Afik News 160 03.09.2014

Legislative Updates

August 26, 2014

A chance to rehabilitate the company in a creditor arrangement should be preferred over liquidation

August 28, 2014

The organ of a company which actually pulls strings in an act of fraud of the company will be personally responsible

August 19, 2014

The company’s debts should not be attributed to a shareholder who has done everything in his power to save the company financially

August 19, 2014

A review of the professional correspondence of an employee by e-mail requires his prior consent

August 17, 2014

A company for the purpose of a specific project poses a risk to the possibility of collecting funds from it and therefore an attachment will be approved against it

August 21, 2014

An agreement whose purpose is a violation of the Planning and Building Law is null and void, and it is not possible to receive relief by means of compensation or enforcement

August 11, 2014

A contract can not be canceled due to an error in the viability of the transaction

August 10, 2014

An insurance tender of a public body such as a municipality must be a flexible tender that allows for discretionary space