Insights & News /  

Our Litigation Department is representing  the board of directors and active management of Habima Theater in liquidation proceedings filed by the company's creditors and in legal proceedings directed by the company's temporary trustees.

Dr. Moshe Bareket, the Director General of the Israel Capital Markets Authority, has proposed postponing payments, by deferring or replacing debt in order to raise interest rates to bypass a debt settlement, as part of a rescue plan for the corporate market. His proposal is largely based on the method presented by Adv. Zohar Lande, the head of our Litigation Department, in an op-ed published earlier this week.

Harel Perlmutter was interviewed by Tax Notes International following criticism that the reliefs the Israel Tax Authority issued for taxpayers in light of the coronavirus pandemic are insufficient.

Yuval Lazi participated today in the demo day of the Jump TAU Jewish-Arab Accelerator Program. In light of the coronavirus pandemic, the meeting took place online.

Dr. Zvi Gabbay, together with Lior Segev, the co-founder and CEO of Liquant Asset Management, hosted today an online seminar for members of the Israel Hedge Funds Association on business continuity planning during the coronavirus.

The coronavirus crisis is affecting both stock prices and corporate bond prices and yields in the capital market. Zohar Lande, in an article for Bizportal, explains that the Israel Securities Authority must create a “fast-track mechanism” that allows companies to choose to be included in a debt restructuring arrangement subject to the different criteria.

 As experts in the real estate field, our firm was interviewed about Globes about the use of the force majeure clause in real estate contracts We noted, "The law does not have a uniform definition of what a force majeure event is and interpretation is made in accordance with previous rulings.”

Adv. Hagit Ben Moshe was interviewed by TheMarker following the Israel Land Authority’s declaration that the Appeals Committee’s decision will only be considered a  recommendation and not an obligation. Hagit commented that “this decision could have far-reaching impact.”

A podcast featuring Adv. Lee Alter discusses the rights of employees in home quarantine or on unpaid leave due to the coronavirus pandemic

Micky Barnea was interviewed by Globes on the coronavirus’ effect on both the corporate and government bond markets.

Lee Wenliang was the first person to identify the coronavirus. He sought to warn the public about the virus and paid a personal price for doing so.

Individuals like Wenliang are referred to in Hebrew as “information leakers,” at best, and snitches, at worst. The apparent distinction between an "information leaker" and a snitch is in many cases a question of the party involved—one person's "information leaker" is another person's snitch.

In an article published by TheMarker, Micky deals with the terminology surrounding the leaking of information and the need for organizations to stress appropriate language so such actions are seen as a positive. Employers should also encourage internal reporting mechanisms.

Adv. Netta Bromberg was interviewed by Mako in honor of International Women's Day to discuss women's status in the labor market.

2019 was a record year for femtech (female technology), a term generally applied to a category of software, diagnostics, products, and services that use technology to focus on women’s health. As this is one of the most growing markets in recent years, Adv. Ariella Dreyfuss was asked by Start-Up Nation Central to discuss the challenges and potential in the market. In an interview, Ariella commented that "femtech is essentially a palatable term, a euphemism, to describe tech products and services in the field of female health: digital health apps, consumer health tech products, and medical devices that address menstruation, menopause, fertility, breastfeeding, incontinence, contraception, and female cancers.”

As part of the firm's collaboration with Tel Aviv University's Entrepreneurship Center, we were invited to lecture students on the relevant legal aspects of entrepreneurial activity. We discussed the basics behind founders’ agreements and why it's important to make such an agreement. Yuval Lazi explained the methods, possibilities, and challenges of venture capital raising, from family and friends to exits. Anat Even-Chen concluded with a lecture on online business activities, including what website policies should contain and how to build a business correctly so as not to be exposed to privacy issues.

Simon Jaffa and Dr. Zvi Gabbay take a look at the challenges and opportunities in the Israeli fintech sector in this short article.

Our firm represented the Spanish multinational industrial group MAT Investment Holdings in the merger of its Israeli subsidiary Dorot Management Control Valves from Kibbutz Dorot with A.R.I. Flow Control Accessories, a company owned indirectly by Kibbutz Kfar Haruv.

Dr. Zvi Gabbay served as a panelist for the annual FOW event. The panel discussed the essentials for entrepreneurs entering the fintech market.

Hagit Ben Moshe published an op-ed in Globes on the proposal to amend the rules for restoring agricultural land to the Israel Lands Authority, which will reduce the incentives offered to farmers. Hagit noted that since the decision has been postponed until after next week's election, it is worth taking the time to prepare accordingly.

As experts in the TMT field, our firm was asked to contribute the Israeli law and practice overview for the Chambers Israel TMT guide. In their overview, Micky Barnea, Daniel Lorber, and Anat Even-Chen discuss legal considerations for big data, machine learning, and artificial intelligence. They also address key data protection principles, the challenges with IT service agreements, privacy matters, and more. As a whole, the TMT guide offers insights for each jurisdiction.

Adv. Daniel Lorber participated today at the Israeli Go Global Forum meetup. Daniel presented to participants the issues that arise when deciding whether to recruit a local manager versus relocating an Israeli manager abroad.