Afik News is the bi-weekly professional magazine of Afik & Co. Attorneys and Notary
SubscribeWaiver of rights by an employee requires execution in a language he understands and after understanding his rights.
Labor Law and Immigration
Dispute Resolution
A non-Israeli caretaker contended that he is entitled to various payments from his employer’s successors even though he received compensation after he signed waiver in a language understood to him, which was drafted by an employees organization which made sure that he received his full rights. The Court rejected the claim due to the signed […]
A tender which threshold terms do not enable submitting a non-deficit bids without jeopardizing employee rights shall be cancelled
Public Law, Environment and Tenders
Dispute Resolution
in the threshold terms for a tender to operate a youth hostel for at-risk youth did not enable to submit non-deficit bids without jeopardizing employees’ rights. The Court held that the tender must be amended by changing the threshold terms. The tenders committee has an almost absolute mandate regarding determining the terms of the tender […]
The Tel Aviv municipality may renovate a building and then demand payment from land owners
Public Law, Environment and Tenders
Dispute Resolution
Real Estate
The Tel Aviv municipality required apartment owners in a building to renovate the building in which the apartments they own are located, and inter alia required the unification of the shape of the windows on the building’s facade, contending that the apartment owners had changed them in breach of the permit. The Court held that […]
When I waive do I also waive the ability to withdraw from the waiver?
Commercial, Banking and Financial
Dispute Resolution
An article on waiver of right, their validity and the possibility of withdrawal from such. The article was written by Shelly Wilner, Adv. of Afik & Co.
A real estate transaction based on false recording will not be voided if the purchaser acted in good faith
Real Estate
Dispute Resolution
Wills and Estates
Successors who sought to record the land they inherited in the Land Registry discovered that their land had been sold by someone other than the real owner on the basis of a forged will. The Court partly accepted the claim, due to non-compliance with the Isreal Land Registry Regulations and due to the principal of […]
The board of directors may dismiss the CEO even if he sought to resign aforehand
Business, Corporate and Joint Ventures
Dispute Resolution
A CEO submitted a letter of resignation to the board of directors or, alternatively, conditioned the continuing of his position in certain terms. Upon receiving the letter the board decided to dismiss him. The Court held that the dismissal was lawful. The board of directors has the authority, by law and under the bylaws, to […]
Panama Qualified Investor Visa – Decree 193, effective from October 15th, 2024
International Transactions and Dispute Resolution
Parties may agree that withdrawing from negotiations at any time and even conducting negotiations in parallel is permissible
Commercial, Banking and Financial
Real Estate
Dispute Resolution
Potential buyers of a property were shocked when shortly after the successful completion of the prolong negotiations between the parties, the sellers informed them of their withdrawal from the negotiations and immediately thereafter sold the property to a third party which they have negotiated with while negotiating with the potential buyers. As a justification for […]
A training period can indicate that business information is a trade secret which cannot be easily disclosed
Commercial, Banking and Financial
Dispute Resolution
A chain of stores and stands for the sale of tea drinks contracted with a company that operates stands for the sale of drinks and they formed a partnership to set up a stand in the mall. After the parties got into a dispute, an agreement was signed to dissolve the partnership, which the chain […]
