Published in Afik News 065 22.10.2010
Related articles
A framework relationship contract is a general agreement that is open to changes and updates in matters that the parties to the contract have chosen not to settle in advance
Commercial, Banking and Financial
Dispute Resolution
Holders of rights of residential units in a luxury hotel demanded the hotel owners to appoint an internationally renowned management company to manage the hotel as well as refrain from raising the management fees. The Supreme Court held that the agreement is a closed agreement and there is no reason to obligate or prevent the […]
Even if business logic justifies exclusivity of a contract this by itself is sufficient to create an exclusive agreement
Commercial, Banking and Financial
Dispute Resolution
A distributor contended that a manufacture interfered with a contract between itself and a third party for the exclusively distribution of its products, including products manufactured together with the distributor. The Court held that the manufacturer did not commit tortious interference of the contract with the third party. The prima facia tort of tortious interference […]
A chain who is aware of an issue to retrieve a business license for a complex is obligated to notify about this the franchisee in advance
Commercial, Banking and Financial
Dispute Resolution
A franchisee paid a franchise fee to operate a coffee shop branch in premises provided to him by the chain. The franchisee was forced to close the business after being convicted of operating a business without a license. It was discovered that obtaining a business license for the premises was impossible due to planning restrictions, […]
When shares have not been allocated, the damage caused is the value of the shares at the time of the non-allocation, even if the company subsequently collapsed
Business, Corporate and Joint Ventures
Commercial, Banking and Financial
Dispute Resolution
Restaurant owners quarreled with the restaurant’s chef, and as a result, shares promised to him under a share allocation agreement in the company managing the activity were not allocated. The company collapsed, so the chef demanded the salary he would have received for his work if he had agreed to accept shares instead of salary. […]