Legally Israel – News Roundup March 18th 2021

As we step towards Passover, it has been a SPACtastic week again in Israel. While Herzog, Fox & Neeman acted for PLAYSTUDIOS in huge SPACmerger in mobile gaming sector, Meitar advised Israeli fintech company, eToro on a record-breaking merger via another SPAC by FinTech Acquisition Corp. V represented by Gornitzky & Co. While their valuations surged into the billions, the UAE announced a USD 10 Billion investment fund with Israel, focused on energy, manufacturing, water, space, healthcare and agritech, with an emphasis also on ports and railways. Herrick, Feinstein LLP advised Datto, Inc. on the acquisition of Israel’s BitDam Ltd., a cyber threat detection company.

Greenberg Traurig to hold webinar entitled: “Own Your Aliyah, Consider your Career: Opportunities, Obstacles and the Fabled “Work-Life Balance” and Asserson’s Yis Hiller writes about the Legal ramifications of Prince Harry and Meghan Markle’s tell-all Interview. Additional articles include ‘The Changing U.S. Cannabis Legal Landscape: Challenges and Opportunities for Israeli Companies and Investors’ authored by Carter Ledyard & Milburn and Shibolet & Co. contributed an article on The Swans of 2020 and Israeli Hi-Tech.