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March 31, 2020

Jump TAU Jewish-Arab Accelerator Program Demo Day

Yuval Lazi participated today in the demo day of the Jump TAU Jewish-Arab Accelerator Program. In light of the coronavirus pandemic, the meeting took place online.

March 31, 2020

Zvi Gabbay Hosts Online Seminar for Israel Hedge Funds Association Members

Dr. Zvi Gabbay, together with Lior Segev, the co-founder and CEO of Liquant Asset Management, hosted today an online seminar for members of the Israel Hedge Funds Association on business continuity planning during the coronavirus.

March 30, 2020

The Offense of Bribery

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

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.

March 29, 2020

Coronavirus in Israel – Getting Your Business Seen as an Essential Service

Special coronavirus-related emergency regulations were promulgated in Israel on March 21, 2020, listing specific economic activities considered as essential that are allowed to operate with fewer limitations.

March 26, 2020

Protecting Privacy despite the Coronavirus

The global effort to fight the spread of coronavirus has prompted new privacy related questions around the world. Much has been written for and against the use of privacy-compromising measures to protect public health. Therefore, we have chosen to concentrate on the practical implications of privacy principles on companies and businesses.

March 26, 2020

Employment during an Emergency and Granting Benefits during Unpaid Leave

On March 22, 2020, and again on March 25, 2020, emergency regulations on limiting market activity and limiting the number of employees in the workplace were published.

March 25, 2020

Israel: Employment during an Emergency and Granting Benefits during Unpaid Leave

Several employment restrictions in light of the emergency regulations that were published in Israel and an update on giving retirement insurance and car use benefits during unpaid leave.

March 25, 2020

Israel Tax Authority Reliefs in Light of Coronavirus Pandemic

In light of the coronavirus pandemic affecting the economic market, the Israel Tax Authority has published several reliefs for taxpayers.

March 25, 2020

Cayman Islands Blacklisted by EU as a “Non-Cooperative Tax Jurisdiction”

The EU announced recently, following a meeting of its Economic and Financial Affairs Council (ECOFIN), that the Cayman Islands has been moved to Annex 1 of the list of “non-cooperative jurisdictions” for tax purposes.

March 24, 2020

Israel's Construction and Infrastructure Sector Recognized as an Essential Field

On March 22, 2020, emergency regulations were published in Israel on limiting market activity for the purposes of managing the spread of the coronavirus. The construction and infrastructure sectors were declared exempt.

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.

March 23, 2020

The Corona Effect: Q&A on Real Estate

 As experts in the real estate field, our firm was interviewed about Globes about the use of the force majeure clause in real estate contracts We noted, "The law does not have a uniform definition of what a force majeure event is and interpretation is made in accordance with previous rulings.”

March 22, 2020

Israel Land Authority Says Appeals Committee Decision Only to Be Considered Recommendation

Adv. Hagit Ben Moshe was interviewed by TheMarker following the Israel Land Authority’s declaration that the Appeals Committee’s decision will only be considered a  recommendation and not an obligation. Hagit commented that “this decision could have far-reaching impact.”

March 22, 2020

Israel: Engaging Employees on Overtime at an Unusual Scope

On March 18, 2020, the Israeli Ministry of Labor, Social Affairs and Social Services published new regulations permitting employers to engage overtime workers at a larger scope, significantly in excess of what has been permissible to date.

March 22, 2020

The Israeli Ministry of Environmental Protection Issues Guidelines for Permit and License Holders for Foreseeable Future

On March 18, 2020, the Israeli Ministry of Environmental Protection issued a set of guidelines for adjustments to businesses and factories with permits and licenses issued by it for toxin permits, emission permits, and business licenses with environmental conditions.

March 20, 2020

Podcast on Rights of Employees in Home Quarantine or on Unpaid Leave

A podcast featuring Adv. Lee Alter discusses the rights of employees in home quarantine or on unpaid leave due to the coronavirus pandemic

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.

March 18, 2020

Israel: Imposing Unpaid Leave on Employees Due to the Spread of Coronavirus - Updated

As a result of the economic downturn and in order to reduce expenses, one of the alternatives is imposing unpaid leave on employees.

March 17, 2020

The ISA Eases Obligations for Reporting Companies

The Israel Securities Authority revised its previous position and announced that in light of the exceptional circumstances, reporting corporations may submit their 2019 periodic reports until April 30, 2020.