Afik News is the bi-weekly professional magazine of Afik & Co. Attorneys and Notary
SubscribeA private entity which is not a monopoly may refuse to provide a service to a client
High-Tech and Technology
Competition
Commercial, Banking and Financial
A blogger in the field of entertainment news in Israel engaged with an advertising network operated by Google which allows site owners to sell advertising space on their sites. After the advertising network froze the blogger’s account and unilaterally terminated the agreement between the parties, the blogger contended that the termination of the agreement constitutes […]
When data regarding a fictitious profile is essential for conducting legal proceedings Facebook may be required to disclose it
High-Tech and Technology
Privacy, GDPR, Confidentiality and protection of reputation
Dispute Resolution
A person used a fictitious Facebook profile to spread false information about other Facebook users. The people about whom the information was spread requested information from Facebook about the details of the fictitious profile holder. The Court held that Facebook is provide only basic information to see whether the person with the fictitious profile is […]
A business party which is the only one investing funds in a project and relies without due diligence review on presentation of the other can not later contend fraud
Real Estate
Dispute Resolution
Two entrepreneurial entities entered into an agreement to collaborate on a project to reenforce two residential buildings as part of a TAMA38 project. After the project failed, the one contended that the other is responsible for its damages due to misrepresentations regarding the project’s profitability and feasibility. The Court rejected the contentions and held that […]
A transaction between sister companies will not be considered a conflict of interest merely because it was conducted by an officer appointed in both
Business, Corporate and Joint Ventures
Dispute Resolution
A shareholder who held shares in two sister companies, sought to cancel transactions executed between the companies on the grounds that they are transactions in conflict of interest as they were conducted by the same officer which appointed for companies. The Court held that the transactions were lawfully executed. Israeli law requires a special approval […]
A decision of all shareholders obligates the company in all respects
Business, Corporate and Joint Ventures
Dispute Resolution
A company signed a middleman agreement with an entity that located a purchaser for the company’s shares and undertook to ensure that out of the consideration paid to the shareholders, the commission would be deducted and transferred to the middleman. All shareholders approved the agreement. Following the completion of the transaction, the company, under the […]
Exploiting a customer list which entails an added-value conferring a competitive advantage will be deemed misappropriation of a trade secret
Labor Law and Immigration
Commercial, Banking and Financial
Dispute Resolution
A water dispensers’ businessowner used Strauss’ customer list, which included the price Strauss offered to its customers, in order to offer them more attractive offers than those offered by Strauss. The Court held that the costumer list is deemed a trade secret, and that the business owner’s actions amount to misappropriation of a trade secret. […]
What if the fraudulent representation I made was actually correct?
Real Estate
Commercial, Banking and Financial
An article that deals with representations within the framework of sales agreements and the ability of a party to rely on the other party's representations
