Latest Updates

December 10, 2019

Lecture on the Historical Real Estate Rights of Kibbutzim

Hagit Ben Moshe lectured today at the Land Management Forum for kibbutz officers. Hagit provided an overview of recent rulings on the historical real estate rights of kibbutzim.

December 10, 2019

Modifications to an Apartment at the Purchaser's Request Do Not Constitute Just Cause for Late Delivery of Possession

A recent judgment by the Hadera Magistrate's Court holds that modifications to an apartment made at a purchaser's request do not constitute just cause for late delivery and that the purchaser must be compensated for any delay.

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December 5, 2019

Urban Renewal Authority Halts Projects Due to Improper Obtaining of Signatures

Our firm was interviewed by Globes on the Urban Renewal Authority's latest initiative to limit the addition of space in the apartments of pinui-binui projects to 12 sq. m. We explained that this reduction represents another decrease in entrepreneurs' profit, thus jeopardizing the promotion of projects in this field.

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December 4, 2019

What You Should Know before Launching a Website or App

When a company is looking to start operating on-line via a website or an app, it must ensure its relationship with its users is defined not only from a marketing point of view but also from a legal perspective. Watch the video to learn more.

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December 2, 2019

The Companies Registrar Rears Its Head – Financial Sanctions for Failing to File Reports

The Companies Registrar has recently increased its enforcement efforts when companies failed to submit annual reports, imposing fines amounting to a few thousand shekels on companies that do not comply with the requirements.

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November 27, 2019

The End of Sanction-Free Voluntary Disclosure

The sanction-free voluntary disclosure procedure will come to a close at the end of 2019. Provided the Israel Tax Authority and the State Attorney’s Office decide not to extend this procedure, this may be the last opportunity to declare and report true income, and accordingly pay true taxes, without the disclosure being subject to criminal sanctions.

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November 24, 2019

Google Permits Sports Betting Advertisements

Earlier this year, Google updated its Google Ads policy on gambling and games and announced that, as part of a limited beta launch, state-licensed gambling advertisers would be permitted to promote sports betting content within the US states New Jersey, Nevada, and West Virginia.

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November 20, 2019

Seven Investment Terms Every Entrepreneur Should Know

Below are some important terms every entrepreneur should know before undertaking his or her first investment round.

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November 20, 2019

Event: Urban Renewal

Our office hosted today an event on urban renewal. The event dealt with the 2019 review of the field and projections for 2020. We also hosted the chairman of the Urban Renewal Authority and held an expert panel.

November 20, 2019

Podcast: Ariella Dreyfuss for 50inTech on Femtech

Ariella Dreyfuss talks to 50inTech in a special podcast about the growing femtech industry. She discusses challenges facing entrepreneurs in the field and offers advice on how to talk to investors.

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November 19, 2019

Event: The Future of Money Transfers

Our firm hosted today ACC members for a seminar on money transfers. Dr. Zvi Gabbay reviewed the regulations and guidelines that exist today in Israel and around the world on the handling of money transfers. In addition, we conducted a panel discussion addressing the challenges and opportunities facing businesses who need to know how to solve problems that may arise. Participating in the panel were Anat Even-Chen, our regulation expert; Doron Cohen, CEO of Covercy; Idit Froim, General Counsel of Colu; Yitz Raab, Managing Partner of Tzur Management; Rami Sasson, Chief Compliance Officer of Discount Bank; and Ronen Siman-Tov, CTO of IBM Blockchain World Wire.

November 19, 2019

Trading Platforms Targeted by the Israel Securities Authority

The Israel Securities Authority (ISA) recently published a proposed amendment to the Israeli Securities Regulations concerning trading platforms’ activity in Israel.

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November 18, 2019

Representing Cymplify in Acquisition by Check Point

Our firm represented the IoT security company Cymplify in its acquisition by NASDAQ-listed cloud security company Check Point Software Technologies Ltd. for USD 5 million.

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November 18, 2019

Israel's Attorney General Guideline to Advance Transition to Digital Services in Government Ministries

In October 2019, Israel's Attorney General published a detailed guideline document addressed to the legal counsels of various government ministries.

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November 14, 2019

Tel Aviv Court Allows Yehuda Levy to Join Legal Proceedings against Eshkolot

The Tel Aviv Economic Court allowed the actor Yehuda Levy to join Shaham, the largest actors' organization in Israel, and a group of fellow artists in their legal dispute with the management of Eshkolot. Advs. Zohar Lande, Hadar Israeli and Eyal Nachshon are representing Shaham and the artists.

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November 14, 2019

Zvi Gabbay Lectures to a Course for Compliance Officers

Zvi Gabbay lectured today before compliance officers at the BDO Finance Academy. The lecture dealt with the internal enforcement of securities laws, the enforcement revolution by the Israel Securities Authority, and the need to formulate an effective internal enforcement program.

November 13, 2019

Representing License Holders of the Ishai Gas Reservoir

Advs. Zohar Lande and Anat Even-Chen are representing the license holders of the Ishai gas reservoir. This reservoir shares its gas with the Aphrodite field in Cyprus. Our firm is accompanying the license holders in their appeal to the Ministers of Energy, Foreign Affairs, Justice, and Finance to secure their rights further to the agreement signed by the Aphrodite license holders with the Cypriot government.

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November 13, 2019

Elder Adato Moderates Mayoral Panel at the Israel Builders Association Conference

Elder Adato, the head of our Real Estate Department, moderated today the mayoral panel at the Israel Builders Association Conference. Participating in the panel were the mayor of Eilat, the mayor of Yehud-Monosson, the co-CEO of Shalom Et Nathan, and the chairman of the Israel Builders Association.

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November 12, 2019

Special Security Situation - Employment Queries

Schools and workplaces were closed earlier today following an announcement by IDF Central Command. As a result, many employees and business owners found themselves uncertain of their rights and what to do. Netta Bromberg, the head of our Employment Department, was interviewed on the subject. She explained under what conditions an employee can stay home and when an employer can require an employee to arrive anyway.

Article from Mako

Article from The Marker

November 11, 2019

Israel's National Labor Court Protects Right to Organize

In September, Israel's National Labor Court dismissed an appeal by the Café Noir restaurant and affirmed the Tel Aviv Regional Labor Court’s judgment, which held that the restaurant must pay NIS 300,000 compensation for infringing on its employees’ right to organize.

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