War and the Workplace – Further Updates

As part of our ongoing updates on the evolving security situation and its impact on workplaces, we would like to share several important developments. These developments include recent regulatory and operational changes affecting workplace activity, employee rights, and visa statuses. Specifically, we cover a new general permit for overtime work, updated Home Front Command defense […]

The UK Data Protection Reform – Herzog’s Guide to the Key Changes

The United Kingdom’s parliament has approved the Data (Use and Access) Bill, which is now pending a Royal Assent, in order to become an act. In recent years, data protection in the UK has been based on and aligned with the European Union’s Geneal Data Protection Regulation. Over the years, the UK Government has decided […]

Chambers Tax Controversy 2025 Practice Guide: Israel

Herzog Fox & Neeman is proud to present the Israel chapter of the Chambers Tax Controversy 2025 Practice Guide, recently published by Chambers and Partners. This chapter provides a concise, client-focused introduction to Israeli tax law, with insights especially relevant for those facing audits, disputes, or cross-border tax questions. Written by our leading Tax team […]

Chambers Cartels 2025 Practice Guide: Israel

We are pleased to share that Herzog Fox & Neeman has authored the Israel chapter in the Chambers Cartels 2025 Practice Guide, published by Chambers and Partners. Whether you’re navigating global compliance challenges or exploring the Israeli legal landscape for the first time, this chapter offers a practical introduction to cartel regulation and enforcement in […]

Operation Rising Lion: Update Regarding War and the Workplace

We are facing challenging days, and we hope that you and your families are keeping yourselves safe. In the wake of armed conflict with Iran, and following the declaration of a special state of emergency throughout the country, the Minister of Labor issued an order regarding the application of Chapter 4 of the Emergency Employment […]

Traceloop $6.1 million Seed financing

Herzog Fox & Neeman advised Traceloop, an Israeli observability and testing platform that safeguards AI agents in production, in connection with its $6.1 million Seed financing round led by Sorenson Capital and Ibex Investors Founded by machine-learning and enterprise software veterans, Traceloop provides an end‑to‑end observability and evaluation layer—built on its open-source OpenLLMetry framework—to help developers […]

Patent Monetization – Maximizing Value through Enforcement

How much is a patent worth? Patents are legal instruments that grant exclusionary rights, but their true value lies in converting these rights into substantial financial returns. Strong patents can generate millions in revenue through strategic monetization – but only when properly leveraged. In this highly instructive and admission-free half day conference, conducted in collaboration […]

Weavy $4 million Seed financing Led by Entrée Capital, Designer Fund and Founder Collective

Herzog Fox & Neeman advised Weavy, an innovative AI-powered creative workflow platform, in connection with its $4 million Seed financing round led by Entree Capital. Founded by former Fiverr and Astria leaders, Weavy offers a unified canvas that integrates professional editing tools with AI models – empowering creative teams with reusable, brand-consistent workflows. In addition […]

Hypernative $40 million Series B financing

Herzog Fox & Neeman advised Hypernative, a leading provider of real-time threat detection and prevention for Web3, in connection with its $40 million Series B financing round led by Ballistic Ventures and Ten Eleven Ventures. Founded in 2022, Hypernative helps Web3 organizations prevent and respond to security threats before they impact protocols, users, or funds. […]

SEC Staff Issues Statement on Protocol Staking and Related Activities

By: Ariel Yosefi, Dima Zalyalyeyev & Gal Mechtinger On 29 May 2025, the US Securities and Exchange Commission’s (“SEC“) Division of Corporation Finance issued a statement providing the regulator’s views on the application of US federal securities laws to “Protocol Staking” of crypto assets on Proof-of-Stake (“PoS“) networks. While the statement does not formally alter […]

New Guidance from the ISA on Mass Marketing of Funds – Speak More, Say Less

On May 12, 2025, the Israel Securities Authority (the “ISA”) published a staff-position, confirming that fund managers may make “General Publications”, without triggering registration requirements. The ISA’s position outlines the conditions for making “general publications”, and introduces its most restrictive interpretation to date regarding the permissible content, explicitly excluding types of information that had previously […]

Registration now open: second cohort of “The New Currency: Entering the Carbon Market”

Registration is now open for the second cohort of the course “The New Currency: Entering the Carbon Market”, hosted by Ayana in collaboration with EY. Commencing May 21, 2025, this course is designed to equip a diverse range of stakeholders—buyers, sellers, and industry professionals—with a comprehensive understanding of carbon market mechanisms and regulatory frameworks, and […]

Announcing Herzog Fox & Neeman participation in the Carbon Data Open Protocol

We are thrilled to share that Herzog Fox & Neeman has joined the Carbon Data Open Protocol (CDOP) – a collaborative initiative uniting over 30 leading organizations to develop and harmonize carbon credit data across markets. In this endeavor we will be joining leading global carbon market experts and organizations including Sylvera, S&P Global Commodity […]

Section 102 Annual Report – Postponed Filing Date for 2024 Report

We are pleased to update that after extensive discussions with the Israel Tax Authority, the Israel Tax Authority published yesterday (28 April 2025) a formal guidance letter confirming that the filing date for the 2024 annual report has been extended to October 1, 2025. As you may recall and as previously reported, on January 1, […]

Privacy Rights and Use of Cameras in the Workplace

Security cameras have become commonplace in workplaces, raising concerns about the potential privacy violations for employees. Under what circumstances is the installation and use of these cameras considered legitimate?   To what extent is there a risk to privacy under these circumstances?   When, how, and to what extent must employers inform employees about the […]

De-risking carbon markets: Managing legal uncertainty in the treatment of carbon credits

Dear clients and friends, We are excited to share a new report co-authored by Herzog Fox & Neeman’s Environment and Climate Change practice and BeZero Carbon, exploring one of the biggest barriers to growth in the voluntary carbon market: the legal uncertainty surrounding the private law treatment of verified carbon credits. As equity and debt […]

Age Verification Rules Intensify: Key Implications for Developers and App Stores

In the past year there has been a clear trend toward stricter online child protection laws, particularly in the US where a wave of multiple states has floated age-verification bills, and lawmakers at the federal level have introduced several bills to address social media and app age gating. Similarly, in the UK and EU, regulators […]

Findings From ISA Audits in Relation to Private Placements

The Israel Securities Authority (the “ISA“) published a report detailing its findings in relation to Private Placement of Securities and Funds in Israel (the “Report“). The following summarizes the ISA’s principal findings and their practical implications for the day-to-day operations of entities involved in fundraising: Classification and Registration of Offerees The ISA clarified that anyone […]

The New US Tariffs

On April 2, 2025, U.S. President Donald Trump signed an executive order imposing new tariffs on imports from all countries, including Israel. This move aims to address the ongoing U.S. trade deficit, boost domestic industry, and reduce the national debt. Key Provisions of the Executive Order General Tariff: A baseline tariff of 10% will apply […]

ICA Publication of Pending Transactions

On March 31, 2025, the Israeli Competition Authority (ICA) started to publish currently reviewed transactions on its website. The ICA’s decision to publicize decisions is an interesting shift that will allow third parties to be more informed on ongoing investigations and to challenge them while the review is ongoing.   What has changed? To date, […]

Herzog Welcomes its Newest Partner – Shai Sharvit

We are delighted to welcome Shai Sharvit to Herzog Fox & Neeman and extend our warm congratulations on his joining our Litigation Department. Shai is one of Israel’s leading international arbitration practitioners and was recently recognized in the 2025 Lexology Arbitration Index as the only Israeli ranked as a Global Elite Thought Leader. His practice […]

Did you Know? Workplace Investigations

We are pleased to present our Second Quarterly update for 2025, which delves into the important topic of Workplace Investigations. This update aims to provide valuable insights and high-level practical guidance to help you understand the complexities of conducting investigations in the Israeli workplace. Understanding the legal framework and adhering to best practices is essential […]

Draft for Public Comments – Change in Trading Days on the Tel Aviv Stock Exchange

We would like to inform you that on March 26, 2025, a draft amendment to the bylaws and guidelines of the Tel Aviv Stock Exchange (TASE) was published for public comment. Currently, trading on TASE occurs from Sunday through Thursday. This draft proposes transitioning the trading days to Monday through Friday, starting in January 2026. […]

Webinar: Employee Benefits in Israel

Join us for our upcoming webinar where our experts provide insight into the intricacies of employee benefits in Israel, featuring Liat, a senior partner in Herzog’s labour and employment law-department. Date: Monday, 28 April 2025 Time: 4:30pm-5:15pm (IST, UTC+2) Agenda: Welcome and introduction On topic discussion Q&A and closing   Why attend? Employee benefits are the […]

Update on Minimum Wage and First Extension Order in the Catering Industry

We are pleased to present you with a brief update on the recent increase in the minimum wage, the publication of an extension order in the catering industry and the changes to legal provisions affecting engagements with service providers in the catering, security, and cleaning sectors. If you have any questions about the topics covered […]

Freezing and Reducing Recuperation Payments in 2025

Last year, due to the deficit caused by the ongoing war and following a collective agreement, legislation was passed to freeze the value of recuperation days for 2024 and reduce recuperation payments to employees. Given the continued hostilities, similar provisions have been included in the recently enacted Law for Achieving Budget Targets and Implementing Economic […]

Israel Tax Authorities Publish New Position Paper on Double Trigger Acceleration

On March 11, 2025, the Israeli Tax Authority (the “ITA“) published a new position paper (1/25) (the “Paper”) in which they describe their position regarding the tax implications of acceleration of equity awards pursuant to double trigger acceleration provisions under Section 102 of the Israeli Income Tax Ordinance [New Version] 1961 (the “Ordinance“). Double Trigger […]