A partner is not deemed an employee of the partnership and is not entitled to employee rights such as social benefits and prior notice

A class claim was filed against Mercantile Discount Bank for charging a “document editing fee” for the renewal or extension of bank guarantees, when in the framework of such, the amount of the guarantee is reduced. The Court approved the claim as a class claim. The starting point for any interpretation of a contract is […]

After decades a part of a group of companies was acquired by a third party and one of the two shareholders retired and left the other to continue running the business. About 15 years later, the retired shareholder discovered that the other shareholder withdrew funds from the company as management fees in excess of amounts […]

Two entrepreneurs, who were also good friends, set up a startup venture and verbally agreed on the future distribution of rights between them. Two years later, at the drafting stage of a founders agreement, one withdrew from the original agreements and set up by himself a company for the venture. The Court held that an […]

A CEO of a company for distribution of car parts opened a competing company while managing the company. The Court held that the CEO breached his fiduciary duties and therefore the company is entitled to data on the competing company. The duty of trust imposed on an officer of a company includes various prohibitions, including, […]