News & Events
The Israeli Supreme Court: Patent rights do not override Patients' rights!
By Tal Band, Chair of the Intellectual Property practice group | 30/06/2016
In a landmark judgment rendered on June 15, 2016, the Supreme Court allowed an appeal filed by The Manufacturers Association of Israel (“the Association”), but denied that filed by Merck Sharp & Dohme Corp. (“MSD”), thereby determining that MSD's patent term extension (“PTE”) for ezetimibe (EZETROL®, marketed in the US under the name ZETIA®), has expired. The judgment has significant importance, both with respect to the constitutionality, as well as to the purposive interpretation of the amendment of the Israeli Patents Law, 1967 back in 2006.
Conference: How to complete an exit in IP-intensive industries? How to properly execute a technology commercialization agreement? How to create a business strategy on the way to the lucrative deal?
By S. Horowitz & Co. | 29/01/2018
Our firm, together with Deloitte Israel, the international consulting and accounting firm, and Ropes & Gray LLP, one of the largest law firms in the U.S., will hold a special conference to help you, companies and startups, determine what needs to be done before contacting the investment funds, to what it is important to pay attention while negotiating for the commercialization or sale of intellectual property and how to overcome obstacles that might “kill” the deal. Among the speakers at the conference are Adv. Harry Rubin, Co-Head of Technology at Ropes & Gray, responsible for a long line of major international transactions and among the leading M&A professionals in the world; Adv. Anthony Bloch, Partner and Head of our Commercial practice group and Allon Freilich, a senior executive on Deloitte’s transaction team. For details and registration: https://lnkd.in/gBxNkekMore
Adv. Tal Band, Head of our Intellectual Property Practice, is the only Israeli lawyer chosen by Who’s Who Legal to be included as one of the world’s best Thought Leaders in the Life Sciences Industry.
By S. Horowitz & Co. | 09/01/2018
The selection followed a meticulous evaluation process including peer and legal expert feedback. Those with the highest level of support were selected for this exclusive list, comprised of only 2% of the candidates considered for all guides and Who's Who Legal. We are proud of Tal’s nomination and are confident that his expertise, professionalism and unique specialty will continue to lead us toward future achievements. The nomination was mentioned in "Yedioth Ahronoth". To read the full post click here: https://www.linkedin.com/feed/update/urn:li:activity:6356053798213025792More
How is it that nearly 20% of the workforce capable of working in hi-tech, does not get a worthy opportunity while companies seek workers abroad?
By S. Horowitz & Co. | 03/01/2018
This issue was addressed in a conference initiated by Adv. Shoshana Gavish, Head of our Employment practice group, together with the Power in Diversity ventures toward promoting diversity employment programs in the startup industry. This question was raised in a special Globes article, examining the methods for coping with the personnel shortage in hi-tech. For the full article in Globes, press here. https://lnkd.in/dD_PAsSMore
Event: Rewriting the Employment code
By S. Horowitz & Co. | 01/01/2018
We will be starting 2018 with a special conference that we will be hosting together with Power in Diversity, which engages in the promotion of diversity and equality in the high tech community and the integration of persons with disabilities into such sector. Adv. Shoshana Gavish, head of our firm’s Employment Practice Group, will explain what is needed in addition to mere slogans and will also present the practical aspect of integrating persons with disabilities from the perspective of Israeli labour law and regulations and how this may be done. Additional participants will include key members from the Ministry of Labour, Social Affairs and Social Services, Cisco and Nisha Group. Participation is free of charge but early registration is required. Click here for more details and registration: https://lnkd.in/gu8G4FRMore
Our firm is pleased to start 2018 in a collaborative effort with the Israel Diversity Program, which aims to create occupational diversity within the startup and hi-tech industry and promote the integration of people with disabilities.
By S. Horowitz & Co. | 01/01/2018
This morning, we hosted the initiative’s first sessions, marking one year to the extension order for employing people with disabilities, obligating companies to integrate people with disabilities within their work force and providing adapted job descriptions. Representatives of the Ministry of Economic Affairs, Cisco, Nisha and dozens of startup and hi-tech companies took part in the meeting, which addressed the applicability of the law, employer obligations and regulations and the promotion of business growth through diversity, innovation and containment. Adv. Shoshana Gavish, Head of our Labor Law practice group, elaborated on the application of the Law for Equal Rights for People with Disabilities in the private sector and the new extension order in the private sector, in a manner that beneficial to both employees and employers. To read the full article click here: https://www.linkedin.com/feed/update/urn:li:activity:6353610323810881536More
In a petition filed by our firm with the Supreme Court of Justice on behalf of the Association of Franchisees for the Mifael Hapayis (the National Lottery) and Toto (Israel Sports Betting Board (ISBB)) Franchisees in Israel
By S. Horowitz & Co. | 21/12/2017
The court was requested to cancel the respective decisions of the Minister of Finance and the ISBB, and to repeal the amendment to the Law for the Regularisation of Sports Betting, all of which provide for an arrangement aimed to disproportionately reduce the scope of sales commissions payable to the National Lottery and Toto franchisees. We further argued in our petition that the Minister of Finance’s decision is discriminatory, and was made without enabling the franchisees to voice their opinion. In addition, the Court was requested to cancel the provision set out in the National Lottery Permit providing for the closure of hundreds of points of sale operated by the National Lottery. The petition was filed by Advs. Gilad Katz, Joseph Mittelman, Ori Oz and Shira Revivo of our firm’s Dispute Resolution Practice Group. For the full article in TheMarker, press here: https://www.themarker.com/news/politics/1.4730535More
Most promising startups 2017- Conference
By S. Horowitz & Co. | 02/12/2017
Collaborations between Israeli companies abroad and in Israel are often reported in the press, yet disputes may arise in such circumstances around several issues, such as, “who is to be considered inventor of the technology and who owns it? The university, the researcher or the company?” said Tal Band, Head of the Intellectual Property Practice Group at our firm, at a conference that we held alongside Globes, Finnegan, Henderson, Farabow, Garrett & Dunner, LLP, Tel Aviv Stock Exchange and IVC Research Center . “In light of the potential for complex conflicts that may exist in situations of technology transfer,” he added,” it is recommended to determine the terms of the agreement and the details of the cooperation in advance and with all relevant players, while receiving skilled legal advice.” To read the full article in Globes, click here: https://lnkd.in/dvuCyPnMore
In an interview with Calcalist newspaper, Adv. Amir Assali, a partner in the firm's Capital Markets practice group, addressed the regulatory challenges stemming from the world-wide phenomenon of ICO's (Initial Coin Offerings).
By S. Horowitz & Co. | 30/11/2017
“There is no regulatory uniformity and we are witnessing a regulatory spectrum, ranging from absolute prohibition in China, the publication of warnings and an examination on a case by case basis in the UK, and the taking of a more active approach in other countries”. Adv. Assali added that “in Israel, the Chairman of the Israel Securities Authority has formed a special committee (for the purpose of examining the relevant regulatory issues), which is expected to submit an interim report by the end of the year." To read the full article in Calcalist click here: https://lnkd.in/dSYENuSMore
The next huge exit of Israeli high tech may be hiding here: On November 29th the IVC, Globes and the Tel Aviv Stock Exchange will announce the 10 promising start-ups for 2018
By S. Horowitz & Co. | 29/11/2017
At a celebratory event that will be held in the presence of senior executives and representatives of start-ups, a lecture will be given by Tal Band, Adv. Head of the Intellectual Property Group at our firm, regarding the legal challenges facing the commercialization of advanced technologies and the ways of dealing with them. Looking forward to seeing you there! For additional details and to register: https://lnkd.in/gKzmBrSMore
Our Corporate Department represented Chinese company Chengdu Kanghong Pharmaceutical Group, listed on the Shenzen stock exchange at a $6 billion market cap, in its investment in and staged acquisition of IOPtima,
By S. Horowitz & Co. | 26/11/2017
an Israeli subsidiary of BioLight Life Sciences Investments, traded on the TASE. The transaction will occur in four separate stages, the first comprising a $7 million investment in exchange for a 19% holding, the second comprising consideration of $17.2 million in exchange for a 41% holding, and the final stages will include the purchase of the remaining shares, with prices to be determined, for a total maximum acquisition value of just over $56 million. To read the full article click here: https://lnkd.in/eeSEkwAMore