Client updates /  Corporation

The Israel Securities Authority (ISA) recently published audit reports scrutinizing the activities of various investment ventures and corporations that raised funds from the public without publishing a prospectus. The reports revealed a series of failures.

The Israeli Corporations Authority in the Ministry of Justice recently announced a significant expansion of its company extract service. This development marks an important change in the corporate landscape, substantially improving access to and transparency of comprehensive and material information regarding companies registered in Israel.

The US government has recorded another big win in the battle that US law enforcement agencies have been waging for years against Google.

Companies that did not report their digital address to the Registrar of Companies as part of their 2023 annual reports must report them in the 2024 reports. If they fail to do so, they may face fines and sanctions.

The recent preference shown by the administrators of the insolvent ISBECO company toward the purchase offer from Hacarem Spirit indicates that, despite economic logic suggesting otherwise, the highest monetary offer will not always be the winning bid in the process.

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.