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Tax Facts on Renting Out Apartments in Israel and Abroad – Podcast with Firm Partner Harel Perlmutter on Calcalist Website

Are you renting out an apartment? It is important to be aware of the existing rental income tax tracks, if there is a difference between the taxation of short-term rental apartments and long-term rental apartments, and the rules on renting out apartments abroad.

 

Adv. Harel Perlmutter, partner and head of our firm's Tax Department, addresses all these questions in a comprehensive podcast on the taxation of renting out apartments in Israel and abroad.

Categories: Tax

Zvi Gabbay Interviewed by Calcalist as Expert on White-Collar Crime

Zvi Gabbay, the head of our firm's Capital Markets Department, was interviewed by Calcalist along with several other of Israel's leading lawyers in the field of white-collar crime and criminal law.

 

Zvi addressed the core issues of the field and the impact of COVID-19, and provided his forecast for several ongoing major cases.

Categories: Capital Markets | Enforcement

Representing Azrieli Group in NIS 2.8 Billion Acquisition of Norwegian Data Center Company

Our firm represented Azrieli Group, the largest income-producing real estate company in Israel, in a share purchase transaction of the Norwegian company 'Green Mountain' for NIS 2.8 billion. The Norwegian company operates three server farms in Norway and holds contracts with a total volume of 24 megawatts.

Categories: Corporate | Investments | Mergers and Acquisitions

Representing Azrieli Group in Franchise Agreement with AllSaints

Our firm represented Azrieli Group in the acquisition of the franchise for leading British fashion brand AllSaints. Firm partner Ariella Dreyfuss represented the client in the franchise agreement. The first store will be launched in August 2021.

Categories: Corporate

The Demand for Directors in Publicly Traded Companies

The demand for directors in publicly traded companies is increasing in light of the growing wave of IPOs on the Tel Aviv Stock Exchange.

An expert on the capital market, Micky Barnea was interviewed on the subject by Globes. He explained the significance of the director position in companies, as well as the role's related risks and responsibilities.

Categories: Capital Markets

Expert Panel: Challenges of Entering the US Market

Firm partner Daniel Lorber, who specializes in high-tech and startups, will participate in an expert panel on the challenges of entering the US market. This subject is particularly relevant for young startups who have found such a move difficult.

Categories: High Tech | Start Ups

Real Estate Transactions Using Digital Currencies – Regulatory Challenges

The volume of real estate transactions incorporating digital currencies is expected to grow in the coming years, especially among young, wealthy, tech-savvy professionals. Zvi Gabbay, the head of our firm's Capital Markets Department and a former head of enforcement at the Israel Securities Authority, was interviewed by Globes on the trend. Zvi noted the regulatory challenges that exist in these types of transactions.

Categories: Blockchain | FinTech | Real Estate

Webinar: Responsibility of Compliance Officers in Organization

The Compliance Forum of the Association of Corporate Counsel in Israel hosted a webinar this morning on the responsibilities of compliance officers in organizations.

As part of the webinar, Dr. Zvi Gabbay discussed new trends and developments, as well as the normative basis for imposing personal responsibility on compliance officers in organizations.

Categories: Compliance

Shapir Group Acquires Engineering Company Lipsker for NIS 32 Million

Micky Barnea, Ilan Blumenfeld, and Daniel Kleinman represented Lipsker, an Israeli company that specializes in performing geotechnical work, in its sale to Shapir Engineering and Industry, Israel's leading company in the construction, development, and infrastructure fields. Our legal services include antitrust aspects.

The value of the transaction is approximately NIS 32 million.

Categories: Investments

Options to Buy Shares in a Company – Important Things to Know

Offering options to buy a company’s shares has become a legitimate benefit even for companies not in the high-tech field.

As an expert in the field, firm partner Daniel Lorber was interviewed by Globes on what it means to receive options in a company.

Categories: Corporate | High Tech | Start Ups

Older Workers' Challenges in Reentering the Employment Market

We are on the cusp of a challenging period, with hundreds of thousands of jobseekers trying to reenter the employment market. For many of them, especially older workers (55 and up), this is a frustrating task.

Netta Bromberg, the head of our Employment Department, was interviewed by the "Tzeva Hakesef" radio program about the legal aspects of employing workers aged 55 and up.  

Categories: Employment

Webinar: Contacting Investors – Do's and Don'ts

The Israel Hedge Funds Association (IHFA) is hosting the webinar "Contacting Investors – Do's and Don'ts." As part of the webinar, Dr. Zvi Gabbay, the head of our firm’s Capital Markets Department, will discuss the legal infrastructure required for reaching out to investors.

Categories: Capital Markets

Representation in "Pancake House" Family Business Dispute

A family business dispute between the family members of the founder of the "Pancake House" chain has recently made headlines.

 The dispute erupted when one of the founder's sons accused his nephew (the founder's grandson) of violating the chain's trademarks by launching a new Tel Aviv venture called "TLV Pancake House" as a continuation of his grandfather's legacy.

Our firm’s Eyal Nachshon and Naama Moshe are representing TLV Pancake House and the founder's grandson in the legal proceedings.

 

Categories: Litigation

Representing Danel Group in an Investment in a Medical Technology Company

Our firm’s Micky Barnea and Itay Gura represented Danel, a human resources, nursing, and medical services company, in its acquisition of 22% of Aviv Scientific, a leader in improving brain performance and treating the aging process. The transaction’s value is USD 22 million.

Categories: Corporate | Investments | Mergers and Acquisitions

Webinar: Cyber and Privacy in International Law

Bar-Ilan University's International Law Club & Global Law Forum is hosting the webinar "Cyber and Privacy in International Law". As part of the webinar, Anat Even-Chen, a partner and the head of our firm's regulation practice, will discuss the international aspects of privacy and cyber security law.

Categories: Cyber | Internet | Privacy Law

Purchase of Agricultural Land – Appraisal Standard No. 22

The purchase of agricultural land has become a common investment channel with high chances of success. Alongside this, there are a few risks potential buyers must prepare for.

Hagit Ben Moshe, who leads the kibbutz and agricultural sector at our firm, was interviewed by Ynet for an article on the risks of purchasing agricultural land. She explains what appraisal standard no. 22 is and its importance in such purchases.

Categories: Kibbutz Sector | Real Estate

Environmental Law Club Launch Event

Our firm is proud to serve as the legal partner of the Environmental Law Club of Bar-Ilan University. As part of the launch event taking place on June 15, 2021, Dr. Zvi Gabbay will present our firm.

IPO Wave Continues to Flourish – How Should Companies Prepare for an IPO?

 

The growing wave of IPOs on the Tel Aviv Stock Exchange is pushing an overwhelming number of private companies to consider going public. 

Zvi Gabbay, head of the firm's Capital Markets Department and a former head of enforcement at the Israel Securities Authorities, was interviewed by the TheMarker for an article on the trend. Zvi explained how companies considering an IPO must behave vis-a-vis the public and the regulatory authorities in order to succeed.

Categories: Capital Markets | Financial Regulation | IPOs and Public Offerings

G7 Countries to Impose Global Minimum Corporate Tax Rate

 

Last weekend, the leaders of the G7 countries signed an agreement to impose a uniform global corporate tax rate of 15%.

Harel Perlmutter, partner and head of our Tax Department, was interviewed by Calcalist about the decision and its impact on Israel.

Categories: International Taxation | Tax

Representation in a dispute with a cooperative association

In recent days, the story of an Arab citizen named Samar Graeb has made headlines. About a year ago, he bought a house in the "Hapoalim neighborhood" in Afula and applied to be accepted as a neighborhood resident. The neighborhood committee rejected his request, claiming that it was a neighborhood with a Jewish, Zionist, and secular character.

 

Firm partner Shai Avnieli is representing Mr. Graeb in proceedings before the neighborhood committee and has appealed its decision.

 

Next week, a meeting is expected to convene, during which members will vote on whether to accept or reject the neighborhood committee's decision.

Categories: Litigation