Legal

The Lod District Court has ruled that a lawsuit against four banks for failure to pay interest on current accounts can proceed as a class action.

Two officials are reported to have worked in other jobs while responsible for air transport safety in Israel.

"Globes" examines how passengers on flight FZ 1073 can sue, what they have to prove, and whether they can claim for psychological harm.

The Tel Aviv District Court has agreed to the request in light of a $20 million debt to Liquidity Group.

A conference entitled “As AI Accelerates, Cybersecurity Doesn't Stay Behind," held by Lipa & Co law firm and the Association of Corporate Counsel (ACC) Israel, discussed managing risk, safeguarding privacy, and establishing effective AI governance frameworks.

Teva says it rejects any claim of misconduct on its part and pledges to cooperate with the authorities throughout the process.

The Competition Authority is heavily penalizing official importers who try to thwart cheaper supplies via other channels.

The arbitration award was issued, and the losing party has gone to court, blaming ChatGPT.

Justice Alex Stein issued a temporary injunction holding back  transfers of money approved in yesterday’s committee session, except for those relating to emergency civilian expenditure.

Steinmetz and his wife Agnes Bouaziz are being charged a corporate tax rate for the sale of the house in Arsuf.

Discount Bank and Bank Hapoalim are demanding that the government should replace them in providing correspondent bank services, amid growing fears of involvement in terror financing.

The Hebrew University's Dr. Keren Bar-Hava has found her research used by both proponents and opponents of a US bill to allow semi-annual instead of quarterly reporting by Wall Street companies.

The suspects, current and former Israel Tax Authority employees, allegedly took bribes in return for facilitating false tax rebates.

In the High Court of Justice, Judge Ofer Grosskopf issued a temporary injunction, saying "weighty claims" had been made concerning both the legislative procedure and the law's content.

The law promoted by Minister of Communications Shlomo Karhi revamps regulation of broadcasting and gives the minister greater powers. Several petitions were immediately filed against it.

Israel’s High Court today issued a temporary injunction suspending the law enacted by the Knesset plenum yesterday to cancel the arrest of haredi draft dodgers.

The Supreme Court's statement follows the government's declaration that it will not comply with a ruling on the Council of the Second Authority for Television and Radio.

The Israeli company’s proxy network NetNut has allegedly been used by cybercriminals to disguise malicious traffic.

The Israeli auto-tech company’s market cap has slumped from $3.1 billion to just $6 million.

“Globes” details the restrictions that will apply to the former most powerful person in the Israeli economy.

The bondholders together with Klirmark Capital are providing a short-term loan of $80 million to enable Simad's summer camps to keep running.

The class action alleges that El Al was part of a global cartel fixing cargo prices. El Al denies the claim.

Altana BV, owned by German billionaire Susanne Klatten filed a lawsuit in the Central District Court to open insolvency proceedings, but withdrew the suit the following day after negotiations.

The Bar Association Committee for the Defense of the Profession is demanding that David Popovich should take down his LoFrayer app.

The amount of tax collected so far has fallen well short of the NIS 2-3 billion the Tax Authority had expected.

The investors have filed a lawsuit for NIS 50 million against the estate of the late Ran Poliakine, the company founder, and his partner Moshe Dan Azogui.

The tech giants seek operational stability and the move could moderate the strengthening of the shekel by dampening demand for the Israeli currency.

The former minister of finance agreed a plea bargain for securities offenses when he was chairman of non-bank finance company UnetCredit.

The trend of leaving large law firms for in-house positions in high-tech is fading as more lawyers return to private practice. “Globes” speaks to three lawyers who have made the return journey.

Former Finance Minister Moshe Kahlon has admitted to concealing information, when he was chairman of non-bank finance company UnetCredit.