Afik News is the bi-weekly professional magazine of Afik & Co. Attorneys and Notary
SubscribeThe sale of private company shares can not be blocked in the absence of a clause in the Articles of Association restricting this right
Labor Law and Immigration
Business, Corporate and Joint Ventures
Dispute Resolution
As part of a dispute over a family business that includes a group of private companies in the field of kitchen manufacturing and sales, two sisters moved to prevent their brother from selling to a third party shares in the companies that are held by the three of them. The Court held that the brother […]
A bid that does not comply with the provisions of a tender may be rejected even if was approved by the tender control company
Public Law, Environment and Tenders
Real Estate
Dispute Resolution
An entrepreneur won a tender for the construction of apartments as part of the “Price per Occupant” project of the Israel Land Authority (reduced cost apartments). As part of its bid, the entrepreneur submitted a draft contract to be signed between it and the purchasers, in which it was set that the purchasers would bear […]
When a will was drafted by a lawyer it is deemed valid even if it was typed by one of its beneficiaries
Wills and Estates
Notarial wills and testaments
Intergenerational Law (Trusts, Estates, Lasting Powers of Attorney, Parenting)
A woman’s daughter contended that her mother’s draft will was drafted under undue influence as well as typed by one of the beneficiaries, even though the final will was drafted by a lawyer before witnesses, and therefore the provisions in the will which entitle the beneficiary are void. The Court denied the motion and held […]
Mine, Yours, the boss’ !
Copyright, Trademarks Media and Artists
Labor Law and Immigration
An article on the importance of creating an employment agreement arranged through a lawyer who also understands the subject of intellectual property to ensure that the rights in the employees' labor products belong to the employer and not to the employees
A long term lessee will not be evicted from a leased property even though he failed to pay rent during the Covid19 lockdown
Real Estate
Dispute Resolution
Commercial, Banking and Financial
A lessee of a warehouse unilaterally canceled checks handed over for rent due to a lockdown that occurred during the Covid-19 epidemic and the lessor sought to evict the lessor from the leased property. The Court dismissed the claim and held that the lessee should not be evicted even though it breached the lease agreement. […]
Appealing the results of a tender must be done with as short a delay as possible
Public Law, Environment and Tenders
Dispute Resolution
A company that competed in a tender issued by a municipal sewage corporation sought, after a month and a half, to disqualify the competitor from winning the tender because it did not meet the tender threshold conditions. The Court rejected the motion to disqualify the winning bid and held that the losing company submitted the […]
Breach of labor laws by itself does not constitute grounds for piercing corporate veil
Business, Corporate and Joint Ventures
Labor Law and Immigration
Dispute Resolution
An employee of a company, that ran into difficulties and ceased operations, contended sought to obligate the shareholders personally in respect of the debt to him. The Labor Court dismissed the employee’s claim and held that irregularities in wiring of payments to the employee that were made in good faith does not justify piercing of […]
