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District Court Dismisses 66 Class Actions over Accessibility
In a precedential ruling, the Tel Aviv District Court dismissed 66 motions to certify class actions filed against dozens of public companies. The motions alleged the companies’ financial reports and reporting to the Tel Aviv Stock Exchange’s MAYA system were not accessible to people with disabilities.
Eyal Nachshon, Zohar Haim Levinger, and Naama Ben Arosh Moshe represented a large number of the companies.
Avishay Klein Invited to Speak at Global Intellectual Property ConfEx in Dubai
Avishay Klein, the head of our firm’s privacy and data protection practice, attended the Global Intellectual Property ConfEx in Dubai. Avishay spoke as part of a panel on IP data breaches, including preparing for cyber threats and dealing with cyber crises.
Terry Almozlino Arnon Participates in Dun’s 100 Real Estate Forum
Terry Almozlino Arnon, head of our firm’s Commercial Real Estate Department, participated in the Dun’s 100 forum for senior legal professionals in the real estate field. The forum brought the professionals together to address burning issues in the industry. Topics of discussion this year included Israel’s housing crisis and the continued increase in interest rates.
Prof. Amichai Cohen on Israel’s Constitutional Law Reforms
Prof. Amichai Cohen was invited to write a series of articles about the new Israeli government’s proposed judicial reform and its implications for the Israeli legal system
Privacy: Avishay Klein Interviewed by N12 about New European Regulations
The entrance into force of the European GDPR in 2018 had an international impact, imposing a series of privacy restrictions on companies. Now, new privacy laws concerning fair conduct in the digital market and consumer protection are about to come into force. Their impact on companies looks to be dramatic. Dr. Avishay Klein elaborates in an interview with N12.
Yuval Lazi Leads Table at OurCrowd Leaders Forum
Yuval Lazi was chosen to lead a taskforce table at the annual OurCrowd Global Investment Summit, dealing with “M&A Challenges in Light of Political and Economic Turmoil.”
Webinar for Legal Counsels on Role of Legal Advisor in Relation to ESG Risks
Our firm held a webinar for members of the In-House Counsels for In-House Counsels Organization, in which Dr. Zvi Gabbay presented existing regulation in Israel in the field of ESG and the trends in the US and Europe. He also discussed ESG risk management in an environmental context.
Barnea Representing Car Safety Company in Industrial Espionage Lawsuit
Zohar Lande, Moran Bickel, Asaf Glazner, and Inbal Amit are representing the car safety company D-Lock in the NIS 20 million lawsuit it filed against SafeCar. D-Lock claims SafeCar engaged in industrial espionage, baseless lawsuits, and threats against D-Lock’s managers and service providers in order to stop its entry to the market.
How a New Knesset Bill May Affect Labor Strikes
The Knesset is looking to limit workers’ ability to go on strike. Netta Bromberg, the head of our firm’s Employment Department, explains the consequences of MK Simcha Rothman's bill on the right to strike.
Control Struggles in Israeli Public Companies
Micky Barnea analyzes the issue of control struggles, hostile takeover attempts, and directors’ potential defensive measures. His op-ed was published in TheMarker's Ahad Ha'am magazine.
Barnea: Hosting Conference with the Israel Hedge Funds Association
Dr. Zvi Gabbay, Roy Engel, and Yana Zilbershtein lectured at a conference our firm hosted on the early years of hedge funds. The conference was held in collaboration with the Israel Hedge Funds Association. PWC and APEX Israel also took part.
Liabilities and Exposures to Claims by an Insolvency Trustee
A worrying number of contracting companies in the real estate and infrastructure market have recently gone insolvent. A contractor’s financial collapse affects not only his creditors, but also the project’s contractee. In an op-ed, Idan Miller explains if insolvency law prevents damage reduction for the contractee.
Barnea: Guiding Djed in Successful Launch
We are honored to have guided Djed in its successful launch. Djed is a new stablecoin designed to maintain a stable value pegged to the US dollar. It provides its users with a decentralized and secure store of value and facilitates seamless transactions on the Cardano blockchain.
Dr. Zvi Gabbay Participates in “Conference to Open Year of Compliance – 2023”
Dr. Zvi Gabbay, the head of our firm’s Capital Markets Department, participated in the Israeli compliance community’s annual conference for 2023. He spoke in a panel discussion with Hani Amar, a partner at BDO in the corporate governance and regulation division, and Adv. Ariel Sagi, a compliance officer and board member at Rafael.
Barnea: Hosting Conference on Labor Law and Competition Law
Firm partners Gal Rozent and Neta Bromberg lectured at a conference we hosted for the CEOs of Israel’s leading cleaning companies, part of Israel’s cleaners’ union.
Webinar: Accessibility of Company’s Reports
As part of a webinar held by the Israeli Association of Publicly Traded Companies, Eyal Nachshon lectured on the accessibility of company reports in the Magna and Maya systems and the exposure of public companies to public lawsuits in connection with the violation of accessibility obligations.
Dudi Cohen Participates in Annual Dun’s 100 Forum of Capital Market and Finance Executives
As part of the annual Dun’s 100 forum, senior executives from the finance industry discussed such burning issues as the non-bank credit sector, the slowdown in high-tech and real estate activity, and more. Dudi Cohen, the head of our firm’s Finance and Public Corporations Department, noted that "even though in the near future we are likely to see a wave of companies realizing there is no place for them in the stock market and that they will be sold as skeletons or deleted from the trading rolls, we still need to remember that there are entities that have an interest in raising capital through the stock market."
Is AI-Based Pricing a Detriment to Competitiveness?
The increasing commercial use of AI-based pricing engines will place new challenges before Israel’s competition authorities, both due to concerns about the creation of new means of price coordination between competitors, and, perhaps primarily, because such pricing engines intensify the competition failures that already exist, especially in low-competition markets. Gal Rozent and Ran Karmi elaborate on these challenges in an op-ed for Calcalist.
ACC Podcast on Bond Issuances
As an expert in advising public companies, Elad Reshtick was asked to be a guest on the Association of Corporate Counsel’s podcast, where he spoke about the bond issuance process.
Podcast: Administrative Enforcement
Dr Zvi Gabbay, the head of our firm’s Capital Markets Department, guest starred on an episode of the podcast hosted by the Association of Corporate Counsels in Israel. The episode focused on tools for dealing with administrative enforcement.