Afik News is the bi-weekly professional magazine of Afik & Co. Attorneys and Notary
SubscribeOne can not restrict occupation of an employee who breached fiduciary duties under a previous employment term employment term
Maritime, Aviation and Transportation Law
Labor Law and Immigration
Commercial, Banking and Financial
A company that provides services to yacht owners has discovered that a former employee, who was employed as a skipper, started providing a private service to one of the company’s customers despite an explicit ban on doing so. The company sought to prevent him from providing service to all of the company’s customers for a […]
“Four Sons” participate in a tender – who will win?
Public Law, Environment and Tenders
An article in the spirit of Passover on the right way to submit a bid for a public tender and the importance of legal assistance by a lawyer with experience in the field. The article was written by Yair Aloni, Adv. of Afik & Co.
A notice regarding the dissolution of a partnership grants each partner the mandate to demand the settlement of partnership accounts
Business, Corporate and Joint Ventures
Dispute Resolution
A partner sent a letter in which he requested the dissolution of the partnership due to disagreements that arose between the partners regarding the joint company’s management. The Court held that the letter in which the partner announced the partnership’s dissolution, led to a de facto dissolution of the partnership in a manner that requires […]
When after contentions of breach complete severance between the parties occurred for years the agreement is deemed terminated
Commercial, Banking and Financial
Real Estate
Dispute Resolution
Apartment owners discovered that an developer with whom they previously contracted to carry out a TAMA 38 project had recorded cautionary notes on their rights after no formal termination notice was given by the them, even though for three years there was complete disengagement and the tenants had already contracted with another developer. The Court […]
A prenuptial agreement cannot be revoked or changed in conduct but only by way of a new prenuptial agreement to be approved in Court
Notarial Prenups
Notarial Services
Domestic Relations
Prior to the wedding, a couple signed a prenuptial agreement, according to which the man has no rights in the house purchased by the woman. When the marriage collapsed the woman demanded to evict the man from the house but he contended that it was a draconian prenuptial agreement made for appearance only when he […]
A controlling shareholder conflict of interest transaction will not be canceled if a long time has elapsed
Business, Corporate and Joint Ventures
Dispute Resolution
A controlling shareholder in a company entered into a combined transaction affected by a conflict of interest for the allotment of private shares and the sale of the shares, for the purpose of creating a controlling stake. The transaction took place about 6 years ago, using insiders information about negotiations he conducted in his capacity […]
When employing minors employers have a strict duty to take reasonable measures to protect the employee from harm
Labor Law and Immigration
Dispute Resolution
A minor, employed at a store, was injured when asked to remove and throw a large glass sheet which broke and caused a serious injury to his leg that led to a disability that remained with the minor throughout his life. The Court held that an employer has a duty to protect the employee from […]
The Marker: Interview with Doron Afik: Israeli Migration to Australia: Out of 20 Issued Companies – Half in Negative Yield
Capital Markets and Stock Exchange Regulations
Israeli Migration to Australia: Out of 20 Issued Companies – Half in Negative Yield The trend of IPOs by Israeli companies in Sydney was blocked in 2020, in light of the challenges posed by COVID-19 ■ The CEO of THE IPO field at the Sydney Stock Exchange: “Successful Israeli IPOs – Companies with maturity and […]
