Israel Archives

Dec 21, 2017

Changes to Certain Federal and State Laws Relevant for Israeli Companies with U.S. Operations

A number of you in Israel have asked about the impact of the new U.S. tax law regime. At the time, the reconciliation process between the House and Senate versions was still underway, so it was too soon to know for sure. Now we know. There will be many updates on the Web from various sources, but my colleagues in our Employment Benefits Group have provided one which focuses on this area and will be relevant for those of who have (or who have clients who have) such arrangements in the United States. See here. In addition, a number of… Read more

Sep 5, 2017

Beware of Post-Closing Actions Having a Retro-Active Pre-Closing Impact

We are now in September, and with the turn of the Gregorian calendar, comes the unofficial end of summer for both the United States and Israel. Most have taken their summer holidays, the children are back in school, and the company transaction environment gains new momentum for the balance of the calendar year. It is a good time to reflect. When selling the equity of a company, Sellers expect Buyers to require a representation and warranty that (1) all taxes of the company have been paid or reserved on the target’s balance sheet and (2) all tax returns previously filed… Read more

Mar 22, 2017

Kirsch to Serve as Panelist at IP Conference in Tel Aviv

Greg Kirsch, SGR partner and Head of the firm’s Intellectual Property (IP) Department, will be serving as a panelist at a major IP conference being held in Tel Aviv, Israel on March 27, 2017, entitled the 5th annual “Best Practices in Intellectual Property Management”. Speakers at the conference include senior in-house patent and IP counsel from major corporations, such as Philips, Intel, Microsoft, Google, and others. Kirsch is serving on a panel with in-house patent counsel from one of these companies, and the title of their session is “IP Considerations in Launching a New Product”. Kirsch has been a frequent… Read more

Feb 23, 2017

SGR to Co-sponsor New “DRIVE” Innovation Hub in Tel Aviv

SGR is pleased to be a co-sponsor of a new innovation center in Tel Aviv, Israel called DRIVE. DRIVE was founded by the Mayer Group, an Israeli automobile importer, in partnership with Honda Silicon Valley Lab, Volvo Cars Corporation, Hertz International and Israeli telematics company Ituran. DRIVE will foster enhanced collaboration between the various partners, by supporting Israeli start-ups and entrepreneurs in various transportation and mobility technology fields. DRIVE will select startups with unique value propositions in the smart mobility domain and will provide them with a shared workspace, mentoring and business advice, and a prototyping lab. DRIVE’s major automotive… Read more