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Non-payment of city taxes by a company personally obligate its controlling shareholder
A holding company that held a number of properties in Tel Aviv went into liquidation and was unable to pay the municipality its debt for city taxes.
Review of whether an employee position is a trust position not encompassing payment for overtime is pursuant to the circumstances and not the name given to the job
In a family company, held by two brothers both over 70 years old, a conflict broke out between the brothers.
When tendering morality and insanity
A famous saying attributed to Albert Einstein states that insanity is doing the same thing over and over again and expecting different results - does this apply also to public tenders?
Calcalist: Founder of Cyber startup Bio-Nexus is setting up a new investment fund
A lessor may exercise a bank guarantee during the Coronavirus crisis despite lessee’s claims for lack of a right to receive rent
A hotel owner ceased to pay rent during the Coronavirus crisis and opposed the cashing of the bank guarantee by the lessor.
Dilution of minority shareholders by issuance of shares will not necessarily be deemed oppressive
Shareholders of a publicly traded company contended that the controlling shareholders raised capital in order to take over the company by diluting their holdings in the company, resulting in the company entering the stock exchange's conservation list, limiting share trade and finally resulting in the company entering liquidation.
The attachment of a bank’s guarantee to a tender offer amounts to a flaw justifying its disqualification
A tender participant attached to the bid a copy of the bank guarantee, while the tender terms required the attaching the original guarantee.
When a vessel sinks in the Israeli territorial water a non-Israeli may also receive data from the Israeli authorities
A ship got caught a storm and sank in the Israeli territorial waters.