Client updates /  Coronavirus

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.

What happens if a contractor’s workers do not come to work due to the spread of the coronavirus, and therefore cause delays in the delivery ? Will the buyer be entitled to compensation or will the delay be justifiable?

The Israeli National Cyber Security Authority published recommendations for business and organizations related to privacy protections and data security for telecommuting due to coronavirus spread.

Because of the coronavirus, many employers have been forced to consider minimizing expenses. In Israel several alternatives are being explored: reducing the scope of employment, lowering salaries, utilizing any available leave days, imposing unpaid leave on employees, reducing manpower, and conducting layoffs.

The Director-General of the Israeli Ministry of Health published a directive on February 4, which states that an employee, volunteer, or service provider who is required to be quarantined under the home quarantine directive shall not be required to arrive at the workplace and shall not be granted entry even if he or she were to request this.