Civil Case (Center) 54687-02-26 Murchinson Ltd., Canadian Comp v. Nano Dimension Ltd. - part 5

In the dynamic business world, successful public and private companies often find themselves targeted by investors or competing companies seeking to execute a hostile takeover.  When a takeover is suddenly placed on the table without the coordination or consent of the board of directors, in the absence of prior preparation, the company’s management is required […]

An article on the importance of preparing a company for a situation where the founder, senior executives, and shareholders (especially in a closely-held company) may become incapacitated, including through a continuing power of attorney, a will, amending the articles of association, and shareholders' agreements. The article was written by Adv. Osnat Nitay of Afik & Co.

An article by the law firm Simeonov & Dermendjiev (the Bulgarian sister firm of Afik & Co.) on corporate asset stripping and managerial liability: The article examines Bulgarian jurisprudence on whether a company can void bad-faith transactions executed by its managers to siphon assets, relying on contract law principles. The core argument is that "organic representation" should not grant immunity, and companies must be allowed to cancel immoral deals made in collusion with third parties to prevent the legalized theft of their assets.

Here is the translation of the provided legal text into English, Spanish, French, and Portuguese (Brazil). The text has been formatted to highlight key legal principles and make it highly readable. English Liability of Office Holders for the Tort of Causing a Breach of Company Contract When a company is a party to a contract […]