Tag Archives: Greenberg Traurig

Proposed Regulations for Qualified Foreign Pension Funds that are Exempt from U.S. Tax on Disposition of U.S. Real Property Interests

The Foreign Investment in Real Property Tax Act of 1980, as amended (FIRPTA), imposes tax on gain realized on disposition by nonresident alien individuals or foreign corporations (non-U.S. persons) of a U.S. real property interests (USRPI) by treating such gain as effectively connected with the conduct of a U.S. trade or business by such non-U.S. … Continue Reading

Illinois Senate Gaming Expansion

Introduction (by Joey T. Shabot) Israeli technology companies providing software, payment, and other solutions for the gaming industry are closely watching regulatory trends related to online gaming in different jurisdictions throughout the world. This legal update from our colleagues in Illinois may point to a trend in some U.S. states to permit online and mobile … Continue Reading

Latest U.S. Trade Restrictions Target Huawei

During the week of May 13, 2019, the Trump administration announced two new measures that have the potential to cut off certain foreign companies, particularly Chinese technology company Huawei Technologies Co., Ltd., from the U.S. technology and telecommunications market. These provisions follow legislation passed in 2018 prohibiting U.S. government agencies and contractors from using Huawei … Continue Reading

Retail Innovation Booming in Israel

Retail innovation is booming in Israel and corporate executives best take notice, as reported in a recent Forbes article. Hardly the first time Forbes has taken notice, this most recent article was inspired by a major retailer CEO’s visit to Israel. The article lists the staggering numbers boasted by Israel’s impressive retail technology start-up scene … Continue Reading

New DOJ Guidance: What Is Your Compliance Program Worth?

On April 30, 2019, to provide greater transparency into prosecution decisions, the U.S. Department of Justice (DOJ) published “The Evaluation of Corporate Compliance Programs,” an update to its February 2017 guidance on the same topic. The new guidance complements the principles previously described by DOJ’s Fraud Section that prosecutors should consider when “conducting an investigation … Continue Reading

New USPTO Guidance May Clear Path for More Technology Patents

On January 4, 2019, the United States Patent and Trademark Office (USPTO) released new Patent Examiner Guidance (Guidance) for subject matter eligibility. The updated guidance could benefit any technology patent applicant who has a computer-related invention — from smartphones to artificial intelligence — and who has previously had difficulty acquiring patents under the USPTOʼs procedures … Continue Reading

Greenberg Traurig Spring 2019 China Newsletter

You are invited to learn about recent legislative updates and professional insights pertaining to Chinese law and business conduct. Among  topics discussed in this current issue are the release of Second Draft of Foreign Investment Law to boost market; the establishment of a Quick Channel for expedited approval of Foreign New Drugs Regulatory Commission; the unveiling of Administrative … Continue Reading

Greenberg Traurig Represents Wells Fargo Strategic Capital in Its investment in Israeli Company EarlySense

In a matter led by Shareholder Joey Shabot and Associate Aaron Katz, Greenberg Traurig recently represented Wells Fargo Strategic Capital – the venture capital arm of Wells Fargo & Co and a specialized capital provider that partners with the bank’s wholesale businesses to identify and provide customized capital solutions to its clients – in its investment … Continue Reading

Greenberg Traurig Sponsors 2019 OurCrowd Global Investors Summit

Greenberg Traurig was pleased to sponsor the Annual OurCrowd Global Investors Summit for the fourth consecutive year. The event, hosted in Jerusalem, traditionally brings together thousands of entrepreneurs, startup companies and investors from across the globe, all eager to learn about the newest and most innovative technologies. As part of our involvement, Greenberg Traurig hosted a … Continue Reading

Tel Aviv Office Hosts INSEAD Delegation

Greenberg Traurig’s Tel Aviv office had the pleasure of hosting a delegation of business school students and alumni from France’s prestigious INSEAD Business School. The group, on a mission to Israel to explore business opportunities with Israel’s tech scene, consisted of businesspeople from France, Japan, Jordan, India, Poland, Korea and the U.S., and they joined … Continue Reading

GT Tel Aviv Office Recognized by Israel’s Legal Guides 2019

Greenberg Traurig’s Tel Aviv office is pleased to be ranked again by leading legal directories, alongside some of Israel’s top law firms. BDICode recently released its local M&A guide, ranking the office as “Prominent Leaders” for the fourth consecutive year.  International Guide Chambers & Partners ranked the office and Israel Practice in Band 2 under … Continue Reading

SpaceIL to Launch Israeli Spaceship to Moon

SpaceIL is scheduled to make history today by launching and landing the first ever Israeli spacecraft on the moon. Greenberg Traurig’s Tel Aviv office is proud to have been part of SpaceIL’s journey to the moon and wishes the team lots of luck and success! For more details on the launch, click here.  … Continue Reading

Tel Aviv Office to Host Capital Markets Roundtable for the Life Sciences Industry

Greenberg Traurig’s Tel Aviv office is collaborating with partners BNY Mellon and H.C. Wainwright & Co. LLC to host a morning roundtable focused on capital markets options for the life sciences industry. The event will take place February 27th, 9:00 at Greenberg Traurig’s Tel Aviv office located in the Azrieli Round Tower (30th Floor). Topics … Continue Reading

Greenberg Traurig Greets 2019 with 30th U.S. Office, 39th Worldwide, in Minneapolis

Greenberg Traurig, LLP welcomed 2019 by adding a 30th office in the United States — its 39th worldwide. Opening the firm’s office in Minneapolis, MN, is finance and restructuring attorney Michael B. Fisco, who will serve as the Managing Shareholder. Joining Fisco are shareholders Michael M. Krauss, a former Assistant United States Attorney for the Southern … Continue Reading

Impact of New Massachusetts Noncompete Law on Emerging Tech Companies

The Massachusetts Noncompetition Agreement Act, M.G.L. c. 149, § 24L, has been the law of the Commonwealth for almost four months. The statute only applies to agreements entered into between employers and certain employees and independent contractors on or after Oct. 1, 2018, so the law’s ramifications are still largely yet to be determined. Nevertheless, … Continue Reading

Tel Aviv Office Represents U.S. Investor in Investment into Israeli Medical Devices Company Sight Diagnostics Ltd

Tel Aviv Managing Shareholder Joey Shabot and Of-Counsel Ephraim Schmeidler recently represented a US-based family office as part of its investment into Israeli company Sight Diagnostics Ltd (Sight). Sight develops a platform for diagnosing blood diseases using computer vision technology and is a portfolio company of Clal Biotechnology Industries Ltd., traded on the Tel Aviv … Continue Reading

Tel Aviv Office Hosts Leading Banks for Seminar on the Practical Aspects of Open API in Europe

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

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

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 … Continue Reading

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

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 … Continue Reading

Devora Snyder Discusses Compliance at Google Israel Event

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
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