Afik News is the bi-weekly professional magazine of Afik & Co. Attorneys and Notaries
SubscribeThe Maritime Court in Israel has the jurisdiction to arrest any vessel anchored in Israel and to hear in rem claims against it
Maritime, Aviation and Transportation Law
Dispute Resolution
A fuel supplier from Dubai, United Arab Emirates, supplied fuel in Turkey and Malta to a Russian-registered cargo ship and sought to enforce a maritime lien against the vessel in Haifa in respect of a debt. Meanwhile, the ship was sold to another owner who repudiated the fuel supplier’s maritime lien. The Court dismissed the […]
One cannot deduct from an employee’s salary to cover future expenses
Sports Law
Labor Law
Dispute Resolution
Wage deductions under the component of a “deposit” were made from the salary of a brazilian football player who played for the Maccabi Haifa football club during his final months of employment. The said deductions were intended to secure the payment of the player’s future expenses, such as debts for traffic fines, housing bills, and […]
The Israeli Court is the proper forum to adjudicate a restrictive arrangement, even when all parties to it are foreign corporations
Competition
International Transactions and Disputes and Israeli “Soft Landing”
Dispute Resolution
Foreign corporations were sued for damage caused to Israeli consumers due to a restrictive arrangement to which they were parties. Within this framework, they coordinated prices, quantities and bids in the manufacturing of a component integrated into hard drives. The Court held that the Israeli Court is the proper forum to adjudicate the lawsuit. To […]
Amendment to the Annual Leave Law: A relative’s memorial day is added to the list of statutory optional leave days
Labor Law
In July, 2026, an amendment to the Israeli Annual Leave Law was legislated, adding the Memorial Day of a first-degree relative (parent, child, spouse, or sibling) to the list of statutory optional leave days. Accordingly, an employee is entitled to take this optional leave day out of their annual leave quota on the memorial day […]
A Broker may be entitled to brokerage fees from related parties in the event that it served as an “effective cause” for the transaction
Mergers and Acquisitions
Dispute Resolution
Commercial, Banking and Financial
A middleman entered into an agreement with parties to an acquisition transaction, under which it was intended to receive brokerage fees. After the deal fell through, some of the involved parties established a new company that ultimately executed the deal and made the acquisition, without paying the brokerage fees. The Court held that the middleman […]
A seller who conceals material information regarding a property may be liable to compensate the purchaser for resulting delays and expenses
Real estate in Israel and around the world
Dispute Resolution
Purchasers entered into a transaction to acquire real estate for the establishment of a gas station based on a presented building permit, but in practice the seller agreed with the authorities to postpone a required environmental soil survey without disclosing this upon the execution of the transaction, resulting in construction delays and the purchasers bearing […]
Publication on the Boks-International website regarding the merger of the Ronit Amir-Yaniv Law Firm into Afik & Co.
On the website of the international network of lawyers and accountants, to which Afik & Co. belongs, the following was published regarding the merger: The international law firm Afik & Co. (a member of the BOKS International alliance) is delighted to announce the successful completion of a merger with the Ronit Amir-Yaniv Law Firm. This […]
Cyprus or Greece? Where should an Israeli buy an apartment
Real estate in Israel and around the world
International Transactions and Disputes and Israeli “Soft Landing”
An article comparing Cyprus and Greece as real estate investment destinations for Israelis. The article was written by Adv. Eran Orzel of Afik & Co.
