Although we have not yet reached the stage where you enter a supermarket and seek to purchase digital assets alongside food products, the developing NFT field is now enhancing into various fields and is currently used as a tool for factoring transactions and is now also reaching the real estate market.
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.
Cryptocurrency, NFT and Web-3
Mergers and Acquisitions
Business, Corporate and Joint Ventures
Commercial, Banking and Financial
Capital Markets and Stock Exchange Regulations
International Transactions and Dispute Resolution
Copyright, Trademarks Media and Artists
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
Public Law, Environment and Tenders
Television has not yet replaced radio, Netflix has not yet killed cinemas, and while we can already hear the enthusiastic crypto mob arguing that smart contracts are the next generation of both commerce and law and will bring an end to the era of lawyers, it is worth to remember Sodom before pulling out the torches and pitchforks.
"HMO talks" is a name I gave many years ago to a situation where a client is accompanied by our firm, which builds for him a complete strategy of conduct (whether in commercial negotiations or a complex litigation process) and then, at the critical moment, the client comes up with novel ideas because "someone" told him that there is a better or more correct way.
The board of directors is the organ entrusted with making most of the on-going corporate decisions.
One of the great advantages of an arbitration proceeding is the ability to resolve complex disputes through a quick and efficient proceeding where the decision of a professional and skilled objective professional can end the dispute between the parties, without the need for lengthy and expensive legal proceedings in Court before a judge who does not necessarily understand the business aspects or the relevant language.
Confidentiality agreements are something that is signed as an aside in almost every initial business engagement, but sometimes there is no attention to detail and at some point it becomes clear that even if the confidentiality obligation has been breached, no compensation can be obtained at Court.
In 2009 a new and disruptive technology burst into our lives: Blockchain.
The idea behind the NFT revolution is relatively simple, a digital file that can include an image, GIF, video or audio file or any other digital content, is embedded as unique using blockchain technology and actually provides the purchaser with a certificate of authenticity and unquestionable ownership.
It was the Israeli Securities Authority that hurried to act to cancel the erroneous Tel Aviv Court holding given in May, 2021, which applied the Israeli rules to an Israeli company also traded on the Nasdaq.
Everybody knows that a seller may not mislead a purchaser.
Some time ago I heard about a high-tech programmer, maybe a genius but surely a criminal, who during the CoVid-19 period "worked from home" in a number of full-time jobs.
In early January, 2022, American hi-tech entrepreneur Elizabeth Holmes was convicted of a series of criminal offenses related to investor fraud in the startup company she had initiated and run for years, and which, under her leadership, raised hundreds of millions of dollars.
Latest Legal Updates
The employment agreement of the manager of the credit department with a body that provides credit had attached to it a commissions appendix that established a compensation mechanism in percentages that is directly related to the bringing of borrowers and investors by him. Later, a commission agreement was also signed with a company wholly owned […]
Two entities executed a contract for a joint project, with one bearing financial obligations and the other being in charge of promoting the project. Eventually, the project failed, both due to regulatory reasons and due to the fact that it was not properly promoted. The financing party sought to terminate the contract and receive reimbursement […]
A bidder in a tender for the provision of debt collection services to a local authority sought to disqualify the winning bid, inter alia, due the fact that the bid was relatively low priced compare to the tender estimation and due to the concern that it is a deficit and tactical proposal. The Court dismissed […]