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Latest Updates / Litigation

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.

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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

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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.

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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.

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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 ?

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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.

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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.

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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.

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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.

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March 30, 2020

The Offense of Bribery

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

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March 29, 2020

Article: Bond Market Rescue – Debt and Interest Restructuring

The coronavirus crisis is affecting both stock prices and corporate bond prices and yields in the capital market. Zohar Lande, in an article for Bizportal, explains that the Israel Securities Authority must create a “fast-track mechanism” that allows companies to choose to be included in a debt restructuring arrangement subject to the different criteria.

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March 23, 2020

Taking Testimony in Israel for Criminal Trials in the United States

Recently, United States federal courts have been more frequently approving the extra-territorial collection of testimony for use in criminal trials to be held in the United States. While the collection of such testimony for civil proceedings held in US courts is already commonplace, until now it has been a very rare occurrence in criminal proceedings.

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March 19, 2020

Coronavirus: Is a Huge Wave of Debt Arrangement on the Way?

Micky Barnea was interviewed by Globes on the coronavirus’ effect on both the corporate and government bond markets.

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February 25, 2020

Who Owns the Copyright – the Photographer or the person who was Photographed?

Potential legal exposure when one makes use of a photograph displaying his or her own image without the permission of the photographer.

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January 22, 2020

United States: Enhanced Enforcement Policy regarding Anti-Corruption and Bribery Law on Non-US Citizens and Companies

Hoskins, a British national and former executive of Alstom SA, a French company was convicted by an American federal court of violating the Anti-Corruption and Bribery Law. This is an important red flag for any person or company conducting activity in the United States.

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January 14, 2020

Seminar on Multi-Jurisdictional Litigation

Our firm hosted today the Israeli Directors' Union for a seminar on multi-jurisdictional litigation. The seminar examined the considerations when a corporate crisis breaks out and a company's board of directors and management are required to build a multi-jurisdictional litigation package. The seminar was held in collaboration with Dechert LLP. Adv. Hadar Israeli lectured on managing a legal crisis when a conflict of interest exists between management and the board.

January 12, 2020

Daphna Klein Interviewed on Financial Radio Program

Daphna Klein was interviewed by the "Tzeva Hakesef" radio program on Kan Reshet Bet following the recent Supreme Court ruling that posting and sharing on social media may be considered an advertisement for the purposes of the defamation law. According to Daphna, this decision has significant weight to a wide swath of the public, who are not necessarily aware of their exposure to being sued in defamation claims (starting min 21.22).

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January 2, 2020

NIS 10M Lawsuit against Yaron Roziak and Rabbi David Ifergan

Our firm is representing Kobi Zaid, the founder of Zaid Orniv, in a shareholder dispute and a contract enforcement lawsuit against the businessman Yaron Roziak and Rabbi David Ifergan.

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January 1, 2020

Eyal Nachshon Op-Ed: New Supreme Court Ruling Will Allow Businesses to Repel Class Actions

Eyal Nachshon, Partner at our Litigation Department published an op-ed in Dun's Calcalist on the new Supreme Court ruling that would-be plaintiffs must approach defendants before filing a class action suit. According to Eyal and Amichay, this ruling is significant news for private businesses seeking to repel class action lawsuits.

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December 29, 2019

Is It Necessary to Send a Demand Letter a Defendant Prior to Filing a Class Action Suit?

In December 2019, an expanded panel of seven Supreme Court justices published a precedential and important decision considering the issue of whether a party seeking to file a class action suit against a government agency must send a demand letter to the agency in advance of filing.

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