Afik News 442 25.06.2025

The Center for the Collection of Fines learnt that a criminal, from whom attempts to collect compensation for the victims and the State failed, is the sole shareholder and director of a company in which favor compensation was awarded by the State. The Court decided to perform a reverse piercing of the corporate veil and […]

Settlors of a trust drew up a deed of trust which stipulated that following their demise their house would be transferred to a public trust with the Hebrew University of Jerusalem as beneficiary and all in accordance with the trust deed. The deed of trust stipulates the number of trustees who will manage the trust, […]

An employee who worked for a company that underwent economic rehabilitation pursuant to an issuance of a stay of proceedings order, was terminated several years later and demanded severance pay for the entire duration of his employment with the company, including before the company’s economic rehabilitation. The Supreme Court held that the employee is not […]

An American claimant and a company from the Marshall Islands sued in an Israeli Court and were required to deposit a guarantee for the defendant’s expenses, but after part of the guarantee was used to pay expenses, they did not complete it to the original amount. The court found that the claim should be struck […]

An employee transitioned from one business to another contacting former clients and utilizing confidential business information obtained during his previous role. The new employer was aware of the confidentiality obligations the employee had undertaken toward his former employer and encouraged his move to compete with that employer directly. The Labor Court held that both the […]

An article on the importance of an Israeli will, and preferably an Israeli notarized will, when assets exist in Israel, even if a will already exists in another jurisdiction. The article was written by Doron Afik, Esq. and Attorney Osnat Nitay of Afik & Co.

A car purchaser demanded the cancellation of loan agreements she had taken for the purpose of financing the purchase of a car, after she was coaxed by the car dealer who served as an ‘authorized representative’ of the credit provider to assume obligations to the credit provider under unreasonable transaction terms when the car dealer […]

Several years after their separation, a spouse demanded that his ex-spouse repay half of the amount of the loans he had taken to finance joint debts. The Court dismissed the claim because the common property presumption does not apply in this case. The common property presumption states that when a couple leads a normal joint […]