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Insights & News
Effect of Israel-Hamas War on Israeli Startups
In a recent interview with Calcalist, Itay Gura, a partner and the head of our firm’s startup practice, provided insight into how the Israel-Hamas war is affecting Israeli startups, and offered a nuanced perspective on the evolving tech landscape. Itay concluded the interview by noting the potential pathways and opportunities emerging for Israeli startups amidst the challenges posed by the ongoing conflict.
Proportionality in Armed Conflict: How to Assess, and Who Decides
Prof. Amichai Cohen published an op-ed in Law.com on the ongoing war between Israel and Hamas. This conflict raises important legal questions about the application of the law of armed conflict.
Barnea: Webinar on Employment during the Israel-Hamas War
We hosted a webinar in collaboration with the Israeli Association of Publicly Traded Companies. During the webinar, Lior Girshevitz, from our Employment Department, lectured on the Law for Protection of Workers in Times of Emergency.
Advising Summa Technologies on Obtaining Financial Services License
We guided Summa Technologies, which operates in the field of open banking, in obtaining a financial information services license from the Israel Securities Authority. Summa is the seventh company in Israel to receive this license. Anat Even-Chen, Elad Reshtick, and Ori Rodriguez represented the client in this matter.
Stock Market Investors Knew of Hamas’s Attack in Advance and Profited – Interview with Dr. Zvi Gabbay
Mako interviewed Dr. Zvi Gabbay, the head of our firm’s Capital Markets Department, after a US study revealed an unusual volume of transactions on the New York and Tel Aviv stock exchanges gambling on the collapse of the Israeli stock market a week before Hamas’s October 7th attack.
Making Aliyah or Returning to Israel – Maariv Interview with Liat Keisary and Amos E. Rosenzweig
One of the ramifications of the Israel-Hamas war is the growing interest of diaspora Jews and expat Israelis in immigrating to Israel.
In Maariv’s article on the topic, Liat Keisary explains that most new immigrants are coming from countries such as the United States, England, and Australia, driving an increase in demand for the purchase of real estate properties in Israel. In addition, Amos E. Rosenzweig answers questions on the rights of returning residents and new immigrants to Israel.
Barnea: Webinar on Taxes and National Insurance
Our firm hosted a webinar in collaboration with the Israel Hedge Funds Association on the social security aspects of Operation Swords of Iron. As part of the webinar, Amos E. Rosenzweig discussed the financial grants designated for reservists, hostages’ families, and employees placed on unpaid leave. He also answered questions about the issues facing employers at this time.
Barnea: Webinar on the Work of Compliance Officers during Wartime
Our firm hosted a webinar in collaboration with the Association of Corporate Counsel in Israel on the issue of compliance during wartime. As part of the webinar, Dr. Zvi Gabbay, head of our firm’s Capital Markets Department, emphasized the compliance actions required during wartime by offering comparisons to other recent global war zones.
Netta Bromberg Participated in Dun’s 100 Conference for Senior Legal Officials
Yesterday, Dun’s 100 hosted a conference for senior legal officials in the employment field to discuss the repercussions of Operation Swords of Iron on the Israeli labor market. Netta Bromberg, the head of our firm’s Employment Department, noted during the discussion that “on October 7, we woke up to a legal vacuum in the field of labor relations. We need to solve this large legal vacuum with common sense and good will. This should be reflected in how businesses handle employee statements, layoffs and downsizing, unpaid leave, and more.”
Webinar: Labor Relations during a State of Emergency
Our firm hosted a webinar in collaboration with the Tel Aviv & Central Israel Chamber of Conference. Netta Bromberg, the head of our firm’s Employment Department, lectured on the duties and rights of both employers and employees during wartime.
Operation Swords of Iron: Rise in Diaspora Jews Purchasing Real Estate in Israel
Recently, and against the backdrop of the ongoing Israel-Hamas war, there has been an increasing number of diaspora Jews purchasing apartments and properties in Israel. Along with other experts in the field, Liat Keisary, the head of our firm’s Private Clients Department, was interviewed by Ynet for an article on the subject. Liat explained that this trend, along with the weakening of the shekel, is expected to lead to a sharp increase in the purchase of luxury properties in Israel.
Barnea: “A Legal View on Israel’s War with Hamas” Webinar
We hosted the webinar “A Legal View on Israel's War with Hamas” for colleagues and international clients. Prof. Amichai Cohen, a special counsel at our firm who specializes in the laws of armed conflict, provided an overview of the situation and answered questions. Topics discussed included the status of the abducted and captive Israelis, the limitations imposed on Israel during battle, the blockade on the Gaza Strip, and the transfer of humanitarian aid.
New Compensation Plan for Reservists – Interviews with Netta Bromberg
This week, the Israeli Ministry of Finance launched a new compensation plan for military reservists. As an expert in the employment field, Netta Bromberg was interviewed by several major Israeli media outlets on the subject.
How Businesses Are Affected in Israel – SHRM Interview with Jacki Silbermann
Jacki Silbermann from our Employment Department, was interviewed by the Society for Human Resources Management, the world’s largest HR association, in connection with remote work in Israel during the ongoing war. Jacki noted, “A lot of the businesses where employees can do remote work, in the high-tech and other sectors, have moved to that, and I think they're planning on being in that stage for a while.”
Barnea: Webinar on National Insurance – Employers’ Obligations during Operation Swords of Iron
Amos E. Rosenzweig, the former chief legal advisor of the National Insurance Institute and an of counsel at our firm, led a webinar on employers’ obligations during wartime. He discussed reserve service payments, allowances, and benefits, including for the victims of hostile actions. The webinar was held in collaboration with the Israeli Association of Corporate Counsel.
Law.com: Leaders of Law Offices in Israel on Coping with Hamas Crisis
Law.com, the leading American legal news service, published an article on the effects of the Israel-Hamas war on law offices in Israel. As a leader in the local industry, Micky Barnea, our firm's managing partner, was interviewed about the challenges of an Israeli law firm coping with the recent conflict. With regard to client services, Micky commented, “We have made sure that we’re providing employment advice to our clients, to help them deal with the situation.” Micky also noted with regard to managing workflow that “I’m looking at two things: on one hand, the availability of our people, who and to what extent they are available to work, and the other side is the real demand for legal work.”
Competition Law in Times of War: Globes Interview with Irit Brodsky
Michal Cohen, the Director General of the Israel Competition Authority, issued a special statement, emphasizing the prohibition on companies exploiting their monopolistic position to cause consumers harm during the Israel-Hamas war. As an expert in the competition and antitrust field, Irit Brodsky was interviewed by Globes on the issue. Irit noted, “In addition to the various reliefs, during this difficult period, businesses must take care not to harm consumers as part of their survival efforts, and certainly not to exploit the situation. The Director General intends to be vigilant, especially regarding practices that exploit a company’s monopolistic position and harm consumers, and will use the enforcement measures in her power against such entities.”
Derivative Claims and Independent Committees: Eyal Nachshon Lecture on Israeli Association of Publicly Traded Companies Webinar
Following the publication of draft regulations on derivative claims, Eyal Nachshon, a partner in our firm's litigation department, was invited to participate in a webinar hosted by the Israeli Association of Publicly Traded Companies on the issue. In his lecture, Eyal referred to the draft regulations with an eye toward litigation.