Afik News is the bi-weekly professional magazine of Afik & Co. Attorneys and Notary
SubscribeA recipient of a full administrative power of attorney from a foreign company may be personally liable for its municipal tax debts
Business, Corporate and Joint Ventures
Taxation and Government Incentives and Funding
Real Estate
A billiard club has not paid full municipal taxes for nearly 10 years, a period in which possession of the property passed between four different companies. While some of the companies were foreign companies, one person received a power of attorney from them to perform operations on them, including the appointment of managers. The Court […]
Top Secret! ? So what?
Privacy, GDPR, Confidentiality and protection of reputation
Copyright, Trademarks Media and Artists
Commercial, Banking and Financial
An article dealing with the importance of proper drafting, by an experienced lawyer, of non disclosure agreements and the protection of intellectual property. The article was written by Doron Afik, Esq. of Afik & Co., Attorneys and Notary.
Publishing the name of the creator in a manner that requires an active action of the viewer in order to discover it is infringement of the moral copyright
Copyright, Trademarks Media and Artists
Dispute Resolution
A photographer who has engaged with a non-profit organization for a joint venture in which the photographer’s photos will be used for fundraising purposes demanded compensation after the organization published the pictures on Facebook while changing them and without giving the photographer credit. The Court held that the organization infringed the photographer’s copyrights and moral […]
A patent holder who uses the protection for the purpose of harming the public and the public good is prevented from claiming its rights in the patent
Copyright, Trademarks Media and Artists
Dispute Resolution
Pfizer who holds the Viagra drug patents demanded that a company manufacturing generic medications cease distributing a competing drug as it infringes on its patents. The Supreme Court held that Pfizer did not misuse its patent and therefore its claims for infringement of its patent should be examined and reverted the case to the District […]
Although a contract for which a term has not been stipulated is not for perpetuities termination must be made in accordance with its provisions
Commercial, Banking and Financial
Dispute Resolution
A manufacturer and a distributor entered into a distribution agreement with an automatic extension for 5 years. Ten months after its execution, the manufacturer sent a notice of termination of the agreement, mainly in view of the manufacturer’s meager sales volume. The Court held that the agreement was unduly terminated. Long-term contracts, especially in the […]
One who owes funds to a disbanded partnership is not exempted just because the partnership disbanded
Business, Corporate and Joint Ventures
Commercial, Banking and Financial
Dispute Resolution
The lawyers partnership provided services to the project where the majority of the payment was deferred until the stage where the project could finance the service, at an interest rate of 18% per annum. After about a year of providing services, the project changed service provider and after about 6 years, one of the partners […]
A condition precedent may be an event that is not external to the parties to the agreement insofar as this is expressly stated in the agreement
Real Estate
Commercial, Banking and Financial
Dispute Resolution
Owners of apartments in a condominium attempted to reach understandings to carry out a joint project according to TAMA 38 and signed a cooperation contract stating that the project architectural plans will be attached to the agreement at a later date subject to the agreement of the parties. Once the parties failed to agree on […]
