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India to Bid for Israeli Offshore Oil-and-Gas Exploration Rights

India’s bid for Israeli offshore oil-and-gas exploration blocks could be the first major deal since Prime Minister Narendra Modi’s historic trip in July.  The deal emphasizes how Israel and India are expanding beyond their deep defense ties into sectors such as energy and technology.  To read more, read the recent article in Haaretz. And don’t forget to … Continue Reading

Global Employment Law: August 2017 Roundup

Please see our global roundup of employment developments for August 2017 to learn about the latest advancements in employment law around the world. Highlights include: New Zealand: Pay Equity and Equal Pay Bill introduced, Austria:  New quota for female board members from January 2018, Kuwait: Reform to end of service gratuity increases cost to employers, and Romania: Key changes to labor … Continue Reading

The data protection officer is a complex puzzle under the GDPR

The role of the data protection officer (DPO)  is is one of the most controversial changes introduced by the EU Privacy Regulation.  While this role was already provided by the privacy legislation of some countries, recently it has become compulsory in some circumstances.  In his article, our colleague Giulio Coraggio breaks down the liabilities and obligations of the DPO … Continue Reading

Indo-Israeli Innovation Accelerator Launched in India

Collaborative Intelligence (CI), an Indian Tech company, partnered with Israel Tal Catran from TC Holdings, to launch the first ever Indo-Israeli Innovation Accelerator. The accelerator that was formerly launched this past Tuesday plans to differentiate itself by fast tracking the monetization of products and technology. To learn more about this exciting new Indo-israeli accelerator, read … Continue Reading

China introduces new rules to “purify” online video content

With effect from 1 July 2017, new rules have been introduced by the China Netcasting Services Association (“CNSA”) which increase the regulatory scrutiny applied to online video content. The rules, which are aimed at video hosting services which allow users to upload content, are drafted broadly, meaning that almost all video content will be affected. … Continue Reading

Virtual currency gets regulated under anti-money laundering laws

Virtual currency for the 1st time falls under Italian anti-money laundering law with the decree implementing the European 4th AML Directive. The long awaited Italian legislative decree implementing the European 4th anti-money laundering (AML) directive (the “Italian AML Decree“) is now in place and you can read here about the impact on the gaming sector and here on the … Continue Reading

US lawmakers introduce bill to address cybersecurity flaws in the Internet of Things

A bipartisan group of US senators has introduced the Internet of Things (IoT) Cybersecurity Improvement Act of 2017, which seeks to impose baseline cybersecurity standards for IoT devices sold to the US government.  The bill, defines “Internet-Connected Device” to mean “a physical object that—(A) is capable of connecting to and is in regular connection with … Continue Reading

New Ruling by the Supreme Court of Israel Marks a Potential Setback For Private Enforcement Against Alleged International Cartels

Recently, in a class action filed against several alleged member of the alleged international LCD cartel, the Supreme Court of Israel issued a decision, relating to the procedural matter of service. Although private enforcement of alleged international cartels has been on the rise in recent years; the decisions represents a potential setback for plaintiffs seeking … Continue Reading

Trade secrets are more important, and trade secret litigation is more common: 7 questions to ask yourself about protecting your company

In today’s business environment, trade secrets have become much more important, and trade secret litigation much more common.  Three long-term trends– (i) reduction in patenting and corresponding increase in keeping technical information secret; (ii) ease and frequency of trade secret theft; and (iii) better and more venues for trade secret litigation– make the identification, protection … Continue Reading

SEC report on tokens as securities: seven takeaways

One of the more interesting phenomena in early-stage investing is the recent emergence of initial coin offerings (ICOs), token generation events (TGEs), or similar distributed ledger or blockchain-enabled means for raising capital. Much has been written about whether the tokens issued in these structures involve “securities”, and last week, the SEC issued a report on tokens as … Continue Reading

How to Avoid Startup Legal Headaches

This post is part of Acuity’s Master Class Series, dedicated to shedding light on financial and other influential industry topics.  Entrepreneurs are known for breaking boundaries and taking risks, but when it comes to startup legal matters, proceeding with caution is the smartest approach. Acuity recently sat down with Brian Gordon, a Partner in our Atlanta office, … Continue Reading

LaTam Law – Legal Insights on Issues Important to Latin America

  As business between Israel and Latin America continues to grow exponentially, we wanted to share some of DLA Piper’s LaTam resources with you: Latin America Global Practice is a full service group of lawyers and professionals who deliver world-class advice to clients with operations or investments in Latin America. LaTam LinkedIn Showcase Page provides regular … Continue Reading

UK widens the scope of patent protection

On July 12th, the English Supreme Court introduced a major change to English patent law, extending the potential scope of protection of a patent beyond the interpretation of its claims to variants which achieve substantially the same result in substantially the same way as the invention of the patent.  To read more about the case … Continue Reading

The Mutual Agreement Procedure: A Taxpayers’ Tool Reinvented

Tax risks of multinational enterprises are expected to continue to increase post-BEPS (Base Erosion and Profit Shifting) as tax authorities globally increase their scrutiny on their cross-border tax transactions. This trend is anticipated in the OECD/G20 BEPS Action Plan: one of the Actions in it attempts to complement efforts to address BEPS with measures that … Continue Reading

Outsourcing Dos and Don’ts

Read The Top 20 Do’s and Don’ts for Outsourcing Deals — from the customer’s perspective — compiled by Kit Burton, Global Co-Head of our Technology Sector.… Continue Reading

How the Internet of Things changes banks and financial services

The Internet of Things (IoT) is going to change the models of business of the financial services sector, unveiling new legal issues. The new models of business of the IoT are going to be disruptive, placing companies in front of legal problems that they had never experienced before. And the same rule is valid with … Continue Reading

Getting up to speed on blockchain, Bitcoin, Ethereum, cryptocurrencies and ICOs

Much has been written recently on blockchain, Bitcoin, Ethereum, cryptocurrencies and initial coin offerings (ICO). Unfortunately, for non-computer scientists, trying to understand these concepts and their potential implications can be a bit overwhelming. To help all of those non-technologists trying to get their heads around blockchain, Bitcoin, Ethereum, cryptocurrencies and ICOs, our colleague Trent Dykes pulled … Continue Reading

Not the Last Word: The Final Report on the E-Commerce Sector Inquiry

On May 10th , DG Competition of the European Commission published the Final Report of its e-commerce sector inquiry, representing a proactive step for the Commission in fulfilling its competition-oriented aim of providing better access for businesses and consumers to online goods and service across Europe by removing unjustified company erected barriers. DLA Piper’s Antitrust and … Continue Reading

Groundbreaking Israeli Data Security Regulations Enacted

GDPR is not the only privacy and data protection regulation that will go into effect in 2018.  The Israeli Parliament recently approved the Protection of Privacy Regulations (Information Security) 2017, which establishes specific requirements with respect to personal data collected and maintained in databases. Read here for more information from our friends at Yigal Arnon & … Continue Reading

Privacy Update – Japan

In the wake of our second marquee WIN dinner in Tel Aviv a few weeks ago (to over 25 GCs), featuring a wonderful presentation by our Brussels-based colleague, Patrick Van Eecke, on data protection developments in Europe and around the world, please click https://www.dlapiper.com/en/us/insights/publications/2017/01/update-on-amendments-to-japans-privacy-law/ for our update on Japan’s privacy law, which were just announced at the … Continue Reading

JP Morgan Healthcare Conference – San Francisco

It was a privilege welcoming many of our Israeli friends at the various events that we hosted in San Francisco during the annual JP Morgan Healthcare Conference in mid-January.  Programming is now underway for an innovative digital health event that we plan to host here in Israel during Q2.  In the meantime, please read our report below covering one … Continue Reading

New EU ePrivacy rules in the making

If you thought the EU General Data Protection Regulation is a lot to contend with, just wait until you learn about the new Regulation that is likely going to replace the 2002 EU ePrivacy Directive.  A version of the draft regulation was recently leaked, and it indicates a potentially significant impact on any organization, whether … Continue Reading
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