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 … 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
Earlier this month, in conjunction with Pro-Bono Week in the U.S., Greenberg Traurig’s Tel Aviv office was proud to host the first of a series of events titled “Learning From Her”. Our first speaker was U.S. Judge, Hon. Sheila Prell Sonenshine (Ret.), who met with a group of Associates from leading Israeli law firms, to speak on … Continue Reading
Earlier this summer, S&P Global gave the Israeli economy a vote of confidence by upgrading Israel’s credit rating for the first time in seven years. As reported in a Calcalist article, the new AA- rating is Israel’s highest to date. The change by S&P was made on the heels of Moody’s Investors Service also upgrading Israel’s … Continue Reading
Recently, Greenberg Traurig was pleased to organize a morning seminar focused on real estate investment opportunities and trends in Poland. GT’s Tel Aviv and Warsaw offices, together with partners CBRE and Deloitte, hosted a group of more than 70 guests eager to learn about the Polish real estate market. The seminar took place in Tel … 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
Florida Governor Rick Scott recently was in Israel leading a delegation of business and academic leaders, under the auspices of Enterprise Florida, focused on enhancing economic development and trade between Florida and Israel. GT, which has eight offices in Florida, is the only international law firm with a registered, full-service office in Israel, and had … Continue Reading
Greenberg Traurig, P.A.’s Tel Aviv office hosted a delegation of Miami-Dade County officials and Israeli business leaders at a reception held on Nov. 9. “We are honored to be able to welcome the delegation, which is exploring ways to increase business between Miami and Israel,” said Joey T. Shabot, Operating Shareholder of Greenberg Traurig’s Tel … Continue Reading
A team of Greenberg Traurig attorneys recently represented Intec Pharma Ltd. (NASDAQ and TASE: NTEC) on the closing of its offering of approximately 12.2 million of its ordinary shares, at a public offering price of $4.70 per ordinary share, which included a full exercise by the underwriters of their over-allotment option in the amount of … Continue Reading
Israelis with real estate investments in Florida are now beginning to assess the damage caused to their properties by Hurricane Irma. Lawrence Sternthal, International Real Estate Shareholder in Greenberg Traurig’s Tel Aviv office, shared with TheMarker Magazine what Israeli investors should consider when examining their home insurance coverage and the challenges foreign investors will face … Continue Reading
Tokyo used to be one of the biggest global financial centers rivaling New York and London. Now, being far behind Hong Kong and Singapore, Tokyo Metropolitan Government (TMG) aims to return as a top global financial center. In its attempt to once again become a global financial city, TMG appears to be willing to accommodate … Continue Reading
Over the last 12 months, employment lawyers who advise companies who do business in the United States may have begun to feel some unease about guiding their clients through a changing legal environment. Even those who have been practicing for years have been at a loss as to how to predict what may be coming … Continue Reading
In late July, the GT Tel Aviv office hosted Shurat HaDin’s 2017 Summer Interns, for a get-together and in-depth presentation on practicing foreign law in Israel as a North American educated attorney. The head of GT Tel Aviv’s Real Estate practice, Lawrence Sternthal, delivered a presentation of GT Tel Aviv’s international practice to the rapt … Continue Reading
The opportunity to acquire a 49 percent stake in New York commercial real estate is particularly suited to Israeli insurance companies and pension funds. Under Israeli regulations, these institutional investors are not permitted to acquire a majority interest in real estate that is subject to a mortgage loan. While U.S. real estate developers are often … Continue Reading
In March a group of 49 University of Pennsylvania (UPenn) law students had the privilege of touring Israel for one week, and conducted meetings with local business, government, and legal leaders, of which Greenberg Traurig was proud to be a part. The group of UPenn students included, 1-L, 2-L, and 3-L law students, as well … Continue Reading
Israeli Prime Minister Benjamin Netanyahu is visiting China on a trip marking 25 years of ties between Israel and China. A limited number of Israeli businesses were invited to join the Prime Minister and a list of Israeli and Chinese government officials, with the aim of strengthening the already powerful business relations between the two … Continue Reading
The Tel Aviv and Miami offices of global law firm Greenberg Traurig, LLP hosted three days of events in Israel focusing on doing business in Latin America, including co-hosting a seminar with Mergermarket and the Association of Corporate Counsel (ACC) called “Start-Up Nation to Start-Up Region: Making Your Mark in Latin America” Seminar which took … Continue Reading
Greenberg Traurig’s Tel Aviv office kicked off this year’s Purim holiday celebrations with two memorable and festive events. While the celebrations are far from over, as the holiday commences this coming Sunday, here is a summary of the happenings in the office from this past week. The associates in the office (Devora Snyder, Aaron Katz … Continue Reading
Companies often issue convertible promissory “bridge” notes when they are at an early stage and are in search of capital. A convertible promissory bridge note is a short-term debt instrument that, in addition to the standard terms (such as the principal amount owed, the interest rate, the maturity date, and default provisions), also provides that … 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
Operating shareholder of the Tel Aviv office was recently interviewed for the prominent Israeli economic journal Calcalist: “Unlike other international law firms which usually have a minor physical presence in Israel, Greenberg Traurig’s local office employs eight attorneys in Israel. ‘Not only did we set up a platform in Israel’, says Shabot, distinguishing between GT … Continue Reading
