Related briefings

Israel: Amendments to pension insurance allocation rules

After about a year of uncertainty about the pension insurance allocation ratios, the matter has now been resolved. A collective agreement has been signed between the Presidium of Israeli Business Organisations and the Histadrut Federation of Labour, which regulates the increase in the ratios of both the employee’s contribution and the employer’s contribution to the pension component in […]

Israel: Amendment of the Income Tax Ordinance

An amendment to the Income Tax Ordinance that was recently enacted obligates financial institutions to identify the residency and citizenship of their foreign account holders. The financial institutions are required to report the information to the Israel Tax Authority, so that the ITA can then relay that information to the relevant foreign tax authority. Consequently, provisions of the […]

Reverse vesting and holdback – good news for entrepreneurs?

In the world of high tech and Israeli tax there has been some uncertainty as to whether entrepreneurs, whose shares are subject to a reverse vesting mechanism or a holdback upon their sale, should be paying income or capital gains tax. Earlier this month the Israel Tax Authority published a draft circular presenting its position […]

Israel: reverse vesting and holdback – good news for entrepreneurs?

Originally printed in The Times of Israel BY ARIELLA DREYFUSS “In this world nothing can be said to be certain, except death and taxes.” Benjamin Franklin strikes again. However, in the world of high tech and Israeli tax there has been some uncertainty as to whether entrepreneurs, whose shares are subject to a reverse vesting mechanism […]

Israel: foreign construction companies get green light

In March 2016 the government adopted the housing cabinet’s recommendations regarding criteria for allowing foreign construction companies to begin operating in Israel. This move is one of the government’s strategies for increasing the volume of residential construction in Israel. The government decided, inter alia, to publish a federal RFP (request for proposal), containing the threshold requirements […]

Latest Briefings

Who should pay for fire safety building remediation costs?

In December 2020, we reported on the vote by the House of Lords on amendments to the Fire Safety Bill relating to the remediation costs associated with the replacement of the dangerous cladding panels and other fire safety defects. Both the Fire Safety Bill and the Building Safety Bill are anticipated to come into effect early this year.

‘Diversity is a given, Inclusion is a choice’ – actionable ideas

In our 3rd blog in the series, ‘Diversity is given, Inclusion is a choice’, Annelieke Jense and Frouke Horstmann provide practical ways based on their experience working with clients on how organisations can create a true inclusive culture by installing processes that mitigate unconscious biases.

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Antonio Garrigues retires from firm after sixty years

Antonio Garrigues has stepped down from the firm his father founded after sixty years, including over fifty in management roles at Europe’s largest independent practice. At a recent partners’ meeting Garrigues’ managing partner Fernando Vives was named executive chairman of the firm, while senior partner Ricardo Gómez-Barreda was re-elected for another four-year term. The partners […]

Nabarro ends hunt for French ally with Lefèvre Pelletier

After six months, Nabarro ’s hunt for a French firm to join its European alliance is over. On Monday the firm announced that it was signing up with Lefèvre Pelletier & Associés to fill the hole left when August & Debouzy quit the alliance earlier this year. Lefèvre Pelletier is an interesting choice. It is […]

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Nabarro signs up Lefèvre Pelletier as new French ally

Nabarro has formed a new French alliance with Lefèvre Pelletier & Associés seven months after breaking up with former alliance partner August & Debouzy. The new firm leaves the alliance with a total of 980 lawyers across 31 offices, made up of Nabarro in the UK, GSK Stockmann & Kollegen in Germany, Nunziante Magrone in […]

ECB must consider rewards for whistleblowers, says Eversheds

Eversheds partner Andrew Henderson has commented on the news that the European Central Bank (ECB) is set to establish a whistleblower system to get tips on banks that may be breaking its rules. He said: ‘As EU agencies, such as the ECB, are given more oversight powers, the establishment of a whistleblower mechanism is not […]

DLA Piper represents Pacific DataVision in 144A offering of shares of common stock

DLA Piper has represented Pacific DataVision, a provider of mobile workforce management solutions, in a 144A offering of shares of its common stock worth $218m (£134m). The law firm also represented Pacific DataVision in its $100m acquisition of FCC spectrum licences from Sprint Corporation, as well as its licensing transaction of $17.5m by Motorola Solutions. […]

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