Afik News is the bi-weekly professional magazine of Afik & Co. Attorneys and Notary
SubscribeA dispute concerning a corporation with international activity may be managed in Israel given an affiliation to Israel
International Transactions and Dispute Resolution
High-Tech and Technology
Dispute Resolution
The Siri software device of Apple, incorporated in the US, recorded and collected data even when the user did not request to operate the device, in a manner that violated the user’s privacy, and Apple published a formal apology regarding the incident. The Court held that Israel is the forum of convenience for hearing the […]
On business judgement and corporate transaction approval mechanism
Business, Corporate and Joint Ventures
An article on the procedures required for approving transactions of interested parties in a company and the business judgement rule. The article was written by Adv. Shelly Wilner of Afik & Co.
A person’s violent behavior may deny eligibility to open a bank account
Commercial, Banking and Financial
International Transactions and Dispute Resolution
Real Estate
A man contacted another in an oral agreement to purchase apartments for investment in the United States, but later discovered that such apartments are not inhabitable. The Court ordered that the purchaser be compensated but reduced the compensation due to his contributory fault. Under Israeli law a contract can be oral, unless there is a […]
Without showing a connection between the corona epidemic and the delay in delivering the apartments – the contractor is liable for compensation for the delay
Purchasers of apartments in a TAMA 38 project demanded compensation from the contractor after the delivery of the apartments was delayed for several years, while the contractor contended that the delay, at least in part, was due to the Covid19 epidemic and therefore beyond his control. The Court held that the purchasers are entitled to […]
Assignment of obligations requires the explicit consent of both assignee and creditor
Commercial, Banking and Financial
Dispute Resolution
A company that sold store franchises granted a franchisee exclusivity in a particular city. After the company assigned its rights to a new company, a third party was given the right to operate a store in that city and the franchisee demanded compensation for the breach of exclusivity. The Court held that the company assigned […]
Breach of confidentiality and non-compete after termination of employment may justify repayment of paid severance pay
Labor Law and Immigration
Dispute Resolution
Privacy, GDPR, Confidentiality and protection of reputation
A company released severance pay to an employee who resigned, after the employee promised to make an orderly transfer of the position, not to contact company customers and to not compete with it. In retrospect, it turned out that the employee breached such obligations. The Labor Court accepted the company’s claim and held that the […]
A review on Facebook which intends to harm a business constitutes defamation
Commercial, Banking and Financial
Privacy, GDPR, Confidentiality and protection of reputation
Dispute Resolution
A couple who purchased, together with their daughter, a plot of land marketed by a realtor published on the realtor’s Facebook page a number of posts that included, among other things, allegations and defamatory statements of “fraud” by the realtor and its broker and warned the public to refrain from any business contact with them. […]
