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Latest Updates / Litigation

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.

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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.

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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.

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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.

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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.

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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

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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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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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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