In the United States, for approval of a claim on the grounds of securities as a class action, no proof of financial loss is required

The Ministry of Transport refused to renew the direct import licenses of a motorcycle importer for both Yamaha and Kawasaki brands, ruling that the license could only be renewed for one of them. The Supreme Court dismissed the importer’s appeal on competition grounds.  The Israeli Law for the Licensing of Services and Professions in the […]

A divorce dispute led to a motion to include real estate corporations managed by the husband as direct parties to the proceedings, within the framework of the joint property, with the intent of preventing the dissipation of assets. The Court partially granted the motion for the joinder of the corporations.  The Israeli Family Court Law […]

As part of a dispute between siblings who are shareholders and directors in a family-owned company, the sister (in her capacity as a director) proactively contacted the real estate taxation director and provided inflated, unsubstantiated valuations of the company’s assets.  This action was taken to increase the tax liabilities of her brother regarding a share […]

A company filed a lawsuit by virtue of a resolution adopted at a board meeting held in the absence of a legal quorum, and without obtaining the consent of the absent director to said resolution. The Court summarily dismissed the claim due to the board resolution’s nullity.  In contrast to resolutions adopted at board meetings […]