Afik News is the bi-weekly professional magazine of Afik & Co. Attorneys and Notary
SubscribeThe minimum wage has been updated
Labor Law and Immigration
Following the collective agreement signed between the Histadrut and the Presidency of Business Organizations, the Minimum Wage Law (raising minimum wage amounts – temporary order) – 2015 was published. Pursuant to the temporary order the minimum wage will gradually raise in three stages which will be spread over two years. On July 1, 2016, the […]
The silent revolution of consumption habits
Commercial, Banking and Financial
Over the past few years, a silent revolution has been brewing in global consumption patterns. The revolution has also reached Israel, and it has forced producers, service providers and marketers to be more creative and to rethink previous assumptions. In Hebrew, the term is “Haachada”; in English it sounds a bit better: “Consolidation”. It’s everywhere […]
A clause in a lease agreement limiting use of a store and thus limiting competition may be cancelled
Competition
Real Estate
Dispute Resolution
An owner of land leased for 999 years a store in a shopping center and the lease agreement limited the use of the store. The lessee argued that the restrictions are illegal and should be canceled. The Court held that an owner of land has the right to prevent an improper use of the property, […]
A general right of first refusal may be activated jointly by two shareholders
Business, Corporate and Joint Ventures
Dispute Resolution
כלכלי ת"א: זכות סירוב ראשונה כללית ניתנת להפעלה על ידי שני בעלי מניות המתנים אותה ברכישה מלאה משניהם, אך לא זכות סירוב פרטנית לכל בעל מניות
The Passing Off Tort in Israel
Commercial, Banking and Financial
Copyright, Trademarks Media and Artists
Accumulating a good business reputation often takes a long time and certainly requiers investing many resources and effort. Sometimes business competitors or imitators attempt seek to ‘shorten processes’ by adopting trade names or using symbols that belong to other businesses in order to unfairly attract customers to their business. What protection does the law provide? […]
An arbitration agreement must be in writing but sometime exchange of e-mails will suffice
International Transactions and Dispute Resolution
Dispute Resolution
Two parties negotiated a partnership for development of a technological solution but the agreement was not signed. When a claim was filed in Israel the defendant argued that the proceedings should be stayed because the draft agreement included a clause that required any dispute to be held in arbitration in London. The Court held that […]
A clerical error in the Land Registry regarding the size of the apartment does not affect rights
Real Estate
Dispute Resolution
An owner of an apartment located at the ground floor of a condominium claimed that an area of 16 sq. of open space outside his apartment should be attached to his apartment because the land registry records show that the actual size of the apartment lacks a similar area. The Court held that the recording […]
The hours of work and rest law will apply to intermediate level or junior managers
A dismissed employee claimed that he is entitled to overtime pay. The employer argued that the hours of work and rest law does not apply as the employee was a manager. The Labor Court held that intermediate or junior management level employees are subject to the law and that the law exceptions are to be […]
