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Latest Updates

February 27, 2024

Municipal Elections – Netta Bromberg Interview with TheMarker

Netta Bromberg, the head of our firm’s Employment Department, was interviewed by TheMarker about the rights of employees on Israel’s municipal election day. Netta discussed why the day is considered a statutory holiday and what wages employees are entitled to if they do work.

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February 27, 2024

Micky Barnea Participated in Dun’s 100 Forum for Senior Legal Professionals

Micky Barnea, our firm’s managing partner, participated in a forum for senior legal professionals hosted by Dun’s 100. Micky noted, “The legal reform was a distraction we got swept away by. The main point of the government’s reform was to say ‘we’re doing what we want’ and to undermine legal gatekeepers along the way.”

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February 27, 2024

Environmental Aspects of M&A Transactions: Lecture by Sagi Gross

Sagi Gross, a partner in our firm, lectured at Bar-Ilan University as part of a course on environmental law. He discussed the environmental aspects of MA transactions

February 26, 2024

US Regulatory Authorities Look to Increase Hedge Funds' Transparency and Stability

The new rules will require managers of large hedge funds to disclose additional information about their activities and strategies and provide more detail about their investments, including the countries and industries in which they are invested, leverage exposures, and more. As expected, fund managers are objecting, arguing that the new requirements will lead to superfluous information overload.

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February 22, 2024

Risk to Israeli Entities Posed by International Sanctions – What Is the Exposure and What Are the Dangers?

The United States, the European Union, and other countries have been imposing economic sanctions on Israel for quite some time. The recent sanctions imposed on Israeli settlers suspected or convicted of committing violence against Palestinians may be a harbinger of a broad regime of sanctions that may affect business activities in Israel.

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February 22, 2024

California Privacy Regulations Come into Effect

The court's decision to start enforcement proceedings, in addition to the provisions of the California Consumer Privacy Act (CCPA) already being enforced, is expected to lead to a significant increase in enforcement against companies that fall in the scope of the CCPA.

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February 21, 2024

International Law: Amichai Cohen Interviewed on "One a Day" Podcast

As an expert in international law, Professor Amichai Cohen, together with news correspondent Yaron Avraham, guest starred on Elad Simchayoff's "One a Day" podcast to discuss the sanctions imposed on Israeli settlers.

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February 19, 2024

Court Takes Measures to Prevent Frivolous Class Actions

The Tel Aviv District Court recently reduced agreed settlements between respondents and petitioners in motions to certify class actions alleging website accessibility violations. It is thus signaling to serial petitioners that filing a motion to certify a class action is a last resort and that they must first complain to the website owner.

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February 19, 2024

Dutch Data Protection Authority Fines Uber

Uber’s insufficiently clear privacy protection policy and lack of transparency about the collection of personal information on its employees resulted in a heavy fine.

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February 18, 2024

Arbitration Clauses in International Agreements

The new law brings clarity to issues of international arbitration and helps parties to an agreement reach decisions and wisely plan ahead for any possible commercial disputes.

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February 15, 2024

Barnea: Hosting Femtech Event

Ariella Dreyfuss and Inbar Gorelick participated in a femtech event hosted by our firm. As part of the event, Ariella lectured on founders’ agreements and Inbar on intellectual property.

February 15, 2024

Imputed Value on Usage of Company Car as Income during Swords of Iron War

As a rule, employers in Israel that provide company cars for their employees’ use must attribute income to those employees in accordance with the imputed value of the use of the car prescribed in the Income Tax Regulations. Moreover, even if the car was in the employee’s possession for only part of the month, employers must attribute income to the employees for the full imputed value of the use of the car. However, the Israel Tax Authority has issued new special instructions because of the Swords of Iron War.

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February 14, 2024

Guide to Working Parents’ Rights – Jacki Silbermann Interviewed by Israel Hayom

As an employment law expert, Jacki Silbermann was interviewed by Israel Hayom about the rights of working parents. With regard to shortened work days, Jacki noted, “There are special arrangements that entitle parents to shorter work days for a certain period of time. In the absence of a workplace arrangement regarding shorter work days, and if an employee requests such to take care of his children, he must reach an agreement with his employer."

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February 14, 2024

Election day for Israeli local authorities and regional councils

Is election day for local authorities and regional councils in Israel considered a statutory holiday, who is entitled to overtime for working on that day, and what happens in the event of repeat elections? Questions and answers ahead of February 27.

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February 14, 2024

New Collective Bargaining Agreement in Israel: Welfare of Employees Serving in IDF Reserves

The collective bargaining agreement signed between the Histadrut-General Federation of Labor in Israel and the Presidium of Israeli Business Organizations will come into effect only after an extension order is issued. The agreement regulates the rights of both employees serving in the reserves and their spouses, including the addition of paid vacation days and anchoring protections against dismissal

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February 12, 2024

Payment of Wages to Private-Sector Employees in Israel

The payment of wages to private-sector employees in Israel who were absent from work due to the war will be regulated under a new collective bargaining agreement, subject to the issuance of an extension order governing its provisions. This arrangement will also apply to employees placed on unpaid leave due to the war.

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February 1, 2024

Critique of Proposed Amendment to Real Estate Taxation Law – Terry Almozlino Arnon Interview with ICE

"The goals of the amendment are important, but this is not the way to achieve them." Terry spoke with ICE about the Ministry of Finance's plan to impose additional burdens on the market for investment apartment buyers with the hope to increase housing supply and reduce prices. "To invigorate the real estate market, specific incentives, such as mortgage benefits, should be implemented," Terry proposed instead.

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February 1, 2024

Institutional Investors, Investment Funds, and ESG

The European regulations that apply to investment funds are expanding to cover ESG issues. Israeli institutional investors should familiarize themselves with the regulations and prepare for similar regulations in Israel.

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January 29, 2024

Privacy and AI in Israel and worldwide: a look to 2024

2023 trends are expected to continue in 2024, including the constantly evolving regulation of AI tools and new privacy protection and data security issues, as well as attempts by Israeli and global authorities to keep up with the pace at which technology is evolving and changing the face of the business world.

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January 25, 2024

Monopoly: Meta to Pay ILS 25 Million for Failing to Report Mergers

The high fine spares Meta an official determination by the Israel Competition Authority that it violated competition law by failing to report mergers, and serves as a “warning sign” to other international corporations that may not be sufficiently familiar with the obligation pursuant to Israeli law to report a merger if the company fulfills the monopoly criterion.

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