Afik News is the bi-weekly professional magazine of Afik & Co. Attorneys and Notary
SubscribeA CFO may be personally liable to debts of company
Business, Corporate and Joint Ventures
Dispute Resolution
A supplier of a company demanded that a shareholder of a company, who was also in practice its CFO, be required to personally pay the company debts for goods supplied, after presenting him with presentations that the company cash flow difficulties were easy and not a real financial hardship with an apprehension of non-payment and […]
A gag order can be imposed on proceedings only in the case of an immediate violation of a proven trade secret
Commercial, Banking and Financial
Business, Corporate and Joint Ventures
Dispute Resolution
Company shareholders in the midst of an ongoing dispute requested that the Court proceedings be held under gag order in order to protect against exposure of the company’s trade secrets. The Court held that there is no justification to impose a gag order on the proceedings. The starting point in legal proceedings is that the […]
Who polluted my IP, or: Am I the master of my domain?
Copyright, Trademarks Media and Artists
High-Tech and Technology
An article on the importance of using duly made written agreements, with proper legal advice, when working with service providers regarding the intellectual property of the business. The article was written by Doron Afik, Esq. from Afik & Co.
A realtor who misleads a client may forfeit its right to the brokerage fee even if it was the effective factor in executing the transaction
Real Estate
Commercial, Banking and Financial
Dispute Resolution
A customer refused to pay brokerage fees of over ILS 2.5 million to the realtor even though an agreement was made to sell the property. The Court rejected the relator’s claim as it failed to disclose the identity of the purchaser and forfeit her right to brokerage fees. Under Israeli law, a realtor is entitled […]
Infringement of privacy is justified when there is a public interest in it, provided that the publication of the details is not false publication
High-Tech and Technology
Commercial, Banking and Financial
Privacy, GDPR, Confidentiality and protection of reputation
The creator of a blog published under a pseudonym on the Internet articles that are defamatory against complainants in a sexual harassment case and in response a third party, which is active in the fight against sexual harassment, published the real name of the blogger. The Court held that the publication of the blogger’s name […]
An idea that does not reach the level of a product and is mainly a thought process or calculations, is not eligible for registration as a patent
Copyright, Trademarks Media and Artists
Dispute Resolution
The Patent Registrar refused an application to register a patent that dealt with a new physical theory in the field of relativity and quantum mechanics. The Court held that the theory cannot be registered as a patent. An invention eligible for registration as a patent is a product or process in any technological field that […]
As long as there is no hindrance of IP, it is possible to publish information of EU tender participants
European Law and Regulations
Public Law, Environment and Tenders
A Polish company that bid for a tender of the Polish Water Authority, has requested from the Authority to receive the details of the competing companies that have applied to the same tender, the tender documentation, and the details of the competing applicants. The Court ruled that the details of the other tender applications should […]
