Insights & News

In preparation for the entry into force on June 1 of an amendment to Israel’s Male and Female Workers (Equal Pay) Law, firm partner Netta Bromberg lectured to members of the Israeli Association of Publicly Traded Companies on the law, its significance, and how companies can prepare.

In 2021, capital compensation grew to become a more dominant component in the salaries of senior executives of companies traded on the Tel Aviv Stock Exchange. As part of an interview series with a number of capital markets experts in Globes, Micky Barnea noted, among other things, that "we are talking about managers who usually received their capital component, whether in options or in shares, before the company's issuance. This is not a negative phenomenon, as we would expect the chairman of the board, for example, whose role is to provide strategic support to the management staff, to have an identity of interests with the shareholders. When he holds such a capital component, which is positively affected by the rise of the stock, this creates an identity of interests."

The investment fund Plus Ventures and private investor Oren Abeksis claim they invested millions of shekels in a previous incarnation of Lusha and that they were defrauded by the entrepreneurs. Zohar Lande, Eyal Nachshon, Dana Bookstein, and Naama Ben Arosh Moshe are representing the plaintiffs.

The Tel Aviv District Court ruled the non-profit organization Shavei Israel had operated improperly for two decades in reporting to the Registrar of Associations that Ms. Sarah Green was a member of the organization. Ms. Green’s ex-husband, the founder of the non-profit, was apparently falsifying her signature on documents submitted to the Registrar. Ms. Green was represented by Advs. Zohar Lande, Gal Livshits, Zohar Haim Levinger, and Naama Ben Arosh Moshe.

There are unique work regulations on Israel's Memorial Day and Independence Day. Netta Bromberg, partner and head of our Employment Department, details to Ynet the major ones related to overtime hours and missing work.

Migdal Group has invested, together with other partnerships, in the alternative energy projects of Fu-Gen AG and Fu-Gen Assets 4 AB. Firm partners Micky Barnea, Ariella Dreyfuss, and Roy Engel advised on the NIS 1 billion investment.

Global economic strength is adversely affected by geopolitical risks. Corporations have a duty to be prepared. Click to read Niv Polani’s Calcalist op-ed.

Our firm participated in a "Zichlinskey Hosts" meeting held by SRI Global Group together with the Israel Directors Union.

We represented Amir Birman, one of the directors of Keren Or, in a sentencing appeal. The Supreme Court significantly reduced his sentence and granted him permission to appeal to Israel’s President for a pardon.

Mivna Group has acquired 50% of the shares of the Yad Hana Homesh Industries Cooperative Association for ILS 140 million. The parties intend to jointly establish an innovative logistics center in a total built-up area of about 100,000 square meters. The client was represented by Advs. Ilan Blumenfeld and Maya Zisser.

New Israel Competition Authority regulations impose a heavier reporting obligation on companies seeking to merge. These new regulations have many possible consequences, for better or worse. Firm partner Irit Brodsky discusses the changes in an in-depth article by Globes on the subject.

Our firm represented Menora Mivtachim Insurance Ltd., Shomera Insurance Company Ld., and Menora Pension and Provident Ltd. in a transaction to purchase 15% of Nisko Group's shares for NIS 180 million. Advs. Ilan Blumenfeld and Dor Levi-Tam advised on the transaction.

We represent the CEO of Granite Securities Portfolio Management in connection with his arrest and subsequent release under restrictive conditions following an investigation by the Israel Securities Authority. He is suspected of fraudulently obtaining loans totaling approximately ILS 6.5 million from the company's clients, making false representations in connection with those loans, and falsely representing that he provided investment advice in accordance with applicable law.

Professor Amichai Cohen enumerates the sweeping effect of the sanctions regime against Russia, and details important points for businesspersons in Israel.

Many transactions in the Israeli market made in dollars also have to go through American banks at some point, and are therefore subject to the American sanctions regime. In an op-ed published by Dun’s 100 Calcalist, Amichai Cohen argues international sanctions against Russia have had a significant impact on the Israeli market, and it appears the time has come for the Israeli government to recognize this.

Advs. Micky Barnea, Ilan Blumenfeld, and Daniel Kleinman from our firm represented Danel Group in the acquisition of Manor Medical, which operates in the surrogacy, egg donation, and medical tourism fields. This transaction constitutes the completion of Danel’s acquisition of Manor Medical based on a NIS 100 million valuation.

Our firm hosted a delegation of French aerospace technology companies. Firm partners Samuel Henry Samuel and Harel Perlmutter discussed various aspects of entering the Israeli market.

Liat Keisary, an expert in advising high-net-worth private clients, was interviewed by TheMarker about Russian oligarchs’ sudden interest in Israeli real estate. Liat detailed the difficulties these oligarchs now face in the wake of Russian sanctions in making payments and obtaining guarantees from banks in Israel.

Is Israel a tax haven for Russian billionaires? Our firm's Harel Perlmutter and other experts shed light on what is happening.