Latest Updates

March 12, 2023

Critical Considerations before Drawing up a Founders’ Agreement

A founders’ agreement is signed at the initial stages of forming a venture with an uncertain future. This is precisely the time to decide how matters will proceed if the venture is an enormous success, a failure, or anything in between.

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March 7, 2023

District Court Dismisses 66 Class Actions over Accessibility

In a precedential ruling, the Tel Aviv District Court dismissed 66 motions to certify class actions filed against dozens of public companies. The motions alleged the companies’ financial reports and reporting to the Tel Aviv Stock Exchange’s MAYA system were not accessible to people with disabilities. Eyal Nachshon, Zohar Haim Levinger, and Naama Ben Arosh Moshe represented a large number of the companies.

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March 5, 2023

Avishay Klein Invited to Speak at Global Intellectual Property ConfEx in Dubai

Avishay Klein, the head of our firm’s privacy and data protection practice, attended the Global Intellectual Property ConfEx in Dubai. Avishay spoke as part of a panel on IP data breaches, including preparing for cyber threats and dealing with cyber crises.

March 2, 2023

In First, Arrangements Law Includes Extensive Reference to Digital Assets

The draft of Israel’s Arrangements Law – Economic Plan for 2023-2024 addresses digital assets extensively for the first time. The draft bill contains a section dedicated to the regulation of digital assets and addresses stablecoins, taxation issues, the banking system, DAOs (decentralized autonomous organizations) and more.

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February 28, 2023

Stricter Review and Enforcement of Vertical Resale Price Maintenance Arrangements

The Israel Competition Authority is imposing a stricter policy against resale price maintenance arrangements, and increases enforcement in this area, to make the market more competitive.

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February 26, 2023

Doing Business in Israel: Being an Employer

Employment law in Israel is dynamic and relies not only on the letter of the law, but also on rapidly changing case law. At the same time, Israeli employment law is highly regulated, and there are a wide variety of rules and standards that obligate the parties to an employment relationship.

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February 23, 2023

Terry Almozlino Arnon Participates in Dun’s 100 Real Estate Forum

Terry Almozlino Arnon, head of our firm’s Commercial Real Estate Department, participated in the Dun’s 100 forum for senior legal professionals in the real estate field. The forum brought the professionals together to address burning issues in the industry. Topics of discussion this year included Israel’s housing crisis and the continued increase in interest rates.

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February 22, 2023

Abstract Elements and Trademark Dilution – Adidas versus Thom Browne

Everyone knows Adidas’s famous three parallel stripes logo, including US fashion designer Thom Browne. Despite this, Browne introduced a parallel stripes motif in his designs. In 2021, Adidas sued him for breaching its intellectual property rights. Last month, a Manhattan jury found Thom Browne did not commit trademark infringement and that Adidas would have to make do with ownership of only the three-stripe design.

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February 22, 2023

New Israeli Restrictions on Direct Importers

The Israeli government is continuing to amend the Competition Law with the intention of curbing the cost of living. In the crosshairs are direct importers, who will be subject to strict scrutiny once the amendments are enacted.

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February 22, 2023

Prof. Amichai Cohen on Israel’s Constitutional Law Reforms

Prof. Amichai Cohen was invited to write a series of articles about the new Israeli government’s proposed judicial reform and its implications for the Israeli legal system

Read the first article: Constitutional Law Reforms.

Read the second article: Constitutional Revolution.

February 21, 2023

AI and Regulation: The Future Is Already Here

The more artificial intelligence permeates additional spheres of private and public life, the greater the need to regulate uses of this technology. Various artificial intelligence regulations are already in place around the world and additional regulatory initiatives are being promoted at a rapid pace.

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February 21, 2023

Advantage to Israeli Banks When Self-Exercising a Deposited Pledge

Collateral in the form of a deposited pledge is an easy and inexpensive way to secure credit. However, Israeli law does not allow foreign banks to benefit from an efficient and effective mechanism enabling debt recovery by way of the self-exercise of collateral. There is no real justification for this and it harms competition in the credit market.

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February 15, 2023

Privacy: Avishay Klein Interviewed by N12 about New European Regulations

The entrance into force of the European GDPR in 2018 had an international impact, imposing a series of privacy restrictions on companies. Now, new privacy laws concerning fair conduct in the digital market and consumer protection are about to come into force. Their impact on companies looks to be dramatic. Dr. Avishay Klein elaborates in an interview with N12.

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February 14, 2023

Yuval Lazi Leads Table at OurCrowd Leaders Forum

Yuval Lazi was chosen to lead a taskforce table at the annual OurCrowd Global Investment Summit, dealing with “MA Challenges in Light of Political and Economic Turmoil.”

February 9, 2023

Webinar for Legal Counsels on Role of Legal Advisor in Relation to ESG Risks

Our firm held a webinar for members of the In-House Counsels for In-House Counsels Organization, in which Dr. Zvi Gabbay presented existing regulation in Israel in the field of ESG and the trends in the US and Europe. He also discussed ESG risk management in an environmental context.

February 8, 2023

Digital Assets or Securities?

The Israel Securities Authority recently published a proposal for a series of legislative amendments relating to digital (cryptographic) assets, whose implications go beyond the realm of digital assets and do not herald much good news for Israeli crypto ventures.

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February 7, 2023

Barnea Representing Car Safety Company in Industrial Espionage Lawsuit

Zohar Lande, Moran Bickel, Asaf Glazner, and Inbal Amit are representing the car safety company D-Lock in the NIS 20 million lawsuit it filed against SafeCar. D-Lock claims SafeCar engaged in industrial espionage, baseless lawsuits, and threats against D-Lock’s managers and service providers in order to stop its entry to the market.

February 7, 2023

How a New Knesset Bill May Affect Labor Strikes

The Knesset is looking to limit workers’ ability to go on strike. Netta Bromberg, the head of our firm’s Employment Department, explains the consequences of MK Simcha Rothman's bill on the right to strike.

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February 6, 2023

Buying an Apartment “On Paper” – Caveat Emptor?

A new Supreme Court ruling reverses a district court decision, while imposing heightened liability and an enhanced duty to disclose information on “on paper” apartment sellers.

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February 6, 2023

Drastic Measures to Reduce Concentration and Increase Competition in the Israeli Food and Toiletries Market

The Israeli Ministry of Finance and the Competition Authority are pushing to introduce a plan in the annual Economic Arrangements Law that would impose significant restrictions on importers and suppliers of major brands, with the aim of reducing concentration and increasing competition in the food and toiletries market in Israel.

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