CrowdFunding is Still Illegal In Israel Although the Recent Amendment of the Law -New Regulations Required
In a recent post we have updated that on 29.12.2015 the Israeli Knesset approved the Law for the Promotion of Investments in High Tech Companies 2015 (hereinafter: the "Law"), authorizing privately held companies the offer the purchase…
CrowdFunding is Still Illegal In Israel Although the Recent Amendment of the Law -New Regulations Required
In a recent post we have updated that on 29.12.2015 the Israeli Knesset approved the Law for the Promotion of Investments in High Tech Companies 2015 (hereinafter: the "Law"), authorizing privately held companies the offer the purchase…
Annual Vacation Law-Amendment No. 15- Additional Vacation Days for Israeli Employees
The 15th amendment to the Israeli Annual Vacation Law, 1951 came into effect on 1.7.2016.
According to the Amendment, commencing on 1.7.2016 Israeli employees with up to 4 working years of experience, will enjoy an additional vacation day…
The Supreme Court – the General Assembly of Shareholders in a private company may take away Board’s powers and authorities in case of a “deadlock”
In CA 6946/11 Jacob Sesbon et al. v. Ephraim Solomon et al., published by "Nevo" the Supreme Court ruled in an appeal on the Tel Aviv District Court, which rejected appellants' motion to declare that their "management shares" are entitled…
The Knesset Approved a Crowd Funding Law for Israeli Companies
On December 29, 2015 the Israeli Knesset approved (voted for second and third hearings) the Law for Encouragement of Investments in Hi Tech Companies – 2015, mainly allowing public offerings via crowd funding online, without the need to…
Grant of Phantom Based Options and Benefits to Employees/Service Providers
Grant of Phantom Based Options and Benefits to Employees/Service Providers
Phantom options are options that are granted pursuant to an agreement between a company and an employee/consultant/service provider, entitling the grantee to a monetary payment…
Hearing prior to Termination of Employment Under Israeli Law – Short Summary
Hearing Prior to Termination Under Israeli Law
To follow is a summary of recent Labor Court rulings regarding the process of hearing before termination.
1. The employer should notify the employee in writing about the intention to terminate…
General Principles of Israeli Labor Laws
General Principles of Israeli Labor Laws
By Yair Mintus, Adv.
1. Preface
1.1. The purpose of this article is to provide the reader with a brief description and a general overview…