Israel Global Gateway

Connecting Israel to the World

Latest from Israel Global Gateway

Employee mobility is a boon to employers and employees alike, but it also presents unique challenges for preserving trade secret information. Those challenges include not only preserving one’s own trade secrets on the back end, but also defending against accusations that an employee has misappropriated a former employer or third party’s IP on the front end. Rather than waiting for those challenges to ripen into costly litigation, employers should adopt four best practices on the…
We hosted our second Executive Learning Series event with a breakfast discussion and tour of Mobileye by one of its co-founding engineers, Mois Navon. Mois told his personal story and how he eventually ended up at Mobileye after a series of twists and turns in his life. He described the evolution of the company, why Intel decided to acquire it a premium and where the company is headed.  Mois also led the group on a…
On October 15, 2018, a new amendment to the New York City Human Rights Law regarding employer obligations when responding to an employee’s potential need for a reasonable accommodation will go into effect. The amendment requires employers with four or more employees in New York City to enter into a “cooperative dialogue” with any employee who may be eligible for a “reasonable accommodation” for issues related to (1) disability, (2) pregnancy, childbirth or a related…
Argentina’s new Law 27,430 introduces a new taxable event: a Value Added Tax (VAT) applicable to the importation of “digital services” rendered by a non-resident to a resident individual or entity when the effective use or exploitation of the service is carried out inside Argentina. An earlier regulation, Decree 354/2018 of April 23, 2018, a deficient attempt to regulate the VAT applicable on digital services, was recently repealed. In this alert, we review the current…
Governor Jerry Brown signed a bill into law on September 30, 2018 requiring publicly held companies based in California to have at least one female on their boards of directors by the end of 2019, and, depending on the size of their boards, additional females by the end of 2021. Financial penalties will apply for noncompliance. With the enactment of this law, California becomes the first state in the US to mandate gender diversity in…
In a private company setting, after the founders have been issued fully vested or restricted stock under their stock purchase agreements, the employees, consultants, advisors and directors who are subsequently hired commonly receive equity compensation through stock options. There are a number of reasons for this, including ease of administration, macro- and micro-market norms and a desire to minimize the capital commitment for the individuals who are to receive equity awards. Consistency is also important,…