Afik News is the bi-weekly professional magazine of Afik & Co. Attorneys and Notary
SubscribeForced sale of minority share in a company is not an exclusive remedy in case of oppression of minority
Business, Corporate and Joint Ventures
Domestic Relations
Dispute Resolution
Minority shareholders in a family corporation contended oppression for the minority, after receiving their shares by inheritance from their father and after they were (for years) not active in the company’s management. The shareholders demanded that the majority purchase their share in the company. The Haifa District Court held that in the case of a […]
Do you trust me to take care of you and your heirs ?
Intergenerational Law (Trusts, Estates, Lasting Powers of Attorney, Parenting)
Notarial Services
Wills and Estates
A person wants to ensure that he leaves his heirs assets after his demise. A will is always a possible solution, but how can one make sure that he may use the assets as long as he lives, but until the time of his death creditors will not be able to touch the assets if […]
A shareholder in a group of companies will not be liable for debts to employees of a group company in which it holds no shares
Business, Corporate and Joint Ventures
Labor Law and Immigration
Dispute Resolution
An employee who worked in a studio contended that she did not receive her rights and demanded payment from a teacher in the studio, who she contended to be the driving force behind the group of companies that alternatively operate the studio, and is a major shareholder in the group. The Labor Court rejected the […]
A partial expropriation that did not increase the value of the remainder of the land may entitle compensation
Real Estate
Dispute Resolution
Construction
A plan for the development of an area near Carmiel was published and included pavement of a road. The road was planned to pass through some land plots and therefore partial expropriation of such plots was required. The Supreme Court held that under the Planning and Building Law, expropriation of up to 40% of the […]
Product assembly instructions provided through drawing and illustrations are preferable to verbal instructions
Commercial, Banking and Financial
International Transactions and Dispute Resolution
Dispute Resolution
A class action was filed against IKEA contending that it does not comply with the duty under Israeli law to supply Hebrew assembly instructions as their assembly instructions are based on illustrations and drawings only. The Supreme Court rejected the motion and held that if assembly instructions in a non-Hebrew language exist, such need be […]
Users of an international free website can file claims in Israel, even if the website includes a foreign jurisdiction clause
Commercial, Banking and Financial
International Transactions and Dispute Resolution
A class action lawsuit was filed against Facebook claiming that it reads private messages and uses them commercially. The claim was filed in Israel despite the fact that the Terms of Use on Facebook’s website determine that any dispute will be conducted in California and under the laws of the State of California. The Supreme […]
Under certain circumstances ownership of chattels passes regardless of its illegal removal a property right from original owner
Commercial, Banking and Financial
Dispute Resolution
A car was sold against receipt of a bankers check. Only after an attempt to deposit the check did the sellers that the check was not a bankers check but an ordinary check and it was rejected by the bank, but in the meanwhile the car was sold to a third party. The Court held […]
