A. United States Court of Appeals: A cash flow forecast filed by a public company, which proved to be wrong, is insufficient to prove the performance of a securities fraud

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 […]

Leumi Bank closed the bank account of an association, contending that it was supporting terrorist organizations in the Palestinian territories and the Gaza Strip. The association contended that there is no justification for such action because it stopped transferring the funds after October 7, 2023. The Court held that the bank has the right to […]

A business published a Yom Kippur greeting on social media using a photograph taken in Congo and published for the first time by the photographer in Israel. The Court accepted the photographer’s claim for copyright infringement. Under Israeli law, a “photographic work” may be deemed a protected “artistic work” when the creator showed its originality […]

The manager of a sheltered housing asked to recognize him as the sole successor under a will made in front of witnesses of a woman who resided in the sheltered housing he ran. The Court ordered the annulment of the will due to improper involvement in the preparation of the will and unfair influence on […]