Insights & News

Yuval Lazi, a partner in our Corporate Department, lectured today on the Cinderella stories of young companies to entrepreneurs taking part in AtoBe, the Azrieli College of Engineering's startup accelerator.

Adv. Gal Livshits, a partner in our Litigation Department, published an op-ed in Calcalist on the State's attempt to evade payment of a reward to the finders of the body of missing soldier Majdi Halabi following the Supreme Court's ruling that it is obligated to pay.

The Lawyer magazine focused this month on the innovation scene in Israel and interviewed leading lawyers, including Simon Jaffa, to better understand the local legal environment. During the interview, Simon discussed how legislation can often lag behind technological developments. He noted that the most important job for tech lawyers is to help startup clients take calculated risks. This means not just telling clients what they can't do, but also understanding risks, evaluating potential exposure, and helping management make decisions that are right for the company.

Micky Barnea, Ariella Dreyfuss, Itay Gura and Mayer Winkler represented Johnson & Johnson Innovation in an investment round in the Israeli medtech startup Techsomed Medical Technologies Ltd. Founded in 2012, Techsomed has developed an image analysis system that helps track tissue response to thermal ablation, the process of destroying tumors using extreme heat or cold. Techsomed intends to use the funding toward receiving regulatory approval in the US, Europe, and Japan.

JJDC led the company's current round of financing, which included both former and new investors, such as Screen Holdings, the Alfred Mann Institute at the Technion (AMIT), NextLeap Ventures, and Axil Capital.

The entry into force of the GDPR and the Israeli information security regulations are undoubtedly among the most important legal events of recent years. Their impact on the activity of organizations and businesses concerns not only local companies but also any company wishing to operate in those jurisdictions. We invite you to attend an event where you will receive important instructions and tips on how to implement the obligations that apply to you.

Adv. Yuval Lazi will participate in the upcoming Cyber Week event. Yuval will take part in the UK-IL Roundtable on the topic of Online Safety.

Our firm hosted a delegation of German Companies, part of the Tech7 collaboration with SCE in the BIPA program (Bavarian Israeli Partnership Accelerator).

Adv. Anat Even-Chen in an interview for TheMarker in response to an investigation launched by the Irish Data Protection Commission against Google for violating the GDPR Regulations. According to Anat, the investigation focuses on the service of Internet advertising, and its findings may affect many companies around the world and in Israel, which operate in the field of Adtech.

Our firm is representing the Institute of Certified Public Accountants and the Association of Internal Auditors in a petition with the Supreme Court against the Government Companies Authority (GCA). It is requesting that the court revoke the GCA circular stating that an internal auditor of government companies rated 7 and above must be a salaried employee and not outsourced. The petition was filed by Advs. Zohar Lande, Eyal Nachshon, and Adi Shoham of the Litigation Department.

Our firm represented the Singapore-based venture capital fund VisVires New Protein (VVNP) in an investment round in Aleph Farms, an Israeli food-tech startup.

Our firm is representing the Tel Aviv Taxi Organization in an administrative petition filed against after its win in the Tel Aviv cluster of a two-stage competitive process conducted by the Ministry of Transport. The organization is represented by Advs. Zohar Lande, Eyal Nachshon, and Adi Shoham of the Litigation Department.

Dr. Zvi Gabbay conducted a negotiation workshop today for members of the Modi'in City Council, as part of the Open University's directors' course.

Following the ruling that Bar Refaeli must pay NIS 16 million in income tax, Adv. Harel Perlmutter, the head of our tax team, was interviewed by a popular radio program on 103FM.

The Central District Court in Lod rejected yesterday the supermodel's appeal, which was filed following an Israel Tax Authority order that she pay taxes in Israel on millions of dollars in income earned abroad.
Refaeli claimed that during the relevant years she spent only six months in Israel, and as a foreign resident, she did not owe any money to the tax authorities.

Harel Perlmutter explained the definition of a country of residence, as the trial revolved around the question of whether Refaeli was domiciled in Israel in 2009 and 2010. He also clarified the difference between the civil case and pending criminal charges.

Our firm represented the Israeli startup ArcusTeam, which developed an automated platform to identify both known and unknown security weaknesses in IoT devices, in a pre-seed round of $1.5 million.

Among the startup's investors are TheDock Accelerator and TAU Ventures.

Dr. Zvi Gabbay lectured today to Modi'in City Council members on capital markets enforcement and the role of boards of directors in formulating an internal enforcement plan. The lecture was part of the Open University's directors' course.

Our firm hosted today a delegation of investors and companies visiting Israel through the Florida Israel Business Accelerator (FIBA) for a networking event with industry leaders. Our firm works regularly with FIBA and advises the companies that take part in its program.

Adv.  Alon Wolner from our Real Estate department was interviewed by Ynet and explained how to act legally when building defects are discovered in the apartment you purchased, and to which court it is customary to file claims.

Our firm hosted today the Israel's Directors Union for a seminar on the prevention of bribery and corruption. Dr. Zvi Gabbay lectured on the duties of boards of directors in Israel, and Adv. Hadar Israeli presented the American perspective.

Adv. Yuval Lazi lectured today to students participating in the IDC Legal Clinic for Start-Ups on the subject of raising funds. We serve as mentors to the clinic's law students, who assist entrepreneurs from target communities. 

We are holding a seminar on inside information following several recent Israel Securities Authority investigations of senior officials in public companies. The seminar will feature discussions on the use of inside information, how to carry out internal enforcement, and the legal implications of an open investigation of an officer and his company. The event is geared to CEOs, VPs, and CFOs of public companies.