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June 24, 2020
How Trump's Work Visa Freeze Will Affect Israeli High-Tech
US President Donald Trump suspended on Monday the entry of certain foreign workers until the end of the year. Adv. Netta Bromberg, the head of our Employment Department, was interviewed by Calcalist about this latest development. According to Netta, "This decision is a long-term violation of the globalization process as we have known it in recent decades. Israeli startups looking to expand in the US will need to search for local workers and to recalculate what their business models should be.”
June 23, 2020
Companies' Collection of Personal Data
Globes has published a comprehensive article on technology solutions relating to the relationship between property lenders and tenants. We were interviewed as part of the article about the privacy of such platforms' users.
June 22, 2020
Barnea Represents Cyberx Shareholder in Microsoft Acquisition
We represented Inven Capital, a Czech-based VC fund and a shareholder in Cyberx Israel, an Israeli IoT ICS cybersecurity startup, in Cyberx's sale to Microsoft for USD 165 million. CyberX has gained tremendous customer growth, with a number of leading companies using its IoT security platform to protect their web facilities. Cyberx has raised about USD 48 million since its inception in 2013. This is Microsoft’s eighth acquisition in Israel in the last decade.
June 21, 2020
Crowdfunding Regulation in Israel
In a short video, we explain the crowdfunding model, which has become an attractive channel for both investors and companies seeking funding, and overviews current regulation in Israel.
June 21, 2020
Israel Takes US Approach in Enabling Affordable Fast Track to Register Provisional Patents
A new, welcome initiative by the Israel Patent Office intends to allow entrepreneurs, through a preliminary and fast-tracked process, to submit an application for the provisional registration of a patent. This is a significant step, which could revolutionize entrepreneurial innovation in Israel and make it easier on many Israelis who wish to protect future patents. In the course of the fast-track process, the application is not considered for a year, and applicants are able to set an early submission date for the patent's registration.
June 17, 2020
Adjustments to Required Disclosures in Reports in Light of the Coronavirus
Several weeks ago, the Israel Securities Authority published a staff position paper on the consequences of the coronavirus crisis for the disclosure and financial reporting included in the 2020 first quarter report.
June 17, 2020
HR Considerations When a Foreign Company Wishes to Work in Japan
Adv. Netta Bromberg, head of our Employment Department, will join a panel in a webinar on HR considerations when employing staff in Japan. Hosted by the Israel-Japan Chamber of Commerce in collaboration with GoGlobal Ltd, the webinar is designed for Israeli companies planning to establish operations in Japan, as well as those already operating there and considering relocating Israeli employees to their Japanese offices.
June 14, 2020
Tax Considerations for Returning Residents to Israel
Adv. Harel Perlmutter will speak at a webinar hosted by the nonprofit Toshav Chozer on tax considerations for residents returning to Israel. The coronavirus pandemic has added new complexity to an already challenging decision. Harel will discuss the tax rights and benefits available to returning residents.
June 9, 2020
Facing A Criminal Investigation? Why It's Important to Consult an Attorney Beforehand
Facing Criminal Investigation? Why It Is Important to Consult an Attorney Beforehand
June 8, 2020
CardiacSense Signs USD 32M Deal to Sell Watches in India
Our firm advises Cardiac Sense, a startup that has developed a medical watch for remotely monitoring patients’ vital signs and detecting fever and chronic diseases, on all legal matters. We recently assisted the company with an agreement worth more than USD 30 million to supply medical watches to hospitals in India.
June 7, 2020
Administrative Appeal to Cancel Land Grant
Last April, the Israel Land Authority allocated a 34-acre plot in Ashdod to Maxima, a company controlled by billionaire George Horesh, without a tender. Three private landowners with factories nearby petitioned to overturn the allocation. Adv. Zohar Lande, Adv. Gal Livshits, and Adv. Adi Shoham represented the petitioners.
June 3, 2020
Israel's Infrastructure Boom
Israel is undertaking a massive transformation to modernize its infrastructure, with a series of projects in transport, energy, and defense. British magazine The Lawyer interviewed Adv. Shai Avnieli, an expert in the infrastructure area, on the subject. Shai noted that providing legal advice for complex projects is not something just any lawyer can do. "This practice area is not some buzzword that lawyers can quickly adapt to and it is certainly impossible to quickly become adept in this field," he stressed.
June 2, 2020
Israel: Preparing Your Workplace for a Return to Normal
More will be told of the COVID-19 crisis and the changes it brought to Israeli labor relations. In the meantime, we have gathered brief guidelines on a return to normal:
May 27, 2020
Every Crisis Is an Opportunity – Webinar
On June 2, we will host a webinar together with the ACC addressing the opportunity to upgrade the role of compliance officer in light of the coronavirus crisis. The webinar is geared for compliance officers and legal counsels.
May 24, 2020
Unpaid Leave: Rights of Employees Fired After Being Put on Unpaid Leave
Just over two months ago, at the onset of the coronavirus crisis, one million Israelis were placed on unpaid leave. As businesses resume operations under new restrictions, Maariv interviewed Adv. Netta Bromberg for a special guide explaining employees’ rights and employers’ obligations.
May 24, 2020
An Opportunity for Regulators
The Israel Securities Authority's current enforcement policy requires officers and companies that have acted in good faith to establish their good faith in administrative enforcement proceedings. Read an op-ed in TheMarker discussing how regulators can recalibrate this policy.
May 20, 2020
Doing Business in Israel – Practical Law
This year, we were once again responsible for preparing the QA guide on doing business in Israel for the Practical Law website. The guide provides an overview of recent key developments that have affected doing business in Israel, including the legal system, foreign investment, employment, tax, competition, privacy, and IP.
May 20, 2020
Class Action Lawsuits Skyrocket Following Coronavirus Crisis
Adv. Zohar Lande was interviewed by Globes, where he revealed that the number of requests for class action approval coming to our office has increased twofold since the start of the coronavirus crisis. According to Zohar, no action is required by the legislature or the courts in this respect.
May 20, 2020
First Steps for Startups: Adv. Ariella Dreyfuss Lectures at Bengis Center for Entrepreneurship & Innovation
Adv. Ariella Dreyfuss lectured today on founders' agreements and raising initial funding to Faculty of Business and Management students from Ben Gurion University’s Bengis Center for Entrepreneurship Innovation.
May 17, 2020
How to Arrange the Inheritances of Agricultural Farms
If you are the owner of agricultural land, you may find yourself wondering about the future of the family farm after your passing. You should know this is subject to laws, agreements, protocols, and regulations unique to the agricultural sector in general and to land in particular.