• JD Supra Israel

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

Latest documents

  • Israel: Engaging Employees on Overtime at an Unusual Scope

    The Ministry of Health’s recent guidelines have created, inter alia, uncertainty and instability in the labor market. Organizations are dealing with a shortage of manpower, either because of the quarantine obligation or in light of new guidelines limiting the number of employees in workplaces.

  • Taking Testimony in Israel for Criminal Trials in the United States

    Recently, United States federal courts have been more frequently approving the extra-territorial collection of testimony for use in criminal trials to be held in the United States. While the collection of such testimony for civil proceedings held in US courts is already commonplace, until now it has been a very rare occurrence in criminal proceedings.

  • 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, this form of employment also poses risks in terms of…

  • Israel: Imposing Unpaid Leave on Employees Due to the Spread of Coronavirus

    Because of the coronavirus, many employers have been forced to consider minimizing expenses. The following 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.

  • Protect Your Business by Learning How to Handle Data

    We are living in the age of data and big data, where everyone wants to collect as much information as possible. The ability to analyze and monetize such information is a key strategy and selling point for many businesses.
 
 However, this desire often collides with individuals’ right to privacy and the tremendous effects data leaks may have on them.
 
 As a reaction to the use, misuse, and monetization of personal information, there is growing awareness of the individuals of their rights and growing motivation of regulators to provide individuals with tools to enforce their rights and deal with infringements.
 
 The increase in privacy regulation around the globe, combined with the central role data and personal information play for a business, makes privacy regulation something that cannot be ignored.
 
 In an attempt to assist businesses in addressing the privacy challenges they face, we prepared a short guide on the key principles of handling data.
 
 Please see full Guide below for more information.

  • Hedged Mutual Funds

    As part of the Israel Securities Authority’s (ISA) move to make investing in hedge funds more accessible to the public and to develop mechanisms for their oversight, the ISA published in February 2020 a document for public comment. It details the core characteristics of two new financial products – an alternative mutual fund of the hedge fund type and hedged mutual fund of funds.

  • News from Abroad: Israel PTO Proposes to Stop Rejecting Divisional Applications for "Overlap" with Parent Cases

    Many patent practitioners will never have need to file a patent application in Israel, a country of nine million people that's geographically smaller than New Jersey.  But if you're one of those practitioners who does file in Israel from time to time -- and I suspect that readers of Patent Docs file in Israel at a higher rate than the general practitioner population -- you'll be pleased to know that the Israel PTO (ILPTO) recently proposed a change in patent examination practice that portends relief for beleaguered applicants:  the ILPTO plans to tighten the criteria for rejecting claims of an applicant's application for "overlap" with the claims of another of the applicant's applications (or granted patents).  The upshot will be that the ILPTO will no longer make such rejections in the case of divisional applications on the basis of the claims of an ancestor application.

  • Investment Management 2.0 – Internet Platform for Investment Management

    Last week the Israel Securities Authority published a directive on “Investment Management 2.0”.    Investment Management 2.0 is effectively a service model for internet investment management operated through investment in mutual funds. Through this service, companies that hold an investment management license and that market investments may offer their clients investment management and marketing services…

  • New Standards in Cyber Protection for Companies in the Government, Infrastructure, and Finance Sectors

    The Governmental Cyber Security Unit has published a new directive according to which material service providers to government, infrastructure, and finance bodies will be required to adopt a common and unified standard for cyber protection, with the goal of improving the security of the State’s essential IT and infrastructure systems. This directive expands the existing instructions of various regulators, such as the Supervisor of Bank and the Supervisor of Capital Market, Insurance and Savings, regarding the cyber security requirements for the supervised entities’ entry into contractual agreements with third party service providers.

  • Amending Protocol to Israel-UK Tax Treaty to Take Effect in Early January 2020

    An amending protocol to the 1962 Israel-UK tax treaty is effective as of January 1, 2020.
 
 The protocol includes a long list of significant and fundamental amendments and updates to the treaty, among them...

Featured documents

  • Trends in Legal Terms in Venture Financings in Israel - First Half 2014

    Background — We have analyzed the terms of venture financings for Israeli and Israeli-related technology companies that reported raising money during H1 2014. Our survey does not include financing rounds of less than US $500,000. The tables below also show, for purposes of comparison, the results...

  • Trends in Legal Terms in Venture Financings in Israel - Full Year 2016

    Background — We have analyzed the terms of venture financings for Israeli and Israeli-related technology companies that reported raising money during the year 2016. Our survey does not include financing rounds of less than US $500,000. The tables below also show, for purposes of comparison, the...

  • Managing the Risks of Cross-Border Investigations for Israeli Businesses

    Enforcement Efforts Are Increasingly International -
 
 White collar investigations and prosecutions, notably those initiated by American authorities, have become increasingly international, reaching far beyond the borders of the United States. The U.S. Department of Justice (“DOJ”) has...

  • The Difference between a Distributor and an Agent in the Law's Eyes

    Do you sell, market, or distribute someone else’s goods in Israel? Your role, whether as a distributor or as an agent, affects the rights you are entitled to by law.
 
 If you act as a commercial agent and not as a distributor, the statutory provisions that protect commercial agents upon...

  • 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...

  • Latest Developments in the Israeli Payments Market

    The Bank of Israel recently led several important developments in the Israeli payments market. These developments are designed to encourage competition in the payment services market and to advance the implementation of innovative technologies....

  • Construction Opportunities for American Prime Contractors in Israel

    My partner, Ed DeLisle, and I recently attended two Industry Days sponsored by the Army Corps of Engineers (“USACE”). The first one was held in New York City on October 20th, and the second one was held in Tel Aviv on November 5, 2014....

  • 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...

  • 2018 Global Employee Equity at a glance: Israel

    Welcome to the Israel page of our Global Employee Equity at a glance series.
 
 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 ...

  • Amendments to the Encouragement of Capital Investments Law

    Much has been written about regulation’s difficulty with keeping up and meeting the technological changes of the modern world. Globalization and quick, frequent changes create “holes” that are difficult for the legislature to fill in time. This is true not only for legislation that aims to adapt to ...