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Shlomo Karhi  credit: Noam Moskowitz, Knesset Press Office Knesset passes broadcasting reform

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.

Haredim protest arrest of draft dodgers credit: Police Spokesperson High Court suspends law banning arrests of haredi draft dodgers

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.

Minister of Justice Yariv Levin and President of the Supreme Court Yitzhak Amit   credit: Noam Moskowitz/Knesset Spokesperson's Office, Yonatan Zindel/Flash90 Judges: Flouting court rulings exposes public servants to lawsuits

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.

Alarum Technologies CEO Daniel Shachar credit: Shutterstock illustration Tali Bogdanovsky Alarum Technologies slumps following FBI probe

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

REE CEO and cofounder Daniel Barel REE delists from Nasdaq, seeks stay of proceedings

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

Nochi Dankner credit: Tamar Matsafi Nochi Dankner begins new life after bankruptcy

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

Simad summer camp  credit: company presentation Simad creditors extend loan to save company's business

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

El Al credit: Idan Wachtel El Al to settle lawsuit from 2000 for NIS 60m

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

Benny Landa  credit: Miguel Gutierrez Dutch co sues Landa Labs over €16m debt

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.

LoFrayer founder David Popovich, Bar Association Committee for the Defense of the Profession chair Adv. Yosef Weitzman  credit: personal photograph, Idan Cohen Lawyers threaten startup offering AI parking ticket appeals

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

Israel Tax Authority director Shay Aharonovich Tax Authority crypto voluntary disclosure disappoints

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

Israel Aerospace Industries credit: Shutterstock SIXAI investors sue after IAI venture fails to take off

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.

Nvidia Israel HQ credit: Shlomi Yosef Nvidia, Google ask to pay Israel taxes in dollars as shekel gains

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

Moshe Kahlon Credit: Rafi Kotz and Yossi Cohen Moshe Kahlon handed suspended sentence and fine

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

Advs. Shani Weiss, Efrat Cohen and Yaniv Aronowich credit: Jonathan Bloom, Rami Zarnager and Bar Shani Tech lawyers return to the fold

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.

Moshe Kahlon Credit: Rafi Kotz and Yossi Cohen Kahlon agrees plea bargain on securities offenses

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

Sde Dov credit: Guy Yehieli Court delays Sde Dov land lottery due to contamination

The Herzliya Magistrates Court has postponed the lottery until August.

Nochi Dankner credit: Tamar Matsafi Banks ask court to declare Nochi Dankner bankrupt

The debt settlement with the banks, agreed three months ago by the former IDB Group controlling shareholder, has collapsed.

Haredim protest enforce draft credit: Shutterstock Supreme Court orders financial sanctions for draft evaders

The ruling instructs government bodies to withdraw financial benefits including subsidies for daycare centers, discounts on public transport, discounts on municipal taxes, and discounts on the purchase of apartments.

Danny Tobey, Sean Fulton & Coran Darling credit: DLA Piper Don’t let your AI become a deal breaker

DLA Piper America’s AI and Data Analytics Practice discuss how AI acts as a ‘risk amplifier’ in M&A deals.

Arkia credit: Arkia spokesperson Arkia acquisition talks break down amid legal threats

US investors led by Elliot Zemel claim the Nakash brothers violated agreements and are demanding compensation if the deal does not proceed.

Israel's roads  credit: Shutterstock Court rules missile alert no excuse for speeding

The Central District Traffic Court ruled that the alerts do not justify driving at the speed at which the defendant was driving.

Israeli company Nova on Nasdaq screen  credit: Nasdaq Inc. US-traded Israeli cos subject to new insider deal rules

Israel has not been exempted from an SEC requirement for directors and officers to report deals in company securities within 48 hours.

El Al credit: Ido Wachtel El Al fined for abusing hangar monopoly

After being fined by the Israel Competition Authority for price gouging during the war, the airline is now in hot water for allegedly denying Arkia hangar services.

Adv. Dr. Raphael Tautz and Adv. Matthias Schuhmacher credit: PR Pearl Cohen opens Munich office

Pearl Cohen Zedek Latzer Baratz law firm has added to its group the Tautz & Schuhmacher law firm in Munich.

Wiz CEO Assaf Rappaport credit: Omer Hacohen Raftt sues Wiz over ‘phantom’ acquisition

Raftt's suit in the Tel Aviv District Court claims Wiz mispresented that it had acquired Raftt for tens of millions of dollars. Wiz: We’re certain this suit will be deemed groundless.

Fictitious invoices Illustration: Gil Gibli Tax Authority combats fake invoices linked to identity theft

Following the Israel Tax Authority’s success in fighting fictitious invoices, criminal organizations have switched to identity theft to plant huge numbers of invoices into the accounting systems of large companies.

Army Radio credit: Einat Levron Supreme Court suspends closure of Army Radio

The cabinet will now be required to justify why the closure of Army radio should not be annulled.

Israel Navy submarine  credit: IDF spekesperson Submarine procurement inquiry finds systemic failings

The Grunis Commission of Inquiry into the procurement from Germany company Thyssenkrupp recommends structural changes in military procurement procedures.

Israel Tax Authority director Shay Aharonovich Tax Authority crypto voluntary disclosure falls flat

Israel Tax Authority director Shay Aharonovich admits disappointment in the response but has not written off the procedure yet.

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