Today (August 5, 2024), the Knesset (The Israeli Parliament) finally enacted amendment no. 13 to the Israeli Privacy Protection Law, following years of attempts to do so. The #amendment introduces comprehensive changes, with two of the key modifications being a scaled-down database registration regime, and the expansion of the regulator's #enforcement powers. 🔏 This amendment will impact every organization in Israel that processes #personal_data and could also affect non-Israeli organizations that handle Israeli data. Our Cyber, Privacy & Copyright Partners— Haim Ravia, Tal Kaplan, and Dotan Hammer—provide an insightful overview of these critical changes in their latest client update. For the full update: Hebrew >> https://lnkd.in/d3ey6Aiq English >> https://lnkd.in/dRib9g8K . . #Privcay #PrivacyProtection #Data #PersonalData #DataProtection #Law #PearlCohen #LawFirm #PearlCohen_IL
Pearl Cohen
Law Practice
Tel-Aviv, Israel 6,982 followers
With offices in NYC, Boston, LA, London and TLV, we bring a history of success to inspire & advise our clients
About us
Pearl Cohen is an international law firm with offices in New York, Boston, Los Angeles, Tel Aviv, and London. Representing innovation-driven companies and their investors, we serve clients around the world, from Fortune 500 companies to start-ups. Pearl Cohen’s practice is wide-ranging with professionals coming from numerous academic and professional backgrounds. We advise our clients on intellectual property strategy. We represent them in prosecuting and obtaining patent protection, protect their interests through intellectual property and commercial litigation, and we assist them with financing, commercial transactions, and real estate and employment matters. Pearl Cohen’s offices work together seamlessly to provide clients with integrated legal services advising on US, European and Israeli legal issues while ensuring that the full resources of the firm are available to each client. Pearl Cohen’s strength is derived from decades of legal experience and our intimate knowledge of the cutting-edge technological, legal, and transnational issues facing our clients. This combination of experience and knowledge allows us to provide advice that is both sound and innovative.
- Website
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https://www.pearlcohen.com/
External link for Pearl Cohen
- Industry
- Law Practice
- Company size
- 201-500 employees
- Headquarters
- Tel-Aviv, Israel
- Type
- Partnership
- Founded
- 1928
- Specialties
- Patent and Trademark Registration and Prosecution, Cyber and Internet, Management of Intellectual Property Portfolios, Corporate and Securities, High-Tech, Angel Investing & Venture Capital, Litigation, Licensing Transactions, Employment Law, Litigation, and Real Estate
Locations
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Primary
Azrieli Sarona Tower
53rd floor
Tel-Aviv, Israel 6701203, GB
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1500 Broadway
12th Floor
New York, New York 10036, US
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50 Congress Street
Suite 615
Boston, Massachusetts 02109, US
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The Gridiron Building One Pancras Square
London, N1C 4AG, GB
Employees at Pearl Cohen
Updates
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Congratulations to our client, Source Vagabond Systems Ltd., who announced yesterday the sale of 50% of its #share capital to Rakia Capital Investment Fund for 195M NIS! While Source is renowned for its iconic sandals, the company expanded into textile and tactical gear for #global #military forces in 2015, producing protection gear, combat helmets, hydration packs (where Source is one of the top three manufacturers globally), military tactical and shielding gear and integrated soldier systems in Israel and abroad.🫡 This deal reflects a valuation of 385M NIS for Source. Our partner, Shlomi Arbel, and senior associate Yossi Morel of the IL Corporate & Licensing Group represented Source in the transaction. For the full details (in Hebrew) >> https://lnkd.in/dUNkneSm . . #Defense #Industry #MergersAndAquisition #Corporate #CorporateLaw #PearlCohen #LawFirm
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Huge #congrats to our client, xFind (Acquired), for being acquired by SupportLogic! This is a significant milestone for xFind, a pioneer in Precision-Guided RAG knowledge technology. Shout out to Gal Nachum, Sariel Moshe, Aviv Zaken, and the entire xFind team for their consistent belief and dedication. We are eager to watch the company's journey of creating the ultimate platform for B2B support teams, through its joining forces with SupportLogic.🚀 Our partners Inbal Perlstein Mandelbaum and Lior Baruch, together with associate Dorin Cohn Arbel, represented xFind in this successful transaction. For further details >> https://lnkd.in/enfYqRRb . . #MergersAndAquisitions #HiTech #Tech #Transactions #PearlCohen #Innovative #LawFirm
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We had a great time hosting the Mamram Seeds program at our TLV office for their first legal venture. 🚀 Together with the accelerator's talented entrepreneurs, we explored trends in Hi-Tech, how to build a solid startup and plan for due diligence, and much more. Our partner, Hili Rashkovan, who has been accompanying the program since its inception, kicked off the evening, by sharing insights on startup pitfalls and the importance of solid founders’ agreements. ✨ Partner Uri Nesher then took the stage and demystified SAFEs and seed funding, followed by our associate Or Cohen’s fascinating session on data privacy and information security. Especially in these challenging times in Israel, we are proud to support the Mamram Seeds accelerator, empowering the next generation of Israeli entrepreneurs to create impactful ventures! 💪🏼 Mamram Alumni Association | Yossi Melamed | Ishay Gavriel | Ehud Naos | Doron Latzer | Guy Lachmann * * #Startup #Entrepreneurs #Founders #Israel #HiTech #Venture #PearlCohen #LawFirm #PearlCohen_IL
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The Israeli Competition Authority recently published its 2023 activity report, highlighting several key trends and developments: 📊 + Intensive Enforcement in the Food Sector: This trend is set to continue into 2024. + Tightening of Merger Conditions: Eight merger requests were withdrawn out of 164 in 2023, compared to only three in 2022. + Acceleration of Criminal Investigations: The Authority advanced several criminal investigations that had been pending in previous years. In his memo on the report, our firm's Head of Antitrust and Competition Practice, Tzahi Yagur, presents several 'macro' insights gained from the report. For the complete memo (in Heb), click here >> https://lnkd.in/dV9u4tWS . . #CompetitionAuthority #2023Report #Competition #Antitrust #Enforcement #BusinessInsights #PearlCohen #LawFirm #PearlCohen_IL
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As part of our ongoing support for the VC Club Foundation, our HiTech partners Hili Rashkovan and Guy Lachmann, delivered a professional workshop at the Technion VC Club last week. With approximately 40 highly talented students from the Technion - Israel Institute of Technology, across various faculties in attendance, Hili and Guy delved into the legal aspects of early-stage tech ventures, how to avoid misconceptions about IP matters, Tax, and Fundraising, and capture the right place and time for incorporating.💡 We proudly support the VC Club Foundation's valuable activities on multiple top university campuses in Israel and eagerly anticipate watching its participated journey in the HiTech ecosystem. Thank you, Technion VC Club, for this great collaboration! Dvir Dimi, Noam Keren, Ilan Zendel, Alon Cinamon . . #VC #Startup #Entrepreneurship #VCClub #LegalWorkshop #PearlCohen #PearlCohen_IL
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The recent failure in CrowdStrike's security software update, which disrupted health institutions, banks, airlines, and approximately 8.5 million computers worldwide, is estimated to exceed one billion dollars. This figure includes direct damage to CrowdStrike's clients due to system outages and indirect damage, such as additional labor costs. However, the actual extent of the damage appears to be much higher. In their article published yesterday in Calcalist כלכליסט, our firm's cyber and privacy group partners, Haim Ravia and Dotan Hammer, along with associate Shaked Feldman Yiftah, review this exceptional case from a legal perspective. Who can be held responsible for the damage? How does liability differ between the company’s clients and non-clients affected by the glitch, and what options might courts have in determining the liability? Click the links for the complete article 👇🏼👇🏼👇🏼 Eng >> https://lnkd.in/dQTy9rEH Heb >> https://lnkd.in/dZWmP3yQ . . #Software #Cyber #CrowdStrike #SoftwareGlitch #Data #DataProtection #PearlCohen #LawFirm #ExpertInsight
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Dramatic changes aimed at reducing the flood of class action lawsuits in Israeli courts will reach the Knesset for a first reading this week. The amendments are designed to ease the burden on small and micro-business owners facing multimillion-shekel lawsuits. However, the Israel Bar Association and other key figures in the legal arena are less enthusiastic about some of the changes. In a recent Globes article, Avraham Morel, a partner in our Commercial Litigation Group, discusses how the soon-to-be-abolished 'coupon benefits' system helped reduce the judicial system's burden and his stance on its cancellation. For the full read (in Heb) >> https://lnkd.in/dVzrguXm . . #ClassAction #Law #ClassActionSuits #IsraeliLaw #PearlCohen #Commercial #Litigation #Experts #PearlCohen_IL
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Huge #congrats to our client, CytoReason, for securing a $80M investment from OurCrowd, NVIDIA, Pfizer, and Thermo Fisher! 💫 We are proud to support CytoReason in its IP strategy and technology transactions and eagerly anticipate its future achievements. Well done!
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It has become a tradition: every summer, we host the 'No Agenda' investors cocktail, conducted by our partners Fusion VC and co-sponsored by Deloitte Catalyst. With exquisite wine and cuisine from Mashya Restaurant in Tel Aviv, over 400 top investors from the Israeli high-tech industry and our high-tech partners Uri Nesher, Evyatar Sadeh, and Hadar Volberg Groshar, gathered for an evening of networking, chances to catch up, learn about recent investments, and create new collaborations. Amidst the challenging times, seeing our vibrant community persevere and grow was inspiring. A big shout-out to Fusion's Guy Katsovich, Yair Vardi, and their team for organizing the exceptional evening. Special thanks to our own Guy Lachmann for leading the continuous collaboration with this talented group, and lastly - many thanks to everyone who joined! As always, it was a pleasure to meet friends and colleagues in casual attire😉 📸 by: Tali Talmid Flax + + #Israel #HighTech #Startup #Investors #Networking #Event
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