Stav Shaffir and Roy Folkman. The main objectives of the New Law are to regulate the relationship between tenants and landlords and to define the minimum conditions for an apartment to be deemed “fit for dwelling.”

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August 9, 2017

The Application of Foreign Privacy Laws on Israeli Activities – Really?

One of the key privacy protection issues in Israel is whether and to what extent the activities of an Israeli company may be subject to foreign privacy protection laws. This question has become of critical importance since the enactment of the General Data Protection Regulations in the European Union.

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August 8, 2017

Monetary Authority of Singapore to Begin Regulating the Issuance of Virtual Currencies

Adv. Daniel Israeli was interviewed by TheMarker after the Monetary Authority of Singapore (MAS) announced it would begin regulating the issuance of virtual currencies (ICO). Daniel noted that Singapore has developed into a destination of sorts for ICOs, and thus the MAS' decision will certainly change the rules of the game.

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August 7, 2017

Supreme Court Precedent – Companies Have the Right to Independent Standing during a Derivative Suit

A significant precedent was handed down recently by the Israeli Supreme Court, whereby a company’s separate and independent standing must be recognized, even after a motion for a derivative suit has been approved.

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