Latest Updates

December 5, 2023

Operation Swords of Iron: Contending with a Cyberattack

Israel’s government has drafted new regulations in the wake of Operation Swords of Iron, due to the increase in the scope and quality of cyberattacks against civilian entities.

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December 5, 2023

Dr. Zvi Gabbay Recognized as Leading Blockchain Lawyer

Zvi is among an exclusive list of lawyers nominated for the Lexology 2024 Client Choice Awards. Zvi is the only Israeli lawyer recognized in the Blockchain field.

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December 5, 2023

Gal Rozent Ranked as Leading Competition Lawyer

Who’s Who Legal has ranked Gal Rozent in its exclusive list of leading lawyers in Israel in the Competition Antitrust field for the year 2024.

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December 5, 2023

Barnea: Webinar on Employment during the Israel-Hamas War

We hosted a webinar in collaboration with the Israeli Association of Publicly Traded Companies. During the webinar, Lior Girshevitz, from our Employment Department, lectured on the Law for Protection of Workers in Times of Emergency.

December 5, 2023

Advising Summa Technologies on Obtaining Financial Services License

We guided Summa Technologies, which operates in the field of open banking, in obtaining a financial information services license from the Israel Securities Authority. Summa is the seventh company in Israel to receive this license. Anat Even-Chen, Elad Reshtick, and Ori Rodriguez represented the client in this matter.

December 4, 2023

Stock Market Investors Knew of Hamas’s Attack in Advance and Profited – Interview with Dr. Zvi Gabbay

Mako interviewed Dr. Zvi Gabbay, the head of our firm’s Capital Markets Department, after a US study revealed an unusual volume of transactions on the New York and Tel Aviv stock exchanges gambling on the collapse of the Israeli stock market a week before Hamas’s October 7th attack.

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December 4, 2023

Making Aliyah or Returning to Israel – Maariv Interview with Liat Keisary and Amos E. Rosenzweig

One of the ramifications of the Israel-Hamas war is the growing interest of diaspora Jews and expat Israelis in immigrating to Israel. In Maariv’s article on the topic, Liat Keisary explains that most new immigrants are coming from countries such as the United States, England, and Australia, driving an increase in demand for the purchase of real estate properties in Israel. In addition, Amos E. Rosenzweig answers questions on the rights of returning residents and new immigrants to Israel.

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December 3, 2023

Rights of New Immigrants (Olim) and Returning Israeli Residents

A large number of expat Israelis and diaspora Jews are considering returning or making Aliyah to Israel in the wake of the Israel-Hamas war. These two groups are entitled to a basket of absorption and social security benefits from the Ministry of Immigrant Absorption, the National Insurance Institute, the Israel Tax Authority, and other authorities. It is important for would-be immigrants to be aware of these benefits and to include them in their considerations.

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November 29, 2023

Israeli Court Criticizes the Israel Police over its Use of AI Tools

A man who entered Israel with drugs in his possession sought to expose the Israel Police’s use of AI tools that resulted in his inclusion in a list of suspected drug couriers. The court’s criticism of the police’s tactics clarifies that even if the AI system leads to correct identification or to accurate decisions, its mechanisms must be transparent, explainable and auditable.

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November 23, 2023

Barnea: Webinar on Taxes and National Insurance

Our firm hosted a webinar in collaboration with the Israel Hedge Funds Association on the social security aspects of Operation Swords of Iron. As part of the webinar, Amos E. Rosenzweig discussed the financial grants designated for reservists, hostages’ families, and employees placed on unpaid leave. He also answered questions about the issues facing employers at this time.

November 23, 2023

Barnea: Webinar on the Work of Compliance Officers during Wartime

Our firm hosted a webinar in collaboration with the Association of Corporate Counsel in Israel on the issue of compliance during wartime. As part of the webinar, Dr. Zvi Gabbay, head of our firm’s Capital Markets Department, emphasized the compliance actions required during wartime by offering comparisons to other recent global war zones.

November 20, 2023

Swords of Iron: Compensation Outline for Businesses Law

After lengthy discussions, the Knesset approved a wartime compensation outline for businesses. The outline offers compensation of up to a maximum of ILS 1.2 million to businesses with annual turnovers ranging between ILS 12,000 and ILS 400 million.

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November 19, 2023

Israeli Private Companies and Prospectus Obligations

For Israeli private companies aiming to secure investments, it is crucial to have a solid understanding of the obligations set forth by the Israeli Securities Law. Chief among these is the prohibition on conducting public offerings of securities without a proper prospectus, which, if violated, could lead to legal scrutiny.

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November 16, 2023

Swords of Iron: Unemployment Benefits and Unpaid Leave

The legislative process has ended and prescribes a series of reliefs and expansions in order to provide a solution for a relatively wide spectrum of employees sent home on unpaid leave as a result of the war. The law applies, inter alia, to pregnant women and women on maternity leave, employees with disabilities and employees over the age of 67.

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November 16, 2023

SEC Signals Intent to Regulate NFTs

The SEC is taking a regulation by enforcement stance toward NFTs and is creating legal uncertainty in the field. Will the Israel Securities Authority follow suit?

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November 14, 2023

Netta Bromberg Participated in Dun’s 100 Conference for Senior Legal Officials

Yesterday, Dun’s 100 hosted a conference for senior legal officials in the employment field to discuss the repercussions of Operation Swords of Iron on the Israeli labor market. Netta Bromberg, the head of our firm’s Employment Department, noted during the discussion that “on October 7, we woke up to a legal vacuum in the field of labor relations. We need to solve this large legal vacuum with common sense and good will. This should be reflected in how businesses handle employee statements, layoffs and downsizing, unpaid leave, and more.”

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November 14, 2023

Webinar: Labor Relations during a State of Emergency

Our firm hosted a webinar in collaboration with the Tel Aviv Central Israel Chamber of Conference. Netta Bromberg, the head of our firm’s Employment Department, lectured on the duties and rights of both employers and employees during wartime.

November 12, 2023

Operation Swords of Iron: Rise in Diaspora Jews Purchasing Real Estate in Israel

Recently, and against the backdrop of the ongoing Israel-Hamas war, there has been an increasing number of diaspora Jews purchasing apartments and properties in Israel. Along with other experts in the field, Liat Keisary, the head of our firm’s Private Clients Department, was interviewed by Ynet for an article on the subject. Liat explained that this trend, along with the weakening of the shekel, is expected to lead to a sharp increase in the purchase of luxury properties in Israel.

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November 6, 2023

Compensation to Employers for Evacuated Employees’ Wages

Employers may claim compensation for wages paid to employees unable to report for work because of evacuation from one of the border communities specified in government decisions.

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November 5, 2023

UK Increases Child Safety Online

The new UK Online Safety Act is part of a wave of European legislation seeking to protect children from online age-inappropriate content, exploitation, and other online dangers.

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