Israeli-American Shareholder Helps Open New Greenberg Traurig Video Game and Esports Practice

By Greenberg Traurig on Posted in Global, Israel, Tel Aviv, Video Games and Esports

Raised in Haifa, Israel, David Schulman grew up with a passion for video games. David has long since moved to the US to become a successful Shareholder in GT’s Atlanta office, and has taken on the role as one of the leads of GT’s new Video Game and Esports Practice. David, who works with numerous Israeli companies and is an active member of the firm’s Israel Practice, acknowledges the vast potential for collaboration with Israeli companies active in the video game space.

Read about David’s passion-turned-career here.

 

70+ Greenberg Traurig Attorneys Recognized on the IFLR1000 Financial and Corporate 2019 Rankings

By Greenberg Traurig on Posted in Uncategorized

NEW YORK – Dec. 19, 2018 – More than 70 attorneys at global law firm Greenberg Traurig, LLP have been included in International Finance Law Review’s IFLR1000 Financial and Corporate 2019 rankings. Represented are nine key areas of legal practice across 10 countries.

According to its website, “IFLR1000 is the guide to the world’s leading financial and corporate law firms and lawyers.” The guide’s firm rankings are based on three key criteria, transactional evidence, peer feedback, and client feedback. In addition to firm rankings, the guide also recognizes outstanding individuals in the categories of expert consultant, market leader, highly regarded, and rising star. The guide also recognizes as “notable practitioners” lawyers who have advised on one or more deals featured in IFLR1000 Deal Data.

The guide listed the following attorneys as notable practitioners in Israel:

Lawrence Sternthal – Real Estate Acquisitions

Bob Grossman – M&A

Additionally, the guide recognized Greenberg Traurig by practice area in the following jurisdictions:

Israel:
M&A

Japan:
Capital Markets: Equity – Foreign

Mexico:
Banking
Capital Markets
M&A
Project Development
Project Finance

Netherlands:
M&A

Poland:
Banking
Capital Markets: Debt
Capital Markets: Equity
M&A
Project Development: Power
Project Finance

United Kingdom:
Bank lending: Borrower side
Capital Markets: Equity
M&A
Real Estate Funds

United States:
Banking
Capital Markets: Debt
Capital Markets: Equity
M&A (Southern California; Florida; Georgia; Illinois; Nevada)

Read more about additional Greenberg Traurig lawyers recognized in the 2019 IFLR1000 guide.

California Employee Can Agree to Non-Compete Clause When Represented by Counsel

By Mark D. Lurie and Kurt A. Kappes on Posted in Labor & Employment

Many employers and attorneys assume that covenants not to compete found in employment agreements are not enforceable against California residents absent narrow exceptions, and that courts would reject any attempt to apply another state’s choice of law provision to draft around this issue. A recent case from the Delaware Chancery Court, NuVasive, Inc. v. Patrick Miles, 2018 WL 4677607 (Del. Ch. Sept. 28, 2018), has recognized, however, that under certain circumstances, non-competes and non-California choice of law and forum provisions may be enforced against California residents.

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Devora Snyder Discusses Compliance at Google Israel Event

By Greenberg Traurig on Posted in Data protection, Global, Intellectual Property, Israel, Privacy and Data Security, Technology, Tel Aviv

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 utilizing sensor technologies.

Devora is an attorney in GT Tel Aviv’s Emerging Technology and IP practice and regularly advises early-stage to enterprise-level technology clients from a wide range of industry sectors.

Tel Aviv Office Celebrates Chanukah

By Greenberg Traurig on Posted in Culture, Event, General, Israel

Our Tel Aviv office attorneys and staff, together with their families, celebrated the Holiday of Lights with the office’s annual family Chanukah party.

The group enjoyed dinner and an interactive Capoeira show, where all, big and small,  sang and danced to Brazilian style Chanukah tunes. The evening was concluded by the lighting of the Menorah, where all joined in by singing the blessing.

 

  

Tel Aviv Shareholders Sponsor United Hatzalah Gala

By Greenberg Traurig on Posted in Culture, Event, General, Global, Israel, Tel Aviv

Greenberg Traurig’s Tel Aviv office is proud to be able to support charitable causes in Israel and abroad. This past Monday, shareholders in the office attended United Hatzalah’s gala dinner, an event that brought together GT clients, business leaders and non-profit volunteers from across Israel.

United Hatzalah is a volunteer-based emergency medical services organization based in Israel. Its mission is to provide immediate medical intervention during the critical window between the onset of an emergency and the arrival of traditional ambulance assistance. Eli Beer, a Young Global Leader of the World Economic Forum, presented a vision for how technology and emergency medicine can be leveraged for the good of society, bringing together paramedics from Israel’s Jewish, Muslim and Christian communities, and from diverse ethnic backgrounds.

Attending the event on behalf of Greenberg Traurig were Managing Shareholder of the Tel Aviv office, Joey Shabot; Shareholders Adam Snukal and Lawrence Sternthal, and Business Director Sara Dahan.

 

Pictured (left to right): Shareholder Lawrence Sternthal with spouse Tamar Sternthal, Sari Shabot spouse of Tel Aviv Managing Shareholder Joey Shabot

Iran Sanctions ‘Snapback’ Finalized Nov. 5, 2018

By Kara M. Bombach, Renee A. Latour, Cyril T. Brennan and Sonali Dohale on Posted in Global, Government Law and Policy, Israel

As reported in our previous GT Alerts, on May 8, 2018, President Trump announced his decision to withdraw the United States from the Iran Joint Comprehensive Plan of Action (JCPOA), and on June 27, 2018, OFAC issued amended regulations and general licenses implementing the withdrawal.

The Office of Foreign Assets Control’s (OFAC) re-imposition of Iran sanctions pursuant to the U.S. withdrawal from the JCPOA was set up in two phases, with the first set of Iran sanctions “snapping back” Aug. 7, 2018, and the final set of sanctions snapping back Nov. 5, 2018. The main changes to the Iran sanctions that became effective Nov. 5 include:

  • Foreign Subsidiaries of U.S. Entities Again Subject to Iran Embargo: While the United States was a party to the JCPOA, activities in Iran by non-U.S. subsidiaries of U.S. companies were generally permissible under OFAC’s General License H. After the U.S. withdrawal from the JCPOA, OFAC revoked General License H and required U.S. companies’ foreign subsidiaries to wind down most of their previously authorized Iran-related activities by Nov. 4. With the end of the wind-down period, U.S. companies’ foreign subsidiaries once again must comply with the restrictions and prohibitions of the U.S. embargo against Iran.
  • Re-Imposition of Secondary Sanctions in Certain Sectors of the Iranian Economy: Effective Nov. 5, non-U.S. individuals and entities that do business with certain sectors of Iran’s economy will again be exposed to U.S. sanctions, including dealings with:
    • Iranian port operators, shipping, and shipbuilding sectors
    • Petroleum-related transactions (including the purchase of petroleum, petroleum products, or petrochemical products from Iran)
    • Certain Iranian financial institutions (including the Central Bank of Iran)
    • Iran’s energy sector

In a press statement, the State Department indicated that it will grant temporary exemptions from the petroleum-related sanctions restrictions to eight countries – China, India, Italy, Greece, Japan, South Korea, Taiwan, and Turkey – to allow them to continue to purchase oil from Iran.

  • Additions to the SDN List: Since May 8, 2018, OFAC has indicated it plans to relist persons and entities that were removed from the Specially Designated Nationals (SDN) List in January 2016 pursuant to the JCPOA. On Nov. 5, OFAC added over 700 persons to the SDN list, including parties that had been removed in connection with the JCPOA.

Even when the United States was a party to the JCPOA, U.S. persons remained prohibited from engaging in almost all dealings with Iran. However, the re-imposition of these sanctions represents a significant change in the permissibility of dealings in Iran undertaken by non-U.S. parties. In light of the changing legal landscape, it is important for businesses with international operations to assess compliance with these updated sanctions and ensure that non-U.S. parties understand the ways in which U.S. sanctions law may apply to them.

The Impact Of The FY 2019 NDAA On Federal Procurement Law – Greenberg Traurig Article

By Greenberg Traurig on Posted in Global, Government Law and Policy

Michael J. Schaengold, Melissa Prusock, and Danielle K. Muenzfeld, all resident in Greenberg Traurig’s Washington D.C. office, co-authored an article titled “The Impact Of The FY 2019 NDAA On Federal Procurement Law” which was published in The Government Contractor (Thomson Reuters).

This article, comprehensively examines the significant Federal procurement law changes contained in the FY 2019 National Defense Authorization Act (“NDAA”).  Many of the NDAA’s 71+ statutory provisions directed at procurement law also apply to Federal civilian agencies.

To read the full article, click here

Adam Snukal Speaks on GDPR Issues During Istanbul Privacy Conference

By Greenberg Traurig on Posted in Event, Privacy and Data Security, Technology

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 Data Protection Law and GDPR”, which focused on the various legal implications regarding data subject consent.

Adam Snukal regularly counsels clients on their global privacy and data security compliance obligations, such as GDPR, HIPAA, PCI and more. Adam’s clients range from large multi-nationals to emerging growth companies.

Tel Aviv Shareholder Adam Snukal (second to right) with fellow panelists Prof. Dr. Erdem Özdemir- Marmara University, Dr. Hasan Oğan – Turkish Medical Association– Health Group, Dr. – Esin Çamlıbel – Turunç Law Office, and Arş. Gör. Nafiye Yücedağ – İstanbul University

 

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