Search by Practice
Latest Updates / International Sanctions
January 22, 2023
Israel: Monopoly Fined for Unfair Excessive Price
The Israeli Competition Director General fined MBI and company officers after they spiked the price of a life-saving drug called Leadiant by hundreds of percentage points.
January 22, 2023
Israel: Foreign Company Fined for Failing to Comply with Competition Authority’s Request for Information
The Israeli Competition Authority believes its authority to issue information requests is not limited to Israeli companies, and that foreign companies with no affiliation to Israel are also subject to its authority and to fines for breach of the Competition Law.
January 19, 2023
Webinar: Accessibility of Company’s Reports
As part of a webinar held by the Israeli Association of Publicly Traded Companies, Eyal Nachshon lectured on the accessibility of company reports in the Magna and Maya systems and the exposure of public companies to public lawsuits in connection with the violation of accessibility obligations.
January 18, 2023
2022: Trends in Israeli and International Privacy Regulations
2022 saw significant regulatory developments in the field of privacy protection in Israel and throughout the world. These developments directly affect companies whose business activities in Israel and internationally involve the collection and processing of personal information.
January 16, 2023
Dudi Cohen Participates in Annual Dun’s 100 Forum of Capital Market and Finance Executives
As part of the annual Dun’s 100 forum, senior executives from the finance industry discussed such burning issues as the non-bank credit sector, the slowdown in high-tech and real estate activity, and more. Dudi Cohen, the head of our firm’s Finance and Public Corporations Department, noted that "even though in the near future we are likely to see a wave of companies realizing there is no place for them in the stock market and that they will be sold as skeletons or deleted from the trading rolls, we still need to remember that there are entities that have an interest in raising capital through the stock market."
January 15, 2023
ACC Podcast on Bond Issuances
As an expert in advising public companies, Elad Reshtick was asked to be a guest on the Association of Corporate Counsel’s podcast, where he spoke about the bond issuance process.
January 15, 2023
Podcast: Administrative Enforcement
Dr Zvi Gabbay, the head of our firm’s Capital Markets Department, guest starred on an episode of the podcast hosted by the Association of Corporate Counsels in Israel. The episode focused on tools for dealing with administrative enforcement.
January 15, 2023
Is AI-Based Pricing a Detriment to Competitiveness?
The increasing commercial use of AI-based pricing engines will place new challenges before Israel’s competition authorities, both due to concerns about the creation of new means of price coordination between competitors, and, perhaps primarily, because such pricing engines intensify the competition failures that already exist, especially in low-competition markets. Gal Rozent and Ran Karmi elaborate on these challenges in an op-ed for Calcalist.
January 12, 2023
Misha Gitterman Lectures at Reichman University
Misha Gitterman, a partner in our firm’s Finance and Public Corporations Department, lectured to graduate students in Reichman University’s Law, Technology and Business Innovation program as part of the course “Startup Capital Raising – From Angel Investment to IPO.”
January 12, 2023
Barnea: Participating in Tel Aviv University Medical Innovation Hackathon
Ken Shaked acted as a judge for Tel Aviv University’s medical innovation hackathon and will serve as a legal advisor for the competition’s winners. Inbar Gorelick, Dana Ben Yehuda, and Inbar Katzir served as mentors and provided participants with professional input.
January 12, 2023
A Silent Epidemic – How to Identify, Handle, and Prevent Workplace Bullying
Netta Bromberg, the head of our firm’s Employment Department, was a guest on an episode of the “Bul-Bapony” podcast. Netta discussed the gap between what an individual pays versus an organization for bullying in the workplace and the difficulties in identifying it.
January 10, 2023
Lecture: Investment Agreements
As part of our firm's collaboration with the Jewish-Arab accelerator jumpTAU at Tel Aviv University, Adv. Yuval Lazi lectured to entrepreneurs in the accelerator. During the lecture, Yuval provided legal tools to entrepreneurs and discussed how to avoid mistakes before signing investment agreements.
January 10, 2023
Yuval Lazi Lectures at Azrieli College of Engineering’s AtoBe Accelerator
Yuval Lazi, head of our firm’s international corporate practice, lectured to members of the AtoBe Accelerator on founders’ agreements.
January 9, 2023
Hosting Entrepreneurs from jumpTAU Accelerator
Our firm hosted entrepreneurs participating in the jumpTAU program of Tel Aviv University’s Entrepreneurship Center. In this framework, Yuval Lazi lectured on founders' agreement and financing startups, while Anat Even-Chen lectured on setting up a website and the privacy issues that entrepreneurs must address at the very beginning.
January 9, 2023
Kibbutz Sector: No More Benefits for Agricultural Land Converted for Commercial Purposes
Hagit Ben Moshe, a partner and the head of the firm’s Kibbutz Sector Department, was interviewed by several media outlets in connection with the decision to put an end to the financial benefits kibbutzim and moshavim receive for converting agricultural land for commercial or industrial purposes.
January 8, 2023
2022: A Turbulent Year for the Cryptocurrency Sector
On the one hand, the cryptocurrency industry is still in the throes of the crisis caused by a series of bankruptcies and one of the biggest scandals in the world of finance. On the other hand, transparent and decentralized alternatives to the centralized financial sector demonstrate why they are so important, as well as their ability to function effectively even in times of crisis.
January 5, 2023
2022: Legislative and Judicial Trends - Israeli Labor Law
In terms of Israeli legislation in 2022, the new and amended legislative arrangements were designed to advance the integration of diverse groups in the workplace. One such example is the amendment to the Male and Female Workers (Equal Pay) Law enacted in June 2022, which prescribed, for the first time, that particular types of employers must report wage gaps in the organization.
January 4, 2023
Representing Phoenix and More Investment House in a Dispute with Megureit Israel
Our firm continues to represent the institutional investors Phoenix and More, shareholders of Megureit Israel Ltd., in relation to a dispute about Megureit’s unlawful conduct. According to Phoenix and More, the REIT fund approved, in violation of the law, the extension of the agreement with the management company REIT Index Management Ltd., in a way that constitutes harm to the company itself (and, consequently, also to its shareholders). Megureit also refrained from transferring documents requested by Phoenix and More in this regard and procrastinated in an attempt to avoid convening a meeting and an operative discussion of the issue that could lead to a solution benefitting the company and all of its shareholders. Last week, Advs. Zohar Lande and Adi Shoham sent a letter to Megureit clarifying that Phoenix and More intend to insist on their rights, including by filing a derivative suit against the company and other parties. They requested that this letter be considered a preliminary notice before filing a derivative suit.
January 3, 2023
2022: Developments in Financial Service Providers Regulations
This article summarizes the regulatory developments imposed on financial service providers, including of non-bank credit and financial asset services, and the key measures companies engaging in this sector should take in preparation for 2023.
January 2, 2023
Duties and Rights of Israelis Who Relocate – Amos E. Rosenzweig Interview with Walla!
In an interview with Walla! News, Amos E. Rosenzweig, a special counsel at our firm, explains that Israeli law possesses no positive definition of who is considered an Israeli resident, but rather who is not. In addition, Amos discusses the social welfare conditions and financial allowances of Israeli residents who live abroad or are considered returning residents.