Afik News 444 23.07.2025

A husband regularly transferred most of his income to trusts, in which he acted as the protector. The trusts were formally administered by independent trustees but were actually controlled by the husband through letters of wishes enforced by the abuse of his powers as the protector of such trusts. The Court held that the trusts’ […]

A man founded a company with a name that includes his full name. Thereafter, members of his family founded a company with a name that also includes the shared surname and deals in the same areas of activity. However, after decades of activity and an agreement between the parties that the first company would be […]

An article on the question of whether employee stock options granted to a married employee, or one who married before they were mature, are considered joint property of the employee and his or her spouse. The article was written by Attorney Gilad Bar-Ami of Afik & Co.

A parties signed a lease agreement alongside a document entitled ‘Option to Purchase a Property’ which stipulated that the apartment will be sold during the lease period or at the end thereof and the parties will jointly act to finalize a sale contract. In practice, the lessor did not agree to make any changes to […]

When the father died without a will, the daughter contended that her parents were separated and did not maintain a joint household in the last years of their lives, and therefore the mother is not entitled to half of his estate and should not be recognized as an heir. The Court found that for purposes […]

A minority shareholder of a company in the hotel industry demanded that the control holder purchase his shares due to his oppression in 2017 and that the purchase will be at a higher value prior to the Covid-19 epidemic that erupted in 2020 and affected the hotel industry. The Court held that for the purchase […]

Waiters employed at the luxury restaurant “Segev” received their salary from a shared tips pool. In 2019, the restaurant unilaterally decided, without the employees’ consent, to deduct 20% from the tips to fund social benefits and related contributions. The employees objected to the change and even took organizational steps to oppose it. The National Labor […]

Two parties each held half of a plot of land. After one discovered that approximately 34 square meters of its share had been taken by the other, the parties reached a compromise under which the other would return the taken land, with the location of the returned land to be chosen by it. The area […]