Afik News is the bi-weekly professional magazine of Afik & Co. Attorneys and Notary
SubscribeThe municipal tax manager is not empowered to interfere with the contractual relationship between a lessor and a lessee
Taxation and Government Incentives and Funding
Real Estate
Dispute Resolution
A city refused to recognize lessees of the stores in a mall as holders of the public space for purpose of municipal tax. The Court ordered the city to record the lessees as holders of the joint space in the mall. The discretion of the municipal property tax manager to refuse to register a holder […]
On Alchemy (turning steel into gold), Cousins and Prime Ministers
Business, Corporate and Joint Ventures
Dispute Resolution
A person (e.g., Israeli Prime Minister Benjamin Netanyahu) invests a significant amount of Dollars in a “failed” American private company, with a significant discount on the share price, and after a few years sells his shares at a huge profit. In the same example, the Prime Minister (in an attempt to fight off public criticism) […]
Crypto currency is subject to the same anti-money-laundering obligations of identifying the source of the money
Cryptocurrency, NFT and Web-3
Commercial, Banking and Financial
High-Tech and Technology
An employee worked as a coffee stand operator until he was dismissed for reasons related to the manner of carrying out his duties. As part of the hearing, the employee was told that the job he filled was suitable for young people in their early 20s while he was over 30 years old. The Labor […]
Even if the age of the employee was discussed not any termination of an aged employee is considered discriminatory
Labor Law and Immigration
Dispute Resolution
An employee worked as a coffee stand operator until he was dismissed for reasons related to the manner of carrying out his duties. As part of the hearing, the employee was told that the job he filled was suitable for young people in their early 20s while he was over 30 years old. The Labor […]
Transfer of business activity to a new company may result in it being obligated to the debts related to the transferred activity
Business, Corporate and Joint Ventures
Dispute Resolution
A taxi-station owner borrowed funds and when he could not repay the loan, transferred all the taxi station’s activities, free of charge, to a company newly incorporated by his sister-in-law, who also received the station’s activity and its debts from customers, but the purchase agreement specifically stated that debts of the business are not transferred. […]
A special manager in a liquidation proceeding may interrogate officers as long as it is not for the purpose of a future lawsuit on its behalf
Business, Corporate and Joint Ventures
Dispute Resolution
Special managers of an Othman association in liquidation summoned the association’s CEO to an interrogation, but he contested the summons contending that the whole purpose of the interrogation was to collect evidence in order to establish a lawsuit against him. The Supreme Court approved the summoning of the CEO for interrogation. One of the purposes […]
Not every publication on the Internet about an Israeli will enable opening procedures in Israel against the website
International Transactions and Dispute Resolution
High-Tech and Technology
Dispute Resolution
A father and son contended that a foreign website, whose operators are from Latvia and the United States, published defamatory statements about them in order to extort a ransom from them, in exchange for its removal. The Court rejected a motion for a permit to make service of process of the claim outside Israel to […]
