Our client, Zoomin Software, has raised $52M in the C funding round

Our client, Zoomin Software, has raised $52M in the C funding round, barely four months after its previous round and at a significantly higher valuation. The investment was led by General Atlantic, a leading global growth equity firm, with participation from existing investors that include powerhouses Bessemer, Viola, and Salesforce. The Israeli startup headquartered in […]

Our firm represented TWC Tech Holdings II Corp in its merger with Cellebrite

Our firm represented TWC Tech Holdings II Corp, a Special Purpose Acquisition Company (SPAC) traded on Nasdaq in its merger with Cellebrite, a leading Israeli based digital intelligence solutions provider, for an estimated pro-forma equity value of $2.4 billion and $300 million committed PIPE for secondary purchase of shares from existing shareholders. Following the transaction Cellebrite […]

Important Google Play Policies Updates affecting Gambling and Gaming Apps, Loyalty Programs and Installed Apps Info

Google has recently announced significant changes to the Google Play Developer Policies. Among those changes, Google updated its policy regarding real-money gambling apps, user data and file access permission, as well as provided further clarifications and examples of common violations of other existing policies. Additionally, Google revealed its new Package Visibility policy, which is aimed […]

International Commercial Arbitration – Israel’s Step Forward

The Ministry of Justice has published for Comments a Draft for a new International Commercial Arbitration Law Dear Clients and Colleagues, The Israeli Ministry of Justice has recently published a draft of an international commercial arbitration bill proposal, which will, if enacted, take Israel a considerable step forward in its arbitration “friendliness”. Following the public’s […]

Amendment to the Anti-Money Laundering Order – Application to Financial Asset Service Providers and Updating Credit Service Providers Obligations

Dear clients and colleagues, On March 14, 2021, an amendment to the Israeli anti-money laundering order that applies to credit service providers[1] (was published in Israel’s official Gazette. This amendment mainly imposes obligations under the anti-money laundering and terror financing regime, on financial asset service providers (by expanding the order applicable to credit service providers […]

Important Client Update –Royalty Payments for Patents after their Term has Expired

Dear Clients and Colleagues, On March 11, 2021, the Tel-Aviv District Court ruled, in TA 4335-05-17 Cellopark Technologies Ltd. v. Pango Mobile Parking et al, that contractual provisions imposing an obligation to pay royalties for use of a patent after its term has expired are illegal. This is the first published decision since 1989 in […]

Crypto Regulatory Updates – April 2021

Dear clients and friends, We are pleased to highlight below some key regulatory developments related to the regulation of cryptocurrencies and cryptoassets in various jurisdictions from the recent weeks. We will be happy to further review and elaborate on each of these updates, their implications and any other questions you may have. Kind regards, Ariel […]

Draft Bill of Spousal Covenant

Dear Clients and Colleagues, We are writing to update you regarding the Draft Bill of Spousal Covenant for Persons Having No Religious Affiliation (Amendment) (Extension of Application and Additional Provisions), 5781- 2021 (the “Draft Bill“). The Draft Bill proposes that the applicability of the Act on Spousal Covenant for Persons Having No Religious Affiliation (the […]

New Directive Regarding Returned Exports -Update

Dear Clients and Colleagues, Following requests addressed to the Customs Authority, the new directive regarding returned exports was canceled. The Tax Authority intends to issue an amended directive. We will update you within the publication of the amended directive. For the official publication (in Hebrew) >> click here We will be happy to assist in […]

Ahead of the Game | Partner Liran Barak’s Contribution to the 2020 Chambers Global Practice Guide

Gaming partner, Liran Barak, shares his  overview of the legislative and regulatory framework relating to gambling in the Israeli chapter of the recent “Chambers Global Practice Guide”. The 2020 guide discusses licences, gambling management tools, application fees, affiliates, responsible gambling requirements, gambling management tools, advertising, enforcement and tax. For the full chapter >> click here

The SPAC Attack and the Israeli Market

Tuesday, 6 April 2021 | 17:00 – 18:30 (IST) | Webinar Special Purpose Acquisition Companies (SPACs) became the major trend in Wall Street in the last year. Please join us on 6 April, 2021 for a webinar that will cover the following matters: What is a SPAC? Lifecycle of a SPAC Going public: IPO vs. SPAC […]

An Overview of Merger Control Laws & Regulation Applicable in Israel

Our partners, Talya Solomon and Iris Achmon, who lead our Antitrust and Competition Practice, were invited to write a chapter for the prestigious The Legal 500 (Legalease). In the chapter, they review the updated Merger Control laws and regulations applicable in Israel. Beyond reviewing current laws, they also provide context and a forecast about potential changes in the regulatory […]

Client Update- Easing of Workplace Restrictions

Dear Clients and Colleagues, In light of the continuing decline in Covid-19 infection rates, the government has decided to amend those certain regulations, which imposed restrictions on workplace activity. According to the amendment to the regulations, as of today, March 18, 2021, the following changes will apply: Cancellation of the Obligation to Conduct Temperature Checks: […]

Spanish Data Protection Regulator Imposes Its Highest Fines

Technology & eCommerce Regulation in the Spotlight In the last couple of months, the Spanish data protection authority (“AEPD“) issued three sanctioning decisions, imposing fines more than thirty times higher than the previous top three fines it imposed under the GDPR. The importance of these enforcement decisions, beyond the significant amount of the fines, is […]

Discover Israel’s Smart City Innovation Webinar

How is technology serving municipalities and helping in offering residents better services? Our Japan Practice hosted a webinar discussing Smart Cities and Innovation in Israel in collaboration with The Israel-Japan Chamber of Commerce as a satellite event to the Economic Forum between Japan and Israel. Our partner and Head of Japan Practice Gilad Majerowicz led […]

The Israel Tax Authority to Advance Profit Split over Cost Plus for R&D Centers

Dear Clients and Friends,  In a recent conference attended by high ranking officials of the Israel Tax Authority (ITA), the ITA indicated that it would soon publish a circular addressing its views regarding the proper transfer pricing methodology with respect to research and development (R&D) centers in Israel providing R&D services to related parties abroad. […]

Our client, the Israeli startup H2Pro has completed a $25M funding round.

H2Pro develops a breakthrough technology to separate the Hydrogen and Oxygen molecules in water without creating and releasing greenhouse gases. We thank Hanan Haviv, Head of the Hi-Tech Department and his associates Rei Even-Chen, and Tomer Amsalem who represented H2Pro. For the article in TheMarker >> click here

Crypto Regulatory Updates March 2021

Dear clients and friends, We are pleased to highlight below some key regulatory developments related to the regulation of cryptocurrencies and cryptoassets in various jurisdictions from the recent month. We will be happy to further review and elaborate on each of these updates, their implications and any other questions you may have. Kind regards, Ariel […]

New Amendment to the Israeli Insolvency Law

New Amendment to the Israeli Insolvency Law – grant of the option for a stay of proceedings against a corporation for the purpose of approving a debt arrangement without the appointment of an external officeholder to replace the company’s management Dear Clients and Friends,  On 4 March 2021, an amendment to the Israeli Insolvency and […]

Discover Israel’s Smart City Innovation -An insight into solving city needs

March 11th | 10:15-11:30 (IST), 17:15-18:30 (JST)   Greetings Adv Zeev Weiss- Chairman Israel Japan Friendship Society & Chamber of Commerce Motoki Kutita- Commercial Attache, Embassy of Japan in Israel   Experts Panel Moderator: Gilad Majeowicz– Partner, Head of Japan Practice, Herzog Fox & Neeman Tsvi Lev- General Manager of NEC Israel Research Center Dr. […]

Israeli Women in Law

Israeli Women in Law In recent years, the percent of women practicing law is growing rapidly paste. As the century turned, this trend became even more prominent. By the late 2000s, in many countries around the world, 50% of practicing lawyers were women.  Although this transformation is, by all means, positive, there is still much […]

Our client Pliops, has completed a financing round of $65M

Our client, Pliops, an up-and-coming start-up in the field of storage processor and database acceleration, has completed a financing round of $65M led by Koch Disruptive Industries with the participation of all existing investors. This funding will enhance Pliops ability to deliver game-changing value for enterprise and cloud customers. We thank Hanan Haviv, Head of the Hi-Tech […]

The Dubai Advantage- Technology Sector Opportunities in Dubai

Tuesday 16 March 2021 | 10:00 (IST) , 12:00 (Dubai) Opening Remarks  Adv. Daniel Reisner Partner and Chair of Herzog’s International Law, Trade and National Security Department Welcome Remarks by Dubai FDI Mr. Ibrahim Ahli Director, Investment Promotion Division, Dubai FDI Intro to Dubai: Doing Business and Expectations Ms. Rahma Al Shihhe Project Manager, Smart […]

Maple & Honey Forum Webinar | Canadian SPACs and IPOs for Israeli Tech Companies

Please join us on March 9 for the Maple & Honey Forum special presentation on Canadian Special Purpose Acquisition Companies (SPACs) and IPOs. This webinar will be hosted by Aviram Hazak, M&A partner at Herzog Fox & Neeman, and Aaron Sonshine, Ted Shoub and Elad Travis, co-heads of Canada-Israel initiative at leading Canadian law firm […]