Afik News is the bi-weekly professional magazine of Afik & Co. Attorneys and Notary
SubscribeA framework relationship contract is a general agreement that is open to changes and updates in matters that the parties to the contract have chosen not to settle in advance
Commercial, Banking and Financial
Dispute Resolution
Holders of rights of residential units in a luxury hotel demanded the hotel owners to appoint an internationally renowned management company to manage the hotel as well as refrain from raising the management fees. The Supreme Court held that the agreement is a closed agreement and there is no reason to obligate or prevent the […]
In the absence of other concent the copyright in the commissioned work will remain in the hands of the creator
Copyright, Trademarks Media and Artists
Dispute Resolution
A printing house made it possible for its customers to upload photos, with T-shirts printed by it, onto its website. Among the photos uploaded by the customers were pictures of T-shirts on which works made to order by an artist were printed for the purpose of printing them on T-shirts, but without the artist giving […]
Boots on The Ground, Eyes on the Field
“Soft landing” services in Israel
International Transactions and Disputes and Israeli “Soft Landing”
Business, Corporate and Joint Ventures
An article addressing the critical importance of 'Soft Landing' services, similar to the services offered by Afik & Co., for foreign stakeholders maintaining a company or branch in Israel. The article was authored by Doron Afik, Esq. and Mr. Aiderson Gonzalez of Afik & Co.
Prosecuting only some of those involved in an antitrust crime does not necessarily constitute selective enforcement
Competition
Criminal Law
An indictment was filed against 17 defendants for committing the offenses of a restrictive arrangement, receiving something by fraud, and money laundering, although 50 were originally involved in the case. The prosecution decided who to prosecute based on parameters reflecting the severity of the acts. The Court held that the criteria subject to which the […]
Judicial approval for a prenuptial agreement signed during the marriage is an essential condition for its validity
Notarial Prenups
Notarial Services
Dispute Resolution
A married couple who divorced signed during the marriage an agreement titled “Prenuptial Agreement” before a Notary. The agreement stipulated, inter alia, that in case of selling their home, the wife would receive a refund of ILS 800,000 for the apartment she had prior to the marriage and the contents of the apartment. The agreement […]
A notarial will for a hospitalized person requires a medical certificate issued on the same day attesting to competency
Wills and Estates
Notarial wills and testaments
Intergenerational Law (Trusts, Estates, Lasting Powers of Attorney, Parenting)
A person made a notarial will, in which he replaced the beneficiaries from his ex-employer to his sister and her children. The Court probated the will. Israeli law stipulates that every person is competent to make a will unless their legal capacity to has been revoked or if he does not understand its meaning at […]
The publisher of a fictional work featuring a character with identifiable characteristics of a real person may face legal action
Copyright, Trademarks Media and Artists
Dispute Resolution
An author published a fictional book centered on a villainous, criminal, and deceitful character. The character in the book was portrayed as an Israeli, a lecturer in intelligence at Sofia University, involved in real estate in Bulgaria, who had undergone bariatric surgery and suffered from diabetes – details matching precisely a businessman who was previously […]
Purchasers who lawfully rescinded a contract are entitled to restitution of consideration at the real value based on the apartment’s current market price
Real estate in Israel and around the world
Dispute Resolution
Apartment purchasers filed an action against a contractor demanding the rescission of the sale agreement and restitution of the consideration, after they were provided with a non-compliant parking space that could not be reasonably utilized. The Court accepted the claim for rescission of the agreement and held that the breaches by the contractor were fundamental […]
