Afik News is the bi-weekly professional magazine of Afik & Co. Attorneys and Notary
SubscribeDesign protection requires a unique innovation and character that is different from other published products
Commercial, Banking and Financial
Dispute Resolution
A manufacturer requested to register a design of a pouch in accordance with the Israeli Designs Law, 2017, although the Internet shows similar pouches but with a different design, including the part connecting the strap to the bag. The Design Registrar held that the pouch design is protectable. To register a design Israeli law requires […]
Piercing the corporate veil will be in extraordinary cases and is not the main path
Business, Corporate and Joint Ventures
Dispute Resolution
A middleman sent an email to a company manager stating that the cost of his services is a monthly retainer and percentage of transactions to be signed. The company manager agreed by email. Nevertheless, when the company refused to pay, inter alia because the signed merger transaction did not include any payment but only a […]
A shareholder is not entitled to receive and copy commercial documents even against an NDA
Business, Corporate and Joint Ventures
Dispute Resolution
Privacy, GDPR, Confidentiality and protection of reputation
A company with about 1,000 shareholders sought to enter an investment agreement with an external investor and to make a self-purchase of shares. Some of the shareholders requested to copy certain commercial documents relating to the core of the company’s commercial activities, in order to prepare for the general meeting for approval of the transaction. […]
Sharing a defamatory post on Facebook is deemed libel
Commercial, Banking and Financial
High-Tech and Technology
Dispute Resolution
A couple “shared” a defamatory statement against a local newspaper on Facebook and marked “like” on another defamatory post. The Supreme Court held that sharing a defamatory post on Facebook is publication of libel, but marking “like” is not deemed publication. Publication of a defamatory statement to one or more persons other the defamed is […]
Landlord behavior with other tenants does not affect the clear wording of the agreement
Real Estate
Dispute Resolution
Commercial, Banking and Financial
A person leased space in a commercial building for a café and playground. After clearing the property and stopping to pay rent, he suddenly demanded to extend the rental period and lease the property by sub-lease on the grounds that the lessor usually agrees to that with other tenants and that he was not aware […]
The corporate veil will not be pierced when the shareholder acted to rehabilitate it and pay its debts
Business, Corporate and Joint Ventures
Labor Law and Immigration
Dispute Resolution
A company was liquidated and a new company was established with the same activity in the same place and with similar shareholders. An employee of the liquidated company demanded that shareholders will be personally liable for her social right. The Court dismissed the employee’s claim against the shareholders. An employee is not a “voluntary creditor” […]
The new ASX All Tech Index – commencing in Q1, 2020
Capital Markets and Stock Exchange Regulations
The ASX has announced that it is planning to launch a new technology index in February, 2020, giving Australia what some industry players have called a smaller version of the NASDAQ-100 index. This new index, to be named the S&P/ASX All Technology Index (XTX) (All Tech), is intended to give greater visibility and clarity to […]
