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March 2, 2025
Knesset Approves Law Easing Tax Relief Conditions in Corporate Restructuring
A new draft bill for second and third readings aims to ease tax relief conditions in corporate restructuring. Initially part of the 2025 Arrangements Law to support high-tech, it was later split from the original bill.
A new draft bill for second and third readings aims to ease tax relief conditions in corporate restructuring. Initially part of the 2025 Arrangements Law to support high-tech, it was later split from the original bill.
March 2, 2025
ESG in the Crosshairs: Will Trump's Policies Change the Rules of the Game? An Interview with Dr. Zvi Gabbay
In the past, ESG matters were primarily handled by accounting firms and external consultants. However, in recent years, leading law firms in Israel have begun establishing dedicated ESG departments or integrating ESG advisory services into existing practice areas such as corporate law, regulation, and environmental law. This shift has been driven, among other factors, by increasing regulatory demands from the Bank of Israel, the Israel Securities Authority, and the Capital Market Authority. Now, with Trump's return to the White House and his new policy direction, is the status of ESG set to change? An interview with our firm's Dr. Zvi Gabbay in Globes.
March 2, 2025
Israel Steps Up Enforcement on Retail Price Marking Violations
The Ministry of the Economy’s wide-scale enforcement campaign launched last weekend in branches of supermarket chains throughout the country, found violations of the obligation to mark prices in all of the branches that were inspected.
March 2, 2025
Significant Shift in the Israeli Privacy Protection Authority’s Definition of Consent
The Israeli Privacy Protection Authority has issued a new statement introducing a significant change in the interpretation of the law and in the required methods for obtaining consent to the collection and processing of personal data. While the dry wording of the law enabled reliance on tacit or tacit consent, the PPA now clarifies that explicit, informed and free consent must be prioritized.
March 2, 2025
Legal Assistance Between States Law: A Violation of Suspects' Rights?
Recently, in an effort to intensify the fight against international crime, the Knesset passed an amendment to the Legal Assistance Between States Law, 1998, which expands authorities' powers to confiscate assets located in Israel belonging to individuals against whom criminal proceedings have been opened in foreign countries. This amendment raises critical legal dilemmas and questions regarding the rights of suspects and third parties. Adv. Shir Rozenzweig, who specializes in regulatory enforcement and white-collar crime, addresses these issues and more.
March 1, 2025
Fintech Tel Aviv 2025 Annual Summit: Dr. Zvi Gabbay on Expert Panel
Dr. Zvi Gabbay, head of our firm's Regulation Department, has been invited to join an expert panel on "Best Practices for Fintech Implementation and Operations" at the Fintech Tel Aviv 2025 Annual Summit. Startups, investors, and companies are invited to this unique fintech event.
March 1, 2025
Advising Azrieli Group on Construction of Spiral Tower in Tel Aviv
Our firm is advising Azrieli Group on the development of the Spiral Tower, a building currently under construction and located east of Menachem Begin Road, in Tel Aviv’s northern business district. The group has obtained a permit to build a mixed-use skyscraper of up to 91 stories (approximately 350 meters tall), including a seven-level underground parking facility with about 1,150 spaces. The project allows for the construction of 148,000 square meters of commercial, hotel, and residential space. At the tower’s base, a 13,000-square-meter shopping mall is planned as an extension of the existing Azrieli Center Mall.
February 26, 2025
Indictment in Israel for Attempted Price Coordination via Media and Food Law Violations
The Israeli Competition Authority has filed a precedent-setting indictment against supermarket chains, including Victory and Yochananof, and against officers of the chains, for attempting to coordinate prices through statements in the media and for violations of the Food Law.
February 26, 2025
Israel Tax Authority Updates Guidelines on Investments Through SAFEs
The Israel Tax Authority (ITA) recently published updated guidelines, regarding tax aspects applying to investments in companies through SAFEs. Such guidelines were published following the previous guidelines published by the ITA during May 2023, and which expired at the end of 2024.
February 26, 2025
Adv. Hagit Ben Moshe Moderated Panel at National Conference of Renewable Energy 2025
Adv. Hagit Ben Moshe, partner and head of the firm's Kibbutz Sector Department, was invited to speak at the national conference on Renewable Energy Projects 2025 for kibbutzim and moshavim. The conference was held by the Training Center for Renewal, in collaboration with the Kibbutz Movement and the Moshav Movement. Hagit moderated a panel on the legal aspects of agreements with entrepreneurs in the energy sector.
February 24, 2025
Revitalizing Tourism in the Western Negev: First Hotel in Nir-Am
An ILS 80 million investment will fund the construction of a boutique luxury hotel in Nir-Am, on a 17-dunam plot, including a restaurant by renowned chef Eyal Shani. Advs. Hagit Ben Moshe and Netzer Bartfeld from our firm assisted the kibbutz in the transaction.
February 23, 2025
Dun's 100 - Real Estate and Urban Renewal Sector
The Dun's 100 Forum for Senior Legal Professionals in the Real Estate and Urban Renewal Sector convened to discuss the challenges and opportunities for 2025. Adv. Alon Abcasis, a partner and head of the firm's Residential Real Estate and Urban Renewal Department, addressed the impact of the Gaza war on the Israeli real estate industry in 2024 and what is next to come in 2025.
February 20, 2025
Another Success: Mediterranean Towers Ltd Group Completed Issuance of New Series of Bonds
Adv. Omri Oren, a partner in the firm's Finance and Public Corporations Department, along with Advs. Raz Landau and Batel Torangi, advised Mediterranean Towers Ltd Group on the issuance of a new series of bonds amounting to approximately ILS 200 million. The company received strong demand during the institutional offering phase, with demand reaching approximately ILS 684 million.
February 20, 2025
Interview on Channel 10: Trump's Decision to Revoke the International Law Against Bribery Worldwide
Adv. Dr. Zvi Gabbay, head of the firm's Regulation Department, was interviewed yesterday on Channel 10, Israel's business news channel, discussing President Trump's decision to revoke the enforcement of the law against bribery payments to foreign governments worldwide. He explained how this decision also affects Israeli companies in the market.
February 18, 2025
Podcast: Everything Businesses Need to Know About Competition Law
Adv. Irit Brodsky, a partner in our Competition and Antitrust Department, was a featured speaker on the Dun's 100 podcast, where she discussed key issues in competition law, including interactions with competitors, relationships with suppliers and customers, and essential considerations in MA transactions.
February 16, 2025
Risks and Opportunities in the Agricultural Land Market: Purchases, Risks, and Future Projections
Leading real estate companies are investing hundreds of millions of shekels in purchasing agricultural land in high-demand areas, hoping for a change in land use and the realization of enormous profit potential. Adv. Hagit Ben Moshe, a partner and head of the firm's Kibbutz Sector Department, explains in an interview the risks and opportunities involved in purchasing agricultural land, outlining the advantages of buying agricultural land, including the economic potential within this market, as well as the challenges in realizing the land's value and the risks of delays in the planning process.
February 12, 2025
AtoBe Accelerator Workshop for Young Entrepreneurs
As part of our collaboration with the AtoBe Accelerator at the Jerusalem College of Technology, which supports tech ventures, we hosted a workshop yesterday for young entrepreneurs. Adv. Yuval Lazi, head of the International Commercial Department, shared his expertise with the entrepreneurs in an engaging lecture. It’s a pleasure to be part of making dreams come true!
February 11, 2025
The Italian Mafia, Interpol and Unrecovered Billions: the Global Battle Over Organized Crime Money
In early January 2025, Interpol published its first Silver Notice seeking information about assets held worldwide by a senior member of the Italian mafia. The Silver Notice is the latest addition to Interpol’s suite of color-coded notices, the most well-known of which is the Red Notice seeking the arrest of wanted persons.
February 10, 2025
Court Ruling on SEC’s Crypto Regulation Approach: A Turning Point?
For years, the crypto industry has faced regulatory uncertainty, with the Securities and Exchange Commission (SEC) relying on “regulation by enforcement” rather than establishing specific rules for digital assets. Coinbase, one of the world’s largest crypto platforms, sought regulatory clarity—but found itself facing resistance from the SEC.
February 6, 2025
Recognition of Undocumented Construction Costs for Capital Gains Tax in Israel
The Israel Tax Authority (ITA) recently published an addendum to the 1987 circular with the goal of minimizing disputes with sellers of residential apartments.