AFIK & Co.
Attorneys & Notary
The Firm
About the Firm
Dedicated In-House Solutions
Inspired by Core Values
Fields of Practice
Cryptocurrency, NFT and Web-3
Notarial Services
Mergers and Acquisitions
Business, Corporate and Joint Ventures
Commercial, Banking and Financial
Dispute Resolution
Capital Markets and Stock Exchange Regulations
International Transactions and Dispute Resolution
Copyright, Trademarks Media and Artists
Real Estate
High-Tech and Technology
Intergenerational Law (Trusts, Estates, Lasting Powers of Attorney, Parenting)
Labor Law and Immigration
Maritime, Aviation and Transportation Law
Taxation and Government Incentives and Funding
Competition
Public Law, Environment and Tenders
Notarial Services
Publications
Articles
Newsletter
Legal Updates
Press
Our team
English
עברית
Contact us
Legal Updates
One may pierce the corporate veil in a group of companies between a mother and a wholly owned subsidiary
March 10, 2011
Print
Share
Published in
Afik News 071 16.03.2011
Print
Share
Related articles
May 13, 2024
An organ in a company cannot be both liable because of its position and independently
Business, Corporate and Joint Ventures
Dispute Resolution
People who entered into transactions with a company contended that a director was liable to them for failed transactions – once by virtue of her position as a director, and once personally for her actions. The Court rejected the claim. Israeli law stipulates that a company is liable for an action performed by its organ. […]
May 7, 2024
A bankrupt person cannot file class claims or other proceedings without prior approval of the officer appointed to such person
High-Tech and Technology
Business, Corporate and Joint Ventures
Dispute Resolution
A bankrupt person filed a class-claim against the Afik & Co. law firm, as well as against many other businesses, alleging non-compliance with the website’s accessibility requirement, when he did not make any prior approach and when it was a duplicate lawsuit and when certain businesses had already compromised with him and paid him money […]
May 4, 2024
A participation in a joint venture does not grant a right to receive accounts if no partnership relationship existed between the parties
Business, Corporate and Joint Ventures
Dispute Resolution
A college and a private person established a joint venture in which a pest control course was offered at the college. The college financed the course and also undertook to bear the losses, while the person built the course structure. The person contended that he did not receive the profits he was entitled to from […]
April 14, 2024
Failure to pay an employee due to an insolvency due to the Covid-19 epidemic does not justify piercing the corporate veil and personal liabilities of shareholders
Labor Law and Immigration
Business, Corporate and Joint Ventures
Dispute Resolution
A kitchen worker at a restaurant resigned after not being paid his rights. The employee demanded that the company shareholders pay his rights personally by piercing the corporate veil as they are engaged in operating restaurants through the serial establishment of companies, liquidating them and changing the names of the restaurants to avoid debts. The […]
Facebook
Twitter
LinkedIn
Whatsapp