Afik News 165 12.11.2014

The right to file a derivative claim exists for a shareholder in the company on whose behalf the claim is filed

No personal liability shall be imposed on a shareholder or manager of the Company for breach of the Company’s undertakings

Press confidentiality prevents the possibility of charging a defendant with slander to the journalist’s time for testimony and waiving the confidentiality

In the Be'er Sheva case 298/86 Ben Tzion Citrin v. The Disciplinary Court of the Tel Aviv District Bar, 2 (2) 337, the Supreme Court ruled that although Israeli law does not include this privilege, For a journalist to refrain from revealing his sources, by virtue of the supra-constitutional principles of freedom of expression and freedom of the press...

Proof of a loan agreement that was predicted to be a real agreement would not be considered as an apparent agreement

The existence of a public wrong must be proved when applying for approval of a class action

In an advertisement for the purchase of a car, a particularly low price was noted relative to the price list of the vehicle. In a conversation with the business, it turned out that there had been a typo at the published price. As a result of the misstatement, a request to approve a class action was filed on the grounds that it was a sales exercise intended to cause potential buyers to contact the ...

A decision to change the provisions of the Articles of Association of a jointly-owned house that was duly enacted will also oblige purchasers of new apartments in the building

Submission of a guarantee of its nature in the tender and deviation from the required wording constitutes a material defect justifying the disqualification of an offer