Latest Updates

June 20, 2022

Youth Employment over Summer Vacation

Summer vacation is here. It’s time for an important reminder on youth labor laws.

June 16, 2022

Evaluating National Security Aspects of Foreign Investments: Between National Security and Economic Uncertainty

In October 2019, Israel’s Ministerial Committee on National Security Affairs (the National Security Cabinet) decided to devise a mechanism for scrutinizing foreign investments in Israel. At the mechanism’s core is the “Advisory Board for Evaluating National Security Aspects of Foreign Investments.”

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June 16, 2022

New Israeli Directives on Cyber Risk Management and Risk Management for Regulated Financial Service Providers

CMISA recently published two new risk management circulars for financial service providers, including small entities.

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June 16, 2022

Doral Renewable Energy Signs USD 390 Million Financing Agreement for Mammoth North Energy Project

Funding for the project in Indiana, which is expected to produce about 1,600 megawatts of clean energy, is being put forward by a consortium led by Deutsche Bank. Advs. Roy Engel and Samuel Henry Samuel represented Doral in the transaction, alongside McDermott Will Emery.

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June 15, 2022

Whistleblower Protection in the Workplace

An amendment to the Protection of Employees extends the statute of limitations period for filing a claim from one year to three years.

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June 13, 2022

Bank of Israel Continues to Regulate Use of Cryptocurrencies

The risk of money laundering is one of the main risks involved in using and trading cryptocurrencies. This amendment to Proper Conduct of Banking Business Directive 411 addresses how banks should manage money laundering and terror financing risks.

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June 13, 2022

Doing Business in Israel: Fintech

International companies and individuals seeking to expand into a new area of business or expand their international business into Israel must understand the relevant legal landscape and how it may shape their operations. In this article, we will focus on international companies in the fintech sector considering offering services in Israel or to Israeli clients.

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June 9, 2022

The End of Working from Home? Interview with Netta Bromberg

Many companies have started to inform their employees of a total return to in-person work. Adv. Netta Bromberg, the head of our firm’s Employment Department, was interviewed on the subject by Globes, clarifying, "Not every change constitutes a deterioration of working conditions.”

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June 8, 2022

The Rules of the ESG Game Have Changed- Zvi Gabbay Column in TheMarker

USD 1.5 million fines, preliminary administrative proceedings, dramatic resignations—growing enforcement on ESG issues is becoming a bigger trend. Who should be preparing for this change and how will it affect Israeli companies?

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June 8, 2022

Sagi Gross Lectures to Bar-Ilan University’s Law and Environment Club

As part of our ongoing collaboration with Bar-Ilan University’s Law and Environment Club, Adv. Sagi Gross lectured to students of on the environmental aspects of MA transactions. He discussed due diligence processes, indemnity mechanisms, ESG investments, and more.

June 7, 2022

Pitch Day: IBM Alpha Zone

As part of our firm's collaboration with the IBM Alpha Zone accelerator, Advs. from our firm took part in the judging panel that examined the eleven startup companies participating in the venture. They also talked to the entrepreneurs about technological ideas, business plans, and innovation.

June 2, 2022

Dr. Zvi Gabbay Article Featured in "Law and Business" Journal

An article co-written by Dr. Zvi Gabbay, head of our firm's Capital Markets Department, will be featured in the next volume of Reichman University's "Law and Business" journal. The article deals with requests for early disclosure of documents under the Companies Law and how Israeli courts examine such requests, in a way that often misses the purposes of the request and sterilizes it from its content

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June 2, 2022

Kedma Capital acquires "Zriha Hlavin Industries"

Adv. Ilan Blumenfeld, Hagit Ross and Dor Levi-Tam represented the sellers in the transaction for the sale of all their shares in Zriha Hlavin to Kedma Capital.

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June 1, 2022

Insider Information: Investor Relations Forum Event at Barnea

Our firm hosted Zvi Rabin and members of the Investor Relations Forum to discuss insider trading. Dr. Zvi Gabbay lectured on the characteristics of the crime, how the Israel Securities Authority handles such offenses, and the importance of obtaining professional legal assistance.

June 1, 2022

Workplace Rights for LGBTQ Couples

LGBTQ couples have clear rights under Israeli labor law, even parental leave.

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May 30, 2022

Netta Bromberg Lectures at In-House Counsels for In-House Counsels Forum

Netta Bromberg lectured to members of the In-House Counsels for In-House Counsels Forum on recent questions regarding contracting with service providers, in light of the latest court ruling on the subject.

May 29, 2022

Criminal Law and the Adoption of the “Aggregation Theory”

Israeli courts have adopted the “aggregation theory” when approaching the task of convicting defendants. It now seems this theory might also be applied to the “abuse of process” defense.

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May 26, 2022

SightVision Completes Acquisition of Terravision

SightVision Information Systems Ltd. has completed a 100% acquisition of Terravision Ltd., which develops applications and provides services in the geographical field, and has been developing advanced mapping systems for over 30 years. SightVision also completed the acquisition of 100% of the rights in the partnership Terra-Design 3D Mapping, which provides 3D modeling services. Advs. Ilan Blumenfeld and Dor Levi-Tam represented SightVision in the transaction.

May 24, 2022

Danel Acquires Additional 10% of Enaim Medical Center

The NIS 43 million acquisition will make Danel the owner of 61% of Enaim Medical Center. Advs. Ilan Blumenfeld and Daniel Kleinman represented Danel in the transaction.

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May 23, 2022

Hagit Ben Moshe Speaks at Water Economy and Renewable Energy Conference

Adv. Hagit Ben Moshe, a partner and the head of our firm's cooperative societies practice, was a featured speaker at the annual Water Economy and Renewable Energies Conference. Hagit discussed the challenges of contracting between rural settlements and entrepreneurs in renewable energy projects.

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