Afik News 231 24.05.2017

Afik News 231 24.05.2017

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Legislative Updates

April 30, 2017

A control holder of a public company may not personally remunerate office holders

A public company did not approve special remuneration for office holders for a specific move in which the control holders had a personal interest and the control holders obligated to personally pay bonus to the office holders.  A shareholder filed a motion for a derivative claim on behalf of the company...

April 4, 2017

A liquidator does not have the right to receive reports filed with the Antitrust Authority ‎

A company liquidator demanded to receive reports filed with the Antitrust Authority...

April 27, 2017

The default is that a director who serve only as a director in the company will not be treated as a employee of the company

A director and a controlling shareholder of the company filed a claim asking the court to recognize him as an employee of the company and to grant him all the rights to which he is entitled to as an employee, for the services he provided to the company as a director. The court held that in order to determine the nature of the relations between the parties and to determine whether labor relations ...

April 30, 2017

In order to receive compensation due to infringement of a trademark damage need be proven

A company claimed that another is selling counterfeit products and is misleading the public and that this is also breaching its registered trademark. Thus, the company demanded compensation under both the Trademark Ordinance and the tort of passing off...

March 16, 2017

A Foreign employee may not change his occupation without changing the permit while the permit is ‎still valid ‎

A Chinese citizen received a permit to stay in Israel and work as a chef. After the permit expired, the employee remained in Israel illegally, worked as a construction worker and at the same time attempted to arrange a permit as such. The employee was caught by the Immigration Authority and was demanded to leave the country immediately. The Court held that a foreign employee is entitled to work ...

May 9, 2017

Lack of good faith of a tender participant may cause the disqualification even after such participant ‎was declared the winner of the tender

A company won a tender for services but later it was suspected of price fixing and the tender committee cancelled the win.  The company moved the Court against such resolution and also requested that it will not enter into effect until a Court verdict...

May 10, 2017

‎‎‎‎‎‎‎‎ ‎‎‎‎‎‎‎‎A lessor ‎ is not entitled to compensation from the lessee for demolition of an illegally built pergola

A lessee of a commercial property demolished, prior to evacuation of the property, an illegally built pergola that was erected many years before.  The lessor claimed that the purpose of the demolition was to prevent leasing the property to a competitor of the lessee and that the lessee did not have the right to demolish the pergola that belonged to the lessor and the lessor was entitled to have ...

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