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Except in extreme cases a company filing a Court claim will need to deposit a security for the expenses of the defendant
A company supplying medical services filed a claim against a supplier of video calls applications that were to be used for the supply of medical services by the company’s doctors to its clients.
Purchase of real estate requires a written agreement but if lost one can bring proof that it existed
Two brothers purchased a storage in a commercial center 40 years ago but never recorded the ownership transfer and when they asked to record the property on their name instead of the contractor they discovered that there is no copy of the sale agreement or proof that they paid the full consideration.
Globes: Security Matters up sharply on ASX
A local authority is not obligated without a written order signed by all authorized signatories
A contractor performed an urgent work on the basis of a letter of commitment signed by the municipal engineer, but the local municipality contended that the letter is not binding force and refused to pay for the work.
A non-exclusive distributor is not entitled to a notice period prior to the termination of the distribution agreement
A supplier decided to raise the price of the products it sells to its distributor and reduce the quantity of products sold to the distributor, due to failure of distributor to meet sales targets.
On Cryptocurrency, Taxes, and how a Fictitious Nicaraguan Currency Rises in Israel
Walking in Tel Aviv I saw on the pavement a sign in Hebrew and English noting that a motorcycle using the pedestrian zebra crossing is subject to a fined of ₪ 250.
In an investment in a company by an investor with personal relationship higher disclosure obligations apply
An investor lent money to a company under a loan agreement and concurrently signed a non-binding memorandum of understanding regarding investment, which expressly stated that it does not oblige until the signing of a full agreement.
Enforcing a contract in a manner other than the agreed essence can only be demanded under exceptional circumstances
The Ashdod Port published a tender for supplying marine bunkering services at the port as part of its legal obligation to provide the services.