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
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
Congratulations to our long-standing client Amadeus upon its investment in Refundit, an Israeli startup which is developing a mobile solution to make it easier for travelers to get their VAT money back. For more details, please click here.… Continue Reading
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
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
Introduction (by Joey T. Shabot and Manuel Rajunov) The passage of the Mexican National Development Plan (NDP) for 2019-2024 brings with it opportunities for Israeli companies of many kinds looking to do business with Mexico, as it realizes its vision for continued development. Over the years, Israel and Mexico have engaged in mutual cooperation initiatives, … Continue Reading
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
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
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
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
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
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
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
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 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
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
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 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
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
Earlier this month, Joey Shabot, Managing Shareholder of Greenberg Traurig’s Tel Aviv office was invited to take part in a unique event bringing together Israeli and international attorneys. The event titled “From Israel to the World – About the International Legal Market” which was put together by Robus – Consulting & Legal Marketing, offered Israeli … Continue Reading
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
