Latest Updates

March 23, 2023

New Framework Agreement for Public Sector Employees

The Ministry of Finance and the Histadrut (General Federation of Labor in Israel) reached some understandings regarding the framework agreement for the public sector for the years 2020 to 2027.

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March 22, 2023

Corporate Inversion – Turning an Israeli Company into a Foreign Company

A corporate inversion is a process of changing a company’s holding structure, largely with the intention of turning an existing company into a foreign company by positioning a foreign company as a parent company of the Israeli company and enabling the Israeli company to expand into new markets in the international arena.

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March 22, 2023

Israel: Court-Ordered Insolvency Proceedings Are a One-Way Street

When a company in Israel is struggling with material financial difficulties and piles up debts, it has three main coping mechanisms at its disposal. It is important to understand that filing an application for a court order to open insolvency proceedings is a one-way street. Therefore, you must be thoroughly aware of its implications.

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March 21, 2023

Hagit Ben Moshe Lectures to Land Management Forum

Hagit Ben Moshe, a partner and the head of our firm’s Kibbutz Sector Department, lectured today to the Land Management Forum on informed and proper management of transactions on kibbutz land.

March 20, 2023

Lawful Employment Termination in a Changing Labor Market

Employers must be diligent about complying with Israeli labor law and case law when dismissing employees, even during layoffs and reorganization processes, including employees’ statutory rights to a dismissal hearing with their lawyer present.

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March 19, 2023

Policy Update: Employing Ukrainian Citizens in Israel

The Interior Ministry has once again extended its policy of not taking enforcement measures against the employment of Ukrainian citizens who are in Israel because of the war in Ukraine.

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March 16, 2023

Substantial Damages to an Employee for Unlawful Termination and Defamation

A regional labor court found an employer’s conduct did not comply with the law’s provisions on proper termination, and also harmed a longtime employee’s good name.

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March 16, 2023

Reporting Methods – “Accrual Basis” or “Cash Basis”

Preparing reports on an accrual basis and adjusting them to a cash basis for tax purposes was an acceptable practice until the Israel Tax Authority (the "ITA") determined otherwise. However, many companies still prepare two sets of reports, sometimes resulting in problems with the ITA.

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March 15, 2023

The Israeli Arrangements Law of 2023-2024: Significant Harm to Environmental Quality

Notwithstanding growing awareness and the measures being taken to reduce greenhouse gas emissions (as part of Israel’s commitment under the Paris Agreement), the emerging Arrangements Law could cause a regression in environmental legislation and hinder efforts to protect Israel’s population from environmental hazards.

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March 12, 2023

Critical Considerations before Drawing up a Founders’ Agreement

A founders’ agreement is signed at the initial stages of forming a venture with an uncertain future. This is precisely the time to decide how matters will proceed if the venture is an enormous success, a failure, or anything in between.

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March 12, 2023

Stricter Obligations on Recipients of Contract Workers’ Services on Their Premises

From now on, recipients of contract workers’ services must periodically review the wages paid to the service contractor’s employees working on their premises, set up a mechanism for clarifying workers’ grievances, and fulfill a series of other obligations designed to protect contract workers’ rights.

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March 7, 2023

District Court Dismisses 66 Class Actions over Accessibility

In a precedential ruling, the Tel Aviv District Court dismissed 66 motions to certify class actions filed against dozens of public companies. The motions alleged the companies’ financial reports and reporting to the Tel Aviv Stock Exchange’s MAYA system were not accessible to people with disabilities. Eyal Nachshon, Zohar Haim Levinger, and Naama Ben Arosh Moshe represented a large number of the companies.

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March 5, 2023

Avishay Klein Invited to Speak at Global Intellectual Property ConfEx in Dubai

Avishay Klein, the head of our firm’s privacy and data protection practice, attended the Global Intellectual Property ConfEx in Dubai. Avishay spoke as part of a panel on IP data breaches, including preparing for cyber threats and dealing with cyber crises.

March 2, 2023

In First, Arrangements Law Includes Extensive Reference to Digital Assets

The draft of Israel’s Arrangements Law – Economic Plan for 2023-2024 addresses digital assets extensively for the first time. The draft bill contains a section dedicated to the regulation of digital assets and addresses stablecoins, taxation issues, the banking system, DAOs (decentralized autonomous organizations) and more.

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February 28, 2023

Stricter Review and Enforcement of Vertical Resale Price Maintenance Arrangements

The Israel Competition Authority is imposing a stricter policy against resale price maintenance arrangements, and increases enforcement in this area, to make the market more competitive.

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February 26, 2023

Doing Business in Israel: Being an Employer

Employment law in Israel is dynamic and relies not only on the letter of the law, but also on rapidly changing case law. At the same time, Israeli employment law is highly regulated, and there are a wide variety of rules and standards that obligate the parties to an employment relationship.

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February 23, 2023

Terry Almozlino Arnon Participates in Dun’s 100 Real Estate Forum

Terry Almozlino Arnon, head of our firm’s Commercial Real Estate Department, participated in the Dun’s 100 forum for senior legal professionals in the real estate field. The forum brought the professionals together to address burning issues in the industry. Topics of discussion this year included Israel’s housing crisis and the continued increase in interest rates.

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February 22, 2023

Abstract Elements and Trademark Dilution – Adidas versus Thom Browne

Everyone knows Adidas’s famous three parallel stripes logo, including US fashion designer Thom Browne. Despite this, Browne introduced a parallel stripes motif in his designs. In 2021, Adidas sued him for breaching its intellectual property rights. Last month, a Manhattan jury found Thom Browne did not commit trademark infringement and that Adidas would have to make do with ownership of only the three-stripe design.

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February 22, 2023

New Israeli Restrictions on Direct Importers

The Israeli government is continuing to amend the Competition Law with the intention of curbing the cost of living. In the crosshairs are direct importers, who will be subject to strict scrutiny once the amendments are enacted.

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February 22, 2023

Prof. Amichai Cohen on Israel’s Constitutional Law Reforms

Prof. Amichai Cohen was invited to write a series of articles about the new Israeli government’s proposed judicial reform and its implications for the Israeli legal system

Read the first article: Constitutional Law Reforms.

Read the second article: Constitutional Revolution.

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