Herzog accompanies the operations of ARGIS in Israel

Our warm greetings to ARGIS, for closing an investment of approximately NIS 500 million, in an offices building in Bilbao, Spain, through a designated SPV held in 49% by the investment house Meitav. Herzog’s funds team accompanies the operations of ARGIS in Israel, including ARGIS Opportunity fund investing in real estate in Spain. Adv. Gal […]

Herzog represented Beringea LLP as lead investor in the series A round of WS Holdco, PBC

We are proud to have represented Beringea LLP, a leading UK venture capital investment manager that operates publically-traded funds listed on the London Stock Exchange, as lead investor in the series A round of WS Holdco, PBC (doing business as WiredScore), a U.S. company that provides a global digital connectivity certification system for buildings, helping […]

Herzog represented Airobotics in its acquisition by Ondas

We are pleased to announce that Herzog represented Airobotics in its acquisition by Ondas. Ondas will acquire all of the share capital of Airobotics through a reverse triangular merger, in consideration of Ondas shares. The transaction is expected to close in the second half of 2022. The Herzog team was led by partners Yuval Meidar, […]

Our client Unity Software announces merger agreement with ironSource

We are proud to have represented our client Unity Software Inc. (NYSE: U) in the negotiation and signing of a definitive merger agreement pursuant to which ironSource Ltd. (NYSE: IS) will merge into a wholly-owned subsidiary of Unity in an all-stock transaction, representing a total value for ironSource of approximately $4.4 billion. This big consolidation […]

Congratulations to our client, Graphyte on in its acquisition by Optimove

Congratulations to our client, Graphyte, the UK-based marketing personalization platform for the gaming industry, in its acquisition by Optimove, a leading CRM Marketing Platform. Our team was led by our corporate partner, Adam Salkin, together with tax partner, Dr. Ehab Farah. We were pleased to work together with the UK-based law firm, Garfield Smith – […]

Herzog represented Bank Leumi in its $500 million international senior notes offering

We are very proud to have represented Bank Leumi in its $500 million international senior notes offering. This is the first ever international offering of senior notes by an Israeli bank. Citi acted as global coordinator, and J.P. Morgan, Barclays, Jefferies and UBS acted as joint bookrunners. Leumi Partners acted as local distributors. The project […]

Talent Agreement for plus 500 new advertising campaign

Our firm was delighted to provide entertainment law services for Plus500’s new campaign, handled skillfully by our partner, Irma Tschernia (Commercial, Gaming, Internet & E-commerce). Check out our client’s new campaign >> click here

Up to £4M In Funding: UK-IL R&D Call Networking and Info Meetup

**Thank you for your interest, we’ve now reached the RSVP limit for the event! Please register on the waitlist and we will release tickets as they become available. ** Join us for drinks, nibbles, and networking to launch the UK-Israel Collaborative R&D Call – up to £4 Million in available funding! About this event An […]

Reduction In Amounts Permitted to be Paid in Cash as of August 1, 2022

Dear clients and friends, The Law for the Reduction in Use of Cash, 2018 (the “Law” or the “Cash Law”) places restrictions on the use of cash (including foreign currency) and cheques, as part of the combat against crime, including serious crime, tax evasion, money laundering and terror financing. We would request to turn your […]

China Publishes Required Measures on Security Assessment for Data Exports

The Cyberspace Administration of China (“CAC“) released on 7 July 2022 the Measures of Security Assessment for Data Export (“Measures“). The new Measures provide much needed clarity with respect to the general requirement to perform a security assessment prior to cross-border transfers of personal data set forth in Article 38 of the Personal Information Protection […]

A Fundamental Reform of the Israeli Telecommunications Licensing Regime

Dear clients and friends, We wish to update you that the Israeli Parliament has passed a comprehensive amendment (“Amendment no. 76” or the “Amendment“) to the Communications Law (Telecommunications and Broadcasting) (the “Telecommunications Law“) which fundamentally changes the existing licensing regime and establishes a completely new regulatory framework.[1]  According to a public announcement of the […]

The Criminal Information and Rehabilitation of Offenders Law-2019

Dear Clients and Friends, On 12th July 2022, after a number of amendments and delays, the Criminal Information and Rehabilitation of Offenders Law, 5779- 2019 (the “Criminal Information Law”) came into force. The Criminal Information Law cancels and replaces the earlier Criminal Register and Rehabilitation of Offenders Law, 5741- 1981.  The new Law includes a […]

New Supreme Court Decision on Parallel Imports

On July 5, 2022, the Israel Supreme Court in CA 7934/20 Jafora Tabori Ltd. v. Ben Shlush Import and Export Ltd. ruled that a parallel importer  of “Schweppes” soft drinks, which were manufactured in Ukraine by the trademark owner of the mark “Schweppes” in Ukraine, infringes the trademark “Schweppes” registered in Israel by the Israeli […]

EU Advances its Comprehensive Crypto Regulation

Last week, the European Union policymakers reached provisional agreements on two significant regulatory initiatives affecting the crypto assets sector: the Markets in Crypto-Assets (“MiCA“) Regulation proposal, and an extension of the Anti-Money Laundering (“AML“) transparency rules on transfers of funds to crypto-assets. The first provisional agreement – reached by the EU Council presidency and the […]

Standardization Updates

Dear clients and colleagues,  We would like to inform you of several updates in the field of standardization:  1. The Standardization Reform:  Background On June 1, 2022, the Standardization Reform entered into force. This reform was approved in late 2021 under the Economic Plan Law (Legislative Amendments for Implementation of Economic Policy for 2021 and […]

The Complete EU-US Data Protection Laws Playbook

Dear clients and friends, The European GDPR came into force 4 years ago, and introduced a new comprehensive data protection regime affecting companies all over the world. Until recently, the only comprehensive consumer data protection law in the United States was the California Consumer Privacy Act (“CCPA”). However, a growing number of US state legislators […]

Welcome to Israel – Traded Foreign Funds Managers

A significant step towards opening the Israeli capital market to the largest and most professional asset managers in the world! On May 25, 2020 The Israeli Knesset Finance Committee approved the amendment to the Joint Investment Trust Regulations, encouraging new foreign traded funds to be dual listed on the Tel Aviv stock exchange. Pursuant to […]

Alliance Ventures keep investing in the Israeli Automotive market

Alliance Ventures keep investing in the Israeli Automotive market. Operated by the Renault-Nissan-Mitsubishi group, the strategic capital fund is the biggest investor in otonomo’s $46 million C round. Congratulations to the Alliance team – Christian Noske and Jonathan Salomon. We are proud of the trust that Alliance has put once again in our hi-tech team […]

Our Client Coro recently completed its Series C financing round

Congratulations to Guy Moskowitz and the great team at Coro for closing $80M financing round. We are proud and honored to support Coro for many years, and specifically on this significant round that will be used to further accelerate company’s amazing growth. Balderton Capital led this round with the participation of the long-term supportive investor – JVP (Yoav Tzruya). Our partners Yoni Frider, Raz […]

Hacking the Metaverse- Key Cybersecurity Concerns & Challenges

Hacking the Metaverse | Key cybersecurity concerns & challenges

June 15 | 09:30-11:30 | Herzog Tower Although the Metaverse still evolving, you can see more and more companies storming this domain, join us for an industry leaders’ panel to hear and learn about the new Cyber risks the Metaverse may bring and how to address them. For more details & registration >> click here

Practical Insights into Commercial Arbitration in the Abraham Accords Economy

Zoom Webcast | June 21, 2022 1:00pm London | 4:00pm Dubai | 3:00pm Tel Aviv | 8:00am New York The Abraham Accords, a set of normalization agreements entered into in late 2020 by Israel, the United Arab Emirates (UAE), Bahrain, Sudan, and Morocco, are reshaping the economy of the Middle East. Commercial disputes will inevitably […]

Update regarding employment of asylum seekers from Ukraine with a B-2 visa

Dear Colleagues and Customers, We would like to draw your attention to an important Update from the Population and Immigration Authority regarding the employment of foreigners from Ukraine currently residing in Israel. According to the Update, the residence permit for foreigners holding Ukrainian passports and residing in Israel on a B-2 visa (tourist), and who […]

New Directive Regarding Returned Exports and Temporary Entry

Dear friends and colleagues, As a follow-up to our client update from February 16, 2021, we would like to update you that a new Customs procedure regarding importing goods under customs items 810 and 212, is expected to come into effect on June 1, 2022. Item 810 grants a tax exemption on the import of returned exports, and item […]

Updates to Covid-19 Regulations for Entry into Israel (May 17, 2022)

Dear Clients and Colleagues, We wanted to provide information regarding the Israeli Government’s latest changes to its policies for the entry into Israel. Effective Friday May 20 at midnight (on the night between Friday and Saturday, May 21), the following guidelines will take effect. For both Israeli citizens and non-citizens, a negative Covid-19 test will […]

ESG – Climate Change – Sustainability: Corporate Transition to the New Economy

Herzog Tower, 6 Yitzhak Sadeh St, Tel Aviv IATI is partnering with Herzog Fox Neeman on a series of workshops designed to provide practical tools for successful corporate navigation into a new global economy governed by the principles of ESG, climate change and sustainability. The series is exclusively curated to address IATI members’ global business […]

Crypto Advertising – Practical Guidelines

Dear Clients and Friends, Various regulatory aspects that apply to the offering of crypto assets and services are constantly evolving. The recent weeks also saw a growing global trend towards applying existing and new regulatory standards on advertising of cryptoassets. We are happy to share our practical crypto advertising guide, which highlights the key common requirements stemming from this […]