Afik News 123 03.04.2013

Legislative Updates

March 19, 2013

A director may be criminally responsible even if criminal activity is permitted in the company but he has not committed it himself

March 10, 2013

Compliance with the right to cancel a contract in respect of its breach will be considered in exceptional cases only as a result of a lack of good faith

March 18, 2013

A sweeping waiver in the documents of an investment fund does not invalidate verbal representations made concurrently

March 19, 2013

In some cases, the passage of time may prevent an attack on improper registration of premises in a condominium

March 24, 2013

ערבות של חברת ביטוח אינה “ערבות בנקאית”