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20 stories about Legal

Tel Avivians Ask the City to Require Permits for Airbnb Operators

23.07.19|Lital Dobrovitsky

In Tel Aviv,the battle against Airbnb rentals has just gone one step forward. Tired of having their complaints to the city go unanswered, 12 residents filed a petition Monday to a Tel Aviv district court against the city, demanding it takes action against unlicensed Airbnb rentals

Teva Falls on Pre-Market Trading After Morgan Stanley Downgrade

15.07.19|CTech

Teva recently reached an $85 million settlement with the State of Oklahoma regarding its alleged role in the state’s opioid crisis, but is still facing many more claims

Telegrass' Marijuana Operation: Method, Testimonies, and Question Marks

10.07.19|Amir Kurz

On March 12, Israel Police arrested 42 people suspected of holding top management positions in Israeli drug distribution network Telegrass, which operated via encrypted instant messaging app Telegram

Court Approves One Teva Opioid Settlement, Many More to Come

25.06.19|Hezi Sternlicht

The settlement will see Teva will pay Oklahoma a one-time payment of $85 million to settle claims that it had played a role in exacerbating the U.S. opioid use epidemic there

SEC Sends Enforcement Action Notice to Interception Firm Ability

23.06.19|Tzally Greenberg

The notice is the result of an anti-fraud violation investigation that has been ongoing since 2017 and pertains to Ability's 2015 merger with shelf company Cambridge

Israel’s National Biometric Database Authority Failed to Report Two Security Incidents

16.06.19|Omer Kabir

The authority failed to report the incidents—which took place in 2017 and 2018—to its overseeing parliamentary committee, a committee that apparently hasn’t convened since 2017

Israeli Crypto Exchange Can Keep its Bank Account, Supreme Court Rules

04.06.19|Meir Orbach

In 2015, Israel-based Bank Leumi placed restrictions on the account of Bits of Gold, prompting the exchange to appeal to the courts

Teva Reaches $85 Million Settlement in Oklahoma Opioid Damages Suit

27.05.19|Hezi Sternlicht

Teva is one of several opioid manufacturers being sued in the U.S. by different states and private entities for its alleged role in the nation's opioid addiction crisis

Israel’s Electric Corporation Approves Compensation Settlement with Egypt

23.05.19|Lior Gutman

IEC had a standing agreement to receive gas from Egypt, but a series of sabotage explosions of the gas pipe during the Arab Spring led to it being shut down since

Bitcoin's Asset Status Makes its Profits Taxable, Israeli Court Rules

21.05.19|Omri Milman

An appellant, rejected Monday, acquired bitcoin in 2011 and sold it in 2013, netting a profit of around NIS 8.3 million that he claimed should not be subject to a capital gains tax

Stox Investor Drops Fraud Lawsuit Against Crypto Entrepreneur Moshe Hogeg

16.05.19|Hagar Ravet

A lawsuit filed in Tel Aviv in January alleged crypto company Stox and Israeli entrepreneur Moshe Hogeg stripped investors of their money

This Is how Teva and 19 of its Rivals Fixed U.S. Drug Prices

15.05.19|Hezi Sternlicht, Ran Abramson, and Tomer Ganon

A 524-page civil lawsuit filed Friday in the U.S. alleges that 20 generic drugmakers colluded to influence drug prices, with executives meeting regularly to set prices and split the market

Teva’s Shady Legal Past Still Weighs on the Debt-Laden Pharma Company

12.05.19|Hezi Sternlicht

On Friday, 43 states joined Connecticut in filing a lawsuit against senior Teva executives and against over a dozen former and current senior executives at leading generic drug companies, alleging all were involved in a drug price-fixing conspiracy

The CRISPR Races

10.05.19|Dov Greenbaum

From racehorse breeding to human medicine, CRISPR gene editing is the future. Researchers worldwide are racing for the patent

מימין מנכ"ל אנבידיה ג'נסן הואנג ומנכ"ל מלאנוקס איל וולדמן

Investors Sue to Block Mellanox-Nvidia Deal, Report Says

02.05.19|CTech

Nvidia announced a deal to buy the Israeli chipmaker for $6.9 billion in March

Israel Nets Additional NIS 250 Million From Israel Chemicals in Final Arbitration

29.04.19|Micky Grunfeld and Omri Milman

ICL, which holds the mining rights to the Dead Sea until 2030, is one of the largest potash suppliers in the world

Israeli Supermodel Bar Refaeli’s Tax Struggles Are Long From Over

23.04.19|Omri Milman and Tomer Ganon

An Israeli court recently ruled the model will have to pay evaded taxes for an income of $4.5 million, but Refaeli still has to contend with the Israeli tax authority on two more fronts, including possible criminal charges

Technion Suing Senior Professor for 50% of His Company Stake

22.04.19|Lital Dobrovitsky

Computer Science Professor Eli Ben-Sasson founded a blockchain company with his PhD candidate. Now, the Technion is claiming the company’s intellectual property as its own

Israeli Supermodel Bar Refaeli to Pay Evaded Taxes for Earnings of $4.5 Million

22.04.19|Tomer Ganon and Omri Milman

The Israeli model has been under investigation by the Israeli tax authority since 2015, suspected of falsely reporting she was living outside of Israel to evade taxes

Bidder Contests Teva Sale of Jerusalem Facility

31.03.19|Amitai Gazit and Lilach Baumer

Earlier this month, Teva agreed to sell the land tenure rights of its two Jerusalem factories, set to close by the end of 2019, for a combined $77 million

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