Insights & News

Adv. Hagit Ben Moshe, who leads the firm's Kibbutz Sector Department, was interviewed by TheMarker. Hagit emphasized in the interview that purchasing land, unlike buying an apartment, is primarily at the theory level. "In most cases, companies in this field sell you an option to rights in the land, dependent on several conditions, such as changing the land's designation and completing the planning. Unless the plan is already approved, no one can guarantee you with any certainty on when or if the conditions will be met and your dreams will come true. We've encountered several cases where people buy agricultural land based on promises from the authorities, and then the authorities back down from the plans, or even expropriate the land for themselves. If the authorities cannot provide certainty, then certainly the people in sales offices can’t either."

Our firm organized a webinar for legal advisers and compliance officers, in partnership with ACC Israel. As part of the webinar, we lectured on the connection between ethics and obedience. Are they in competition or do they complement one another? 

Our office will host on December 3, 2020, from 10:30-11:30 am, a webinar entitled "Proper Management in a Changing Labor Market." Topics include innovations in hearing procedures for terminating employees in light of COVID-19 and the impact of digital life on organizations and the nature of work.

We lectured today on the distribution and marketing of hedge funds as part of a virtual conference held in collaboration with the Israel Hedge Funds Association and the international law firm Katten Muchin Rosenman.

A number of US pharma companies have issued a joint statement promising not to shorten the process for developing a coronavirus vaccine or to prioritize narrow economic considerations over public health. This cooperation between competing companies challenges existing perceptions about the business sector and shows that sometimes public health is no less an important consideration. Is now the time for companies to value the public good and other relevant stakeholders over company shareholders? Read more in an op-ed in Globes.

Adv. Simon Jaffa and Adv. Ariella Dreyfuss represented Knorr-Bremse, the German global market leader for braking systems for rail and commercial vehicles, in its USD 10 million investment in the Israeli railway safety company Rail Vision.

In mid-September 2020, a series of articles were published by a group of foreign journalists, based on the collection and analysis of over 2,500 leaked documents from FinCEN, the US equivalent of the Israel Money Laundering and Terror Financing Prohibition Authority. The leak of such sensitive information may cause banks and financial institutions to think twice before reporting suspicious financial activity, which would be a mistake. Read more in an op-ed in Calcalist.

In recent months, COVID-19 has prompted many employers to close their offices and require employees to work from home, sometimes indefinitely. Employers and employees alike have discovered that work does not always require a physical presence in the office. This shift has created a new challenge: Israelis working abroad are asking to return to Israel to be closer to family, or their employers are asking them to return to reduce costs. But what happens when an Israeli employee works for an international company with no presence in Israel? What legal requirements apply? In an article published by Calcalist, Adv. Netta Bromberg, head of our Employment Department, explores these questions.

The Israel Investor Relations Forum of the Israeli Association of Publicly Traded Companies, in collaboration with the Tel Aviv Stock Exchange, has launched an investor relations course for executives from leading companies. Yesterday’s session focused on regulation, including the rules of the game and how to publicize announcements to international investors.

As part of our legal counsel to the Israel Hedge Funds Association, we are proud to be involved in the IHFA's 8th Annual Conference. The theme of the conference is “It's A New World Out There – Hedge Funds Navigating COVID.”

In an important ruling recently handed down, the Tel Aviv District Court rejected a ILS 120 million lawsuit filed by Habas Group against the company's managers. Judge Kabub's ruling constitutes an initial interpretation of a new section of the the Insolvency and Rehabilitation Law, which deals with the degree of responsibility that can be attributed to managers when the company they run becomes insolvent.