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November 20, 2023
Are you a good employee? So you are probably allowed steal from the employer!
Labor Law and Immigration
An article on the ability to prevent an employer to forfeit the severance pay of an employee who embezzled. The article was written by Osnat Nitay of Afik & Co.
November 6, 2023
When you say no, what do you mean? – on negative personal interest in corporate voting
Business, Corporate and Joint Ventures
Capital Markets and Stock Exchange Regulations
An article on the ability to prevent a shareholder or director from voting on decisions where his manner of voting against the decision is clear in advance. The article was written by Doron Afik, Esq. of Afik & Co.
October 17, 2023
Tax relief in light of the October 2023 war
Taxation and Government Incentives and Funding
For your convenience, please see below a compilation of some of the special rules published by the Israeli Tax Authority regarding the October 2023 War.  A more comprehensive list can be found in the publication of the Israeli Board of Auditors dated October 17, 2023. Subject The Relief Periodic reports for the month of September […]
October 2, 2023
“For Residence Only” – a Tourist or a Tenant?
Real Estate
High-Tech and Technology
An article on the ability of neighbors to object to short time leases of apartments via applications such as AirBnb or Booking
September 28, 2023
Till Death Do Us Part … & Maybe a Little Later – on Heritance & Prenup
Intergenerational Law (Trusts, Estates, Lasting Powers of Attorney, Parenting)
Wills and Estates
Common-Law Marriages Agreements
An article on the power of a prenuptial agreement to set provisions to apply after the demise of one of the spouses. The article was written by Gilad Bar-Ami, Adv. of Afik & Co
September 28, 2023
How to Elect Between Wolfs, Sheep and Spam ?
Privacy, GDPR, Confidentiality and protection of reputation
High-Tech and Technology
An article on the limitations on Spam messages in Israel and the exceptions thereto. The article was written by Adi Marcus, Adv. of Afik & Co.
September 28, 2023
The expected reform in the definition of “Israeli resident” and “foreign resident” in the Israeli Income Tax Ordinance
Taxation and Government Incentives and Funding
International Transactions and Dispute Resolution
An article by tax expert attorney Guy Hen as to a draft bill to change the manner of definition of residency in Israel
September 14, 2023
What is the weak link in the chain and who is the boss?
Labor Law and Immigration
Commercial, Banking and Financial
Dispute Resolution
An article on the employer identity of employees in a chain managed through franchise agreements - are franchisee employees also employees of the chain?
September 4, 2023
Special Committees Confidentiality in Transaction With Controlling Shareholder
Mergers and Acquisitions
Business, Corporate and Joint Ventures
An article on the approval of transactions in a public company between the company and another corporation controlled by the same shareholder. The article was written by attorney Gilad Bar-Ami of Afik & Co.
August 20, 2023
I Didn’t SPACulate that I would need to Read the D&O Terms
Mergers and Acquisitions
Business, Corporate and Joint Ventures
Capital Markets and Stock Exchange Regulations
An article on the importance of due care when procuring a D&O insurance and the required use of a lawyer and insurance broker with expertise in the field. The article was written by Doron Afik, Esq. of Afik & Co. and Elad Tubol, Adv. of the Howden Israel Group
August 2, 2023
A Delay on Delay – What Would be the Compensation?
Real Estate
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. Despite the couple’s expectation to receive the apartment at the time specified in the agreement, they had to wait a long time due to various delays on the part of the […]
July 20, 2023
Website accessibility – a blindspot to be dealt with
Commercial, Banking and Financial
High-Tech and Technology
owner of a brokerage firm decided to increase his income by exposing itself to a larger audience and created a website. The number of requests for service increased significantly following the launch of the website, but one day he was astonished to receive a lawsuit in the amount of ILS 1,500,000 against him and the […]
July 8, 2023
Chronicles of Amber and new EU AI Act
High-Tech and Technology
European Law and Regulations
An article on the new legislation in the European Union that may affect any company in the world that uses AI technology. The article was written by Ella Rosenberg from Afik & Co.
June 21, 2023
The Iron Curtain ? How Difficult is it to Pierce the Corporate Veil
Business, Corporate and Joint Ventures
Dispute Resolution
An article on the tests for piercing the corporate veil and attributing corporate debts to its shareholders. The article was written by Gilad Bar-Ami, Adv. of Afik & Co.
June 3, 2023
Cohabitation Agreement or Prenuptial Agreement?
Notarial signature verification
Notarial Prenups
Notarial Services
An article on the difference between a notarial cohabitation agreement and a prenuptial agreement. The article was written by Doron Afik, Esq. of Afik & Co.
May 17, 2023
Set aside the text, check what actually happened…
Commercial, Banking and Financial
An article on the amendment of a contract by conduct of the parties after signing it. The article was written by attorney Yair Aloni of Afik & Co.
May 15, 2023
On oppression and tyranny by the minority
Business, Corporate and Joint Ventures
An article on oppression in companies, where the oppressing party is in fact the minority and not the majority. The article was written by advocate Shelly Wilner of Afik & Co.
April 23, 2023
Fraud and Regulator’s Fault
European Law and Regulations
Cryptocurrency, NFT and Web-3
An article on crypto scams, the regulator's responsibility and possible solutions. The article was written by Ella Rosenberg, a regulatory expert of Afik & Co.
April 17, 2023
An idea that means a lot of money, how’bout if my company purchases my shares?
Business, Corporate and Joint Ventures
Taxation and Government Incentives and Funding
Mergers and Acquisitions
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. The shareholders really like the idea but it turns out that the Tax Authority likes it even more because it deems it a taxable dividend to all […]
April 4, 2023
On special experience and limitation of occupation
Labor Law and Immigration
An article on restrictions on an employee's freedom of occupation when he undergoes special training by the employer
March 23, 2023
Personal liability of managers and shareholders for employee wages in a company
Labor Law and Immigration
Business, Corporate and Joint Ventures
Dispute Resolution
Is there a personal liability of managers and shareholders to company debts to its employees? Under certain circumstances, as the Labor Courts determined, both controlling shareholders and managers may be liable for paying wages of employees (including pension contributions and other obligations to the employees). A well-known corporate rule, which is anchored in the Israeli […]
March 19, 2023
Trade between East and West- The UAE
International Transactions and Dispute Resolution
European Law and Regulations
The signing of the Abraham Accords and the officialization of diplomatic relations between Israel and the United Arab Emirates meant that many Israelis have considered to operate in the Emirates, but in certain cases, situations may arise where such may encounter frustrating regulatory barriers, which stem mainly from a lack of familiarity with the regulatory […]
March 6, 2023
Catch 22 and updating your Terms of Use
An article on the ability of a site or application owner to change the terms of use and the scope of such change on existing users. The article was written by attorney Adi Marcus of Afik & Co.
February 20, 2023
Banking for Dummies
European Law and Regulations
Commercial, Banking and Financial
An article on freezing bank accounts in Europe due to missing information or other issues related to anti money laundering rules and how to address the issue. The article was written by Ella Rosenberg of Afik & Co.
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