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Articles 18 found

December 2, 2019
To disclose or not to disclose, that is the question
Commercial, Banking and Financial
A software company developed a product for a client according to its instructions, but the client demands compensation on the grounds that the software company did not reveal to it, before commencement of development, that there are competitors in the market. Sounds puzzling? These are exactly the facts of a case in which our firm […]
October 16, 2019
How to avoid being left out of the startup that you established
High-Tech and Technology
Steve Jobs, the brilliant mind behind Apple, who founded the company from his parents’ garage, was removed from his position in the company in 1985. In a 2005 speech at the Stanford University, he was quoted saying: “How can you get fired from a company you started?” But Steve Jobs is not alone in the […]
September 9, 2019
Blockchain and Crypto Insurance Companies
International Transactions and Dispute Resolution
In recent years, the insurance market has undergone a technological change, closing the gap between the old financial world and the new digital world, with its apps, services without humans and systemic technological changes in order improve and streamline ongoing work. Beyond the technological change, the change is primarily a change in perception, towards technological […]
September 8, 2019
On Kangaroo Food and Website Legal Terms
International Transactions and Dispute Resolution
When the Kangaroo Park at Nir David, an Israeli kibbutz by the Sea of the Galilee, wishes to order food for its residents, it can order it online without even knowing that the manufacturer operates out of Kingscote, South Australia – 13,000 Km southeast of the kibbutz. Nor is it aware that, when purchasing online, […]
January 27, 2019
You Shared or Liked on Facebook? The Court Claim Against you is En-Route
High-Tech and Technology
A friend shared on Facebook a picture or a post with his opinion on an election candidate. With great enthusiasm and a light hand on the keyboard, you decided to press the “like” button or even share the post. Does this make you responsible to whomever might be hurt by the post? Every day we […]
December 18, 2018
Employee Stock Option Plan – Nothing New Under the Sun
High-Tech and Technology
Every employee in the high-tech industry (and these days also in other sectors of the economy) knows the term “ESOP” and often start-ups, with the aim of saving legal costs, also create an employee stock option plan and option grant agreements instead of salary (or as part of the salary) without first consulting a lawyer […]
October 8, 2018
On (Employees) Stock Options and Divorces
High-Tech and Technology
Statistics indicates that more than a quarter of married couples in Israel will undergo a divorce. Some would say, like the well-known comedian Louis C.K., that marriage is just the preparation for the really good thing – the divorce. At the time of the divorce, the spouses’ assets are balanced and for this purpose each […]
July 11, 2018
“Fresh Start” – Is a company bound by pre-incorporation agreements?
High-Tech and Technology
Promises should be kept. However, what would you say of a new start-up whereby promises need not be kept? In the entrepreneurial world, it is customary for an entrepreneur to perform various actions on behalf of a company to be incorporated, even before its incorporation. Thus, for example, an entrepreneur would often hire employees, preform […]
July 19, 2017
Liability of purchaser of Company assets for past liabilities
International Transactions and Dispute Resolution
Many erroneously believe that it is preferable to purchase a company’s activity in a transaction for company acquisition and not the corporate vehicle itself, thereby avoiding the risk of assuming company debts.  Because of this, many believe that it is possible to avoid transaction costs by a simple acquisition agreement without need for a comprehensive […]
April 12, 2017
Money from the State? Sounds Chinese to Me
High-Tech and Technology
Every entrepreneur understands that in order to facilitate the innovative project conjured by him he needs funding. How? From whom? and how much would it cost? These are the main questions that bother many entrepreneurs because their significance is acute in realizing the project and turning it from a “brilliant idea” into a successful start-up. […]
February 1, 2017
The friend with whom I planned to established a start-up did it by himself. Can he?
Business, Corporate and Joint Ventures
Three friends developed an idea for a new venture and began formulating a business plan, a concept, logo etc., but like many other start-ups eventually the project was abandoned. One day, two of the friends discover that the third established a start-up based on the same idea. Do they have any right in the business? […]
January 4, 2017
How to save money incorporating a business (and pay dearly in the future)
Business, Corporate and Joint Ventures
The phrase “I do not have enough money to buy cheap” is true in many cases, but certainly when establishing a company or a business enterprise. Many are “saving” money on a lawyer (whether by making the crucial step of setting up a business without an attorney or by making it with an attorney who […]
September 28, 2016
Civil search warrant against an employee suspected of stealing trade secrets
Labor Law and Immigration
An Employer summoned an employee to a hearing prior to termination. Moments after the termination the employee began working for a competitor. A Routine inspection revealed that prior to the hearing the employee entered an employer’s confidential database and passed it on to his computer at work, with a heavy suspicion that the employee sent […]
April 13, 2016
What to do when if my Internet domain was ‘abducted’
Commercial, Banking and Financial
A client of our firm discovered that an Internet search of his shop name reaches a domain of another business, although such other business name is not even similar to the said domain name. The meaning of this is that potential customers seeking the name of the ship will reach the other business. Is there […]
December 1, 2015
Update of the law office of Warshaw Burstein, LLP, an American member of the EALG, as to the United States of America Securities and Exchange Commission (“SEC”) resolution to adopt regulations regarding crowdfunding
Business, Corporate and Joint Ventures
SEC Adopts Final Crowdfunding Rules   On October 30, 2015, the Securities and Exchange Commission (“SEC”) voted to adopt final rules – Regulation Crowdfunding1 – to implement the crowdfunding provisions of Title III of the Jumpstart our Business Startups Act of 2012 (the “JOBS Act”). Regulation Crowdfunding relates to new section 4(a)(6) of the Securities […]
October 14, 2015
Publishing of mitigations in the “start-up companies” plan of the Israeli Chief Scientist
Business, Corporate and Joint Ventures
Publications of Mitigations in the “Start-Up Companies” Plan of the Israeli Chief Scientist/ Nili Shohet   For various reasons, starting R&D companies find it difficult to raise funds at the private sector. Therefore, the Israeli Chief Scientist issued this unique program that may grant an enterprise a grant of between 50% to 85% of its […]
September 16, 2015
On the Importance of Internal Due Diligence Before Approaching Investors
Mergers and Acquisitions
Almost as in the oldest and most basic love story plots: company meets investor, Company and investor sign a termsheet, investor commences due diligence review of the company (review of the legal and accounting documents and other issues), investor informs the Company that material issues were revealed in the DD process and “we need to […]
September 17, 2014
When is it obligatory to obtain a database management license?
High-Tech and Technology
Many businesses have an internal database of customers and prospects. This database may contain only names and contact information, but in many cases it contains private information, from the customer’s bank account information to preferences and other “intelligence” information that infringes the privacy of the customer. Is a business holding such a repository required to […]