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

Latest documents

  • Israel Securities Authority: Tokens may be classified as securities

    The Israel Securities Authority recently established guidelines on when a cryptographic currency (token) is considered a security. The ISA determined that Kirobo tokens meet the definition of a security. This is primarily because the The Israel Securities believes investors would intend to purchase the tokens for financial purposes. In addition, these investors would anticipate their…

  • New Supreme Court Ruling Considers Municipal Property Taxes for Common Areas in Malls and Shopping Centers

    The Tel Aviv Municipality sent the Ramat Aviv Mall a municipal property tax bill for its common areas. The mall’s management argued that shop tenants must pay municipal property tax payments for these areas, under their lease agreements with the mall. Conversely, the municipality’s property tax administrator argued that shop tenants must pay only for rented…

  • Collecting Employee Information? It's Time to Wake Up

    Employers collect data about their employees. It starts with employees’ salary data, resumes, and work hours. It continues with fingerprints and images from security cameras, followed by employee meals and business trip information. Employers also collect medical information, personal messages on company phones, and location data of the company car for private trips. It goes…

  • Israel Competition Authority Increases Enforcement against Exclusivity Arrangements

    On December 30, 2020, the Israel Competition Authority (ICA) notified SOS, a company in the field of fueling services, it was imposing a financial sanction of NIS 6.3 million on the company. In addition, it imposed a financial sanction of NIS 350,000 on an executive officer in the company.

  • Prepare Your Workplace for Lockdown Number Three (and a Half)

    Israel entered another general lockdown, which began at midnight (January 8, 2021) and will continue until January 21, 2021. For your convenience, we have summarized the main guidelines concerning workplace activity during lockdown. The final and binding version of the regulations regarding workplace activity during lockdown have yet to be published. Therefore, the following guidelines…

  • Relief from Insurance Requirements for Portfolio Managers and Investment Advisors

    The Israel Securities Authority (ISA) has announced that, temporarily, it will not initiate or recommend taking enforcement measures against corporations licensed in portfolio management, investment advising, and investment marketing that have not fulfilled professional liability insurance requirements.

  • Epidemiological Investigations and Privacy Protection | Barnea

    Israel’s Privacy Protection Authority published its guidelines and emphases for protecting the privacy of individuals when conducting COVID-19 epidemiological investigations in workplaces. In light of the complexity of the issues relating to protection of employees’ privacy, specific guidelines for conducting epidemiological investigations in workplaces were defined...

  • Update on Service Users’ Obligation to Hold Hearings for Service Providers’ Employees

    Last July, the National Labor Court issued an important ruling on a service user’s obligation to take part in the termination and hearing process for contract workers employed on site.   According to that ruling, the extent of the service user’s participation in the hearing depends on the circumstances. Accordingly, in our previous update, we…

  • An Act of Deterrence against a Polluting Plant - Gadiv

    The Ministry of Environmental Protection imposed a financial sanction of NIS 634,000 on Gadiv Petrochemical Industries of the Bazan Group, following the company’s violation of the terms of an emission permit.

  • Contracts in Israel: Doing Business in Israel

    Law has a major role in Israeli business. Israelis feel their freedom to act is determined by what is allowed under law, and this includes what has been agreed to in a binding agreement. Therefore, legal contracts form the basis of the Israeli business environment. The existence or absence of a binding agreement is the…

Featured documents

  • Trends in Legal Terms in Venture Financings in Israel (First Half of 2012)

    Background – We have analyzed the terms of venture financings for Israeli and Israeli-related technology companies that reported raising money during the first half of 2012. Our survey does not include financing rounds of less than US $500,000. The tables below also show, for purposes of comparison,...

  • Structuring Challenges in Leveraged Buyouts in Israel

    How foreign private equity sponsors and their lenders are finding solutions to local law structuring issues - 

 

 Leveraged finance acquisitions have existed in the Israeli market for many years. However, for a variety of reasons, the financings of these transactions have faced...

  • Outlook for M&A in Israel: Momentum builds on record-breaking 2017: M&A Overview: Israel dealmaking sets new records

    HEADLINES 
 
 - Israel hit new heights for overall value and volume in 2017
 
 - Compared to 2016, the previous record year, value rose 33 percent to US$25.7 billion, and volume rose nine percent to 109 deals
 
 - Q1 deal value rose to US$4.3 billion, almost twice the value...

  • Advertising Message or Informational Content? - How Israeli Courts Interpret the “Spam Law”

    More and more people have begun filing claims on the grounds of violations of the “Spam Law.” Israeli courts, for their part, are conveying an encouraging message to consumers in their latest rulings: they are awarding significant compensation and are certifying class actions against advertising...

  • 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...

  • Addressing 'Deep Fake' Scans Is Critical Amid Tech Advances

    Report on Patient Privacy Volume 19, Number 11. November 2019 - “Deep fake” radiology scans - with altered results falsely showing either fake cancerous nodes or a clear scan where the patient actually has cancer - are poised to spread, Israeli researchers warn, and health care entities need to...

  • Israel’s Privacy Protections and Data Security for Telecommuting due to Coronavirus Spread

    In light of the coronavirus pandemic and the constantly developing guidelines from the Ministry of Health, many companies are moving to telecommuting and working from home. This is a solution that supports business continuity even at this time of uncertainty. However, alongside the clear advantages,...

  • How to Arrange the Inheritances of Agricultural Farms

    Many landowners in agricultural communities (moshavim) find themselves wondering about the future of the family farm once they have passed. Questions such as how can the estate be bequeathed, to whom, and what the parties who are not gifted the farm might receive arise frequently in such cases....

  • Using Open Source in Your Business? Beware the Fine Print

    The use of open source software is very common among developers. The concept behind open source is to allow access to many developers and promote collaboration between them.   A recent example is the website for the European Union’s Digital Response to COVID-19, which provides the public access to...

  • An Urban Renewal Project Agreement Is Not Transferrable

    In urban renewal projects, residents or owner’s rights holders select the company with whom they are willing to embark upon this long journey, based on relationship of trust and competence. The trust required leads both parties to execute a binding agreement. Understandably, residents expect the...