JD Supra Israel

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Latest documents

• Bankruptcy, Insolvency & Rehabilitation Proceedings in Israel (UPDATED)

  KEY FACTS OF BANKRUPTCY, INSOLVENCY & REHABILITATION PROCEEDINGS UNDER ISRAELI LAW - The Insolvency and Rehabilitation Law-2018 (the "Law") was enacted on 2018 and came into force on September 15, 2019. The Law offers a comprehensive reform and provides Israel with modern insolvency legislation dealing with both corporate and individual insolvency.

• Establishing A Business Entity In Israel (Updated)

  While there are a few different forms of “corporate” entities in Israel, this guide will focus on companies and partnerships as these are the entities that the non-Israeli businessman is most likely to set up or invest in if they are inclined to penetrate the Israeli market directly (rather than by working through an agent, distributor, etc.). The end of the guide will take a very brief look at the other kinds of entities that exist in Israel. Please see full Chapter below for more information.

• Bankruptcy, Insolvency & Rehabilitation Proceedings in Israel (Updated)

  KEY FACTS OF BANKRUPTCY, INSOLVENCY & REHABILITATION PROCEEDINGS UNDER ISRAELI LAW - The Israeli Parliament (Knesset) passed a new statute regarding insolvency law, which is named the Insolvency and Rehabilitation Law- 2018 (the "Law"). The Law was enacted on March 5, 2018 and came into force on September 15, 2019. The Law offers a comprehensive reform and provides Israel with modern insolvency legislation dealing with both corporate and individual insolvency. Please see full Chapter below for more information.

• Establishing A Business Entity In Israel (Updated)

  While there are a few different forms of “corporate” entities in Israel, this guide will focus on companies and partnerships as these are the entities that the non-Israeli businessman is most likely to set up or invest in if they are inclined to penetrate the Israeli market directly (rather than by working through an agent, distributor, etc.). The end of the guide will take a very brief look at the other kinds of entities that exist in Israel... Types of Business Entities - Companies - Israeli companies generally limit the liability of the shareholders for the debts and obligations of the company. The precise form of the limitation of liability is set out in the company’s articles of association. Normally, liability is limited to the subscription price of the shares held by the shareholders. It is possible for an Israeli company to decide not to limit the liability of its shareholders, but this is very rare and will not be considered further. There are private companies, which are companies whose shares cannot be publicly traded and public companies whose shares may be publicly traded on recognized stock exchanges, subject to applicable securities laws. The organs of an Israeli company are the general meeting of its shareholders and the board of directors. The most significant document of corporate governance for Israeli companies is the articles of association. Israeli companies formed after 1999 do not have a memorandum of association. Please see full Chapter below for more information.

• Employers: Coronavirus Restrictions Have Expired

  On June 1, 2021, the regulations that guided the conduct of workplaces during the coronavirus crisis expired. Accordingly, from this day forward, there is no longer a requirement to operate in accordance with the green tag or purple tag directives in the workplace. At this stage, holding gatherings, professional trainings, and group meals at the…

• Rules and Conditions for SPAC Issuances in Israel

  Over the past year, raising capital through SPACs (special purpose acquisition companies) has become a hot trend on Wall Street. A SPAC is a company with no business operations formed solely to raise capital through an IPO for the purpose of acquiring an existing business. While only one SPAC launched an IPO in 2009, a…

• How Much Is Your Invention Worth or How Much Should You Pay to License Inventions?

  Licensing agreements are the cornerstones of technology companies based on intellectual property. A licensing agreement is a legal contract between two parties, known as the licensor and the licensee. The licensor provides the licensee a right to use and a limited license, while the licensee accepts a series of conditions related to use of…

• Five Key Points on Capital Raising for Hedge Funds

  The cornerstone of a successful hedge fund is a successful investment strategy. That is self-evident. However, if the managers of the potential hedge fund are not successful in raising capital, this potential will never be tested or realized. We list below the five key points we believe hedge fund managers should take into account when…

• International Commercial Arbitration Bill

  The commercial business world is a global one, and so are the disputes that arise within it. Such disputes are adjudicated in courts in various countries or in arbitration proceedings, with each procedure regulated under relevant domestic legislation. (For example, the Israeli Arbitration Law regulates Israeli arbitration proceedings.)

• Prenuptial Agreements - New Israeli Supreme Court Ruling

  Up until now, the Israel Tax Authority interpreted the Real Estate Taxation Law so that spouses who signed a prenuptial agreement and maintained separate property were considered a single family unit for the purposes of real estate tax. Furthermore, it imposed on such a couple the burden of proving it was maintaining separate property. The Israeli Supreme Court’s latest ruling in this regard attempts to adapt the law to reality and is not sparing in its criticism of the ITA’s…

Featured documents

• Bankruptcy, Insolvency & Rehabilitation Proceedings in Israel (UPDATED)

  KEY FACTS OF BANKRUPTCY, INSOLVENCY & REHABILITATION PROCEEDINGS UNDER ISRAELI LAW - The Insolvency and Rehabilitation Law-2018 (the "Law") was enacted on 2018 and came into force on September 15, 2019. The Law offers a comprehensive reform and provides Israel with modern insolvency legislation...

• Trends in Legal Terms in Venture Financings in Israel 2013

  Background — We have analyzed the terms of venture financings for Israeli and Israeli-related technology companies that reported raising money during 2013. Our survey does not include financing rounds of less than US $500,000. The tables below also show, for purposes of comparison, the results of...

• Global Employee Equity at a glance: Israel

  Stock Option Plans: Employment - Labor Concerns - There is a risk of employees claiming that they are entitled to compensation for loss of rights under the Plan where the Plan is amended or discontinued or where their employment is terminated....

• Innovation drives dealmaking: Outlook for M&A in Israel - Investors continue to flock to Israel, as innovation and technological advancements create fertile ground for M&A

  Dubbed the "startup nation," Israel is an epicenter of innovation. It boasts more venture capital firms and startups on a per capita basis than any other country in the world. In tech terms, it is second only to Silicon Valley. Much of this is borne of necessity, with a large portion of...

• Outlook for M&A in Israel: Momentum builds on record-breaking 2017: Dominance of inbound deals expected to increase

  HEADLINES - 43 percent of respondents believe overseas PE firms will be some of the most active participants in the M&A market - 33 percent expect foreign public companies to become more active - China withdrew from Israel's M&A scene in 2017, accounting for just one of the year's top-2...

• Israel’s Largest Bank Sues Morgan Stanley for $281 Million

  On August 29, 2012, Bank Hapoalim B.M. filed a summons with notice for a case against Morgan Stanley and related entities in the Supreme Court of New York for allegedly making knowing misrepresentations and omissions in offering materials concerning the loans pooled into $140 million worth of RMBS...

• Israeli Cyber Security Deals Double from Q4/2017 in $1.52 Billion First Quarter for High-Tech Companies

  Key facts: - $1.52 billion was raised in 181 deals—an increase in the number of deals and the total sum - A rounds captured a third of the total amount raised - Capital raising by companies in R&D stage leapt 60%, raising $451 million compared to the quarterly averages in 2017 - Cyber...

• The Schrems Saga Continues: Israeli Law, Information and Technology Authority Revokes Transfer Authorizations

  Citing the European Court of Justice’s (ECJ) October 6, 2015 decision in Schrems v. Data Protection Commissioner, which invalidated the EU Commission’s Safe Harbor decision, the Israeli Law, Information and Technology Authority (ILITA) announced, on October 19, 2015, that it was revoking its prior...

• Countries at a Glance: Israel - Employee Stock Purchase Plans

  Employee Stock Purchase Plans - Labor Concerns - A claim for breach of contract could arise where a Plan is amended or discontinued. It is recommended that Plan provisions are drafted so as to preclude temporary employees and independent contractors from claiming entitlements under the...

• Israeli Regulators to Decide Regulatory Fate of ICOs in December

  On August 30, 2017, the Israeli equivalent of the U.S. Securities and Exchange Commission, the Israeli Security Authority (“ISA”) announced it had formed a committee to study whether, and how, to apply Israeli securities laws to initial coin offerings (“ICOs”). Specifically, the ISA stated it would ...