A nationwide chain operates most of its branches through franchisees, where the franchisee is a separate company that is not related to the chain - can any of the employees of a particular franchisee claim to be an employee of the chain and not just the franchisee?
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.
Privacy, GDPR, Confidentiality and protection of reputation
Cryptocurrency, NFT and Web-3
European Law and Regulations
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
A public company seeks to transact with another company, a simple matter that usually requires approval at the management levels of the various companies but what if both have a common controlling shareholder?
Anyone who graduated in physics (or studied mechanics) knows (or should know) the concept of "Parallelogram of forces" - the aggregated force of the two acting forces is the diagonal vector in the parallelogram created, or in the business field, the more complicated a transaction is, the less those involved in the transaction pay attention to the details or to dealing with the important issues that may hinder the transaction.
A couple purchased an apartment “on paper” from a contractor and had to exercise a lot of patience until they received the long-awaited key.
owner of a brokerage firm decided to increase his income by exposing itself to a larger audience and created a website.
In the second part of the Chronicles of Amber book series (starting with the book "Trumps of Doom" from 1985) by Roger Zelazny, one of the greatest fantasy and science fiction writers, the protagonist develops "Ghostwheel" - an artificial intelligence system capable of self-learning, which at some point also develops self-consciousness, and an impressive ability to protect itself from the hero's attempts to shut it down.
As happens once in a while, in the beginning of 2023 we woke up to discover that yet another well-known corporation with a successful image is about to collapse.
Sometimes a couple wish to have a full marital relationship but do not wish to marry (or cannot marry under Israeli law, such as same-sex couples) - can they still regulate their relationship by a prenuptial agreement that will prevent future conflicts between them regarding the joint property?
Oftentimes, clients come to our office seeking legal advice regarding a dispute concerning various contractual obligations they have undertaken.
Usually, when we think of the word "oppression" and certainly of the word "tyranny", we associate them, almost automatically, with the word "majority".
Last week we witnessed the approval of MiCA, the Markets in Crypto Assets Regulation of the EU, by the European Parliament, which means that finally some of the uncertainty when it comes to crypto assets, will be resolved on a pan-European level.
Shareholders of a company agree on the exit of one of them and because the company has cash, they also agree that the company will purchase his shares.
Latest Legal Updates
A shareholder in a company that operated as a “quasi partnership” contended that his “partner” who serves as the company’s manager, runs the company in a way that deprives him of his rights by causing him to invest further funds in the company. The Court rejected the claim due to the agreements of the parties […]
A company purchased pressure tanks equipment for a diving club operation of ILS 210,000, but the equipment was not provided to it even though the consideration was fully paid. The shareholder of the supplier was demanded to return the paid consideration personally. The Court rejected the claim against the shareholder and held that there is […]
The Israel Land Authority did not sign a leasehold agreement on time and as a result the lessee was required to pay an increased capitalization fee, at the rate of hundreds of thousands of shekels. The Court accepted the claim and held that the Israel Lands Authority was negligent and must pay damages to the […]