Afik News is the bi-weekly professional magazine of Afik & Co. Attorneys and Notary
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Public Law, Environment and Tenders
Dispute Resolution
Sponser: The French Vitec Group seeks to prohibit the Custodian in a deal with the public company Optibase to transfer funds to it
Intergenerational Law (Trusts, Estates, Lasting Powers of Attorney, Parenting)
International Transactions and Dispute Resolution
Mergers and Acquisitions
"The French Vitec Group seeks to prohibit the escrow agent in a deal with the public company Optibase to transfer funds to it" and is reviewing the legal proceedings in which lawyers Shlomi Turgeman and Doron Afik of the Afik Turgeman firm represent the French Vitec Group, (In a deal handled by attorney Doron Afik in our firm in 2010), and it became clear to her that the public company had carried out improper actions that caused damages to Vitec in tens of millions of shekels The Vitec Group applied to the court for temporary remedies before the opening of the arbitration process, , Ruled in favor of Vitec and ordered the e The construction of the dispute to arbitration. Vitec group currently applied to the court to order the attachment amount of 200 thousand dollars held in trust, in order to ensure its ability to repay its debts to Optibase Optibase which now remains empty frame with a mysterious estate holdings abroad only.
The article can also be found at:
http://www.sponser.co.il/Article.aspx?ArticleId=14133
Not every infringement of copyright entitles you to a separate compensation, but only to each type of violation
Commercial, Banking and Financial
Dispute Resolution
Copyright, Trademarks Media and Artists
A bankruptcy court may in certain cases transfer insurance money of the debtor to the trustee
Business, Corporate and Joint Ventures
Dispute Resolution
In the State of Israel you can expect the trains to be delayed
Commercial, Banking and Financial
Dispute Resolution
When four conditions are met, a person to whom a dispute is directed becomes an arbitrator whose decision is binding
Commercial, Banking and Financial
Dispute Resolution
In the United States, for approval of a claim on the grounds of securities as a class action, no proof of financial loss is required
Business, Corporate and Joint Ventures
International Transactions and Dispute Resolution
