• JD Supra Israel

Publisher:
JD Supra
Publication date:
2019-04-29

Latest documents

  • The High Court of Justice's Policy on Workplace Sexual Harassment in Israel

    The National Israeli Labor Court is an independent tribunal and thus only rarely does the High Court of Justice (HCJ) intervene in its decisions. Recently, in an unusual move, the HCJ twice reversed the rulings of the National Labor Court. In both cases as part of its policy to eliminate the phenomenon of workplace sexual harassment.

  • Entities with Relatively Small Market Shares May Also Be Deemed Monopolies

    Six months after the amendment to the Economic Competition Law took effect, the Competition Authority published its position regarding the circumstances in which even an entity with less than a 50% market share may be deemed a “monopoly holder.”

  • Israel’s M&A market set for continued growth

    Year after year, Israel’s M&A market continues to flourish, setting new records for value in every year since 2016. In 2018 the country set a new record, logging over USD25 billion over 100 deals.

  • New Restrictions on Hedge Funds in Israel

    The Israel Securities Authority recently published a staff position that has material implications on the hedge fund sector in Israel and on the investor public.
 
 This position was issued against the backdrop of a judgment handed down by the Tel Aviv District Court in the Integral Fund case – a hedge fund that caused heavy losses to the hundreds of investors who invested in it. In this case, the court ruled that the provisions of the Joint Investment Trust Law apply to the fund and therefore Integral Fund breached the regulatory obligations that apply to it.

  • Dramatic Decision on the Taxation of Trusts in Israel

    The Tel Aviv District Court handed down a decision a few days ago rejecting the Israel Tax Authority’s (ITA) position on the conveyance of real estate properties to trusts. This decision dramatically changes the taxation of trusts in Israel.

  • Payment Apps Will Enter Small Businesses

    Bank of Israel published a position paper with respect to the activity of banks’ payment apps (Pepper by Bank Leumi, Bit by Bank Poalim, and Paybox by Discount Bank) in the B2C market. The position paper is the conclusion of a long battle waged by credit card companies against the banks.

  • Software Companies No Longer Subject to Expansion Orders in the Field of Industry?

    The question of categorizing high-tech companies as software industry companies arises in many due diligence inquiries. The operative meaning of this categorization suggests that the application of transaction terms set in expansion orders for various industries is applicable to high-tech companies as well. It also concerns the duty of such companies to pay organizational management fees to the Manufacturers’ Association of Israel.

  • Raising Early Stage Financing for Your Start-Up? The Do’s and Don’ts You Must Know

    Raising financing is tricky, stressful and for many involves navigating uncharted waters. It is an art and an important skill to master to ensure the future of your start-up. Whether your first investment comes when you simply have an idea scrawled on the back of a napkin, or once you already have a POC or product – the odds are that you will not have the experience to negotiate on equal grounds with sophisticated investors. Yet, many founders approach these first negotiations unprepared and unaware of the impact of their decisions. I want to equip you (the founder) with some requisite knowledge, to help you sidestep certain unhealthy choices.

  • Canceling Expropriation for Public Use – When?

    In a recent judgement by the Supreme Court, the circumstances under which a court may intervene and cancel an action for expropriation were considered.

  • Precedential Court Ruling on Options Plans for Employees

    Several days ago, a precedential judgment was handed down (AA 55937-01-17, Shohat v. The State of Israel) on option plans for employees in respect of section 102 of the Income Tax Ordinance.
 
 Although the judgment considers several issues, we wish to focus on the significant new precedent set.
 
 The relevant facts for our purposes are as follows...

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