Afik News is the bi-weekly professional magazine of Afik & Co. Attorneys and Notary
SubscribeThere is no legal way to require a person or company to remain a member of a non-profit association
Business, Corporate and Joint Ventures
An Amuta (not for profit association) claimed that a company signed a covenant in which it undertook to accept the authority of the Amuta’s decisions, including a decision concerning the payment of monthly membership fees. On the other hand, the Company claimed that it is no longer a member of the Amuta and therefore does […]
Registration procedures for new companies as of January 2011
Business, Corporate and Joint Ventures
On December 23, 2010, the Companies Authority published a special update for the New Year, which sets forth fast registration tracks for companies. As part of the reform, it is now possible to quickly register a company to the extent that the threshold requirements are met. In light of the above, preparations must be made […]
A local authority may not collect participation fees for the paving of a sidewalk when the bylaw does not have explicit authorization for this
Public Law, Environment and Tenders
Dispute Resolution
Residents petitioned against the collection of payment by the local authority for paving sidewalks. The relevant bylaw states that the Authority may collect participation fees for paving a sidewalk only after the resident is required to build the sidewalk himself and did not perform it. The Supreme Court accepted the appeal and held that where […]
The Magistrate’s Court held that it was sufficient for the foreign defendant to receive a statement of claim in order to satisfy the service of process requirement under the Hague Convention
International Transactions and Dispute Resolution
Dispute Resolution
A foreign company argued that a judgment against it should be overturned in the absence of defense in light of an alleged flaw in the manner of submission of the claim documents, which were sent by registered mail, while Switzerland signed the Hague Convention with reservations that it refused to receive documents by registered mail. […]
New rules for the Council for Cable and Satellite Broadcasts: reimbursement of costs at the time of cancellation and disengagement from an operation and duration of a commitment period
Commercial, Banking and Financial