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February 28, 2021

Precedent-Setting Ruling on Court Expenses

In a precedent-setting ruling, a family court ordered the losing side in a family dispute to pay the winning side attorney's fees and court expenses in the extraordinary and unprecedented amount of NIS 2 million. This ruling indicates a sweeping change in the Israeli legal world, following new regulations that came into effect in January 2021.

February 18, 2021

Mediation Agreement between Actors' Organization and Eshkolot Reaches Court

Israeli Attorney General Avichai Mandelblit has submitted his opinion regarding the mediation agreement signed by the actors' organization Shaham and a number of performing artists with Eshkolot.   An article published in TheMarker describes the management changes being undertaken by Eshkolot as a result of the legal proceedings against it.   Adv. Eyal Nachshon, who represents Shaham and the artists, noted in the article that Shaham and a number of artists have been leading this legal proceedings for some time, demanding both significant changes to Eshkolot's management and increased transparency. One of the most substantial achievements in the process so far, thanks to the mediation arrangement, is that for the first time members from the younger generation of performing artists in Israel are being included in Eshkolot's management.

February 11, 2021

Temporary Procedure for Insolvency Procedures in Israel in Light of COVID-19

The coronavirus pandemic has wreaked extensive economic havoc on the activities of many businesses and households in Israel. According to data from the Commissioner of Insolvency Proceedings, 2020 brought a rise of about 41% in the number of applications to commence insolvency proceedings compared to 2019.

February 1, 2021

Class Action Lawsuits: What Are They?

What are class actions and what is their purpose? In what circumstances may a class action be filed? What are the important points to consider when filing a class action? Eyal Nachshon, a partner in our firm’s Litigation Department, answers all these questions and more on a new Calcalist podcast.

December 27, 2020

The Battle Firing Up Prominent Artists in Israel

In recent years, leading artists in Israel have alleged a lack of transparency in how Eshkolot, a company that oversees artists' royalties, is managing their money. Several of these artists are stakeholders of the company, and some previously held various positions in the company.  Adv. Eyal Nachson was interviewed for an article by TheMarker on the subject. Eyal was quoted as follows: "On the recommendation of the court, Shaham – The Israel Actors' Association conducted a comprehensive and in-depth mediation procedure with Eshkolot. At the end of the mediation, the parties reached an agreement including achievements that will strengthen the control and supervision of the royalty amounts."

October 1, 2020

Japan, the Land of the Rising Sun, and Interest in Israeli Hi-Tech Companies

2014 was a good year for the Israeli-Japanese economic relationship. Viber’s USD 900 million acquisition by Japanese giant Rakuten and the RD cooperation agreement between Japan and Israel marked the beginning of growing interest and a successful relationship between the two distinct countries.

September 8, 2020

The Ultimate Guide to eDiscovery

This has opened the door to an era of massive discovery of thousands different kinds of documents of between the parties (Word documents, PDFs, Excel spreadsheets, emails, photos, and audio files), which was uncommon in the days of paper and binders.

August 25, 2020

New Ruling Expected to Reduce Managers' Responsibility Following a Company's Collapse

In an important ruling recently handed down, the Tel Aviv District Court rejected a NIS 120 million lawsuit filed by Habas Group against the company's managers. Judge Kabub's ruling constitutes an initial interpretation of a new section of the the Insolvency and Rehabilitation Law, which deals with the degree of responsibility that can be attributed to managers when the company they run becomes insolvent.

August 20, 2020

Israeli M&A players take note, the Warranty & Indemnity (W&I) Insurance market has matured.

This has opened the door to an era of massive discovery of thousands different kinds of documents of between the parties (Word documents, PDFs, Excel spreadsheets, emails, photos, and audio files), which was uncommon in the days of paper and binders.

July 1, 2020

Lawsuit Filed against Moshe Hogeg Alleges Fraud in Stox Fund Raising

Our firm is representing a Canadian citizen in a NIS 5 million lawsuit against Moshe Hogeg, a well-known Israeli entrepreneur in the crypto field. Our client claims the funds raised by Hogeg’s company Stox were used by the defendants for their own personal purposes, and that the defendants violated their obligations to investors.

July 1, 2020

Israel – How Your Business Can Avoid the Dramatic Increase in Accessibility Class Actions

Recently, there has been a dramatic increase in the enforcement of accessibility issues in Israel. More and more companies are facing requests for certification of class action suits for failing to make services accessible to people with disabilities. Such proceedings, exempt from court fees, are initiated by lead plaintiffs against big and small organizations, from both the private and public sectors.

June 9, 2020

Facing A Criminal Investigation? Why It's Important to Consult an Attorney Beforehand

Facing Criminal Investigation? Why It Is Important to Consult an Attorney Beforehand 

June 7, 2020

Advising on an Administrative Appeal to Cancel Land Grant

Last April, the Maxima company, controlled by billionaire George Horesh, received a 34-acre plot in Ashdod from the Israel Land Authority, without there being a tender process. Three private landowners holding factories near this area petitioned via our office for the Land Authority's decision to allocate the plot without a tender be cancelled. Zohar Lande, Gal Livshits, and Adi Shoham represented the clients.

May 20, 2020

Class Action Lawsuits Skyrocket Following Coronavirus Crisis

Adv. Zohar Lande was interviewed by Globes, where he revealed that the number of requests for class action approval coming to our office has increased twofold since the start of the coronavirus crisis. According to Zohar, no action is required by the legislature or the courts in this respect.

May 13, 2020

Legal Options for Israeli Companies Operating in the U.S.

How Israeli companies operating in the U.S. can use COVID-19 as a force majeure and the restructuring of debt in chapter 11 bankruptcy ?

May 6, 2020

Companies and Class Actions

Adv. Eyal Nachshon, a partner in the Litigation Department who often represents defendant companies in class action lawsuits, presents in this short video the conditions for filing a class action lawsuit, the matters for which a suit can be filed, and how a defendant company should formulate a defense.

May 6, 2020

Israel: Fast-Tracked Grant Channel for Companies in Crisis

Following a previous Israel Innovation Authority call for bids for companies developing technologies to help deal with the coronavirus crisis, the IIA has opened a channel to support companies facing financial hardships due to the virus.

April 19, 2020

Habima Theater – the Show Must Go On?

Our Litigation Department is representing  the board of directors and active management of Habima Theater in liquidation proceedings filed by the company's creditors and in legal proceedings directed by the company's temporary trustees.

April 14, 2020

Is Your Business Ready for the Day After COVID-19?

After the coronavirus crisis passes, numerous legal disputes are likely to arise, since many companies will fail to meet their contractual-business obligations. It is recommended for each company to prepare also for the legal disputes in which it can expect to find itself.

March 30, 2020

The Offense of Bribery

What is the definition of bribery in Israeli law and what are the maximum penalties for it?