Law Firm ILN-telligence Podcast | Episode 34: Gil Rosen | Joseph Shem Tov & Co. | Israel
EU foreign ministers have decided to explore the possibility of cancelling the EU-Israel Association Agreement due to allegations that the war in Gaza is raising doubts concerning Israel’s commitment to the safeguarding of...more
In this weekly update, we summarise the most notable updates in the UK sanctions world. RUSSIA SANCTIONS - UK Government amends one entry on UK sanctions list under the Russia regime: On May 23, 2025, the UK...more
The tragic murder of two Israeli Embassy staffers in DC on May 21 is a sobering reminder that tensions between pro-Israel and pro-Palestine groups remain high after October 7, 2023. In the aftermath of that war, several...more
Security cameras have become commonplace in workplaces, raising concerns about potential privacy violations for employees. The increasingly widespread use of camera surveillance raises several important legal questions,...more
Bank Hapoalim and Israel Discount Bank will each pay the State Treasury ILS 40 million within the framework of an administrative settlement (“agreed order”), in respect of their acquisitions of minority stakes in a competitor...more
Investment funds have a variety of legal structures customized to investors’ various needs and investment policies. The two main fund structures are closed-end funds and open-end funds, which differ in several material...more
Owners of buildings designated for long-term rentals are entitled to significant tax benefits that are being granted in order to encourage the construction of buildings that include residential apartments earmarked for...more
In an era of stringent regulations and increasing legal risks, it has become essential for organizations to implement internal enforcement programs. However, in order for such programs to provide legal protection, they must...more
A new extension order signed in March 2025 applies to employees in the construction, infrastructure, heavy equipment, public works, civil engineering and renovation sectors and came into effect on April 1....more
Although Israeli companies operating in the US often focus on federal tax concerns, US state and local taxes (SALT) have the potential to significantly increase tax liabilities. For example, if a company does not collect...more
We are living in an era of revolutionary medical innovation, particularly in the research and development of medicinal products. Diseases that were once considered incurable, are now treated with drugs, vaccines and...more
On April 2, 2025, the President of the United States signed an Executive Order announcing the imposition of very extensive customs tariffs on products being imported into the United States. Following is a quick analysis of...more
The minimum wage in Israel is rising by 6.25% to ILS 6,247.67 per month as of April 1, 2025 (compared to ILS 5,880 last year). The minimum wage for hourly workers is increasing to ILS 34.32, compared to ILS 32.30 prior to the...more
The Regional Labor Court recently ruled that the time has come to entitle employers, under special circumstances, to demand that employees undergo medical examination by a physician on the employer’s behalf, even after an HMO...more
The various wars that have taken place around the world in recent years, including the Russia-Ukraine war and the Swords of Iron War, have placed the DefenseTech sector in the spotlight. Amid changes in global security...more
Last week, the Bank of Israel published a preliminary design of the central bank’s Digital Shekel system. In a detailed document, holding more than 100 pages, the Bank of Israel presents guiding principles and a work plan for...more
President Trump’s recent Executive Order (EO), which seeks to reduce enforcement of the anti-bribery and anti-corruption provisions of the Foreign Corrupt Practices Act (“FCPA”), may be perceived as a declaration of an...more
At the end of 2024, the Knesset enacted significant legislative updates within the framework of the Arrangements Law that completely revamp how “closely held companies” are taxed in Israel. Section 76 of the Income Tax...more
A precedent-setting ruling has been issued in the case of Bizi Finance Ltd., in which the court was required to determine whether a promissory note signed electronically could be enforced through the enforcement and...more
The Israeli Privacy Protection Authority (PPA) has issued a new statement introducing a significant change in the interpretation of the law and in the required methods for obtaining consent to the collection and processing of...more
The Ministry of the Economy’s wide-scale enforcement campaign launched last weekend in branches of supermarket chains throughout the country, found violations of the obligation to mark prices in all of the branches that were...more
The Israel Tax Authority (ITA) recently published updated guidelines, regarding tax aspects applying to investments in companies through SAFEs. Such guidelines were published following the previous guidelines published by the...more
On February 19, 2025, the Competition Authority filed an indictment against leading retail chains, including Victory and Yochananof, and against some of their senior officers. ...more
Upon being sworn in on February 5, 2025, Attorney General Pamela Bondi immediately issued memoranda reorienting national security enforcement resources of the U.S. Department of Justice (“DOJ”) to focus on addressing illegal...more
During a week when starved Israeli hostages, resembling Holocaust survivors, were finally returned by Hamas in a macabre ceremony, few people focused on a story involving natural gas. However, in the long term, this could...more