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Yigal Arnon & Co

1 AZRIELI CENTRE, TEL AVIV 67021, ISRAEL
Tel:
Work +972 3 608 7777
Fax:
Fax +972 3 608 7724
Email:
Web:
www.arnon.co.il
Jerusalem, Tel Aviv, Tel Aviv
Yigal Arnon & Co, Dr Eran Lempert, Tel Aviv, ISRAEL

Lawyer rankings

Dr Eran Lempert

Tel:
Work +972 3 608 7850
Email:
Web:
www.arnon.co.il/content/lempert
Yigal Arnon & Co

Work Department

Family Wealth Management, Tax, Venture Capital and Private Equity.

Position

Eran is a tax partner specializing in taxation, international taxation and fund formation matters. Eran has extensive experience in representing and advising Israeli and non-Israeli clients on a wide range of Israeli and cross-border tax matters, including mergers, acquisitions, financings, reorganization and restructuring, real estate investments in Israel and abroad, formation of investment funds, and taxation of individuals and trusts. Eran has represented public companies, private equity firms, real estate investors, and funds, among other clients. Eran's experience includes representing multinational corporations in front of the Israeli Tax Authority with respect to tax audits, tax assessments and other tax matters, as well as in obtaining tax rulings.
 
In addition, Eran has represented and advised venture capital, private equity, real estate and hedge funds with respect to formation and tax structuring.

Career

Prior to joing Yigal Arnon & Co. Eran was a partner in the Tax and Investment Funds Department of a leading Israeli law firm. Prior to that, Eran spent 4 years as a tax lawyer in the New York office of Skadden, Arps, Slate, Meagher & Flom LLP, and before that he was on the faculty of the New York University (NYU) School of Law, where he taught courses on U.S. and international taxation.

Languages

Eran is fluent in Hebrew and English.

Member

Eran was admitted to the Israel Bar in 2001 and was admitted to the New York Bar in 2005.

Education

Eran received a J.S.D. degree in the field of international taxation and an LL.M. degree in Taxation both from New York University School of Law, and B.A. in Accounting and LL.B., magna cum laude, from the College of Management.


Israel

Tax

Within: Tax

Yigal Arnon & Co has 'a professional and service-oriented' tax team, handling high-end corporate transactions as well as tax litigation. 'A creative and sophisticated lawyer', Eran Lempert has 'a brilliant mind for tax' and provides ongoing operational, transactional and tax structuring advice to major multinationals, including Oracle Corporation, Medtronic, General Electric Lighting, and Microsoft Corporation. Of particular note, the team advised two financial institutions, as underwriters, on the cross-border tax aspects of the first-ever listing of shares in an Israeli company on the Stock Exchange of Hong Kong. Additionally, Lempert has been representing foreign companies that are increasingly finding themselves the targets of ITA audits and tax disputes. Ofir Levy is another contact in the practice group.

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Legal Developments by:
Yigal Arnon & Co

  • Perhaps the QuadragaCX Story Will Have a Happy Ending

    While there are the aficionados who will say that cryptocurrencies will free us of the chains of the global financial institutions, on the occasions when the world of cryptocurrencies intersects with the world in which most of us live, the news is generally bleak. While you may not know one side of a Bitcoin from the other, you probably know that its value has crashed over the last 13 months, you may even have heard about some of some of the larger cryptohacks (that is computer heists through which digital currencies belonging to investors are stolen from crypto trading exchanges). And over the last week or so, you may have read on mainstream news sites about the death of Gerald Cotton the CEO of Canada’s largest cryptoexchange QuadragaCX. The death of the CEO of a company that few had previously heard of, was news of course, because in his passing he had taken the passwords to the accounts of his customers with him. The result of this being that about $140 million of their money was stuck somewhere between this world and the celestial ether in which Mr. Cotton now resides. Of course, it wasn’t quite told like that. We were fed terms such as “private keys,” lack of “multi-signature protection,” “cold storage wallets” and more readily understandable – “cryptofraud”. Again!
    - Yigal Arnon & Co

Legal Developments in Israel

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  • Perhaps the QuadragaCX Story Will Have a Happy Ending

    While there are the aficionados who will say that cryptocurrencies will free us of the chains of the global financial institutions, on the occasions when the world of cryptocurrencies intersects with the world in which most of us live, the news is generally bleak. While you may not know one side of a Bitcoin from the other, you probably know that its value has crashed over the last 13 months, you may even have heard about some of some of the larger cryptohacks (that is computer heists through which digital currencies belonging to investors are stolen from crypto trading exchanges). And over the last week or so, you may have read on mainstream news sites about the death of Gerald Cotton the CEO of Canada’s largest cryptoexchange QuadragaCX. The death of the CEO of a company that few had previously heard of, was news of course, because in his passing he had taken the passwords to the accounts of his customers with him. The result of this being that about $140 million of their money was stuck somewhere between this world and the celestial ether in which Mr. Cotton now resides. Of course, it wasn’t quite told like that. We were fed terms such as “private keys,” lack of “multi-signature protection,” “cold storage wallets” and more readily understandable – “cryptofraud”. Again!
  • Israel Chapter in The Virtual Currency Regulation Review

    Earlier this year, the Israel Tax Authority (ITA) issued two circulars, one on the taxation of digital tokens and the second addressing the taxation of utility tokens in initial coin offerings (ICOs). Additionally, in March, the Israel Securities Authority (ISA) released a detailed interim report by the Committee for the Regulation of Public Offerings of Decentralized Cryptocurrency Coins (Report) (with a follow-up report due to come out around October 2018). Moreover, it is expected that before the end of 2018, legislation will come into force that for the first time will see Israeli primary legislation define virtual currencies as financial assets and mandate licensing for related services, as is later discussed in detail.
  • Spring is coming for real estate registration in Israel

    Israel may be the “Start-up Nation” and a world-renowned center of technological innovation, yet for many years the procedures and conduct of the Israeli Land Registry have been trapped in the past.
  • PLATFORMS FOR HIGH NET WORTH INVESTORS IN ISRAELI HIGH-TECH

    Israeli hi-tech and its sources of funding have grown and diversified tremendously since the bubble burst in 2001 and over the last decade since the height of the financial crisis in 2007-2008.
  • NONDISCRIMINATION IN 5G STANDARDS

    Nondiscrimination has been the neglected stepchild of the FRAND commitment. Patent owners participating in standards organizations typically commit to license their technology on “fair, reasonable, and nondiscriminatory (“FRAND”) terms.”
  • Crash Course on Non-Disclosure Agreements

    Non-disclosure agreements are a crucial, but often overlooked, tool in allowing startup companies to grow, build strategic partnerships and explore new business relationships necessary to develop their product or bring it to market. These agreements are often short (sometimes only a page or two) and lead many founders to forego legal advice to get past this "formality" and begin working with the other party to the NDA. Yet, NDAs are important agreements with potentially far-reaching implications for the protection of a company's confidential information and intellectual property, and mishandling of NDAs can come back to haunt a startup years later.
  • Advocates Eli Greenbaum and Ezra Gross of Yigal Arnon & Co. in The Lawyer Special Report editorial

    An interview-style piece in The Lawyer, Law in Israel: moving beyond tech, quoting Eli Greenbaum and Ezra Gross:
  • Publication of Adv. Adrian Daniel's Commentary in Private Banker International on GDPR & Blockchain

    Publication of Adv. Adrian Daniel's Commentary in Private Banker International on GDPR & Blockchain.
  • Article in MEA Markets on GDPR & Israeli Law

    GDPR & ISRAELI PRIVACY LAW - KEY DIFFERENCES Yoheved Novogroder-Shoshan & Miriam Friedmann of Yigal Arnon & Co. outline the key differences between GDPR & Israeli Privacy Law.  mea_markets_-_gdpr__israeli_law_-_key_differences_14.05.2018
  • Clarifications regarding Supervision of Financial Services Law (Regulated Financial Services)

    Authored by Adv. Simon Weintraub, Adv. Shiri Shaham, Adv. Yuval Shalheveth of Israeli law firm, Yigal Arnon & Co.: