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A Filipino foreign worker in Israel filed a lawsuit claiming that he worked as a caretaker for a person who had a severe stroke for 16 years until the demise of his employer and he was employed 7 days a week, without receiving vacation or rest days.
In 1970, a man transferred the shares in two companies to his children, but in practice he continued to manage the companies and withdraw the full dividends from them, which led to a divorce dispute that began in 2000 and ended after the demise of both spouses only by a Supreme Court of Israel ruling at the end of October, 2024, which stated that the shares actually belonged to the man and not to his children.
It is a well-known fact that the digital currency market is a fertile ground for scams.
In October 2021, a number of Israeli databases were hacked, the best known of which was the database of the gay dating app, Atraf (the Israeli equivalent of Grindr, which took its place when it collapsed).
Unlike other governance systems where, as the residents of Animal Farm (George Orwell, 1945) discovered, everyone is equal but.
What is the status of an intra-family settlement made orally many years ago in which it was agreed that real estate would be registered under the name of a family member who is not really the owner?
As a startup nation, the issue of employee stock options plan (ESOP) in high-tech companies is not strange to the Israeli corporate world.
Employee options are an important tool for recruiting and rewarding employees as well as retention of employees - the company provides a cheap salary replacement for a company that prefers to use its resources for growth (and in a growth company, the options will be worth much more than cash payment) and at the same time, it is a very powerful tool for retention of employees and creating personal commitment by identifying with the interests of the company (the employee will lose the options or part thereof if he leaves and he has an interest in working better because he benefits from the company's growth).
In the classic film “2001: A Space Odyssey” (1968), Hal9000, the artificial intelligence system contends: “No 9000 computer has ever made a mistake or distorted information.
Almost any Israeli employer or employee is familiar with "Section 14" and employers usually ensure that employees sign an agreement to "Section 14" - a signature which since 2008 is redundant - but in practice, in many cases the conduct is not duly made and not only do conflicts arise when employees retire but when a company is sold, as part of the due diligence process, the budgetary "holes" are revealed and cause a significant decrease in value for the company.
It’s a small(er) world…, you no longer need to be a Marco Polo to reach China and you can easily book a room in a hotel in Chile without buying a travel guide, all via a website in Hebrew.
The Israeli Capital Investments Encouragement Law 1959 ("Law"), was enacted with the aim of encouraging capital investments and economic initiatives in such a manner that priority will be given to technological innovation through various tax benefits.
A co-owner in a real estate property, after 17 years put his right in the property for sale to a third party, even though in the partnership agreement the other co-owners were granted a right of first refusal. The Supreme Court held that the right of first refusal, being a proprietary right, does not expire […]
An employment contract limited an employee’s right to file claims against the employer for a period of 6 months. The National Labor Court held that an agreement to shorten the limitation period without any real benefit to the employee is against public policy and is therefore void. Israeli law allows the parties to agree between […]
A public company entered into an employment agreement with an employee for the position of CEO. When in practice he was tasked with performing the duties of the previous CEO, president, and chairman of the company, while the compensation he was offered exceeded the maximum compensation set forth in the company’s remuneration policy but was […]