Afik News is the bi-weekly professional magazine of Afik & Co. Attorneys and Notary
SubscribeHigh Tech: Which pitfall Israeli entrepreneurs should avoid?
Taxation and Government Incentives and Funding
An article on tax implications of the location of incorporation of a start-up company. The article was written by Attorney Anat Shavit, an expert in taxation in general and international taxation, and in mergers and acquisitions transactions in particular
A check with a forged signature is invalid even vis-à-vis a third party who received it in good faith and for value
Commercial, Banking and Financial
Dispute Resolution
A person who received the consideration for his car by means of checks was surprised to discover that they originated in a checkbook that had reached the grantor of the check due to a mistake in the mail and that the signature on such was forged. The Court held that the checks are invalid. A […]
Under certain circumstance a taxpayer who has underpaid tax may be exempt from paying the tax
Taxation and Government Incentives and Funding
Dispute Resolution
Vehicle importers underpaid tax due to a lack of clarity in the regulation regarding the determination of the green score for plug-in vehicles imported from the USA, as determined in the Ministry of Transportation’s procedure. The Court held that the importers are to pay the missing tax. A taxpayer must pay true tax even if […]
The trademark registrar may refuse to acknowledge a coexistence agreement
Copyright, Trademarks Media and Artists
Dispute Resolution
A company engaged in the provision of laundry services sought to register a trademark for the purpose of its activity and discovered that there was already an identical registered trademark which was similarly deceptive. After the company and the owners of the registered mark reached a coexistence agreement that allows for the registration of the […]
Including details about an invention in a patent application does not constitute defense against trade secret theft
Privacy, GDPR, Confidentiality and protection of reputation
Dispute Resolution
A developer contracted a university researcher to improve the services he was working on to identify the carriers of the Covid-19 pandemic. The developer contended that the researcher had stolen the invention, while the researcher contended that the information was in the public domain because it was included in a patent application. The Court held […]
A lease of less than five years does not need to be in writing or signed
Real Estate
Dispute Resolution
An apartment owner sought to forfeit the bank guarantee given to her by the tenant when the tenant withdrew from the lease a week before she moved in, contending that the agreement was not signed but only negotiations took place and drafts were exchanged between the parties. The Court dismissed the tenant’s claim to declare […]
Yedioth Ahronoth: Article about the launch event of the Latin-American department of Afik & Co.
Latam – Spain – Israel Activities
Article in Yedioth Ahronoth, Mamon Magazine, 22.04.2025, reporter Little Dobrovitsky, about the launch event of the Latin-American department of Afik & Co, which handles Israeli clients operating in Spain and Latin America and clients from these countries operating in Israel.
Performing work for different companies related to the employer does not automatically generate an employee-employer relationship
Labor Law and Immigration
Dispute Resolution
A CFO of a discount store chain, who was fired from his job, demanded that six companies included in the chain, for which he performed bookkeeping and financial management work, be recognized as his employers. The Labor Court rejected the employee’s claim against the six companies of the chain group and held that the mere […]
Emily in Ecuador
Latam – Spain – Israel Activities
International Transactions and Dispute Resolution
An article on the importance of using lawyers with knowledge of the Latin American market when working between Israel and these countries, in light of the historic visit to Israel by the President of Ecuador in May 2025. The article was written by Doron Afik, Esq. and Mr. Aiderson Gonzalez of Afik & Co.
