Welcome to the February 2020 issue of our global newsletter, Israel Group News. DLA Piper's Israel Group delivers all the benefits of a global law firm through a team of lawyers committed to the Israel market.
Israel Group News aims to keep you informed about current developments, hot topics for your consideration and DLA Piper activities that focus on bringing this dynamic ecosystem to your doorstep. We hope you enjoy.
DLA Piper GDPR Data Breach Survey 2020
According to DLA Piper's latest GDPR Data Breach Survey, data protection regulators have imposed €114 million ($126 million/£97 million) in fines for a wide range of GDPR infringements, not just for data breaches. Read about how countries have been managing GDPR violations here.
We are proud to report that in the fourth quarter of 2019, we commenced projects for over 60 Israeli companies on multiple matters in the following 38 jurisdictions: Australia, Austria, Belgium, Brazil, Canada, China, Denmark, Ecuador, European Union, Finland, France, Germany, Hong Kong, Hungary, Ireland, Italy, Japan, Lithuania, Luxembourg, Malaysia, Mexico, Morocco, Netherlands, Norway, Poland, Portugal, Romania, Russia, Singapore, South Africa, South Korea, Spain, Sweden, Switzerland, Thailand, Ukraine, the United Kingdom and the United States.
Below are some representative matters in which we assisted our Israeli clients around the world:
- Commercial issues in Australia, Austria, Belgium, Brazil, Canada, Denmark, Finland, Germany, Hong Kong, Italy, Mexico, Morocco, Norway, Portugal, Singapore, Sweden, the United Kingdom and the United States
- Corporate and securities issues in Austria, Belgium, Denmark, Ecuador, France, Germany, Hong Kong, Ireland, Italy, Japan, Luxembourg, Mexico, Netherlands, Norway, Singapore, Spain, Sweden, Switzerland, the United Kingdom and the United States
- Employment guidance in Australia, Belgium, Brazil, Canada, China, Denmark, France, Germany, Hong Kong, Mexico, Morocco, Netherlands, South Africa, Spain, Ukraine, the United Kingdom and the United States
- Financing transactions in Hong Kong, the United Kingdom and the United States
- Litigation guidance in Brazil, Canada, France, Germany (patent litigation), the United Kingdom and the United States (commercial, wrongful termination and patent litigations)
- M&A transactions in Brazil, Netherlands, Romania, Singapore, Ukraine, the United Kingdom and the United States
- Patent guidance in China and the United States
- Privacy guidance and compliance (including with respect to the GDPR and the CCPA) in Brazil, China, European Union, France, Germany, Japan, Spain, Switzerland, the United Kingdom and the United States
- Private equity fund investments in Canada, Denmark, Russia, the United Kingdom and the United States
- Real estate leases in China and in various locations in the United States
- Regulatory issues in Brazil, Canada, China, European Union, France, Germany, Hong Kong, Hungary, Lithuania, Malaysia, Mexico, Morocco, Netherlands, Norway, Poland, Portugal, Romania, Russia, South Korea, Spain, Sweden, Ukraine, the United Kingdom, the United States and globally
- Strategic agreements, partnerships and joint ventures in Australia, China, Japan, Singapore, the United Kingdom and the United States
- Trademark assistance in European Union, Germany, Russia, the United Kingdom and the United States
- Tax issues in Brazil and the United States
MORE NEWS FROM DLA PIPER
Below is a sampling of some recent client alerts that we believe would be of interest to our Israel-connected clients. For a full menu of our daily publications, please click here.
The US Department of the Treasury just released two sets of new regulations that comprehensively implement the Foreign Investment Risk Review Modernization Act (FIRRMA) – a law that strengthens the authority of the Committee on Foreign Investment in the United States (CFIUS). Read more here.
Our 2019 in review, 2020 preview compiles the most significant employment developments and trends across Europe, the Middle East and Africa, Asia Pacific and the Americas in 2019 and looks ahead to the key changes expected to come into effect in 2020.
Our Los Angeles team shares its insights in this year’s edition of Real Estate Rewind, which reflects on trends and market developments over the last 12 months. Read more here.
The SEC recently proposed amendments to the long-standing definition of “accredited investor,” an important qualification standard under the securities laws that determines what types of investors may invest in certain kinds of private securities offerings.
On December 5, 2019, we co-sponsored Axis Corporate Edition: Telecom. Naomi Maryles, director of Israel Business Development, led a panel entitled “New Value Added Services,” where selected Israeli startups pitched their solutions for new services that telecom operators can provide to consumers, businesses and industries. Learn more.
On December 12, 2019, we were honored to host Ambassador R. Nicholas Burns, senior counselor at The Cohen Group and former Under Secretary of State for Political Affairs and US ambassador to NATO and Greece, at an intimate breakfast for clients and friends. Ambassador Burns discussed the global battle against BigTech and the divide between Washington and Silicon Valley. He also shared his views on the impact of major global events and crucial policies being debated ahead of the upcoming US election. Learn more.
On December 19, 2019, we partnered with Clarity Capital KCPS and Eisner Amper to purchase, wrap and deliver holiday gifts to children who are being treated by Save a Child’s Heart, as well as to their caregivers. Save a Child’s Heart is an Israeli-based international humanitarian project whose mission is to improve the quality of pediatric cardiac care for children from developing countries who suffer from heart disease. We also had the opportunity to visit the Save a Child’s Heart children’s home to deliver the gifts in person to some of the patients and their mothers. To learn more about the life-saving operations that Save a Child’s Heart performs, click here.
On January 21, 2020, Andrew Dyson and Robyn Palmer from our UK Privacy team led our second privacy and data protection training session for local general counsels. The interactive workshop provided attendees the opportunity to learn more about the practicalities of maintaining an effective privacy office under GDPR and CCPA, and included discussions on key risk areas, regulatory enforcement trends, emerging breach claims, the impact of the Schrems II case, Brexit and more. Learn more.
- Global M&A and Venture Trends – March 2020
- YU Wall Street Group event focused on China/US relations – March 16, 2020
- Women's Networking Event – TBD
- 8th Israel Real Estate Summit – May 5, 2020
- WIN dinner with Melinda Upton – May 2020
- Country event focused on Ireland – June 2020
- Country events focused on Latin America, the Nordics, Central Eastern Europe and Africa – TBD
- Cannabis: Canada and Israel – TBD
- Digital Transformation – TBD
- Global Compliance – TBD
- Brexit – Q4 2020
Stay tuned for information on additional events we are planning for 2020! If you would like to receive invitations to DLA Piper Israel Group events, click here.
- Israel must update privacy laws to continue working with Europe and California PC Magazine, January 27, 2020 (in Hebrew)
- Privacy Protection Walla News, January 26, 2020 (in Hebrew)
- 2020 vision: Biometric technology in China Globes, January 8, 2020
- Not only trade war: That’s how powerful countries deal with harassment at work Forbes, September 29, 2019 (in Hebrew)
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Get fresh perspectives and insights from DLA Piper and our Israel Country practice – find us on LinkedIn and Twitter, and subscribe to Israel Global Gateway, a blog about business and legal issues important to Israeli companies, investors and entrepreneurs in support of their global activities. If you would like to receive invitations to DLA Piper Israel Group events, click here, and to join the Israel Group mailing list, click here.
We actively represent Israeli investors and companies (well over 225 since we started the practice over ten years ago) on 65+ matters every month in connection with many of their activities requiring legal counsel across the globe, including transactional, commercial, regulatory, intellectual property, employment, litigation and tax issues. We also routinely assist a growing number of our multinational clients (over 200 to date) with respect to their Israel activities (in cooperation with local firms with whom we work closely). In addition, we are always looking to create opportunities for our Israeli clients by leveraging the global relationships we manage to match up strategic partners, potential joint ventures and other business-to-business connections around the world.
The content of this article is intended to provide a general guide to the subject matter. Specialist advice should be sought about your specific circumstances.