Unique conference by ‘Globes’ and ‘Discount Bank’ at Herzog : Finding the ROI on ESG

Last week, Herzog hosted a unique conference by ‘Globes’ and ‘Discount Bank’ : Finding the ROI on ESG (Environmental, Social, Governance) . Among the speakers at the Conference were Livnat Ein-Shay Wilder, Head of Herzog’s ESG sector who revealed that: “When I was appointed Head of the ESG sector at Herzog two years ago, there was […]
Reality Group has successfully raised NIS 1.7 billion for Reality V

Our warm greetings to REALITY GROUP, for raising its 5th value-add fund, Reality V, with NIS 1.7 billion from Israel’s leading institutional investors. We are proud and glad to step by your side as your legal counsels, to accompany the fundraising of Reality V and to witness how the Group had developed ever since we’ve formed […]
The world’s largest flight simulator company is arriving to Israel

During the importation and assembly in Israel of their 737 and 787 simulators, Herzog assisted Avenger Flight Group, LLC with complex commercial, tax, transfer pricing, and customs matters. Avenger is the global leader in commercial aviation simulation training business and the largest privately-owned training organization in the world. Avenger Flight Group opens a subsidiary in Israel to […]
Celebrating Our Successful Annual Employment Conference! ️

Thrilled to share the success of our annual employment conference held last week! It was a gathering of hundreds of HR professionals and legal advisors from diverse industries, making it an extraordinary event. We tackled the hottest employment issues head-on, including AI in HR, privacy, class actions, and workplace harassment. The special lecture by by Ms. Tair Revivo-Ifergan (former […]
Adv. Yosef (Seffy) Zinger was appointed Chairman of the Israeli Securities Authority

Herzog Fox & Neeman would like to congratulate Adv. Yosef (Seffy) Zinger, a senior partner in our Corporate and Securities Department and Head of the firm’s Insolvency practice, on his appointment as the Chairman of the Israeli Securities Authority. Meir Linzen, the Chairman of Herzog, and Gil White, the Managing Partner of the firm, said […]
NIS 2.5 Billion public offering of debt for Israeli Electric Company

We represented the Israeli Electric Company Ltd. in a NIS 2.5 Billion public offering of debt. The public offering, which enjoyed demands of over NIS 3 billion was regarded as one of the largest bond issuances of a non-bank entity in the last year on the Tel-Aviv Stock Exchange Ltd. The offering process included work […]
Ofer Granot and Daniel Rosenblatt in an article for TheMarker

A $300 million penalty was imposed against Seagate last month by the US Department of Commerce after it sold regulated technology to Huawei in China. This was the largest penalty ever imposed under the DOC’s export control laws. In yesterday’s TheMarker, our subject matter experts Ofer Granot and Daniel Rosenblatt break down the implications of this event for Israeli companies […]
Acquisition of Revela by Oddity

Proud to have acted on behalf of Oddity, the parent company of the IL Makiage and Spoiled Child brands, in the acquisition of Revela for a total of $76 million. Revela is an industry-leading biotech startup, bringing AI-based molecule discovery technology to beauty and wellness. With this acquisition, Oddity will establish ODDITY LABS and invest […]
AMI Opportunities Fund sells Go Global Travel to Yanolja

Herzog represented the AMI Opportunities Fund (advised by Apax Partners) in the sale of Go Global Travel, a company that provides B2B technology and services for travel businesses and travel agents, to Yanolja, a South Korean leisure and hospitality company. The transaction was led by our co-head of our Corporate and Securities department, Ran Hai and M&A […]
ODDITY Tech has successfully listed on the Nasdaq at a company value of $2 billion

Happy to open the trading day in New York with a new IPO! ODDITY Tech (owner of IL MAKIAGE and Spoiled Child) has successfully listed on the Nasdaq at a company value of $2 billion. We are very proud of our clients. We’ve also had the honor of having our lawyers’ images displayed alongside the famous Time Square […]
How to find the best with diversity

We came to the realization some years ago that there were pools of talent in Israeli society that were not an integral part of the legal landscape in Israel. In order to keep growing and to attract the best talent, we needed to ensure our appeal to all communities that make up the tapestry Israeli […]
Law of the Draw Event

Legal trends, challenges and opportunities for growing gambling and gaming companies, including updates on recent market trends. We are excited to announce that we are soon to host a unique gaming law event together with the global law firm Taylor Wessing. This half-day event, titled “Law of the Draw”, is aimed at growing gambling and […]
Herzog represented KOMPAS Ventures

We represented KOMPAS Ventures in a Preferred Seed-4 round, pursuant to which KOMPAS, led an $8M investment round in Structshare Technologies Ltd. This is one of the first investments in Israel by Kompas Ventures, a global environment and construction digitalization VC, with a unique participation of leading US strategic investors. It symbolizes the accelerated growth […]
Herzog represented NGP Capital

We represent NGP Capital, a $1.4B growth-stage investment firm, that invests in the cybersecurity, edge cloud, digital industries and digital transformation, on all of the fund’s invetments in Israel. In this transaction, we have successfully represented NGP Capital along with and AW Ventues, as lead investors, in a $33 million Series B financing round of […]
Herzog Represented Philips

We represented Philips in the acquisition of DiA Imaging Analysis Ltd. Philips acquisition of DiA – acquiring the company after joining the company as an investor just two years before. One of only a few acquisitions done by Philips, one of the largest healthcare companies worldwide, in Israel. A highly complex transaction completed in a […]
Publication of the Draft Regulation of Securitization Transactions Law (Legislative amendments), 2023 for public comments

Dear Clients, Colleagues and Friends, We would like to bring to your attention that on July 30, 2023, the Department of Justice published the draft Regulation of Securitization Transactions Law (Legislative amendments), 2023 (the “Memorandum“) for public review. Comments to the Memorandum may be submitted until September 13, 2023. The Memorandum is published […]
Herzog acted as Israeli counsel representing Hewlett Packard Enterprise

Herzog acted as Israeli counsel representing Hewlett Packard Enterprise in its acquisition of the Israeli cloud security company Axis Cyber Security Ltd. The acquisition of Axis Cyber Security Ltd. included aspects from many areas of expertise. Such areas included a special structure of the acquisition under the Israeli Companies Law as well as aspects of […]
Herzog reprenseted BuildOS

Herzog reprenseted BuildOS (DBA: SWAPP) a company in the field of construction and property technology in a financing round involving both existing investors, strategic investors as well as new VCs investing in the company. Herzog provided BuildOS with legal advice on all matters related to the financing round including corporate, tax and intellectual property. Read […]
Herzog represented Dropit Shopping

We represented Dropit, a retail technology platform that bridges the digital divide by unifying merchants’ online and in-store inventories, in its $25 million Series C round. Dropit’s Series C round was led by Vault Investments, with participation from Tiga Investments, Axentia, Sugarbee and others, including former Macy’s CEO Terry Lundgren, who sits on Dropit’s board […]
Herzog represent Kubota Agrotech venture

Herzog represent Kubota Agrotech venture on all of its investments in the Israeli Agri-tech industry. This year, we’ve represented Kubota in its investment in Israel – a $12 million financing round at Clarifruit, an Israeli startup, which offers an AI-powered quality control SaaS solution for the fresh produce supply chain.
Herzog Represented Coro in an $97 million financing round

We represented Coro, an Israeli cybersecurity company, in an $104 million financing led by UK fund Balderton Capital, (EIP) Energy Impact Fund, Neva Fund, and JVP. We are proud and honoured to have supported Coro for many many years, and thrilled to represent the company in this remarkable achievement during challenging global market. For more […]
New Tax Benefits for Encouragement of the High-Tech Industry

Dear Clients, Colleagues and Friends, Background – The New Law, its Purpose and the Benefits it Offers On July 25, 2023, a law granting significant tax benefits aimed to bolster the high-tech industry was passed in the Israeli Parliament. This law is designed to strengthen the Israeli high-tech industry by granting Israeli […]
Important Update on Proposed Legislation regarding Israeli Tax Residency of Individuals

Dear clients, friends and colleagues, We are pleased to update you regarding a proposed bill recently published by the Israeli Ministry of Justice on July 24, 2023 (the “Proposed Bill“). This bill addresses the definition of “Israeli Resident” and “Foreign Resident” for Israeli income tax purposes concerning individuals and suggests significant changes to existing law. […]
Our client Snyk acquires Israeli start-up Enso Security

Our client, the UK based cybersecurity company, Snyk, has acquired the cybersecurity startup, Enso Security. The acquisition of Enso Security expands Snyk’s capabilities and further solidifies its presence in the cybersecurity market and Israel. We wish to thank our partners Dan Sharot, Efrat Kesler, Dr Ehab Farah, Hanan Haviv, Iris Achmon, Nir Gal, Ronen Avner, […]
The European Commission Adopted EU-US Data Privacy Framework for Data Transfers

The European Commission (“Commission“) has formally adopted its new adequacy decision for the EU-US Data Privacy Framework (“DPF“) under the General Data Protection Regulation (“GDPR“). The decision concluding that the US ensures an adequate level of protection for personal data transferred to organizations participating in the DPF. The DPF, which was drafted in conjunction with […]
Herzog Guide – Using Artificial Intelligence Systems in Organizations

Dear clients, colleagues and friends, The use of Artificial Intelligence (AI) systems is becoming more common in businesses, product development and commerce contexts. Following questions raised by many colleagues and clients in a variety of industries, we have put together this guide, which provides an initial overview of the key legal risks associated with using […]
The Federal Trade Commission Published its Updated Endorsement Guides

The Federal Trade Commission (“FTC“) has recently announced the anticipated finalization of its updated Guides Concerning the Use of Endorsements and Testimonials in Advertising (the “Guides“). The updated Guides provide guidance to businesses regarding truthful advertising practices involving reviews and endorsements. The Guides reflect the FTC’s updated view on addressing the evolving landscape of advertising […]
Delaware’s Privacy Legislation Lands as the 12th Statewide Comprehensive Law

On 30 June 2023, the Delaware legislature passed the Delaware Personal Data Privacy Act (HB154), marking Delaware as the 12th state (and the 7th since the beginning of 2023) to enact a comprehensive consumer data privacy legislation. The bill joins the Delaware Online Privacy and Protection Act, which has been in effect since 2016. Once […]
Dr. Roy Schöndorf will be joining Herzog as a Partner

Dr. Roy Schöndorf joins Herzog as a Partner and will be responsible for a range of international and government related matters. Dr. Schöndorf began his legal career in the Israel Defense Force’s International Law Department, where he acted as a legal adviser in Israel’s negotiations with regional countries. Following his military service, Dr. Schöndorf completed […]
What do you know about Israeli Employment Law? Termination of Employment under Israeli Law

Dear Clients and Friends, We are pleased to present you with our third quarterly update for 2023. This time, we have chosen to devote our update to an issue that, unfortunately, is always relevant: Termination. Third update: what do you know about termination under Israeli Law? This update obviously cannot cover all aspects of this […]