TheMarker’s Ahad Ha’am magazine published an op-ed by Dr. Avishay Klein on the Israel Securities Authority’s latest guidelines on cyber risks (page 4). The magazine also conducted an interview with Adv. Eyal Nachshon on the increase in scope of class action lawsuits against public companies in Israel (page 11). Eyal addressed, among other things, his representation of several companies in a recent series of digital accessibility class action lawsuits.

Today, we hosted a group of foreign entrepreneurs visiting Israel as part of a delegation organized by the Ministry of Foreign Affairs. During the event, Adv. Yuval Lazi spoke about the legal challenges of doing business in Israel and how to navigate them successfully.

BlackRock, the world's biggest asset management company, has announced the launch of a bitcoin exchange-traded fund. This has led to Bitcoin hitting a more than one-year high. We explain the rationale behind BlackRock's move in an interview with Globes.

A tumultuous seven-year family dispute concluded with a ruling by Israel's Supreme Court in favor of our client. The Court held that funds our client had allocated for the benefit of his daughter, which were managed by his former son-in-law through various investments, were intended to be held in trust and were not a gift, as the former son-in-law had claimed. The Supreme Court ordered the appointment of a trustee to manage the trust in accordance with its objectives and directed the former son-in-law to return the funds to the trust. The trustee is authorized to take all actions necessary to recover the trust's assets, including funds allegedly misappropriated by the former son-in-law. The Court also ordered him to pay our client's legal fees and expenses totaling ILS 1.25 million. Adv. Zohar Lande, Adv. Gal Livshits, Adv. Adi Shoham, Adv. Zohar Haim Levinger, and Adv. Liron Dahan represented our client in this matter.

Our firm co-hosted with Dueti a meetup for HR managers from a number of leading firms in Israel. Adv. Netta Bromberg, the head of our firm’s Employment Department, opened the meetup with a lecture on the legal aspects of HR interfaces and employee management. Seven HR managers also lectured as part of the event.

Our firm is hosting the Israeli Association of Corporate Counsel's eight-session course on reading financial reports for in-house counsel. In today's session, Adv. Elad Reshtick lectured on company valuations, dividend distribution tests, pro forma financial statements, and more.

We hosted a delegation of entrepreneurs from Mexico, who arrived in Israel to learn about investment opportunities in the Israeli high-tech market. As part of the delegation’s visit, Adv. Ariella Dreyfuss lectured on the legal aspects of doing business in Israel.

Adv. Shai Avnieli and Adv. Omer Ungar represent Bareket in a lawsuit filed against it by construction company Longshine. Longshine, which served as the main contractor on a project initiated by Bareket, was nine months late in delivering the project. As a result, Bareket deducted approximately ILS 10 million from the construction account.

Adv. Ariella Dreyfuss has been representing Azrieli in its ongoing investments in the data centers field. Following its 2019 acquisition of 20% of Compass for USD 135 million, Azrieli announced yesterday an agreement for the sale of Compass to Brookfield Infrastructure. Compass Data Centers is one of the largest developers of data centers in the world. 

Adv. Eyal Nachshon, a partner in our firm’s Litigation Department, was invited to lecture on a webinar hosted by the Israeli Association of Publicly Traded Companies. Eyal discussed a recent case involving 70 simultaneous digital accessibility class action lawsuits. Also lecturing as part of the webinar were representatives from the Ministry of Justice and the Israel Securities Authority, who served as members on the committee examining the recently published amendment to Israel’s Class Action Law.

In a new Globes section covering significant rulings from the past week, the publication featured a judgment in a case in which our firm represented Eshkolot. The matter involved a lawsuit filed by an Israeli copyright company against Netflix. The company served the claim on Netflix's Israeli lawyer, with whom it had previously corresponded, but he argued that he was not authorized to represent Netflix. In the absence of an explicit power of attorney, the court held that service of the claim on Netflix was valid. Eshkolot was represented by Adv. Eyal Nachshon.

We hosted a conference on tenders at our offices in collaboration with ACC Israel. The event featured discussions on tender negotiation strategies, the role of competition in tender procedures, and practical insights into submitting tenders in the United States. Guest speakers included Joy Sturm, a partner at the international law firm Hogan Lovells, who joined Adv. Shai Avnieli for a panel discussion. Another keynote speaker, Gal Somech, legal adviser to Haifa Port, discussed the port's privatization process.  

Adv. Inbar Gorelick was invited to Tel Aviv University to lecture as part of the “Female Entrepreneurs on Campus” project. Inbar discussed what to take into consideration when incorporating a company, the importance of founders' agreements, and intellectual property protection.