Hast thou killed, and also taken possession? If you are an officer and the company suffered no loss – all’s well
A company pays a 100 grand a month for cleaning services.
Fields of Practice
AFIK & Co. is much more than a traditional legal service provider. We take pride in our firm’s ability to provide top-notch legal and business services in almost every area of business law.
Notarial Services
Mergers and Acquisitions
Business, Corporate and Joint Ventures
Commercial, Banking and Financial
Dispute Resolution
Capital Markets and Stock Exchange Regulations
International Transactions and Dispute Resolution
Copyright, Media and Artists
Real Estate
High-Tech and Technology
Intergenerational Law (Trusts, Estates, Lasting Powers of Attorney, Parenting)
Labor Law and Immigration
Maritime, Aviation and Transportation Law
Taxation and Government Incentives and Funding
Competition
Public Law, Environment and Tenders
Latest Articles
When the board does not issue a death warrant against my father but kills him
My father - David Afik - passed away from Corona in December, 2020, although he never contracted the virus.
“Four Sons” participate in a tender – who will win?
The Game Theory is relevant also in case of tenders.
So what if the waiver was fraudulently induced? You waived your rights!
The CEO of a food manufacturing company that employs workers with disabilities was caught breaching his fiduciary duties when he covertly signed an exclusive distribution agreement to the United States with a small and unworthy distributor in exchange for shares in the distributor.
Copyrights coming out of the drawer
The process of getting a creative work our of the drawer and published is a very important part of realizing its potential.
On Covid-19, legal capacity and lasting power of attorney
The recent period and the spread of the Covid-19 virus, brings with it for many people - not necessarily the elderly - many questions about the need to settle their affairs if they find themselves hospitalized under a serious condition and can not take care of their own affairs.
I promised, but did not promise to keep – the risk of contracting local authorities
A local authority receives a government grant to finance enrichment courses for students under a program built for that purpose by a contractor.
On insanity and purchasing an apartment …
Section 34H of the Israeli Penal Code provides for the protection of insanity for criminal offenses.
Employer’s obligation due to quarantine orders under Covid-19
The Covid-19 Epidemic has led to an unprecedented global state of emergency and created substantial uncertainty in the employment market.
On restrictive arrangements and criminal liability of corporate officers
Companies enter into agreements as a matter of routine, whether orally or in writing, and often without thinking about the consequences involved.
Cancellation of tender – the thin line between legitimate and unreasonable
A company participated in a tender after diligently filling out all the tender forms and once the bids were revealed it became clear that it met all the threshold conditions.
ASX, OMX, SGX and Mrs. Cohen from Singapore …
One of the questions that arises in any IPO of an Israeli company on a foreign stock exchange (for example on the Australian Securities Exchange - the ASX, in Singapore - SMX, or NASDAQ Nordic - OMX) is whether to IPO the Israeli company or IPO a special purpose vehicle/company (SPV or SPC) incorporated for that purpose and to become the parent of the Israeli company on listing.
Latest Legal Updates
A purchaser who did not complete a purchase transaction but has possession of the apartment may be liable to pay appropriate usage fees
An apartment purchaser did not pay the full consideration and took advantage of the fact that the seller moved to Australia to forge a bill of sale and record a transfer of ownership at the land registry. Only 20 years later, after a legal proceeding determined that the bill of sale was forged but the […]
A director who signs a false affidavit of solvency upon voluntary liquidation is personally liable to creditors damaged by it
A company marketed a cruise in the Mediterranean, but on the third day of the voyage a hole opened in the belly of the ship, as a result of which the ship was forced to anchor in the port of Rhodes and unload the passengers, who after long hours were returned to Israel by flight. […]
A power of attorney lapses upon loss of legal capacity even if made to ensure existence of a company
A founder and shareholder of a group of companies granted a power of attorney to three of his six children to ensure proper management of the company. Later, the father lost his legal capacity. The Court held that the power of attorney is invalid and expired upon the loss of the father’s legal capacity. Under […]