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September 22, 2021
On the Four Species and good faith during negotiations
Commercial, Banking and Financial
An article in the spirit of the Sukkot Jewish holiday on the subject of good faith in negotiations and the different types of businessmen negotiating transactions. The article was written by Yair Alon, Adv. of Afik & Co.
August 21, 2021
The golden rules for the use of social networks for your business
Copyright, Media and Artists
An article on the legal implications of using a business on social networks and the need for ongoing legal support when doing so
July 8, 2021
A Best Effort Obligation – The Gap between the Reality and the Desired
Commercial, Banking and Financial
A landlord undertook to assist the tenant in obtaining a business license but later it became clear that zoning restrictions prevented the receipt of the business license and the tenant sought to be released from the contract. When does a commitment to assist become a commitment to achieve a result and when will liability attach […]
May 16, 2021
I did steal, but you will pay – defamation against employees ?
Commercial, Banking and Financial
An article on defamation against an employee when updating employees and others regarding the circumstances of his dismissal
April 17, 2021
Some thought on Europe’s private hostile takeover of the business world
Commercial, Banking and Financial
An article on the GDPR, their worldwide adoption even though there are merely a European directive and the risks of a company that does not conduct a risk survey and an internal enforcement plan on the subject
February 20, 2021
So what if the waiver was fraudulently induced? You waived your rights!
Commercial, Banking and Financial
An article on the question of whether a settlement agreement that includes a waiver of claims prevents the filing of a claim in a fraud case
January 10, 2021
I promised, but did not promise to keep – the risk of contracting local authorities
Public Law, Environment and Tenders
An article on the importance of taking the correct measures when contracting a local authority, in order to avoid a later repudiation of the agreement and refusal to pay the consideration
September 21, 2020
To register or not to register (a trademark), this is the question…
Commercial, Banking and Financial
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. Incorrect, or late, registration may create issues later on, which will render the protection ineffective and may cause additional […]
September 5, 2020
When Bank Leumi Discloses Confidential Banking Information, About Bank Abuse of the Elderly and on Ongoing Power of Attorney
Commercial, Banking and Financial
There is no denying that banking secrecy is one of the cornerstones of the banking system. After all, who would agree to deposit money with a bank, when there is a risk that the bank will reveal to others how much money the customer has? But does banking secrecy apply when the bank receives a […]
July 25, 2020
Lien on me…
Commercial, Banking and Financial
“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? Imagine a scenario where owners of apartments in an apartment building enter an agreement with a contractor for the purpose of doing construction […]
May 10, 2020
What do you Do when you Wake Up in the Morning?
Commercial, Banking and Financial
The average person opens his morning with coffee and a newspaper, or, to be precise, with Ynet or other Internet news-site, and a review of his Facebook “feed”. If he sees an interesting post, he sometimes responds to it with a “thumbs up” (Like), sometimes even casually sharing it. Ah, … but wait a minute… […]
May 2, 2020
On Wilhelm Tell, Bibi and Contractual Legal Certainty in Israel
Commercial, Banking and Financial
On April 6, 1995, one of the most famous murder cases took place in Israel and would occupy the Israeli courts, scholars and the legislature for the ensuing decades – the Supreme Court gave the verdict in the Apropim case,(1) thus murdering, some say, the contractual legal certainty in Israel. Even when the legislature changed […]
March 28, 2020
Corona Virus & Insurance – Frequently Asked Questions
Commercial, Banking and Financial
Corona Virus & Insurance – Frequently Asked Questions Dear customers and friends, We are in the midst of unconventional times and naturally experience feelings of uncertainty and concerns. We have compiled answers to some commonly asked questions that arise regarding the interface between Insurance and the Corona Virus (Covid-19). Is there any cover for damage […]
March 27, 2020
Responsibility of Directors and Officers under the Shadow of the Corona Virus
Commercial, Banking and Financial
The Corona Virus bears many health and economic risks, but also creates a new playing ground and set of game rules that corporations and their managers have not previously faced. What negligence claims are directors likely to face and how will they protect themselves from these anticipated future claims? In light of the Corona Virus […]
March 3, 2020
Of Agreements, Marriage and Common-Law Marriages
Domestic Relations
The main way of preventing financial disputes in spousal relationships, whether during the relationship or upon its termination, is by a prenuptial agreement. With a married couple Israeli law defines how such prenup may be created, but a question arises when a couple shares a household with no intention of getting married but it is […]
December 2, 2019
To disclose or not to disclose, that is the question
Commercial, Banking and Financial
A software company developed a product for a client according to its instructions, but the client demands compensation on the grounds that the software company did not reveal to it, before commencement of development, that there are competitors in the market. Sounds puzzling? These are exactly the facts of a case in which our firm […]
September 9, 2019
Blockchain and Crypto Insurance Companies
International Transactions and Dispute Resolution
In recent years, the insurance market has undergone a technological change, closing the gap between the old financial world and the new digital world, with its apps, services without humans and systemic technological changes in order improve and streamline ongoing work. Beyond the technological change, the change is primarily a change in perception, towards technological […]
August 8, 2019
In a contract, hope for the best, anticipate the worst
Commercial, Banking and Financial
You leased out a house for two years but after a year your tenant notified you that he does not intend to pay the future payments. Need you wait until the next payment is due or may you take immediate measures to evict the tenant? A more complex issue arises when the tenant pays and […]
July 30, 2019
Lasting Power of Attorney– a Shield that Might Turn to a Double-Edged Sword
Intergenerational Law (Trusts, Estates, Lasting Powers of Attorney, Parenting)
An lasting power of attorney is an extremely important legal tool that enables an individual to ensure his life routine even when he is no longer competent, whether due to a disease, dementia, an accident or otherwise. A clear and simple formulation of preliminary instructions may prevent the need to move the Court in the […]
July 13, 2019
On Cryptocurrency, Taxes, and how a Fictitious Nicaraguan Currency Rises in Israel
International Transactions and Dispute Resolution
Walking in Tel Aviv I saw on the pavement a sign in Hebrew and English noting that a motorcycle using the pedestrian zebra crossing is subject to a fined of ₪ 250. The sign was in Hebrew and English – the Hebrew using the currency mark but in English, as the letter combination is used, […]
June 18, 2019
A letter of intent not intended to be binding might still be an agreement
Commercial, Banking and Financial
Any lawyer specializing in mergers and acquisitions will agree that the Number One enemy of any transaction are the businesspeople. Indeed, they are the client, they know what they want to achieve, but they are also emotionally involved in the transaction and even if they assumedly speak the same language, each might mean different things. […]
April 22, 2019
On Banks, Anxiety and Money Laundering
Commercial, Banking and Financial
The Israeli Prohibition on Money Laundering Law was enacted in 2000 and marked a new era in the State’s handling of money laundering. In the explanatory notes to the law, prior to its enactment, money laundering was defined as “an act in property, sometimes by means of the financial system, with the aim of inculcating […]
February 18, 2019
Had it not had three sides it wouldn’t have been my duck!
Commercial, Banking and Financial
It is said that every story has three sides: your side, my side, and the truth. Sometimes transactions also have three different sides/stories: the story written in the agreement, the story the parties actually intended to write, and the story that the Court later decides to be the real story. Like any good novel (especially […]
January 27, 2019
You Shared or Liked on Facebook? The Court Claim Against you is En-Route
High-Tech and Technology
A friend shared on Facebook a picture or a post with his opinion on an election candidate. With great enthusiasm and a light hand on the keyboard, you decided to press the “like” button or even share the post. Does this make you responsible to whomever might be hurt by the post? Every day we […]
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