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Zvi Gabbay Lectures to a Course for Compliance Officers

Zvi Gabbay lectured today before compliance officers at the BDO Finance Academy. The lecture dealt with the internal enforcement of securities laws, the enforcement revolution by the Israel Securities Authority, and the need to formulate an effective internal enforcement program.

Categories: Capital Markets | Enforcement

Elder Adato Moderates Mayoral Panel at the Israel Builders Association Conference

Elder Adato, the head of our Real Estate Department, moderated today the mayoral panel at the Israel Builders Association Conference. Participating in the panel were the mayor of Eilat, the mayor of Yehud-Monosson, the co-CEO of Shalom Et Nathan, and the chairman of the Israel Builders Association.

Categories: Real Estate | Urban Renewal

Representing License Holders of the Ishai Gas Reservoir

Advs. Zohar Lande and Anat Even-Chen are representing the license holders of the Ishai gas reservoir. This reservoir shares its gas with the Aphrodite field in Cyprus. Our firm is accompanying the license holders in their appeal to the Ministers of Energy, Foreign Affairs, Justice, and Finance to secure their rights further to the agreement signed by the Aphrodite license holders with the Cypriot government.

Categories: Administrative Law | Gas | Infrastructure | Litigation

Special Security Situation - Employment Queries

Schools and workplaces were closed earlier today following an announcement by IDF Central Command. As a result, many employees and business owners found themselves uncertain of their rights and what to do. Netta Bromberg, the head of our Employment Department, was interviewed on the subject. She explained under what conditions an employee can stay home and when an employer can require an employee to arrive anyway.

Categories: Employment

Barnea Representing Azrieli Group in Sale of Supergas Holdings

Our firm represented Azrieli Group in the sale of its holdings in Supergas to Elco Group for NIS 820 million. Azrieli was represented by Advs. Micky Barnea, Ilan Blumenfeld, Sagi Gross and Daniel Kleinman.

Categories: Corporate | Investments

Lawsuit against Liquidating Company of Bank of North America

Our firm is representing private clients in a lawsuit against the liquidating company of the Bank of North America (disbanded in 1985), as well as against the administrator general and official receiver. The lawsuit concerns trust funds deposited in the bank by the deceased father of the family. The clients are represented by Advs. Zohar Lande and Shachar Rothschild of our Litigation Department.

Categories: Litigation | Private Clients

Mobileye-Intel Deal: Our Firm Continues to Represent Amir Waldman

Our firm continues to represent Amir Waldman, who was charged by the US Securities and Exchange Commission for insider trading in connection with Intel's acquisition of Mobileye. The proceedings are pending before a federal court in New York.

Categories: Capital Markets | Enforcement

Micky Barnea Interview with Legal Business Magazine

Micky Barnea was interviewed by the British magazine Legal Business about whether the political situation in Israel has affected its economy. Micky noted that investments, from both overseas companies into Israel and in the local market, remain extremely strong, and expressed future confidence in the Israeli economy.

Categories: Corporate

Supreme Court Includes Nespresso Case on List of Key 2019 Rulings

The Supreme Court recently published a list of significant rulings handed down in the past year. The Supreme Court's dismissal of Nespresso's lawsuit against our client Espresso Club is included in this prestigious list.

Categories: Commercial Litigation | Litigation

Representing German Fund Mercura in Investment in Israeli Startup 3DSignals

Our firm represented the German fund Mercura in its investment in 3DSignals. This Israeli startup enables the monitoring of production floor performance. The investment follows the company's rapid growth in the German market.

Categories: High Tech | Investments | Start Ups

Lecture by Hadar Israeli on Administrative Enforcement in Israel

Adv. Hadar Israeli, a partner in our Capital Markets Department, lectured on administrative enforcement in Israel during a seminar organized by EY on fraud and scam risk management. During the lecture, Hadar presented how an organization should handle a crisis when an investigation has already begun and also discussed the importance of having organized enforcement programs.

Categories: Capital Markets | Enforcement

The First to Adapt Are the Most Likely to Survive

Israel is known around the world as the “Start-Up Nation.” Simon Jaffa, our founding partner, explains to PSMG how Israeli law firms must adapt to this changing technological world.

Risk Management Course at the Israel Financial Institute

Dr. Zvi Gabbay lectured today on the risks of financial crime as part of a risk management course at the Israel Financial Institute.

Categories: Capital Markets

World Tax 2020 Edition

We are proud to be ranked by International Tax Review for the 2020 edition of World Tax in the general corporate tax and private clients categories.

Categories: Private Clients | Tax

What to Do When the Israel Lands Authority Wants to Sign a Renewed Lease

Adv. Hagit Ben Moshe's latest article describes the recent court rulings in favor of agricultural settlements as part of their dispute with the Israel Lands Authority.

Categories: Kibbutz Sector

Risk Management and the Latest Word on KYC and Preventing International Money Laundering

Together with Clifford Chance, we held a workshop for compliance officers and risk management department staff at Discount Bank and Bank Leumi. The workshop included discussions on money laundering enforcement trends, banks' obligations, and how to manage risk and provide service.

Categories: Banking & Finance | Banking Regulation | Regulation

Hosting the Israel Hedge Funds Association for a Negotiation Workshop

Our firm hosted the Israel Hedge Funds Association today for a negotiation workshop. The workshop was held in collaboration with Moti Crystal, a crisis management expert. As part of the workshop, we presented common mistakes and the techniques for overcoming them in M&A transactions and disputes.

Categories: Capital Markets | Hedge Funds

SodaStream Chairman Suspected of Insider Trading

Dr. Zvi Gabbay was interviewed by TheMarker on the allegations that SodaStream's chairman, while serving as CEO, provided insider information about a deal with Pepsico to a former employee.

Categories: Capital Markets | Enforcement

Article: Powerful Regulation Is Not the Way to Build a Stable and Functioning Market

In a Globes op-ed, Adv. Anat Even-Chen calls for cooperation between the Capital Market, Insurance and Savings Authority and the private market in order to create better regulation for fintech and financial services companies.

Categories: Financial Regulation | FinTech | Regulation

Hosting a Delegation of Senior Executives from Daiwa House Group

Our firm hosted today a delegation of senior executives from the Fortune 500 Japanese construction company Daiwa House Group. The executives visited Israel to promote business relationships with Israeli companies.

Categories: Corporate | High Tech