Afik News is the bi-weekly professional magazine of Afik & Co. Attorneys and Notary
SubscribeA company may sue an organ who exceeded its authority and obligated the company
Business, Corporate and Joint Ventures
Dispute Resolution
An agreement of acknowledgement of a debt and compromise was executed vis-à-vis a company when on behalf of the company signed the father of the shareholders. The Company later contended that the signatory was not authorized and the agreement does not bind it. The Supreme Court held that an act committed vis-à-vis a third party […]
A counterparty of a company need ensure that the person who signs on behalf of the company has signatory rights
Competition
Business, Corporate and Joint Ventures
Real Estate
A company leased land in order to build a gas station thereupon and executed a term sheet with a gas stations operator, in which it was written that it will obligate only until an agreement is signed and that the agreement is subject to antitrust commissioner approval, if required. After a year-long negotiation the operator […]
An apartment Cannot be used in contrary to the provisions of the condominium regulations
Real Estate
Dispute Resolution
Tenants in an apartment building have used their apartment as a synagogue and community center, allegedly, in contradiction to the rules of the condominium regulations. The Court held, the condominium regulations is, for the owners of the apartments, as a kind of constitution, imposes its authority on the apartments owners. Provisions of the condominium regulations […]
An employer may use a private email message of an employee if exposed to it unintentionally and in good faith
Labor Law and Immigration
Privacy, GDPR, Confidentiality and protection of reputation
Dispute Resolution
An employee left his work place and his private e-mail box remained open on the desktop computer at the workplace. As the company sought to give his computer to another employee it was exposed to messages indicating a fraud committed by the employee. The Supreme Court held that leaving open information on a computer does […]
Publication in the News1 news site on the High Court of Justice appeal in the case of Afik v. Israeli Auditors’ Council
Attached is an article published by reporter Itamar Levin on May 16, 2016, in the News1 internet website and also an article published by reporter Shi’ Weiss on Mai 17, 2016
Right to stay permit in Israel for investor and foreign experts
Labor Law and Immigration
The State of Israel has become in recent years an international economical center requiring entry into Israel of non-Israelis, sometimes for longer periods. Such are both foreign investors in Israeli corporations and foreign experts required for the development and success of Israeli companies. To cope with the will to continue and develop the Israeli economy […]
Statement that an agent is acting from personal interests are defamation
Commercial, Banking and Financial
Privacy, GDPR, Confidentiality and protection of reputation
Dispute Resolution
An insurance agent transferred his client from one company to another. The company which client left it had conversations with the clients and explained to them that the agent recommended them to change company because of his personal interest – a bonus received from the new company – and not from reasons of the benefit […]
A Court will cancel an illegal provision of an investment agreement in lieu of cancelling the whole agreement
Business, Corporate and Joint Ventures
Dispute Resolution
High-Tech and Technology
A person signed a termsheet for investing several hundred thousand Dollars in a technology company which stated that no sanction will be held if not all of the amount will be invested. Later the investor signed another termsheet that cancelled the first and the amount of investment was raised to millions, but failed to invest […]
Publication in the Hamodia newspaper on the High Court of Justice appeal in the case of Afik v. Israeli Auditors’ Council
Public Law, Environment and Tenders
Attached is an article published by reporter Itamar Levin on May 16, 2016, in the News1 internet website and also an article published by reporter Shi’ Weiss on Mai 17, 2016, in the ‘Hamodia’ newspaper regarding legal proceedings in which our firm represents a client.
