Afik News is the bi-weekly professional magazine of Afik & Co. Attorneys and Notary
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Privacy, GDPR, Confidentiality and protection of reputation
Dispute Resolution
A woman posted a message in a local WhatsApp group of business owners, identifying herself with her full name and stating her mobile phone number. The message included a clear photograph of her former employee and an invitation to speak with her before any business owner would consider hiring the employee. The Court held that […]
Managing an illegal crypto exchange online may be grounds for extradition to the United States
Cryptocurrency, NFT and Web-3
Criminal Law
Dispute Resolution
A person in Israel managed a website called DeepDotWeb (DDW) for the purpose of running an illegal cryptocurrency trading platform and enabled, for a commission, direct access to illegal Darknet trading platforms, including access to dangerous drugs, weapons, and more. He was indicted in the United States of America, which requested that the State of […]
The inability of an agreed arbitrator, by itself, does not invalidate the arbitration clause nor the appointment of an alternate arbitrator
Dispute Resolution
Parties to an agreement appointed a specific person to serve as arbitrator, should a dispute arise between them, when its decision will be binding on both parties. However, the designated arbitrator announced that due to his advanced age and medical condition he is unable to serve as arbitrator. The Court held that all proceedings will […]
An agreement to receive reduced compensation for a delay in delivery of an apartment is null and void even if voluntarily signed by the purchasers
Real Estate
Dispute Resolution
A developer was 6 months late in delivering an apartment to the purchasers and paid a reduced compensation to the purchasers, following a written settlement signed by the parties in which the purchasers waived all claims regarding the late delivery. The Court accepted the purchasers claim and held that the settlement agreement is null and […]
Liability can be applied to a platform that publishes third party information if it did not take proper action to verify the information
Commercial, Banking and Financial
High-Tech and Technology
International Transactions and Dispute Resolution
A couple booked a vacation through a global booking platform. Upon arriving at the destination, it became clear that there is a substantial gap between the place shown in the photos on the website and the place in reality. While the couple demanded compensation due to the aforementioned gap, the platform claimed that it is […]
Is Netanyahu a war criminal or just a bad manager? Or: Why does a CEO need legal advice
Business, Corporate and Joint Ventures
An article on the importance of legal support in managing a company and the importance of full transparency vis-à-vis the legal advisor and acting pursuant to its recommendations. The article was written by Doron Afik, Esq. of Afik & Co.
If the surviving spouse withdraws from a mutual will which included an ‘heir after heir’ provision – the testator’s estate will be distributed pursuant to law
Wills and Estates
Intergenerational Law (Trusts, Estates, Lasting Powers of Attorney, Parenting)
Dispute Resolution
Spouses drafted mutual wills in which each bequeathed his or her entire estate to the other. The wills also included an “heir after heir” provisions, according to which, upon the passing of the surviving spouse, the children of the spouses would inherit all of his estate in unequal shares, in accordance with the terms stipulated […]
A will cannot constitute security for the repayment of a debt between the testator as a debtor and a creditor
Wills and Estates
Intergenerational Law (Trusts, Estates, Lasting Powers of Attorney, Parenting)
Dispute Resolution
A son sought to probate his father’s will and discovered that his cousin had already probated with a false declaration that he did not know details about the deceased’s children and their whereabouts, and had sold the inherited apartment to third parties on the grounds that it constituted security for a loan he had given […]