Tag Archives: Greenberg Traurig

Announcing Riskified’s $165 Million Funding Round

Congratulations to Riskified on their Series E funding round of $165 million! Greenberg Traurig is proud to have represented an institutional investor in this transaction, and excited to have been part of this incredible achievement. For more details, please click here.… Continue Reading

The Israel Hotel Investment Summit: Take Five!

On Nov. 20-21, 2019, Greenberg Traurig participated in and sponsored the Israel Hotel Investment Summit in Tel Aviv, Israel. Washington, D.C. office Shareholder and Hospitality Practice Co-Chair Nelson Migdal joined a panel, together with representatives of leading international hotel brands, on the benefits of international brand penetration into the Israel hotel market, as well as legal … Continue Reading

Adam Snukal Discusses Effects of Privacy Laws on Israeli-Based Call Center Technology Providers

On Nov. 25, 2019, GT Shareholder Adam Snukal participated in a fire-side chat at NICE’s Annual Personal Connections Elevated Israel Conference. The discussion focused on the effects of the GDPR, CCPA, and other privacy laws on Israeli-based call center technology providers that operate in an increasingly global arena.… Continue Reading

U.S. House Passes Bill That Would Require Disclosure of Beneficial Owners of U.S. Corporations and Limited Liability Companies

A newly approved Bill could significantly increase disclosure requirements for Israelis invested in or operating business in the U.S. The Corporate Transparency Act of 2019 would require that the identities (including addresses and passport information) of the “beneficial owners” of US LLC’s or corporations be reported. Updated information would need to provided annually. While similar … Continue Reading

2 Recent Cases Impacting False Claims Act Litigation and Investigations Deserve the Attention of Health Care Providers and Private Equity Investors

The United States Attorney’s Office for the Southern District of Florida announced on Sept. 19, 2019, that it settled a qui tam False Claims Act case in which a private equity firm was a named defendant. See United States ex rel. Medrano and Lopez v. Diabetic Care Rx LLC, d/b/a Patient Care America, et al., … Continue Reading

Does Section 1782 Apply to Discovery in Private International Commercial Arbitration Proceedings?

Life sciences companies should pay attention to an ongoing action in Delaware that could have implications for whether they can obtain (or be subjected to) U.S. discovery in international arbitration under 28 U.S.C. § 1782. Section 1782 is a powerful tool that permits litigants to obtain broad discovery in the United States for use in … Continue Reading

A Non-Compete Law Roadmap for Tech Start-Ups in Key Jurisdictions

Israeli companies doing business in the United States have a wide range of states from which they hire employees. As our colleagues in the California, Massachusetts, New York, and Texas offices demonstrate in the article below, laws governing non-competition restrictions can vary substantially from state to state. An employee’s location can therefore significantly impact the … Continue Reading

Loot Box or Pandora’s Box? Regulation of Treasure Chests in Video Games

One form of digital promotion that has recently drawn attention across several states and countries is the sale of treasure chests or “loot boxes” in video games and apps. Loot boxes typically offer players a chance-based opportunity to obtain virtual items for use in a game. These in-game items may help improve a player’s chances … Continue Reading

Blockchain & Cryptocurrency Newsletter – Spring/Summer 2019

In this Spring/Summer 2019 newsletter, Greenberg Traurig’s Blockchain & Cryptocurrency Practice covers the latest developments in digital assets, utility tokens, security tokens, convertible virtual currencies, smart contracts, initial coin offerings, crypto investment regulation, and more, both in the United States and around the globe. Our team stays abreast of existing laws, recent enforcement actions, and … Continue Reading

Greenberg Traurig Team Represents Future Media Group in its Acquisition of W Magazine from Condé Nast

When Future Media Group set out to acquire W Magazine from Condé Nast, it turned to its long-standing counsel, Adam Snukal, a shareholder in the Intellectual Property & Technology Practice in the New York and Tel Aviv offices of global law firm Greenberg Traurig, LLP. Greenberg Traurig represented Future Media in an acquisition that brought W Magazine together with Surface and Watch Journal to form Future … Continue Reading

NSLComm Launches 1st Nano-Satellite Fitted With Expanding Antenna Into Space

Israeli communications tech startup NSLComm launched its first nano-satellite, the NSLSat-1, into space on Friday, July 5, fitted with an innovative antenna that expands and offers high performance and affordability. Greenberg Traurig’s Tel Aviv office is excited to have been part of the team involved in this groundbreaking nano-satellite launch, having assisted NSLComm with various … Continue Reading

Greenberg Traurig Opens in Milan as Greenberg Traurig Santa Maria; Celebrates 10th Anniversary of London Office

MILAN, 1 July 2019 – Global law firm Greenberg Traurig, LLP, one of the largest in the United States, has opened in Milan, Italy, its 41st office worldwide and its fifth in Europe, as Greenberg Traurig Santa Maria. Today the firm also celebrates the 10th anniversary of its dynamic and growing London office. In May, … Continue Reading

Greenberg Traurig Represents Volvo Group Venture Capital in Mobility Start-Ups Investment

Global law firm Greenberg Traurig, led by Tel Aviv office Managing Shareholder Joey T. Shabot and Of Counsel Ephraim Schmeidler, represented Volvo Group Venture Capital in its investment in Next Gear Ventures, a Tel Aviv-based early-stage venture capital fund focusing on Israeli mobility start-up companies. GT congratulates Volvo on closing this key investment! Click here to … Continue Reading

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
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