Afik News is the bi-weekly professional magazine of Afik & Co. Attorneys and Notaries
SubscribeWho Moved My Partner? When Life Reboots and the Company is on Standby
Lasting Power of Attorney
Intergenerational Law (Trusts, Estates, Lasting Powers of Attorney, Parenting)
Business, Corporate and Joint Ventures
An article on the importance of preparing a company for a situation where the founder, senior executives, and shareholders (especially in a closely-held company) may become incapacitated, including through a continuing power of attorney, a will, amending the articles of association, and shareholders' agreements. The article was written by Adv. Osnat Nitay of Afik & Co.
The prohibition on conflicts of interest is not absolute and moderate measures should be considered before disqualifying a bid in a tender
Public Law, Elections Law and Tenders
Dispute Resolution
Two bidders submitted proposals in a public tender for the establishment of a database. After the tender committee awarded the contract to one despite a concern regarding a conflict of interest, the other contended that the tender committee’s decision is unreasonable and should be annulled. The Court rejected the claim and held that the existence […]
A prolonged failure to act upon a contract may cause the agreement to lapse without requiring a formal cancellation notice
Commercial, Banking and Financial
Dispute Resolution
A company engaged in consulting and exercising rights demanded to receive legal fees from a client after about a decade, contending that it referred it to legal representation that led to a reduction in lease fees vis-à-vis the Tel Aviv Municipality. The Court rejected the claim and held that the agreement had been abandoned by […]
Attributing a debt to shareholders of a mother company require two processes of piercing the corporate veil
Business, Corporate and Joint Ventures
Dispute Resolution
A manpower agency provided employees to a company operating a nursing home. The nursing home ran into financial difficulties, ceased operations, and owed money to the manpower agency, who demanded them also from a person who was the shareholders of the holding company of the company managing the hotel and the director of the operating […]
Yedioth Ahronoth, Mamon: Article on the joining of Adv. Ronit Amir-Yaniv as a senior partner at Afik & Co.
Sports Law
Competition
Mergers and Acquisitions
An article in the Yedioth Ahronoth newspaper, Mamon, 07, by reporter Lital Dobrovitsky, about the joining of Adv. Ronit Amir-Yaniv as a senior partner at the international law firm Afik & Co., Attorneys and Notaries. Adv. Amir-Yaniv, who previously served as head of the international real estate department at Yigal Arnon, is considered a prominent expert in the fields of sport-tech, securities, antitrust and accompanying entrepreneurs and marketers in Israel and abroad, including the accompaniment of dozens of complex projects in many countries such as Cyprus, Greece, Italy, Germany, Portugal, England, and the US.
A co-owner’s right to use a joint property without the other owners’ consent is conditioned upon the use being reasonable
Real estate in Israel and around the world
Dispute Resolution
A co-owner of an apartment, who inherited half of his deceased father’s apartment, demanded that his half-sister pay him usage fees after she moved into the apartment with her partner and two children without his consent, even though her mother (the owner of the second half of the rights in the apartment) permitted her to […]
