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November 16, 2023

SEC Signals Intent to Regulate NFTs

The SEC is taking a regulation by enforcement stance toward NFTs and is creating legal uncertainty in the field. Will the Israel Securities Authority follow suit?

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November 14, 2023

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.”

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November 14, 2023

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.

November 12, 2023

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.

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November 6, 2023

Compensation to Employers for Evacuated Employees’ Wages

Employers may claim compensation for wages paid to employees unable to report for work because of evacuation from one of the border communities specified in government decisions.

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November 5, 2023

UK Increases Child Safety Online

The new UK Online Safety Act is part of a wave of European legislation seeking to protect children from online age-inappropriate content, exploitation, and other online dangers.

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November 5, 2023

Ruling: Pre-Sale Dividend Distribution to Reduce Tax Liability

Legitimate tax planning or an artificial transaction to reduce tax liability? Israeli court ruling on a dividend distribution prior to a sale of shares or holdings of a company.

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November 5, 2023

US President Signs Executive Order on Safe Use of AI

The United States is looking to institute rules for the safe development and use of artificial intelligence, to regulate government use of AI, and to establish its leadership in the AI field.

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November 5, 2023

Employing Teenagers during Operation Swords of Iron

The Israeli Minister of Labor signed a general permit to employ teenagers during evening hours due to the state of emergency in the economy. This permit expands the work hours during which teenagers between the ages of 16 and 18 may be employed.

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November 2, 2023

Draft Bill: Compensation for Businesses Affected by the War

The compensation for businesses will be based on their fixed expenses, which they must bear despite the decrease in revenue and business activity, and to help businesses survive the period.

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November 2, 2023

Wartime Financial Assistance Plan: Unemployment Insurance

The experience acquired in Israel during the COVID-19 pandemic provided the groundwork for the creation of a more favorable plan to support employees on unpaid leave, in order to assist businesses experiencing severe financial losses.

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November 1, 2023

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.

October 31, 2023

Swords of Iron: Israel Securities Authority Guidelines and Reliefs

The Israel Securities Authority has announced several reliefs due to Operation Swords of Iron, mainly the postponement and extension of deadlines.

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October 30, 2023

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.

To read the Mako article, click here.

To read the Globes article, click here.

October 29, 2023

Swords of Iron: Israel Innovation Authority Supports Startups

The state of emergency in the Israeli economy and the massive call-up of reservists are expected to adversely impact the Israeli high-tech industry. The Israel Innovation Authority is establishing an express grant track and is offering a series of reliefs to existing startups to help them sustain business continuity.

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October 29, 2023

Rights of Victims of Hostile Actions and Their Families

People injured by hostile actions in Israel and their families, as well as the families of those who were kidnapped, are entitled to benefits and continuing support from the National Insurance Institute, including medical treatments, recovery, rehabilitation, and financial support for loss of income and damages.

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October 29, 2023

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.”

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October 26, 2023

War and Force Majeure – Implications for Contract Performance

Since a combat situation in Israel is not deemed force majeure, the legislature and the regulatory authorities recommend that parties to contracts hold dialogues on the contract terms in good faith, to the extent the state of emergency does not enable all contract clauses to be performed. Concurrently, the Knesset enacted the Postponement of Deadlines Law, which allows those entitled to postpone performance of contracts under particular circumstances.

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October 26, 2023

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.

October 25, 2023

Doing Business in Israel: Effects of War in Israel on International Companies

The effects of war on international contracts and agreements is considerable, yet the law in Israel does not automatically regard a state of war as one. It is therefore crucial to address such issues in the contract itself.

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