Articles26 found

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 […]

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.

An article on the responsibility of social platforms for damage caused while using the platforms and freedom of expression. The article was written by attorney Adi Marcus from Afik & Co.

An article on the importance of using duly made written agreements, with proper legal advice, when working with service providers regarding the intellectual property of the business. The article was written by Doron Afik, Esq. from Afik & Co.

An article on the legal change enabling, at least temporarily, for companies holding fintech licenses from the United States of America, the European Union, or the United Kingdom to operate in Israel without a local license. The article was written by advocate Adi Marcus of Afik & Co., lawyers and notaries.

An article dealing with the meaning of smart blockchain contracts and the fact that these can not replace individual legal advice. The article was written by Adv. Adi Marcus from Afik & Co., lawyers and notaries

An article dealing with the intellectual property issues related to the NFT technology. The article was written by Adi Marcus, Adv. of Afik & Co., Attorneys and Notary.

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 […]

Steve Jobs, the brilliant mind behind Apple, who founded the company from his parents’ garage, was removed from his position in the company in 1985. In a 2005 speech at the Stanford University, he was quoted saying: “How can you get fired from a company you started?” But Steve Jobs is not alone in the […]

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 […]

When the Kangaroo Park at Nir David, an Israeli kibbutz by the Sea of the Galilee, wishes to order food for its residents, it can order it online without even knowing that the manufacturer operates out of Kingscote, South Australia – 13,000 Km southeast of the kibbutz. Nor is it aware that, when purchasing online, […]

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 […]

Every employee in the high-tech industry (and these days also in other sectors of the economy) knows the term “ESOP” and often start-ups, with the aim of saving legal costs, also create an employee stock option plan and option grant agreements instead of salary (or as part of the salary) without first consulting a lawyer […]

Statistics indicates that more than a quarter of married couples in Israel will undergo a divorce. Some would say, like the well-known comedian Louis C.K., that marriage is just the preparation for the really good thing – the divorce. At the time of the divorce, the spouses’ assets are balanced and for this purpose each […]

Promises should be kept. However, what would you say of a new start-up whereby promises need not be kept? In the entrepreneurial world, it is customary for an entrepreneur to perform various actions on behalf of a company to be incorporated, even before its incorporation. Thus, for example, an entrepreneur would often hire employees, preform […]

Many erroneously believe that it is preferable to purchase a company’s activity in a transaction for company acquisition and not the corporate vehicle itself, thereby avoiding the risk of assuming company debts.  Because of this, many believe that it is possible to avoid transaction costs by a simple acquisition agreement without need for a comprehensive […]

Every entrepreneur understands that in order to facilitate the innovative project conjured by him he needs funding. How? From whom? and how much would it cost? These are the main questions that bother many entrepreneurs because their significance is acute in realizing the project and turning it from a “brilliant idea” into a successful start-up. […]

Three friends developed an idea for a new venture and began formulating a business plan, a concept, logo etc., but like many other start-ups eventually the project was abandoned. One day, two of the friends discover that the third established a start-up based on the same idea. Do they have any right in the business? […]

The phrase “I do not have enough money to buy cheap” is true in many cases, but certainly when establishing a company or a business enterprise. Many are “saving” money on a lawyer (whether by making the crucial step of setting up a business without an attorney or by making it with an attorney who […]

An Employer summoned an employee to a hearing prior to termination. Moments after the termination the employee began working for a competitor. A Routine inspection revealed that prior to the hearing the employee entered an employer’s confidential database and passed it on to his computer at work, with a heavy suspicion that the employee sent […]

A client of our firm discovered that an Internet search of his shop name reaches a domain of another business, although such other business name is not even similar to the said domain name. The meaning of this is that potential customers seeking the name of the ship will reach the other business. Is there […]

SEC Adopts Final Crowdfunding Rules   On October 30, 2015, the Securities and Exchange Commission (“SEC”) voted to adopt final rules – Regulation Crowdfunding1 – to implement the crowdfunding provisions of Title III of the Jumpstart our Business Startups Act of 2012 (the “JOBS Act”). Regulation Crowdfunding relates to new section 4(a)(6) of the Securities […]

Publications of Mitigations in the “Start-Up Companies” Plan of the Israeli Chief Scientist/ Nili Shohet   For various reasons, starting R&D companies find it difficult to raise funds at the private sector. Therefore, the Israeli Chief Scientist issued this unique program that may grant an enterprise a grant of between 50% to 85% of its […]

Almost as in the oldest and most basic love story plots: company meets investor, Company and investor sign a termsheet, investor commences due diligence review of the company (review of the legal and accounting documents and other issues), investor informs the Company that material issues were revealed in the DD process and “we need to […]