Afik News 096 29.02.2012

Legislative Updates

February 11, 2012

An agreement that deals with the allotment of shares in the Company and contradicts the provisions of the Articles of Association is void

February 11, 2012

In a subsidiary of two shareholders, a claim against one another does not have its place in a derivative claim proceeding

February 21, 2012

Two similar trademarks can be registered when the type of consumers to which the products are marketed is limited and distinct

January 29, 2012

A judgment confirming a compromise may be annulled if a substantive flaw has fallen in the agreement on the basis of which the judgment is given

February 26, 2012

Amendment 2 to the Contracts Law did not bring about a real change in the legal situation regarding the interpretation of contracts