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Hosting the Florida-Israel Business Accelerator

Our firm hosted today a meetup of the Florida-Israel Business Accelerator. Yuval Lazi and Harel Perlmutter met with the participating startups and discussed the challenges and opportunities of working with the US.

Categories: High Tech | International Taxation | Start Ups | Tax

NIS 10M Lawsuit against Yaron Roziak and Rabbi David Ifergan

Our firm is representing Kobi Zaid, the founder of Zaid Orniv, in a shareholder dispute and a contract enforcement lawsuit against the businessman Yaron Roziak and Rabbi David Ifergan.

Categories: Litigation

Eyal Nachshon Op-Ed: New Supreme Court Ruling Will Allow Businesses to Repel Class Actions

Eyal Nachshon, Partner at our Litigation Department published an op-ed in Dun's Calcalist on the new Supreme Court ruling that would-be plaintiffs must approach defendants before filing a class action suit. According to Eyal and Amichay, this ruling is significant news for private businesses seeking to repel class action lawsuits.

Categories: Class Actions | Litigation

Yuval Lazi Summarizes 2019 in Cyber

The People website interviewed cyber experts, including Yuval Lazi, about prominent trends in the cyber world in 2019.

In a world where the cyber-attack industry is valued at more than $1 trillion a year, and attacks are increasing year after year, Yuval Lazi explains that corporations have begun to internalize that technological solutions alone are not enough. Corporations have thus begun to adopt a more holistic and broader approach.

 

Categories: Cyber | High Tech

Hagit Ben Moshe Featured in Globes' Real Estate Supplement on Regulation of Land Use

Hagit Ben Moshe published an op-ed in Globes' Real Estate Supplement on a district court ruling about the regulation of agricultural land use. According to Hagit, the ruling indicates a trend of harsher enforcement and signals that all agricultural communities must act without delay to regulate land use.

Categories: Kibbutz Sector

Micky Barnea Op-Ed: TASE IPO – The Light at the End of the Tunnel?

Globes published an op-ed by Micky Barnea on the Tel Aviv Stock Exchange's latest move to attract new investors with a public offering of its shares. According to Micky, "This listing could be a turning point in anticipation of a long-awaited change, bringing a revival of the stock exchange and the domestic capital market."

Categories: Capital Markets | IPOs and Public Offerings

Lee Elbaz Trial Ends with Sentencing

Our firm served along with US attorneys as representation for Lee Elbaz, the CEO of Yukom Communications, in her criminal trial in the United States. Lee was convicted of binary options fraud in August and sentenced last week. Dr. Zvi Gabbay and Adv. Hadar Israeli, who represented Elbaz from her arrest, were interviewed by the media following the sentencing in a Maryland federal court. According to them, "The degree of harshness in US prosecutorial policies and in sentences for economic offenses is infinitely higher than in Israel. "

Categories: Capital Markets | Enforcement

Coffee and Fair Use: Zohar Lande Lectures at ALAI Israel Conference

Nestlé's lawsuit against Espresso Club continues to arouse great interest in the legal scene, among both law firms and copyright professionals.

Today, the Copyright Society of Israel held a workshop on meaningful judicial rulings in 2019.

As part of the event, Zohar Lande was invited to speak on “coffee and fair use” and to discuss the implications of the ruling against Nestlé on commercial companies operating in Israel.

Categories: Litigation

Israel Singapore Fintech Convention

Our firm hosted today a meetup for the Israeli fintech community in collaboration with Fintech Fever and the Singapore Fintech Association. Dr. Zvi Gabbay lectured on current regulation, as well as challenges and opportunities in the field.

Categories: Capital Markets | Financial Regulation | FinTech

David Appel's Lawsuit against Michael Cherney and Zeev Rom Dismissed

The Tel Aviv District Court dismissed a NIS 239 million claim filed by David Appel against Michael Cherney and our client Zeev Rom on statute-of-limitation grounds and fined him attorneys' fees. Zeev Rom was represented by Advs. Zohar Lande and Moran Bickel from our Litigation Department.

 

Categories: Litigation

Meetup for Women in Ecommerce

We hosted today a meetup for female entrepreneurs in the ecommerce field. Harel Perlmutter and Anat Even-Chen lectured to the participants on the taxation and regulatory issues that could affect them.

Categories: E-commerce | Internet | Regulation | Tax

Representing Sartorius in the acquisition of a majority stake in Biological Industries.

Our firm represented Sartorius, a leading multinational corporation in the field of life science, research and development  and biopharmaceutical industry, in a transaction to acquire a majority stake in the Israeli cell culture developer Biological Industries. Sartorius acquired the majority of Biological Industries shares by way of secondary purchase of shares from the Development Company of Kibbutz Beit Haemek and private equity fund Fortissimo Capital, in consideration for USD 50 million. In addition, as part of the transaction, Sartorius and the Development Company of Kibbutz Beit Haemek signed an option to purchase/sell additional holdings in the future.

Categories: Corporate | High Tech | Investments

Meetup for Real Estate Entrepreneurs on Crowdfunding

Our firm hosted today together with the crowdfunding platform Pipelbiz a meetup for real estate entrepreneurs. Dr. Zvi Gabbay lectured on raising capital for real estate projects through crowdfunding platforms. He also discussed real estate financing options, preconditions to raising money through a crowdfunding intermediary, and borrowing and investment disabilities.

Categories: Capital Markets | Real Estate

Lecture on the Historical Real Estate Rights of Kibbutzim

Hagit Ben Moshe lectured today at the Land Management Forum for kibbutz officers. Hagit provided an overview of recent rulings on the historical real estate rights of kibbutzim.

Categories: Kibbutz Sector

Urban Renewal Authority Halts Projects Due to Improper Obtaining of Signatures

Our firm was interviewed by Globes on the Urban Renewal Authority's latest initiative to limit the addition of space in the apartments of pinui-binui projects to 12 sq. m. We explained that this reduction represents another decrease in entrepreneurs' profit, thus jeopardizing the promotion of projects in this field.

Categories: Real Estate | Urban Renewal

Event: Urban Renewal

Our office hosted today an event on urban renewal. The event dealt with the 2019 review of the field and projections for 2020. We also hosted the chairman of the Urban Renewal Authority and held an expert panel.

Categories: Real Estate | Urban Renewal

Podcast: Ariella Dreyfuss for 50inTech on Femtech

Ariella Dreyfuss talks to 50inTech in a special podcast about the growing femtech industry. She discusses challenges facing entrepreneurs in the field and offers advice on how to talk to investors.

Categories: High Tech | Life Sciences | Start Ups

Event: The Future of Money Transfers

Our firm hosted today ACC members for a seminar on money transfers. Dr. Zvi Gabbay reviewed the regulations and guidelines that exist today in Israel and around the world on the handling of money transfers. In addition, we conducted a panel discussion addressing the challenges and opportunities facing businesses who need to know how to solve problems that may arise. Participating in the panel were Anat Even-Chen, our regulation expert; Doron Cohen, CEO of Covercy; Idit Froim, General Counsel of Colu; Yitz Raab, Managing Partner of Tzur Management; Rami Sasson, Chief Compliance Officer of Discount Bank; and Ronen Siman-Tov, CTO of IBM Blockchain World Wire.

Categories: Banking & Finance | Corporate | Regulation

Representing Cymplify in Acquisition by Check Point

Our firm represented the IoT security company Cymplify in its acquisition by NASDAQ-listed cloud security company Check Point Software Technologies Ltd. for USD 5 million.

Categories: Cyber | High Tech | Investments

Tel Aviv Court Allows Yehuda Levy to Join Legal Proceedings against Eshkolot

The Tel Aviv Economic Court allowed the actor Yehuda Levy to join Shaham, the largest actors' organization in Israel, and a group of fellow artists in their legal dispute with the management of Eshkolot. Advs. Zohar Lande, Hadar Israeli and Eyal Nachshon are representing Shaham and the artists.

Categories: Litigation