Yaniv Ozana, Author at Epstein Rosenblum Maoz (ERM)

ERM is delighted to announce that Erez Gurion has joined as partner in our real estate and urban renewal practice.

Erez brings significant experience in complex real estate transactions as well as real estate project finance, having previously worked as partner in the real estate department at another leading Israeli law firm. In addition to this, Erez also served at the Military Advocate General’s Office for thirteen years, in several positions, including as Head Legal Advisor to the Residential Projects Administration Unit.

For more information about Erez, please click here. For more information about ERM’s real estate and urban renewal practice, please click here.

Please click here to read our bulletin regarding two developments in the field of employment law that have taken place in June. One concerns a legislative amendment that allows employees to slightly reduce their working hours during the reserve service of their spouses; the second relates to a ruling which has established a new method for the calculation of severance pay for hourly-paid employees.

For further information, please contact Maya Schneider who leads our employment practice .

ERM has advised the Founders of Fireglass, a software company that has developed a system for isolating surfing within organisations on its acquisition by the US based and Nasdaq traded cyber security company Symantec for around $250 million.

The acquisition is significant as Symantec, one of the most prominent players in the field of information security, has almost no presence in Israel and it will lead to establishment of a development centre for the multinational as well enabling the company to broaden its security platform.

Natalie Noy, head of our high-tech and start-ups practice, led the team on the transaction which included Maya Schneider who leads our employment team.

For media coverage of the acquisition in English, please click here and for Hebrew, please click here.

High-tech and start-ups and employment practices

Epstein Rosenblum Maoz (ERM)’s high-tech and start-ups practice regularly provides legal advice to leading Israeli and international clients from pre-incorporation through to exit, as well as on the most complex transactions carried out in Israel and abroad.

ERM’s employment team has extensive experience advising international and Israeli corporations on a wide range of Israeli employment law and employment-related matters including incentive plans, severance and pension arrangements, prevention of sexual harassment, collective and union relations and employment aspects of M&A.

For more information on the acquisition or our high-tech and start-ups or employment practices, please contact Natalie Noy, Maya Schneider or another member of our team.

ERM has acted for Gilde Healthcare, a Dutch-based healthcare investor that has a portfolio of investments across Europe, on their $20 million investment in Nyxoah S.A., a medical device company focused on developing a neuro-stimulation based therapy for patients suffering from Obstructive Sleep Apnea (OSA).

The proceeds will be used to finance Nyxoah’s go-to-market strategy, including the BLAST OSA international study, CE Mark approval and the US FDA approval process.

Gilde Healthcare led the financing with participation from Belgium based investors SRIW and Novallia.

Simon Marks, co-head of our high-tech and start-ups practice, led the team.

For media coverage of the investment, please click here.

High-Tech and Start-ups practice

For more information on the investment or our high-tech and start-ups practice, please contact Simon Marks, or another member of our team.

ERM has acted for the Tahal Group, a leading global provider of sustainable infrastructure development projects, on the selling of its holding in the pumped-storage hydroelectricity project in Kochav HaYarden to the Noy Fund for approximately NIS 120 million.

Amnon Epstein and Lior Aharon, partners in our energy and infrastructure practice, led the team which included associate Eitan Lahyani and Of Counsel Orit Dayagi-Epstein.

For media coverage of the deal, please click here.

Energy and Infrastructure practice

Epstein Rosenblum Maoz (ERM) is considered a market leader in the renewable energy market, regularly acting for many of the leading Israeli and international owners, developers, EPC contractors and financiers in this sector.

For more information on this transaction and our energy and infrastructure practice, please contact Amnon Epstein, Lior Aharon or another member of our team.

ERM has the pleasure in hosting a book talk on Sunday 25 June where the author and lawyer Stuart H. Newberger will be discussing his fascinating new book “The Forgotten Flight” with Dr. Shuki Friedman.

On September 19, 1989, 170 people were killed when UTA Flight 772 was destroyed by a suitcase bomb planted by Libyan agents. Despite being one of the deadliest terror attacks in history, outside France it remained overshadowed by the Lockerbie bombing that had taken place ten months earlier. Both attacks were carried out at the instruction of Libya’s dictator Muammer Qaddafi, but while ‘Lockerbie’ became synonymous with international terrorism, UTA 772 became the ‘forgotten flight’.

As a lawyer, Stuart H. Newberger represented the families of the seven Americans killed in the UTA 772 attack. Now he tells the story of the ‘forgotten flight’.

17:45 – Refreshments
18:00 – Introductory remarks from Amnon Epstein
18:10 – Book talk: Stuart H. Newberger in conversation with Dr. Shuki Friedman
19:30 – Event ends

For further details, please click on the invitation below or RSVP to Efrat Black – [email protected] if you would like to attend.

About the speakers

Stuart H. Newberger is a Washington-based senior partner with the international law firm of Crowell & Moring. His practice centres on handling complex international disputes, many involving the actions of governments. He has over 30 years of “first-chair” experience as a trial and appellate advocate in the U.S. courts, as well as international arbitration venues around the world, including ICSID, PCA, ICC, ICDR, AAA, SCC, LCIA, Austrian Federal Economic Centre and ad hoc proceedings pursuant to the NCITRAL rules. He founded the firm’s “International Dispute Resolution” practice.

Dr. Shuki Friedman heads the Israel Democracy Institute’s Center for Religion, Nation and State and is a senior Of Counsel at ERM. He is a member of the Faculty of Law of the Peres Academic Center and served as secretary of the Locker Committee for Examining the Defense Budget, chairman of the government committee on the sanctions against Iran, and head of the international and foreign law department for the legal division of the Israeli Prime Minister’s Office. He received an L.L.B. and a B.A. in Economics and Middle Eastern Studies and an LL.M. and Ph.D. in Islamic Constitutional Law from Bar-Ilan University. He is a member of the Israeli Bar.

ERM has represented Karamba Security on its latest investment round, in which it has raised US$12m from a number of strategic and financial investors, which include: YL Ventures, Fontinalis Partners, GlenRock Israel, Paladin Capital Group, Liberty Mutual Strategic Ventures, Presidio Ventures and Asgent, Inc.

This latest funding brings the total raised by the company to approx. $17m. ERM has been advising Karamba Security since its incorporation.

Karamba Security is widely regarded to be one of Israel’s most promising startups, with innovative cyber security products geared toward the automotive, medical devices and IoT industries.

Our high-tech and start-ups team was led by Nimrod Rosenblum and included associates Galit Farkash and Guy Kofman and trainee Adi Debel.

For media coverage of the investment, please click here.

High-Tech and Start-ups practice

For more information on the investment or our technology practice, please contact Nimrod Rosenblum, or another member of our team.

ERM has acted for Chicago-based US agricultural processor, Archers Daniels Midlands (ADM) on their purchase of a controlling interest in Industries Centers EOD, an Israeli company which specialises in the import and supply of agricultural feed products.

ADM has approximately 32,000 employees servicing more than 160 countries and the acquisition of EOD, currently one of the largest importers and suppliers of its kind in Israel, will enable the company to reach new customers with a wide array of products.

Simon Marks, partner in our corporate and M&A practice, led the team which included associates Renan Tsoran and Raz Mechalovich, as well as trainee Adi Debel.

For coverage of the acquisition in Globes, please click here.

Corporate and M&A practice

Epstein Rosenblum Maoz (ERM)’s corporate and M&A practice is widely renowned for its cross-border M&A expertise and it regularly advises leading Israeli and international clients on the most complex transactions carried out in Israel or by Israeli companies abroad.

For more information on this transaction or our corporate and M&A practice, please contact Simon Marks or another member of our team.

Please click here to read our latest employment bulletin which provides a general overview of key legal developments introduced in the first quarter of 2017. The bulletin addresses a variety of issues including recent legislative amendments regarding maternity and paternity leave as well as case law concerning the use of biometric clocks in the workplace and the legality of global compensation for overtime.

For further information, please contact Maya Schneider who leads our employment practice .

ERM is proud to be a founding signatory of the Israel Diversity Standard and its “Statement of Principles“; a huge step for building inclusiveness for the LGBT+ community in the workplace.

The Israel Diversity Standard works with Israel’s leading organisations to establish a standard of support and equity for the LGBT+ community in the workforce and the Statement of Principles serves as a benchmark by which Israeli companies of all sizes can be measured for their inclusiveness and treatment of the LGBT+ community.

Jeremy Seeff, associate in our corporate and M&A and finance and banking teams, has taken a lead role, pro bono, in establishing the benchmark, which was launched at an event at the Tel Aviv Stock Exchange. The event was attended by hundreds including leading Israeli companies such as IBM, HPE, Stratasys and WeWork who are already signatories of the benchmark.

Epstein Rosenblum Maoz (ERM) is a leading law firm in Israel with particular expertise in international corporate, high tech and finance transactions. We act for a host of clients ranging from pre-incorporation start-ups to major international banks on deals ranging from small to multi-billion dollars in value. We are a long-term supporter of diversity efforts and provide pro-bono support to the Israel Diversity Standard.

For further information, please contact Jeremy Seeff.