Afik News is the bi-weekly professional magazine of Afik & Co. Attorneys and Notary
SubscribeDiluting a shareholder and denying its right to a board seat will not be deemed oppression if it consciously refused to inject capital
Business, Corporate and Joint Ventures
Dispute Resolution
A shareholder refused to inject capital into the company. As a result, its holdings were diluted and its right to a seat on the board of directors was revoked as he did not hold the required minimum proportion of shares (25%) and therefore contended to oppression of a shareholder. The Court held that there is […]
Installing hidden cameras is an invasion of privacy
Privacy, GDPR, Confidentiality and protection of reputation
Dispute Resolution
A man installed hidden cameras and listening devices in his ex-wife’s apartment, in order to spy on her and photograph her in intimate situations, and even disbursed some of the findings at her workplace. The Court held that the man owes his ex-wife compensation of ILS 100,000 for the breach of her privacy. Breach of […]
A contractor who markets an apartment “on paper” has an increased duty of disclosure towards the purchasers
Real Estate
Dispute Resolution
A purchaser of an apartment “on paper” in a luxury project in Tel Aviv discovered at the end of construction that the view from her apartment was blocked by another building. The Supreme Court held that the contractor breached the duty of disclosure and is to compensate the purchaser. A party to a negotiation must […]
To die for you ! Between Prenups and wills
Notarial Prenups
Notarial Services
Wills and Estates
An article on prenuptial agreements versus wills and the ability of a prenuptial agreement to set instructions after the demise of one of the parties. The article was written by Doron Afik, Esq. of Afik & Co
A delay in the performance of an action by a tender winner caused by the authority’s failure will be deemed an action performed on time
Public Law, Environment and Tenders
Dispute Resolution
The Israel Lands Authority canceled the winning bid of the tender for the purchase of lease rights in a lot located in Ofakim due to failure to meet the financial obligations on the date set in the tender. The Court annulled the decision of the Israel Lands Authority and held that the Israel Lands Authority […]
Employers cannot enter personal materials in a mixed mailbox unless there is a legitimate apprehension of inappropriate activity by the employee
Privacy, GDPR, Confidentiality and protection of reputation
Labor Law and Immigration
High-Tech and Technology
An employee opened, during his work for the employer and without its knowledge, competing companies, and when his actions were discovered by the employer the employer entered the e-mail mailbox used by the employee and used the materials discovered in such mailboxes to prove the competing actions. The Court held that the employer had the […]
A shareholder seeking document from a company without good faith and in delay may lose its right to receive such
Business, Corporate and Joint Ventures
Dispute Resolution
Company shareholders moved to receive documents from the company in order to examine the possibility of filing a procedure against the other shareholders for usurping a business opportunity from the company and embezzling funds therefrom. The Court partially accepted the motion, but determined that it is somewhat problematic due to delay and lack of good […]
