Afik News 170 21.01.2015

Capital reduction will be approved to the extent that it is proven that this will not prejudice the Company’s existing and future liabilities

Legal documents can be served on a foreign company by means of an serving the Israeli managers

תביעה הוגשה נגד שורה של חברות זרות כאשר התובע המציא את המסמכים לחברות הזרות באמצעות דירקטורים ומנהלים בישראל של החברות...

A statement filed in a rights application may constitute a contract in favor of a third party

A contract is not adapted to a binding contract when details are lacking that one of the parties may see as material

A memorandum of understanding prior to a purchase agreement may be considered a binding agreement

Arguments against the legality of the tender must be raised immediately and not retroactively after the announcement of the failure to win the tender