
Afik News is the bi-weekly professional magazine of Afik & Co. Attorneys and Notary
SubscribePermission to use a trademark must be registered to ensure that there is no misleading of the public
Copyright, Trademarks Media and Artists
Dispute Resolution
A company sought to revoke the registration of an existing trademark because the trademark owner has not used it directly, but only through another company which has no corporate connection to her and for which no permission for use has been recorded. The Trademarks Registrar denied the application and held that the trademark could not […]
Showing a bank balance and agreements on income is not sufficient to exempt a claiming company from depositing a security for expenses
Business, Corporate and Joint Ventures
Dispute Resolution
A tenant in the cannabis field vacated the property after a short period when it discovered that it could not use it to establish a farm for growing medical cannabis. When the leasing company filed a lawsuit against it, the tenant demanded that deposit of a security for its expenses. The Court ordered the plaintiff […]
An indemnification obligation in a sub-contracting agreement will not apply if the main contractor did not fulfill its obligations
Commercial, Banking and Financial
Dispute Resolution
Under a subcontracting agreement, the subcontractor undertook to indemnify the main contractor for indirect costs of third-party payments provided that the parties cooperated to avoid third-party payments. Another construction company contended against the subcontractor that it was entitled from the main contractor to entrepreneurship fees and the indemnity agreement was considered an agreement in its […]
A seller of an apartment that withheld materiel information from the purchaser during negotiations is acting in bad faith and must compensate the purchaser
Real Estate
Commercial, Banking and Financial
Dispute Resolution
A purchaser of an apartment sought compensation from the seller because she failed to disclose hidden material defects in the apartment, including neighbors’ complaints about moisture and water damage that originated from defects in the apartment plumbing system. The Court accepted the claim and held that the purchaser should be compensated for failure to disclose […]
A debt cannot be offset against another transaction when it is not a fixed amount and without details
Commercial, Banking and Financial
Dispute Resolution
A landowner commissioned an agricultural work and although the laborer performed the works, the landowner did not pay for such on the grounds that the laborer did not complete other work requested to perform. The Court accepted the claim and held that no consideration could be offset for another transaction when it was not a […]
Dividend distribution will also be approved in a cooperative association in certain circumstances when the profit test is not met
Business, Corporate and Joint Ventures
Dispute Resolution
A cooperative association sought to distribute dividends although it does not meet the profit test. The Court approved the distribution of dividend. A cooperative society is subject to the dividend distribution tests of a company. A company that seeks to distribute dividends must meet two preconditions: one, that the distribution be made from its profits […]
On the Covid-19 and Labor Relations in the Global World
Labor Law and Immigration
Dispute Resolution
Privacy, GDPR, Confidentiality and protection of reputation
The Covid-19 plague stormed into our lives about two years ago, shuffling the cards and forcing the global and local labor world to quickly adapt to many immediate changes in the forms of employment and employee management. Only time will tell whether the medical storm will also lead to a flood at the Labor Courts. […]