Earlier this week, Greenberg Traurig’s Tel Aviv office hosted representatives from Israel’s leading financial institutions for a morning seminar on the Practical Aspects of Open Application Program (API) Interface in Europe following the EU Payment Services Directive 2 (PSD2) which went into effect earlier this month. The seminar was hosted in cooperation with international policy … Continue Reading
Greenberg Traurig (Tel Aviv) attorney Devora Snyder delivered the keynote address at Google Israel’s recent conference, “Aging 2.0: Using Sensors for Early Detection of Age-Related Diseases.” Devora, whose areas of professional focus include Global Data Privacy and Cybersecurity, presented on the GDPR implications of biometric data collection and discussed potential compliance strategies for companies and clinical researchers … Continue Reading
Adam Snukal, Shareholder at Greenberg Traurig’s Tel Aviv office and GDPR expert, recently participated on keynote panel at inaugural Turkey Privacy Professionals Association Privacy Conference. The Conference hosted attorneys, academics and regulators eager to learn about privacy issues and specifically GDPR. Adam took part in a panel titled “Concept of ‘Consent’ and Obligation to Inform under Personal … Continue Reading
Greenberg Traurig’s Tel Aviv office was pleased to welcome Arizona Israel Technology Alliance’s mission to Israel, bringing in industry leaders from Arizona, together with Hank Marshall, Executive Officer of the City of Phoenix , and Steve Zylstra, President & CEO of the Arizona Tech Council. Leading the mission on Greenberg Traurig’s side was Quinn Williams, a Shareholder … Continue Reading
Adam Snukal, shareholder in Greenberg Traurig’s Intellectual Property & Technology Practice in Tel Aviv, recently spoke to The Jerusalem Post on the implications and possible future effects of the EU’s General Protection Data Regulation. Read the full interview here.… Continue Reading
The recent Supreme Court ruling allowing states to tax online sales could result in a disruption in the operations of portfolio companies owned by private equity firms. With little time to act, chief financial officers need to know how to deal with the consequences of this decision that has significantly changed the tax landscape. Continue … Continue Reading
Although the sales tax collection obligation of online retailers was the focus of last month’s momentous U.S. Supreme Court case South Dakota v. Wayfair, it will also impact state corporate and income tax obligations. Companies may now be exposed to state income tax as a result of the Wayfair case and should examine their activities … Continue Reading
On June 21, the U.S. Supreme Court decided South Dakota v. Wayfair, allowing states to tax online sales even if the retailer does not have a physical presence in the state. This decision, abandoning a 26 year-old precedent (based on a case heard 25 years before that) has shaken the retail industry. This case will … Continue Reading
In a recent article (Hebrew) on the rapidly evolving food-tech industry in Israel, Barry Schindler analyzed the status of M&A in the industry, stating that food-tech companies are still very young, which is why investments tend to be smaller compared with parallel companies in the bio and hi-tech industries. He continued to say that we will … Continue Reading
In our Feb. 9th blog post, we highlighted some of the amazing technology being used at the 2018 Winter Olympics in Pyeongchang, South Korea. While awe-inspiring, the use of these technologies can give rise to legal challenges that may need consideration.… Continue Reading
Greenberg Traurig Shareholder Kate Kalmykov was recently quoted in The Jerusalem Post’s article, “Trumps Visa Policy May Harm Israeli Hi-Tech Innovators.” In the article, Kalmykov addresses Israeli hi-tech companies options for visas when looking to relocate employees to the United States. To read the full article, click here.… Continue Reading
Launching a technology startup is an exciting time filled with the promise of the future. As you embark on this adventure, it is critical to establish a strong legal foundation to protect the business and its intellectual property (IP). Following are four types of legal agreements that every tech startup should consider putting in place … Continue Reading
With the 2016 fiscal year behind us, a number of reports that have been released in the past months provide a survey of the 2016 exits involving Israeli companies. The largest deal in 2016 that involved an Israeli company was the purchase of the Israeli tech company Playtika by the Giant Interactive Group from China … Continue Reading
Economics in getting a compound approved and commercialized are evolving. Drug companies have reduced budgets that historically funded vast R&D teams. Innovators are chasing tight investment dollars. The two camps are increasingly collaborating. There is a self-selection factor rewarding start-ups — they can’t attract funding or licensing deals unless they’ve protected their intellectual property, showed clinically … Continue Reading
We often counsel both early stage companies as well as investors looking to make venture capital investments in growth companies. One of the recurring issues is how the size of the company’s option pool should fit into the capitalization table of the company. First, some background on an option pool: An option is a right … Continue Reading
Migration is already underway, but some of the world’s largest organizations are still reluctant. They handle proprietary data and a staggering volume of transactions. They want to marshal information and deliver nuanced results. But a lack of appreciation for the Cloud’s promise, together with questions surrounding security and cost, make many CTOs and COOs cling … Continue Reading
Tuesday, May 17th 8:00 a.m. to 10:30 a.m. Please join the Israel Economic Mission, the Israeli Export and International Cooperation Institute for a breakfast and roundtable discussion on security challenges facing critical infrastructure and current technological solutions for addressing them. This intimate gathering will provide an opportunity to network with some of Israel’s most advanced … Continue Reading
Despite the close US-Israel relationship, Israeli companies and funds seeking to invest in US technologies can face US national security scrutiny that could significantly delay deals, and in some cases prevent or unwind the transaction. Israeli investment in US technology companies, however, should continue to be regarded as an attractive option, as long as the … Continue Reading
With a staggering amount of startups starting their way in Israel every year, it is no wonder the country’s most common nickname is “Startup Nation”. On their path to success, Israeli entrepreneurs must focus on privacy and data security compliance as a mandatory step. Most technology start-up companies lack the experience and resources needed to … Continue Reading
Earlier this month, the first ever China-Israel Technology, Innovation and Investment Summit, jointly sponsored by the Greenberg Traurig Tel Aviv and Shanghai offices, took place in Beijing. The 3-day event was organized by the Israeli and Chinese governments, together with Infinity Group, an investment firm that has been involved in the China-Israel ecosystem for more … Continue Reading
Greenberg Traurig will be sponsoring two major Israel events this coming week. The first is the OurCrowd Global Investor Summit (January 25-26), set to bring together 3,000 investors and companies from 50 different countries. Shareholder and Israel Practice Co-Chair, Bob Grossman will be speaking at the opening planery. Israel Practice Co-Chairan, Tel-Aviv Managing Shareholder, and Global Corporate & Securities Practice Senior … Continue Reading
Last month, Mr. Boris Johnson, the Mayor of London was the guest of honor in the opening bell ceremony at the Tel Aviv Stock Exchange. This honorable visit comes in a time of growing and strengthening relations between the UK and Israeli business realms. In the words of Mr. Johnson, describing Israel – “This is … Continue Reading
Israel consistently has one of the highest per capita rates of patents granted by the United States Patent and Trademark Office (USPTO). In 2013 alone, 3,152 patents were granted by the USPTO to patent inventors based in Israel. With the increasing number of Israeli start-ups, it is expected that this number will continue to rise, … Continue Reading
As the Israeli Ad-Tech industry continues to grow and expand its global footprint, its market participants need to be keenly aware of critical legal trends, many of which are initiated by the Federal Trade Commission (FTC), the federal governing body that oversees advertising and marketing regulations throughout the United States. This GT Alert – FTC … Continue Reading
