Afik News 306 08.04.2020

Corona Virus & Insurance – Frequently Asked Questions Dear customers and friends, We are in the midst of unconventional times and naturally experience feelings of uncertainty and concerns. We have compiled answers to some commonly asked questions that arise regarding the interface between Insurance and the Corona Virus (Covid-19). Is there any cover for damage […]

A supplier of a company demanded payment from the shareholders for a debt of the company after motion company’s accounts were emptied, the company’s operations were shut down and then a request for a voluntary liquidation was filed, in which the debt was not disclosed. The Court accepted the claim and held that the corporate […]

Owners of the inner part of a split plot located in the mountainous part of the city of Haifa passed for years through the second section, on a steep slope, to the main road. Years later, the municipality built a public staircase outside the plot, which created an alternate route to the main road and […]

A company with a single shareholder who was also the sole director therein contracted a telecommunications company while its economic situation did not allow it to consummate the contract and therefor the telecommunications company sought to personally charge the sole shareholder. The Court held that even if the shareholder is not the one who signed […]

In an agreement for the purchase of an apartment for housing purposes, which had no building permit, it was set that if the purchaser will not be able obtain a mortgage due to the bank’s refusal, the downpayment will be reimbursed. The purchaser was refused mortgage by three banks but the seller refused to repay […]

A shareholder and manager of a water meter company committed 15 acts of coordinating tenders with competitors. For example, he reached an agreement with a competing company whereby it would not oppose to an appeal by the company to the Supreme Court for cancellation of a tender, in which the competing company won and in […]

The Corona Virus bears many health and economic risks, but also creates a new playing ground and set of game rules that corporations and their managers have not previously faced. What negligence claims are directors likely to face and how will they protect themselves from these anticipated future claims? In light of the Corona Virus […]

נדרש היתר מראש של המדינה להוצאה לחל"ת של עובד "מוגן" (למשל, עובדת בהריון) אלא בהתקיים מספר תנאים מצטברים, לרבות הסכמת העובד וקשר ישיר בין ההוצאה לחל"ת לבין מגפת הקורונה

The Globes journalist Matan Barnir wrote about a motion filed by the Afik & Co. office