Afik News 213 24.10.2012

Legislative Updates

September 23, 2012

The court will intervene in a creditor arrangement only if there are better alternatives

September 4, 2012

A creditor who waived his status as a guaranteed creditor will not be able to return to his status even after the creditors’ arrangement has been canceled

October 9, 2012

A first purchaser will be preferred over a second buyer in counter-transactions if he acted in good faith and even if the transaction was not recorded

October 11, 2012

The opinion of the parties to an arbitration agreement will determine the question of where the dispute will be resolved

October 10, 2012

The appellate court is empowered to intervene in the findings of the trial court in special cases