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December 25, 2024

Applicability of Payment Services and Initiation of Payment Law in Trust Frameworks

December 24, 2024

New EDPB Opinion on Personal Data Protection in AI

Several days ago, the European Data Protection Board (EDPB) adopted an opinion addressing key data protection concerns arising from the use of Artificial Intelligence (AI) models. The opinion specifically focuses on how GDPR principles apply to AI, emphasizing issues such as anonymization of data within AI models, the legal basis for processing personal data during AI development and deployment, and the consequences of unlawful data processing in AI systems.

December 23, 2024

Conference: Successfully Managing the Relationship with Legal Counsel and Avoiding Common Mistakes

Our firm hosted 15 startup CEOs yesterday as part of the CEO Elite Series. Itay Gura, a partner at our firm who leads our startup practice, delivered a lecture at the event on the key challenges faced by growing startups, effective management of legal counsel, and how to avoid common mistakes.

December 19, 2024

Defense IPOs in the Capital Market: An Op-Ed in N12

In the Israeli capital market, which is accustomed to trends like urban renewal and cannabis, a new sector has emerged over the past year: defense companies. Since October 7, the market has experienced volatility but is now stabilizing, revealing new opportunities. Today, 15 active defense companies are traded on the Tel Aviv Stock Exchange, and this growth is no coincidence. Elad Reshtick and Raz Landau, capital market experts, published an op-ed in N12, exploring this emerging trend, its challenges, and its opportunities.

December 19, 2024

New Supreme Court Ruling Regarding Changes To a Mutual Will After The Spouse’s Demise

A new Supreme Court ruling overturns lower courts’ rulings and regulates the application of the “successive heirs” provision of the Succession Law, in instances when a surviving spouse who inherited property by virtue of a mutual will changes his/her will after the spouse’s death.

December 16, 2024

Engaging with Service Providers – Practical Tools and Managing Exposures

Our firm hosted a webinar this morning for in-house counsel on the topic of engaging with service providers. The webinar was held in collaboration with the ACC, the Israeli Association of Corporate Counsel, and was attended by 130 in-house counsel. Adv. Netta Bromberg, Head of the Employment Department at our firm, discussed trends in engaging with service providers, the proper classification of service providers, and guidelines for working with them.

December 16, 2024

Lecturing at the Hasoub Angels' Training Program

Advs. Yuval Lazi and Hanna Daher were invited to lecture at the training session for Hasoub Angels, an initiative that supports the Arab entrepreneurial ecosystem through collaborative and structured angel investing. Yuval discussed financing startups, while Hanna covered essential legal and tax considerations for angel investors.

December 15, 2024

Expansion of Privacy Protection Regulations regarding data from the EEA

As of January 1, 2025, the Israeli Privacy Protection Regulations (Instructions for data being transferred to Israel from the European Economic Area) will also apply to data being stored or processed in Israel or in other countries, such as the US and the UK, if these databases also contain data transferred from Europe. In other words, this means that as soon as a database in Israel or another country also contains personal information transferred from Europe, all data in the database must comply with the regulations’ requirements – not just the data that came from Europe, but also the local data or data that came from other countries.

December 12, 2024

Insider Trading: An Interview with Adv. Hadar Israeli

About six months after the indictment was filed, the trial of Shay Lipman opened at the Tel Aviv District Court. Lipman, a former senior real estate analyst, is accused of profiting approximately 400,000 NIS from trading securities after being exposed to sensitive information and using insider information. As an expert in white-collar crime, Adv. Hadar Israeli was interviewed by Globes and explained the charges against Lipman, the expected penalty, and the challenges anticipated for both the prosecution and the defense.

December 12, 2024

Planning and Building Law – Changes to Betterment Levy Appeal Procedures

A recent amendment to the Planning and Building Law came into effect, introducing changes to the appeal process for betterment levies.

December 11, 2024

The Israeli Chapter in Legal 500's International Trade Guide

Our firm was chosen to cover the Israeli chapter of the Legal 500 International Trade guide. The chapter was written by Professor Amichai Cohen and provides insights on key issues in international trade law, including WTO agreements, FTAs, and trade sanctions.

December 9, 2024

Salary payments in Israel through payment companies

A new amendment to the Israeli Wage Protection Law allows employees to request that their employers transfer their salary to a wider range of entities.

December 9, 2024

Cybersecurity Regulation Enforcement Tightens in NY, Highlighting a Broader Trend

Recent fines issued in New York are part of a wider trend of stricter state-level enforcement on cybersecurity in the U.S. Israeli companies operating in the U.S. are required to stay informed.

December 8, 2024

2023 Arbitration Year in Review

Jus Mundi has published a comprehensive overview designed for those with an interest in international arbitration. The publication examines recent developments in international arbitration in Israel, offering an in-depth analysis of the evolving legal framework. Lina Makhuli, Senior Associate at Barnea Jaffa Lande, was selected to contribute to this publication as part of the writing team for the chapter on Israel.

December 8, 2024

A Wave of Real Estate Companies IPOs?

Elad Rashtik, Partner in our Finance and Public Companies Department, was interviewed by Globes following the forecast that we are on the brink of a new wave of IPOs by real estate companies, initially focusing primarily on bond offerings.

December 5, 2024

Unregulated Trust Mechanisms

We tend to think of a “trust” as a regulated contractual mechanism that people create through an agreement, a letter of authorization to a trustee etc. But is it possible to become part of a trust arrangement without it being formally regulated? The (perhaps surprising) answer is unequivocally “yes.”

December 2, 2024

"Buy-Sell" Model (Reseller) Activity Exempt from Payment Services Licensing

The Israel Securities Authority recently published a staff legal position addressing the licensing requirements for businesses operating in the "Buy and Sell" or "Reseller" model in online marketplaces.

December 2, 2024

ISA: New Guidelines on Offering and Intermediating Joint Investment Arrangements

The Israel Securities Authority published a position statement recently addressing various issues pertaining to brokerage activities and offerings of joint investment arrangements, including the applicability of the Regulation of Investment Advice, Investment Marketing and Portfolio Management Law (“Advice Law”) and the Joint Investment Trust Law to these activities.

December 2, 2024

Webinar on Competition Law Addressing the Strengthening of Merger Enforcement

This morning, our firm held a webinar in collaboration with the Association of Corporate Counsel on the strengthening of merger enforcement, especially in light of the landmark decision in the Strauss-Weiler merger. The webinar featured a presentation by Adv. Gal Rozent, head of our competition department, and was attended by dozens of in-house legal counsel.

December 2, 2024

Participation in the Panel of the Urban Renewal Authority – Rishon Lezion

Adv. Ruth Gerbi participated in a panel organized by the Urban Renewal Authority of Rishon Lezion. The panel, which took place yesterday, discussed issues such as recalcitrant buildings, warning notices, professional ethics of lawyers, and differential changes (or disparities) between property owners and other stakeholders in the project. Ruth presented the perspective of the tenants on each of the topics.