Congratulations to our client Portshift for being acquired by IT giant Cisco. As reported on Globes over the weekend, the acquisition is set to close in the first half of Cisco’s FY21, followed by Portshift’s team joining Cisco’s ET&I group.
Portshift is an Israeli company providing Kubernetes-native security solutions for organizations worldwide. Representing Portshift on
Michael Schaengold, Melissa Prusock, and Danielle Muenzfeld co-authored an article in The Government Contractor titled “FEATURE COMMENT: The FY 2020 National Defense Authorization Act’s Substantial Impact On Federal Procurement Law.” The article comprehensively examines the significant Federal procurement law changes in the FY 2020 National Defense Authorization Act, many of which apply to
Congratulations to Riskified on their Series E funding round of $165 million! Greenberg Traurig is proud to have represented an institutional investor in this transaction, and excited to have been part of this incredible achievement.
For more details, please click here.
A newly approved Bill could significantly increase disclosure requirements for Israelis invested in or operating business in the U.S. The Corporate Transparency Act of 2019 would require that the identities (including addresses and passport information) of the “beneficial owners” of US LLC’s or corporations be reported. Updated information would need to provided annually. While similar
The United States Attorney’s Office for the Southern District of Florida announced on Sept. 19, 2019, that it settled a qui tam False Claims Act case in which a private equity firm was a named defendant. See United States ex rel. Medrano and Lopez v. Diabetic Care Rx LLC, d/b/a Patient Care America, et al.
Life sciences companies should pay attention to an ongoing action in Delaware that could have implications for whether they can obtain (or be subjected to) U.S. discovery in international arbitration under 28 U.S.C. § 1782. Section 1782 is a powerful tool that permits litigants to obtain broad discovery in the United States for use in
Employers have only seven weeks to ensure that all employees working in the State of New York have completed a sexual harassment prevention training program that meets the standards required by the newly amended New York Human Rights Law. The mandatory training obligation applies to all companies, regardless of their size, and will continue to
Israeli companies doing business in the United States have a wide range of states from which they hire employees. As our colleagues in the California, Massachusetts, New York, and Texas offices demonstrate in the article below, laws governing non-competition restrictions can vary substantially from state to state. An employee’s location can therefore significantly impact the
One form of digital promotion that has recently drawn attention across several states and countries is the sale of treasure chests or “loot boxes” in video games and apps. Loot boxes typically offer players a chance-based opportunity to obtain virtual items for use in a game. These in-game items may help improve a player’s chances
Introduction (by Joey T. Shabot and Manuel Rajunov)
The passage of the Mexican National Development Plan (NDP) for 2019-2024 brings with it opportunities for Israeli companies of many kinds looking to do business with Mexico, as it realizes its vision for continued development. Over the years, Israel and Mexico have engaged in mutual cooperation