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September 19, 2017

ICO Whitepaper

ICO is the abbreviation of Initial Coin Offering, a term inspired by the capital market term IPO (Initial Public Offering). This is when a company recruits debt or capital by publishing a prospectus offering of its securities to the public for the first time. A prospectus is a profound legal and accounting document that furnishes information about the company, its management, its businesses, and its financial position. Once a company’s securities are held by the public, it becomes a public company.

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September 18, 2017

Article in The Times of Israel on Drag-Along Provision

Adv. Ariella Dreyfuss contributed an article to The Times of Israel on the drag-along provision included in most investment documents. Ariella outlines five tips for minority shareholders looking to ensure the drag-along mechanism works for them when negotiating investments.

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September 18, 2017

Spain Fines Facebook for Collection of Information without Consent

The Spanish Data Protection Authority slapped Facebook with a USD 1.4 million fine over three instances in which Facebook collected information on ideology, sex, religious beliefs, personal tastes, and browser history without properly notifying users what such information was being obtained for.

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September 14, 2017

What Constitutes Personal Information According to EU Law? The Examination Script Example

In a case recently brought before the European Court of Justice (ECJ), the Advocate General provided an opinion according to which a candidate's examination script, as well as the comments made on the script by the examiner, is personal data the candidate is entitled to receive.

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September 14, 2017

How Does TAMA 38 Begin?

Dozens of TAMA 38 projects are never implemented for a variety of reasons. Here is a short overview of points to help you ensure your TAMA 38 project is put into practice.

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September 14, 2017

Adv. Itay Gura to Lecture on Founders' Agreements and IP

Adv. Itay Gura will lecture today at StarTAU's acceleration program on founders' agreements and IP.

September 12, 2017

India: Right to Privacy Declared to Be Protected under the Constitution

The Supreme Court of India recently ruled that the right to privacy is an integral part of the right to life and personal liberty enshrined in the Indian constitution, and as such is entitled to the same legal protection.

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September 12, 2017

Speaking at EY Anti-Fraud Forum

We participated in the EY Anti-Fraud Forum, where we discussed how workers can take an active role in self-regulation and compliance.

September 10, 2017

Ministry of Communications to Form a Tender Committee for the Allocation of a New Cellular Spectrum

The Ministry of Communications has appointed a tender committee to formulate and draw up a tender for the allocation of a spectrum for the provision of advanced cellular services.

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September 7, 2017

Deliver a Strong Value Proposition to Raise Funds Effectively

When you are ready to raise money to begin or expand operations for your startup, you cannot just ask and wait for money to pour in. Todays investors are savvier than ever. They need to understand the value you create, for investors and for the market your company will serve. You need to understand your business model thoroughly, but you should also prepare concise answers to the questions any smart investor will ask.

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September 6, 2017

Adv. Marie Tsion Addresses Various Legal Issues Involving Job Acceptance

Adv. Marie Tsion, head of the firm's Employment Department, will lecture today at the Human Resources Forum of the North on legal issues related to job acceptance: evaluation centers, refusals, and the law for the prevention of discrimination.

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September 6, 2017

Adv. Yuval Lazi Lectures on Intellectual Property in the Entrepreneurship World

Adv. Yuval Lazi will lecture today at the Heseg Innovators Program (HIP) on issues of intellectual property in the entrepreneurship world.

September 5, 2017

Adv. Micky Barnea Discusses Late-Stage Startups' Challenges at IBM Accelerator

Adv. Micky Barnea, the firm's managing partner, will lecture today at the IBM Alpha Zone Accelerator on the challenges of late-stage startups.

September 5, 2017

Who Owns Employee-Created Inventions: the Employer or the Employee?

We were interviewed by TheMarker on who owns the Facebook page of a popular TV program—the host or the network—and asserted that all intellectual property created by a worker in the framework of the workplace belongs to the employer.

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September 4, 2017

Government Approves National Policy for Safe Identification

Israel's government recently set forth a decision approving the key points of a national “safe identification” policy. The purpose of this policy is to define how a person’s identity is to be verified when receiving government services in a digital mode, in order to improve the services being provided to residents, and to simplify the access to these services.

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September 4, 2017

September 2017 News Flash – Employment Law

Several new updates regarding lifting the corporate veil, calculating severance pay for hourly employees and issuing electronic pay slips.

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August 30, 2017

Consumer Protection Law Prescribes a General Arrangement for Canceling Transactions

An amendment to the Consumer Protection Law was enacted recently, regulating the ways by which consumers can cancel transactions and imposing obligations on businesses to disclose to consumers how they can cancel transactions.

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August 29, 2017

TheMarker Op-Ed: Regulation of Digital Coins

An op-ed in The Marker on the regulation of digital currencies asserts that there will be no choice but to build a unique regulatory model that matches the characteristics of these new financial instruments.

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August 29, 2017

Fair Lending Law Finally Approved

The Knesset recently approved Amendment No. 5 to the Regulation of Nonbank Loans Law, which is now called the Fair Lending Law. This comes after years of deliberations and in the long wake of recommendations submitted in 2013 to increase competition in the banking system.

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August 29, 2017

Walla! Interview on Investigation into Former Bank Leumi Officials

We were interviewed by Walla! about a criminal investigation into former Bank Leumi officials in connection with a US tax fraud scandal. We noted that we expect US investigators to work closely with their Israeli counterparts through the Ministry of Justice’s international legal assistance framework.

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