The Ministry of Finance’s November 2023 outline, as amended and approved to date: The Israeli Ministry of Finance has published a revised compensation plan to support businesses affected by the Sword of Iron war commenced following the 7 October 2023 terror attacks against Israel. The outline includes a business continuity grant for businesses all over […]

In light of the ongoing Swords of Iron war, the Israeli court have issued regulations amending typical filing timelines and court operations. These regulations are updated regularly and as such changes should be tracked. Law on Postponement of Deadlines (Order of Time – Iron Swords) (Contract, Judgment or Payment to the Authority), 2023 (the “Law”) […]

Many of our friends will have seen the overwhelming community spirit and large number of civil and business initiatives established in the wake of the 7 October 2023 terror attacks on Israel.  There is no shortage of extremely worth causes (many philanthropic causes can be seen here).  In addition, many of Israel’s leading law firms […]

The Ministry of Finance’s November 2023 outline, as amended and approved to date: The Israeli Employment Service has outlines certain concessions (summarized at the bottom of the Ministry of Finance’s circular) regarding the ability for businesses to put staff on unpaid leave, and the corresponding rights of those on whom unpaid leave is imposed. These […]

In a significant move to fortify Israel’s high-tech sector during this period of uncertainty caused due to the on-going Swords of Iron war, the Israel Innovation Authority (the “IIA”) has acted to provide certain benefits to Israel’s start-up eco-system: Fast-Track to extend startups runway: the IIA has launched a fast-track funding option – with a […]

As previously reported by ERM [https://bit.ly/43F3uvQ], the European Commission adopted its adequacy decision for the EU-U.S. Data Privacy Framework on 10 July 2023. US companies that are certified under the Data Privacy Framework (“DPF”) may now receive personal data from EU-based data exporters without the need for additional data protection safeguards. One noteworthy change brought by […]

The European Commission adopted its adequacy decision for the EU-U.S. Data Privacy Framework on 10 July 2023. According to the adequacy decision, “the Commission concludes that the United States ensures an adequate level of protection for personal data transferred under the EU-U.S. Data Privacy Framework from a controller or a processor in the Union to certified […]

GDPR permits data transfers to countries outside the EU / EEA only if certain safeguards are implemented to ensure an adequate level of data protection in the country of the data importer. The most common safeguard for securing such transfers are the so-called ‘standard contractual clauses’ (“SCCs”). On 4 June 2021, the EU Commission published […]

The European Data Protection Board (the Board) has recently published practical guidance on how organisations should approach international data transfers of personal data of EU residents. This guidance includes recommendations on supplemental measures that can be adopted to help protect such personal data from access of governmental authorities outside of Europe. The guidance follows the […]

The European Commission recently published a detailed report on the ethical issues associated with connected and automated vehicles. The report aims to promote a safe and responsible transition to connected and automated vehicles (CAVs) by engaging the various players in the field, such as manufacturers and deployers, policymakers and researchers, in considering these ethical considerations. […]

The COVID-19 crisis has affected multiple industry sectors and disrupted economic processes. Because of the increased burden that the pandemic has placed on the medical device industry, the application of the Medical Device Regulation (“MDR”) was postponed by one year. It will now apply from May 26 2021 (instead of 2020). Since the MDR also […]

The Court of Justice of the European Union (“ECJ“) issued its judgment in the Schrems II case on 16 July 2020. The ECJ declared the EU-US Privacy Shield invalid. As a result, personal data of EU residents can no longer be lawfully transferred into the US based on the Privacy Shield. At the same time, […]

While Israel does not participate in the World Forum for Harmonization of Vehicle Regulations, the new UN Regulations that will be further elaborated in this article are extremely relevant for Israeli companies active in the field of autonomous and connected vehicles. These companies are advised to familiarize themselves with the requirements of the UN Regulations […]

From 12 July 2020 onwards, the Regulation of the European Parliament and of the Council on promoting fairness and transparency for business users of online intermediation services (2019/1150) (the “Regulation”) will directly apply in EU member states. With the Digital Single Market being a focus point of the European Commission, this Regulation aims to strengthen […]

Natalie Noy, Co-Head of ERM’s High-tech & Venture Capital practice, in an interview for Calcalist regarding the uniqueness of the high-tech niche. Natalie shares her predictions for 2020 in tech and investments and talks about what guided her to strive to be a leading female advocate in her field. for further reading (He) click here.

How will the post-Covid19 recession affect the Israeli real estate market? Yoav Zahavi, Co-Head of ERM’s Real Estate & Urban Renewal practice, reviews for Calcalist the trends that purchasing groups had undergone in recent years, and explains why we are expected to witness a re-growth of this sector in light of the decline in economic activity. for […]

Gilad Maoz, Partner and Head of Real Estate, Urban Renewal, and Hospitality practice, in an interview to “Calcalist” regarding the emerging trends in the Israeli hotel industry, Click for more information (Hebrew)

The European Data Protection Board (“EDPB”) published draft guidelines including specific data protection and privacy concerns in relation to connected vehicles and mobility-related applications. The guidelines are open for public consultation until 20 March 2020. Personal Data The EDPB emphasizes that most data collected via connected vehicles is personal data, even if the data collected […]

  Roni Abelski Partner and Head of German Desk in an interview to “Calcalist” regarding the new reform intended to limit Berlin’s boiling real estate market Click for more information (Hebrew)

Following heavy American pressure, the Israeli cabinet yesterday approved the establishment of a national committee for the monitoring of foreign investments in Israeli companies and infrastructure projects.  The cabinet has yet to adopt guidelines or a timetable for implementation. This initiative, when implemented, is expected to have a major impact on the flow of investment […]

Simon Marks, partner in the Hi-Tech and Start-Ups department, shares his views on the relation between GDPR and digital health. For further reading, please click here.

Please click here for our latest bulletin on recent developments in the labour law field concerning the length of the work week, overtime work and night work. For further information, please contact Maya Schneider Hecht who leads our employment practice .

Please click here to read our bulletin which consolidates the main legal developments introduced in employment law during the final quarter of 2017. For further information, please contact Maya Schneider who leads our employment practice .

Please click here for a summary of the essential and practical information relating to employment relations and labour law in Israel. It is intended to provide you with valuable, albeit rudimentary, information, when considering opening a business in Israel. For further information, please contact Maya Schneider who leads our employment practice.

The European General Data Protection Regulation (“GDPR”) will come into force in May 2018 and Israeli companies need to ensure that they comply with the new laws on data protection and privacy. Please click here or on the image below to read our bulletin which outlines the ten most critical steps that should be taken in preparation for the GDPR. Corporate and M&A practice […]

Please click here to read our bulletin where we have provided an update on regulations that establish rules for employers seeking to provide employees with an electronic (rather than printed) pay slip. For further information, please contact Maya Schneider who leads our employment practice.

In this news bulletin, our real estate team have provided two legislative updates; one relates to the amendment to the Sales Law for apartments; the second relates to the amendment of the Rental Law. Please click here or on the image below to read the bulletin in full [in Hebrew]. חדשות נדלן  

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 […]

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 […]

Past decades have seen an increase in the role played by equity based awards in the various incentive packages offered by companies to their employees and service providers in Israel. In our latest bulletin we provide a general overview regarding the legal aspects relating to the granting of such awards as well as the main […]

What are the obligations on employers in the prevention of sexual harassment? Please click here to read our bulletin that details the legal obligations of employers to prevent and confront incidences of sexual harassment in the workplace. The bulletin describes how meeting certain standards, aimed at eliminating sexual harassment in the workplace, can also significantly mitigate employer liability. […]

New Israeli legislation regulating the non-institutional financial services sector in Israel (the Financial Services Supervision (Regulated Financial Services), 5776 – 2016 Law, the “Law”) was adopted by the Israeli legislature in July 2016. The law imposes a new licensing regime, by authorising the Ministry of Finance (principally through the Capital Market, Insurance, and Savings Commissioner) […]

New guidelines have recently been published by the Electricity Authority for bidders wishing to apply for tariff licenses to produce the new quota of over 1,000 Megawatts that is required for the government to meet its electricity production target of 10% produced through renewable energy by 2020. The guidelines are unique as it is the […]

ERM partners Nimrod Rosenblum and Itai Yonai feature in the latest edition of International Financial Law Review magazine, the market-leading financial law publication for lawyers in financial institutions, corporates and private finance. In the article “Israel LBOs face practical challenges” they address one of the most notable challenges in structuring an LBO of an Israeli target, namely the limitations imposed on Israeli companies […]

The Israeli Ministry of Natural Infrastructure, Energy and Water Resources has released plans to launch an offshore bid round to expand offshore exploration and production activities, which is part of wider plans to develop Israel’s offshore hydrocarbon resources, and to make Israel a center for the petroleum industry. ERM oil and gas partner, Asaf Rimon, […]

The General Data Protection Regulation (“GDPR”) of the European Union has significant consequences even for those companies located outside of the EU, raising the standards for data protection and introducing new and significantly higher fines for non-compliance to ensure that they comply with the new regulatory framework. The following bulletin summarises those provisions that are […]

Recent draft regulations published by the Israeli Defense Export Controls Agency (DECA), propose to increase the supervision of exported Israeli cyber systems, by requiring Israeli companies which export cyber products and services with offensive capabilities to first apply for a permit from DECA, a process similar to when exporting weapons systems.  Since its publication, the […]