Barnea Jaffa Lande & Co.

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58 HaRakevet St.
Electra City Tower
Tel Aviv, 6777016 Israel
Phone: 972-3-6400600
Fax: 972-3-6400650
Areas Of Practice
  • Administrative Law
  • Alternative Dispute Resolution (ADR)
  • Antitrust & Trade Regulation
  • Class Action
  • Commercial Law & Contracts
  • Communications & Media Law
  • Energy & Utilities
  • Environmental Law
  • Finance & Banking
  • Intellectual Property
  • International Law & Trade
  • Labor & Employment Law
  • Litigation
  • Mergers & Acquisitions
  • Privacy
  • Real Estate
  • Science, Computers, & Tech
  • Securities Law
  • Taxation
  • Transportation
  • Wills, Trusts, & Estate Planning
  • Zoning, Planning & Land Use
See more
Number of Attorneys
100+ Attorneys

Much More than 66% – Must-Know Changes in the Urban Renewal Field

After years of expectations, the government has approved the legislative amendments needed to promote “Urban Renewal” projects in Israel. While everyone is talking about the amendment lowering the threshold of consent for…more

Affordable Housing, Amended Legislation, Apartments, Condominiums, Housing Developers

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Simulated Contracts and Concealed Agreements

In a new ruling addressing the legal validity of simulated contracts and the agreements concealed behind them, the Israeli Supreme Court significantly weakens the standing and legal validity of these contracts, while making it…more

Commercial Real Estate Contracts, Contract Terms, Israel, Purchase Agreement, Real Estate Transactions

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Israeli Private Companies and Prospectus Obligations

A considerable number of Israeli private companies raise funds and approach prospective investors without a comprehensive understanding of the regulatory obligations mandated by the Securities Law. A pivotal provision in this…more

Capital Raising, Corporate Governance, Crowdfunding, Investors, Israel

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Tax Aspects of Cryptocurrency-Based Compensation to Employees

Share-based compensation is the most popular reward method among employees and service providers in many industries today, especially the high-tech industry. From the grantee’s point of view, the receipt of options enables a…more

Compensation, Cryptocurrency, Equity Compensation, Exercise of an Option, Incentive Stock Options

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Infrastructure Projects in Israel

Tel Aviv may be all dug up, and the sidewalks gone, but there is a light at the end of the tunnel – at least at the end of the tunnel between Lincoln Street and Yitzhak Sadeh Street. It isn’t only Tel Aviv that’s dug up. Work on…more

Construction Contracts, Construction Project, Contract Terms, Federal Contractors, Federal Procurement Systems

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The Profit Test for Dividend Distribution – Israeli Court Ruling

The Israeli Companies Law provides for two tests a company’s board of directors must perform to approve a resolution to distribute dividends. The first test is the “profit test” and the second is the “solvency test.”…more

Board of Directors, Companies Law, Corporate Governance, Dividends, Fiduciary Duty

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Doing Business in Israel through Agents and Distributors

Most international companies prefer operating in Israel through domestic business partners, rather than setting up their own local operation. Such local partners – distributors or agents – assume all or a portion of the local…more

Agents, Antitrust Provisions, Commercial Contracts, Competition, Contract Terms

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Supreme Court Dismisses Nespresso Suit against Espresso Club

The Supreme Court recently dismissed an appeal by Nestlé, the Swiss multinational food and drink processing conglomerate, and its subsidiary corporation Nespresso, filed against our client, the Israeli company Expresso Club. The…more

Advertising, Appeals, Copyright, Copyright Infringement, Dismissals

See all updates »

Five Things You Didn’t Know about Impact Investing

In the last decade, impact investments have become an international trend to address global challenges in the areas of environment, welfare, health, employment, and education.   In light of the development of the impact…more

B Corporation, Corporate Governance, Corporate Social Responsibility, Environmental Social & Governance (ESG), Investment Funds

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From Agricultural Lands to Business Projects: How to Overcome Challenges along the Way

Over the last decade, agricultural communities in Israel have become increasingly attractive. They are attractive for investors looking to invest in existing industries, as well as for entrepreneurs seeking to establish business…more

Agribusiness, Agricultural Land, Commercial Use, Economic Development, Farms

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Critical Considerations before Drawing up a Founders’ Agreement

When a group forms to establish a joint venture, the first legal document they should draft is a founders’ agreement. The purpose of this agreement is to define the conditions under which the entrepreneurs will establish a…more

Contract Negotiations, Contract Terms, Early Stage Companies, Entrepreneurs, Israel

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Arbitration Clauses in International Agreements – Do’s and Don’ts

Contractual engagements inevitably beget legal disputes. Even the best agreement is no guarantee the engagement will succeed. Accordingly, one of the most important provisions in any commercial agreement is the provision that…more

Arbitration, Arbitration Agreements, Arbitration Awards, Breach of Contract, Contract Drafting

See all updates »

Schweppes Case Ruling: When Is Parallel Importing Legitimate?

In the recent ruling handed down by the Israeli Supreme Court in Jafora Tabori Ltd. v. Ben Shlush Import and Export Ltd., the justices deliberated the tension between the legitimacy of the practice of parallel importing and…more

Importers, Imports, Israel, Marketing, Supreme Court of Israel

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Monopoly: Meta to Pay ILS 25 Million for Failing to Report Mergers

A few days ago, the Israel Competition Authority’s Director General announced she had reached an agreement with Meta Platforms Inc. (owner of Facebook and Instagram). Under the agreement, Meta undertook to pay the State treasury…more

Acquisitions, Antitrust Violations, Competition Authorities, Corporate Fines, Facebook

See all updates »

Imputed Value on Usage of Company Car as Income during Swords of Iron War

At the beginning of November 2023, the Israel Tax Authority published special instructions granting concessions to employees issued a company car who were subsequently called up for emergency reserve duty under an Order 8 or…more

Company Cars, Israel, Military Conflict, Military Service Members, Relief Measures

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Risk to Israeli Entities Posed by International Sanctions – What Is the Exposure and What Are the Dangers?

The executive order signed by United States President Joseph Biden in February 2024 states that the violence being committed by Israeli settlers has reached intolerable levels; poses a serious threat to peace, security, and…more

Banks, Biden Administration, Canada, Compliance, Economic Sanctions

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Advantage to Israeli Banks When Self-Exercising a Deposited Pledge

A deposited pledge is an arrangement enabling lenders to receive efficient, inexpensive, and readily available collateral from borrowers to secure credit. However, the current legislative arrangement in Israel differentiates…more

Banking Sector, Banks, Collateral, Foreign Banks, Insolvency

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State Must Create a Temporary Framework for Insolvency Procedures in Light of COVID-19

The coronavirus pandemic has wreaked extensive economic havoc on the activities of many businesses and households in Israel. According to data from the Commissioner of Insolvency Proceedings, 2020 brought a rise of about 41% in…more

Coronavirus/COVID-19, Financial Distress, Insolvency, Israel, Ministry of Justice

See all updates »

Tax: Classification of Inter company Transactions

A precise definition of business services was recently at the core of a dispute between the Israel Tax Authority and eBay Marketplace Israel Ltd., a subsidiary of the multinational eBay Group. The district court litigated this…more

Corporate Taxes, eBay, Fair Market Value, Israel, Multinationals

See all updates »

Draft Bill: Increasing Transparency in Israeli Tax Law

A draft bill to amend the Income Tax Ordinance was published in early March 2024. The objective of the draft bill is to increase transparency in the Israeli tax system. That is in order to combat unreported capital and to avoid…more

Controlling Stockholders, Financial Institutions, Immigrants, Proposed Legislation, Reporting Requirements

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A Share Deal or An Asset Deal in Israeli Mergers & Acquisitions?

You have identified an Israeli target company to purchase. Now the question is – how to structure the acquisition? There are two traditional routes in Israeli private M&A transactions. The first is to purchase the shares of the…more

Acquisitions, Asset Purchase Agreements, Asset Purchaser, Change of Ownership, Complex Corporate Transactions

See all updates »

State Must Create a Temporary Framework for Insolvency Procedures in Light of COVID-19

The coronavirus pandemic has wreaked extensive economic havoc on the activities of many businesses and households in Israel. According to data from the Commissioner of Insolvency Proceedings, 2020 brought a rise of about 41% in…more

Coronavirus/COVID-19, Financial Distress, Insolvency, Israel, Ministry of Justice

See all updates »

Israel Securities Authority: Oversight of Unsupervised Entities

In recent times, there has been an increasing trend of supervision by the Israel Securities Authority (ISA) over non-supervised entities. This may seem paradoxical: if these entities are not under supervision, why does the ISA…more

Capital Raising, Cooperation, Corporate Governance, Enforcement, Enforcement Authority

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US Regulatory Authorities Look to Increase Hedge Funds’ Transparency and Stability

In early February 2024, the Commodities Futures Trading Commission (CFTC) and the Securities and Exchange Commission (SEC) announced new disclosure rules. These rules will apply to hedge funds and to managers of other private…more

CFTC, Commodity Pool, Disclosure Requirements, Form PF, Hedge Funds

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Price Display in Credit Transactions: What are the Obligations?

The Haifa District Court recently handed down a ruling in a motion to certify a class action filed against Ofir Tours Ltd. by its customer. The plaintiff bought an Eilat hotel vacation through Ofir Tours, paying in credit card…more

Class Action, Consumer Financial Products, Consumer Lenders, Credit Cards, Disclosure Requirements

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The Companies Registrar Rears Its Head – Financial Sanctions for Failing to File Reports

In the past, when companies failed to submit annual reports, the Companies Registrar was satisfied with issuing warning letters. However, recently, we have noticed a change in policy, as the Companies Registrar has increased…more

Annual Reports, Corporate Governance, Disclosure Requirements, Enforcement, Enforcement Authority

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The Business Judgment Rule – a Director’s Best Friend

In corporate law, it is customary to identify three organs through which a business company operates: the shareholders, the company’s management, and the board of directors. While the duties and rules by which shareholders and…more

Board of Directors, Breach of Duty, Business Judgment Rule, Entire Fairness Standard, Fiduciary Duty

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NPOs Receive Exemptions from Real Estate Betterment Levies

The Israeli Supreme Court handed down a precedent-setting ruling recently in the Evangelical Episcopal Church case. According to the ruling, Israeli NPOs may receive an exemption from paying real estate betterment levies to the…more

Betterment, Capital Gains, Exempt Organizations, Exemptions, Israel

See all updates »

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…more

Business Valuations, Capital Raising, Contract Negotiations, Investors, Israel

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ISA Seeks to Expand Authority beyond Securities Offenses

The Israel Securities Authority recently published a draft bill to amend the Securities Law. The amendment would give the ISA the power to investigate related offenses committed in addition to securities offenses. Under the…more

Amended Legislation, Corporate Governance, Enforcement Authority, Israel, Israel Securities Authority (ISA)

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Document Subpoena from US Authorities: Critical Steps

Receiving a document subpoena from the DOJ, the SEC, or any other US regulatory authority is a stressful and unpleasant situation.   Things may seem even more stressful and complicated if you are a foreign national or company…more

Attorney-Client Privilege, Compliance, Confidential Information, Cooperation, Criminal Liability

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Using a Name without Permission: Privacy Infringement

About two years ago, McDonald’s advertised a sale on family-sized containers of ice cream called “Blast Ice Cream” in Israel. The advertisement’s headline was “Maayan will be happy to hear… Blast Party: Blast Ice Cream in a…more

Advertising, Commercial Use, Consent, Infringement, McDonalds

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2022: Trends in Israeli and International Privacy Regulations

2022 saw significant regulatory developments in the field of privacy protection in Israel and throughout the world. These developments directly affect companies whose business activities in Israel and internationally involve the…more

Data Privacy, Data Protection, European Economic Area (EEA), General Data Protection Regulation (GDPR), Personal Data

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The Legal Risks of Using ChatGPT

The debut of OpenAI’s language processing tool, ChatGPT, caused waves within the artificial intelligence field, and the tech industry as a whole. This technology is considered the latest game changer. More and more companies…more

Algorithms, Artificial Intelligence, Machine Learning, Risk Assessment, Risk Mitigation

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Married and Common-Law Couples – Division of Property

The Israeli Supreme Court recently handed down an important ruling addressing the issue of division of property between common-law spouses. Specifically, the ruling changes the “presumption of property sharing” arrangement…more

Cohabitation, Cohabitation Agreements, Common Law Marriage, Division of Assets, Israel

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The Courts and the Metaverse – Service of Process through NFTs and Other Innovations

In several recent precedent-setting rulings, courts in England and New York have allowed plaintiffs in fraud cases involving cryptographic assets to complete service of legal process to unknown defendants directly on the…more

Blockchain, Cryptocurrency, Digital Wallets, Israel, Non-Fungible Tokens (NFTs)

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Class Action Lawsuit

Many class action proceedings end in settlement. The settlement agreement is designed, inter alia, to facilitate an efficient and fair resolution to the proceeding, in a manner that also provides certainty to the parties…more

Class Action, Class Certification, Israel, Settlement Agreements

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The Netherlands: New Data Scraping Guidelines

The Dutch Data Protection Authority (AP) has recently issued new guidance on data scraping. The guide highlights the significant legal risks it poses to personal data and the restrictions required under the GDPR…more

Data Protection Authority, EU, General Data Protection Regulation (GDPR), Netherlands, New Guidance

See all updates »

Contracts, Signatures, and Smileys: Are Emojis Legally Valid?

A few weeks ago, a Canadian farmer sent a text message to a company he worked with that included a thumbs-up emoji, which symbolizes approval or agreement. To his surprise, the Canadian court treated this emoji as the farmer’s…more

Consent, Contract Formation, E-Signatures, Emoji, Signatures

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Amutot and PBCs Set to Independently Update Details and Information

The Israeli website “GuideStar,” which provides information about Amutot (One of the common types of non-profit organizations in Israel) and PBCs, launched a new and important interface that enables these organizations to…more

Israel, Nonprofits, Portal, Public Benefit Corporation

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Israeli Regulations Restrict Enrollees in Managers’ Insurance Plans

The Knesset Finance Committee recently approved an amendment to regulations designed to restrict new enrollees in managers’ insurance plans. This amendment will come into effect on September 1, 2023, and is likely to affect,…more

Amended Regulation, Employer Contributions, Employment Contract, Israel, Managers

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New ISA Rules on Foreign Brokers’ Supervision of Marketers

As of February 10, 2024, new rules will apply to foreign entities that want to offer securities brokerage services via their marketers in Israel. The Israel Securities Authority promulgated these rules in December 2023, as part…more

Affiliate Marketers, Brokers, Capital Markets, Foreign Entities, Israel

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How to Conduct Board and Committee Meetings

In recent years, we have witnessed a sharp increase in the number of lawsuits filed in Israel against officers and directors of companies and a broadening of the scope of their liability. As a result of their roles, directors…more

Board Meetings, Board of Directors, Books & Records, Companies Law, Corporate Governance

See all updates »

Supreme Court Dismisses Nespresso Suit against Espresso Club

The Supreme Court recently dismissed an appeal by Nestlé, the Swiss multinational food and drink processing conglomerate, and its subsidiary corporation Nespresso, filed against our client, the Israeli company Expresso Club. The…more

Advertising, Appeals, Copyright, Copyright Infringement, Dismissals

See all updates »

Legal Aspects of SAFEs (Simple Agreement for Future Equity)

One common problem of early-stage ventures is the difficulty in determining a company valuation when recruiting capital from investors. This problem derives from the tension between entrepreneurs’ desire for a high valuation (in…more

Capital Raising, Discounted Cash Flow Valuations, Early Stage Companies, Entrepreneurs, Investors

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Companies without a Control Core – Draft Bills Calls for Changes

The Ministerial Committee for Legislation has recently re-approved the draft amendment to the Israeli Companies Law. The aim of this amendment is to improve the corporate governance rules applicable to companies with no…more

Audit Committee, Board of Directors, Controlling Stockholders, Corporations Code, Diversity

See all updates »

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…more

Digital Assets, Israel, Israel Securities Authority (ISA), Securities Tokens

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Election day for Israeli local authorities and regional councils

Election day for Israeli local authorities and regional councils is expected to be on Tuesday, February 27, 2024. Following are questions and answers about employees’ rights and employers’ obligations on that day…more

Employee Rights, General Elections, Holiday Pay, Holidays, Local Elections

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Informal Agreements or a Binding Contract?

Everyone knows what a contract means. But what does a “non-binding contract” mean? Does it encompass, for example, a memorandum, meeting minutes, a document containing nonspecific points of consent in principle? A recent Israeli…more

Binding Agreements, Contract Formation, Contract Termination, Israel, Meeting Minutes

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Bank of Israel Continues to Regulate Use of Cryptocurrencies

Israel’s financial regulatory authorities are regulating virtual currencies (cryptographic currencies) due to their steady increase in use. For example, the Capital Market, Insurance and Savings Authority (CMISA) issued an…more

Anti-Money Laundering, Anti-Terrorism Financing, Bank of Israel, Banking Sector, Cryptocurrency

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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…more

Contract Drafting, Contract Formation, Contract Negotiations, Contract Terms, Israel

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What Is the Maximum Exemption from Land Appreciation Tax?

Judge Yardena Seroussi recently handed down a new ruling in a case deliberated by the Real Estate Tax Appeals Committee on the taxation of luxury apartments.   The Appeals Committee deliberated the question of the entitlement to…more

Apartments, Beneficiaries, Exemptions, Israel, Property Valuation

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Personal Liability for Debt to the Registrar of Companies

The Insolvency and Financial Rehabilitation Law came into effect in 2019. The new law added a new cause of action for imposing personal liability on a director or CEO of a corporation in insolvency in respect of damages caused…more

CEOs, Corporate Officers, Creditors, Directors, Insolvency

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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…more

Amended Rules, Anti-Monopoly, Antitrust Violations, Competition Authorities, Criminal Sanctions

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Arbitration Clauses in International Agreements – Do’s and Don’ts

Contractual engagements inevitably beget legal disputes. Even the best agreement is no guarantee the engagement will succeed. Accordingly, one of the most important provisions in any commercial agreement is the provision that…more

Arbitration, Arbitration Agreements, Arbitration Awards, Breach of Contract, Contract Drafting

See all updates »

Class Actions on Accessibility of Public Companies' Reports Dismissed

About two years ago, motions to certify class actions were filed against dozens of public companies and reporting corporations in Israel, alleging violations of provisions of the Equal Rights for Persons with Disabilities Law…more

Case Consolidation, Class Action, Corporate Governance, Disability Discrimination, Dismissals

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Dutch Data Protection Authority Fines Uber

Authorities opened an investigation after Uber drivers in France sent complaints to the French privacy protection commission, the CNIL. The CNIL transferred the handling of the complaints to the Dutch Data Protection Authority,…more

CNIL, Data Collection, Data Protection Authority, Data Subjects Rights, European Economic Area (EEA)

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Tel Aviv Stock Exchange Publishes ESG Questionnaire

The Tel Aviv Stock Exchange (TASE) published a questionnaire on corporate social responsibility for listed companies for the first time on April 17, 2023. The TASE published the questionnaire with the goals of expanding listed…more

Corporate Governance, Environmental Social & Governance (ESG), Israel, Publicly-Traded Companies, Tel Aviv Stock Exchange (TASE)

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Israeli-UAE Tax Treaty – Client Update

On May 31, 2021, Israel and the United Arab Emirates signed a tax treaty. This is the first tax treaty between the states. It is expected to go into effect on January 1, 2022, after passing the necessary ratification processes…more

Capital Gains, Dividends, Interest Rates, Israel, OECD

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Israeli Supreme Court Asserts Responsibility Is Not Necessarily Accountability

The investigation of the Meron disaster raises an important legal question regarding the connection between responsibility and accountability. The Israeli Supreme Court answered this question recently in a completely different…more

Investors, Israel, Israel Securities Authority (ISA), Liability, Regulatory Authority

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What Is and Isn’t Permissible When Startup Founders Split

The Tel Aviv District Court (Economic Department) recently ruled that a partner in a startup breached his obligations as an officer in the company, as well as other obligations toward his former partner in that company. The…more

Anti-Competitive, Breach of Duty, Business Disputes, Companies Law, Contract Negotiations

See all updates »

How to Conduct Board and Committee Meetings

In recent years, we have witnessed a sharp increase in the number of lawsuits filed in Israel against officers and directors of companies and a broadening of the scope of their liability. As a result of their roles, directors…more

Board Meetings, Board of Directors, Books & Records, Companies Law, Corporate Governance

See all updates »

Foreign Direct Investments in Israel

“A small country surrounded by enemies” is a well-known Israeli proverb. This state of mind has an impact on Israeli policy regarding foreign direct investments (FDI). While FDI are encouraged by the State of Israel, significant…more

CFIUS, Companies Law, Financial Institutions, Foreign Direct Investment, Investors

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Rights of New Immigrants (Olim) and Returning Israeli Residents

One of the ramifications of the Israel-Hamas war is the growing interest of diaspora Jews and expat Israelis in immigrating to Israel. The National Insurance Institute and various government ministries grant a spectrum of rights…more

Bank of Israel, Expatriates, Government Assistance, Health Insurance, Immigrants

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Companies without a Control Core – Draft Bills Calls for Changes

The Ministerial Committee for Legislation has recently re-approved the draft amendment to the Israeli Companies Law. The aim of this amendment is to improve the corporate governance rules applicable to companies with no…more

Audit Committee, Board of Directors, Controlling Stockholders, Corporations Code, Diversity

See all updates »

Monopoly: Meta to Pay ILS 25 Million for Failing to Report Mergers

A few days ago, the Israel Competition Authority’s Director General announced she had reached an agreement with Meta Platforms Inc. (owner of Facebook and Instagram). Under the agreement, Meta undertook to pay the State treasury…more

Acquisitions, Antitrust Violations, Competition Authorities, Corporate Fines, Facebook

See all updates »

Anti-Money Laundering Obligations in Israel

The Israel Securities Authority’s Financial Sanctions Committee recently issued two different decisions to impose financial sanctions on companies. These sanctions were for financial activities violating provisions of the…more

AML/CFT, Anti-Money Laundering, Enforcement Priorities, Israel, Israel Securities Authority (ISA)

See all updates »

Doing Business in Israel: Effects of War in Israel on International Companies

Operation Swords of Iron constitutes a state of emergency in Israel unlike any other in past decades, with at least 1,400 citizens killed and some 300,000 reservists called up for duty. This state of emergency is being felt…more

Breach of Contract, Commercial Contracts, Contract Terms, Force Majeure Clause, Frustration of a Common Purpose

See all updates »

Policy Update: Employing Ukrainian Refugees in Israel

The Interior Ministry has once again extended its policy of not taking enforcement measures against the employment of Ukrainian citizens who are in Israel because of the war in Ukraine.   According to this policy, enforcement…more

Israel, Military Conflict, Ministry of Interior, Passports, Refugees

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Israel Innovation Authority: New Startup Fund “Boost for High-Tech”

The Israel Innovation Authority (IIA) is launching new startup funds as part of a stimulus package for the Israeli high-tech industry. Alongside investors from the private market, the IIA’s “Boost for High-Tech” funds will…more

Corporate Financing, Early Stage Companies, Economic Development, Federal Grants, Innovation

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Israel: Everything to Know about the Purchase Tax Hike on Real Estate Investors

Last week, the Israeli Ministry of Finance approved the outline for a hike to the purchase tax imposed on real estate investors, once again, to tax brackets of 8% and 10%. The ministry’s goal is to “dissuade” investors from…more

Apartments, Israel, Ministry of Finance, Property Tax, Real Estate Investments

See all updates »

Tax: Classification of Inter company Transactions

A precise definition of business services was recently at the core of a dispute between the Israel Tax Authority and eBay Marketplace Israel Ltd., a subsidiary of the multinational eBay Group. The district court litigated this…more

Corporate Taxes, eBay, Fair Market Value, Israel, Multinationals

See all updates »

Anti-Money Laundering Obligations in Israel

The Israel Securities Authority’s Financial Sanctions Committee recently issued two different decisions to impose financial sanctions on companies. These sanctions were for financial activities violating provisions of the…more

AML/CFT, Anti-Money Laundering, Enforcement Priorities, Israel, Israel Securities Authority (ISA)

See all updates »

Foreign Funds from Additional Stock Exchanges May Dual List on the TASE

On February 22, the Israeli Ministry of Finance published a draft bill for public comments to amend the Joint Investment Trust Regulations (Foreign Fund Unit Offerings). These regulations regulate the listing of foreign funds…more

Comment Period, Foreign Exchanges, Investment Funds, Israel, Listing Rules

See all updates »

Israel Freezes Convalescence Pay Rate

In March 2024, the Knesset legislated the Freezing and Reducing Convalescence Pay in 2024 for Budgeting Benefits for Reservists Law. This law applies to the private sector, following an earlier collective bargaining agreement…more

Israel, Paid Sick Leave, Private Sector, Public Sector, Tax Authority

See all updates »

MiCA and Reverse Solicitation

Non-EU or non-MiCA compliant entities that want to offer or provide crypto-asset services to clients in the EU must be aware of the newly drafted guidelines from the European Securities and Markets Authority (ESMA). The…more

Comment Period, Compliance, Consultation, Cross-Border Transactions, Cryptoassets

See all updates »

Israeli Institutional Investors and Transfer Rights

When an institutional investor in Israel invests in an investment fund, it must comply with regulations set in the Supervision of Financial Services Regulations. In particular instances, the manner funds manage their affairs…more

Financial Regulatory Agencies, Institutional Investors, Investment Funds, Israel, Regulatory Standards

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Intricacies of SAFEs (Simple Agreement for Future Equity)

A SAFE is designed to be short and straightforward. In essence, the investor provides cash now against a promise to receive shares in the future. The challenges of negotiating full transaction documents, including agreement on…more

Business Valuations, Contract Terms, Conversion, Corporate Financing, Dilution

See all updates »

NPOs Receive Exemptions from Real Estate Betterment Levies

The Israeli Supreme Court handed down a precedent-setting ruling recently in the Evangelical Episcopal Church case. According to the ruling, Israeli NPOs may receive an exemption from paying real estate betterment levies to the…more

Betterment, Capital Gains, Exempt Organizations, Exemptions, Israel

See all updates »

MiCA and Reverse Solicitation

Non-EU or non-MiCA compliant entities that want to offer or provide crypto-asset services to clients in the EU must be aware of the newly drafted guidelines from the European Securities and Markets Authority (ESMA). The…more

Comment Period, Compliance, Consultation, Cross-Border Transactions, Cryptoassets

See all updates »

The Netherlands: New Data Scraping Guidelines

The Dutch Data Protection Authority (AP) has recently issued new guidance on data scraping. The guide highlights the significant legal risks it poses to personal data and the restrictions required under the GDPR…more

Data Protection Authority, EU, General Data Protection Regulation (GDPR), Netherlands, New Guidance

See all updates »

Year in Review – Trends in Real Estate Law in Israel

At the beginning of 2022, everyone had great expectations about the Israeli real estate market. Would the record-breaking price increases in 2021 persist, or would the real estate market cool down a bit?…more

Interest Rates, Israel, Property Tax, Real Estate Development, Real Estate Investments

See all updates »

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Other Information: We also collect other information you may voluntarily provide. This may include content you provide for publication. We may also receive your communications with others through our Website and Services (such as contacting an author through our Website) or communications directly with us (such as through email, feedback or other forms or social media). If you are a subscribed user, we will also collect your user preferences, such as the types of articles you would like to read.

Information from third parties (such as, from your employer or LinkedIn): We may also receive information about you from third party sources. For example, your employer may provide your information to us, such as in connection with an article submitted by your employer for publication. If you choose to use LinkedIn to subscribe to our Website and Services, we also collect information related to your LinkedIn account and profile.

Your interactions with our Website and Services: As is true of most websites, we gather certain information automatically. This information includes IP addresses, browser type, Internet service provider (ISP), referring/exit pages, operating system, date/time stamp and clickstream data. We use this information to analyze trends, to administer the Website and our Services, to improve the content and performance of our Website and Services, and to track users' movements around the site. We may also link this automatically-collected data to personal information, for example, to inform authors about who has read their articles. Some of this data is collected through information sent by your web browser. We also use cookies and other tracking technologies to collect this information. To learn more about cookies and other tracking technologies that JD Supra may use on our Website and Services please see our "Cookies Guide" page.

How do we use this information?

We use the information and data we collect principally in order to provide our Website and Services. More specifically, we may use your personal information to:

  • Operate our Website and Services and publish content;
  • Distribute content to you in accordance with your preferences as well as to provide other notifications to you (for example, updates about our policies and terms);
  • Measure readership and usage of the Website and Services;
  • Communicate with you regarding your questions and requests;
  • Authenticate users and to provide for the safety and security of our Website and Services;
  • Conduct research and similar activities to improve our Website and Services; and
  • Comply with our legal and regulatory responsibilities and to enforce our rights.

How is your information shared?

  • Content and other public information (such as an author profile) is shared on our Website and Services, including via email digests and social media feeds, and is accessible to the general public.
  • If you choose to use our Website and Services to communicate directly with a company or individual, such communication may be shared accordingly.
  • Readership information is provided to publishing law firms and companies and authors of content to give them insight into their readership and to help them to improve their content.
  • Our Website may offer you the opportunity to share information through our Website, such as through Facebook's "Like" or Twitter's "Tweet" button. We offer this functionality to help generate interest in our Website and content and to permit you to recommend content to your contacts. You should be aware that sharing through such functionality may result in information being collected by the applicable social media network and possibly being made publicly available (for example, through a search engine). Any such information collection would be subject to such third party social media network's privacy policy.
  • Your information may also be shared to parties who support our business, such as professional advisors as well as web-hosting providers, analytics providers and other information technology providers.
  • Any court, governmental authority, law enforcement agency or other third party where we believe disclosure is necessary to comply with a legal or regulatory obligation, or otherwise to protect our rights, the rights of any third party or individuals' personal safety, or to detect, prevent, or otherwise address fraud, security or safety issues.
  • To our affiliated entities and in connection with the sale, assignment or other transfer of our company or our business.

How We Protect Your Information

JD Supra takes reasonable and appropriate precautions to insure that user information is protected from loss, misuse and unauthorized access, disclosure, alteration and destruction. We restrict access to user information to those individuals who reasonably need access to perform their job functions, such as our third party email service, customer service personnel and technical staff. You should keep in mind that no Internet transmission is ever 100% secure or error-free. Where you use log-in credentials (usernames, passwords) on our Website, please remember that it is your responsibility to safeguard them. If you believe that your log-in credentials have been compromised, please contact us at privacy@jdsupra.com.

Children's Information

Our Website and Services are not directed at children under the age of 16 and we do not knowingly collect personal information from children under the age of 16 through our Website and/or Services. If you have reason to believe that a child under the age of 16 has provided personal information to us, please contact us, and we will endeavor to delete that information from our databases.

Links to Other Websites

Our Website and Services may contain links to other websites. The operators of such other websites may collect information about you, including through cookies or other technologies. If you are using our Website or Services and click a link to another site, you will leave our Website and this Policy will not apply to your use of and activity on those other sites. We encourage you to read the legal notices posted on those sites, including their privacy policies. We are not responsible for the data collection and use practices of such other sites. This Policy applies solely to the information collected in connection with your use of our Website and Services and does not apply to any practices conducted offline or in connection with any other websites.

Information for EU and Swiss Residents

JD Supra's principal place of business is in the United States. By subscribing to our website, you expressly consent to your information being processed in the United States.

  • Our Legal Basis for Processing: Generally, we rely on our legitimate interests in order to process your personal information. For example, we rely on this legal ground if we use your personal information to manage your Registration Data and administer our relationship with you; to deliver our Website and Services; understand and improve our Website and Services; report reader analytics to our authors; to personalize your experience on our Website and Services; and where necessary to protect or defend our or another's rights or property, or to detect, prevent, or otherwise address fraud, security, safety or privacy issues. Please see Article 6(1)(f) of the E.U. General Data Protection Regulation ("GDPR") In addition, there may be other situations where other grounds for processing may exist, such as where processing is a result of legal requirements (GDPR Article 6(1)(c)) or for reasons of public interest (GDPR Article 6(1)(e)). Please see the "Your Rights" section of this Privacy Policy immediately below for more information about how you may request that we limit or refrain from processing your personal information.
  • Your Rights
    • Right of Access/Portability: You can ask to review details about the information we hold about you and how that information has been used and disclosed. Note that we may request to verify your identification before fulfilling your request. You can also request that your personal information is provided to you in a commonly used electronic format so that you can share it with other organizations.
    • Right to Correct Information: You may ask that we make corrections to any information we hold, if you believe such correction to be necessary.
    • Right to Restrict Our Processing or Erasure of Information: You also have the right in certain circumstances to ask us to restrict processing of your personal information or to erase your personal information. Where you have consented to our use of your personal information, you can withdraw your consent at any time.

You can make a request to exercise any of these rights by emailing us at privacy@jdsupra.com or by writing to us at:

Privacy Officer
JD Supra, LLC
150 Harbor Drive, #2760
Sausalito, CA 94965

You can also manage your profile and subscriptions through our Privacy Center under the "My Account" dashboard.

We will make all practical efforts to respect your wishes. There may be times, however, where we are not able to fulfill your request, for example, if applicable law prohibits our compliance. Please note that JD Supra does not use "automatic decision making" or "profiling" as those terms are defined in the GDPR.

  • Timeframe for retaining your personal information: We will retain your personal information in a form that identifies you only for as long as it serves the purpose(s) for which it was initially collected as stated in this Privacy Policy, or subsequently authorized. We may continue processing your personal information for longer periods, but only for the time and to the extent such processing reasonably serves the purposes of archiving in the public interest, journalism, literature and art, scientific or historical research and statistical analysis, and subject to the protection of this Privacy Policy. For example, if you are an author, your personal information may continue to be published in connection with your article indefinitely. When we have no ongoing legitimate business need to process your personal information, we will either delete or anonymize it, or, if this is not possible (for example, because your personal information has been stored in backup archives), then we will securely store your personal information and isolate it from any further processing until deletion is possible.
  • Onward Transfer to Third Parties: As noted in the "How We Share Your Data" Section above, JD Supra may share your information with third parties. When JD Supra discloses your personal information to third parties, we have ensured that such third parties have either certified under the EU-U.S. or Swiss Privacy Shield Framework and will process all personal data received from EU member states/Switzerland in reliance on the applicable Privacy Shield Framework or that they have been subjected to strict contractual provisions in their contract with us to guarantee an adequate level of data protection for your data.

California Privacy Rights

Pursuant to Section 1798.83 of the California Civil Code, our customers who are California residents have the right to request certain information regarding our disclosure of personal information to third parties for their direct marketing purposes.

You can make a request for this information by emailing us at privacy@jdsupra.com or by writing to us at:

Privacy Officer
JD Supra, LLC
150 Harbor Drive, #2760
Sausalito, CA 94965

Some browsers have incorporated a Do Not Track (DNT) feature. These features, when turned on, send a signal that you prefer that the website you are visiting not collect and use data regarding your online searching and browsing activities. As there is not yet a common understanding on how to interpret the DNT signal, we currently do not respond to DNT signals on our site.

Access/Correct/Update/Delete Personal Information

For non-EU/Swiss residents, if you would like to know what personal information we have about you, you can send an e-mail to privacy@jdsupra.com. We will be in contact with you (by mail or otherwise) to verify your identity and provide you the information you request. We will respond within 30 days to your request for access to your personal information. In some cases, we may not be able to remove your personal information, in which case we will let you know if we are unable to do so and why. If you would like to correct or update your personal information, you can manage your profile and subscriptions through our Privacy Center under the "My Account" dashboard. If you would like to delete your account or remove your information from our Website and Services, send an e-mail to privacy@jdsupra.com.

Changes in Our Privacy Policy

We reserve the right to change this Privacy Policy at any time. Please refer to the date at the top of this page to determine when this Policy was last revised. Any changes to our Privacy Policy will become effective upon posting of the revised policy on the Website. By continuing to use our Website and Services following such changes, you will be deemed to have agreed to such changes.

Contacting JD Supra

If you have any questions about this Privacy Policy, the practices of this site, your dealings with our Website or Services, or if you would like to change any of the information you have provided to us, please contact us at: privacy@jdsupra.com.

JD Supra Cookie Guide

As with many websites, JD Supra's website (located at www.jdsupra.com) (our "Website") and our services (such as our email article digests)(our "Services") use a standard technology called a "cookie" and other similar technologies (such as, pixels and web beacons), which are small data files that are transferred to your computer when you use our Website and Services. These technologies automatically identify your browser whenever you interact with our Website and Services.

How We Use Cookies and Other Tracking Technologies

We use cookies and other tracking technologies to:

  1. Improve the user experience on our Website and Services;
  2. Store the authorization token that users receive when they login to the private areas of our Website. This token is specific to a user's login session and requires a valid username and password to obtain. It is required to access the user's profile information, subscriptions, and analytics;
  3. Track anonymous site usage; and
  4. Permit connectivity with social media networks to permit content sharing.

There are different types of cookies and other technologies used our Website, notably:

  • "Session cookies" - These cookies only last as long as your online session, and disappear from your computer or device when you close your browser (like Internet Explorer, Google Chrome or Safari).
  • "Persistent cookies" - These cookies stay on your computer or device after your browser has been closed and last for a time specified in the cookie. We use persistent cookies when we need to know who you are for more than one browsing session. For example, we use them to remember your preferences for the next time you visit.
  • "Web Beacons/Pixels" - Some of our web pages and emails may also contain small electronic images known as web beacons, clear GIFs or single-pixel GIFs. These images are placed on a web page or email and typically work in conjunction with cookies to collect data. We use these images to identify our users and user behavior, such as counting the number of users who have visited a web page or acted upon one of our email digests.

JD Supra Cookies. We place our own cookies on your computer to track certain information about you while you are using our Website and Services. For example, we place a session cookie on your computer each time you visit our Website. We use these cookies to allow you to log-in to your subscriber account. In addition, through these cookies we are able to collect information about how you use the Website, including what browser you may be using, your IP address, and the URL address you came from upon visiting our Website and the URL you next visit (even if those URLs are not on our Website). We also utilize email web beacons to monitor whether our emails are being delivered and read. We also use these tools to help deliver reader analytics to our authors to give them insight into their readership and help them to improve their content, so that it is most useful for our users.

Analytics/Performance Cookies. JD Supra also uses the following analytic tools to help us analyze the performance of our Website and Services as well as how visitors use our Website and Services:

  • HubSpot - For more information about HubSpot cookies, please visit legal.hubspot.com/privacy-policy.
  • New Relic - For more information on New Relic cookies, please visit www.newrelic.com/privacy.
  • Google Analytics - For more information on Google Analytics cookies, visit www.google.com/policies. To opt-out of being tracked by Google Analytics across all websites visit http://tools.google.com/dlpage/gaoptout. This will allow you to download and install a Google Analytics cookie-free web browser.

Facebook, Twitter and other Social Network Cookies. Our content pages allow you to share content appearing on our Website and Services to your social media accounts through the "Like," "Tweet," or similar buttons displayed on such pages. To accomplish this Service, we embed code that such third party social networks provide and that we do not control. These buttons know that you are logged in to your social network account and therefore such social networks could also know that you are viewing the JD Supra Website.

Controlling and Deleting Cookies

If you would like to change how a browser uses cookies, including blocking or deleting cookies from the JD Supra Website and Services you can do so by changing the settings in your web browser. To control cookies, most browsers allow you to either accept or reject all cookies, only accept certain types of cookies, or prompt you every time a site wishes to save a cookie. It's also easy to delete cookies that are already saved on your device by a browser.

The processes for controlling and deleting cookies vary depending on which browser you use. To find out how to do so with a particular browser, you can use your browser's "Help" function or alternatively, you can visit http://www.aboutcookies.org which explains, step-by-step, how to control and delete cookies in most browsers.

Updates to This Policy

We may update this cookie policy and our Privacy Policy from time-to-time, particularly as technology changes. You can always check this page for the latest version. We may also notify you of changes to our privacy policy by email.

Contacting JD Supra

If you have any questions about how we use cookies and other tracking technologies, please contact us at: privacy@jdsupra.com.

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