Congratulations to ProteanTecs on a $45 million investment round
We are very excited to have represented our longstanding client, proteanTecs, in reaching yet another remarkable milestone, raising $45 million from Koch Disruptive Technologies and other world-renowned new and existing investors. This investment will further solidify the company’s leading position in unlocking valuable insights to chip reliability and performance. Our partner, Alon Lederman, associate Rei Even-Chen and […]
How will the relationship with investors from the United Arab Emirates look like?
How will the relationship with investors from the United Arab Emirates look like? “Investors from the UAE are of a different kind – they are investors as well as strategic partners” – our partner, Nimrod Kozlovski, explained at the CTech by Calcalist conference. To learn more and know what to expect from Israel’s new trade partner >> click here
We are excited for our client Cannabotech – The Botanical Pharmacy
We are excited for our client Cannabotech – The Botanical Pharmacy, which develops innovative medical and pre-medical products based on cannabis and mushroom extracts. Cannabotech intends to launch CBD-based health products and medicinal mushrooms into the UK market very soon. Last week, Cannbotech issued a prospectus for an initial public offering of its shares, without listing […]
Charitable Organisations in Israel: Overview 2020, Global Guide by Thomson Reuters | Partner Asher Dovev Contributes
We are proud of our partner, Asher Dovev, who has shared his expertise in the field of non-profit entities and authored the chapter on Israel in The Practical Law: Charities, published by Thomson Reuters – the only international publication of comparative law for non-profit organizations. The article is in a Q&A format to comfortably present information […]
Destination Africa: Continent of Tomorrow Series
Direction and Opportunities: East Africa Webinar- September 15th, 15:00-17:00 (Israel time) 12-2PM GMT Destination Africa: Continent of Tomorrow Series is a gathering point between public and private initiatives in Israel and opportunities in African countries. Join us to strengthen the partnerships between Israel and East African Economies! 1. Fireside chat – Governmental Policy, Strategy and […]
Client Update | Israeli Tax Authority – “Exporter Affidavit”
The following update addresses the issuance of a “temporary directive” by the Israeli Tax Authority – the “Exporter Affidavit” form, which will take effect from September 1, 2016 (“the Directive”). It will serve as an additional requirement for exporters to complete, as part of the Israel Government’s enforcement of the Defense Export Control Law, 2007 […]
Partner Eyal Bar-Zvi talks Transfer Pricing in Lexology Transfer Pricing 2021
We’re delighted to present partner Eyal Bar-Zvi’s contribution to the 2021 edition of The Transfer Pricing Law Review. Eyal has over a decade of experience in the field of Transfer Pricing and he is a member of several national and international bodies in the Tax, Hi-Tech and Transfer Pricing spheres. For the full review >> click here […]
Partner Gilad Majerowicz spoke to i24NEWS about the potential business effects of the Israel-UAE peace deal on business activity between Israel and Asia.
“What we see these days is a domino effect, where the change of the environment between Israel and Arab countries affects the business relations between Israel and Asian countries” our partner and co-Head of Asia Practice, Gilad Majerowicz, spoke to i24NEWS about the potential business effects of the Israel-UAE peace deal on business activity between […]
PEI (Petroleum and Energy Infrastructure) has successfully completed a funding round of NIS 350M
PEI (Petroleum and Energy Infrastructure) has successfully completed a funding round of NIS 350M. The bond offering had a significant demand that reached NIS 1.34B, more than five times of the funds expected to be raised. The capital is meant to finance, among other things, the connecting of private power plants to the company’s central fuel […]
Preparing for a World Without LIBOR | Where Are We Now?
At the end of 2021, we will part from the LIBOR rate, and adjust to new interest benchmarks. The time to prepare for this big transition is now and preparation is key. We partnered with the Israeli Treasury Forum for a webinar that will help you, finances and funding professionals, as well as investment and […]
Herzog Fox & Neeman’s United Arab Emirates Practice
Dear clients and colleagues, In an unexpected diplomatic breakthrough, Israel has announced a Peace Agreement with the United Arab Emirates, and the establishment of full diplomatic relations. This breakthrough is expected to lead to a huge upsurge in bi-lateral trade, investment and tourist opportunities between Israel and the UAE. Herzog Fox & Neeman has been […]
Charity Law 2016-17, Global Guide by Thomson Reuters | Partner Asher Dovev Contributes
Asher Dovev, Partner and Co-Head of the Charities, Non-Profit Organisationans and NGO’s practice area recently contributed the chaper in the Global Guide 2016/17 Charity Law published by Thomson Reuters. The chapter provides an overview of the charitable organisations in Israel. To read the full chapter >> click here
How does Covid-19 pandemic affect investment law and international trade?
“A state’s response to an unprecedented public health crisis should not be regarded as in an isolated manner, but rather with the full proper context of the global pandemic”. How does Covid-19 pandemic affect investment law and international trade? Our partner Saar Pauker and associate Sapir Halima Dolinger addressed this topic in the Covid-19 pandemic […]
Partner Yair Geva Interview to i24NEWS
The Israeli Hi-Tech sector is expected to be one of the biggest beneficiaries of the new agreement between Israel and the United Arab Emirates. Our partner, Yair Geva, told i24NEWS that he predicts that venture capital from the UAE will start flowing even more freely to Israeli startups, now that their relationships can be direct and in the […]
Our clients, the Swiss fund Forestay Capital SA and the investment fund Genesis Partners, are the leading investors in the latest capital raise by Israeli startup K2View
We are happy to take part in another successful funding round in the data management and DataOps sector. Our clients, the Swiss fund Forestay Capital SA and the investment fund Genesis Partners, are the leading investors in the latest capital raise by Israeli startup K2View. The company allows easy but secure access and monitoring to an organization’s data and […]
Congratulations to Noble Energy and its partners, Delek Drilling and Ratio Oil, on starting production from the Leviathan Project
Natural gas from the field is now flowing to Israel and Jordan, while export to Egypt is due to commence shortly. The historic $3.6 billion project paved the way for Israel’s energy independence and a new era in its relations with neighboring countries. We are proud to have taken part in bringing it to fruition! […]
Managing partner, Meir Linzen, spoke to Globes about our work in the UAE and what the new agreement between the countries might bring
We are excited to finally be able to share with you some of our activities in the United Arab Emirates. For over a decade, we have been representing private and institutional clients from the UAE in their activities in Israel and globally. We also formed Herzog Fox & Neeman Strategies, to advise and consult on […]
What are the consequences on contract law caused by the Covid-19 pandemic?
What are the consequences on contract law caused by the Covid-19 pandemic? Our partners, Gilad Wekselman and Racheli Pery Reichman, associate Shahar Iluz, and intern Neri Lavi represent the operators of an events venue, with respect to the evacuation verdict the operators received, following a dispute regarding the rent with the owners of the location. The case […]
Are employers allowed to prevent their employees from going out of the country, when it will require a quarantine upon return?
While the notion of travelling abroad for vacation seems like a distant memory, COVID-19 continues to raise new issues regarding vacation time. Are employers allowed to prevent their employees from going out of the country, when it will require a quarantine upon return? How does unpaid time off influence the accumulation of vacation days? Our […]
Herzog Fox & Neeman’s client Superbet has acquired a controlling stake in the startup Lucky7
Our client Superbet has acquired a controlling stake in the startup Lucky7. The acquisition will expand Superbet’s reach in Europe’s online gaming market. Our partners Gil White and Adam Salkin worked with their team associates Aaron Simons, and Mohammad Mawasi, to help Superbet achieve their goal. For further reading >> click here
Requirement to Conduct a Hearing for Contractor Employees
Dear Colleagues and clients, We wish to update you of a new and fundamental ruling by the National Labour Court, regarding the duty of the user of contracted services, to conduct a hearing for the contractor’s employees, especially in cases in which the user of the services (the “User”) wishes to end the placement of […]
Africa, Shine on! | Ghana -Israel Relationship and Opportunities
Hosted by Yossi Abramowitz Energiya Global, SID Israel and Herzog, Fox & Neeman invite you to join H.E. Mrs. Hannah Ama Nyarko, The Ambassador of Ghana to the State of Israel ,to learn about the Israel-Ghana relationship, discuss how to advance and expand our cooperation, and get an update on COVID 19, with a special look at […]
Changes in the purchase tax rates for a second residential apartment
Dear clients and colleagues, Several years ago, a temporary order for the period between June 24, 2015 and December 31, 2020 (the “Temporary Order”), determined that the purchase tax rates in Israel for a second residential apartment was increased in order to discourage investors from purchasing apartments in Israel. Accordingly, purchasing an investment apartment in […]
Protection of Privacy Memorandum
Dear clients and colleagues, On July 23, 2020, the Ministry of Justice issued, for public comments, a memorandum of law to amend the Protection of Privacy Law, 1981 (the “Law”), which seeks to reduce the scope of the obligation to register databases, as well as to amend certain definitions in the Law. It appears that […]
Congratulations to VGames on the Formation of a New Venture Capital Fund
We are proud to work with VGames on the formation of a new venture capital fund, dedicated to investments in Game Studios in their early stages. VGames was formed and is managed by Eitan Reisel, a former Google executive, and its anchor investor is Viola Ventures, one of Israel’s leading venture capital funds, alongside other local and international investors. […]
UNFOLDING PANDEMIC | LEADERS NAVIGATING THE UNCHARTED
Join partner Nimrod Kozlovski at the FutureMed 2020 online conference. FutureMed 2020 is a high-profile, globally broadcast conference featuring perspectives and practical insights from world leaders, decision-makers, experts, and other thought leaders directly involved in all aspects of responding to the recent Covid-19 emergency. For more information >> click here
What are “Alternative Trading Systems” and “Dark Pools” and is this the time for them to exist in Israel?
What are “Alternative Trading Systems” (ATS) and “Dark Pools” and is this the time for them to exist in Israel? A few days ago a legislation draft was published, which will push forward the establishment of ATS in Israel. Our partner Liat Maidler and associate Zac Rechtschaffen explain to Globes the advantages and disadvantages of this new legislation. For the full […]
Herzog Fox & Neeman represented Macquarie Capital
We are happy to announce another exciting investment in the cyber security sector. Our client, Macquarie Capital, led an investment round in XM Cyber, a startup developing a simulation and remediation platform to expose cyber attacks. The Series B funding round generated $17 million that will allow the company to grow both its R&D department and its […]
Congratulations to Bank Leumi, Psagot and Amitim Group on the “Etgal” Power Plant on Ashdod
We recently represented a group of lenders comprised of Bank Leumi, and funds under management of the Psagot and Amitim Groups, in a deal to finance the a new power plant to be constructed by the Shikun & Binui Group in Ashdod, in the sum of NIS 570 million. The transaction, which remains subject to […]
Publication of Draft Provision of Financial Information Services Law, 2020
Dear Clients and colleagues, In recent years, the Israeli government and the Bank of Israel have removed certain barriers to competition in the financial market, and specifically in the banking system, in an effort to facilitate the entry of new participants. The changes include reducing the level of capital requirements required from banks, deposit unions […]