Companies enter into agreements as a matter of routine, whether orally or in writing, and often without thinking about the consequences involved.
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.
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.
After over 20 years of working as a corporate and public markets lawyer in Sydney, Australia, and acting on numerous listings on the Australian Stock Exchange (ASX), a few years ago, when I was contemplating my relocation to Israel and joining the office of Afik & Co.
Two entrepreneurs incorporated a company and want to ensure their control over it even after the entry of investors.
Registering a trademark is a relatively simple procedure, but it is a significant step in starting a new business, so it is important to do it correctly, as soon as practical, and using an experienced lawyer.
There is no denying that banking secrecy is one of the cornerstones of the banking system.
A person volunteers to be a member of an NGO or even more - to participate in the actual management of the NGO by sitting in its board - and one fine day receives a statement of claim from an employee of the NGO demanding him to be personaly liable for pension funds to which she is entitled, after such were not transferred by the NGO to the pension fund due to the NGO’s financial difficulties (similar to many NGOs).
Public protests over the government's handling of the COVID-19 crisis are supported by many due to the lack of support for small local businesses, especially at a time when a global health crisis is undergoing.
“Possession in nine tenth of the law”, but what happens when possession is given to a contractor performing a job for the owners of the property but later refuses to return it?
If in the past it was customary to bury a man along together with animals and much property to support him in the afterlife, today this practice is less than acceptable.
Lessees wished to rent an apartment in a condominium downtown but shortly after entering the apartment they started to notice severe moisture damage to the apartment's ceiling.
A person lent money to a company as part of a business venture related to a commercial center and against its obligation to repay the funds with a return on the investment and against a lien on the property. When the company went bankrupt, the creditor tried to realize the lien, but the company fought […]
An apartment seller in Tel Aviv was required to pay a land betterment levy in the amount of approximately ILS 400,000 as a result of the approval of the Tel Aviv Quarter 3 plan. The Land Betterment Levy Appeals Committee accepted the appeal and held that at the time of the transaction the plan had […]
במסגרת הסכם השקעה בחברה, נקבע כי למנכ”ל תהיה זכות וטו בנוגע להחלטות הנוגעות להעסקה ולפיטורין של חברי הנהלה, אך זאת בכפוף להיוועצות בתום לב עם שאר חברי הדירקטוריון. על רקע סכסוך שנגע לתפקודו של המנכ”ל, דירקטוריון החברה מינה ועדת איתור לצורך מציאת מנכ”ל חדש, עליה ביקש המנכ”ל הנוכחי להטיל וטו. בית המשפט קבע, כי השימוש […]