Afik News is the bi-weekly professional magazine of Afik & Co. Attorneys and Notary
SubscribeHow Would You Like To Pay? – Cash and Checks OUT, Credit Card Fees IN
Commercial, Banking and Financial
In recent years my wallet keeps getting lighter. In fact, it is so light that I lose it so often. Its content is not particularly exciting – a credit card, ILS 20 in cash (in case required) and a driver’s license. Similarly, one can see how people carry less and less cash in their pockets […]
A person who’s bank account was placed under a lien and did nothing to prevent it will not receive compensation for damage to his reputation
Dispute Resolution
Commercial, Banking and Financial
A municipal parking report did not reach its destination on time and its existence was learnt only upon receipt of an increased debt demand. The municipality rejected the debtor’s request to cancel the report and imposed a lien on the debtor’s bank account. The Court held that the municipality was negligent when it failed to […]
A residential apartment owned by a spouse prior to marriage may remain in his possession even if the couple married
Real Estate
Dispute Resolution
Commercial, Banking and Financial
A couple married when the husband had a residential apartment at the time. The couple subsequently divorced and the bank wanted to remove the woman and her daughter from the apartment, partly because a few years earlier, the woman had signed a waiver that she had no rights to the apartment. The Supreme Court held […]
Under certain circumstances an arbitration clause in a corporation’s articles of association may constitute a depriving condition in a uniform contract
Business, Corporate and Joint Ventures
Dispute Resolution
Copyright, Trademarks Media and Artists
The articles of association of a cooperative society that constitutes a monopoly in the field of copyright protection included an arbitration clause according to which in the event of a dispute between the cooperative and the creators, its shareholders, the cooperative will have exclusive authority over the manner of appointment and tenure of an arbitrator. […]
In a commissioned work, the first owner of the copyright is the commissioner and not the photographer
Dispute Resolution
Commercial, Banking and Financial
Copyright, Trademarks Media and Artists
A pair of professional photographers took photos at a wedding and these photos were ended up being uploaded to a wedding dresses marketing and designing commercial company’s Instagram account, without giving credit to the photographers. The District Court partially accepted the photographers’ claim for copyright infringement and held that apart from the economic rights held […]
An employee who did not attend to work after her dismissal was terminated due to her pregnancy is deemed to have resigned
Dispute Resolution
Labor Law and Immigration
An employee decided to disclose her pregnancy close to the end of the advance notice period. The employer informed the employee that her dismissal is canceled but she did not return to work and in a conversation made it clear that she does not intend to return to work. The Labor Court held that […]
Partners in a discontinued corporation may be personally liable for the city tax debts of the corporation
Dispute Resolution
Real Estate
Business, Corporate and Joint Ventures
Three established a business and entered into a partnership agreement, under which it was agreed that a company will be established and only one of them will be registered as a shareholder. The company accumulated a municipal tax debt and the municipality demanded that the shareholder and the other partners pay the company’s property tax […]
