Afik News 171 04.02.2015

Afik News 171 04.02.2015

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Legislative Updates

February 4, 2015

Amendment to Israeli Antitrust Law – Cancellation of the Blanket Exemption for Reciprocal Distribution Agreements

The Israeli Restrictive Trade Practices Act, 1988, is designed to prevent businesses from placing “obstacles” on the normal course of competition in the market and, inter alia, prohibits the existence of a cartel (or, "restrictive agreement").   Until recently the law included a blanket exemption for reciprocal exclusive distribution agreement. A recent amendment stipulates that as of the end of ...
January 6, 2015

No liquidation order will be delayed for a company that avoids payment of a debt clause in respect of an offsetting claim of a disputed debt

 
January 14, 2015

The investigation of officers by a liquidator should not be avoided even if it may lead to the filing of a claim

 
January 25, 2015

Legislation Update: Minimum Wage Law (Raising Minimum Wage Amounts – Temporary Provision), 2015

ביום 25 ינואר, 2015, פורסמה הוראת שעה בקשר עם העלאת סכומי שכר מינימום מ-4,300 ל-5,000 ₪.  על פי הוראת השעה, התוספת לשכר המינימום תתפרס עד ינואר 2017 ותתבצע בשלוש פעימות.  החל מיום 01.04.2015 יעמוד שכר המינימום לחודש על 4,650 ₪, החל מיום 01.07.2016 על 4,825 ₪ והחל מיום 01.01.2017 יעמוד שכר המינימום לחודש על 5,000...
January 25, 2015

An agreement with a clause that states that the agreement prevails over all negotiations cancels prior obligations
January 10, 2015

It is sufficient to open the execution process in order to prove harm to reputation

בני זוג התקשרו בעסקה לפיה בת משפחה תיקח עבורם הלוואה אשר תוחזר בתשלומים חודשיים.  בשלב מסוים, חדלו בני הזוג לעמוד בהחזר החודשי ועל כן פתח הבנק הליך הוצאה לפועל נגד בת המשפחה והערב להלוואה. בת המשפחה טוענת, כי בשל הפרת בני הזוג את התחייבותם נפגע שמה הטוב, בין היתר, כתוצאה מהליך ההוצאה לפועל. בית המשפט קבע, כי על בני הזוג לשלם את מלוא הסכום של יתרת חוב ההלוואה בצירוף ריבית. עוד קבע בית המשפט, כי בשל...
April 16, 2017

The right to compensation agreed upon in a lease agreement is subject to the fulfillment of the agreement by the other party

בהסכם שכירות נקבע כי לשוכר אופציה למסור למשכיר הודעה בכתב לפיה אין ברצונו להאריך את תקופת השכירות. השוכר לא שלח הודעה והמשכיר טען כי השוכר הפר את הסכם השכירות וביקש לחייבו בתשלום הפיצוי המוסכם הקבוע בהסכם...
January 20, 2015

A strict and meticulous approach should be preferred in examining errors that fell on the guarantee of a tender
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